| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $581M | $552M | $88M | 5.3% | 557.8% |
| Op. Income | -$33M | -$35M | -$73M | 5.8% | 54.5% |
| Gross Margin | -0.7% | -1.6% | -52.2% | 1.0pp | 51.5pp |
| Net Margin | -8.7% | -6.2% | -51.8% | -2.5pp | 43.1pp |
| EPS (Diluted) | $-0.29 | $-0.21 | $-0.55 | -38.1% | 47.3% |
| Free Cash Flow | -$34M | $2M | $71M | -1690.3% | -148.3% |
| Item | Amount |
|---|---|
| REVENUE | $581M |
| Cost of Revenue | $585M |
| GROSS PROFIT | -$4M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $29M |
| Other Expenses | $0 |
| Operating Expenses | $29M |
| Cost & Expenses | $615M |
| OPERATING INCOME | -$33M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$36M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | -$52M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$51M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$51M |
| D&A | $63M |
| EBIT | -$33M |
| EBITDA | $31M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$51M |
| Depreciation & Amortization | $64M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $16M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$23M |
| OPERATING CASH FLOW | $8M |
| Capital Expenditure | -$43M |
| Acquisitions (Net) | $392.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$42M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$168.0K |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | -$34M |
| Net Change in Cash | -$39M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $31M |
| Short-Term Investments | $0 |
| Net Receivables | $455M |
| Inventory | $120M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $669M |
| PP&E (Net) | $1.2B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $75M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $2.0B |
| Account Payables | $183M |
| Short-Term Debt | $52M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $199M |
| TOTAL CURRENT LIABILITIES | $491M |
| Long-Term Debt | $105M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $764.0K |
| Other Non-Current Liabilities | $53M |
| TOTAL NON-CURRENT LIABILITIES | $255M |
| TOTAL LIABILITIES | $746M |
| Common Stock | $2M |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | -$61M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $13M |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $2.0B |
| Total Debt | $252M |
| Net Debt | $221M |
