| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.4B | $733M | -22.6% | 50.9% |
| Op. Income | -$23M | $190M | $36M | -112.2% | -164.5% |
| Gross Margin | 66.0% | 48.7% | 56.3% | 17.3pp | 9.7pp |
| Net Margin | -6.3% | 18.7% | 3.6% | -25.0pp | -10.0pp |
| EPS (Diluted) | $-0.51 | $2.01 | $0.21 | -125.4% | -342.9% |
| Free Cash Flow | $261M | $221M | $239M | 18.2% | 9.0% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $376M |
| GROSS PROFIT | $730M |
| R&D Expenses | $54M |
| Selling & Marketing | $102M |
| General & Administrative | $279M |
| SG&A Expenses | $381M |
| Other Expenses | $319M |
| Operating Expenses | $753M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | -$23M |
| Interest Income | $5M |
| Interest Expense | $55M |
| Other Income/Expenses | -$49M |
| INCOME BEFORE TAX | -$72M |
| Income Tax Expense | -$4M |
| Net Income from Continuing Ops | -$68M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$70M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$70M |
| D&A | $193M |
| EBIT | -$17M |
| EBITDA | $176M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$70M |
| Depreciation & Amortization | $193M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $62M |
| Change in Working Capital | $110M |
| OPERATING CASH FLOW | $292M |
| Capital Expenditure | -$31M |
| Acquisitions (Net) | -$4.4B |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | -$4.4B |
| Net Debt Issuance | $966M |
| Common Stock Repurchased | -$47M |
| Common Dividends Paid | -$93M |
| Other Financing Activities | -$8M |
| NET CASH FROM FINANCING | $819M |
| FREE CASH FLOW | $261M |
| Net Change in Cash | -$3.3B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $0 |
| Net Receivables | $964M |
| Inventory | $444M |
| Other Current Assets | $86M |
| TOTAL CURRENT ASSETS | $3.3B |
| PP&E (Net) | $456M |
| Goodwill | $3.6B |
| Intangible Assets | $1.6B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.5B |
| TOTAL NON-CURRENT ASSETS | $7.1B |
| TOTAL ASSETS | $10.4B |
| Account Payables | $308M |
| Short-Term Debt | $74M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.7B |
| Long-Term Debt | $5.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $739M |
| TOTAL NON-CURRENT LIABILITIES | $5.9B |
| TOTAL LIABILITIES | $7.6B |
| Common Stock | $110M |
| Additional Paid-In Capital | $2.3B |
| Retained Earnings | $4.2B |
| Treasury Stock | -$3.6B |
| Accum. Other Comp. Income | -$295M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.7B |
| Minority Interest | $61M |
| TOTAL EQUITY | $2.8B |
| TOTAL LIABILITIES & EQUITY | $10.4B |
| Total Debt | $5.2B |
| Net Debt | $4.1B |
