| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.3B | $4.3B | $4.0B | -23.7% | -18.8% |
| Op. Income | $927M | $1.9B | $906M | -50.8% | 2.3% |
| Gross Margin | 30.8% | 48.1% | 25.6% | -17.3pp | 5.2pp |
| Net Margin | -28.5% | 10.1% | 17.3% | -38.6pp | -45.8pp |
| EPS (Diluted) | $-0.39 | $0.18 | $0.29 | -316.0% | -235.0% |
| Free Cash Flow | $713M | $1.1B | $93M | -34.1% | 668.5% |
| Item | Amount |
|---|---|
| REVENUE | $3.3B |
| Cost of Revenue | $2.3B |
| GROSS PROFIT | $1.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $5M |
| General & Administrative | $79M |
| SG&A Expenses | $84M |
| Other Expenses | $0 |
| Operating Expenses | $84M |
| Cost & Expenses | $2.4B |
| OPERATING INCOME | $927M |
| Interest Income | $0 |
| Interest Expense | $151M |
| Other Income/Expenses | -$1.7B |
| INCOME BEFORE TAX | -$821M |
| Income Tax Expense | $116M |
| Net Income from Continuing Ops | -$937M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$937M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$937M |
| D&A | $1.2B |
| EBIT | -$87M |
| EBITDA | $1.1B |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$937M |
| Depreciation & Amortization | $2.0B |
| Stock-Based Compensation | -$163M |
| Deferred Income Tax | $15M |
| Other Non-Cash Items | -$113M |
| Change in Working Capital | $435M |
| OPERATING CASH FLOW | $1.3B |
| Capital Expenditure | -$547M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$80M |
| NET CASH FROM INVESTING | -$628M |
| Net Debt Issuance | $427M |
| Common Stock Repurchased | -$198M |
| Common Dividends Paid | -$324M |
| Other Financing Activities | $144M |
| NET CASH FROM FINANCING | $48M |
| FREE CASH FLOW | $713M |
| Net Change in Cash | $681M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $783M |
| Short-Term Investments | $162M |
| Net Receivables | $1.1B |
| Inventory | $687M |
| Other Current Assets | $165M |
| TOTAL CURRENT ASSETS | $3.1B |
| PP&E (Net) | $51.6B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $924M |
| TOTAL NON-CURRENT ASSETS | $52.5B |
| TOTAL ASSETS | $55.6B |
| Account Payables | $586M |
| Short-Term Debt | $2.0B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $354M |
| TOTAL CURRENT LIABILITIES | $4.6B |
| Long-Term Debt | $14.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $7.7B |
| Other Non-Current Liabilities | $4.4B |
| TOTAL NON-CURRENT LIABILITIES | $26.7B |
| TOTAL LIABILITIES | $31.3B |
| Common Stock | $7.0B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $17.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $234M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $24.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $24.3B |
| TOTAL LIABILITIES & EQUITY | $55.6B |
| Total Debt | $16.6B |
| Net Debt | $15.8B |
