2021 Q1 Form 10-Q Financial Statement
#000167770321000028 Filed on May 05, 2021
Income Statement
Concept | 2021 Q1 | 2020 Q4 | 2020 Q1 |
---|---|---|---|
Revenue | $1.028B | $1.055B | $1.051B |
YoY Change | -2.19% | -4.0% | -9.24% |
Cost Of Revenue | $787.0M | $803.0M | $832.0M |
YoY Change | -5.41% | -5.53% | -8.17% |
Gross Profit | $241.0M | $252.0M | $219.0M |
YoY Change | 10.05% | 1.2% | -13.1% |
Gross Profit Margin | 23.44% | 23.89% | 20.84% |
Selling, General & Admin | $126.0M | $119.0M | $116.0M |
YoY Change | 8.62% | 0.0% | -8.66% |
% of Gross Profit | 52.28% | 47.22% | 52.97% |
Research & Development | $0.00 | $0.00 | $1.000M |
YoY Change | -100.0% | -100.0% | -66.67% |
% of Gross Profit | 0.0% | 0.0% | 0.46% |
Depreciation & Amortization | $95.00M | $115.0M | $117.0M |
YoY Change | -18.8% | -1.71% | 1.74% |
% of Gross Profit | 39.42% | 45.63% | 53.42% |
Operating Expenses | $126.0M | $235.0M | $117.0M |
YoY Change | 7.69% | -0.42% | -10.0% |
Operating Profit | $115.0M | $17.00M | $102.0M |
YoY Change | 12.75% | 30.77% | -16.39% |
Interest Expense | $13.00M | -$14.00M | $17.00M |
YoY Change | -23.53% | -22.22% | -15.0% |
% of Operating Profit | 11.3% | -82.35% | 16.67% |
Other Income/Expense, Net | |||
YoY Change | |||
Pretax Income | -$9.000M | -$11.00M | -$51.00M |
YoY Change | -82.35% | -98.27% | -84.91% |
Income Tax | $2.000M | $0.00 | -$2.000M |
% Of Pretax Income | |||
Net Earnings | -$11.00M | -$11.00M | -$49.00M |
YoY Change | -77.55% | -98.11% | -84.09% |
Net Earnings / Revenue | -1.07% | -1.04% | -4.66% |
Basic Earnings Per Share | -$0.06 | -$0.24 | |
Diluted Earnings Per Share | -$0.06 | -$52.33K | -$0.24 |
COMMON SHARES | |||
Basic Shares Outstanding | 212.3M shares | 209.3M shares | 211.1M shares |
Diluted Shares Outstanding | 212.3M shares | 211.1M shares |
Balance Sheet
Concept | 2021 Q1 | 2020 Q4 | 2020 Q1 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $389.0M | $450.0M | $395.0M |
YoY Change | -1.52% | -9.27% | -24.04% |
Cash & Equivalents | $389.0M | $450.0M | $395.0M |
Short-Term Investments | |||
Other Short-Term Assets | $334.0M | $306.0M | $318.0M |
YoY Change | 5.03% | 8.13% | 8.16% |
Inventory | |||
Prepaid Expenses | |||
Receivables | $664.0M | $670.0M | $690.0M |
Other Receivables | $53.00M | $53.00M | $52.00M |
Total Short-Term Assets | $1.551B | $1.577B | $1.572B |
YoY Change | -1.34% | -0.57% | -14.15% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $281.0M | $305.0M | $321.0M |
YoY Change | -12.46% | -10.82% | -4.46% |
Goodwill | $1.513B | $1.528B | $1.486B |
YoY Change | 1.82% | 1.73% | -53.14% |
Intangibles | $147.0M | $187.0M | $366.0M |
YoY Change | -59.84% | -56.1% | -41.63% |
Long-Term Investments | |||
YoY Change | |||
Other Assets | $413.0M | $413.0M | $384.0M |
YoY Change | 7.55% | 6.72% | 6.67% |
Total Long-Term Assets | $2.599B | $2.679B | $2.822B |
YoY Change | -7.9% | -8.5% | -41.6% |
TOTAL ASSETS | |||
Total Short-Term Assets | $1.551B | $1.577B | $1.572B |
Total Long-Term Assets | $2.599B | $2.679B | $2.822B |
Total Assets | $4.150B | $4.256B | $4.394B |
YoY Change | -5.55% | -5.72% | -34.05% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $167.0M | $182.0M | $168.0M |
YoY Change | -0.6% | -8.08% | -46.33% |
Accrued Expenses | $524.0M | $547.0M | $523.0M |
YoY Change | 0.19% | -4.7% | -7.92% |
Deferred Revenue | $128.0M | $133.0M | $109.0M |
YoY Change | 17.43% | 23.15% | 5.83% |
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $89.00M | $90.00M | $60.00M |
YoY Change | 48.33% | 80.0% | 13.21% |
Total Short-Term Liabilities | $1.045B | $1.092B | $1.023B |
YoY Change | 2.15% | -7.22% | -28.66% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $1.388B | $1.420B | $1.596B |
YoY Change | -13.03% | -3.01% | 6.68% |
Other Long-Term Liabilities | $106.0M | $108.0M | $81.00M |
YoY Change | 30.86% | 18.68% | -18.18% |
Total Long-Term Liabilities | $106.0M | $108.0M | $81.00M |
YoY Change | 30.86% | 18.68% | -18.18% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $1.045B | $1.092B | $1.023B |
Total Long-Term Liabilities | $106.0M | $108.0M | $81.00M |
Total Liabilities | $2.840B | $2.924B | $3.032B |
YoY Change | -6.33% | -4.82% | -15.64% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$2.326B | -$2.313B | -$2.236B |
YoY Change | 4.03% | 5.86% | 305.81% |
Common Stock | $2.000M | $2.000M | $2.000M |
YoY Change | 0.0% | 0.0% | 0.0% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $1.168B | $1.190B | $1.220B |
YoY Change | |||
Total Liabilities & Shareholders Equity | $4.150B | $4.256B | $4.394B |
YoY Change | -5.55% | -5.72% | -34.05% |
Cashflow Statement
Concept | 2021 Q1 | 2020 Q4 | 2020 Q1 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$11.00M | -$11.00M | -$49.00M |
YoY Change | -77.55% | -98.11% | -84.09% |
Depreciation, Depletion And Amortization | $95.00M | $115.0M | $117.0M |
YoY Change | -18.8% | -1.71% | 1.74% |
Cash From Operating Activities | -$2.000M | $172.0M | -$192.0M |
YoY Change | -98.96% | -50.57% | 291.84% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $14.00M | -$44.00M | $11.00M |
YoY Change | 27.27% | -22.81% | -79.25% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $1.000M | $2.000M | $1.000M |
YoY Change | 0.0% | -101.02% | |
Cash From Investing Activities | -$29.00M | -$42.00M | -$23.00M |
YoY Change | 26.09% | -26.32% | -86.31% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | $23.00M | $15.00M | |
YoY Change | 53.33% | 7.14% | |
Cash From Financing Activities | -$25.00M | -173.0M | $130.0M |
YoY Change | -119.23% | 592.0% | -690.91% |
NET CHANGE | |||
Cash From Operating Activities | -$2.000M | 172.0M | -$192.0M |
Cash From Investing Activities | -$29.00M | -42.00M | -$23.00M |
Cash From Financing Activities | -$25.00M | -173.0M | $130.0M |
Net Change In Cash | -$59.00M | -43.00M | -$92.00M |
YoY Change | -35.87% | -116.17% | -61.18% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$2.000M | $172.0M | -$192.0M |
Capital Expenditures | $14.00M | -$44.00M | $11.00M |
Free Cash Flow | -$16.00M | $216.0M | -$203.0M |
YoY Change | -92.12% | -46.67% | 99.02% |
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|
142000000 | USD |
CY2021Q1 | us-gaap |
Common Stock Value
CommonStockValue
|
2000000 | USD |
CY2020Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
2000000 | USD |
CY2021Q1 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
3902000000 | USD |
CY2020Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
3899000000 | USD |
CY2021Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-2326000000 | USD |
CY2020Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-2313000000 | USD |
CY2021Q1 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-410000000 | USD |
CY2020Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-398000000 | USD |
CY2021Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1168000000 | USD |
CY2020Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1190000000 | USD |
CY2021Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
4150000000 | USD |
CY2020Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
4256000000 | USD |
CY2021Q1 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
212389000 | shares |
CY2020Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
212074000 | shares |
CY2021Q1 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
120000 | shares |
CY2020Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
120000 | shares |
CY2021Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-11000000 | USD |
CY2020Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-49000000 | USD |
CY2021Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
95000000 | USD |
CY2020Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
117000000 | USD |
CY2021Q1 | us-gaap |
Deferred Sales Inducements Amortization Expense
DeferredSalesInducementsAmortizationExpense
|
0 | USD |
CY2020Q1 | us-gaap |
Deferred Sales Inducements Amortization Expense
DeferredSalesInducementsAmortizationExpense
|
1000000 | USD |
CY2021Q1 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-1000000 | USD |
CY2020Q1 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-9000000 | USD |
CY2021Q1 | us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
0 | USD |
CY2020Q1 | us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
1000000 | USD |
CY2021Q1 | us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
2000000 | USD |
CY2020Q1 | us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
2000000 | USD |
CY2021Q1 | us-gaap |
Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
|
-1000000 | USD |
CY2020Q1 | us-gaap |
Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
|
0 | USD |
CY2021Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
3000000 | USD |
CY2020Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
4000000 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-2000000 | USD |
CY2020Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
42000000 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
58000000 | USD |
CY2020Q1 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
42000000 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-39000000 | USD |
CY2020Q1 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-51000000 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Restructuring Reserve
IncreaseDecreaseInRestructuringReserve
|
1000000 | USD |
CY2020Q1 | us-gaap |
Increase Decrease In Restructuring Reserve
IncreaseDecreaseInRestructuringReserve
|
-7000000 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-1000000 | USD |
CY2020Q1 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-131000000 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
|
4000000 | USD |
CY2020Q1 | us-gaap |
Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
|
16000000 | USD |
CY2021Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-2000000 | USD |
CY2020Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-192000000 | USD |
CY2021Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
14000000 | USD |
CY2020Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
11000000 | USD |
CY2021Q1 | us-gaap |
Payments To Develop Software
PaymentsToDevelopSoftware
|
16000000 | USD |
CY2020Q1 | us-gaap |
Payments To Develop Software
PaymentsToDevelopSoftware
|
13000000 | USD |
CY2021Q1 | cndt |
Proceeds Payments Related To Divestitures Including Cash Sold
ProceedsPaymentsRelatedToDivestituresIncludingCashSold
|
1000000 | USD |
CY2020Q1 | cndt |
Proceeds Payments Related To Divestitures Including Cash Sold
ProceedsPaymentsRelatedToDivestituresIncludingCashSold
|
1000000 | USD |
CY2021Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-29000000 | USD |
CY2020Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-23000000 | USD |
CY2021Q1 | us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
0 | USD |
CY2020Q1 | us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
150000000 | USD |
CY2021Q1 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
23000000 | USD |
CY2020Q1 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
15000000 | USD |
CY2021Q1 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
0 | USD |
CY2020Q1 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
3000000 | USD |
CY2021Q1 | us-gaap |
Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
|
2000000 | USD |
CY2020Q1 | us-gaap |
Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
|
2000000 | USD |
CY2021Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-25000000 | USD |
CY2020Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
130000000 | USD |
CY2021Q1 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-3000000 | USD |
CY2020Q1 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-7000000 | USD |
CY2021Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-59000000 | USD |
CY2020Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-92000000 | USD |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
458000000 | USD |
CY2019Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
505000000 | USD |
CY2021Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
399000000 | USD |
CY2020Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
413000000 | USD |
CY2021Q1 | us-gaap |
Restricted Cash
RestrictedCash
|
10000000 | USD |
CY2020Q1 | us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
42000000 | USD |
CY2020Q1 | us-gaap |
Restricted Cash
RestrictedCash
|
18000000 | USD |
CY2021Q1 | us-gaap |
Preferred Stock Dividend Rate Per Dollar Amount
PreferredStockDividendRatePerDollarAmount
|
20 | |
CY2020Q1 | us-gaap |
Preferred Stock Dividend Rate Per Dollar Amount
PreferredStockDividendRatePerDollarAmount
|
20 | |
CY2021Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
1028000000 | USD |
CY2020Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
1051000000 | USD |
CY2021Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
1028000000 | USD |
CY2020Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
1051000000 | USD |
CY2021Q1 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
1200000000 | USD |
CY2021Q1 | us-gaap |
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
|
P2Y | |
CY2021Q1 | us-gaap |
Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
|
164000000 | USD |
CY2020Q4 | us-gaap |
Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
|
151000000 | USD |
CY2021Q1 | us-gaap |
Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
|
11000000 | USD |
CY2020Q4 | us-gaap |
Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
|
13000000 | USD |
CY2021Q1 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
128000000 | USD |
CY2020Q4 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
133000000 | USD |
CY2021Q1 | us-gaap |
Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
|
33000000 | USD |
CY2020Q4 | us-gaap |
Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
|
29000000 | USD |
CY2021Q1 | us-gaap |
Contract With Customer Asset Net
ContractWithCustomerAssetNet
|
14000000 | USD |
CY2020Q4 | us-gaap |
Contract With Customer Asset Net
ContractWithCustomerAssetNet
|
2000000 | USD |
CY2021Q1 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
664000000 | USD |
CY2020Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
670000000 | USD |
CY2021Q1 | us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
58000000 | USD |
CY2021Q1 | us-gaap |
Revenues
Revenues
|
1028000000 | USD |
CY2021Q1 | cndt |
Segment Profit Loss
SegmentProfitLoss
|
60000000 | USD |
CY2021Q1 | cndt |
Depreciationand Amortizationexcluding Amortizationof Acquired Intangible Assets
DepreciationandAmortizationexcludingAmortizationofAcquiredIntangibleAssets
|
55000000 | USD |
CY2021Q1 | cndt |
Segment Adjusted Ebitda
SegmentAdjustedEBITDA
|
115000000 | USD |
CY2020Q1 | us-gaap |
Revenues
Revenues
|
1051000000 | USD |
CY2020Q1 | cndt |
Segment Profit Loss
SegmentProfitLoss
|
45000000 | USD |
CY2020Q1 | cndt |
Depreciationand Amortizationexcluding Amortizationof Acquired Intangible Assets
DepreciationandAmortizationexcludingAmortizationofAcquiredIntangibleAssets
|
58000000 | USD |
CY2020Q1 | cndt |
Segment Adjusted Ebitda
SegmentAdjustedEBITDA
|
96000000 | USD |
CY2021Q1 | us-gaap |
Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
|
0 | USD |
CY2021Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
-9000000 | USD |
CY2020Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
-51000000 | USD |
CY2021Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
40000000 | USD |
CY2020Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
60000000 | USD |
CY2021Q1 | us-gaap |
Restructuring And Related Cost Incurred Cost
RestructuringAndRelatedCostIncurredCost
|
13000000 | USD |
CY2020Q1 | us-gaap |
Restructuring And Related Cost Incurred Cost
RestructuringAndRelatedCostIncurredCost
|
7000000 | USD |
CY2021Q1 | us-gaap |
Interest Expense
InterestExpense
|
13000000 | USD |
CY2020Q1 | us-gaap |
Interest Expense
InterestExpense
|
17000000 | USD |
CY2021Q1 | us-gaap |
Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
|
-2000000 | USD |
CY2020Q1 | us-gaap |
Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
|
-4000000 | USD |
CY2021Q1 | us-gaap |
Litigation Settlement Expense
LitigationSettlementExpense
|
1000000 | USD |
CY2020Q1 | us-gaap |
Litigation Settlement Expense
LitigationSettlementExpense
|
6000000 | USD |
CY2020Q1 | us-gaap |
Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
|
-2000000 | USD |
CY2021Q1 | cndt |
Segment Profit Loss
SegmentProfitLoss
|
60000000 | USD |
CY2020Q1 | cndt |
Segment Profit Loss
SegmentProfitLoss
|
45000000 | USD |
CY2021Q1 | cndt |
Depreciationand Amortizationexcluding Amortizationof Acquired Intangible Assets
DepreciationandAmortizationexcludingAmortizationofAcquiredIntangibleAssets
|
55000000 | USD |
CY2020Q1 | cndt |
Depreciationand Amortizationexcluding Amortizationof Acquired Intangible Assets
DepreciationandAmortizationexcludingAmortizationofAcquiredIntangibleAssets
|
58000000 | USD |
CY2021Q1 | cndt |
California Medicaid Management Information System Mmis
CaliforniaMedicaidManagementInformationSystemMMIS
|
0 | USD |
CY2020Q1 | cndt |
California Medicaid Management Information System Mmis
CaliforniaMedicaidManagementInformationSystemMMIS
|
-7000000 | USD |
CY2021Q1 | cndt |
Segment Adjusted Ebitda
SegmentAdjustedEBITDA
|
115000000 | USD |
CY2020Q1 | cndt |
Segment Adjusted Ebitda
SegmentAdjustedEBITDA
|
96000000 | USD |
CY2020Q4 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
6000000 | USD |
CY2021Q1 | us-gaap |
Restructuring Charges
RestructuringCharges
|
11000000 | USD |
CY2021Q1 | us-gaap |
Restructuring Reserve Accrual Adjustment1
RestructuringReserveAccrualAdjustment1
|
1000000 | USD |
CY2021Q1 | cndt |
Restructuring Net Current Period Charges
RestructuringNetCurrentPeriodCharges
|
12000000 | USD |
CY2021Q1 | us-gaap |
Payments For Restructuring
PaymentsForRestructuring
|
15000000 | USD |
CY2021Q1 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
3000000 | USD |
CY2019Q4 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
21000000 | USD |
CY2020Q1 | us-gaap |
Restructuring Charges
RestructuringCharges
|
4000000 | USD |
CY2020Q1 | us-gaap |
Restructuring Reserve Accrual Adjustment1
RestructuringReserveAccrualAdjustment1
|
1000000 | USD |
CY2020Q1 | cndt |
Restructuring Net Current Period Charges
RestructuringNetCurrentPeriodCharges
|
5000000 | USD |
CY2020Q1 | us-gaap |
Payments For Restructuring
PaymentsForRestructuring
|
14000000 | USD |
CY2020Q1 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
12000000 | USD |
CY2021Q1 | cndt |
Strategictransformationcosts
Strategictransformationcosts
|
1000000 | USD |
CY2020Q1 | cndt |
Strategictransformationcosts
Strategictransformationcosts
|
2000000 | USD |
CY2021Q1 | cndt |
Restructuring Net Current Period Charges
RestructuringNetCurrentPeriodCharges
|
12000000 | USD |
CY2020Q1 | cndt |
Restructuring Net Current Period Charges
RestructuringNetCurrentPeriodCharges
|
5000000 | USD |
CY2021Q1 | us-gaap |
Capital Lease Obligations
CapitalLeaseObligations
|
17000000 | USD |
CY2020Q4 | us-gaap |
Capital Lease Obligations
CapitalLeaseObligations
|
20000000 | USD |
CY2021Q1 | us-gaap |
Other Long Term Debt
OtherLongTermDebt
|
4000000 | USD |
CY2020Q4 | us-gaap |
Other Long Term Debt
OtherLongTermDebt
|
4000000 | USD |
CY2021Q1 | cndt |
Long Term Debt Gross And Capital Lease Obligations
LongTermDebtGrossAndCapitalLeaseObligations
|
1493000000 | USD |
CY2020Q4 | cndt |
Long Term Debt Gross And Capital Lease Obligations
LongTermDebtGrossAndCapitalLeaseObligations
|
1528000000 | USD |
CY2021Q1 | us-gaap |
Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
|
16000000 | USD |
CY2020Q4 | us-gaap |
Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
|
18000000 | USD |
CY2021Q1 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
89000000 | USD |
CY2020Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
90000000 | USD |
CY2021Q1 | cndt |
Long Term Debt Excluding Current Maturities And Capital Lease Obligations
LongTermDebtExcludingCurrentMaturitiesAndCapitalLeaseObligations
|
1388000000 | USD |
CY2020Q4 | cndt |
Long Term Debt Excluding Current Maturities And Capital Lease Obligations
LongTermDebtExcludingCurrentMaturitiesAndCapitalLeaseObligations
|
1420000000 | USD |
CY2021Q1 | us-gaap |
Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
|
7000000 | USD |
CY2020Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-398000000 | USD |
CY2021Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-12000000 | USD |
CY2021Q1 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-410000000 | USD |
CY2019Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-407000000 | USD |
CY2020Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-30000000 | USD |
CY2020Q1 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-437000000 | USD |
CY2016Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
120000 | shares |
CY2016Q4 | us-gaap |
Preferred Stock Liquidation Preference Value
PreferredStockLiquidationPreferenceValue
|
120000000 | USD |
CY2016Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
142000000 | USD |
CY2016 | us-gaap |
Preferred Stock Dividend Rate Percentage
PreferredStockDividendRatePercentage
|
0.08 | |
CY2016 | cndt |
Preferred Stock Annual Dividends
PreferredStockAnnualDividends
|
9600000 | USD |
CY2016Q4 | us-gaap |
Convertible Preferred Stock Shares Reserved For Future Issuance
ConvertiblePreferredStockSharesReservedForFutureIssuance
|
5393000 | shares |
CY2016 | cndt |
Preferred Stock Initial Conversion Price Per Share
PreferredStockInitialConversionPricePerShare
|
22.25 | |
CY2021Q1 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
-11000000 | USD |
CY2020Q1 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
-49000000 | USD |
CY2021Q1 | us-gaap |
Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
|
2000000 | USD |
CY2020Q1 | us-gaap |
Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
|
2000000 | USD |
CY2021Q1 | cndt |
Adjusted Net Income Availableto Common Shareholders Common
AdjustedNetIncomeAvailabletoCommonShareholdersCommon
|
-13000000 | USD |
CY2020Q1 | cndt |
Adjusted Net Income Availableto Common Shareholders Common
AdjustedNetIncomeAvailabletoCommonShareholdersCommon
|
-51000000 | USD |
CY2021Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
212250000 | shares |
CY2020Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
211093000 | shares |
CY2021Q1 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
-0.06 | |
CY2020Q1 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
-0.24 | |
CY2021Q1 | us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
-0.06 | |
CY2020Q1 | us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
-0.24 | |
CY2020Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
306000000 | USD |
CY2021Q1 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
102000000 | USD |
CY2020Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
73000000 | USD |
CY2021Q1 | us-gaap |
Income Taxes Receivable
IncomeTaxesReceivable
|
43000000 | USD |
CY2020Q4 | us-gaap |
Income Taxes Receivable
IncomeTaxesReceivable
|
48000000 | USD |
CY2021Q1 | us-gaap |
Value Added Tax Receivable Current
ValueAddedTaxReceivableCurrent
|
24000000 | USD |
CY2020Q4 | us-gaap |
Value Added Tax Receivable Current
ValueAddedTaxReceivableCurrent
|
21000000 | USD |
CY2021Q1 | us-gaap |
Restricted Cash Current
RestrictedCashCurrent
|
10000000 | USD |
CY2020Q4 | us-gaap |
Restricted Cash Current
RestrictedCashCurrent
|
8000000 | USD |
CY2020Q1 | cndt |
Capitalized Cloud Computing Cost Current
CapitalizedCloudComputingCostCurrent
|
10000000 | USD |
CY2020Q4 | cndt |
Capitalized Cloud Computing Cost Current
CapitalizedCloudComputingCostCurrent
|
8000000 | USD |
CY2021Q1 | us-gaap |
Other Receivables Net Current
OtherReceivablesNetCurrent
|
53000000 | USD |
CY2020Q4 | us-gaap |
Other Receivables Net Current
OtherReceivablesNetCurrent
|
53000000 | USD |
CY2021Q1 | us-gaap |
Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
|
92000000 | USD |
CY2020Q4 | us-gaap |
Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
|
95000000 | USD |
CY2021Q1 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
334000000 | USD |
CY2021Q1 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
241000000 | USD |
CY2020Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
229000000 | USD |
CY2021Q1 | us-gaap |
Litigation Reserve Current
LitigationReserveCurrent
|
65000000 | USD |
CY2020Q4 | us-gaap |
Litigation Reserve Current
LitigationReserveCurrent
|
73000000 | USD |
CY2021Q1 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
78000000 | USD |
CY2020Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
81000000 | USD |
CY2021Q1 | us-gaap |
Restructuring Reserve Current
RestructuringReserveCurrent
|
3000000 | USD |
CY2020Q4 | us-gaap |
Restructuring Reserve Current
RestructuringReserveCurrent
|
1000000 | USD |
CY2021Q1 | us-gaap |
Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
|
16000000 | USD |
CY2020Q4 | us-gaap |
Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
|
16000000 | USD |
CY2021Q1 | us-gaap |
Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
|
17000000 | USD |
CY2020Q4 | us-gaap |
Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
|
16000000 | USD |
CY2021Q1 | us-gaap |
Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
|
36000000 | USD |
CY2020Q4 | us-gaap |
Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
|
34000000 | USD |
CY2021Q1 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
456000000 | USD |
CY2020Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
450000000 | USD |
CY2021Q1 | us-gaap |
Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
|
168000000 | USD |
CY2020Q4 | us-gaap |
Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
|
163000000 | USD |
CY2021Q1 | us-gaap |
Deferred Costs
DeferredCosts
|
74000000 | USD |
CY2020Q4 | us-gaap |
Deferred Costs
DeferredCosts
|
76000000 | USD |
CY2021Q1 | cndt |
Product Software Net
ProductSoftwareNet
|
79000000 | USD |
CY2020Q4 | cndt |
Product Software Net
ProductSoftwareNet
|
72000000 | USD |
CY2021Q1 | cndt |
Capitalized Cloud Computing Cost Non Current
CapitalizedCloudComputingCostNonCurrent
|
31000000 | USD |
CY2020Q4 | cndt |
Capitalized Cloud Computing Cost Non Current
CapitalizedCloudComputingCostNonCurrent
|
33000000 | USD |
CY2021Q1 | us-gaap |
Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
|
61000000 | USD |
CY2020Q4 | us-gaap |
Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
|
69000000 | USD |
CY2021Q1 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
413000000 | USD |
CY2020Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
413000000 | USD |
CY2021Q1 | us-gaap |
Accrued Payroll Taxes Current And Noncurrent
AccruedPayrollTaxesCurrentAndNoncurrent
|
24000000 | USD |
CY2020Q4 | us-gaap |
Accrued Payroll Taxes Current And Noncurrent
AccruedPayrollTaxesCurrentAndNoncurrent
|
24000000 | USD |
CY2021Q1 | us-gaap |
Accrued Income Taxes Noncurrent
AccruedIncomeTaxesNoncurrent
|
15000000 | USD |
CY2020Q4 | us-gaap |
Accrued Income Taxes Noncurrent
AccruedIncomeTaxesNoncurrent
|
15000000 | USD |
CY2021Q1 | us-gaap |
Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
|
33000000 | USD |
CY2020Q4 | us-gaap |
Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
|
29000000 | USD |
CY2021Q1 | us-gaap |
Restructuring Reserve Noncurrent
RestructuringReserveNoncurrent
|
0 | USD |
CY2020Q4 | us-gaap |
Restructuring Reserve Noncurrent
RestructuringReserveNoncurrent
|
5000000 | USD |
CY2021Q1 | us-gaap |
Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
|
34000000 | USD |
CY2020Q4 | us-gaap |
Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
|
35000000 | USD |
CY2021Q1 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
106000000 | USD |
CY2020Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
108000000 | USD |
CY2021Q1 | us-gaap |
Revenue From Related Parties
RevenueFromRelatedParties
|
5000000 | USD |
CY2020Q1 | us-gaap |
Revenue From Related Parties
RevenueFromRelatedParties
|
6000000 | USD |
CY2021Q1 | us-gaap |
Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
|
7000000 | USD |
CY2020Q1 | us-gaap |
Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
|
6000000 | USD |
CY2020Q4 | us-gaap |
Goodwill
Goodwill
|
1528000000 | USD |
CY2021Q1 | us-gaap |
Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
|
-15000000 | USD |
CY2021Q1 | us-gaap |
Goodwill
Goodwill
|
1513000000 | USD |
CY2021Q1 | us-gaap |
Goodwill Gross
GoodwillGross
|
4400000000 | USD |
CY2021Q1 | us-gaap |
Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
|
2887000000 | USD |
CY2021Q1 | us-gaap |
Goodwill
Goodwill
|
1513000000 | USD |