| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.2B | $4.3B | $6.4B | -48.1% | -65.1% |
| Op. Income | $96M | $46M | $158M | 107.8% | -38.8% |
| Gross Margin | 9.8% | 3.9% | 3.3% | 5.8pp | 6.5pp |
| Net Margin | 1.9% | -4.7% | 1.7% | 6.6pp | 0.2pp |
| EPS (Diluted) | $0.33 | $-1.58 | $0.88 | 120.9% | -62.5% |
| Free Cash Flow | $170M | -$178M | $93M | 195.4% | 82.4% |
| Item | Amount |
|---|---|
| REVENUE | $2.2B |
| Cost of Revenue | $2.0B |
| GROSS PROFIT | $217M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $29M |
| SG&A Expenses | $29M |
| Other Expenses | $92M |
| Operating Expenses | $121M |
| Cost & Expenses | $2.1B |
| OPERATING INCOME | $96M |
| Interest Income | $0 |
| Interest Expense | $47M |
| Other Income/Expenses | -$47M |
| INCOME BEFORE TAX | $50M |
| Income Tax Expense | $677.0K |
| Net Income from Continuing Ops | $49M |
| Net Income from Discontinued Ops | -$6M |
| Other Adjustments | $0 |
| NET INCOME | $43M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $77M |
| EBIT | $97M |
| EBITDA | $174M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2.2B |
| Cost of Revenue | $2.0B |
| GROSS PROFIT | $217M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $29M |
| SG&A Expenses | $29M |
| Other Expenses | $92M |
| Operating Expenses | $121M |
| Cost & Expenses | $2.1B |
| OPERATING INCOME | $96M |
| Interest Income | $0 |
| Interest Expense | $47M |
| Other Income/Expenses | -$47M |
| INCOME BEFORE TAX | $50M |
| Income Tax Expense | $677.0K |
| Net Income from Continuing Ops | $49M |
| Net Income from Discontinued Ops | -$6M |
| Other Adjustments | $0 |
| NET INCOME | $43M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $77M |
| EBIT | $97M |
| EBITDA | $174M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $43M |
| Depreciation & Amortization | $77M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $103M |
| Change in Working Capital | $113M |
| OPERATING CASH FLOW | $338M |
| Capital Expenditure | -$168M |
| Acquisitions (Net) | -$586M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$19M |
| NET CASH FROM INVESTING | -$773M |
| Net Debt Issuance | $299M |
| Common Stock Repurchased | -$107.0K |
| Common Dividends Paid | -$63M |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | $426M |
| FREE CASH FLOW | $170M |
| Net Change in Cash | -$9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $12M |
| Short-Term Investments | $0 |
| Net Receivables | $980M |
| Inventory | $184M |
| Other Current Assets | $166M |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $2.9B |
| Goodwill | $1.3B |
| Intangible Assets | $1.6B |
| Long-Term Investments | $31M |
| Tax Assets | $0 |
| Other Non-Current Assets | $85M |
| TOTAL NON-CURRENT ASSETS | $5.9B |
| TOTAL ASSETS | $7.2B |
| Account Payables | $876M |
| Short-Term Debt | $62M |
| Deferred Revenue | $30M |
| Other Current Liabilities | $376M |
| TOTAL CURRENT LIABILITIES | $1.4B |
| Long-Term Debt | $3.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $51M |
| Other Non-Current Liabilities | $53M |
| TOTAL NON-CURRENT LIABILITIES | $3.3B |
| TOTAL LIABILITIES | $4.7B |
| Common Stock | $1.7B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$248.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.6B |
| Minority Interest | $24M |
| TOTAL EQUITY | $2.6B |
| TOTAL LIABILITIES & EQUITY | $7.2B |
| Total Debt | $3.3B |
| Net Debt | $3.2B |
