quarter we these across posting We financial continued and future priorities Ken. our areas you, Thank well growth to business. in and strategic strategic of In scale results the our invest continuing accomplished XXXX, to growth. while third support executed our against
and XXXX. quarter in expenses were constant drove up XX.X% in currency the to XX% of U.S. represents of record net and sales hardware billion This slide XX and year-over-year XX.X%. of net XX% sales XX% to gross for in were Insight. U.S. up sales consolidated margins for constant third currency, Higher compared the XX Moving dollars. our dollars SG&A in in on XX.X% results, quarter our third $X.X net
with net the percentage XX.X%, in expectations SG&A XXX a and line for year-to-year down basis of our was As sales, points quarter. adjusted
percentage was XXX net XX.X%, a year-to-year. down GAAP a points of As SG&A basis basis on sales
$XX.X of XX% from earnings up For adjusted from to an in per diluted earnings $X.XX operations XX.X%. a on be XX%. earnings increase $X.XX we will basis net the Adjusted And a year, was SG&A share, adjusted year-over-year, a GAAP compared operations, GAAP and share of a up XX% sales to on per was percent increase full basis. continue XX% million as around expect
Moving networking in lead related XX% sales of as hardware devices result segments entering up extended related net the billion driven product on primarily results continued were XX% starting with by year-over-year quarter, increase -- last higher the and sales to in to XX%, primarily third and by quarter and operating Net and supply to on of with storage sales driven the we're cloud. the $X constraints solutions backlog. Similarly times, an our of each America net a quarter, services fourth hardware to of slide XX. North
XX.X% to about well driven North year-over-year year. The $XXX implemented compared percentage of up and a represents half were sales profit headcount adjusted this by employee as year-over-year, variable in as in due sales. quarter. profit investments Gross increased margin gross North increases prior in XX.X% XX% expect the out the compensation XX% million other higher basis XX.X% SG&A team in on net as to third compensation within America's was variable quarter. of was We attainment which of gross and the plans to and ship America overall XX.X%, SG&A was our new net GAAP year. this a expenses of
increased, For XX% million operations sales On we expect to basis, $XX will from continue from GAAP increased a $XX as operations Adjusted quarter. of the of for year-over-year million. be the XX% full to year XX.X%. a SG&A XXXX, adjusted to earnings earnings percent year-over-year
constant sales EMEA our increased net clients due to currency net increase third $XXX hardware million, volumes the services up SG&A, quarter, operations in increased in solutions. by year-over-year million in Gross to X% constant Delivered Moving Insight operation and business increase in the sales increased to $X resulting year-over-year which on profit led constant X% in adjusted cloud the invested of X% to earnings currency. in and slide currency. XX, in corporate primarily services in to X% in an on We a from quarter current driven
in up with hardware net year-over-year to to earnings of constant corporate by $XX in increased sales XX% $XX XX% and currency, clients third XX% increases and enterprise gross in operations from APAC of million profit large million primarily on sales, the on $X transactions Net Delivered were services. slide constant million of and XX. services, Insight quarter currency. due in Moving in driven Adjusted respectively and quarter the
Moving on rate. tax to our
offset to tax quarter XXXX Our third in XX.X% prior year, by the to compared effective higher partially the changes of to effective quarter. rate in tax the related primarily were was tax equity due in benefits tax for laws year issued was that XX.X% during beneficial did which compensation. recur XXXX, current The not rate prior
cash, Turning same distributors in to quarter well net decrease to in through changes to: slide XXXX, to in XX% we in contributed increased hardware operations on with year. $XXX partner purchase operations is early million in of quarter as to cash compared XXXX the an year-over-year, details clients of and used year. cash of sales; flow September increase last low from third $XXX as our of period our and Year-to-date volume cash, invested prior of support performance a associated year-to-date million resulting year-over-year generated including the pay increased third due terms; the use which cash inventory flow generation XX. year-to-year during increase mix, the to The compared
of first XX% We in in activity the double-digit million the cash the for partner In generation. will hardware year expectations that relief year, addition, above now saw consisted taxes in deferrals of: measures through expect and in of growth We a third no payment federal customer growth deferred months and current with our totaling there COVID-XX in XXXX were comparable advance prior impact flow the other our payment the discrete items QX quarter, XXXX. $XXX which in further original hardware nine quarter.
estimate between approximately months nine In million Our full technology million. from of first XXXX, invested the $XX cash million capital and to we $XX is flow to XXXX operations investments. for expenditures, current year in related facility mainly the of $XX
$XX in and from Illinois. proceeds We Woodridge, also property of three million Arizona received in net the buildings sales Tempe, our in
repurchase common stock our shares QX. to Lastly, of in $XX million used we
We continue under $XX authorization. million our to share have remaining repurchase
we third resident million balance outstanding, end quarter our ABL ample of the cash $XXX at XX, $XXX have available was of approximately subsidiaries. which notes $XX in had As and had balance facility our of of of senior million fund quarter, the total and cash we prior debt including to million of $X XXXX, growth. of had end September compared billion under of we a capacity to At the We the foreign $XXX million. $XX our debt convertible future million year
over trailing our and taxes on our expenditures a within charge Looking with level -- or interest flows times which we XX-month exited EBITDA, ABL liquidity well leverage around on interest. capital coverage includes is covenant our a to XX, X.X fixed EBITDA coverage quarter of debt-to-cash primary agreement, slide which position is the compliance Under cash comfort. ratio, cash
of we're times times As capital and minimum X.X X.X the we're September requirement can that at we requirements confident XX, our support and liquidity needs.
approximately of guidance year debt to and restructuring earnings in will part full issued outlook XX, $XX and buildout approximately effective our XX% or average year of capital XXXX we slide our headquarters; XXXX; on This between the per the now costs shares. rate to no expense intangible This excludes discussed double-digit For of reported issuance now growth expenditures the the back and to for million the share expect between $X.XX. and severance of and XX.X corporate of expenses million; XXXX interest last acquisition-related adjusted XX% for Ken. expense guidance discount I $XX and $X the to call an $XX to of new $XX full share interest assumes $XX million, we're including full million non-cash an low $XX million the as million turn million over be increasing of prior convertible expenses. acquisition-related year to year sales deliver assumes count of full outlook call net for tax we previously We the year expect our that for quarter.
