| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $350M | $730M | $744M | -52.0% | -53.0% |
| Op. Income | -$156M | $66M | $144M | -335.7% | -208.5% |
| Gross Margin | -33.8% | 18.6% | 27.7% | -52.4pp | -61.4pp |
| Net Margin | -7.3% | 4.1% | 11.8% | -11.5pp | -19.2pp |
| EPS (Diluted) | $-0.51 | $0.59 | $1.71 | -186.4% | -129.8% |
| Free Cash Flow | $129M | $192M | $66M | -32.8% | 95.2% |
| Item | Amount |
|---|---|
| REVENUE | $350M |
| Cost of Revenue | $468M |
| GROSS PROFIT | -$118M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $38M |
| Other Expenses | $0 |
| Operating Expenses | $38M |
| Cost & Expenses | $506M |
| OPERATING INCOME | -$156M |
| Interest Income | $2M |
| Interest Expense | $31M |
| Other Income/Expenses | $123M |
| INCOME BEFORE TAX | -$33M |
| Income Tax Expense | -$8M |
| Net Income from Continuing Ops | -$26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$26M |
| D&A | $132M |
| EBIT | -$2M |
| EBITDA | $129M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$26M |
| Depreciation & Amortization | $132M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $115M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $223M |
| Capital Expenditure | -$93M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$239M |
| Sales/Maturities of Investments | $217M |
| Other Investing Activities | -$11M |
| NET CASH FROM INVESTING | -$126M |
| Net Debt Issuance | $73M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$7M |
| Other Financing Activities | -$133.0K |
| NET CASH FROM FINANCING | $66M |
| FREE CASH FLOW | $129M |
| Net Change in Cash | $163M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $452M |
| Short-Term Investments | $310M |
| Net Receivables | $61M |
| Inventory | $98M |
| Other Current Assets | $25M |
| TOTAL CURRENT ASSETS | $946M |
| PP&E (Net) | $5.6B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $191M |
| TOTAL NON-CURRENT ASSETS | $5.8B |
| TOTAL ASSETS | $6.8B |
| Account Payables | $322M |
| Short-Term Debt | $309M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $138M |
| TOTAL CURRENT LIABILITIES | $986M |
| Long-Term Debt | $2.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $626M |
| Other Non-Current Liabilities | $116M |
| TOTAL NON-CURRENT LIABILITIES | $3.6B |
| TOTAL LIABILITIES | $4.6B |
| Common Stock | $695M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $2.1B |
| Treasury Stock | -$617M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $307.0K |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $6.8B |
| Total Debt | $3.3B |
| Net Debt | $2.8B |
