| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $642M | $537M | $547M | 19.6% | 17.4% |
| Op. Income | $83M | $61M | -$16M | 36.1% | 618.8% |
| Gross Margin | 47.2% | 51.4% | 34.7% | -4.2pp | 12.5pp |
| Net Margin | 7.8% | 6.0% | -3.1% | 1.8pp | 10.9pp |
| EPS (Diluted) | $0.56 | $0.36 | $-0.19 | 55.6% | 394.7% |
| Free Cash Flow | $146M | -$65M | -$93M | 324.6% | 257.0% |
| Item | Amount |
|---|---|
| REVENUE | $642M |
| Cost of Revenue | $339M |
| GROSS PROFIT | $303M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $82M |
| Other Expenses | $138M |
| Operating Expenses | $220M |
| Cost & Expenses | $559M |
| OPERATING INCOME | $83M |
| Interest Income | $0 |
| Interest Expense | $33M |
| Other Income/Expenses | -$28M |
| INCOME BEFORE TAX | $55M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $50M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $50M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $50M |
| D&A | $101M |
| EBIT | $83M |
| EBITDA | $184M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $642M |
| Cost of Revenue | $339M |
| GROSS PROFIT | $303M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $82M |
| Other Expenses | $138M |
| Operating Expenses | $220M |
| Cost & Expenses | $559M |
| OPERATING INCOME | $83M |
| Interest Income | $0 |
| Interest Expense | $33M |
| Other Income/Expenses | -$28M |
| INCOME BEFORE TAX | $55M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $50M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $50M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $50M |
| D&A | $101M |
| EBIT | $83M |
| EBITDA | $184M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $50M |
| Depreciation & Amortization | $101M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $11M |
| Other Non-Cash Items | -$11M |
| Change in Working Capital | $155M |
| OPERATING CASH FLOW | $306M |
| Capital Expenditure | -$160M |
| Acquisitions (Net) | $160M |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | -$165M |
| NET CASH FROM INVESTING | -$165M |
| Net Debt Issuance | $180M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$39M |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | $136M |
| FREE CASH FLOW | $146M |
| Net Change in Cash | $277M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $294M |
| Short-Term Investments | $0 |
| Net Receivables | $273M |
| Inventory | $75M |
| Other Current Assets | $213M |
| TOTAL CURRENT ASSETS | $899M |
| PP&E (Net) | $7.8B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $870M |
| TOTAL NON-CURRENT ASSETS | $8.6B |
| TOTAL ASSETS | $9.5B |
| Account Payables | $201M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $543M |
| TOTAL CURRENT LIABILITIES | $867M |
| Long-Term Debt | $3.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $419M |
| Other Non-Current Liabilities | $2.2B |
| TOTAL NON-CURRENT LIABILITIES | $6.0B |
| TOTAL LIABILITIES | $6.9B |
| Common Stock | $1.2B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.7B |
| TOTAL LIABILITIES & EQUITY | $9.5B |
| Total Debt | $3.4B |
| Net Debt | $3.1B |
