| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $547M | $469M | $542M | 16.6% | 0.9% |
| Op. Income | -$16M | $71M | $88M | -122.5% | -118.2% |
| Gross Margin | 34.7% | 60.3% | 55.2% | -25.6pp | -20.4pp |
| Net Margin | -3.1% | 8.3% | 10.1% | -11.4pp | -13.3pp |
| EPS (Diluted) | $-0.19 | $0.43 | $0.61 | -144.2% | -131.1% |
| Free Cash Flow | -$93M | -$7M | $52M | -1228.6% | -278.8% |
| Item | Amount |
|---|---|
| REVENUE | $547M |
| Cost of Revenue | $357M |
| GROSS PROFIT | $190M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $64M |
| Other Expenses | $142M |
| Operating Expenses | $206M |
| Cost & Expenses | $563M |
| OPERATING INCOME | -$16M |
| Interest Income | $0 |
| Interest Expense | $35M |
| Other Income/Expenses | -$28M |
| INCOME BEFORE TAX | -$44M |
| Income Tax Expense | -$27M |
| Net Income from Continuing Ops | -$17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$17M |
| D&A | $108M |
| EBIT | -$17M |
| EBITDA | $91M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$17M |
| Depreciation & Amortization | $108M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$18M |
| Other Non-Cash Items | -$5M |
| Change in Working Capital | $18M |
| OPERATING CASH FLOW | $86M |
| Capital Expenditure | -$179M |
| Acquisitions (Net) | $179M |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | -$181M |
| NET CASH FROM INVESTING | -$181M |
| Net Debt Issuance | $75M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$34M |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | $45M |
| FREE CASH FLOW | -$93M |
| Net Change in Cash | -$50M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $253M |
| Short-Term Investments | $0 |
| Net Receivables | $250M |
| Inventory | $86M |
| Other Current Assets | $87M |
| TOTAL CURRENT ASSETS | $720M |
| PP&E (Net) | $7.4B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $778M |
| TOTAL NON-CURRENT ASSETS | $8.1B |
| TOTAL ASSETS | $8.9B |
| Account Payables | $139M |
| Short-Term Debt | $385M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $278M |
| TOTAL CURRENT LIABILITIES | $924M |
| Long-Term Debt | $2.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $378M |
| Other Non-Current Liabilities | $2.2B |
| TOTAL NON-CURRENT LIABILITIES | $5.3B |
| TOTAL LIABILITIES | $6.3B |
| 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 | $8.9B |
| Total Debt | $3.2B |
| Net Debt | $2.9B |
