| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $865M | $841M | $777M | 2.9% | 11.4% |
| Op. Income | $93M | $153M | $85M | -39.5% | 8.7% |
| Gross Margin | 12.0% | 20.2% | 12.5% | -8.1pp | -0.4pp |
| Net Margin | 8.5% | 14.5% | 9.0% | -6.0pp | -0.5pp |
| EPS (Diluted) | $1.18 | $1.98 | $1.16 | -40.4% | 1.7% |
| Free Cash Flow | $245M | $157M | $178M | 55.9% | 37.6% |
| Item | Amount |
|---|---|
| REVENUE | $865M |
| Cost of Revenue | $761M |
| GROSS PROFIT | $104M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $7M |
| Operating Expenses | $12M |
| Cost & Expenses | $772M |
| OPERATING INCOME | $93M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $93M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $74M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $74M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $71M |
| D&A | $13M |
| EBIT | $100M |
| EBITDA | $113M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $865M |
| Cost of Revenue | $761M |
| GROSS PROFIT | $104M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $7M |
| Operating Expenses | $12M |
| Cost & Expenses | $772M |
| OPERATING INCOME | $93M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $93M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $74M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $74M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $71M |
| D&A | $13M |
| EBIT | $100M |
| EBITDA | $113M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $74M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $7M |
| Change in Working Capital | $154M |
| OPERATING CASH FLOW | $251M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.4B |
| Sales/Maturities of Investments | $1.2B |
| Other Investing Activities | -$8M |
| NET CASH FROM INVESTING | -$159M |
| Net Debt Issuance | -$50M |
| Common Stock Repurchased | -$58.0K |
| Common Dividends Paid | -$15M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$66M |
| FREE CASH FLOW | $245M |
| Net Change in Cash | $26M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $477.0K |
| Short-Term Investments | $7.0B |
| Net Receivables | $1.7B |
| Inventory | $0 |
| Other Current Assets | -$8.9B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $75M |
| Goodwill | $8M |
| Intangible Assets | $0 |
| Long-Term Investments | $7.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$7.5B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $10.4B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$114M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $501M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | -$504M |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $7.5B |
| Common Stock | $209M |
| Additional Paid-In Capital | $458M |
| Retained Earnings | $2.5B |
| Treasury Stock | -$609M |
| Accum. Other Comp. Income | $140M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.9B |
| TOTAL LIABILITIES & EQUITY | $10.4B |
| Total Debt | $501M |
| Net Debt | $500M |
