| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $398M | $515M | $473M | -22.7% | -15.9% |
| Op. Income | -$15M | $28M | $36M | -154.7% | -142.2% |
| Gross Margin | 2.3% | 10.0% | 13.0% | -7.7pp | -10.6pp |
| Net Margin | -3.1% | 2.1% | 4.0% | -5.2pp | -7.1pp |
| EPS (Diluted) | $-0.15 | $0.15 | $0.27 | -200.0% | -155.6% |
| Free Cash Flow | -$21M | $120M | $56M | -117.5% | -137.4% |
| Item | Amount |
|---|---|
| REVENUE | $398M |
| Cost of Revenue | $389M |
| GROSS PROFIT | $9M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $24M |
| Other Expenses | $0 |
| Operating Expenses | $24M |
| Cost & Expenses | $413M |
| OPERATING INCOME | -$15M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | -$22M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | -$18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$12M |
| Net Income Deductions | -$17M |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $44M |
| EBIT | -$17M |
| EBITDA | $27M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$12M |
| Depreciation & Amortization | $44M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $14M |
| Other Non-Cash Items | -$532.0K |
| Change in Working Capital | -$30M |
| OPERATING CASH FLOW | $16M |
| Capital Expenditure | -$37M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $285.0K |
| NET CASH FROM INVESTING | -$37M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$4M |
| Other Financing Activities | -$451.0K |
| NET CASH FROM FINANCING | -$7M |
| FREE CASH FLOW | -$21M |
| Net Change in Cash | -$27M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $113M |
| Short-Term Investments | $0 |
| Net Receivables | $253M |
| Inventory | $89M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $489M |
| PP&E (Net) | $760M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $34M |
| TOTAL NON-CURRENT ASSETS | $794M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $118M |
| Short-Term Debt | $40M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $79M |
| TOTAL CURRENT LIABILITIES | $266M |
| Long-Term Debt | $106M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $80M |
| Other Non-Current Liabilities | $48M |
| TOTAL NON-CURRENT LIABILITIES | $295M |
| TOTAL LIABILITIES | $562M |
| Common Stock | $1M |
| Additional Paid-In Capital | $411M |
| Retained Earnings | $143M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $555M |
| Minority Interest | $227M |
| TOTAL EQUITY | $781M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $207M |
| Net Debt | $95M |
