| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $401M | $362M | $386M | 10.8% | 4.0% |
| Op. Income | $30M | $24M | $38M | 22.6% | -22.7% |
| Gross Margin | 32.3% | 33.2% | 33.9% | -0.9pp | -1.5pp |
| Net Margin | 5.5% | 4.9% | 7.9% | 0.6pp | -2.5pp |
| EPS (Diluted) | $0.49 | $0.40 | $0.68 | 22.5% | -27.9% |
| Free Cash Flow | -$31M | -$76M | $19M | 59.1% | -262.1% |
| Item | Amount |
|---|---|
| REVENUE | $401M |
| Cost of Revenue | $271M |
| GROSS PROFIT | $130M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $100M |
| Other Expenses | $0 |
| Operating Expenses | $100M |
| Cost & Expenses | $371M |
| OPERATING INCOME | $30M |
| Interest Income | $0 |
| Interest Expense | $413.0K |
| Other Income/Expenses | -$413.0K |
| INCOME BEFORE TAX | $29M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $20M |
| EBIT | $30M |
| EBITDA | $50M |
| EPS | $1 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $401M |
| Cost of Revenue | $271M |
| GROSS PROFIT | $130M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $100M |
| Other Expenses | $0 |
| Operating Expenses | $100M |
| Cost & Expenses | $371M |
| OPERATING INCOME | $30M |
| Interest Income | $0 |
| Interest Expense | $413.0K |
| Other Income/Expenses | -$413.0K |
| INCOME BEFORE TAX | $29M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $20M |
| EBIT | $30M |
| EBITDA | $50M |
| EPS | $1 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $22M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $193.0K |
| Deferred Income Tax | -$320.0K |
| Other Non-Cash Items | $13M |
| Change in Working Capital | -$52M |
| OPERATING CASH FLOW | -$11M |
| Capital Expenditure | -$21M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$21M |
| Net Debt Issuance | $31M |
| Common Stock Repurchased | -$87.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$87.0K |
| NET CASH FROM FINANCING | $31M |
| FREE CASH FLOW | -$31M |
| Net Change in Cash | -$88.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $0 |
| Net Receivables | $684.0K |
| Inventory | $428M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $447M |
| PP&E (Net) | $365M |
| Goodwill | $1M |
| Intangible Assets | $267.0K |
| Long-Term Investments | $0 |
| Tax Assets | $124.0K |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $367M |
| TOTAL ASSETS | $815M |
| Account Payables | $124M |
| Short-Term Debt | $58M |
| Deferred Revenue | $41M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $329M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $231M |
| TOTAL LIABILITIES | $560M |
| Common Stock | $438.0K |
| Additional Paid-In Capital | $90M |
| Retained Earnings | $164M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $255M |
| Minority Interest | $0 |
| TOTAL EQUITY | $255M |
| TOTAL LIABILITIES & EQUITY | $815M |
| Total Debt | $329M |
| Net Debt | $326M |
