| Metric | Q3 2014 | Q2 2014 | Q3 2013 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $319M | $340M | $347M | -6.1% | -8.2% |
| Op. Income | -$32M | -$28M | -$10M | -12.2% | -202.1% |
| Gross Margin | -3.7% | -3.0% | 2.2% | -0.7pp | -5.9pp |
| Net Margin | -8.8% | -23.7% | -5.3% | 14.9pp | -3.6pp |
| EPS (Diluted) | $-0.06 | $-0.16 | $-0.04 | 65.0% | -54.0% |
| Free Cash Flow | -$17M | $21M | -$36M | -178.9% | 53.6% |
| Item | Amount |
|---|---|
| REVENUE | $319M |
| Cost of Revenue | $331M |
| GROSS PROFIT | -$12M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $20M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $334M |
| OPERATING INCOME | -$32M |
| Interest Income | $23M |
| Interest Expense | $0 |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | -$38M |
| Income Tax Expense | -$9M |
| Net Income from Continuing Ops | -$28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$28M |
| D&A | $19M |
| EBIT | -$32M |
| EBITDA | -$12M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$28M |
| Depreciation & Amortization | $19M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $7M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | -$6M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$877.7K |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | $19M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$26M |
| NET CASH FROM FINANCING | -$7M |
| FREE CASH FLOW | -$17M |
| Net Change in Cash | -$23M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $111M |
| Inventory | $271M |
| Other Current Assets | $12M |
| TOTAL CURRENT ASSETS | $406M |
| PP&E (Net) | $876M |
| Goodwill | $0 |
| Intangible Assets | $56M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $11M |
| TOTAL NON-CURRENT ASSETS | $943M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $174M |
| Short-Term Debt | $263M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $48M |
| TOTAL CURRENT LIABILITIES | $484M |
| Long-Term Debt | $643M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $506M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.6B |
| Common Stock | $359M |
| Additional Paid-In Capital | $43M |
| Retained Earnings | -$686M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $585.1K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$284M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$284M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $905M |
| Net Debt | $904M |
