| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $813M | — | $1.0B | — | -19.1% |
| Op. Income | -$5M | — | -$4M | — | -45.3% |
| Gross Margin | 7.3% | — | 6.4% | — | 0.9pp |
| Net Margin | 2.9% | — | 6.9% | — | -4.0pp |
| EPS (Diluted) | $0.84 | — | $2.42 | — | -65.3% |
| Free Cash Flow | -$179M | — | -$59M | — | -204.5% |
| Item | Amount |
|---|---|
| REVENUE | $813M |
| Cost of Revenue | $753M |
| GROSS PROFIT | $59M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $65M |
| Other Expenses | $0 |
| Operating Expenses | $65M |
| Cost & Expenses | $818M |
| OPERATING INCOME | -$5M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | $35M |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $24M |
| D&A | $22M |
| EBIT | $37M |
| EBITDA | $60M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $24M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $11M |
| Other Non-Cash Items | -$7M |
| Change in Working Capital | -$116M |
| OPERATING CASH FLOW | -$64M |
| Capital Expenditure | -$115M |
| Acquisitions (Net) | -$3M |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $44M |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | -$70M |
| Net Debt Issuance | $140M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$5M |
| Other Financing Activities | $5M |
| NET CASH FROM FINANCING | $140M |
| FREE CASH FLOW | -$179M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $23M |
| Short-Term Investments | $0 |
| Net Receivables | $207M |
| Inventory | $691M |
| Other Current Assets | $103M |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $998M |
| Goodwill | $6M |
| Intangible Assets | $99M |
| Long-Term Investments | $242M |
| Tax Assets | $130M |
| Other Non-Current Assets | -$107M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $2.4B |
| Account Payables | $463M |
| Short-Term Debt | $227M |
| Deferred Revenue | $33M |
| Other Current Liabilities | $33M |
| TOTAL CURRENT LIABILITIES | $833M |
| Long-Term Debt | $496M |
| Deferred Revenue NC | $23M |
| Deferred Tax Liabilities | $130M |
| Other Non-Current Liabilities | $56M |
| TOTAL NON-CURRENT LIABILITIES | $682M |
| TOTAL LIABILITIES | $1.5B |
| Common Stock | $96.0K |
| Additional Paid-In Capital | $224M |
| Retained Earnings | $648M |
| Treasury Stock | -$35M |
| Accum. Other Comp. Income | -$6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $877M |
| Minority Interest | $46M |
| TOTAL EQUITY | $923M |
| TOTAL LIABILITIES & EQUITY | $2.4B |
| Total Debt | $723M |
| Net Debt | $700M |
