| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $706M | $694M | $679M | 1.8% | 3.9% |
| Op. Income | $25M | $21M | $17M | 17.7% | 47.3% |
| Gross Margin | 13.2% | 14.6% | 13.4% | -1.3pp | -0.2pp |
| Net Margin | 2.0% | 5.0% | 0.2% | -2.9pp | 1.8pp |
| EPS (Diluted) | $0.27 | $0.66 | $0.03 | -59.1% | 800.0% |
| Free Cash Flow | -$81M | $6M | $28M | -1524.6% | -395.3% |
| Item | Amount |
|---|---|
| REVENUE | $706M |
| Cost of Revenue | $613M |
| GROSS PROFIT | $93M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $69M |
| Other Expenses | $0 |
| Operating Expenses | $69M |
| Cost & Expenses | $682M |
| OPERATING INCOME | $25M |
| Interest Income | $0 |
| Interest Expense | $15M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $39M |
| EBIT | $31M |
| EBITDA | $70M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $706M |
| Cost of Revenue | $613M |
| GROSS PROFIT | $93M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $69M |
| Other Expenses | $0 |
| Operating Expenses | $69M |
| Cost & Expenses | $682M |
| OPERATING INCOME | $25M |
| Interest Income | $0 |
| Interest Expense | $15M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $39M |
| EBIT | $31M |
| EBITDA | $70M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $14M |
| Depreciation & Amortization | $39M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | -$23M |
| Change in Working Capital | -$100M |
| OPERATING CASH FLOW | -$67M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | -$200.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $36M |
| NET CASH FROM INVESTING | $22M |
| Net Debt Issuance | -$26M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$26M |
| FREE CASH FLOW | -$81M |
| Net Change in Cash | -$71M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $27M |
| Short-Term Investments | $0 |
| Net Receivables | $393M |
| Inventory | $241M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $743M |
| PP&E (Net) | $856M |
| Goodwill | $86M |
| Intangible Assets | $82M |
| Long-Term Investments | $3M |
| Tax Assets | $10M |
| Other Non-Current Assets | $63M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $1.8B |
| Account Payables | $341M |
| Short-Term Debt | $289M |
| Deferred Revenue | $43M |
| Other Current Liabilities | $157M |
| TOTAL CURRENT LIABILITIES | $868M |
| Long-Term Debt | $564M |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $10M |
| Other Non-Current Liabilities | $170M |
| TOTAL NON-CURRENT LIABILITIES | $830M |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $1M |
| Additional Paid-In Capital | $838M |
| Retained Earnings | -$507M |
| Treasury Stock | -$14M |
| Accum. Other Comp. Income | -$174M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $145M |
| Minority Interest | $0 |
| TOTAL EQUITY | $145M |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $967M |
| Net Debt | $940M |
