| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.5B | $1.4B | 2.6% | 7.7% |
| Op. Income | $188M | $194M | $187M | -3.1% | 0.4% |
| Gross Margin | 29.0% | 29.3% | 29.4% | -0.3pp | -0.5pp |
| Net Margin | -12.8% | 6.8% | 3.2% | -19.6pp | -16.0pp |
| EPS (Diluted) | $-2.76 | $1.38 | $0.58 | -300.0% | -575.9% |
| Free Cash Flow | -$60M | $31M | -$91M | -291.6% | 34.2% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $433M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $245M |
| Other Expenses | -$300.0K |
| Operating Expenses | $245M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $188M |
| Interest Income | $0 |
| Interest Expense | $94M |
| Other Income/Expenses | -$421M |
| INCOME BEFORE TAX | -$233M |
| Income Tax Expense | -$47M |
| Net Income from Continuing Ops | -$186M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$191M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$191M |
| D&A | $92M |
| EBIT | -$129M |
| EBITDA | -$37M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$191M |
| Depreciation & Amortization | $92M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$78M |
| Other Non-Cash Items | $317M |
| Change in Working Capital | -$158M |
| OPERATING CASH FLOW | -$19M |
| Capital Expenditure | -$40M |
| Acquisitions (Net) | $2M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $51M |
| NET CASH FROM INVESTING | $13M |
| Net Debt Issuance | $646M |
| Common Stock Repurchased | -$206M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$50M |
| NET CASH FROM FINANCING | $391M |
| FREE CASH FLOW | -$60M |
| Net Change in Cash | $382M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $0 |
| Net Receivables | $551M |
| Inventory | $569M |
| Other Current Assets | $17M |
| TOTAL CURRENT ASSETS | $2.4B |
| PP&E (Net) | $1.7B |
| Goodwill | $4.4B |
| Intangible Assets | $3.3B |
| Long-Term Investments | $126M |
| Tax Assets | $771M |
| Other Non-Current Assets | -$438M |
| TOTAL NON-CURRENT ASSETS | $9.9B |
| TOTAL ASSETS | $12.2B |
| Account Payables | $317M |
| Short-Term Debt | $36M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $361M |
| TOTAL CURRENT LIABILITIES | $737M |
| Long-Term Debt | $7.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $771M |
| Other Non-Current Liabilities | $582M |
| TOTAL NON-CURRENT LIABILITIES | $8.6B |
| TOTAL LIABILITIES | $9.4B |
| Common Stock | $800.0K |
| Additional Paid-In Capital | $4.2B |
| Retained Earnings | $116M |
| Treasury Stock | -$1.3B |
| Accum. Other Comp. Income | -$67M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.9B |
| Minority Interest | -$42M |
| TOTAL EQUITY | $2.9B |
| TOTAL LIABILITIES & EQUITY | $12.2B |
| Total Debt | $7.3B |
| Net Debt | $6.2B |
