| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $362M | $327M | $381M | 10.6% | -5.0% |
| Op. Income | $24M | $14M | $45M | 77.5% | -46.8% |
| Gross Margin | 33.2% | 31.8% | 33.9% | 1.4pp | -0.7pp |
| Net Margin | 4.9% | 3.2% | 8.5% | 1.7pp | -3.6pp |
| EPS (Diluted) | $0.40 | $0.23 | $0.73 | 73.9% | -45.2% |
| Free Cash Flow | -$76M | -$10M | $111M | -690.6% | -168.7% |
| Item | Amount |
|---|---|
| REVENUE | $362M |
| Cost of Revenue | $242M |
| GROSS PROFIT | $120M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $96M |
| Other Expenses | $0 |
| Operating Expenses | $96M |
| Cost & Expenses | $338M |
| OPERATING INCOME | $24M |
| Interest Income | $0 |
| Interest Expense | $266.0K |
| Other Income/Expenses | -$266.0K |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $13M |
| EBIT | $24M |
| EBITDA | $37M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $362M |
| Cost of Revenue | $242M |
| GROSS PROFIT | $120M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $96M |
| Other Expenses | $0 |
| Operating Expenses | $96M |
| Cost & Expenses | $338M |
| OPERATING INCOME | $24M |
| Interest Income | $0 |
| Interest Expense | $266.0K |
| Other Income/Expenses | -$266.0K |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $13M |
| EBIT | $24M |
| EBITDA | $37M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $18M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$182.0K |
| Other Non-Cash Items | $7M |
| Change in Working Capital | -$95M |
| OPERATING CASH FLOW | -$64M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | $19M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $19M |
| FREE CASH FLOW | -$76M |
| Net Change in Cash | -$57M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $0 |
| Net Receivables | $616.0K |
| Inventory | $367M |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $394M |
| PP&E (Net) | $361M |
| Goodwill | $1M |
| Intangible Assets | $270.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $363M |
| TOTAL ASSETS | $757M |
| Account Payables | $114M |
| Short-Term Debt | $20M |
| Deferred Revenue | $36M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $288M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $196.0K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $236M |
| TOTAL LIABILITIES | $524M |
| Common Stock | $438.0K |
| Additional Paid-In Capital | $90M |
| Retained Earnings | $143M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $233M |
| Minority Interest | $0 |
| TOTAL EQUITY | $233M |
| TOTAL LIABILITIES & EQUITY | $757M |
| Total Debt | $295M |
| Net Debt | $292M |
