| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $556M | $547M | $548M | 1.6% | 1.5% |
| Op. Income | $81M | -$16M | $97M | 606.3% | -16.5% |
| Gross Margin | 58.3% | 34.7% | 54.9% | 23.5pp | 3.3pp |
| Net Margin | 9.4% | -3.1% | 11.1% | 12.5pp | -1.8pp |
| EPS (Diluted) | $0.58 | $-0.19 | $0.68 | 405.3% | -14.7% |
| Free Cash Flow | -$110M | -$93M | -$155M | -18.3% | 29.0% |
| Item | Amount |
|---|---|
| REVENUE | $556M |
| Cost of Revenue | $232M |
| GROSS PROFIT | $324M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $77M |
| Other Expenses | $166M |
| Operating Expenses | $243M |
| Cost & Expenses | $475M |
| OPERATING INCOME | $81M |
| Interest Income | $0 |
| Interest Expense | $34M |
| Other Income/Expenses | -$25M |
| INCOME BEFORE TAX | $56M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $52M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $52M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $52M |
| D&A | $134M |
| EBIT | $79M |
| EBITDA | $213M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $556M |
| Cost of Revenue | $232M |
| GROSS PROFIT | $324M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $77M |
| Other Expenses | $166M |
| Operating Expenses | $243M |
| Cost & Expenses | $475M |
| OPERATING INCOME | $81M |
| Interest Income | $0 |
| Interest Expense | $34M |
| Other Income/Expenses | -$25M |
| INCOME BEFORE TAX | $56M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $52M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $52M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $52M |
| D&A | $134M |
| EBIT | $79M |
| EBITDA | $213M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $52M |
| Depreciation & Amortization | $134M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$9M |
| Other Non-Cash Items | -$5M |
| Change in Working Capital | -$47M |
| OPERATING CASH FLOW | $125M |
| Capital Expenditure | -$235M |
| Acquisitions (Net) | $235M |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | -$238M |
| NET CASH FROM INVESTING | -$236M |
| Net Debt Issuance | $155M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$37M |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | $115M |
| FREE CASH FLOW | -$110M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $257M |
| Short-Term Investments | $0 |
| Net Receivables | $271M |
| Inventory | $72M |
| Other Current Assets | $64M |
| TOTAL CURRENT ASSETS | $721M |
| PP&E (Net) | $7.2B |
| Goodwill | $0 |
| Intangible Assets | $365M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $765M |
| TOTAL NON-CURRENT ASSETS | $8.3B |
| TOTAL ASSETS | $9.1B |
| Account Payables | $153M |
| Short-Term Debt | $310M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $232M |
| TOTAL CURRENT LIABILITIES | $815M |
| Long-Term Debt | $2.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $374M |
| Other Non-Current Liabilities | $2.2B |
| TOTAL NON-CURRENT LIABILITIES | $5.6B |
| TOTAL LIABILITIES | $6.5B |
| Common Stock | $1.2B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$11M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.6B |
| TOTAL LIABILITIES & EQUITY | $9.1B |
| Total Debt | $3.4B |
| Net Debt | $3.1B |
