| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $200M | $375M | $411M | -46.6% | -51.3% |
| Op. Income | -$25M | -$17M | $16M | -49.0% | -263.5% |
| Gross Margin | 21.7% | 22.8% | 25.9% | -1.1pp | -4.2pp |
| Net Margin | -10.1% | -3.8% | 1.9% | -6.4pp | -12.0pp |
| EPS (Diluted) | $-0.62 | $-0.48 | $0.26 | -29.2% | -338.5% |
| Free Cash Flow | $24M | $19M | $10M | 28.6% | 141.1% |
| Item | Amount |
|---|---|
| REVENUE | $200M |
| Cost of Revenue | $157M |
| GROSS PROFIT | $43M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $68M |
| Other Expenses | $670.0K |
| Operating Expenses | $69M |
| Cost & Expenses | $226M |
| OPERATING INCOME | -$25M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | -$31M |
| Income Tax Expense | -$11M |
| Net Income from Continuing Ops | -$20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$20M |
| D&A | $8M |
| EBIT | -$25M |
| EBITDA | -$17M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$20M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $37M |
| OPERATING CASH FLOW | $26M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | -$98M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$16M |
| FREE CASH FLOW | $24M |
| Net Change in Cash | $8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $202M |
| Short-Term Investments | $0 |
| Net Receivables | $105M |
| Inventory | $97M |
| Other Current Assets | $28M |
| TOTAL CURRENT ASSETS | $431M |
| PP&E (Net) | $244M |
| Goodwill | $215M |
| Intangible Assets | $142M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $604M |
| TOTAL ASSETS | $1.0B |
| Account Payables | $61M |
| Short-Term Debt | $24M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $10M |
| TOTAL CURRENT LIABILITIES | $122M |
| Long-Term Debt | $514M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | -$108M |
| TOTAL NON-CURRENT LIABILITIES | $526M |
| TOTAL LIABILITIES | $648M |
| Common Stock | $378.0K |
| Additional Paid-In Capital | $298M |
| Retained Earnings | $91M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $387M |
| Minority Interest | $0 |
| TOTAL EQUITY | $387M |
| TOTAL LIABILITIES & EQUITY | $1.0B |
| Total Debt | $671M |
| Net Debt | $469M |
