| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $317M | $368M | $372M | -13.9% | -14.8% |
| Op. Income | $10M | $33M | $104M | -69.1% | -90.3% |
| Gross Margin | 40.7% | 40.9% | 56.7% | -0.2pp | -16.0pp |
| Net Margin | -2.4% | 0.4% | -3.0% | -2.8pp | 0.6pp |
| EPS (Diluted) | $-0.05 | $0.01 | $-0.07 | -759.0% | 33.5% |
| Free Cash Flow | $70M | $50M | -$22M | 39.5% | 422.2% |
| Item | Amount |
|---|---|
| REVENUE | $317M |
| Cost of Revenue | $188M |
| GROSS PROFIT | $129M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $36M |
| SG&A Expenses | $36M |
| Other Expenses | $18.3K |
| Operating Expenses | $119M |
| Cost & Expenses | $307M |
| OPERATING INCOME | $10M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | -$7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$7M |
| D&A | $127M |
| EBIT | $11M |
| EBITDA | $138M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$7M |
| Depreciation & Amortization | $127M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $28M |
| Change in Working Capital | $12M |
| OPERATING CASH FLOW | $167M |
| Capital Expenditure | -$97M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$23M |
| NET CASH FROM INVESTING | -$120M |
| Net Debt Issuance | $6M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$72M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$66M |
| FREE CASH FLOW | $70M |
| Net Change in Cash | -$18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $0 |
| Net Receivables | $180M |
| Inventory | $12M |
| Other Current Assets | $34M |
| TOTAL CURRENT ASSETS | $254M |
| PP&E (Net) | $3.9B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $146M |
| Other Non-Current Assets | $16M |
| TOTAL NON-CURRENT ASSETS | $4.1B |
| TOTAL ASSETS | $4.4B |
| Account Payables | $227M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $62M |
| TOTAL CURRENT LIABILITIES | $289M |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $232M |
| Other Non-Current Liabilities | $483M |
| TOTAL NON-CURRENT LIABILITIES | $2.2B |
| TOTAL LIABILITIES | $2.5B |
| Common Stock | $3.0B |
| Additional Paid-In Capital | $53M |
| Retained Earnings | -$1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $33M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $4.4B |
| Total Debt | $1.5B |
| Net Debt | $1.5B |
