| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.1B | $6.2B | $6.7B | -1.4% | -8.6% |
| Op. Income | -$32M | $126M | $155M | -125.4% | -120.6% |
| Gross Margin | 3.1% | 5.7% | 6.0% | -2.6pp | -2.9pp |
| Net Margin | -1.9% | 0.7% | 1.3% | -2.6pp | -3.2pp |
| EPS (Diluted) | $-0.23 | $0.09 | $0.16 | -363.5% | -243.8% |
| Free Cash Flow | -$1.1B | -$819M | -$1.2B | -34.4% | 10.3% |
| Item | Amount |
|---|---|
| REVENUE | $6.1B |
| Cost of Revenue | $5.9B |
| GROSS PROFIT | $189M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $205M |
| Other Expenses | $16M |
| Operating Expenses | $221M |
| Cost & Expenses | $6.1B |
| OPERATING INCOME | -$32M |
| Interest Income | $5M |
| Interest Expense | $38M |
| Other Income/Expenses | -$64M |
| INCOME BEFORE TAX | -$96M |
| Income Tax Expense | $21M |
| Net Income from Continuing Ops | -$117M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$117M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$117M |
| D&A | $167M |
| EBIT | -$58M |
| EBITDA | $109M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$117M |
| Depreciation & Amortization | $167M |
| Stock-Based Compensation | $19M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$19M |
| Change in Working Capital | -$1.0B |
| OPERATING CASH FLOW | -$991M |
| Capital Expenditure | -$110M |
| Acquisitions (Net) | $17M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $961M |
| NET CASH FROM INVESTING | $869M |
| Net Debt Issuance | -$254M |
| Common Stock Repurchased | -$60M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $340M |
| NET CASH FROM FINANCING | $26M |
| FREE CASH FLOW | -$1.1B |
| Net Change in Cash | -$104M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.8B |
| Short-Term Investments | $0 |
| Net Receivables | $2.6B |
| Inventory | $3.7B |
| Other Current Assets | $1.3B |
| TOTAL CURRENT ASSETS | $9.5B |
| PP&E (Net) | $2.8B |
| Goodwill | $1.1B |
| Intangible Assets | $292M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $624M |
| TOTAL NON-CURRENT ASSETS | $4.8B |
| TOTAL ASSETS | $14.3B |
| Account Payables | $5.2B |
| Short-Term Debt | $32M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.9B |
| TOTAL CURRENT LIABILITIES | $7.6B |
| Long-Term Debt | $3.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $443M |
| TOTAL NON-CURRENT LIABILITIES | $3.9B |
| TOTAL LIABILITIES | $11.5B |
| Common Stock | $6.4B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$3.1B |
| Treasury Stock | -$388M |
| Accum. Other Comp. Income | -$190M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.8B |
| TOTAL LIABILITIES & EQUITY | $14.3B |
| Total Debt | $3.5B |
| Net Debt | $1.7B |
