| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $825M | $825M | $925M | 0.1% | -10.8% |
| Op. Income | $17M | -$46M | -$414M | 135.9% | 104.0% |
| Gross Margin | 29.5% | 28.8% | 31.6% | 0.7pp | -2.1pp |
| Net Margin | -5.2% | 16.0% | -49.4% | -21.1pp | 44.3pp |
| EPS (Diluted) | $-0.23 | $0.70 | $-2.45 | -132.9% | 90.6% |
| Free Cash Flow | -$65M | -$23M | -$29M | -187.0% | -127.3% |
| Item | Amount |
|---|---|
| REVENUE | $825M |
| Cost of Revenue | $581M |
| GROSS PROFIT | $244M |
| R&D Expenses | $0 |
| Selling & Marketing | $73M |
| General & Administrative | $56M |
| SG&A Expenses | $129M |
| Other Expenses | $98M |
| Operating Expenses | $227M |
| Cost & Expenses | $809M |
| OPERATING INCOME | $17M |
| Interest Income | $3M |
| Interest Expense | $63M |
| Other Income/Expenses | -$59M |
| INCOME BEFORE TAX | -$42M |
| Income Tax Expense | $679.0K |
| Net Income from Continuing Ops | -$43M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$43M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$43M |
| D&A | $97M |
| EBIT | $18M |
| EBITDA | $115M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$43M |
| Depreciation & Amortization | $98M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $170.0K |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | -$62M |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | -$60M |
| Acquisitions (Net) | -$4M |
| Purchases of Investments | -$68M |
| Sales/Maturities of Investments | $60M |
| Other Investing Activities | -$28M |
| NET CASH FROM INVESTING | -$100M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | -$10M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$461.0K |
| NET CASH FROM FINANCING | -$17M |
| FREE CASH FLOW | -$65M |
| Net Change in Cash | -$122M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $257M |
| Short-Term Investments | $84M |
| Net Receivables | $138M |
| Inventory | $87M |
| Other Current Assets | $87M |
| TOTAL CURRENT ASSETS | $751M |
| PP&E (Net) | $6.5B |
| Goodwill | $154M |
| Intangible Assets | $46M |
| Long-Term Investments | $28M |
| Tax Assets | -$228M |
| Other Non-Current Assets | $353M |
| TOTAL NON-CURRENT ASSETS | $6.9B |
| TOTAL ASSETS | $7.6B |
| Account Payables | $85M |
| Short-Term Debt | $659M |
| Deferred Revenue | $95M |
| Other Current Liabilities | -$407M |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $3.2B |
| Deferred Revenue NC | -$18M |
| Deferred Tax Liabilities | $18M |
| Other Non-Current Liabilities | $163M |
| TOTAL NON-CURRENT LIABILITIES | $5.6B |
| TOTAL LIABILITIES | $6.7B |
| Common Stock | $2M |
| Additional Paid-In Capital | $4.2B |
| Retained Earnings | -$3.2B |
| Treasury Stock | -$71M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $918M |
| Minority Interest | -$501.0K |
| TOTAL EQUITY | $918M |
| TOTAL LIABILITIES & EQUITY | $7.6B |
| Total Debt | $5.4B |
| Net Debt | $5.2B |
