| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $287M | $379M | $573M | -24.2% | -49.9% |
| Op. Income | -$38M | $6M | $110M | -687.5% | -134.2% |
| Gross Margin | 4.7% | 14.5% | 27.6% | -9.8pp | -22.9pp |
| Net Margin | 3.4% | -0.3% | 14.0% | 3.6pp | -10.6pp |
| EPS (Diluted) | $0.12 | $-0.01 | $0.93 | 1108.4% | -87.1% |
| Free Cash Flow | $76M | $52M | $57M | 46.7% | 34.0% |
| Item | Amount |
|---|---|
| REVENUE | $287M |
| Cost of Revenue | $273M |
| GROSS PROFIT | $14M |
| R&D Expenses | $11M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $25M |
| Other Expenses | $16M |
| Operating Expenses | $51M |
| Cost & Expenses | $325M |
| OPERATING INCOME | -$38M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | -$47M |
| Income Tax Expense | -$57M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $100.0K |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $36M |
| EBIT | -$38M |
| EBITDA | -$2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $10M |
| Depreciation & Amortization | $36M |
| Stock-Based Compensation | $300.0K |
| Deferred Income Tax | -$46M |
| Other Non-Cash Items | $6M |
| Change in Working Capital | $78M |
| OPERATING CASH FLOW | $83M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | -$266M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$268M |
| FREE CASH FLOW | $76M |
| Net Change in Cash | -$189M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $68M |
| Short-Term Investments | $0 |
| Net Receivables | $199M |
| Inventory | $263M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $576M |
| PP&E (Net) | $1.9B |
| Goodwill | $191M |
| Intangible Assets | $86M |
| Long-Term Investments | $46M |
| Tax Assets | $0 |
| Other Non-Current Assets | $197M |
| TOTAL NON-CURRENT ASSETS | $2.4B |
| TOTAL ASSETS | $3.0B |
| Account Payables | $61M |
| Short-Term Debt | $500.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $65M |
| TOTAL CURRENT LIABILITIES | $176M |
| Long-Term Debt | $997M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $299M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $1.5B |
| Common Stock | $1M |
| Additional Paid-In Capital | $845M |
| Retained Earnings | $2.0B |
| Treasury Stock | -$1.3B |
| Accum. Other Comp. Income | -$85M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $3.0B |
| Total Debt | $999M |
| Net Debt | $931M |
