| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $870M | $927M | — | -6.1% | — |
| Op. Income | $168M | $150M | — | 12.0% | — |
| Gross Margin | 28.0% | 24.5% | — | 3.6pp | — |
| Net Margin | 12.8% | 7.9% | — | 4.9pp | — |
| EPS (Diluted) | $0.70 | $0.46 | — | 52.2% | — |
| Free Cash Flow | $191M | $150M | — | 27.3% | — |
| Item | Amount |
|---|---|
| REVENUE | $870M |
| Cost of Revenue | $626M |
| GROSS PROFIT | $244M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $76M |
| SG&A Expenses | $76M |
| Other Expenses | $0 |
| Operating Expenses | $76M |
| Cost & Expenses | $702M |
| OPERATING INCOME | $168M |
| Interest Income | $1M |
| Interest Expense | $37M |
| Other Income/Expenses | -$27M |
| INCOME BEFORE TAX | $141M |
| Income Tax Expense | $28M |
| Net Income from Continuing Ops | $113M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $111M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $111M |
| D&A | $72M |
| EBIT | $178M |
| EBITDA | $250M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $870M |
| Cost of Revenue | $626M |
| GROSS PROFIT | $244M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $76M |
| SG&A Expenses | $76M |
| Other Expenses | $0 |
| Operating Expenses | $76M |
| Cost & Expenses | $702M |
| OPERATING INCOME | $168M |
| Interest Income | $1M |
| Interest Expense | $37M |
| Other Income/Expenses | -$27M |
| INCOME BEFORE TAX | $141M |
| Income Tax Expense | $28M |
| Net Income from Continuing Ops | $113M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $111M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $111M |
| D&A | $72M |
| EBIT | $178M |
| EBITDA | $250M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $111M |
| Depreciation & Amortization | $75M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $11M |
| Other Non-Cash Items | $11M |
| Change in Working Capital | $48M |
| OPERATING CASH FLOW | $256M |
| Capital Expenditure | -$65M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$65M |
| Net Debt Issuance | -$164M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$18M |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$179M |
| FREE CASH FLOW | $191M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $309M |
| Short-Term Investments | $0 |
| Net Receivables | $631M |
| Inventory | $1.0B |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $2.1B |
| PP&E (Net) | $2.5B |
| Goodwill | $0 |
| Intangible Assets | $214M |
| Long-Term Investments | $0 |
| Tax Assets | $995M |
| Other Non-Current Assets | $182M |
| TOTAL NON-CURRENT ASSETS | $3.9B |
| TOTAL ASSETS | $6.0B |
| Account Payables | $394M |
| Short-Term Debt | $7M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $185M |
| TOTAL CURRENT LIABILITIES | $779M |
| Long-Term Debt | $2.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $165M |
| Other Non-Current Liabilities | $398M |
| TOTAL NON-CURRENT LIABILITIES | $3.3B |
| TOTAL LIABILITIES | $4.0B |
| Common Stock | $2M |
| Additional Paid-In Capital | $2.1B |
| Retained Earnings | $596M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$705M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $49M |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $6.0B |
| Total Debt | $2.7B |
| Net Debt | $2.4B |
