| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $281M | $189M | $344M | 48.8% | -18.1% |
| Op. Income | $14M | $3M | $18M | 313.2% | -25.3% |
| Gross Margin | 10.5% | 11.1% | 13.6% | -0.6pp | -3.0pp |
| Net Margin | 4.2% | 0.7% | 3.4% | 3.6pp | 0.9pp |
| EPS (Diluted) | $0.44 | $0.05 | $0.43 | 780.0% | 2.3% |
| Free Cash Flow | $80M | -$33M | $69M | 344.2% | 14.5% |
| Item | Amount |
|---|---|
| REVENUE | $281M |
| Cost of Revenue | $252M |
| GROSS PROFIT | $30M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $16M |
| Other Expenses | $0 |
| Operating Expenses | $16M |
| Cost & Expenses | $268M |
| OPERATING INCOME | $14M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | $249.0K |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $4M |
| EBIT | $14M |
| EBITDA | $17M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $281M |
| Cost of Revenue | $252M |
| GROSS PROFIT | $30M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $16M |
| Other Expenses | $0 |
| Operating Expenses | $16M |
| Cost & Expenses | $268M |
| OPERATING INCOME | $14M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | $249.0K |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $4M |
| EBIT | $14M |
| EBITDA | $17M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $12M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $36.0K |
| Deferred Income Tax | -$3.0K |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $68M |
| OPERATING CASH FLOW | $82M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $15.0K |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$48M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$48M |
| FREE CASH FLOW | $80M |
| Net Change in Cash | $32M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $45M |
| Short-Term Investments | $0 |
| Net Receivables | $8M |
| Inventory | $57M |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $117M |
| PP&E (Net) | $110M |
| Goodwill | $19M |
| Intangible Assets | $52M |
| Long-Term Investments | $14M |
| Tax Assets | $4M |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $201M |
| TOTAL ASSETS | $317M |
| Account Payables | $58M |
| Short-Term Debt | $10M |
| Deferred Revenue | $9M |
| Other Current Liabilities | $30M |
| TOTAL CURRENT LIABILITIES | $112M |
| Long-Term Debt | $164M |
| Deferred Revenue NC | $14M |
| Deferred Tax Liabilities | $254.0K |
| Other Non-Current Liabilities | $75M |
| TOTAL NON-CURRENT LIABILITIES | $259M |
| TOTAL LIABILITIES | $371M |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $89M |
| Retained Earnings | -$33M |
| Treasury Stock | -$50M |
| Accum. Other Comp. Income | -$58M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$53M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$53M |
| TOTAL LIABILITIES & EQUITY | $317M |
| Total Debt | $182M |
| Net Debt | $138M |
