| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.2B | $3.7B | $4.0B | -42.3% | -46.3% |
| Op. Income | -$328M | -$98M | $189M | -235.4% | -273.5% |
| Gross Margin | -5.3% | 8.7% | 10.4% | -13.9pp | -15.6pp |
| Net Margin | -11.9% | -5.4% | 2.1% | -6.5pp | -14.0pp |
| EPS (Diluted) | $-1.01 | $-0.80 | $0.33 | -26.2% | -406.1% |
| Free Cash Flow | -$68M | $103M | $9M | -166.1% | -846.6% |
| Item | Amount |
|---|---|
| REVENUE | $2.2B |
| Cost of Revenue | $2.3B |
| GROSS PROFIT | -$113M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $66M |
| Other Expenses | $148M |
| Operating Expenses | $214M |
| Cost & Expenses | $2.5B |
| OPERATING INCOME | -$328M |
| Interest Income | $0 |
| Interest Expense | $94M |
| Other Income/Expenses | -$94M |
| INCOME BEFORE TAX | -$422M |
| Income Tax Expense | -$166M |
| Net Income from Continuing Ops | -$256M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$256M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$256M |
| D&A | $148M |
| EBIT | -$328M |
| EBITDA | -$180M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$256M |
| Depreciation & Amortization | $148M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | -$83M |
| Other Non-Cash Items | $43M |
| Change in Working Capital | $155M |
| OPERATING CASH FLOW | $17M |
| Capital Expenditure | -$85M |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $32M |
| NET CASH FROM INVESTING | -$55M |
| Net Debt Issuance | $1.4B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$28M |
| Other Financing Activities | -$88M |
| NET CASH FROM FINANCING | $1.3B |
| FREE CASH FLOW | -$68M |
| Net Change in Cash | $1.2B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.4B |
| Short-Term Investments | $0 |
| Net Receivables | $1.4B |
| Inventory | $427M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.6B |
| PP&E (Net) | $2.6B |
| Goodwill | $5.3B |
| Intangible Assets | $2.0B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.2B |
| TOTAL NON-CURRENT ASSETS | $11.1B |
| TOTAL ASSETS | $15.6B |
| Account Payables | $618M |
| Short-Term Debt | $90M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2.1B |
| Long-Term Debt | $9.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.1B |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $10.6B |
| TOTAL LIABILITIES | $12.7B |
| Common Stock | $3M |
| Additional Paid-In Capital | $3.4B |
| Retained Earnings | $709M |
| Treasury Stock | -$908M |
| Accum. Other Comp. Income | -$308M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.9B |
| Minority Interest | $10M |
| TOTAL EQUITY | $2.9B |
| TOTAL LIABILITIES & EQUITY | $15.6B |
| Total Debt | $9.7B |
| Net Debt | $7.3B |
