| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $834M | $885M | $1.1B | -5.8% | -26.7% |
| Op. Income | -$7M | $23M | $100M | -131.0% | -107.1% |
| Gross Margin | 16.4% | 19.1% | 20.9% | -2.7pp | -4.5pp |
| Net Margin | -3.0% | 2.8% | -5.9% | -5.8pp | 2.9pp |
| EPS (Diluted) | $-0.35 | $0.26 | $0.79 | -234.6% | -144.3% |
| Free Cash Flow | -$114M | $62M | -$276M | -285.2% | 58.8% |
| Item | Amount |
|---|---|
| REVENUE | $834M |
| Cost of Revenue | $697M |
| GROSS PROFIT | $137M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $144M |
| Other Expenses | -$200.0K |
| Operating Expenses | $144M |
| Cost & Expenses | $841M |
| OPERATING INCOME | -$7M |
| Interest Income | $900.0K |
| Interest Expense | $18M |
| Other Income/Expenses | -$18M |
| INCOME BEFORE TAX | -$26M |
| Income Tax Expense | -$800.0K |
| Net Income from Continuing Ops | -$25M |
| Net Income from Discontinued Ops | -$200.0K |
| Other Adjustments | $0 |
| NET INCOME | -$25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$25M |
| D&A | $12M |
| EBIT | -$8M |
| EBITDA | $4M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$25M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | -$12M |
| Change in Working Capital | -$76M |
| OPERATING CASH FLOW | -$89M |
| Capital Expenditure | -$25M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | -$20M |
| Net Debt Issuance | $169M |
| Common Stock Repurchased | -$55M |
| Common Dividends Paid | -$8M |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | $98M |
| FREE CASH FLOW | -$114M |
| Net Change in Cash | -$25M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $511M |
| Short-Term Investments | $0 |
| Net Receivables | $455M |
| Inventory | $823M |
| Other Current Assets | $176M |
| TOTAL CURRENT ASSETS | $2.0B |
| PP&E (Net) | $389M |
| Goodwill | $261M |
| Intangible Assets | $9M |
| Long-Term Investments | $98M |
| Tax Assets | $0 |
| Other Non-Current Assets | $392M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $3.1B |
| Account Payables | $455M |
| Short-Term Debt | $7M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $314M |
| TOTAL CURRENT LIABILITIES | $776M |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $215M |
| TOTAL NON-CURRENT LIABILITIES | $1.6B |
| TOTAL LIABILITIES | $2.3B |
| Common Stock | $900.0K |
| Additional Paid-In Capital | $822M |
| Retained Earnings | $736M |
| Treasury Stock | -$459M |
| Accum. Other Comp. Income | -$314M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $786M |
| Minority Interest | $0 |
| TOTAL EQUITY | $786M |
| TOTAL LIABILITIES & EQUITY | $3.1B |
| Total Debt | $1.3B |
| Net Debt | $834M |
