| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $444M | $293M | $490M | 51.4% | -9.4% |
| Op. Income | $148M | $84M | $162M | 76.3% | -8.5% |
| Gross Margin | 38.5% | 35.7% | 37.9% | 2.8pp | 0.7pp |
| Net Margin | 19.5% | 16.1% | 20.9% | 3.4pp | -1.4pp |
| EPS (Diluted) | $1.00 | $0.54 | $1.18 | 85.2% | -15.3% |
| Free Cash Flow | -$31M | -$78M | -$73M | 60.4% | 58.0% |
| Item | Amount |
|---|---|
| REVENUE | $444M |
| Cost of Revenue | $273M |
| GROSS PROFIT | $171M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $23M |
| Operating Expenses | $23M |
| Cost & Expenses | $296M |
| OPERATING INCOME | $148M |
| Interest Income | $0 |
| Interest Expense | $27M |
| Other Income/Expenses | -$30M |
| INCOME BEFORE TAX | $118M |
| Income Tax Expense | $31M |
| Net Income from Continuing Ops | $87M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $87M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $87M |
| D&A | $75M |
| EBIT | $145M |
| EBITDA | $220M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $444M |
| Cost of Revenue | $273M |
| GROSS PROFIT | $171M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $23M |
| Operating Expenses | $23M |
| Cost & Expenses | $296M |
| OPERATING INCOME | $148M |
| Interest Income | $0 |
| Interest Expense | $27M |
| Other Income/Expenses | -$30M |
| INCOME BEFORE TAX | $118M |
| Income Tax Expense | $31M |
| Net Income from Continuing Ops | $87M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $87M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $87M |
| D&A | $75M |
| EBIT | $145M |
| EBITDA | $220M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $87M |
| Depreciation & Amortization | $64M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $51M |
| Other Non-Cash Items | $13M |
| Change in Working Capital | -$50M |
| OPERATING CASH FLOW | $168M |
| Capital Expenditure | -$198M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | -$193M |
| Net Debt Issuance | $85M |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | -$38M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $43M |
| FREE CASH FLOW | -$31M |
| Net Change in Cash | $17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $45M |
| Short-Term Investments | $0 |
| Net Receivables | $265M |
| Inventory | $72M |
| Other Current Assets | $24M |
| TOTAL CURRENT ASSETS | $431M |
| PP&E (Net) | $5.7B |
| Goodwill | $5M |
| Intangible Assets | $0 |
| Long-Term Investments | $319M |
| Tax Assets | $0 |
| Other Non-Current Assets | $282M |
| TOTAL NON-CURRENT ASSETS | $6.3B |
| TOTAL ASSETS | $6.7B |
| Account Payables | $130M |
| Short-Term Debt | $143M |
| Deferred Revenue | $14M |
| Other Current Liabilities | $246M |
| TOTAL CURRENT LIABILITIES | $546M |
| Long-Term Debt | $2.1B |
| Deferred Revenue NC | $125M |
| Deferred Tax Liabilities | $709M |
| Other Non-Current Liabilities | $990M |
| TOTAL NON-CURRENT LIABILITIES | $4.0B |
| TOTAL LIABILITIES | $4.5B |
| Common Stock | $87M |
| Additional Paid-In Capital | $831M |
| Retained Earnings | $1.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$56M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.2B |
| TOTAL LIABILITIES & EQUITY | $6.7B |
| Total Debt | $2.3B |
| Net Debt | $2.2B |
