| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $498M | $1.5B | — | -67.0% | — |
| Op. Income | -$448M | $179M | — | -350.7% | — |
| Gross Margin | 34.1% | 55.7% | — | -21.6pp | — |
| Net Margin | -73.1% | 10.1% | — | -83.2pp | — |
| EPS (Diluted) | $-0.91 | $0.37 | — | -345.9% | — |
| Free Cash Flow | -$187M | $153M | — | -222.1% | — |
| Item | Amount |
|---|---|
| REVENUE | $498M |
| Cost of Revenue | $328M |
| GROSS PROFIT | $170M |
| R&D Expenses | $0 |
| Selling & Marketing | $378M |
| General & Administrative | $172M |
| SG&A Expenses | $551M |
| Other Expenses | $67M |
| Operating Expenses | $618M |
| Cost & Expenses | $946M |
| OPERATING INCOME | -$448M |
| Interest Income | $2M |
| Interest Expense | $11M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | -$458M |
| Income Tax Expense | -$95M |
| Net Income from Continuing Ops | -$364M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$364M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$364M |
| D&A | $35M |
| EBIT | -$447M |
| EBITDA | -$412M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$364M |
| Depreciation & Amortization | $35M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$85M |
| Other Non-Cash Items | $79M |
| Change in Working Capital | $170M |
| OPERATING CASH FLOW | -$157M |
| Capital Expenditure | -$31M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $5M |
| Sales/Maturities of Investments | $38M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $12M |
| Net Debt Issuance | $791M |
| Common Stock Repurchased | -$26M |
| Common Dividends Paid | -$32M |
| Other Financing Activities | -$8M |
| NET CASH FROM FINANCING | $728M |
| FREE CASH FLOW | -$187M |
| Net Change in Cash | $575M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.4B |
| Short-Term Investments | $76M |
| Net Receivables | $334M |
| Inventory | $986M |
| Other Current Assets | $208M |
| TOTAL CURRENT ASSETS | $3.1B |
| PP&E (Net) | $1.4B |
| Goodwill | $259M |
| Intangible Assets | $50M |
| Long-Term Investments | $0 |
| Tax Assets | $504M |
| Other Non-Current Assets | $201M |
| TOTAL NON-CURRENT ASSETS | $2.4B |
| TOTAL ASSETS | $5.5B |
| Account Payables | $284M |
| Short-Term Debt | $308M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $51M |
| TOTAL CURRENT LIABILITIES | $1.6B |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $392M |
| TOTAL NON-CURRENT LIABILITIES | $2.7B |
| TOTAL LIABILITIES | $4.3B |
| Common Stock | $396.0K |
| Additional Paid-In Capital | $612M |
| Retained Earnings | $1.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$478M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $5.5B |
| Total Debt | $2.9B |
| Net Debt | $1.4B |
