| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $510M | $564M | $652M | -9.5% | -21.7% |
| Op. Income | -$16M | $34M | $77M | -147.1% | -121.0% |
| Gross Margin | 22.4% | 28.9% | 32.1% | -6.5pp | -9.8pp |
| Net Margin | -2.9% | 5.4% | 11.6% | -8.3pp | -14.5pp |
| EPS (Diluted) | $0.00 | $0.00 | $0.00 | NaN% | NaN% |
| Free Cash Flow | -$94M | -$131M | -$28M | 28.5% | -235.1% |
| Item | Amount |
|---|---|
| REVENUE | $510M |
| Cost of Revenue | $396M |
| GROSS PROFIT | $114M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $110M |
| SG&A Expenses | $110M |
| Other Expenses | $20M |
| Operating Expenses | $130M |
| Cost & Expenses | $527M |
| OPERATING INCOME | -$16M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$16M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | -$15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$22M |
| D&A | $12M |
| EBIT | -$9M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | -$15M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$6M |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$88M |
| OPERATING CASH FLOW | -$89M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | -$1M |
| Purchases of Investments | -$799M |
| Sales/Maturities of Investments | $973M |
| Other Investing Activities | -$92M |
| NET CASH FROM INVESTING | $77M |
| Net Debt Issuance | -$143M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$14M |
| Other Financing Activities | -$9M |
| NET CASH FROM FINANCING | -$171M |
| FREE CASH FLOW | -$94M |
| Net Change in Cash | -$176M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $100M |
| Net Receivables | $3.6B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $5.5B |
| PP&E (Net) | $73M |
| Goodwill | $4M |
| Intangible Assets | $27M |
| Long-Term Investments | $7.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$7.2B |
| TOTAL NON-CURRENT ASSETS | $7.2B |
| TOTAL ASSETS | $12.9B |
| Account Payables | $596M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$933M |
| TOTAL CURRENT LIABILITIES | $596M |
| Long-Term Debt | $445M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$445M |
| TOTAL NON-CURRENT LIABILITIES | $445M |
| TOTAL LIABILITIES | $10.0B |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $965M |
| Retained Earnings | $2.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$139M |
| Other Equity | $100.0K |
| TOTAL STOCKHOLDERS' EQUITY | $2.8B |
| Minority Interest | $3M |
| TOTAL EQUITY | $2.8B |
| TOTAL LIABILITIES & EQUITY | $12.9B |
| Total Debt | $445M |
| Net Debt | -$626M |
