| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $323M | $491M | $357M | -34.2% | -9.6% |
| Op. Income | $80M | -$25M | $113M | 427.1% | -28.7% |
| Gross Margin | 37.2% | 35.8% | 37.6% | 1.3pp | -0.5pp |
| Net Margin | 12.8% | -21.6% | 17.8% | 34.4pp | -5.1pp |
| EPS (Diluted) | $0.47 | $-1.23 | $0.73 | 138.2% | -35.6% |
| Free Cash Flow | $50M | $26M | $29M | 91.6% | 74.3% |
| Item | Amount |
|---|---|
| REVENUE | $323M |
| Cost of Revenue | $203M |
| GROSS PROFIT | $120M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $40M |
| Operating Expenses | $40M |
| Cost & Expenses | $243M |
| OPERATING INCOME | $80M |
| Interest Income | $0 |
| Interest Expense | $29M |
| Other Income/Expenses | -$26M |
| INCOME BEFORE TAX | $54M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $41M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $41M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $41M |
| D&A | $73M |
| EBIT | $83M |
| EBITDA | $156M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $323M |
| Cost of Revenue | $203M |
| GROSS PROFIT | $120M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $40M |
| Operating Expenses | $40M |
| Cost & Expenses | $243M |
| OPERATING INCOME | $80M |
| Interest Income | $0 |
| Interest Expense | $29M |
| Other Income/Expenses | -$26M |
| INCOME BEFORE TAX | $54M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $41M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $41M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $41M |
| D&A | $73M |
| EBIT | $83M |
| EBITDA | $156M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $41M |
| Depreciation & Amortization | $91M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $11M |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | $91M |
| OPERATING CASH FLOW | $233M |
| Capital Expenditure | -$183M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$41.0K |
| NET CASH FROM INVESTING | -$183M |
| Net Debt Issuance | $263M |
| Common Stock Repurchased | $4M |
| Common Dividends Paid | -$38M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $391M |
| FREE CASH FLOW | $50M |
| Net Change in Cash | $442M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $564M |
| Short-Term Investments | $0 |
| Net Receivables | $157M |
| Inventory | $66M |
| Other Current Assets | $19M |
| TOTAL CURRENT ASSETS | $832M |
| PP&E (Net) | $5.6B |
| Goodwill | $5M |
| Intangible Assets | $0 |
| Long-Term Investments | $282M |
| Tax Assets | $0 |
| Other Non-Current Assets | $361M |
| TOTAL NON-CURRENT ASSETS | $6.3B |
| TOTAL ASSETS | $7.1B |
| Account Payables | $113M |
| Short-Term Debt | $15M |
| Deferred Revenue | $561.0K |
| Other Current Liabilities | $200M |
| TOTAL CURRENT LIABILITIES | $342M |
| Long-Term Debt | $2.6B |
| Deferred Revenue NC | $123M |
| Deferred Tax Liabilities | $783M |
| Other Non-Current Liabilities | $1.0B |
| TOTAL NON-CURRENT LIABILITIES | $4.6B |
| TOTAL LIABILITIES | $4.9B |
| Common Stock | $91M |
| Additional Paid-In Capital | $999M |
| Retained Earnings | $1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$42M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.2B |
| TOTAL LIABILITIES & EQUITY | $7.1B |
| Total Debt | $2.7B |
| Net Debt | $2.1B |
