2020 Q2 Form 10-Q Financial Statement
#000119312520210487 Filed on August 05, 2020
Income Statement
| Concept | 2020 Q2 | 2019 Q2 |
|---|---|---|
| Revenue | $3.666B | $9.228B |
| YoY Change | -60.27% | -3.03% |
| Cost Of Revenue | $3.388B | $7.377B |
| YoY Change | -54.07% | -9.85% |
| Gross Profit | $278.0M | $1.851B |
| YoY Change | -84.98% | 38.86% |
| Gross Profit Margin | 7.58% | 20.06% |
| Selling, General & Admin | $552.0M | $699.0M |
| YoY Change | -21.03% | 2.04% |
| % of Gross Profit | 198.56% | 37.76% |
| Research & Development | $3.000M | $5.000M |
| YoY Change | -40.0% | 400.0% |
| % of Gross Profit | 1.08% | 0.27% |
| Depreciation & Amortization | $413.0M | $392.0M |
| YoY Change | 5.36% | 9.5% |
| % of Gross Profit | 148.56% | 21.18% |
| Operating Expenses | $998.0M | $1.132B |
| YoY Change | -11.84% | 5.79% |
| Operating Profit | -$720.0M | $719.0M |
| YoY Change | -200.14% | 173.38% |
| Interest Expense | $17.00M | $23.00M |
| YoY Change | -26.09% | -11.54% |
| % of Operating Profit | 3.2% | |
| Other Income/Expense, Net | $0.00 | $0.00 |
| YoY Change | ||
| Pretax Income | -$693.0M | $729.0M |
| YoY Change | -195.06% | 176.14% |
| Income Tax | -$167.0M | -$483.0M |
| % Of Pretax Income | -66.26% | |
| Net Earnings | -$526.0M | $1.212B |
| YoY Change | -143.4% | 518.37% |
| Net Earnings / Revenue | -14.35% | 13.13% |
| Basic Earnings Per Share | ||
| Diluted Earnings Per Share | -$716.6K | $1.574M |
| COMMON SHARES | ||
| Basic Shares Outstanding | ||
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2020 Q2 | 2019 Q2 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $233.0M | $1.087B |
| YoY Change | -78.56% | 24.51% |
| Cash & Equivalents | $233.0M | $1.087B |
| Short-Term Investments | ||
| Other Short-Term Assets | $741.0M | $631.0M |
| YoY Change | 17.43% | 38.38% |
| Inventory | $1.253B | $1.228B |
| Prepaid Expenses | ||
| Receivables | $1.866B | $3.134B |
| Other Receivables | $0.00 | $0.00 |
| Total Short-Term Assets | $4.093B | $6.080B |
| YoY Change | -32.68% | 17.49% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $33.86B | $34.50B |
| YoY Change | -1.85% | 0.74% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | $571.0M | $645.0M |
| YoY Change | -11.47% | -25.0% |
| Other Assets | $498.0M | $270.0M |
| YoY Change | 84.44% | -70.81% |
| Total Long-Term Assets | $35.41B | $35.85B |
| YoY Change | -1.23% | -1.01% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $4.093B | $6.080B |
| Total Long-Term Assets | $35.41B | $35.85B |
| Total Assets | $39.50B | $41.93B |
| YoY Change | -5.79% | 1.3% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $3.070B | $3.829B |
| YoY Change | -19.82% | -2.4% |
| Accrued Expenses | $106.0M | $118.0M |
| YoY Change | -10.17% | |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $111.0M | $75.00M |
| YoY Change | 48.0% | |
| Long-Term Debt Due | $117.0M | $163.0M |
| YoY Change | -28.22% | -19.31% |
| Total Short-Term Liabilities | $3.404B | $4.213B |
| YoY Change | -19.2% | -0.02% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $4.965B | $4.968B |
| YoY Change | -0.06% | 11.72% |
| Other Long-Term Liabilities | $3.753B | $3.076B |
| YoY Change | 22.01% | -21.99% |
| Total Long-Term Liabilities | $8.718B | $3.076B |
| YoY Change | 183.42% | -63.34% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $3.404B | $4.213B |
| Total Long-Term Liabilities | $8.718B | $3.076B |
| Total Liabilities | $16.58B | $16.91B |
| YoY Change | -1.91% | -4.07% |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | ||
| YoY Change | ||
| Common Stock | $1.357B | $1.410B |
| YoY Change | -3.76% | -4.92% |
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | ||
| YoY Change | ||
| Treasury Stock Shares | ||
| Shareholders Equity | $22.92B | $25.02B |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $39.50B | $41.93B |
| YoY Change | -5.79% | 1.3% |
Cashflow Statement
| Concept | 2020 Q2 | 2019 Q2 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | -$526.0M | $1.212B |
| YoY Change | -143.4% | 518.37% |
| Depreciation, Depletion And Amortization | $413.0M | $392.0M |
| YoY Change | 5.36% | 9.5% |
| Cash From Operating Activities | -$816.0M | $1.026B |
| YoY Change | -179.53% | 19.44% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$205.0M | -$394.0M |
| YoY Change | -47.97% | 10.36% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | $33.00M | -$35.00M |
| YoY Change | -194.29% | 59.09% |
| Cash From Investing Activities | -$172.0M | -$429.0M |
| YoY Change | -59.91% | 13.19% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | -167.0M | -521.0M |
| YoY Change | -67.95% | -49.52% |
| NET CHANGE | ||
| Cash From Operating Activities | -816.0M | 1.026B |
| Cash From Investing Activities | -172.0M | -429.0M |
| Cash From Financing Activities | -167.0M | -521.0M |
| Net Change In Cash | -1.155B | 76.00M |
| YoY Change | -1619.74% | -113.77% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | -$816.0M | $1.026B |
| Capital Expenditures | -$205.0M | -$394.0M |
| Free Cash Flow | -$611.0M | $1.420B |
| YoY Change | -143.03% | 16.78% |
Facts In Submission
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