| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.6B | $1.6B | $1.9B | -1.0% | -15.8% |
| Op. Income | $103M | $29M | $315M | 262.8% | -67.1% |
| Gross Margin | 13.9% | 7.8% | 17.1% | 6.1pp | -3.2pp |
| Net Margin | 2.8% | -1.3% | 10.4% | 4.1pp | -7.6pp |
| EPS (Diluted) | $0.27 | $-0.12 | $1.16 | 325.0% | -76.7% |
| Free Cash Flow | $100M | $43M | $224M | 134.2% | -55.3% |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $219M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $107M |
| Other Expenses | $9M |
| Operating Expenses | $116M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $103M |
| Interest Income | $200.0K |
| Interest Expense | $64M |
| Other Income/Expenses | -$60M |
| INCOME BEFORE TAX | $44M |
| Income Tax Expense | -$400.0K |
| Net Income from Continuing Ops | $44M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $44M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $44M |
| D&A | $156M |
| EBIT | $112M |
| EBITDA | $268M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $219M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $107M |
| Other Expenses | $9M |
| Operating Expenses | $116M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $103M |
| Interest Income | $200.0K |
| Interest Expense | $64M |
| Other Income/Expenses | -$60M |
| INCOME BEFORE TAX | $44M |
| Income Tax Expense | -$400.0K |
| Net Income from Continuing Ops | $44M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $44M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $44M |
| D&A | $156M |
| EBIT | $112M |
| EBITDA | $268M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $44M |
| Depreciation & Amortization | $156M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $6M |
| Other Non-Cash Items | -$21M |
| Change in Working Capital | -$14M |
| OPERATING CASH FLOW | $181M |
| Capital Expenditure | -$81M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$81M |
| Net Debt Issuance | $107M |
| Common Stock Repurchased | -$109M |
| Common Dividends Paid | -$33M |
| Other Financing Activities | -$14M |
| NET CASH FROM FINANCING | -$50M |
| FREE CASH FLOW | $100M |
| Net Change in Cash | $51M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $177M |
| Short-Term Investments | $0 |
| Net Receivables | $867M |
| Inventory | $701M |
| Other Current Assets | $24M |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $3.7B |
| Goodwill | $2.1B |
| Intangible Assets | $462M |
| Long-Term Investments | $0 |
| Tax Assets | $30M |
| Other Non-Current Assets | $1.2B |
| TOTAL NON-CURRENT ASSETS | $7.5B |
| TOTAL ASSETS | $9.2B |
| Account Payables | $648M |
| Short-Term Debt | $1M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $3.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $516M |
| Other Non-Current Liabilities | $1.4B |
| TOTAL NON-CURRENT LIABILITIES | $5.5B |
| TOTAL LIABILITIES | $6.6B |
| Common Stock | $160M |
| Additional Paid-In Capital | $2.1B |
| Retained Earnings | $1.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$673M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.7B |
| TOTAL LIABILITIES & EQUITY | $9.2B |
| Total Debt | $3.7B |
| Net Debt | $3.5B |
