| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.9B | $2.6B | $1.7B | -28.1% | 10.2% |
| Op. Income | -$1.4B | $132M | $15M | -1166.7% | -9486.7% |
| Gross Margin | 32.7% | 33.1% | 31.8% | -0.4pp | 1.0pp |
| Net Margin | -67.8% | 30.3% | -8.8% | -98.1pp | -59.0pp |
| EPS (Diluted) | $-3.02 | $1.87 | $-0.36 | -261.5% | -738.9% |
| Free Cash Flow | -$35M | $527M | -$259M | -106.6% | 86.5% |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $617M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $548M |
| Other Expenses | $1.5B |
| Operating Expenses | $2.0B |
| Cost & Expenses | $3.3B |
| OPERATING INCOME | -$1.4B |
| Interest Income | $0 |
| Interest Expense | $63M |
| Other Income/Expenses | -$75M |
| INCOME BEFORE TAX | -$1.5B |
| Income Tax Expense | -$204M |
| Net Income from Continuing Ops | -$1.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1.3B |
| D&A | $91M |
| EBIT | -$1.4B |
| EBITDA | -$1.3B |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$1.3B |
| Depreciation & Amortization | $91M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$234M |
| Other Non-Cash Items | $1.5B |
| Change in Working Capital | -$41M |
| OPERATING CASH FLOW | $23M |
| Capital Expenditure | -$58M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$56M |
| Net Debt Issuance | $289M |
| Common Stock Repurchased | -$17M |
| Common Dividends Paid | -$99M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $173M |
| FREE CASH FLOW | -$35M |
| Net Change in Cash | $116M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $476M |
| Short-Term Investments | $0 |
| Net Receivables | $1.4B |
| Inventory | $1.7B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.9B |
| PP&E (Net) | $1.7B |
| Goodwill | $3.5B |
| Intangible Assets | $3.6B |
| Long-Term Investments | $0 |
| Tax Assets | $873M |
| Other Non-Current Assets | $379M |
| TOTAL NON-CURRENT ASSETS | $10.0B |
| TOTAL ASSETS | $13.9B |
| Account Payables | $1.0B |
| Short-Term Debt | $639M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $124M |
| TOTAL CURRENT LIABILITIES | $3.0B |
| Long-Term Debt | $5.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $498M |
| Other Non-Current Liabilities | $1.1B |
| TOTAL NON-CURRENT LIABILITIES | $7.5B |
| TOTAL LIABILITIES | $10.4B |
| Common Stock | $448M |
| Additional Paid-In Capital | $8.3B |
| Retained Earnings | -$3.7B |
| Treasury Stock | -$596M |
| Accum. Other Comp. Income | -$1.1B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.5B |
| Minority Interest | $25M |
| TOTAL EQUITY | $3.5B |
| TOTAL LIABILITIES & EQUITY | $13.9B |
| Total Debt | $6.6B |
| Net Debt | $6.2B |
