| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $563M | $860M | $834M | -34.5% | -32.5% |
| Op. Income | -$53M | $41M | -$397M | -229.4% | 86.6% |
| Gross Margin | 8.0% | 14.8% | 17.9% | -6.7pp | -9.8pp |
| Net Margin | -8.7% | 3.6% | 5.6% | -12.3pp | -14.3pp |
| EPS (Diluted) | $-1.20 | $0.81 | $1.22 | -248.1% | -198.4% |
| Free Cash Flow | -$15M | $65M | $23M | -123.6% | -168.0% |
| Item | Amount |
|---|---|
| REVENUE | $563M |
| Cost of Revenue | $518M |
| GROSS PROFIT | $45M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $40M |
| SG&A Expenses | $40M |
| Other Expenses | $58M |
| Operating Expenses | $99M |
| Cost & Expenses | $616M |
| OPERATING INCOME | -$53M |
| Interest Income | $0 |
| Interest Expense | $15M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | -$68M |
| Income Tax Expense | -$19M |
| Net Income from Continuing Ops | -$49M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$49M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$49M |
| D&A | $41M |
| EBIT | -$53M |
| EBITDA | -$11M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$49M |
| Depreciation & Amortization | $41M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$500.0K |
| OPERATING CASH FLOW | $7M |
| Capital Expenditure | -$23M |
| Acquisitions (Net) | $200.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$21M |
| Net Debt Issuance | -$235M |
| Common Stock Repurchased | -$100.0K |
| Common Dividends Paid | -$14M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$110M |
| FREE CASH FLOW | -$15M |
| Net Change in Cash | -$123M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $44M |
| Short-Term Investments | $0 |
| Net Receivables | $88M |
| Inventory | $79M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $224M |
| PP&E (Net) | $1.9B |
| Goodwill | $188M |
| Intangible Assets | $23M |
| Long-Term Investments | $0 |
| Tax Assets | $38M |
| Other Non-Current Assets | $23M |
| TOTAL NON-CURRENT ASSETS | $2.1B |
| TOTAL ASSETS | $2.4B |
| Account Payables | $105M |
| Short-Term Debt | $0 |
| Deferred Revenue | $110M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $498M |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $13M |
| Other Non-Current Liabilities | $54M |
| TOTAL NON-CURRENT LIABILITIES | $2.3B |
| TOTAL LIABILITIES | $2.8B |
| Common Stock | $7M |
| Additional Paid-In Capital | $669M |
| Retained Earnings | -$398M |
| Treasury Stock | -$752M |
| Accum. Other Comp. Income | -$6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$479M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$479M |
| TOTAL LIABILITIES & EQUITY | $2.4B |
| Total Debt | $2.4B |
| Net Debt | $2.4B |
