| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $515M | $542M | $559M | -5.0% | -7.8% |
| Op. Income | $28M | $52M | $85M | -46.4% | -67.4% |
| Gross Margin | 10.0% | 13.9% | 19.3% | -3.8pp | -9.2pp |
| Net Margin | 2.1% | 4.1% | 6.1% | -1.9pp | -4.0pp |
| EPS (Diluted) | $0.15 | $0.32 | $0.49 | -53.1% | -69.4% |
| Free Cash Flow | $120M | -$16M | $68M | 853.9% | 75.3% |
| Item | Amount |
|---|---|
| REVENUE | $515M |
| Cost of Revenue | $463M |
| GROSS PROFIT | $52M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $24M |
| Other Expenses | $0 |
| Operating Expenses | $24M |
| Cost & Expenses | $487M |
| OPERATING INCOME | $28M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $23M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $42M |
| EBIT | $27M |
| EBITDA | $70M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $515M |
| Cost of Revenue | $463M |
| GROSS PROFIT | $52M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $24M |
| Other Expenses | $0 |
| Operating Expenses | $24M |
| Cost & Expenses | $487M |
| OPERATING INCOME | $28M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $23M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $42M |
| EBIT | $27M |
| EBITDA | $70M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $42M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $13M |
| Change in Working Capital | $78M |
| OPERATING CASH FLOW | $147M |
| Capital Expenditure | -$28M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $197.0K |
| NET CASH FROM INVESTING | -$28M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$4M |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$12M |
| FREE CASH FLOW | $120M |
| Net Change in Cash | $107M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $140M |
| Short-Term Investments | $0 |
| Net Receivables | $246M |
| Inventory | $87M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $496M |
| PP&E (Net) | $754M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $45M |
| TOTAL NON-CURRENT ASSETS | $799M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $91M |
| Short-Term Debt | $37M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $94M |
| TOTAL CURRENT LIABILITIES | $254M |
| Long-Term Debt | $106M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $20M |
| Other Non-Current Liabilities | $40M |
| TOTAL NON-CURRENT LIABILITIES | $238M |
| TOTAL LIABILITIES | $492M |
| Common Stock | $1M |
| Additional Paid-In Capital | $369M |
| Retained Earnings | $159M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $529M |
| Minority Interest | $274M |
| TOTAL EQUITY | $803M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $215M |
| Net Debt | $75M |
