| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.0B | $3.1B | $3.0B | -3.4% | -0.4% |
| Op. Income | $326M | $436M | $110M | -25.2% | 196.4% |
| Gross Margin | 40.5% | 39.7% | 37.0% | 0.8pp | 3.5pp |
| Net Margin | -2.1% | 10.0% | 0.6% | -12.1pp | -2.7pp |
| EPS (Diluted) | $-0.51 | $2.57 | $0.15 | -119.8% | -440.0% |
| Free Cash Flow | -$4M | -$47M | -$42M | 91.5% | 90.5% |
| Item | Amount |
|---|---|
| REVENUE | $3.0B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $78M |
| Other Expenses | $815M |
| Operating Expenses | $893M |
| Cost & Expenses | $2.7B |
| OPERATING INCOME | $326M |
| Interest Income | $0 |
| Interest Expense | $231M |
| Other Income/Expenses | -$292M |
| INCOME BEFORE TAX | $34M |
| Income Tax Expense | $69M |
| Net Income from Continuing Ops | -$35M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$64M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$64M |
| D&A | $138M |
| EBIT | $265M |
| EBITDA | $403M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$64M |
| Depreciation & Amortization | $138M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $68M |
| Other Non-Cash Items | $89M |
| Change in Working Capital | -$130M |
| OPERATING CASH FLOW | $101M |
| Capital Expenditure | -$105M |
| Acquisitions (Net) | $4M |
| Purchases of Investments | -$45M |
| Sales/Maturities of Investments | $26M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$120M |
| Net Debt Issuance | -$380M |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$21M |
| NET CASH FROM FINANCING | -$406M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | -$425M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.3B |
| Short-Term Investments | $0 |
| Net Receivables | $2.1B |
| Inventory | $336M |
| Other Current Assets | $193M |
| TOTAL CURRENT ASSETS | $4.1B |
| PP&E (Net) | $6.0B |
| Goodwill | $4.2B |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $59M |
| Other Non-Current Assets | $1.3B |
| TOTAL NON-CURRENT ASSETS | $11.5B |
| TOTAL ASSETS | $15.6B |
| Account Payables | $730M |
| Short-Term Debt | $151M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.2B |
| TOTAL CURRENT LIABILITIES | $2.7B |
| Long-Term Debt | $11.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $96M |
| Other Non-Current Liabilities | $1.5B |
| TOTAL NON-CURRENT LIABILITIES | $14.0B |
| TOTAL LIABILITIES | $16.7B |
| Common Stock | $1M |
| Additional Paid-In Capital | $2.1B |
| Retained Earnings | -$3.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$16M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$1.7B |
| Minority Interest | $567M |
| TOTAL EQUITY | -$1.1B |
| TOTAL LIABILITIES & EQUITY | $15.6B |
| Total Debt | $12.6B |
| Net Debt | $11.3B |
