| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $453M | $465M | $532M | -2.5% | -14.8% |
| Op. Income | $36M | $66M | $90M | -45.2% | -59.9% |
| Gross Margin | 11.9% | 18.0% | 20.4% | -6.1pp | -8.6pp |
| Net Margin | 5.7% | 8.2% | 9.4% | -2.5pp | -3.7pp |
| EPS (Diluted) | $0.20 | $0.30 | $0.38 | -33.3% | -47.4% |
| Free Cash Flow | $42M | $31M | $67M | 34.4% | -37.3% |
| Item | Amount |
|---|---|
| REVENUE | $453M |
| Cost of Revenue | $400M |
| GROSS PROFIT | $54M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $18M |
| SG&A Expenses | $18M |
| Other Expenses | $0 |
| Operating Expenses | $18M |
| Cost & Expenses | $417M |
| OPERATING INCOME | $36M |
| Interest Income | $58.0K |
| Interest Expense | $12M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | -$341.0K |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $89M |
| EBIT | $38M |
| EBITDA | $126M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $453M |
| Cost of Revenue | $400M |
| GROSS PROFIT | $54M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $18M |
| SG&A Expenses | $18M |
| Other Expenses | $0 |
| Operating Expenses | $18M |
| Cost & Expenses | $417M |
| OPERATING INCOME | $36M |
| Interest Income | $58.0K |
| Interest Expense | $12M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | -$341.0K |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $89M |
| EBIT | $38M |
| EBITDA | $126M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $25M |
| Depreciation & Amortization | $89M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$413.0K |
| Other Non-Cash Items | -$7M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $107M |
| Capital Expenditure | -$65M |
| Acquisitions (Net) | $55.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$65M |
| Net Debt Issuance | $50M |
| Common Stock Repurchased | -$18M |
| Common Dividends Paid | -$70M |
| Other Financing Activities | -$194.0K |
| NET CASH FROM FINANCING | -$37M |
| FREE CASH FLOW | $42M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $36M |
| Short-Term Investments | $0 |
| Net Receivables | $162M |
| Inventory | $101M |
| Other Current Assets | $18M |
| TOTAL CURRENT ASSETS | $320M |
| PP&E (Net) | $1.4B |
| Goodwill | $136M |
| Intangible Assets | $0 |
| Long-Term Investments | $655M |
| Tax Assets | $0 |
| Other Non-Current Assets | $68M |
| TOTAL NON-CURRENT ASSETS | $2.3B |
| TOTAL ASSETS | $2.6B |
| Account Payables | $81M |
| Short-Term Debt | $25M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $54M |
| TOTAL CURRENT LIABILITIES | $196M |
| Long-Term Debt | $768M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $341M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $1.3B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$78M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $12M |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $2.6B |
| Total Debt | $810M |
| Net Debt | $773M |
