| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $490M | $483M | $860M | 1.4% | -43.1% |
| Op. Income | -$136M | -$324M | $41M | 58.0% | -429.5% |
| Gross Margin | 7.6% | -5.5% | 30.9% | 13.0pp | -23.3pp |
| Net Margin | -20.1% | -44.7% | 3.2% | 24.7pp | -23.2pp |
| EPS (Diluted) | $-1.36 | $-3.00 | $0.37 | 54.7% | -467.6% |
| Free Cash Flow | -$48M | -$54M | $22M | 11.9% | -318.3% |
| Item | Amount |
|---|---|
| REVENUE | $490M |
| Cost of Revenue | $453M |
| GROSS PROFIT | $37M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $174M |
| Other Expenses | $743.0K |
| Operating Expenses | $168M |
| Cost & Expenses | $621M |
| OPERATING INCOME | -$136M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$139M |
| Income Tax Expense | -$41M |
| Net Income from Continuing Ops | -$98M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$98M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$98M |
| D&A | $21M |
| EBIT | -$135M |
| EBITDA | -$114M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$98M |
| Depreciation & Amortization | $21M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$44M |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | $76M |
| OPERATING CASH FLOW | -$40M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $143.0K |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$706.0K |
| NET CASH FROM FINANCING | -$706.0K |
| FREE CASH FLOW | -$48M |
| Net Change in Cash | -$44M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $207M |
| Short-Term Investments | $0 |
| Net Receivables | $49M |
| Inventory | $445M |
| Other Current Assets | $69M |
| TOTAL CURRENT ASSETS | $770M |
| PP&E (Net) | $1.1B |
| Goodwill | $94M |
| Intangible Assets | $16M |
| Long-Term Investments | $57M |
| Tax Assets | $183M |
| Other Non-Current Assets | $24M |
| TOTAL NON-CURRENT ASSETS | $1.5B |
| TOTAL ASSETS | $2.3B |
| Account Payables | $225M |
| Short-Term Debt | $0 |
| Deferred Revenue | $45M |
| Other Current Liabilities | $106M |
| TOTAL CURRENT LIABILITIES | $669M |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$753M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $1.9B |
| Common Stock | $981M |
| Additional Paid-In Capital | $981M |
| Retained Earnings | -$54M |
| Treasury Stock | -$515M |
| Accum. Other Comp. Income | -$5M |
| Other Equity | -$981M |
| TOTAL STOCKHOLDERS' EQUITY | $407M |
| Minority Interest | $0 |
| TOTAL EQUITY | $407M |
| TOTAL LIABILITIES & EQUITY | $2.3B |
| Total Debt | $2.2B |
| Net Debt | $2.0B |
