| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $891M | $911M | — | -2.2% | — |
| Op. Income | $21M | -$26M | — | 178.8% | — |
| Gross Margin | 27.8% | 24.9% | — | 2.9pp | — |
| Net Margin | -2.7% | -10.2% | — | 7.5pp | — |
| EPS (Diluted) | $-0.31 | $-1.20 | — | 74.2% | — |
| Free Cash Flow | -$94M | -$85M | — | -10.3% | — |
| Item | Amount |
|---|---|
| REVENUE | $891M |
| Cost of Revenue | $643M |
| GROSS PROFIT | $248M |
| R&D Expenses | $31M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $182M |
| Other Expenses | $15M |
| Operating Expenses | $227M |
| Cost & Expenses | $870M |
| OPERATING INCOME | $21M |
| Interest Income | $2M |
| Interest Expense | $48M |
| Other Income/Expenses | -$47M |
| INCOME BEFORE TAX | -$27M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | -$23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$24M |
| D&A | $47M |
| EBIT | $22M |
| EBITDA | $69M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$24M |
| Depreciation & Amortization | $53M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$42M |
| Other Non-Cash Items | $12M |
| Change in Working Capital | -$90M |
| OPERATING CASH FLOW | -$91M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | -$9M |
| Purchases of Investments | -$59M |
| Sales/Maturities of Investments | $64M |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | -$7M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$500.0K |
| NET CASH FROM FINANCING | -$8M |
| FREE CASH FLOW | -$94M |
| Net Change in Cash | -$66M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $446M |
| Short-Term Investments | $9M |
| Net Receivables | $589M |
| Inventory | $513M |
| Other Current Assets | $305M |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $206M |
| Goodwill | $775M |
| Intangible Assets | $454M |
| Long-Term Investments | $17M |
| Tax Assets | $135M |
| Other Non-Current Assets | $239M |
| TOTAL NON-CURRENT ASSETS | $1.8B |
| TOTAL ASSETS | $3.7B |
| Account Payables | $480M |
| Short-Term Debt | $102M |
| Deferred Revenue | $301M |
| Other Current Liabilities | $485M |
| TOTAL CURRENT LIABILITIES | $1.5B |
| Long-Term Debt | $2.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $95M |
| Other Non-Current Liabilities | $424M |
| TOTAL NON-CURRENT LIABILITIES | $2.9B |
| TOTAL LIABILITIES | $4.4B |
| Common Stock | $117M |
| Additional Paid-In Capital | $780M |
| Retained Earnings | -$589M |
| Treasury Stock | -$577M |
| Accum. Other Comp. Income | -$434M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$703M |
| Minority Interest | $15M |
| TOTAL EQUITY | -$688M |
| TOTAL LIABILITIES & EQUITY | $3.7B |
| Total Debt | $2.5B |
| Net Debt | $2.0B |
