| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $769M | $725M | $747M | 6.1% | 2.9% |
| Op. Income | $167M | $121M | $179M | 38.3% | -6.3% |
| Gross Margin | 45.1% | 44.0% | 44.4% | 1.1pp | 0.7pp |
| Net Margin | 16.6% | 11.4% | 18.9% | 5.2pp | -2.3pp |
| EPS (Diluted) | $0.75 | $0.48 | $0.84 | 56.3% | -10.7% |
| Free Cash Flow | $114M | $43M | $233M | 168.7% | -50.9% |
| Item | Amount |
|---|---|
| REVENUE | $769M |
| Cost of Revenue | $422M |
| GROSS PROFIT | $346M |
| R&D Expenses | $31M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $148M |
| Other Expenses | -$200.0K |
| Operating Expenses | $179M |
| Cost & Expenses | $601M |
| OPERATING INCOME | $167M |
| Interest Income | $0 |
| Interest Expense | $12M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $158M |
| Income Tax Expense | $31M |
| Net Income from Continuing Ops | $127M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $127M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $127M |
| D&A | $20M |
| EBIT | $167M |
| EBITDA | $187M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $769M |
| Cost of Revenue | $422M |
| GROSS PROFIT | $346M |
| R&D Expenses | $31M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $148M |
| Other Expenses | -$200.0K |
| Operating Expenses | $179M |
| Cost & Expenses | $601M |
| OPERATING INCOME | $167M |
| Interest Income | $0 |
| Interest Expense | $12M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $158M |
| Income Tax Expense | $31M |
| Net Income from Continuing Ops | $127M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $127M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $127M |
| D&A | $20M |
| EBIT | $167M |
| EBITDA | $187M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $127M |
| Depreciation & Amortization | $20M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$28M |
| OPERATING CASH FLOW | $125M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | -$956M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $7M |
| NET CASH FROM INVESTING | -$960M |
| Net Debt Issuance | $599M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$4M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $593M |
| FREE CASH FLOW | $114M |
| Net Change in Cash | -$245M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $459M |
| Short-Term Investments | $0 |
| Net Receivables | $474M |
| Inventory | $264M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $146M |
| Goodwill | $1.7B |
| Intangible Assets | $632M |
| Long-Term Investments | $320M |
| Tax Assets | $0 |
| Other Non-Current Assets | $88M |
| TOTAL NON-CURRENT ASSETS | $2.9B |
| TOTAL ASSETS | $4.2B |
| Account Payables | $391M |
| Short-Term Debt | $5M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $872M |
| Long-Term Debt | $2.6B |
| Deferred Revenue NC | $59M |
| Deferred Tax Liabilities | -$59M |
| Other Non-Current Liabilities | $205M |
| TOTAL NON-CURRENT LIABILITIES | $2.8B |
| TOTAL LIABILITIES | $3.7B |
| Common Stock | $0 |
| Additional Paid-In Capital | $23M |
| Retained Earnings | $279M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $169M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $471M |
| Minority Interest | $4M |
| TOTAL EQUITY | $475M |
| TOTAL LIABILITIES & EQUITY | $4.2B |
| Total Debt | $2.6B |
| Net Debt | $2.2B |
