| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $624M | $769M | $658M | -18.9% | -5.3% |
| Op. Income | $31M | $37M | $6M | -16.8% | 438.5% |
| Gross Margin | 13.8% | 11.9% | 8.2% | 1.8pp | 5.6pp |
| Net Margin | 2.2% | 1.0% | 0.4% | 1.2pp | 1.8pp |
| EPS (Diluted) | $0.41 | $0.23 | $0.08 | 78.3% | 392.2% |
| Free Cash Flow | -$74M | -$89M | -$121M | 17.3% | 39.0% |
| Item | Amount |
|---|---|
| REVENUE | $624M |
| Cost of Revenue | $538M |
| GROSS PROFIT | $86M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $55M |
| SG&A Expenses | $55M |
| Other Expenses | $0 |
| Operating Expenses | $55M |
| Cost & Expenses | $592M |
| OPERATING INCOME | $31M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $30M |
| EBIT | $36M |
| EBITDA | $66M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $624M |
| Cost of Revenue | $538M |
| GROSS PROFIT | $86M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $55M |
| SG&A Expenses | $55M |
| Other Expenses | $0 |
| Operating Expenses | $55M |
| Cost & Expenses | $592M |
| OPERATING INCOME | $31M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $30M |
| EBIT | $36M |
| EBITDA | $66M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $14M |
| Depreciation & Amortization | $30M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$199.0K |
| Other Non-Cash Items | $20M |
| Change in Working Capital | -$119M |
| OPERATING CASH FLOW | -$56M |
| Capital Expenditure | -$18M |
| Acquisitions (Net) | $14M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $476.0K |
| Common Stock Repurchased | -$25.0K |
| Common Dividends Paid | -$17M |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$21M |
| FREE CASH FLOW | -$74M |
| Net Change in Cash | -$84M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $170M |
| Short-Term Investments | $0 |
| Net Receivables | $326M |
| Inventory | $709M |
| Other Current Assets | -$7M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $1.4B |
| Goodwill | $130M |
| Intangible Assets | $68M |
| Long-Term Investments | $111M |
| Tax Assets | $0 |
| Other Non-Current Assets | $27M |
| TOTAL NON-CURRENT ASSETS | $1.7B |
| TOTAL ASSETS | $2.9B |
| Account Payables | $220M |
| Short-Term Debt | $37M |
| Deferred Revenue | $71M |
| Other Current Liabilities | -$107M |
| TOTAL CURRENT LIABILITIES | $501M |
| Long-Term Debt | $812M |
| Deferred Revenue NC | $71M |
| Deferred Tax Liabilities | $9M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $928M |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $0 |
| Additional Paid-In Capital | $459M |
| Retained Earnings | $876M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$48M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $232M |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $2.9B |
| Total Debt | $921M |
| Net Debt | $751M |
