| Metric | Q4 2013 | Q3 2013 | Q4 2012 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $327M | $347M | — | -5.8% | — |
| Op. Income | -$41M | -$10M | — | -295.1% | — |
| Gross Margin | -7.4% | 2.2% | — | -9.6pp | — |
| Net Margin | -20.7% | -5.3% | — | -15.4pp | — |
| EPS (Diluted) | $-0.14 | $-0.04 | — | -280.0% | — |
| Free Cash Flow | $28M | -$36M | — | 178.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $327M |
| Cost of Revenue | $352M |
| GROSS PROFIT | -$24M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $17M |
| Other Expenses | $0 |
| Operating Expenses | $7M |
| Cost & Expenses | $358M |
| OPERATING INCOME | -$41M |
| Interest Income | $24M |
| Interest Expense | $0 |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | -$54M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | -$68M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$68M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$68M |
| D&A | $22M |
| EBIT | -$41M |
| EBITDA | -$20M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$68M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $20M |
| Change in Working Capital | $60M |
| OPERATING CASH FLOW | $34M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$804.6K |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$20M |
| NET CASH FROM FINANCING | -$20M |
| FREE CASH FLOW | $28M |
| Net Change in Cash | $8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $24M |
| Short-Term Investments | $0 |
| Net Receivables | $132M |
| Inventory | $254M |
| Other Current Assets | $24M |
| TOTAL CURRENT ASSETS | $434M |
| PP&E (Net) | $871M |
| Goodwill | $0 |
| Intangible Assets | $58M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $10M |
| TOTAL NON-CURRENT ASSETS | $939M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $110M |
| Short-Term Debt | $3M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $76M |
| TOTAL CURRENT LIABILITIES | $189M |
| Long-Term Debt | $824M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $580M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $1.6B |
| Common Stock | $359M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$556M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$65M |
| Other Equity | $43M |
| TOTAL STOCKHOLDERS' EQUITY | -$220M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$220M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $827M |
| Net Debt | $803M |
