| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $387M | $453M | $457M | -14.5% | -15.3% |
| Op. Income | $40M | $55M | $56M | -27.7% | -28.8% |
| Gross Margin | 42.0% | 43.6% | 42.3% | -1.6pp | -0.3pp |
| Net Margin | 0.3% | 1.9% | 0.3% | -1.6pp | -0.0pp |
| EPS (Diluted) | $0.01 | $0.03 | $0.01 | -66.7% | 0.0% |
| Free Cash Flow | $59M | $36M | $13M | 63.9% | 347.0% |
| Item | Amount |
|---|---|
| REVENUE | $387M |
| Cost of Revenue | $225M |
| GROSS PROFIT | $163M |
| R&D Expenses | $10M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $113M |
| Other Expenses | $0 |
| Operating Expenses | $123M |
| Cost & Expenses | $348M |
| OPERATING INCOME | $40M |
| Interest Income | $0 |
| Interest Expense | $17M |
| Other Income/Expenses | -$31M |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | -$1M |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $39M |
| EBIT | $40M |
| EBITDA | $79M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $387M |
| Cost of Revenue | $225M |
| GROSS PROFIT | $163M |
| R&D Expenses | $10M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $113M |
| Other Expenses | $0 |
| Operating Expenses | $123M |
| Cost & Expenses | $348M |
| OPERATING INCOME | $40M |
| Interest Income | $0 |
| Interest Expense | $17M |
| Other Income/Expenses | -$31M |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | -$1M |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $39M |
| EBIT | $40M |
| EBITDA | $79M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $39M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$5M |
| Change in Working Capital | $27M |
| OPERATING CASH FLOW | $64M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | -$322M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $200.0K |
| NET CASH FROM FINANCING | -$322M |
| FREE CASH FLOW | $59M |
| Net Change in Cash | -$260M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $237M |
| Short-Term Investments | $0 |
| Net Receivables | $310M |
| Inventory | $211M |
| Other Current Assets | $59M |
| TOTAL CURRENT ASSETS | $839M |
| PP&E (Net) | $254M |
| Goodwill | $2.1B |
| Intangible Assets | $869M |
| Long-Term Investments | -$118M |
| Tax Assets | $118M |
| Other Non-Current Assets | $123M |
| TOTAL NON-CURRENT ASSETS | $3.4B |
| TOTAL ASSETS | $4.2B |
| Account Payables | $80M |
| Short-Term Debt | $8M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $158M |
| TOTAL CURRENT LIABILITIES | $246M |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $118M |
| Other Non-Current Liabilities | $189M |
| TOTAL NON-CURRENT LIABILITIES | $1.8B |
| TOTAL LIABILITIES | $2.1B |
| Common Stock | $3M |
| Additional Paid-In Capital | $4.1B |
| Retained Earnings | -$1.5B |
| Treasury Stock | -$114M |
| Accum. Other Comp. Income | -$324M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.2B |
| Minority Interest | -$2M |
| TOTAL EQUITY | $2.2B |
| TOTAL LIABILITIES & EQUITY | $4.2B |
| Total Debt | $1.5B |
| Net Debt | $1.3B |
