| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.4B | $1.6B | -12.9% | -22.1% |
| Op. Income | -$96M | -$48M | $29M | -101.7% | -436.1% |
| Gross Margin | 0.4% | 3.6% | 7.8% | -3.1pp | -7.4pp |
| Net Margin | -9.7% | -5.6% | -1.3% | -4.1pp | -8.4pp |
| EPS (Diluted) | $-0.76 | $-0.51 | $-0.12 | -49.0% | -533.3% |
| Free Cash Flow | $33M | -$144M | $43M | 122.7% | -23.4% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $6M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $95M |
| Other Expenses | $7M |
| Operating Expenses | $101M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | -$96M |
| Interest Income | $200.0K |
| Interest Expense | $69M |
| Other Income/Expenses | -$64M |
| INCOME BEFORE TAX | -$160M |
| Income Tax Expense | -$40M |
| Net Income from Continuing Ops | -$120M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$120M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$120M |
| D&A | $137M |
| EBIT | -$89M |
| EBITDA | $47M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$120M |
| Depreciation & Amortization | $137M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$46M |
| Other Non-Cash Items | $300.0K |
| Change in Working Capital | $128M |
| OPERATING CASH FLOW | $103M |
| Capital Expenditure | -$71M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$537M |
| NET CASH FROM INVESTING | -$607M |
| Net Debt Issuance | $588M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$32M |
| Other Financing Activities | -$9M |
| NET CASH FROM FINANCING | $547M |
| FREE CASH FLOW | $33M |
| Net Change in Cash | $43M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $238M |
| Short-Term Investments | $0 |
| Net Receivables | $718M |
| Inventory | $619M |
| Other Current Assets | $42M |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $3.6B |
| Goodwill | $2.1B |
| Intangible Assets | $1.6B |
| Long-Term Investments | $2M |
| Tax Assets | $38M |
| Other Non-Current Assets | $40M |
| TOTAL NON-CURRENT ASSETS | $7.4B |
| TOTAL ASSETS | $9.0B |
| Account Payables | $521M |
| Short-Term Debt | $79M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $319M |
| TOTAL CURRENT LIABILITIES | $926M |
| Long-Term Debt | $4.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $415M |
| Other Non-Current Liabilities | $1.1B |
| TOTAL NON-CURRENT LIABILITIES | $5.9B |
| TOTAL LIABILITIES | $6.8B |
| Common Stock | $158M |
| Additional Paid-In Capital | $2.1B |
| Retained Earnings | $678M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$774M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.2B |
| TOTAL LIABILITIES & EQUITY | $9.0B |
| Total Debt | $4.5B |
| Net Debt | $4.2B |
