| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.8B | $4.6B | — | 28.2% | — |
| Op. Income | $78M | -$59M | — | 232.2% | — |
| Gross Margin | 16.7% | 14.7% | — | 1.9pp | — |
| Net Margin | 0.1% | -2.0% | — | 2.2pp | — |
| EPS (Diluted) | $0.04 | $-0.42 | — | 108.7% | — |
| Free Cash Flow | -$260M | $780M | — | -133.3% | — |
| Item | Amount |
|---|---|
| REVENUE | $5.8B |
| Cost of Revenue | $4.9B |
| GROSS PROFIT | $974M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $873M |
| Other Expenses | $23M |
| Operating Expenses | $896M |
| Cost & Expenses | $5.8B |
| OPERATING INCOME | $78M |
| Interest Income | $0 |
| Interest Expense | $63M |
| Other Income/Expenses | -$57M |
| INCOME BEFORE TAX | $21M |
| 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 | -$2M |
| D&A | $109M |
| EBIT | $84M |
| EBITDA | $193M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $5.8B |
| Cost of Revenue | $4.9B |
| GROSS PROFIT | $974M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $873M |
| Other Expenses | $23M |
| Operating Expenses | $896M |
| Cost & Expenses | $5.8B |
| OPERATING INCOME | $78M |
| Interest Income | $0 |
| Interest Expense | $63M |
| Other Income/Expenses | -$57M |
| INCOME BEFORE TAX | $21M |
| 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 | -$2M |
| D&A | $109M |
| EBIT | $84M |
| EBITDA | $193M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $109M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | -$21M |
| Other Non-Cash Items | -$30M |
| Change in Working Capital | -$313M |
| OPERATING CASH FLOW | -$237M |
| Capital Expenditure | -$23M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $32M |
| NET CASH FROM INVESTING | $9M |
| Net Debt Issuance | -$434M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $5M |
| NET CASH FROM FINANCING | -$429M |
| FREE CASH FLOW | -$260M |
| Net Change in Cash | -$657M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.0B |
| Short-Term Investments | $0 |
| Net Receivables | $1.3B |
| Inventory | $1.3B |
| Other Current Assets | $39M |
| TOTAL CURRENT ASSETS | $3.8B |
| PP&E (Net) | $2.1B |
| Goodwill | $5.6B |
| Intangible Assets | $913M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $379M |
| TOTAL NON-CURRENT ASSETS | $9.0B |
| TOTAL ASSETS | $12.8B |
| Account Payables | $1.5B |
| Short-Term Debt | $308M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2.4B |
| Long-Term Debt | $5.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $250M |
| Other Non-Current Liabilities | $525M |
| TOTAL NON-CURRENT LIABILITIES | $6.4B |
| TOTAL LIABILITIES | $8.8B |
| Common Stock | $2M |
| Additional Paid-In Capital | $2.9B |
| Retained Earnings | $684M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$57M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.0B |
| TOTAL LIABILITIES & EQUITY | $12.8B |
| Total Debt | $5.9B |
| Net Debt | $4.9B |
