| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $508M | $555M | $657M | -8.4% | -22.6% |
| Op. Income | -$9M | $10M | $15M | -194.7% | -160.8% |
| Gross Margin | 8.0% | 9.5% | 8.4% | -1.5pp | -0.4pp |
| Net Margin | -1.4% | 1.3% | 4.2% | -2.6pp | -5.6pp |
| EPS (Diluted) | $-0.19 | $0.19 | $0.64 | -200.0% | -129.7% |
| Free Cash Flow | $27M | -$22M | $80M | 221.6% | -66.8% |
| Item | Amount |
|---|---|
| REVENUE | $508M |
| Cost of Revenue | $468M |
| GROSS PROFIT | $41M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $38M |
| Other Expenses | $12M |
| Operating Expenses | $50M |
| Cost & Expenses | $518M |
| OPERATING INCOME | -$9M |
| Interest Income | $745.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$11M |
| Income Tax Expense | -$4M |
| Net Income from Continuing Ops | -$7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$7M |
| D&A | $12M |
| EBIT | -$9M |
| EBITDA | $3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$7M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $29M |
| OPERATING CASH FLOW | $36M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $50.0K |
| Other Investing Activities | -$47.0K |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | -$6M |
| Other Financing Activities | -$913.0K |
| NET CASH FROM FINANCING | -$12M |
| FREE CASH FLOW | $27M |
| Net Change in Cash | $16M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $348M |
| Short-Term Investments | $0 |
| Net Receivables | $487M |
| Inventory | $315M |
| Other Current Assets | $16M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $283M |
| Goodwill | $192M |
| Intangible Assets | $76M |
| Long-Term Investments | $0 |
| Tax Assets | $5M |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $565M |
| TOTAL ASSETS | $1.8B |
| Account Payables | $303M |
| Short-Term Debt | $9M |
| Deferred Revenue | $38M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $459M |
| Long-Term Debt | $139M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $14M |
| Other Non-Current Liabilities | $65M |
| TOTAL NON-CURRENT LIABILITIES | $286M |
| TOTAL LIABILITIES | $745M |
| Common Stock | $4M |
| Additional Paid-In Capital | $512M |
| Retained Earnings | $516M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$17M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $216M |
| Net Debt | -$132M |
