| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.7B | $2.7B | $4.3B | 1.9% | -35.5% |
| Op. Income | -$20M | -$94M | $254M | 78.2% | -108.0% |
| Gross Margin | 7.6% | 5.2% | 11.4% | 2.4pp | -3.8pp |
| Net Margin | -3.0% | -5.5% | 3.4% | 2.6pp | -6.4pp |
| EPS (Diluted) | $-0.32 | $-0.59 | $0.57 | 45.8% | -156.1% |
| Free Cash Flow | -$180M | $186M | -$405M | -197.0% | 55.5% |
| Item | Amount |
|---|---|
| REVENUE | $2.7B |
| Cost of Revenue | $2.5B |
| GROSS PROFIT | $208M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $90M |
| Other Expenses | $139M |
| Operating Expenses | $229M |
| Cost & Expenses | $2.8B |
| OPERATING INCOME | -$20M |
| Interest Income | $0 |
| Interest Expense | $100M |
| Other Income/Expenses | -$100M |
| INCOME BEFORE TAX | -$121M |
| Income Tax Expense | -$39M |
| Net Income from Continuing Ops | -$81M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$81M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$81M |
| D&A | $139M |
| EBIT | -$20M |
| EBITDA | $118M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$81M |
| Depreciation & Amortization | $139M |
| Stock-Based Compensation | $18M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | -$21M |
| Change in Working Capital | -$171M |
| OPERATING CASH FLOW | -$115M |
| Capital Expenditure | -$65M |
| Acquisitions (Net) | -$26M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$91M |
| Net Debt Issuance | -$1.1B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$28M |
| Other Financing Activities | -$10M |
| NET CASH FROM FINANCING | -$1.1B |
| FREE CASH FLOW | -$180M |
| Net Change in Cash | -$1.3B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $0 |
| Net Receivables | $1.5B |
| Inventory | $427M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.4B |
| PP&E (Net) | $2.6B |
| Goodwill | $5.4B |
| Intangible Assets | $1.9B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.2B |
| TOTAL NON-CURRENT ASSETS | $11.1B |
| TOTAL ASSETS | $14.5B |
| Account Payables | $644M |
| Short-Term Debt | $98M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2.3B |
| Long-Term Debt | $8.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.1B |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $9.5B |
| TOTAL LIABILITIES | $11.8B |
| Common Stock | $3M |
| Additional Paid-In Capital | $3.4B |
| Retained Earnings | $421M |
| Treasury Stock | -$919M |
| Accum. Other Comp. Income | -$273M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.7B |
| Minority Interest | $10M |
| TOTAL EQUITY | $2.7B |
| TOTAL LIABILITIES & EQUITY | $14.5B |
| Total Debt | $8.6B |
| Net Debt | $7.4B |
