| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $850M | — | 32.2% | — |
| Op. Income | $284M | $126M | — | 124.9% | — |
| Gross Margin | 45.0% | 40.5% | — | 4.5pp | — |
| Net Margin | 18.5% | 7.2% | — | 11.3pp | — |
| EPS (Diluted) | $0.82 | $0.25 | — | 229.4% | — |
| Free Cash Flow | -$213M | -$83M | — | -157.5% | — |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $618M |
| GROSS PROFIT | $505M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $6M |
| Other Expenses | $215M |
| Operating Expenses | $221M |
| Cost & Expenses | $839M |
| OPERATING INCOME | $284M |
| Interest Income | $0 |
| Interest Expense | $116M |
| Other Income/Expenses | -$35M |
| INCOME BEFORE TAX | $249M |
| Income Tax Expense | $42M |
| Net Income from Continuing Ops | $208M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $208M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $199M |
| D&A | $162M |
| EBIT | $298M |
| EBITDA | $460M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $618M |
| GROSS PROFIT | $505M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $6M |
| Other Expenses | $215M |
| Operating Expenses | $221M |
| Cost & Expenses | $839M |
| OPERATING INCOME | $284M |
| Interest Income | $0 |
| Interest Expense | $116M |
| Other Income/Expenses | -$35M |
| INCOME BEFORE TAX | $249M |
| Income Tax Expense | $42M |
| Net Income from Continuing Ops | $208M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $208M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $199M |
| D&A | $162M |
| EBIT | $298M |
| EBITDA | $460M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $208M |
| Depreciation & Amortization | $162M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $43M |
| Other Non-Cash Items | -$179M |
| Change in Working Capital | $57M |
| OPERATING CASH FLOW | $290M |
| Capital Expenditure | -$503M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$503M |
| Net Debt Issuance | $171M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$73M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $163M |
| FREE CASH FLOW | -$213M |
| Net Change in Cash | -$59M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $161M |
| Short-Term Investments | $0 |
| Net Receivables | $609M |
| Inventory | $331M |
| Other Current Assets | $454M |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $14.3B |
| Goodwill | $4.2B |
| Intangible Assets | $0 |
| Long-Term Investments | $984M |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.7B |
| TOTAL NON-CURRENT ASSETS | $21.2B |
| TOTAL ASSETS | $22.8B |
| Account Payables | $839M |
| Short-Term Debt | $2.2B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $348M |
| TOTAL CURRENT LIABILITIES | $3.6B |
| Long-Term Debt | $9.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3.5B |
| TOTAL NON-CURRENT LIABILITIES | $12.5B |
| TOTAL LIABILITIES | $16.1B |
| Common Stock | $4.9B |
| Additional Paid-In Capital | $58M |
| Retained Earnings | $1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$58M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.7B |
| Minority Interest | $25M |
| TOTAL EQUITY | $6.8B |
| TOTAL LIABILITIES & EQUITY | $22.8B |
| Total Debt | $11.3B |
| Net Debt | $11.1B |
