| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $705M | $871M | $975M | -19.0% | -27.7% |
| Op. Income | $1M | $43M | $120M | -96.7% | -98.8% |
| Gross Margin | 45.6% | 49.3% | 49.5% | -3.7pp | -3.8pp |
| Net Margin | -3.3% | 1.5% | 7.3% | -4.9pp | -10.6pp |
| EPS (Diluted) | $-0.21 | $0.12 | $0.59 | -275.0% | -135.6% |
| Free Cash Flow | $181M | -$17M | $73M | 1143.3% | 146.1% |
| Item | Amount |
|---|---|
| REVENUE | $705M |
| Cost of Revenue | $383M |
| GROSS PROFIT | $322M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $320M |
| Operating Expenses | $320M |
| Cost & Expenses | $704M |
| OPERATING INCOME | $1M |
| Interest Income | $0 |
| Interest Expense | $27M |
| Other Income/Expenses | -$27M |
| INCOME BEFORE TAX | -$26M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | -$24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$24M |
| D&A | $27M |
| EBIT | $7M |
| EBITDA | $34M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$24M |
| Depreciation & Amortization | $27M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $193M |
| OPERATING CASH FLOW | $198M |
| Capital Expenditure | -$18M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$18M |
| Net Debt Issuance | $300M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | $294M |
| FREE CASH FLOW | $181M |
| Net Change in Cash | $474M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $839M |
| Short-Term Investments | $0 |
| Net Receivables | $60M |
| Inventory | $816M |
| Other Current Assets | $49M |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $825M |
| Goodwill | $531M |
| Intangible Assets | $57M |
| Long-Term Investments | $308.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $21M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $3.2B |
| Account Payables | $240M |
| Short-Term Debt | $548M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $148M |
| TOTAL CURRENT LIABILITIES | $938M |
| Long-Term Debt | $1.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $80M |
| Other Non-Current Liabilities | $26M |
| TOTAL NON-CURRENT LIABILITIES | $2.3B |
| TOTAL LIABILITIES | $3.3B |
| Common Stock | $1M |
| Additional Paid-In Capital | $3M |
| Retained Earnings | $46M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$119M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$69M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$69M |
| TOTAL LIABILITIES & EQUITY | $3.2B |
| Total Debt | $2.8B |
| Net Debt | $1.9B |
