| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $257M | $273M | $0 | -5.8% | — |
| Op. Income | -$193M | -$334M | $32M | 42.3% | -711.1% |
| Gross Margin | 61.1% | 57.8% | — | 3.4pp | — |
| Net Margin | -56.3% | -106.2% | — | 49.9pp | — |
| EPS (Diluted) | $-0.29 | $-0.57 | $1.09 | 49.1% | -126.6% |
| Free Cash Flow | $187M | $57M | $26M | 229.4% | 620.2% |
| Item | Amount |
|---|---|
| REVENUE | $257M |
| Cost of Revenue | $100M |
| GROSS PROFIT | $157M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $33M |
| SG&A Expenses | $33M |
| Other Expenses | $317M |
| Operating Expenses | $350M |
| Cost & Expenses | $450M |
| OPERATING INCOME | -$193M |
| Interest Income | $0 |
| Interest Expense | $37M |
| Other Income/Expenses | -$20M |
| INCOME BEFORE TAX | -$213M |
| Income Tax Expense | -$68M |
| Net Income from Continuing Ops | -$145M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$145M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$145M |
| D&A | $45M |
| EBIT | -$176M |
| EBITDA | -$131M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$145M |
| Depreciation & Amortization | $45M |
| Stock-Based Compensation | $20M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $245M |
| Change in Working Capital | $26M |
| OPERATING CASH FLOW | $193M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | -$37M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$127M |
| NET CASH FROM INVESTING | -$169M |
| Net Debt Issuance | $234M |
| Common Stock Repurchased | -$100M |
| Common Dividends Paid | -$155M |
| Other Financing Activities | -$428.0K |
| NET CASH FROM FINANCING | -$22M |
| FREE CASH FLOW | $187M |
| Net Change in Cash | -$22M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1M |
| Short-Term Investments | $0 |
| Net Receivables | $106M |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $109M |
| PP&E (Net) | $3.3B |
| Goodwill | $575M |
| Intangible Assets | $1.5B |
| Long-Term Investments | $710M |
| Tax Assets | $103M |
| Other Non-Current Assets | $14M |
| TOTAL NON-CURRENT ASSETS | $6.2B |
| TOTAL ASSETS | $6.3B |
| Account Payables | $7M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $159M |
| TOTAL CURRENT LIABILITIES | $242M |
| Long-Term Debt | $2.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $2.9B |
| TOTAL LIABILITIES | $3.1B |
| Common Stock | $5M |
| Additional Paid-In Capital | $3.5B |
| Retained Earnings | -$342M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$342M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.1B |
| TOTAL LIABILITIES & EQUITY | $6.3B |
| Total Debt | $2.9B |
| Net Debt | $2.9B |
