| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $830M | $762M | $871M | 8.9% | -4.7% |
| Op. Income | $37M | $30M | $28M | 22.7% | 34.3% |
| Gross Margin | 16.4% | 17.0% | 15.9% | -0.7pp | 0.5pp |
| Net Margin | 3.3% | 3.5% | 2.7% | -0.2pp | 0.6pp |
| EPS (Diluted) | $0.05 | $0.05 | $0.05 | 6.1% | 13.0% |
| Free Cash Flow | $50M | $109M | $71M | -54.4% | -30.0% |
| Item | Amount |
|---|---|
| REVENUE | $830M |
| Cost of Revenue | $694M |
| GROSS PROFIT | $136M |
| R&D Expenses | $53M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $46M |
| Other Expenses | $0 |
| Operating Expenses | $99M |
| Cost & Expenses | $793M |
| OPERATING INCOME | $37M |
| Interest Income | $0 |
| Interest Expense | $569.0K |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $33M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $28M |
| D&A | $7M |
| EBIT | $35M |
| EBITDA | $42M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $830M |
| Cost of Revenue | $694M |
| GROSS PROFIT | $136M |
| R&D Expenses | $53M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $46M |
| Other Expenses | $0 |
| Operating Expenses | $99M |
| Cost & Expenses | $793M |
| OPERATING INCOME | $37M |
| Interest Income | $0 |
| Interest Expense | $569.0K |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $33M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $28M |
| D&A | $7M |
| EBIT | $35M |
| EBITDA | $42M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $28M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$659.0K |
| Other Non-Cash Items | $6M |
| Change in Working Capital | $17M |
| OPERATING CASH FLOW | $63M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$14M |
| Net Debt Issuance | $8M |
| Common Stock Repurchased | -$46M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | -$34M |
| FREE CASH FLOW | $50M |
| Net Change in Cash | $16M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $316M |
| Short-Term Investments | $0 |
| Net Receivables | $393M |
| Inventory | $807M |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $278M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $6M |
| Tax Assets | $56M |
| Other Non-Current Assets | $10M |
| TOTAL NON-CURRENT ASSETS | $350M |
| TOTAL ASSETS | $1.9B |
| Account Payables | $396M |
| Short-Term Debt | $25M |
| Deferred Revenue | $135M |
| Other Current Liabilities | -$1.0K |
| TOTAL CURRENT LIABILITIES | $673M |
| Long-Term Debt | $21M |
| Deferred Revenue NC | $95M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $24M |
| TOTAL NON-CURRENT LIABILITIES | $157M |
| TOTAL LIABILITIES | $830M |
| Common Stock | $411M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $653M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $396.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $173.0K |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $70M |
| Net Debt | -$246M |
