| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $255M | $351M | $517M | -27.2% | -50.6% |
| Op. Income | -$35M | $24M | $68M | -244.3% | -151.3% |
| Gross Margin | -8.3% | 10.8% | 17.0% | -19.1pp | -25.3pp |
| Net Margin | -18.3% | -41.3% | 11.0% | 23.0pp | -29.3pp |
| EPS (Diluted) | $-0.37 | $-1.14 | $0.44 | 67.5% | -184.1% |
| Free Cash Flow | $55M | $25M | $77M | 121.3% | -28.0% |
| Item | Amount |
|---|---|
| REVENUE | $255M |
| Cost of Revenue | $276M |
| GROSS PROFIT | -$21M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $14M |
| SG&A Expenses | $14M |
| Other Expenses | $0 |
| Operating Expenses | $14M |
| Cost & Expenses | $290M |
| OPERATING INCOME | -$35M |
| Interest Income | $30.0K |
| Interest Expense | $11M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | -$47M |
| Income Tax Expense | -$77.0K |
| Net Income from Continuing Ops | -$47M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$47M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$47M |
| D&A | $84M |
| EBIT | -$35M |
| EBITDA | $48M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$47M |
| Depreciation & Amortization | $84M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $55M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $92M |
| Capital Expenditure | -$37M |
| Acquisitions (Net) | $239.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$37M |
| Net Debt Issuance | -$50M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$222.0K |
| NET CASH FROM FINANCING | -$50M |
| FREE CASH FLOW | $55M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $35M |
| Short-Term Investments | $0 |
| Net Receivables | $105M |
| Inventory | $88M |
| Other Current Assets | $13M |
| TOTAL CURRENT ASSETS | $241M |
| PP&E (Net) | $1.9B |
| Goodwill | $4M |
| Intangible Assets | $0 |
| Long-Term Investments | $35M |
| Tax Assets | $0 |
| Other Non-Current Assets | $74M |
| TOTAL NON-CURRENT ASSETS | $2.0B |
| TOTAL ASSETS | $2.3B |
| Account Payables | $51M |
| Short-Term Debt | $58M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $55M |
| TOTAL CURRENT LIABILITIES | $204M |
| Long-Term Debt | $705M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $338M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $1.1B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$76M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $11M |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $2.3B |
| Total Debt | $779M |
| Net Debt | $744M |
