| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $359M | $494M | $589M | -27.4% | -39.0% |
| Op. Income | -$21M | -$176M | $21M | 87.9% | -201.6% |
| Gross Margin | 23.2% | 25.5% | 26.9% | -2.3pp | -3.7pp |
| Net Margin | -2.3% | -30.4% | 3.3% | 28.2pp | -5.6pp |
| EPS (Diluted) | $-0.23 | $-4.04 | $0.49 | 94.3% | -146.9% |
| Free Cash Flow | $71M | $21M | $10M | 246.3% | 594.3% |
| Item | Amount |
|---|---|
| REVENUE | $359M |
| Cost of Revenue | $276M |
| GROSS PROFIT | $83M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $97M |
| Other Expenses | $7M |
| Operating Expenses | $104M |
| Cost & Expenses | $380M |
| OPERATING INCOME | -$21M |
| Interest Income | $2M |
| Interest Expense | $2M |
| Other Income/Expenses | -$412.0K |
| INCOME BEFORE TAX | -$22M |
| Income Tax Expense | -$13M |
| Net Income from Continuing Ops | -$8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$8M |
| D&A | $7M |
| EBIT | -$21M |
| EBITDA | -$14M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$8M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $74M |
| OPERATING CASH FLOW | $76M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $5M |
| Purchases of Investments | -$12M |
| Sales/Maturities of Investments | $10M |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | -$249M |
| Common Stock Repurchased | -$162.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$623.0K |
| NET CASH FROM FINANCING | -$249M |
| FREE CASH FLOW | $71M |
| Net Change in Cash | -$178M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $92M |
| Short-Term Investments | $0 |
| Net Receivables | $242M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $360M |
| PP&E (Net) | $105M |
| Goodwill | $94M |
| Intangible Assets | $33M |
| Long-Term Investments | $0 |
| Tax Assets | $30M |
| Other Non-Current Assets | $281M |
| TOTAL NON-CURRENT ASSETS | $543M |
| TOTAL ASSETS | $903M |
| Account Payables | $46M |
| Short-Term Debt | $27M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $76M |
| TOTAL CURRENT LIABILITIES | $220M |
| Long-Term Debt | $18M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $227M |
| TOTAL NON-CURRENT LIABILITIES | $270M |
| TOTAL LIABILITIES | $490M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $431M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$18M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $413M |
| Minority Interest | $0 |
| TOTAL EQUITY | $413M |
| TOTAL LIABILITIES & EQUITY | $903M |
| Total Debt | $85M |
| Net Debt | -$7M |
