| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $356M | $332M | $275M | 7.3% | 29.8% |
| Op. Income | $62M | $60M | $20M | 4.5% | 209.6% |
| Gross Margin | 40.4% | 40.9% | 32.0% | -0.4pp | 8.5pp |
| Net Margin | 13.1% | 13.3% | 5.3% | -0.2pp | 7.8pp |
| EPS (Diluted) | $1.64 | $1.54 | $0.51 | 6.5% | 221.6% |
| Free Cash Flow | $32M | -$5M | -$29M | 785.8% | 212.1% |
| Item | Amount |
|---|---|
| REVENUE | $356M |
| Cost of Revenue | $212M |
| GROSS PROFIT | $144M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $82M |
| Other Expenses | $0 |
| Operating Expenses | $82M |
| Cost & Expenses | $294M |
| OPERATING INCOME | $62M |
| Interest Income | $8.0K |
| Interest Expense | $120.0K |
| Other Income/Expenses | -$112.0K |
| INCOME BEFORE TAX | $62M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $47M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $47M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $47M |
| D&A | $15M |
| EBIT | $62M |
| EBITDA | $78M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $356M |
| Cost of Revenue | $212M |
| GROSS PROFIT | $144M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $82M |
| Other Expenses | $0 |
| Operating Expenses | $82M |
| Cost & Expenses | $294M |
| OPERATING INCOME | $62M |
| Interest Income | $8.0K |
| Interest Expense | $120.0K |
| Other Income/Expenses | -$112.0K |
| INCOME BEFORE TAX | $62M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $47M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $47M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $47M |
| D&A | $15M |
| EBIT | $62M |
| EBITDA | $78M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $47M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $983.0K |
| Other Non-Cash Items | $11M |
| Change in Working Capital | -$24M |
| OPERATING CASH FLOW | $41M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$14.0K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$14.0K |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | -$2M |
| Other Financing Activities | -$414.0K |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | $32M |
| Net Change in Cash | $27M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $173M |
| Short-Term Investments | $18M |
| Net Receivables | $10M |
| Inventory | $282M |
| Other Current Assets | $12M |
| TOTAL CURRENT ASSETS | $496M |
| PP&E (Net) | $273M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $3M |
| Other Non-Current Assets | $14M |
| TOTAL NON-CURRENT ASSETS | $291M |
| TOTAL ASSETS | $787M |
| Account Payables | $66M |
| Short-Term Debt | $48M |
| Deferred Revenue | $2M |
| Other Current Liabilities | -$4M |
| TOTAL CURRENT LIABILITIES | $162M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $15M |
| TOTAL NON-CURRENT LIABILITIES | $192M |
| TOTAL LIABILITIES | $354M |
| Common Stock | $410.0K |
| Additional Paid-In Capital | $79M |
| Retained Earnings | $535M |
| Treasury Stock | -$182M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $433M |
| Minority Interest | $0 |
| TOTAL EQUITY | $433M |
| TOTAL LIABILITIES & EQUITY | $787M |
| Total Debt | $225M |
| Net Debt | $52M |
