| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $404M | $408M | $365M | -0.8% | 10.9% |
| Op. Income | -$212M | $22M | $30M | -1083.3% | -805.6% |
| Gross Margin | 21.0% | 19.8% | 22.3% | 1.2pp | -1.3pp |
| Net Margin | -40.3% | 0.6% | 3.2% | -40.9pp | -43.5pp |
| EPS (Diluted) | $-1.81 | $0.03 | $0.18 | -6133.3% | -1105.6% |
| Free Cash Flow | $57M | -$32M | $58M | 277.1% | -2.9% |
| Item | Amount |
|---|---|
| REVENUE | $404M |
| Cost of Revenue | $319M |
| GROSS PROFIT | $85M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $14M |
| Other Expenses | $36M |
| Operating Expenses | $50M |
| Cost & Expenses | $369M |
| OPERATING INCOME | -$212M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | -$227M |
| Income Tax Expense | -$64M |
| Net Income from Continuing Ops | -$163M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$163M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$163M |
| D&A | $36M |
| EBIT | -$211M |
| EBITDA | -$175M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$163M |
| Depreciation & Amortization | $36M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$66M |
| Other Non-Cash Items | $242M |
| Change in Working Capital | $36M |
| OPERATING CASH FLOW | $85M |
| Capital Expenditure | -$28M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$28M |
| Net Debt Issuance | -$49M |
| Common Stock Repurchased | -$13M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$65M |
| FREE CASH FLOW | $57M |
| Net Change in Cash | -$9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $94M |
| Short-Term Investments | $0 |
| Net Receivables | $66M |
| Inventory | $157M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $321M |
| PP&E (Net) | $1.4B |
| Goodwill | $3M |
| Intangible Assets | $35M |
| Long-Term Investments | -$147M |
| Tax Assets | $147M |
| Other Non-Current Assets | $17M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $1.8B |
| Account Payables | $120M |
| Short-Term Debt | $3M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $34M |
| TOTAL CURRENT LIABILITIES | $185M |
| Long-Term Debt | $780M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $147M |
| Other Non-Current Liabilities | $89M |
| TOTAL NON-CURRENT LIABILITIES | $1.0B |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $1M |
| Additional Paid-In Capital | $711M |
| Retained Earnings | -$24M |
| Treasury Stock | -$154M |
| Accum. Other Comp. Income | -$14M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $521M |
| Minority Interest | $26M |
| TOTAL EQUITY | $547M |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $783M |
| Net Debt | $689M |
