| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.5B | $1.4B | 0.4% | 4.4% |
| Op. Income | $138M | $99M | $88M | 38.6% | 57.1% |
| Gross Margin | 32.1% | 29.4% | 31.0% | 2.7pp | 1.1pp |
| Net Margin | -0.4% | -3.6% | -2.9% | 3.2pp | 2.5pp |
| EPS (Diluted) | $-0.18 | $0.30 | $-0.21 | -160.9% | 14.3% |
| Free Cash Flow | $63M | $65M | $34M | -2.9% | 84.7% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $475M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $338M |
| SG&A Expenses | $338M |
| Other Expenses | $0 |
| Operating Expenses | $338M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $138M |
| Interest Income | $0 |
| Interest Expense | $129M |
| Other Income/Expenses | -$134M |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | -$6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$6M |
| Net Income Deductions | -$72M |
| BOTTOM LINE NET INCOME | -$78M |
| D&A | $98M |
| EBIT | $133M |
| EBITDA | $231M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$6M |
| Depreciation & Amortization | $98M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$22M |
| Other Non-Cash Items | $20M |
| Change in Working Capital | -$20M |
| OPERATING CASH FLOW | $75M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | -$106M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$106M |
| FREE CASH FLOW | $63M |
| Net Change in Cash | -$41M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $144M |
| Short-Term Investments | $0 |
| Net Receivables | $981M |
| Inventory | $703M |
| Other Current Assets | $112M |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $586M |
| Goodwill | $2.8B |
| Intangible Assets | $4.5B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $264M |
| TOTAL NON-CURRENT ASSETS | $8.1B |
| TOTAL ASSETS | $10.0B |
| Account Payables | $565M |
| Short-Term Debt | $44M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $362M |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $6.7B |
| Deferred Revenue NC | $3.9B |
| Deferred Tax Liabilities | $929M |
| Other Non-Current Liabilities | $4.4B |
| TOTAL NON-CURRENT LIABILITIES | $12.0B |
| TOTAL LIABILITIES | $13.2B |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$248M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$76M |
| Other Equity | -$6.7B |
| TOTAL STOCKHOLDERS' EQUITY | -$3.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | -$3.1B |
| TOTAL LIABILITIES & EQUITY | $10.0B |
| Total Debt | $6.8B |
| Net Debt | $6.6B |
