| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.5B | $1.5B | -2.7% | -3.5% |
| Op. Income | $167M | $158M | $119M | 5.2% | 39.9% |
| Gross Margin | 33.2% | 33.0% | 32.0% | 0.1pp | 1.1pp |
| Net Margin | 4.1% | 3.1% | -3.2% | 1.0pp | 7.2pp |
| EPS (Diluted) | $0.08 | $0.05 | $-0.98 | 60.0% | 108.2% |
| Free Cash Flow | $76M | $241M | -$20M | -68.5% | 480.4% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $988M |
| GROSS PROFIT | $491M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $324M |
| Other Expenses | $0 |
| Operating Expenses | $324M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $167M |
| Interest Income | $0 |
| Interest Expense | $92M |
| Other Income/Expenses | -$88M |
| INCOME BEFORE TAX | $79M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $60M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $60M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $44M |
| D&A | $98M |
| EBIT | $171M |
| EBITDA | $269M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $988M |
| GROSS PROFIT | $491M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $324M |
| Other Expenses | $0 |
| Operating Expenses | $324M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $167M |
| Interest Income | $0 |
| Interest Expense | $92M |
| Other Income/Expenses | -$88M |
| INCOME BEFORE TAX | $79M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $60M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $60M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $44M |
| D&A | $98M |
| EBIT | $171M |
| EBITDA | $269M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $60M |
| Depreciation & Amortization | $98M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | -$18M |
| Other Non-Cash Items | $13M |
| Change in Working Capital | -$75M |
| OPERATING CASH FLOW | $89M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$13M |
| Net Debt Issuance | -$4M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $7M |
| NET CASH FROM FINANCING | -$13M |
| FREE CASH FLOW | $76M |
| Net Change in Cash | $69M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $415M |
| Short-Term Investments | $0 |
| Net Receivables | $984M |
| Inventory | $738M |
| Other Current Assets | $156M |
| TOTAL CURRENT ASSETS | $2.3B |
| PP&E (Net) | $552M |
| Goodwill | $2.8B |
| Intangible Assets | $4.1B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $204M |
| TOTAL NON-CURRENT ASSETS | $7.6B |
| TOTAL ASSETS | $9.9B |
| Account Payables | $581M |
| Short-Term Debt | $14M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $384M |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $5.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $788M |
| Other Non-Current Liabilities | $421M |
| TOTAL NON-CURRENT LIABILITIES | $6.3B |
| TOTAL LIABILITIES | $7.3B |
| Common Stock | $1.7B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$98M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$109M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.5B |
| TOTAL LIABILITIES & EQUITY | $9.9B |
| Total Debt | $5.1B |
| Net Debt | $4.7B |
