| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $256M | $290M | $253M | -11.8% | 1.2% |
| Op. Income | $22M | $38M | $53M | -42.1% | -58.8% |
| Gross Margin | 12.4% | 17.3% | 26.2% | -4.9pp | -13.8pp |
| Net Margin | 4.3% | 19.9% | 7.9% | -15.6pp | -3.6pp |
| EPS (Diluted) | $0.02 | $0.10 | $0.05 | -80.7% | -62.7% |
| Free Cash Flow | $41M | $101M | $10M | -59.7% | 312.9% |
| Item | Amount |
|---|---|
| REVENUE | $256M |
| Cost of Revenue | $224M |
| GROSS PROFIT | $32M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $10M |
| Other Expenses | $0 |
| Operating Expenses | $10M |
| Cost & Expenses | $234M |
| OPERATING INCOME | $22M |
| Interest Income | $0 |
| Interest Expense | $21M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $134M |
| EBIT | $22M |
| EBITDA | $156M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $256M |
| Cost of Revenue | $224M |
| GROSS PROFIT | $32M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $10M |
| Other Expenses | $0 |
| Operating Expenses | $10M |
| Cost & Expenses | $234M |
| OPERATING INCOME | $22M |
| Interest Income | $0 |
| Interest Expense | $21M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $134M |
| EBIT | $22M |
| EBITDA | $156M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $136M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $790.7K |
| Other Non-Cash Items | $141M |
| Change in Working Capital | -$13M |
| OPERATING CASH FLOW | $142M |
| Capital Expenditure | -$102M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$8M |
| NET CASH FROM INVESTING | -$110M |
| Net Debt Issuance | -$32M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$32M |
| FREE CASH FLOW | $41M |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | -$10M |
| Short-Term Investments | $0 |
| Net Receivables | $125M |
| Inventory | $10M |
| Other Current Assets | $33M |
| TOTAL CURRENT ASSETS | $158M |
| PP&E (Net) | $4.4B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $4.4B |
| TOTAL ASSETS | $4.6B |
| Account Payables | $155M |
| Short-Term Debt | $0 |
| Deferred Revenue | -$4M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $159M |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $213M |
| Other Non-Current Liabilities | $504M |
| TOTAL NON-CURRENT LIABILITIES | $2.1B |
| TOTAL LIABILITIES | $2.3B |
| Common Stock | $4.2B |
| Additional Paid-In Capital | $13M |
| Retained Earnings | -$2.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $438M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.3B |
| TOTAL LIABILITIES & EQUITY | $4.6B |
| Total Debt | $1.4B |
| Net Debt | $1.4B |
