| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $767M | $852M | $789M | -10.0% | -2.7% |
| Op. Income | $17M | $40M | $33M | -56.9% | -48.1% |
| Gross Margin | 8.0% | 9.3% | 9.0% | -1.3pp | -0.9pp |
| Net Margin | 1.7% | 3.6% | 3.1% | -2.0pp | -1.5pp |
| EPS (Diluted) | $0.43 | $1.03 | $0.79 | -58.3% | -45.6% |
| Free Cash Flow | -$46M | $61M | -$31M | -175.9% | -50.1% |
| Item | Amount |
|---|---|
| REVENUE | $767M |
| Cost of Revenue | $706M |
| GROSS PROFIT | $61M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $38M |
| Other Expenses | $6M |
| Operating Expenses | $44M |
| Cost & Expenses | $750M |
| OPERATING INCOME | $17M |
| Interest Income | $533.0K |
| Interest Expense | $4M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $14M |
| EBIT | $18M |
| EBITDA | $32M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $767M |
| Cost of Revenue | $706M |
| GROSS PROFIT | $61M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $38M |
| Other Expenses | $6M |
| Operating Expenses | $44M |
| Cost & Expenses | $750M |
| OPERATING INCOME | $17M |
| Interest Income | $533.0K |
| Interest Expense | $4M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $14M |
| EBIT | $18M |
| EBITDA | $32M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $13M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $560.0K |
| Other Non-Cash Items | $6M |
| Change in Working Capital | -$69M |
| OPERATING CASH FLOW | -$29M |
| Capital Expenditure | -$17M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $411.0K |
| NET CASH FROM INVESTING | -$17M |
| Net Debt Issuance | $39M |
| Common Stock Repurchased | -$13M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $19M |
| FREE CASH FLOW | -$46M |
| Net Change in Cash | -$28M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $226M |
| Short-Term Investments | $0 |
| Net Receivables | $574M |
| Inventory | $766M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $456M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $14M |
| Other Non-Current Assets | $30M |
| TOTAL NON-CURRENT ASSETS | $500M |
| TOTAL ASSETS | $2.1B |
| Account Payables | $483M |
| Short-Term Debt | $108M |
| Deferred Revenue | $137M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $901M |
| Long-Term Debt | $186M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $6M |
| Other Non-Current Liabilities | $69M |
| TOTAL NON-CURRENT LIABILITIES | $302M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $534.0K |
| Additional Paid-In Capital | $607M |
| Retained Earnings | $1.2B |
| Treasury Stock | -$913M |
| Accum. Other Comp. Income | -$24M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $893M |
| Minority Interest | $0 |
| TOTAL EQUITY | $893M |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $334M |
| Net Debt | $108M |
