| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $331M | $384M | $412M | -13.7% | -19.7% |
| Op. Income | -$66M | $19M | $91M | -452.6% | -172.6% |
| Gross Margin | -14.1% | 9.6% | 26.3% | -23.6pp | -40.4pp |
| Net Margin | -22.0% | 0.3% | 10.9% | -22.3pp | -32.9pp |
| EPS (Diluted) | $-1.11 | $0.02 | $0.68 | -5650.0% | -263.2% |
| Free Cash Flow | $6M | $20M | $48M | -69.9% | -87.8% |
| Item | Amount |
|---|---|
| REVENUE | $331M |
| Cost of Revenue | $378M |
| GROSS PROFIT | -$47M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $20M |
| Other Expenses | $0 |
| Operating Expenses | $20M |
| Cost & Expenses | $397M |
| OPERATING INCOME | -$66M |
| Interest Income | $0 |
| Interest Expense | $21M |
| Other Income/Expenses | -$22M |
| INCOME BEFORE TAX | -$89M |
| Income Tax Expense | -$16M |
| Net Income from Continuing Ops | -$73M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$73M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$73M |
| D&A | $32M |
| EBIT | -$68M |
| EBITDA | -$36M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$73M |
| Depreciation & Amortization | $32M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$10M |
| Other Non-Cash Items | $14M |
| Change in Working Capital | $92M |
| OPERATING CASH FLOW | $57M |
| Capital Expenditure | -$51M |
| Acquisitions (Net) | -$6M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$140.0K |
| NET CASH FROM INVESTING | -$57M |
| Net Debt Issuance | $97M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$18M |
| Other Financing Activities | $6M |
| NET CASH FROM FINANCING | $86M |
| FREE CASH FLOW | $6M |
| Net Change in Cash | $86M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $351M |
| Short-Term Investments | $0 |
| Net Receivables | $209M |
| Inventory | $273M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $845M |
| PP&E (Net) | $1.1B |
| Goodwill | $0 |
| Intangible Assets | $53M |
| Long-Term Investments | $53M |
| Tax Assets | $1M |
| Other Non-Current Assets | $26M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $2.1B |
| Account Payables | $74M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $10M |
| TOTAL CURRENT LIABILITIES | $256M |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $90M |
| Other Non-Current Liabilities | $40M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $1.5B |
| Common Stock | $66M |
| Additional Paid-In Capital | $345M |
| Retained Earnings | $256M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$117M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $550M |
| Minority Interest | $0 |
| TOTAL EQUITY | $550M |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $1.1B |
| Net Debt | $778M |
