| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $831M | $1.2B | $854M | -29.5% | -2.7% |
| Op. Income | $22M | $319M | $136M | -93.1% | -83.9% |
| Gross Margin | 29.2% | 46.1% | 41.3% | -16.9pp | -12.1pp |
| Net Margin | -0.5% | 17.6% | 6.9% | -18.1pp | -7.5pp |
| EPS (Diluted) | $-0.02 | $0.79 | $0.17 | -102.2% | -110.2% |
| Free Cash Flow | -$139M | -$130M | -$260M | -6.7% | 46.6% |
| Item | Amount |
|---|---|
| REVENUE | $831M |
| Cost of Revenue | $588M |
| GROSS PROFIT | $243M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4M |
| Other Expenses | $217M |
| Operating Expenses | $221M |
| Cost & Expenses | $809M |
| OPERATING INCOME | $22M |
| Interest Income | $0 |
| Interest Expense | $112M |
| Other Income/Expenses | -$67M |
| INCOME BEFORE TAX | -$45M |
| Income Tax Expense | -$40M |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$12M |
| D&A | $164M |
| EBIT | $18M |
| EBITDA | $182M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $164M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$41M |
| Other Non-Cash Items | $133M |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | $243M |
| Capital Expenditure | -$381M |
| Acquisitions (Net) | $1M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | -$376M |
| Net Debt Issuance | -$26M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$80M |
| Other Financing Activities | $141M |
| NET CASH FROM FINANCING | $91M |
| FREE CASH FLOW | -$139M |
| Net Change in Cash | -$45M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $127M |
| Short-Term Investments | $0 |
| Net Receivables | $583M |
| Inventory | $347M |
| Other Current Assets | $433M |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $14.4B |
| Goodwill | $4.1B |
| Intangible Assets | $0 |
| Long-Term Investments | $995M |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.9B |
| TOTAL NON-CURRENT ASSETS | $21.4B |
| TOTAL ASSETS | $22.9B |
| Account Payables | $775M |
| Short-Term Debt | $984M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $586M |
| TOTAL CURRENT LIABILITIES | $2.3B |
| Long-Term Debt | $10.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3.5B |
| TOTAL NON-CURRENT LIABILITIES | $13.7B |
| TOTAL LIABILITIES | $16.0B |
| Common Stock | $5.1B |
| Additional Paid-In Capital | $58M |
| Retained Earnings | $1.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$191M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.9B |
| Minority Interest | $25M |
| TOTAL EQUITY | $6.9B |
| TOTAL LIABILITIES & EQUITY | $22.9B |
| Total Debt | $11.2B |
| Net Debt | $11.0B |
