| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.4B | $3.2B | $3.8B | -25.3% | -37.4% |
| Op. Income | $236M | $131M | $56M | 80.0% | 322.8% |
| Gross Margin | 18.6% | 10.8% | 7.2% | 7.8pp | 11.4pp |
| Net Margin | 7.1% | 2.8% | 0.9% | 4.3pp | 6.2pp |
| EPS (Diluted) | $5.73 | $2.92 | $1.01 | 96.2% | 467.3% |
| Free Cash Flow | $209M | $67M | $21M | 211.6% | 910.1% |
| Item | Amount |
|---|---|
| REVENUE | $2.4B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $443M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $37M |
| Other Expenses | $172M |
| Operating Expenses | $209M |
| Cost & Expenses | $2.1B |
| OPERATING INCOME | $236M |
| Interest Income | $200.0K |
| Interest Expense | $13M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $223M |
| Income Tax Expense | $54M |
| Net Income from Continuing Ops | $169M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $169M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $169M |
| D&A | $40M |
| EBIT | $236M |
| EBITDA | $276M |
| EPS | $6 |
| EPS Diluted | $6 |
| Item | Amount |
|---|---|
| REVENUE | $2.4B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $443M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $37M |
| Other Expenses | $172M |
| Operating Expenses | $209M |
| Cost & Expenses | $2.1B |
| OPERATING INCOME | $236M |
| Interest Income | $200.0K |
| Interest Expense | $13M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $223M |
| Income Tax Expense | $54M |
| Net Income from Continuing Ops | $169M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $169M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $169M |
| D&A | $40M |
| EBIT | $236M |
| EBITDA | $276M |
| EPS | $6 |
| EPS Diluted | $6 |
| Item | Amount |
|---|---|
| Net Income | $169M |
| Depreciation & Amortization | $40M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | $7M |
| Change in Working Capital | $49M |
| OPERATING CASH FLOW | $268M |
| Capital Expenditure | -$59M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $7M |
| NET CASH FROM INVESTING | -$52M |
| Net Debt Issuance | -$13M |
| Common Stock Repurchased | -$90M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $90M |
| NET CASH FROM FINANCING | -$13M |
| FREE CASH FLOW | $209M |
| Net Change in Cash | $203M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $404M |
| Short-Term Investments | $0 |
| Net Receivables | $161M |
| Inventory | $258M |
| Other Current Assets | $18M |
| TOTAL CURRENT ASSETS | $840M |
| PP&E (Net) | $2.0B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $44M |
| TOTAL NON-CURRENT ASSETS | $2.0B |
| TOTAL ASSETS | $2.9B |
| Account Payables | $454M |
| Short-Term Debt | $59M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $554M |
| Long-Term Debt | $974M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $225M |
| Other Non-Current Liabilities | $52M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $1.9B |
| Common Stock | $500.0K |
| Additional Paid-In Capital | $533M |
| Retained Earnings | $1.6B |
| Treasury Stock | -$1.2B |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $918M |
| Minority Interest | $0 |
| TOTAL EQUITY | $918M |
| TOTAL LIABILITIES & EQUITY | $2.9B |
| Total Debt | $1.2B |
| Net Debt | $767M |
