| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $387M | $384M | $351M | 0.9% | 10.3% |
| Op. Income | -$107M | $215M | $204M | -150.0% | -152.7% |
| Gross Margin | 72.7% | 72.0% | 71.4% | 0.7pp | 1.3pp |
| Net Margin | -21.6% | 42.2% | 46.8% | -63.8pp | -68.5pp |
| EPS (Diluted) | $-4.61 | $8.60 | $8.65 | -153.6% | -153.3% |
| Free Cash Flow | $227M | $201M | $225M | 12.8% | 0.8% |
| Item | Amount |
|---|---|
| REVENUE | $387M |
| Cost of Revenue | $106M |
| GROSS PROFIT | $282M |
| R&D Expenses | $0 |
| Selling & Marketing | $19M |
| General & Administrative | $15M |
| SG&A Expenses | $34M |
| Other Expenses | $355M |
| Operating Expenses | $389M |
| Cost & Expenses | $495M |
| OPERATING INCOME | -$107M |
| Interest Income | $2M |
| Interest Expense | $52M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | -$113M |
| Income Tax Expense | -$29M |
| Net Income from Continuing Ops | -$84M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$84M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$84M |
| D&A | $6M |
| EBIT | -$107M |
| EBITDA | -$102M |
| EPS | -$5 |
| EPS Diluted | -$5 |
| Item | Amount |
|---|---|
| Net Income | -$84M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$38M |
| Other Non-Cash Items | $362M |
| Change in Working Capital | -$17M |
| OPERATING CASH FLOW | $231M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$16M |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | -$280M |
| NET CASH FROM INVESTING | -$296M |
| Net Debt Issuance | $297M |
| Common Stock Repurchased | -$307M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$9M |
| NET CASH FROM FINANCING | -$19M |
| FREE CASH FLOW | $227M |
| Net Change in Cash | -$84M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $26M |
| Short-Term Investments | $0 |
| Net Receivables | $6.7B |
| Inventory | $0 |
| Other Current Assets | $415M |
| TOTAL CURRENT ASSETS | $7.1B |
| PP&E (Net) | $62M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $78M |
| TOTAL NON-CURRENT ASSETS | $141M |
| TOTAL ASSETS | $7.3B |
| Account Payables | $171M |
| Short-Term Debt | $80M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$80M |
| TOTAL CURRENT LIABILITIES | $171M |
| Long-Term Debt | $4.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $285M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $5.1B |
| TOTAL LIABILITIES | $5.3B |
| Common Stock | $200.0K |
| Additional Paid-In Capital | $158M |
| Retained Earnings | $1.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $700.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $7.3B |
| Total Debt | $4.9B |
| Net Debt | $4.9B |
