| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $498M | $496M | $519M | 0.4% | -4.2% |
| Op. Income | -$5M | -$10M | -$2M | 46.1% | -234.7% |
| Gross Margin | 9.9% | 8.5% | 9.2% | 1.4pp | 0.7pp |
| Net Margin | -5.1% | -7.1% | -12.7% | 2.0pp | 7.6pp |
| EPS (Diluted) | $-0.26 | $-0.36 | $-0.67 | 27.8% | 61.2% |
| Free Cash Flow | -$19M | $13M | -$10M | -246.0% | -77.8% |
| Item | Amount |
|---|---|
| REVENUE | $498M |
| Cost of Revenue | $449M |
| GROSS PROFIT | $49M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $54M |
| Other Expenses | $0 |
| Operating Expenses | $54M |
| Cost & Expenses | $503M |
| OPERATING INCOME | -$5M |
| Interest Income | $2M |
| Interest Expense | $11M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | -$18M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | -$26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$26M |
| D&A | $51M |
| EBIT | -$6M |
| EBITDA | $44M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$26M |
| Depreciation & Amortization | $51M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | $20M |
| OPERATING CASH FLOW | $39M |
| Capital Expenditure | -$58M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $6M |
| NET CASH FROM INVESTING | -$52M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $362.0K |
| NET CASH FROM FINANCING | $362.0K |
| FREE CASH FLOW | -$19M |
| Net Change in Cash | -$16M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $340M |
| Short-Term Investments | $10M |
| Net Receivables | $573M |
| Inventory | $199M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $946M |
| Goodwill | $410M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $362M |
| TOTAL NON-CURRENT ASSETS | $1.7B |
| TOTAL ASSETS | $2.9B |
| Account Payables | $102M |
| Short-Term Debt | $0 |
| Deferred Revenue | $95M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $510M |
| Long-Term Debt | $800M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $109M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.6B |
| Common Stock | $28M |
| Additional Paid-In Capital | $204M |
| Retained Earnings | $2.1B |
| Treasury Stock | -$682M |
| Accum. Other Comp. Income | -$366M |
| Other Equity | $6M |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $6M |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $2.9B |
| Total Debt | $982M |
| Net Debt | $642M |
