| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $139M | $163M | $133M | -14.5% | 4.5% |
| Op. Income | $5M | $8M | $4M | -38.7% | 11.0% |
| Gross Margin | 29.7% | 30.3% | 30.5% | -0.6pp | -0.8pp |
| Net Margin | 0.6% | 1.6% | 0.5% | -1.0pp | 0.1pp |
| EPS (Diluted) | $0.03 | $0.10 | $0.02 | -70.0% | 50.0% |
| Free Cash Flow | -$20M | -$32M | -$12M | 38.1% | -58.2% |
| Item | Amount |
|---|---|
| REVENUE | $139M |
| Cost of Revenue | $98M |
| GROSS PROFIT | $41M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $36M |
| Other Expenses | $0 |
| Operating Expenses | $36M |
| Cost & Expenses | $134M |
| OPERATING INCOME | $5M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $506.0K |
| Net Income from Continuing Ops | $777.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $777.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $777.0K |
| D&A | $4M |
| EBIT | $5M |
| EBITDA | $9M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $139M |
| Cost of Revenue | $98M |
| GROSS PROFIT | $41M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $36M |
| Other Expenses | $0 |
| Operating Expenses | $36M |
| Cost & Expenses | $134M |
| OPERATING INCOME | $5M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $506.0K |
| Net Income from Continuing Ops | $777.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $777.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $777.0K |
| D&A | $4M |
| EBIT | $5M |
| EBITDA | $9M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $777.0K |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $575.0K |
| Deferred Income Tax | $564.0K |
| Other Non-Cash Items | $303.0K |
| Change in Working Capital | -$21M |
| OPERATING CASH FLOW | -$14M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | $19M |
| Common Stock Repurchased | -$78.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$597.0K |
| NET CASH FROM FINANCING | $19M |
| FREE CASH FLOW | -$20M |
| Net Change in Cash | -$730.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $192M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $218M |
| PP&E (Net) | $84M |
| Goodwill | $193M |
| Intangible Assets | $64M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $977.0K |
| TOTAL NON-CURRENT ASSETS | $343M |
| TOTAL ASSETS | $561M |
| Account Payables | $61M |
| Short-Term Debt | $63M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $159M |
| Long-Term Debt | $182M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $12M |
| Other Non-Current Liabilities | $18M |
| TOTAL NON-CURRENT LIABILITIES | $220M |
| TOTAL LIABILITIES | $380M |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $143M |
| Retained Earnings | $39M |
| Treasury Stock | -$147.0K |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $181M |
| Minority Interest | $0 |
| TOTAL EQUITY | $181M |
| TOTAL LIABILITIES & EQUITY | $561M |
| Total Debt | $253M |
| Net Debt | $246M |
