| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $473M | $755M | $512M | -37.5% | -7.7% |
| Op. Income | $70M | $274M | $58M | -74.4% | 21.2% |
| Gross Margin | 39.7% | 51.8% | 31.6% | -12.1pp | 8.2pp |
| Net Margin | 7.5% | 33.2% | 10.7% | -25.7pp | -3.2pp |
| EPS (Diluted) | $0.18 | $1.25 | $0.27 | -85.6% | -33.3% |
| Free Cash Flow | $105M | $127M | $80M | -17.8% | 31.3% |
| Item | Amount |
|---|---|
| REVENUE | $473M |
| Cost of Revenue | $285M |
| GROSS PROFIT | $188M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $116M |
| Operating Expenses | $117M |
| Cost & Expenses | $402M |
| OPERATING INCOME | $70M |
| Interest Income | $0 |
| Interest Expense | $38M |
| Other Income/Expenses | -$31M |
| INCOME BEFORE TAX | $39M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $35M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $35M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $35M |
| D&A | $94M |
| EBIT | $77M |
| EBITDA | $172M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $473M |
| Cost of Revenue | $285M |
| GROSS PROFIT | $188M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $116M |
| Operating Expenses | $117M |
| Cost & Expenses | $402M |
| OPERATING INCOME | $70M |
| Interest Income | $0 |
| Interest Expense | $38M |
| Other Income/Expenses | -$31M |
| INCOME BEFORE TAX | $39M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $35M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $35M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $35M |
| D&A | $94M |
| EBIT | $77M |
| EBITDA | $172M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $35M |
| Depreciation & Amortization | $94M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $10M |
| Change in Working Capital | $118M |
| OPERATING CASH FLOW | $264M |
| Capital Expenditure | -$159M |
| Acquisitions (Net) | $17M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$142M |
| Net Debt Issuance | -$57M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$78M |
| Other Financing Activities | -$100.0K |
| NET CASH FROM FINANCING | -$134M |
| FREE CASH FLOW | $105M |
| Net Change in Cash | -$13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $0 |
| Short-Term Investments | $0 |
| Net Receivables | $269M |
| Inventory | $137M |
| Other Current Assets | $24M |
| TOTAL CURRENT ASSETS | $430M |
| PP&E (Net) | $9.1B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $1.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $315M |
| TOTAL NON-CURRENT ASSETS | $10.6B |
| TOTAL ASSETS | $11.0B |
| Account Payables | $195M |
| Short-Term Debt | $112M |
| Deferred Revenue | $83M |
| Other Current Liabilities | $111M |
| TOTAL CURRENT LIABILITIES | $658M |
| Long-Term Debt | $3.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.4B |
| Other Non-Current Liabilities | $1.6B |
| TOTAL NON-CURRENT LIABILITIES | $6.2B |
| TOTAL LIABILITIES | $6.9B |
| Common Stock | $1.1B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $3.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$28M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.1B |
| TOTAL LIABILITIES & EQUITY | $11.0B |
| Total Debt | $3.3B |
| Net Debt | $3.3B |
