| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $533M | $609M | $576M | -12.5% | -7.5% |
| Op. Income | $17M | $86M | -$7M | -80.2% | 342.9% |
| Gross Margin | 28.7% | 34.5% | 26.4% | -5.8pp | 2.3pp |
| Net Margin | 6.0% | 67.5% | -8.3% | -61.5pp | 14.3pp |
| EPS (Diluted) | $0.52 | $6.71 | $-0.76 | -92.3% | 168.4% |
| Free Cash Flow | -$80M | $97M | -$100M | -182.5% | 20.0% |
| Item | Amount |
|---|---|
| REVENUE | $533M |
| Cost of Revenue | $380M |
| GROSS PROFIT | $153M |
| R&D Expenses | $16M |
| Selling & Marketing | $0 |
| General & Administrative | $99M |
| SG&A Expenses | $99M |
| Other Expenses | $21M |
| Operating Expenses | $136M |
| Cost & Expenses | $516M |
| OPERATING INCOME | $17M |
| Interest Income | $1M |
| Interest Expense | $24M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | -$24M |
| Net Income from Continuing Ops | $34M |
| Net Income from Discontinued Ops | -$2M |
| Other Adjustments | $0 |
| NET INCOME | $32M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $32M |
| D&A | $61M |
| EBIT | $33M |
| EBITDA | $94M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $533M |
| Cost of Revenue | $380M |
| GROSS PROFIT | $153M |
| R&D Expenses | $16M |
| Selling & Marketing | $0 |
| General & Administrative | $99M |
| SG&A Expenses | $99M |
| Other Expenses | $21M |
| Operating Expenses | $136M |
| Cost & Expenses | $516M |
| OPERATING INCOME | $17M |
| Interest Income | $1M |
| Interest Expense | $24M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | -$24M |
| Net Income from Continuing Ops | $34M |
| Net Income from Discontinued Ops | -$2M |
| Other Adjustments | $0 |
| NET INCOME | $32M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $32M |
| D&A | $61M |
| EBIT | $33M |
| EBITDA | $94M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $32M |
| Depreciation & Amortization | $61M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$12M |
| Other Non-Cash Items | -$27M |
| Change in Working Capital | -$109M |
| OPERATING CASH FLOW | -$51M |
| Capital Expenditure | -$29M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$4M |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | $11M |
| NET CASH FROM INVESTING | -$18M |
| Net Debt Issuance | $14M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$16M |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | -$7M |
| FREE CASH FLOW | -$80M |
| Net Change in Cash | -$75M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $157M |
| Short-Term Investments | $0 |
| Net Receivables | $441M |
| Inventory | $633M |
| Other Current Assets | $113M |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $1.7B |
| Goodwill | $2.3B |
| Intangible Assets | $1.1B |
| Long-Term Investments | $314M |
| Tax Assets | $23M |
| Other Non-Current Assets | $567M |
| TOTAL NON-CURRENT ASSETS | $6.0B |
| TOTAL ASSETS | $7.3B |
| Account Payables | $234M |
| Short-Term Debt | $179M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $688M |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $250M |
| Other Non-Current Liabilities | $1.1B |
| TOTAL NON-CURRENT LIABILITIES | $3.0B |
| TOTAL LIABILITIES | $3.7B |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $3.6B |
| TOTAL STOCKHOLDERS' EQUITY | $3.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.6B |
| TOTAL LIABILITIES & EQUITY | $7.3B |
| Total Debt | $1.8B |
| Net Debt | $1.7B |
