| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $653M | $490M | $936M | 33.3% | -30.3% |
| Op. Income | -$59M | -$136M | $56M | 56.9% | -204.4% |
| Gross Margin | 25.4% | 7.6% | 29.5% | 17.8pp | -4.1pp |
| Net Margin | -6.2% | -20.1% | 4.6% | 13.8pp | -10.9pp |
| EPS (Diluted) | $-0.56 | $-1.36 | $0.60 | 58.8% | -193.3% |
| Free Cash Flow | -$31M | -$48M | $65M | 33.9% | -148.8% |
| Item | Amount |
|---|---|
| REVENUE | $653M |
| Cost of Revenue | $487M |
| GROSS PROFIT | $166M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $197M |
| Other Expenses | $24.0K |
| Operating Expenses | $196M |
| Cost & Expenses | $683M |
| OPERATING INCOME | -$59M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | -$68M |
| Income Tax Expense | -$27M |
| Net Income from Continuing Ops | -$41M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$41M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$41M |
| D&A | $22M |
| EBIT | -$59M |
| EBITDA | -$37M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$41M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$26M |
| Other Non-Cash Items | $28M |
| Change in Working Capital | -$15M |
| OPERATING CASH FLOW | -$27M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | $40.0K |
| Net Debt Issuance | -$67M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$66M |
| FREE CASH FLOW | -$31M |
| Net Change in Cash | -$92M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $115M |
| Short-Term Investments | $0 |
| Net Receivables | $62M |
| Inventory | $546M |
| Other Current Assets | $55M |
| TOTAL CURRENT ASSETS | $777M |
| PP&E (Net) | $1.0B |
| Goodwill | $94M |
| Intangible Assets | $16M |
| Long-Term Investments | $58M |
| Tax Assets | $209M |
| Other Non-Current Assets | $32M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $2.2B |
| Account Payables | $371M |
| Short-Term Debt | $63M |
| Deferred Revenue | $43M |
| Other Current Liabilities | $76M |
| TOTAL CURRENT LIABILITIES | $832M |
| Long-Term Debt | $996M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$694M |
| TOTAL NON-CURRENT LIABILITIES | $1.0B |
| TOTAL LIABILITIES | $1.9B |
| Common Stock | $985M |
| Additional Paid-In Capital | $985M |
| Retained Earnings | -$95M |
| Treasury Stock | -$515M |
| Accum. Other Comp. Income | -$5M |
| Other Equity | -$985M |
| TOTAL STOCKHOLDERS' EQUITY | $371M |
| Minority Interest | $0 |
| TOTAL EQUITY | $371M |
| TOTAL LIABILITIES & EQUITY | $2.2B |
| Total Debt | $2.0B |
| Net Debt | $1.9B |
