| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $366M | — | $298M | — | 22.7% |
| Op. Income | -$63M | — | -$85M | — | 26.3% |
| Gross Margin | 14.8% | — | 11.6% | — | 3.2pp |
| Net Margin | -19.5% | — | -26.7% | — | 7.2pp |
| EPS (Diluted) | $-1.28 | — | $-1.44 | — | 11.1% |
| Free Cash Flow | -$340M | — | -$246M | — | -38.2% |
| Item | Amount |
|---|---|
| REVENUE | $366M |
| Cost of Revenue | $312M |
| GROSS PROFIT | $54M |
| R&D Expenses | $9M |
| Selling & Marketing | $11M |
| General & Administrative | $92M |
| SG&A Expenses | $103M |
| Other Expenses | $5M |
| Operating Expenses | $117M |
| Cost & Expenses | $428M |
| OPERATING INCOME | -$63M |
| Interest Income | $0 |
| Interest Expense | $20M |
| Other Income/Expenses | -$33M |
| INCOME BEFORE TAX | -$95M |
| Income Tax Expense | -$24M |
| Net Income from Continuing Ops | -$71M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$71M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$71M |
| D&A | $22M |
| EBIT | -$75M |
| EBITDA | -$53M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$71M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $15M |
| Change in Working Capital | -$289M |
| OPERATING CASH FLOW | -$318M |
| Capital Expenditure | -$22M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$26M |
| Net Debt Issuance | $402M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$32M |
| Other Financing Activities | -$18M |
| NET CASH FROM FINANCING | $352M |
| FREE CASH FLOW | -$340M |
| Net Change in Cash | $9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $27M |
| Short-Term Investments | $0 |
| Net Receivables | $193M |
| Inventory | $866M |
| Other Current Assets | $43M |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $545M |
| Goodwill | $541M |
| Intangible Assets | $702M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $335M |
| TOTAL NON-CURRENT ASSETS | $2.1B |
| TOTAL ASSETS | $3.5B |
| Account Payables | $309M |
| Short-Term Debt | $94M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $207M |
| TOTAL CURRENT LIABILITIES | $610M |
| Long-Term Debt | $2.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $247M |
| TOTAL NON-CURRENT LIABILITIES | $2.2B |
| TOTAL LIABILITIES | $2.8B |
| Common Stock | $449M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.2B |
| Treasury Stock | -$903M |
| Accum. Other Comp. Income | -$91M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $625M |
| Minority Interest | $5M |
| TOTAL EQUITY | $629M |
| TOTAL LIABILITIES & EQUITY | $3.5B |
| Total Debt | $2.1B |
| Net Debt | $2.0B |
