| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $809M | $756M | $774M | 7.0% | 4.5% |
| Op. Income | $147M | $141M | $142M | 4.1% | 3.3% |
| Gross Margin | 42.8% | 43.6% | 42.8% | -0.9pp | -0.0pp |
| Net Margin | 14.2% | 14.0% | 13.6% | 0.2pp | 0.6pp |
| EPS (Diluted) | $1.33 | $1.23 | $1.23 | 8.1% | 8.1% |
| Free Cash Flow | $152M | $118M | $76M | 28.7% | 100.4% |
| Item | Amount |
|---|---|
| REVENUE | $809M |
| Cost of Revenue | $463M |
| GROSS PROFIT | $346M |
| R&D Expenses | $16M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $182M |
| Other Expenses | $20.0K |
| Operating Expenses | $199M |
| Cost & Expenses | $662M |
| OPERATING INCOME | $147M |
| Interest Income | $1M |
| Interest Expense | $9M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $139M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $115M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $115M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $115M |
| D&A | $57M |
| EBIT | $148M |
| EBITDA | $205M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $809M |
| Cost of Revenue | $463M |
| GROSS PROFIT | $346M |
| R&D Expenses | $16M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $182M |
| Other Expenses | $20.0K |
| Operating Expenses | $199M |
| Cost & Expenses | $662M |
| OPERATING INCOME | $147M |
| Interest Income | $1M |
| Interest Expense | $9M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $139M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $115M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $115M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $115M |
| D&A | $57M |
| EBIT | $148M |
| EBITDA | $205M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $115M |
| Depreciation & Amortization | $57M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$318.0K |
| Other Non-Cash Items | -$279.0K |
| Change in Working Capital | $29M |
| OPERATING CASH FLOW | $206M |
| Capital Expenditure | -$54M |
| Acquisitions (Net) | -$869M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $142.0K |
| NET CASH FROM INVESTING | -$923M |
| Net Debt Issuance | $681M |
| Common Stock Repurchased | -$126.0K |
| Common Dividends Paid | -$34M |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | $642M |
| FREE CASH FLOW | $152M |
| Net Change in Cash | -$60M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $253M |
| Short-Term Investments | $0 |
| Net Receivables | $556M |
| Inventory | $294M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $1.4B |
| Goodwill | $2.9B |
| Intangible Assets | $1.0B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $58M |
| TOTAL NON-CURRENT ASSETS | $5.4B |
| TOTAL ASSETS | $6.6B |
| Account Payables | $134M |
| Short-Term Debt | $0 |
| Deferred Revenue | $44M |
| Other Current Liabilities | $261M |
| TOTAL CURRENT LIABILITIES | $506M |
| Long-Term Debt | $1.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $264M |
| Other Non-Current Liabilities | $89M |
| TOTAL NON-CURRENT LIABILITIES | $2.2B |
| TOTAL LIABILITIES | $2.7B |
| Common Stock | $2.0B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.9B |
| Minority Interest | $11M |
| TOTAL EQUITY | $3.9B |
| TOTAL LIABILITIES & EQUITY | $6.6B |
| Total Debt | $1.9B |
| Net Debt | $1.6B |
