| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $792M | $701M | $516M | 13.0% | 53.5% |
| Op. Income | $131M | $131M | $88M | 0.0% | 48.9% |
| Gross Margin | 32.7% | 35.2% | 36.2% | -2.5pp | -3.5pp |
| Net Margin | 12.2% | 9.7% | 11.4% | 2.5pp | 0.8pp |
| EPS (Diluted) | $0.53 | $0.37 | $0.32 | 43.2% | 65.6% |
| Free Cash Flow | $74M | $72M | $80M | 2.8% | -7.5% |
| Item | Amount |
|---|---|
| REVENUE | $792M |
| Cost of Revenue | $533M |
| GROSS PROFIT | $259M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $136M |
| Other Expenses | -$8M |
| Operating Expenses | $128M |
| Cost & Expenses | $661M |
| OPERATING INCOME | $131M |
| Interest Income | $0 |
| Interest Expense | $17M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $128M |
| Income Tax Expense | $31M |
| Net Income from Continuing Ops | $97M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $97M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $97M |
| D&A | $24M |
| EBIT | $145M |
| EBITDA | $169M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $792M |
| Cost of Revenue | $533M |
| GROSS PROFIT | $259M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $136M |
| Other Expenses | -$8M |
| Operating Expenses | $128M |
| Cost & Expenses | $661M |
| OPERATING INCOME | $131M |
| Interest Income | $0 |
| Interest Expense | $17M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $128M |
| Income Tax Expense | $31M |
| Net Income from Continuing Ops | $97M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $97M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $97M |
| D&A | $24M |
| EBIT | $145M |
| EBITDA | $169M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $97M |
| Depreciation & Amortization | $24M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $24M |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | -$42M |
| OPERATING CASH FLOW | $106M |
| Capital Expenditure | -$32M |
| Acquisitions (Net) | -$44M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$75M |
| Net Debt Issuance | -$20M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$23M |
| Other Financing Activities | -$9M |
| NET CASH FROM FINANCING | -$52M |
| FREE CASH FLOW | $74M |
| Net Change in Cash | -$20M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $226M |
| Short-Term Investments | $0 |
| Net Receivables | $490M |
| Inventory | $247M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $1.1B |
| Goodwill | $641M |
| Intangible Assets | $132M |
| Long-Term Investments | $47M |
| Tax Assets | $10M |
| Other Non-Current Assets | $119M |
| TOTAL NON-CURRENT ASSETS | $2.0B |
| TOTAL ASSETS | $3.0B |
| Account Payables | $216M |
| Short-Term Debt | $6M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $285M |
| TOTAL CURRENT LIABILITIES | $507M |
| Long-Term Debt | $1.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $472M |
| TOTAL NON-CURRENT LIABILITIES | $2.5B |
| TOTAL LIABILITIES | $3.0B |
| Common Stock | $2M |
| Additional Paid-In Capital | $32M |
| Retained Earnings | -$29M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $18M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $23M |
| Minority Interest | $0 |
| TOTAL EQUITY | $23M |
| TOTAL LIABILITIES & EQUITY | $3.0B |
| Total Debt | $2.1B |
| Net Debt | $1.8B |
