| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $652M | $1.4B | $782M | -53.3% | -16.7% |
| Op. Income | $33M | $416M | $129M | -92.1% | -74.6% |
| Gross Margin | 51.3% | 58.0% | 53.9% | -6.7pp | -2.6pp |
| Net Margin | 4.4% | 21.3% | 12.3% | -16.9pp | -8.0pp |
| EPS (Diluted) | $0.22 | $2.28 | $0.74 | -90.4% | -70.3% |
| Free Cash Flow | -$173M | $505M | -$131M | -134.3% | -32.1% |
| Item | Amount |
|---|---|
| REVENUE | $652M |
| Cost of Revenue | $318M |
| GROSS PROFIT | $334M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $300M |
| Other Expenses | $2M |
| Operating Expenses | $302M |
| Cost & Expenses | $619M |
| OPERATING INCOME | $33M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $34M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $29M |
| D&A | $44M |
| EBIT | $35M |
| EBITDA | $78M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $652M |
| Cost of Revenue | $318M |
| GROSS PROFIT | $334M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $300M |
| Other Expenses | $2M |
| Operating Expenses | $302M |
| Cost & Expenses | $619M |
| OPERATING INCOME | $33M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $34M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $29M |
| D&A | $44M |
| EBIT | $35M |
| EBITDA | $78M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $29M |
| Depreciation & Amortization | $44M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$6M |
| Change in Working Capital | -$194M |
| OPERATING CASH FLOW | -$121M |
| Capital Expenditure | -$52M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $6M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$46M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$64M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$27M |
| NET CASH FROM FINANCING | -$91M |
| FREE CASH FLOW | -$173M |
| Net Change in Cash | -$270M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $823M |
| Short-Term Investments | $0 |
| Net Receivables | $62M |
| Inventory | $626M |
| Other Current Assets | $123M |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $1.4B |
| Goodwill | -$32M |
| Intangible Assets | $56M |
| Long-Term Investments | $0 |
| Tax Assets | $31M |
| Other Non-Current Assets | $61M |
| TOTAL NON-CURRENT ASSETS | $1.5B |
| TOTAL ASSETS | $3.2B |
| Account Payables | $79M |
| Short-Term Debt | $0 |
| Deferred Revenue | $133M |
| Other Current Liabilities | $134M |
| TOTAL CURRENT LIABILITIES | $631M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $41M |
| Other Non-Current Liabilities | $54M |
| TOTAL NON-CURRENT LIABILITIES | $735M |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $624.0K |
| Additional Paid-In Capital | $334M |
| Retained Earnings | $1.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$285M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.8B |
| TOTAL LIABILITIES & EQUITY | $3.2B |
| Total Debt | $784M |
| Net Debt | -$39M |
