| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $427M | $537M | $496M | -20.4% | -13.8% |
| Op. Income | -$5M | -$9M | -$10M | 42.4% | 46.2% |
| Gross Margin | 10.0% | 8.7% | 8.5% | 1.2pp | 1.5pp |
| Net Margin | -5.8% | -68.5% | -7.1% | 62.7pp | 1.3pp |
| EPS (Diluted) | $-0.25 | $-3.70 | $-0.36 | 93.2% | 30.6% |
| Free Cash Flow | $27M | -$59M | $13M | 145.3% | 111.9% |
| Item | Amount |
|---|---|
| REVENUE | $427M |
| Cost of Revenue | $385M |
| GROSS PROFIT | $43M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $48M |
| Other Expenses | $0 |
| Operating Expenses | $48M |
| Cost & Expenses | $432M |
| OPERATING INCOME | -$5M |
| Interest Income | $511.0K |
| Interest Expense | $12M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | -$19M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | -$25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$25M |
| D&A | $39M |
| EBIT | -$8M |
| EBITDA | $31M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$25M |
| Depreciation & Amortization | $39M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$123.0K |
| Other Non-Cash Items | $164.0K |
| Change in Working Capital | $24M |
| OPERATING CASH FLOW | $38M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$279.0K |
| NET CASH FROM FINANCING | -$279.0K |
| FREE CASH FLOW | $27M |
| Net Change in Cash | $26M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $334M |
| Short-Term Investments | $10M |
| Net Receivables | $577M |
| Inventory | $160M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $793M |
| Goodwill | $75M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $129M |
| TOTAL NON-CURRENT ASSETS | $997M |
| TOTAL ASSETS | $2.1B |
| Account Payables | $89M |
| Short-Term Debt | $18M |
| Deferred Revenue | $52M |
| Other Current Liabilities | $86M |
| TOTAL CURRENT LIABILITIES | $452M |
| Long-Term Debt | $806M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $12M |
| Other Non-Current Liabilities | $73M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.5B |
| Common Stock | $28M |
| Additional Paid-In Capital | $191M |
| Retained Earnings | $1.5B |
| Treasury Stock | -$661M |
| Accum. Other Comp. Income | -$394M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $619M |
| Minority Interest | $6M |
| TOTAL EQUITY | $625M |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $984M |
| Net Debt | $651M |
