| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.9B | $4.1B | $3.6B | -3.7% | 7.5% |
| Op. Income | -$34M | $482M | $285M | -107.1% | -111.9% |
| Gross Margin | 2.9% | 17.1% | 14.9% | -14.3pp | -12.0pp |
| Net Margin | -0.6% | 8.5% | 5.8% | -9.0pp | -6.4pp |
| EPS (Diluted) | $-0.32 | $5.02 | $3.12 | -106.4% | -110.3% |
| Free Cash Flow | $1.5B | -$42M | $194M | 3638.1% | 666.0% |
| Item | Amount |
|---|---|
| REVENUE | $3.9B |
| Cost of Revenue | $3.8B |
| GROSS PROFIT | $113M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $147M |
| Operating Expenses | $147M |
| Cost & Expenses | $4.0B |
| OPERATING INCOME | -$34M |
| Interest Income | $100M |
| Interest Expense | $41M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$34M |
| Income Tax Expense | -$12M |
| Net Income from Continuing Ops | -$22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$22M |
| D&A | $0 |
| EBIT | $7M |
| EBITDA | $7M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$22M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1.5B |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $1.5B |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | -$156M |
| Purchases of Investments | -$3.9B |
| Sales/Maturities of Investments | $2.6B |
| Other Investing Activities | $126M |
| NET CASH FROM INVESTING | -$1.3B |
| Net Debt Issuance | -$10M |
| Common Stock Repurchased | -$46M |
| Common Dividends Paid | -$50M |
| Other Financing Activities | -$271M |
| NET CASH FROM FINANCING | -$377M |
| FREE CASH FLOW | $1.5B |
| Net Change in Cash | -$227M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.0B |
| Short-Term Investments | $0 |
| Net Receivables | $3.0B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $6.0B |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $77.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $7.8B |
| TOTAL NON-CURRENT ASSETS | $85.4B |
| TOTAL ASSETS | $91.4B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $3.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.4B |
| Other Non-Current Liabilities | $72.7B |
| TOTAL NON-CURRENT LIABILITIES | $78.6B |
| TOTAL LIABILITIES | $78.6B |
| Common Stock | $1M |
| Additional Paid-In Capital | $2.4B |
| Retained Earnings | $8.5B |
| Treasury Stock | -$1.6B |
| Accum. Other Comp. Income | $3.6B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $12.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $12.9B |
| TOTAL LIABILITIES & EQUITY | $91.4B |
| Total Debt | $3.5B |
| Net Debt | $460M |
