| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.6B | $6.3B | $6.4B | -28.1% | -29.2% |
| Op. Income | -$59M | -$126M | $194M | 53.2% | -130.4% |
| Gross Margin | 14.7% | 16.8% | 17.7% | -2.1pp | -3.0pp |
| Net Margin | -2.0% | -2.1% | 1.8% | 0.1pp | -3.8pp |
| EPS (Diluted) | $-0.42 | $-0.60 | $0.53 | 30.0% | -179.2% |
| Free Cash Flow | $780M | -$141M | $191M | 653.2% | 308.4% |
| Item | Amount |
|---|---|
| REVENUE | $4.6B |
| Cost of Revenue | $3.9B |
| GROSS PROFIT | $671M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $714M |
| Other Expenses | $16M |
| Operating Expenses | $730M |
| Cost & Expenses | $4.6B |
| OPERATING INCOME | -$59M |
| Interest Income | $0 |
| Interest Expense | $63M |
| Other Income/Expenses | -$59M |
| INCOME BEFORE TAX | -$118M |
| Income Tax Expense | -$26M |
| Net Income from Continuing Ops | -$92M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$92M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$97M |
| D&A | $106M |
| EBIT | -$55M |
| EBITDA | $51M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$92M |
| Depreciation & Amortization | $106M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | -$27M |
| Other Non-Cash Items | -$67M |
| Change in Working Capital | $900M |
| OPERATING CASH FLOW | $832M |
| Capital Expenditure | -$52M |
| Acquisitions (Net) | -$978M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $8M |
| NET CASH FROM INVESTING | -$1.0B |
| Net Debt Issuance | $321M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $460M |
| NET CASH FROM FINANCING | $781M |
| FREE CASH FLOW | $780M |
| Net Change in Cash | $591M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.7B |
| Short-Term Investments | $0 |
| Net Receivables | $1.2B |
| Inventory | $1.3B |
| Other Current Assets | $46M |
| TOTAL CURRENT ASSETS | $4.4B |
| PP&E (Net) | $2.1B |
| Goodwill | $5.6B |
| Intangible Assets | $943M |
| Long-Term Investments | $0 |
| Tax Assets | $9M |
| Other Non-Current Assets | $405M |
| TOTAL NON-CURRENT ASSETS | $9.1B |
| TOTAL ASSETS | $13.5B |
| Account Payables | $1.9B |
| Short-Term Debt | $296M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2.7B |
| Long-Term Debt | $5.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $284M |
| Other Non-Current Liabilities | $464M |
| TOTAL NON-CURRENT LIABILITIES | $6.8B |
| TOTAL LIABILITIES | $9.5B |
| Common Stock | $2M |
| Additional Paid-In Capital | $2.9B |
| Retained Earnings | $686M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$59M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.0B |
| TOTAL LIABILITIES & EQUITY | $13.5B |
| Total Debt | $6.4B |
| Net Debt | $4.7B |
