| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $995M | $891M | — | 11.8% | — |
| Op. Income | $24M | $21M | — | 16.1% | — |
| Gross Margin | 28.5% | 27.8% | — | 0.7pp | — |
| Net Margin | -10.2% | -2.7% | — | -7.5pp | — |
| EPS (Diluted) | $-1.31 | $-0.31 | — | -322.6% | — |
| Free Cash Flow | -$42M | -$94M | — | 55.2% | — |
| Item | Amount |
|---|---|
| REVENUE | $995M |
| Cost of Revenue | $711M |
| GROSS PROFIT | $284M |
| R&D Expenses | $30M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $226M |
| Other Expenses | $4M |
| Operating Expenses | $260M |
| Cost & Expenses | $971M |
| OPERATING INCOME | $24M |
| Interest Income | $2M |
| Interest Expense | $144M |
| Other Income/Expenses | -$146M |
| INCOME BEFORE TAX | -$122M |
| Income Tax Expense | -$22M |
| Net Income from Continuing Ops | -$101M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$101M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$101M |
| D&A | $43M |
| EBIT | $22M |
| EBITDA | $65M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$101M |
| Depreciation & Amortization | $91M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $19M |
| Other Non-Cash Items | $57M |
| Change in Working Capital | -$105M |
| OPERATING CASH FLOW | -$39M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$40M |
| Sales/Maturities of Investments | $50M |
| Other Investing Activities | $14M |
| NET CASH FROM INVESTING | $14M |
| Net Debt Issuance | -$78M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$68M |
| NET CASH FROM FINANCING | -$145M |
| FREE CASH FLOW | -$42M |
| Net Change in Cash | -$169M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $274M |
| Short-Term Investments | $7M |
| Net Receivables | $668M |
| Inventory | $543M |
| Other Current Assets | $314M |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $198M |
| Goodwill | $774M |
| Intangible Assets | $450M |
| Long-Term Investments | $9M |
| Tax Assets | $128M |
| Other Non-Current Assets | $228M |
| TOTAL NON-CURRENT ASSETS | $1.8B |
| TOTAL ASSETS | $3.6B |
| Account Payables | $504M |
| Short-Term Debt | $18M |
| Deferred Revenue | $247M |
| Other Current Liabilities | $481M |
| TOTAL CURRENT LIABILITIES | $1.4B |
| Long-Term Debt | $2.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $116M |
| Other Non-Current Liabilities | $426M |
| TOTAL NON-CURRENT LIABILITIES | $3.0B |
| TOTAL LIABILITIES | $4.4B |
| Common Stock | $117M |
| Additional Paid-In Capital | $783M |
| Retained Earnings | -$690M |
| Treasury Stock | -$577M |
| Accum. Other Comp. Income | -$440M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$807M |
| Minority Interest | $15M |
| TOTAL EQUITY | -$792M |
| TOTAL LIABILITIES & EQUITY | $3.6B |
| Total Debt | $2.4B |
| Net Debt | $2.2B |
