| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $491M | $444M | $553M | 10.6% | -11.1% |
| Op. Income | -$25M | $148M | $153M | -116.6% | -116.0% |
| Gross Margin | 35.8% | 38.5% | 31.8% | -2.7pp | 4.0pp |
| Net Margin | -21.6% | 19.5% | 16.4% | -41.1pp | -38.0pp |
| EPS (Diluted) | $-1.23 | $1.00 | $1.04 | -223.0% | -218.3% |
| Free Cash Flow | $26M | -$31M | $27M | 185.4% | -4.4% |
| Item | Amount |
|---|---|
| REVENUE | $491M |
| Cost of Revenue | $315M |
| GROSS PROFIT | $176M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $201M |
| Operating Expenses | $201M |
| Cost & Expenses | $516M |
| OPERATING INCOME | -$25M |
| Interest Income | $0 |
| Interest Expense | $27M |
| Other Income/Expenses | -$45M |
| INCOME BEFORE TAX | -$69M |
| Income Tax Expense | $37M |
| Net Income from Continuing Ops | -$106M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$106M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$106M |
| D&A | $78M |
| EBIT | -$42M |
| EBITDA | $36M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$106M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $54M |
| Other Non-Cash Items | $264M |
| Change in Working Capital | $8M |
| OPERATING CASH FLOW | $223M |
| Capital Expenditure | -$197M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$198M |
| Net Debt Issuance | $90M |
| Common Stock Repurchased | -$6.0K |
| Common Dividends Paid | -$38M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $53M |
| FREE CASH FLOW | $26M |
| Net Change in Cash | $78M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $122M |
| Short-Term Investments | $0 |
| Net Receivables | $263M |
| Inventory | $57M |
| Other Current Assets | $24M |
| TOTAL CURRENT ASSETS | $496M |
| PP&E (Net) | $5.6B |
| Goodwill | $5M |
| Intangible Assets | $0 |
| Long-Term Investments | $348M |
| Tax Assets | $0 |
| Other Non-Current Assets | $285M |
| TOTAL NON-CURRENT ASSETS | $6.2B |
| TOTAL ASSETS | $6.7B |
| Account Payables | $124M |
| Short-Term Debt | $247M |
| Deferred Revenue | $615.0K |
| Other Current Liabilities | $198M |
| TOTAL CURRENT LIABILITIES | $584M |
| Long-Term Debt | $2.1B |
| Deferred Revenue NC | $120M |
| Deferred Tax Liabilities | $777M |
| Other Non-Current Liabilities | $998M |
| TOTAL NON-CURRENT LIABILITIES | $4.0B |
| TOTAL LIABILITIES | $4.6B |
| Common Stock | $87M |
| Additional Paid-In Capital | $835M |
| Retained Earnings | $1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$19M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $6.7B |
| Total Debt | $2.4B |
| Net Debt | $2.3B |
