| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $769M | $914M | $605M | -15.9% | 27.2% |
| Op. Income | $37M | $73M | $22M | -48.6% | 70.8% |
| Gross Margin | 11.9% | 14.6% | 12.2% | -2.7pp | -0.3pp |
| Net Margin | 1.0% | 3.8% | 3.0% | -2.8pp | -2.0pp |
| EPS (Diluted) | $0.23 | $1.06 | $0.54 | -78.3% | -57.4% |
| Free Cash Flow | -$89M | $25M | -$124M | -460.6% | 28.2% |
| Item | Amount |
|---|---|
| REVENUE | $769M |
| Cost of Revenue | $677M |
| GROSS PROFIT | $92M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $54M |
| SG&A Expenses | $54M |
| Other Expenses | $0 |
| Operating Expenses | $54M |
| Cost & Expenses | $732M |
| OPERATING INCOME | $37M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $29M |
| EBIT | $39M |
| EBITDA | $69M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $769M |
| Cost of Revenue | $677M |
| GROSS PROFIT | $92M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $54M |
| SG&A Expenses | $54M |
| Other Expenses | $0 |
| Operating Expenses | $54M |
| Cost & Expenses | $732M |
| OPERATING INCOME | $37M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $29M |
| EBIT | $39M |
| EBITDA | $69M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $29M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$7M |
| Other Non-Cash Items | $23M |
| Change in Working Capital | -$119M |
| OPERATING CASH FLOW | -$66M |
| Capital Expenditure | -$23M |
| Acquisitions (Net) | $27M |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $3M |
| Net Debt Issuance | -$7M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$343.0K |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | -$14M |
| FREE CASH FLOW | -$89M |
| Net Change in Cash | -$76M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $254M |
| Short-Term Investments | $0 |
| Net Receivables | $313M |
| Inventory | $734M |
| Other Current Assets | -$3M |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $1.3B |
| Goodwill | $129M |
| Intangible Assets | $71M |
| Long-Term Investments | $116M |
| Tax Assets | $0 |
| Other Non-Current Assets | $23M |
| TOTAL NON-CURRENT ASSETS | $1.6B |
| TOTAL ASSETS | $2.9B |
| Account Payables | $238M |
| Short-Term Debt | $30M |
| Deferred Revenue | $60M |
| Other Current Liabilities | -$98M |
| TOTAL CURRENT LIABILITIES | $519M |
| Long-Term Debt | $818M |
| Deferred Revenue NC | $60M |
| Deferred Tax Liabilities | $9M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $925M |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $0 |
| Additional Paid-In Capital | $455M |
| Retained Earnings | $871M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$44M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $223M |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $2.9B |
| Total Debt | $924M |
| Net Debt | $671M |
