| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | — | $2.3B | — | -41.8% |
| Op. Income | -$301M | — | -$349M | — | 13.8% |
| Gross Margin | -5.0% | — | 16.5% | — | -21.5pp |
| Net Margin | -26.1% | — | -16.9% | — | -9.3pp |
| EPS (Diluted) | $-0.90 | — | $-1.01 | — | 10.9% |
| Free Cash Flow | $133M | — | $406M | — | -67.2% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | -$66M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $235M |
| Other Expenses | $0 |
| Operating Expenses | $235M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | -$301M |
| Interest Income | $2M |
| Interest Expense | $19M |
| Other Income/Expenses | -$25M |
| INCOME BEFORE TAX | -$326M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | -$348M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$347M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$347M |
| D&A | $82M |
| EBIT | -$307M |
| EBITDA | -$225M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$347M |
| Depreciation & Amortization | $82M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $7M |
| Other Non-Cash Items | $233M |
| Change in Working Capital | $211M |
| OPERATING CASH FLOW | $186M |
| Capital Expenditure | -$53M |
| Acquisitions (Net) | -$14M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $83M |
| NET CASH FROM INVESTING | $16M |
| Net Debt Issuance | -$39M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $36M |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | $133M |
| Net Change in Cash | $207M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.7B |
| Short-Term Investments | $0 |
| Net Receivables | $1.9B |
| Inventory | $1.4B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $5.2B |
| PP&E (Net) | $2.5B |
| Goodwill | $1.5B |
| Intangible Assets | $527M |
| Long-Term Investments | $51M |
| Tax Assets | $0 |
| Other Non-Current Assets | $156M |
| TOTAL NON-CURRENT ASSETS | $4.7B |
| TOTAL ASSETS | $9.9B |
| Account Payables | $489M |
| Short-Term Debt | $0 |
| Deferred Revenue | $354M |
| Other Current Liabilities | $211M |
| TOTAL CURRENT LIABILITIES | $1.9B |
| Long-Term Debt | $1.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $78M |
| Other Non-Current Liabilities | $259M |
| TOTAL NON-CURRENT LIABILITIES | $2.8B |
| TOTAL LIABILITIES | $4.7B |
| Common Stock | $4M |
| Additional Paid-In Capital | $8.6B |
| Retained Earnings | -$1.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1.5B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.2B |
| Minority Interest | $69M |
| TOTAL EQUITY | $5.3B |
| TOTAL LIABILITIES & EQUITY | $9.9B |
| Total Debt | $2.6B |
| Net Debt | $864M |
