| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $328M | $329M | $505M | -0.3% | -35.0% |
| Op. Income | -$2M | $6M | $42M | -128.1% | -103.8% |
| Gross Margin | 14.7% | 19.2% | 18.9% | -4.5pp | -4.1pp |
| Net Margin | -3.9% | -2.4% | 9.1% | -1.5pp | -13.0pp |
| EPS (Diluted) | $-0.37 | $-0.22 | $1.29 | -68.2% | -128.7% |
| Free Cash Flow | -$25M | -$82M | $27M | 70.2% | -192.1% |
| Item | Amount |
|---|---|
| REVENUE | $328M |
| Cost of Revenue | $280M |
| GROSS PROFIT | $48M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $50M |
| SG&A Expenses | $50M |
| Other Expenses | $300.0K |
| Operating Expenses | $50M |
| Cost & Expenses | $330M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | -$12M |
| Income Tax Expense | $700.0K |
| Net Income from Continuing Ops | -$13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$13M |
| D&A | $9M |
| EBIT | -$5M |
| EBITDA | $4M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$13M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$22M |
| OPERATING CASH FLOW | -$20M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | $49M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $49M |
| FREE CASH FLOW | -$25M |
| Net Change in Cash | $25M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $128M |
| Short-Term Investments | $0 |
| Net Receivables | $186M |
| Inventory | $535M |
| Other Current Assets | $33M |
| TOTAL CURRENT ASSETS | $882M |
| PP&E (Net) | $321M |
| Goodwill | $232M |
| Intangible Assets | $116M |
| Long-Term Investments | -$4M |
| Tax Assets | $4M |
| Other Non-Current Assets | $55M |
| TOTAL NON-CURRENT ASSETS | $723M |
| TOTAL ASSETS | $1.6B |
| Account Payables | $178M |
| Short-Term Debt | $4M |
| Deferred Revenue | $16M |
| Other Current Liabilities | $159M |
| TOTAL CURRENT LIABILITIES | $421M |
| Long-Term Debt | $357M |
| Deferred Revenue NC | $27M |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $147M |
| TOTAL NON-CURRENT LIABILITIES | $569M |
| TOTAL LIABILITIES | $989M |
| Common Stock | $400.0K |
| Additional Paid-In Capital | $596M |
| Retained Earnings | $216M |
| Treasury Stock | -$72M |
| Accum. Other Comp. Income | -$124M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $616M |
| Minority Interest | $0 |
| TOTAL EQUITY | $616M |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $395M |
| Net Debt | $266M |
