| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.3B | — | $6.0B | — | 5.1% |
| Op. Income | -$126M | — | $131M | — | -196.2% |
| Gross Margin | 16.8% | — | 17.4% | — | -0.6pp |
| Net Margin | -2.1% | — | 1.2% | — | -3.3pp |
| EPS (Diluted) | $-0.60 | — | $0.32 | — | -287.5% |
| Free Cash Flow | -$141M | — | $93M | — | -251.6% |
| Item | Amount |
|---|---|
| REVENUE | $6.3B |
| Cost of Revenue | $5.3B |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.2B |
| Other Expenses | $0 |
| Operating Expenses | $1.2B |
| Cost & Expenses | $6.5B |
| OPERATING INCOME | -$126M |
| Interest Income | $0 |
| Interest Expense | $52M |
| Other Income/Expenses | -$46M |
| INCOME BEFORE TAX | -$172M |
| Income Tax Expense | -$40M |
| Net Income from Continuing Ops | -$132M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$132M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$132M |
| D&A | $101M |
| EBIT | -$120M |
| EBITDA | -$19M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$132M |
| Depreciation & Amortization | $101M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$17M |
| Other Non-Cash Items | $183M |
| Change in Working Capital | -$204M |
| OPERATING CASH FLOW | -$62M |
| Capital Expenditure | -$79M |
| Acquisitions (Net) | $5M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$74M |
| Net Debt Issuance | $1.1B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $5M |
| NET CASH FROM FINANCING | $1.1B |
| FREE CASH FLOW | -$141M |
| Net Change in Cash | $987M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $0 |
| Net Receivables | $1.3B |
| Inventory | $1.4B |
| Other Current Assets | $39M |
| TOTAL CURRENT ASSETS | $3.9B |
| PP&E (Net) | $2.1B |
| Goodwill | $4.7B |
| Intangible Assets | $948M |
| Long-Term Investments | $0 |
| Tax Assets | $7M |
| Other Non-Current Assets | $273M |
| TOTAL NON-CURRENT ASSETS | $8.1B |
| TOTAL ASSETS | $12.0B |
| Account Payables | $1.3B |
| Short-Term Debt | $305M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2.0B |
| Long-Term Debt | $5.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $296M |
| Other Non-Current Liabilities | $310M |
| TOTAL NON-CURRENT LIABILITIES | $6.4B |
| TOTAL LIABILITIES | $8.4B |
| Common Stock | $2M |
| Additional Paid-In Capital | $2.9B |
| Retained Earnings | $783M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$60M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.6B |
| TOTAL LIABILITIES & EQUITY | $12.0B |
| Total Debt | $6.1B |
| Net Debt | $5.0B |
