| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.7B | $1.5B | -14.2% | -4.1% |
| Op. Income | $28M | $150M | $82M | -81.3% | -65.9% |
| Gross Margin | 37.8% | 40.0% | 34.8% | -2.1pp | 3.0pp |
| Net Margin | 2.7% | 6.2% | 4.1% | -3.5pp | -1.4pp |
| EPS (Diluted) | $0.04 | $0.09 | $-0.02 | -57.9% | 289.5% |
| Free Cash Flow | $29M | $62M | $339M | -53.2% | -91.4% |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $882M |
| GROSS PROFIT | $537M |
| R&D Expenses | $371M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $138M |
| Other Expenses | $0 |
| Operating Expenses | $509M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $28M |
| Interest Income | $0 |
| Interest Expense | $29M |
| Other Income/Expenses | -$25M |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | -$35M |
| Net Income from Continuing Ops | $38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $38M |
| D&A | $43M |
| EBIT | $32M |
| EBITDA | $75M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $882M |
| GROSS PROFIT | $537M |
| R&D Expenses | $371M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $138M |
| Other Expenses | $0 |
| Operating Expenses | $509M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $28M |
| Interest Income | $0 |
| Interest Expense | $29M |
| Other Income/Expenses | -$25M |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | -$35M |
| Net Income from Continuing Ops | $38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $38M |
| D&A | $43M |
| EBIT | $32M |
| EBITDA | $75M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $38M |
| Depreciation & Amortization | $43M |
| Stock-Based Compensation | $36M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $83M |
| Change in Working Capital | -$126M |
| OPERATING CASH FLOW | $70M |
| Capital Expenditure | -$41M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$78M |
| Sales/Maturities of Investments | $10M |
| Other Investing Activities | $71M |
| NET CASH FROM INVESTING | -$38M |
| Net Debt Issuance | -$26M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$26M |
| NET CASH FROM FINANCING | -$26M |
| FREE CASH FLOW | $29M |
| Net Change in Cash | $32M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $78M |
| Net Receivables | $1.3B |
| Inventory | $845M |
| Other Current Assets | $236M |
| TOTAL CURRENT ASSETS | $3.5B |
| PP&E (Net) | $348M |
| Goodwill | $289M |
| Intangible Assets | $226M |
| Long-Term Investments | $58M |
| Tax Assets | $0 |
| Other Non-Current Assets | $95M |
| TOTAL NON-CURRENT ASSETS | $1.0B |
| TOTAL ASSETS | $4.6B |
| Account Payables | $834M |
| Short-Term Debt | $136M |
| Deferred Revenue | $11M |
| Other Current Liabilities | $249M |
| TOTAL CURRENT LIABILITIES | $2.0B |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $192M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $3.3B |
| Common Stock | $10M |
| Additional Paid-In Capital | $8.8B |
| Retained Earnings | -$7.4B |
| Treasury Stock | -$50M |
| Accum. Other Comp. Income | -$8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $4.6B |
| Total Debt | $1.3B |
| Net Debt | $172M |
