| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $296M | $287M | $564M | 3.1% | -47.6% |
| Op. Income | -$20M | -$38M | $97M | 45.7% | -120.9% |
| Gross Margin | 10.3% | 4.7% | 26.0% | 5.6pp | -15.7pp |
| Net Margin | -6.6% | 3.4% | 13.0% | -9.9pp | -19.5pp |
| EPS (Diluted) | $-0.23 | $0.12 | $0.86 | -291.7% | -126.7% |
| Free Cash Flow | $105M | $76M | $172M | 37.5% | -39.4% |
| Item | Amount |
|---|---|
| REVENUE | $296M |
| Cost of Revenue | $265M |
| GROSS PROFIT | $30M |
| R&D Expenses | $11M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $26M |
| Other Expenses | $14M |
| Operating Expenses | $51M |
| Cost & Expenses | $316M |
| OPERATING INCOME | -$20M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | -$32M |
| Income Tax Expense | -$12M |
| 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 | $35M |
| EBIT | -$20M |
| EBITDA | $15M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$19M |
| Depreciation & Amortization | $35M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | $12M |
| Change in Working Capital | $83M |
| OPERATING CASH FLOW | $107M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | -$74M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$72M |
| FREE CASH FLOW | $105M |
| Net Change in Cash | $35M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $103M |
| Short-Term Investments | $0 |
| Net Receivables | $169M |
| Inventory | $214M |
| Other Current Assets | $25M |
| TOTAL CURRENT ASSETS | $536M |
| PP&E (Net) | $1.9B |
| Goodwill | $193M |
| Intangible Assets | $85M |
| Long-Term Investments | $45M |
| Tax Assets | $153M |
| Other Non-Current Assets | $32M |
| TOTAL NON-CURRENT ASSETS | $2.4B |
| TOTAL ASSETS | $2.9B |
| Account Payables | $70M |
| Short-Term Debt | $13M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $183M |
| Long-Term Debt | $924M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $153M |
| Other Non-Current Liabilities | $100M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $1M |
| Additional Paid-In Capital | $850M |
| Retained Earnings | $2.0B |
| Treasury Stock | -$1.3B |
| Accum. Other Comp. Income | -$60M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $2.9B |
| Total Debt | $986M |
| Net Debt | $883M |
