| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $212M | $192M | $132M | 10.5% | 60.2% |
| Op. Income | $98M | $86M | $37M | 14.5% | 167.8% |
| Gross Margin | 48.3% | 46.5% | 30.5% | 1.8pp | 17.8pp |
| Net Margin | 34.1% | 39.5% | 13.4% | -5.5pp | 20.7pp |
| EPS (Diluted) | $0.44 | $0.47 | $0.12 | -6.4% | 266.7% |
| Free Cash Flow | $128M | $29M | $35M | 334.9% | 262.7% |
| Item | Amount |
|---|---|
| REVENUE | $212M |
| Cost of Revenue | $110M |
| GROSS PROFIT | $102M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $114M |
| OPERATING INCOME | $98M |
| Interest Income | $99.0K |
| Interest Expense | $12M |
| Other Income/Expenses | -$26M |
| INCOME BEFORE TAX | $72M |
| Income Tax Expense | $426.0K |
| Net Income from Continuing Ops | $72M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $206.0K |
| NET INCOME | $72M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $72M |
| D&A | $30M |
| EBIT | $85M |
| EBITDA | $115M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $212M |
| Cost of Revenue | $110M |
| GROSS PROFIT | $102M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $114M |
| OPERATING INCOME | $98M |
| Interest Income | $99.0K |
| Interest Expense | $12M |
| Other Income/Expenses | -$26M |
| INCOME BEFORE TAX | $72M |
| Income Tax Expense | $426.0K |
| Net Income from Continuing Ops | $72M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $206.0K |
| NET INCOME | $72M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $72M |
| D&A | $30M |
| EBIT | $85M |
| EBITDA | $115M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $72M |
| Depreciation & Amortization | $30M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $14M |
| Change in Working Capital | $13M |
| OPERATING CASH FLOW | $131M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | -$72M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$47M |
| Other Financing Activities | -$1.0K |
| NET CASH FROM FINANCING | -$119M |
| FREE CASH FLOW | $128M |
| Net Change in Cash | $8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $76M |
| Short-Term Investments | $0 |
| Net Receivables | $86M |
| Inventory | $36M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $207M |
| PP&E (Net) | $1.6B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $5M |
| Tax Assets | $0 |
| Other Non-Current Assets | $10M |
| TOTAL NON-CURRENT ASSETS | $1.6B |
| TOTAL ASSETS | $1.8B |
| Account Payables | $20M |
| Short-Term Debt | $111M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$1 |
| TOTAL CURRENT LIABILITIES | $131M |
| Long-Term Debt | $698M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$999 |
| TOTAL NON-CURRENT LIABILITIES | $700M |
| TOTAL LIABILITIES | $831M |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | -$215M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $1 |
| TOTAL STOCKHOLDERS' EQUITY | $959M |
| Minority Interest | $4.0K |
| TOTAL EQUITY | $959M |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $812M |
| Net Debt | $736M |
