| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $263M | $317M | $242M | -17.2% | 8.7% |
| Op. Income | -$3M | $19M | -$19M | -114.0% | 85.9% |
| Gross Margin | 6.7% | 13.5% | 1.7% | -6.8pp | 5.0pp |
| Net Margin | -3.8% | 5.8% | -14.3% | -9.6pp | 10.4pp |
| EPS (Diluted) | $-0.69 | $1.17 | $-2.35 | -158.8% | 70.8% |
| Free Cash Flow | $46M | -$23M | $68M | 303.0% | -32.7% |
| Item | Amount |
|---|---|
| REVENUE | $263M |
| Cost of Revenue | $245M |
| GROSS PROFIT | $18M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $19M |
| SG&A Expenses | $19M |
| Other Expenses | $0 |
| Operating Expenses | $19M |
| Cost & Expenses | $264M |
| OPERATING INCOME | -$3M |
| Interest Income | $279.6K |
| Interest Expense | $17M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | -$15M |
| Income Tax Expense | -$5M |
| Net Income from Continuing Ops | -$10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$10M |
| D&A | $61M |
| EBIT | $7M |
| EBITDA | $59M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$10M |
| Depreciation & Amortization | $61M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | -$19M |
| Change in Working Capital | $48M |
| OPERATING CASH FLOW | $77M |
| Capital Expenditure | -$32M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $20M |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | -$80M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$80M |
| FREE CASH FLOW | $46M |
| Net Change in Cash | -$15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $59M |
| Short-Term Investments | $0 |
| Net Receivables | $229M |
| Inventory | $22M |
| Other Current Assets | $14M |
| TOTAL CURRENT ASSETS | $324M |
| PP&E (Net) | $2.2B |
| Goodwill | $0 |
| Intangible Assets | $24M |
| Long-Term Investments | $0 |
| Tax Assets | $9M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $2.2B |
| TOTAL ASSETS | $2.5B |
| Account Payables | $163M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $178M |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $36M |
| Other Non-Current Liabilities | $13M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $1.7B |
| Additional Paid-In Capital | $43M |
| Retained Earnings | -$705M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $102M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $2.5B |
| Total Debt | $1.2B |
| Net Debt | $1.1B |
