| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $469M | $573M | $460M | -18.2% | 2.0% |
| Op. Income | $71M | $133M | $57M | -46.6% | 24.6% |
| Gross Margin | 60.3% | 60.6% | 58.5% | -0.2pp | 1.9pp |
| Net Margin | 8.3% | 14.1% | 5.4% | -5.8pp | 2.9pp |
| EPS (Diluted) | $0.43 | $0.91 | $0.28 | -52.7% | 53.6% |
| Free Cash Flow | -$7M | -$7M | $37M | 0.0% | -118.9% |
| Item | Amount |
|---|---|
| REVENUE | $469M |
| Cost of Revenue | $186M |
| GROSS PROFIT | $283M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $75M |
| Other Expenses | $137M |
| Operating Expenses | $212M |
| Cost & Expenses | $398M |
| OPERATING INCOME | $71M |
| Interest Income | $0 |
| Interest Expense | $34M |
| Other Income/Expenses | -$27M |
| INCOME BEFORE TAX | $44M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $39M |
| D&A | $104M |
| EBIT | $70M |
| EBITDA | $174M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $469M |
| Cost of Revenue | $186M |
| GROSS PROFIT | $283M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $75M |
| Other Expenses | $137M |
| Operating Expenses | $212M |
| Cost & Expenses | $398M |
| OPERATING INCOME | $71M |
| Interest Income | $0 |
| Interest Expense | $34M |
| Other Income/Expenses | -$27M |
| INCOME BEFORE TAX | $44M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $39M |
| D&A | $104M |
| EBIT | $70M |
| EBITDA | $174M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $39M |
| Depreciation & Amortization | $104M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $25M |
| Change in Working Capital | $36M |
| OPERATING CASH FLOW | $201M |
| Capital Expenditure | -$208M |
| Acquisitions (Net) | $208M |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | -$213M |
| NET CASH FROM INVESTING | -$213M |
| Net Debt Issuance | $330M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$35M |
| Other Financing Activities | -$10M |
| NET CASH FROM FINANCING | $285M |
| FREE CASH FLOW | -$7M |
| Net Change in Cash | $273M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $303M |
| Short-Term Investments | $0 |
| Net Receivables | $204M |
| Inventory | $109M |
| Other Current Assets | $83M |
| TOTAL CURRENT ASSETS | $736M |
| PP&E (Net) | $7.3B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $768M |
| TOTAL NON-CURRENT ASSETS | $8.1B |
| TOTAL ASSETS | $8.8B |
| Account Payables | $134M |
| Short-Term Debt | $290M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $239M |
| TOTAL CURRENT LIABILITIES | $769M |
| Long-Term Debt | $2.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $385M |
| Other Non-Current Liabilities | $2.2B |
| TOTAL NON-CURRENT LIABILITIES | $5.4B |
| TOTAL LIABILITIES | $6.2B |
| Common Stock | $1.2B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$9M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.6B |
| TOTAL LIABILITIES & EQUITY | $8.8B |
| Total Debt | $3.1B |
| Net Debt | $2.8B |
