| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $850M | $854M | — | -0.5% | — |
| Op. Income | $126M | $136M | — | -7.0% | — |
| Gross Margin | 40.5% | 41.3% | — | -0.8pp | — |
| Net Margin | 7.2% | 6.9% | — | 0.3pp | — |
| EPS (Diluted) | $0.25 | $0.17 | — | 47.8% | — |
| Free Cash Flow | -$83M | -$260M | — | 68.3% | — |
| Item | Amount |
|---|---|
| REVENUE | $850M |
| Cost of Revenue | $506M |
| GROSS PROFIT | $344M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3M |
| Other Expenses | $215M |
| Operating Expenses | $218M |
| Cost & Expenses | $723M |
| OPERATING INCOME | $126M |
| Interest Income | $0 |
| Interest Expense | $119M |
| Other Income/Expenses | -$80M |
| INCOME BEFORE TAX | $46M |
| Income Tax Expense | -$15M |
| Net Income from Continuing Ops | $61M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $61M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $61M |
| D&A | $162M |
| EBIT | $124M |
| EBITDA | $285M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $850M |
| Cost of Revenue | $506M |
| GROSS PROFIT | $344M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3M |
| Other Expenses | $215M |
| Operating Expenses | $218M |
| Cost & Expenses | $723M |
| OPERATING INCOME | $126M |
| Interest Income | $0 |
| Interest Expense | $119M |
| Other Income/Expenses | -$80M |
| INCOME BEFORE TAX | $46M |
| Income Tax Expense | -$15M |
| Net Income from Continuing Ops | $61M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $61M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $61M |
| D&A | $162M |
| EBIT | $124M |
| EBITDA | $285M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $61M |
| Depreciation & Amortization | $162M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$12M |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | $156M |
| OPERATING CASH FLOW | $365M |
| Capital Expenditure | -$447M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$449M |
| Net Debt Issuance | $127M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$76M |
| Other Financing Activities | -$730.8K |
| NET CASH FROM FINANCING | $86M |
| FREE CASH FLOW | -$83M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $209M |
| Short-Term Investments | $0 |
| Net Receivables | $550M |
| Inventory | $347M |
| Other Current Assets | $525M |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $14.4B |
| Goodwill | $4.4B |
| Intangible Assets | $0 |
| Long-Term Investments | $989M |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.8B |
| TOTAL NON-CURRENT ASSETS | $21.6B |
| TOTAL ASSETS | $23.3B |
| Account Payables | $799M |
| Short-Term Debt | $1.6B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $691M |
| TOTAL CURRENT LIABILITIES | $3.1B |
| Long-Term Debt | $9.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3.6B |
| TOTAL NON-CURRENT LIABILITIES | $13.4B |
| TOTAL LIABILITIES | $16.5B |
| Common Stock | $4.8B |
| Additional Paid-In Capital | $57M |
| Retained Earnings | $1.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $192M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.8B |
| Minority Interest | $26M |
| TOTAL EQUITY | $6.8B |
| TOTAL LIABILITIES & EQUITY | $23.3B |
| Total Debt | $11.4B |
| Net Debt | $11.2B |
