| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $350M | $321M | $383M | 9.0% | -8.4% |
| Op. Income | $28M | -$26M | $11M | 207.6% | 163.0% |
| Gross Margin | 33.9% | 24.9% | 30.1% | 9.0pp | 3.9pp |
| Net Margin | -0.3% | -12.2% | 6.2% | 11.8pp | -6.6pp |
| EPS (Diluted) | $-0.04 | $-1.25 | $0.77 | 97.0% | -104.8% |
| Free Cash Flow | -$37M | -$40M | -$12M | 6.6% | -209.1% |
| Item | Amount |
|---|---|
| REVENUE | $350M |
| Cost of Revenue | $231M |
| GROSS PROFIT | $119M |
| R&D Expenses | $12M |
| Selling & Marketing | $16M |
| General & Administrative | $62M |
| SG&A Expenses | $79M |
| Other Expenses | $0 |
| Operating Expenses | $91M |
| Cost & Expenses | $322M |
| OPERATING INCOME | $28M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | -$25M |
| INCOME BEFORE TAX | $3M |
| 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 | $23M |
| EBIT | $20M |
| EBITDA | $43M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $23M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $14M |
| Change in Working Capital | -$65M |
| OPERATING CASH FLOW | -$27M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$11M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $13M |
| NET CASH FROM FINANCING | $13M |
| FREE CASH FLOW | -$37M |
| Net Change in Cash | -$16M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $110M |
| Short-Term Investments | $0 |
| Net Receivables | $415M |
| Inventory | $152M |
| Other Current Assets | $60M |
| TOTAL CURRENT ASSETS | $736M |
| PP&E (Net) | $243M |
| Goodwill | $783M |
| Intangible Assets | $227M |
| Long-Term Investments | $0 |
| Tax Assets | $9M |
| Other Non-Current Assets | $264M |
| TOTAL NON-CURRENT ASSETS | $1.5B |
| TOTAL ASSETS | $2.3B |
| Account Payables | $121M |
| Short-Term Debt | $288M |
| Deferred Revenue | $71M |
| Other Current Liabilities | $118M |
| TOTAL CURRENT LIABILITIES | $599M |
| Long-Term Debt | $589M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $160M |
| TOTAL NON-CURRENT LIABILITIES | $749M |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $287M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $797M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$155M |
| Other Equity | -$15M |
| TOTAL STOCKHOLDERS' EQUITY | $914M |
| Minority Interest | $0 |
| TOTAL EQUITY | $914M |
| TOTAL LIABILITIES & EQUITY | $2.3B |
| Total Debt | $877M |
| Net Debt | $768M |
