| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $653M | $984M | — | -33.6% | — |
| Op. Income | -$65M | $65M | — | -199.1% | — |
| Gross Margin | 23.5% | 34.2% | — | -10.7pp | — |
| Net Margin | -12.7% | 5.3% | — | -18.0pp | — |
| EPS (Diluted) | $-0.35 | $0.22 | — | -259.1% | — |
| Free Cash Flow | -$21M | -$24M | — | 8.9% | — |
| Item | Amount |
|---|---|
| REVENUE | $653M |
| Cost of Revenue | $499M |
| GROSS PROFIT | $154M |
| R&D Expenses | $11M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $154M |
| Other Expenses | $53M |
| Operating Expenses | $218M |
| Cost & Expenses | $717M |
| OPERATING INCOME | -$65M |
| Interest Income | $0 |
| Interest Expense | $36M |
| Other Income/Expenses | -$34M |
| INCOME BEFORE TAX | -$98M |
| Income Tax Expense | -$15M |
| Net Income from Continuing Ops | -$83M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$83M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$83M |
| D&A | $77M |
| EBIT | -$62M |
| EBITDA | $14M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$83M |
| Depreciation & Amortization | $77M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$16M |
| Other Non-Cash Items | $10M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$20M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | -$16M |
| Net Debt Issuance | $486M |
| Common Stock Repurchased | -$900.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | $480M |
| FREE CASH FLOW | -$21M |
| Net Change in Cash | $467M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $0 |
| Net Receivables | $700M |
| Inventory | $539M |
| Other Current Assets | $114M |
| TOTAL CURRENT ASSETS | $2.5B |
| PP&E (Net) | $1.2B |
| Goodwill | $1.2B |
| Intangible Assets | $1.2B |
| Long-Term Investments | $21M |
| Tax Assets | $0 |
| Other Non-Current Assets | $642M |
| TOTAL NON-CURRENT ASSETS | $4.2B |
| TOTAL ASSETS | $6.7B |
| Account Payables | $332M |
| Short-Term Debt | $41M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $488M |
| TOTAL CURRENT LIABILITIES | $861M |
| Long-Term Debt | $4.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $109M |
| Other Non-Current Liabilities | $460M |
| TOTAL NON-CURRENT LIABILITIES | $4.5B |
| TOTAL LIABILITIES | $5.4B |
| Common Stock | $251M |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | $411M |
| Treasury Stock | -$418M |
| Accum. Other Comp. Income | -$510M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $46M |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $6.7B |
| Total Debt | $4.0B |
| Net Debt | $2.9B |
