| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $995M | $1.2B | 11.1% | -4.0% |
| Op. Income | $6M | $24M | -$33M | -76.1% | 117.5% |
| Gross Margin | 25.0% | 28.5% | 23.5% | -3.5pp | 1.5pp |
| Net Margin | -4.6% | -10.2% | -10.6% | 5.6pp | 6.0pp |
| EPS (Diluted) | $-0.66 | $-1.31 | $-1.60 | 49.6% | 58.8% |
| Free Cash Flow | $195M | -$42M | $116M | 561.8% | 68.5% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $829M |
| GROSS PROFIT | $277M |
| R&D Expenses | $40M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $229M |
| Other Expenses | $2M |
| Operating Expenses | $271M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $6M |
| Interest Income | $1M |
| Interest Expense | $52M |
| Other Income/Expenses | -$52M |
| INCOME BEFORE TAX | -$47M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | -$50M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$51M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$51M |
| D&A | $105M |
| EBIT | $5M |
| EBITDA | $110M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$51M |
| Depreciation & Amortization | $42M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $9M |
| Other Non-Cash Items | $6M |
| Change in Working Capital | $222M |
| OPERATING CASH FLOW | $227M |
| Capital Expenditure | -$33M |
| Acquisitions (Net) | $21M |
| Purchases of Investments | -$99M |
| Sales/Maturities of Investments | $60M |
| Other Investing Activities | $8M |
| NET CASH FROM INVESTING | -$42M |
| Net Debt Issuance | -$142M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$144M |
| FREE CASH FLOW | $195M |
| Net Change in Cash | $47M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $325M |
| Short-Term Investments | $37M |
| Net Receivables | $647M |
| Inventory | $498M |
| Other Current Assets | $292M |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $321M |
| Goodwill | $800M |
| Intangible Assets | $449M |
| Long-Term Investments | $10M |
| Tax Assets | $98M |
| Other Non-Current Assets | $123M |
| TOTAL NON-CURRENT ASSETS | $1.8B |
| TOTAL ASSETS | $3.7B |
| Account Payables | $500M |
| Short-Term Debt | $11M |
| Deferred Revenue | $347M |
| Other Current Liabilities | $736M |
| TOTAL CURRENT LIABILITIES | $1.6B |
| Long-Term Debt | $2.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $103M |
| Other Non-Current Liabilities | $288M |
| TOTAL NON-CURRENT LIABILITIES | $2.8B |
| TOTAL LIABILITIES | $4.5B |
| Common Stock | $117M |
| Additional Paid-In Capital | $788M |
| Retained Earnings | -$742M |
| Treasury Stock | -$577M |
| Accum. Other Comp. Income | -$413M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$827M |
| Minority Interest | $15M |
| TOTAL EQUITY | -$813M |
| TOTAL LIABILITIES & EQUITY | $3.7B |
| Total Debt | $2.5B |
| Net Debt | $2.2B |
