| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.0B | $942M | $1.4B | 6.7% | -30.2% |
| Op. Income | -$63M | -$86M | -$46M | 26.4% | -38.2% |
| Gross Margin | 27.5% | 26.8% | 30.7% | 0.7pp | -3.2pp |
| Net Margin | -1.9% | -11.8% | -5.8% | 9.9pp | 3.9pp |
| EPS (Diluted) | $-0.07 | $-0.43 | $-0.25 | 83.2% | 71.2% |
| Free Cash Flow | -$200M | $182M | -$28M | -209.8% | -605.7% |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $728M |
| GROSS PROFIT | $276M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $360M |
| Other Expenses | -$21M |
| Operating Expenses | $339M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | -$63M |
| Interest Income | $300.0K |
| Interest Expense | $10M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | -$73M |
| Income Tax Expense | -$54M |
| Net Income from Continuing Ops | -$19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$19M |
| D&A | $19M |
| EBIT | -$63M |
| EBITDA | -$43M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$19M |
| Depreciation & Amortization | $19M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$18M |
| Change in Working Capital | -$169M |
| OPERATING CASH FLOW | -$185M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | $44M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | $27M |
| Net Debt Issuance | $14M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $14M |
| FREE CASH FLOW | -$200M |
| Net Change in Cash | -$156M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $446M |
| Short-Term Investments | $0 |
| Net Receivables | $78M |
| Inventory | $861M |
| Other Current Assets | $141M |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $860M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $29M |
| Other Non-Current Assets | $61M |
| TOTAL NON-CURRENT ASSETS | $950M |
| TOTAL ASSETS | $2.6B |
| Account Payables | $440M |
| Short-Term Debt | $270M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.6B |
| Long-Term Debt | $216M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $20M |
| TOTAL NON-CURRENT LIABILITIES | $693M |
| TOTAL LIABILITIES | $2.3B |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $5M |
| Retained Earnings | $394M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$67M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $332M |
| Minority Interest | $0 |
| TOTAL EQUITY | $332M |
| TOTAL LIABILITIES & EQUITY | $2.6B |
| Total Debt | $1.2B |
| Net Debt | $709M |
