| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $576M | $956M | $581M | -39.7% | -0.9% |
| Op. Income | -$7M | $27M | $5M | -125.9% | -240.0% |
| Gross Margin | 26.4% | 29.4% | 30.8% | -3.0pp | -4.4pp |
| Net Margin | -8.3% | 1.0% | -0.7% | -9.4pp | -7.6pp |
| EPS (Diluted) | $-0.76 | $0.15 | $-0.06 | -606.7% | -1078.3% |
| Free Cash Flow | -$100M | $119M | -$61M | -184.0% | -63.9% |
| Item | Amount |
|---|---|
| REVENUE | $576M |
| Cost of Revenue | $424M |
| GROSS PROFIT | $152M |
| R&D Expenses | $17M |
| Selling & Marketing | $0 |
| General & Administrative | $143M |
| SG&A Expenses | $121M |
| Other Expenses | $21M |
| Operating Expenses | $159M |
| Cost & Expenses | $583M |
| OPERATING INCOME | -$7M |
| Interest Income | $0 |
| Interest Expense | $27M |
| Other Income/Expenses | -$40M |
| INCOME BEFORE TAX | -$47M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | -$71M |
| Net Income from Discontinued Ops | $23M |
| Other Adjustments | $0 |
| NET INCOME | -$48M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$48M |
| D&A | $62M |
| EBIT | -$17M |
| EBITDA | $45M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$48M |
| Depreciation & Amortization | $81M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | -$66M |
| Change in Working Capital | -$44M |
| OPERATING CASH FLOW | -$67M |
| Capital Expenditure | -$33M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | $8M |
| NET CASH FROM INVESTING | -$26M |
| Net Debt Issuance | -$27M |
| Common Stock Repurchased | -$7M |
| Common Dividends Paid | -$16M |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | -$50M |
| FREE CASH FLOW | -$100M |
| Net Change in Cash | -$145M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $149M |
| Short-Term Investments | $0 |
| Net Receivables | $448M |
| Inventory | $619M |
| Other Current Assets | $775M |
| TOTAL CURRENT ASSETS | $2.0B |
| PP&E (Net) | $1.6B |
| Goodwill | $2.3B |
| Intangible Assets | $1.2B |
| Long-Term Investments | $279M |
| Tax Assets | $28M |
| Other Non-Current Assets | $576M |
| TOTAL NON-CURRENT ASSETS | $6.0B |
| TOTAL ASSETS | $7.9B |
| Account Payables | $277M |
| Short-Term Debt | $229M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $235M |
| TOTAL CURRENT LIABILITIES | $906M |
| Long-Term Debt | $2.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $285M |
| Other Non-Current Liabilities | $1.2B |
| TOTAL NON-CURRENT LIABILITIES | $3.7B |
| TOTAL LIABILITIES | $4.6B |
| Common Stock | $1M |
| Additional Paid-In Capital | $947M |
| Retained Earnings | $2.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$362M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.3B |
| TOTAL LIABILITIES & EQUITY | $7.9B |
| Total Debt | $2.5B |
| Net Debt | $2.4B |
