| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.6B | $1.8B | $2.1B | -13.6% | -25.2% |
| Op. Income | $24M | $57M | $78M | -57.4% | -68.8% |
| Gross Margin | 6.8% | 7.3% | 7.2% | -0.6pp | -0.4pp |
| Net Margin | 0.3% | 2.1% | 1.9% | -1.8pp | -1.6pp |
| EPS (Diluted) | $0.07 | $0.53 | $0.57 | -86.8% | -87.7% |
| Free Cash Flow | $119M | -$7M | $70M | 1735.6% | 70.6% |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $1.5B |
| GROSS PROFIT | $107M |
| R&D Expenses | $6M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $62M |
| Other Expenses | $15M |
| Operating Expenses | $83M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $24M |
| Interest Income | $418.0K |
| Interest Expense | $6M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $28M |
| EBIT | $17M |
| EBITDA | $45M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $1.5B |
| GROSS PROFIT | $107M |
| R&D Expenses | $6M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $62M |
| Other Expenses | $15M |
| Operating Expenses | $83M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $24M |
| Interest Income | $418.0K |
| Interest Expense | $6M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $28M |
| EBIT | $17M |
| EBITDA | $45M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $28M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $9M |
| Change in Working Capital | $87M |
| OPERATING CASH FLOW | $136M |
| Capital Expenditure | -$16M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$16M |
| Net Debt Issuance | $630M |
| Common Stock Repurchased | -$64M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $566M |
| FREE CASH FLOW | $119M |
| Net Change in Cash | $684M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $0 |
| Net Receivables | $1.3B |
| Inventory | $884M |
| Other Current Assets | $39M |
| TOTAL CURRENT ASSETS | $3.4B |
| PP&E (Net) | $649M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $285M |
| Other Non-Current Assets | $63M |
| TOTAL NON-CURRENT ASSETS | $997M |
| TOTAL ASSETS | $4.4B |
| Account Payables | $1.1B |
| Short-Term Debt | $691M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $208M |
| TOTAL CURRENT LIABILITIES | $2.1B |
| Long-Term Debt | $338M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $234M |
| TOTAL NON-CURRENT LIABILITIES | $611M |
| TOTAL LIABILITIES | $2.7B |
| Common Stock | $6.3B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$3.8B |
| Treasury Stock | -$886M |
| Accum. Other Comp. Income | $36M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $4.4B |
| Total Debt | $1.1B |
| Net Debt | -$47M |
