| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $556M | $743M | — | -25.2% | — |
| Op. Income | $122M | $227M | — | -46.4% | — |
| Gross Margin | 27.9% | 35.4% | — | -7.5pp | — |
| Net Margin | 16.4% | 21.6% | — | -5.3pp | — |
| EPS (Diluted) | $0.33 | $0.57 | — | -42.1% | — |
| Free Cash Flow | $77M | $96M | — | -19.2% | — |
| Item | Amount |
|---|---|
| REVENUE | $556M |
| Cost of Revenue | $401M |
| GROSS PROFIT | $155M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $26M |
| Other Expenses | $8M |
| Operating Expenses | $33M |
| Cost & Expenses | $434M |
| OPERATING INCOME | $122M |
| Interest Income | $0 |
| Interest Expense | $25M |
| Other Income/Expenses | -$25M |
| INCOME BEFORE TAX | $97M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $92M |
| Net Income from Discontinued Ops | -$900.0K |
| Other Adjustments | $0 |
| NET INCOME | $91M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $91M |
| D&A | $22M |
| EBIT | $122M |
| EBITDA | $144M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $556M |
| Cost of Revenue | $401M |
| GROSS PROFIT | $155M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $26M |
| Other Expenses | $8M |
| Operating Expenses | $33M |
| Cost & Expenses | $434M |
| OPERATING INCOME | $122M |
| Interest Income | $0 |
| Interest Expense | $25M |
| Other Income/Expenses | -$25M |
| INCOME BEFORE TAX | $97M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $92M |
| Net Income from Discontinued Ops | -$900.0K |
| Other Adjustments | $0 |
| NET INCOME | $91M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $91M |
| D&A | $22M |
| EBIT | $122M |
| EBITDA | $144M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $92M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $23M |
| Other Non-Cash Items | $78M |
| Change in Working Capital | $23M |
| OPERATING CASH FLOW | $237M |
| Capital Expenditure | -$160M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$157M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$16M |
| Other Financing Activities | -$43M |
| NET CASH FROM FINANCING | -$59M |
| FREE CASH FLOW | $77M |
| Net Change in Cash | $22M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $399M |
| Short-Term Investments | $0 |
| Net Receivables | $224M |
| Inventory | $328M |
| Other Current Assets | $113M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $1.8B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $63M |
| Tax Assets | $438M |
| Other Non-Current Assets | $115M |
| TOTAL NON-CURRENT ASSETS | $2.4B |
| TOTAL ASSETS | $3.5B |
| Account Payables | $213M |
| Short-Term Debt | $0 |
| Deferred Revenue | $18M |
| Other Current Liabilities | $170M |
| TOTAL CURRENT LIABILITIES | $459M |
| Long-Term Debt | $2.1B |
| Deferred Revenue NC | $30M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $534M |
| TOTAL NON-CURRENT LIABILITIES | $2.7B |
| TOTAL LIABILITIES | $3.1B |
| Common Stock | $38M |
| Additional Paid-In Capital | $3.9B |
| Retained Earnings | -$2.9B |
| Treasury Stock | -$391M |
| Accum. Other Comp. Income | -$266M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $360M |
| Minority Interest | $0 |
| TOTAL EQUITY | $360M |
| TOTAL LIABILITIES & EQUITY | $3.5B |
| Total Debt | $2.1B |
| Net Debt | $1.7B |
