| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $284M | $231M | $215M | 23.2% | 32.0% |
| Op. Income | $61M | $36M | $37M | 70.8% | 65.9% |
| Gross Margin | 41.1% | 37.3% | 39.2% | 3.8pp | 1.9pp |
| Net Margin | 2.1% | -11.4% | 22.4% | 13.4pp | -20.3pp |
| EPS (Diluted) | $0.06 | $-0.26 | $0.17 | 123.1% | -64.7% |
| Free Cash Flow | $49M | $24M | $39M | 102.1% | 26.5% |
| Item | Amount |
|---|---|
| REVENUE | $284M |
| Cost of Revenue | $167M |
| GROSS PROFIT | $117M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $56M |
| Other Expenses | $0 |
| Operating Expenses | $56M |
| Cost & Expenses | $223M |
| OPERATING INCOME | $61M |
| Interest Income | $1.0K |
| Interest Expense | $8M |
| Other Income/Expenses | -$39M |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $6M |
| EBIT | $29M |
| EBITDA | $35M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $284M |
| Cost of Revenue | $167M |
| GROSS PROFIT | $117M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $56M |
| Other Expenses | $0 |
| Operating Expenses | $56M |
| Cost & Expenses | $223M |
| OPERATING INCOME | $61M |
| Interest Income | $1.0K |
| Interest Expense | $8M |
| Other Income/Expenses | -$39M |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $6M |
| EBIT | $29M |
| EBITDA | $35M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $6M |
| Other Non-Cash Items | $38M |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | $52M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | -$50M |
| Common Stock Repurchased | -$68.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$50M |
| FREE CASH FLOW | $49M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $90M |
| Short-Term Investments | $0 |
| Net Receivables | $118M |
| Inventory | $79M |
| Other Current Assets | $18M |
| TOTAL CURRENT ASSETS | $310M |
| PP&E (Net) | $35M |
| Goodwill | $543M |
| Intangible Assets | $1.1B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $1.7B |
| TOTAL ASSETS | $2.0B |
| Account Payables | $47M |
| Short-Term Debt | $4M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $47M |
| TOTAL CURRENT LIABILITIES | $98M |
| Long-Term Debt | $500M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $98M |
| Other Non-Current Liabilities | $154M |
| TOTAL NON-CURRENT LIABILITIES | $773M |
| TOTAL LIABILITIES | $871M |
| Common Stock | $959.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $88M |
| Treasury Stock | -$2M |
| Accum. Other Comp. Income | -$586.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $2.0B |
| Total Debt | $524M |
| Net Debt | $434M |
