| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.8B | $2.4B | $3.7B | 19.3% | -22.4% |
| Op. Income | $100M | $236M | $121M | -57.4% | -16.9% |
| Gross Margin | 11.9% | 18.6% | 9.2% | -6.7pp | 2.7pp |
| Net Margin | 2.4% | 7.1% | 1.9% | -4.7pp | 0.5pp |
| EPS (Diluted) | $2.27 | $5.73 | $2.18 | -60.4% | 4.1% |
| Free Cash Flow | $22M | $209M | $60M | -89.4% | -62.8% |
| Item | Amount |
|---|---|
| REVENUE | $2.8B |
| Cost of Revenue | $2.5B |
| GROSS PROFIT | $338M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $54M |
| Other Expenses | $184M |
| Operating Expenses | $238M |
| Cost & Expenses | $2.7B |
| OPERATING INCOME | $100M |
| Interest Income | $0 |
| Interest Expense | $12M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $88M |
| Income Tax Expense | $21M |
| Net Income from Continuing Ops | $67M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $67M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $67M |
| D&A | $41M |
| EBIT | $101M |
| EBITDA | $142M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $2.8B |
| Cost of Revenue | $2.5B |
| GROSS PROFIT | $338M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $54M |
| Other Expenses | $184M |
| Operating Expenses | $238M |
| Cost & Expenses | $2.7B |
| OPERATING INCOME | $100M |
| Interest Income | $0 |
| Interest Expense | $12M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $88M |
| Income Tax Expense | $21M |
| Net Income from Continuing Ops | $67M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $67M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $67M |
| D&A | $41M |
| EBIT | $101M |
| EBITDA | $142M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $67M |
| Depreciation & Amortization | $41M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$8M |
| Other Non-Cash Items | $12M |
| Change in Working Capital | -$25M |
| OPERATING CASH FLOW | $86M |
| Capital Expenditure | -$64M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$400.0K |
| NET CASH FROM INVESTING | -$64M |
| Net Debt Issuance | -$13M |
| Common Stock Repurchased | -$90M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | -$108M |
| FREE CASH FLOW | $22M |
| Net Change in Cash | -$86M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $318M |
| Short-Term Investments | $0 |
| Net Receivables | $143M |
| Inventory | $268M |
| Other Current Assets | $15M |
| TOTAL CURRENT ASSETS | $743M |
| PP&E (Net) | $2.0B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $45M |
| TOTAL NON-CURRENT ASSETS | $2.0B |
| TOTAL ASSETS | $2.8B |
| Account Payables | $435M |
| Short-Term Debt | $59M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $513M |
| Long-Term Debt | $962M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $218M |
| Other Non-Current Liabilities | $58M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $1.9B |
| Common Stock | $500.0K |
| Additional Paid-In Capital | $530M |
| Retained Earnings | $1.7B |
| Treasury Stock | -$1.3B |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $896M |
| Minority Interest | $0 |
| TOTAL EQUITY | $896M |
| TOTAL LIABILITIES & EQUITY | $2.8B |
| Total Debt | $1.2B |
| Net Debt | $845M |
