| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.7B | — | $1.7B | — | 2.3% |
| Op. Income | $60M | — | $307M | — | -80.6% |
| Gross Margin | 9.9% | — | 7.9% | — | 2.0pp |
| Net Margin | 0.1% | — | 15.1% | — | -15.1pp |
| EPS (Diluted) | $0.01 | — | $1.80 | — | -99.5% |
| Free Cash Flow | $35M | — | -$20M | — | 276.5% |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $1.5B |
| GROSS PROFIT | $170M |
| R&D Expenses | $14M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $77M |
| Other Expenses | $0 |
| Operating Expenses | $91M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $60M |
| Interest Income | $0 |
| Interest Expense | $40M |
| Other Income/Expenses | -$54M |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $77M |
| EBIT | $50M |
| EBITDA | $127M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $1.5B |
| GROSS PROFIT | $170M |
| R&D Expenses | $14M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $77M |
| Other Expenses | $0 |
| Operating Expenses | $91M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $60M |
| Interest Income | $0 |
| Interest Expense | $40M |
| Other Income/Expenses | -$54M |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $77M |
| EBIT | $50M |
| EBITDA | $127M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $77M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | $57M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $94M |
| Capital Expenditure | -$58M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$57M |
| Net Debt Issuance | -$113M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | -$110M |
| FREE CASH FLOW | $35M |
| Net Change in Cash | -$71M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $178M |
| Short-Term Investments | $44M |
| Net Receivables | $731M |
| Inventory | $810M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $2.4B |
| Goodwill | $546M |
| Intangible Assets | $83M |
| Long-Term Investments | $19M |
| Tax Assets | $217M |
| Other Non-Current Assets | $61M |
| TOTAL NON-CURRENT ASSETS | $3.3B |
| TOTAL ASSETS | $5.1B |
| Account Payables | $1.3B |
| Short-Term Debt | $195M |
| Deferred Revenue | $41M |
| Other Current Liabilities | $77M |
| TOTAL CURRENT LIABILITIES | $1.6B |
| Long-Term Debt | $2.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.1B |
| TOTAL NON-CURRENT LIABILITIES | $3.6B |
| TOTAL LIABILITIES | $5.2B |
| Common Stock | $4M |
| Additional Paid-In Capital | $491M |
| Retained Earnings | -$478M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$203M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$187M |
| Minority Interest | $13M |
| TOTAL EQUITY | -$174M |
| TOTAL LIABILITIES & EQUITY | $5.1B |
| Total Debt | $2.8B |
| Net Debt | $2.6B |
