| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.5B | $6.1B | $6.9B | 6.1% | -6.7% |
| Op. Income | $196M | -$32M | $99M | 712.5% | 97.1% |
| Gross Margin | 6.7% | 3.1% | 5.2% | 3.6pp | 1.5pp |
| Net Margin | 1.7% | -1.9% | -0.7% | 3.6pp | 2.4pp |
| EPS (Diluted) | $0.22 | $-0.23 | $-0.09 | 195.7% | 344.4% |
| Free Cash Flow | -$155M | -$1.1B | -$850M | 85.9% | 81.8% |
| Item | Amount |
|---|---|
| REVENUE | $6.5B |
| Cost of Revenue | $6.0B |
| GROSS PROFIT | $430M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $218M |
| Other Expenses | $16M |
| Operating Expenses | $234M |
| Cost & Expenses | $6.3B |
| OPERATING INCOME | $196M |
| Interest Income | $5M |
| Interest Expense | $36M |
| Other Income/Expenses | -$51M |
| INCOME BEFORE TAX | $145M |
| Income Tax Expense | $34M |
| Net Income from Continuing Ops | $111M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $111M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $111M |
| D&A | $169M |
| EBIT | $196M |
| EBITDA | $365M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $6.5B |
| Cost of Revenue | $6.0B |
| GROSS PROFIT | $430M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $218M |
| Other Expenses | $16M |
| Operating Expenses | $234M |
| Cost & Expenses | $6.3B |
| OPERATING INCOME | $196M |
| Interest Income | $5M |
| Interest Expense | $36M |
| Other Income/Expenses | -$51M |
| INCOME BEFORE TAX | $145M |
| Income Tax Expense | $34M |
| Net Income from Continuing Ops | $111M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $111M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $111M |
| D&A | $169M |
| EBIT | $196M |
| EBITDA | $365M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $111M |
| Depreciation & Amortization | $169M |
| Stock-Based Compensation | $19M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$19M |
| Change in Working Capital | -$331M |
| OPERATING CASH FLOW | -$51M |
| Capital Expenditure | -$104M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $721M |
| NET CASH FROM INVESTING | $617M |
| Net Debt Issuance | -$207M |
| Common Stock Repurchased | -$61M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$326M |
| NET CASH FROM FINANCING | -$594M |
| FREE CASH FLOW | -$155M |
| Net Change in Cash | -$27M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.8B |
| Short-Term Investments | $0 |
| Net Receivables | $3.2B |
| Inventory | $3.7B |
| Other Current Assets | $684M |
| TOTAL CURRENT ASSETS | $9.4B |
| PP&E (Net) | $2.8B |
| Goodwill | $1.1B |
| Intangible Assets | $280M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $604M |
| TOTAL NON-CURRENT ASSETS | $4.8B |
| TOTAL ASSETS | $14.1B |
| Account Payables | $5.4B |
| Short-Term Debt | $89M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.6B |
| TOTAL CURRENT LIABILITIES | $7.6B |
| Long-Term Debt | $2.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $444M |
| TOTAL NON-CURRENT LIABILITIES | $3.7B |
| TOTAL LIABILITIES | $11.2B |
| Common Stock | $6.4B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$3.0B |
| Treasury Stock | -$388M |
| Accum. Other Comp. Income | -$167M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.9B |
| TOTAL LIABILITIES & EQUITY | $14.1B |
| Total Debt | $3.3B |
| Net Debt | $1.5B |
