| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | $2.6B | $1.9B | -48.9% | -30.6% |
| Op. Income | -$186M | $99M | $76M | -288.2% | -344.7% |
| Gross Margin | 16.5% | 28.1% | 29.4% | -11.6pp | -12.9pp |
| Net Margin | -10.8% | 2.7% | 3.0% | -13.4pp | -13.8pp |
| EPS (Diluted) | $-1.71 | $0.81 | $0.61 | -311.1% | -380.3% |
| Free Cash Flow | -$274M | $566M | -$269M | -148.5% | -2.0% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $219M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $403M |
| Other Expenses | $2M |
| Operating Expenses | $406M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | -$186M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$22M |
| INCOME BEFORE TAX | -$208M |
| Income Tax Expense | -$64M |
| Net Income from Continuing Ops | -$143M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$143M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$143M |
| D&A | $86M |
| EBIT | -$200M |
| EBITDA | -$114M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$143M |
| Depreciation & Amortization | $86M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | $71M |
| Change in Working Capital | -$233M |
| OPERATING CASH FLOW | -$215M |
| Capital Expenditure | -$60M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$60M |
| Net Debt Issuance | $1.6B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$28M |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | $1.7B |
| FREE CASH FLOW | -$274M |
| Net Change in Cash | $1.4B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.5B |
| Short-Term Investments | $0 |
| Net Receivables | $157M |
| Inventory | $2.1B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.8B |
| PP&E (Net) | $3.6B |
| Goodwill | $246M |
| Intangible Assets | $94M |
| Long-Term Investments | $0 |
| Tax Assets | $14M |
| Other Non-Current Assets | $128M |
| TOTAL NON-CURRENT ASSETS | $4.1B |
| TOTAL ASSETS | $8.0B |
| Account Payables | $845M |
| Short-Term Debt | $0 |
| Deferred Revenue | $217M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.9B |
| Long-Term Debt | $1.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $134M |
| TOTAL NON-CURRENT LIABILITIES | $4.4B |
| TOTAL LIABILITIES | $6.3B |
| Common Stock | $841.0K |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | $2.5B |
| Treasury Stock | -$2.2B |
| Accum. Other Comp. Income | -$183.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $8.0B |
| Total Debt | $4.8B |
| Net Debt | $3.3B |
