| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.0B | $2.3B | $2.2B | -10.4% | -7.4% |
| Op. Income | $50M | $209M | $170M | -76.1% | -70.6% |
| Gross Margin | 13.0% | 18.7% | 16.2% | -5.7pp | -3.2pp |
| Net Margin | 2.6% | 7.6% | 5.9% | -5.0pp | -3.2pp |
| EPS (Diluted) | $1.30 | $4.23 | $3.07 | -69.3% | -57.7% |
| Free Cash Flow | $122M | -$3M | -$168M | 4166.7% | 172.6% |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $264M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $214M |
| SG&A Expenses | $214M |
| Other Expenses | $0 |
| Operating Expenses | $214M |
| Cost & Expenses | $2.0B |
| OPERATING INCOME | $50M |
| Interest Income | $0 |
| Interest Expense | $25M |
| Other Income/Expenses | $15M |
| INCOME BEFORE TAX | $65M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $53M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $53M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $53M |
| D&A | $60M |
| EBIT | $90M |
| EBITDA | $150M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $264M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $214M |
| SG&A Expenses | $214M |
| Other Expenses | $0 |
| Operating Expenses | $214M |
| Cost & Expenses | $2.0B |
| OPERATING INCOME | $50M |
| Interest Income | $0 |
| Interest Expense | $25M |
| Other Income/Expenses | $15M |
| INCOME BEFORE TAX | $65M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $53M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $53M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $53M |
| D&A | $60M |
| EBIT | $90M |
| EBITDA | $150M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $53M |
| Depreciation & Amortization | $60M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | $82M |
| OPERATING CASH FLOW | $201M |
| Capital Expenditure | -$79M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | -$75M |
| Net Debt Issuance | $519M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$42M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $477M |
| FREE CASH FLOW | $122M |
| Net Change in Cash | $603M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $631M |
| Short-Term Investments | $0 |
| Net Receivables | $1.7B |
| Inventory | $160M |
| Other Current Assets | $173M |
| TOTAL CURRENT ASSETS | $2.7B |
| PP&E (Net) | $3.1B |
| Goodwill | $1.6B |
| Intangible Assets | $542M |
| Long-Term Investments | $0 |
| Tax Assets | $78M |
| Other Non-Current Assets | $245M |
| TOTAL NON-CURRENT ASSETS | $5.5B |
| TOTAL ASSETS | $8.2B |
| Account Payables | $437M |
| Short-Term Debt | $0 |
| Deferred Revenue | $573M |
| Other Current Liabilities | $1.1B |
| TOTAL CURRENT LIABILITIES | $2.1B |
| Long-Term Debt | $2.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2.0B |
| TOTAL NON-CURRENT LIABILITIES | $4.4B |
| TOTAL LIABILITIES | $6.6B |
| Common Stock | $1M |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | $3.1B |
| Treasury Stock | -$2.1B |
| Accum. Other Comp. Income | -$1.4B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $8.2B |
| Total Debt | $2.4B |
| Net Debt | $1.8B |
