| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $357M | $244M | $355M | 46.3% | 0.4% |
| Op. Income | -$40M | -$38M | -$74M | -5.5% | 46.1% |
| Gross Margin | -1.2% | 7.8% | 10.5% | -9.0pp | -11.7pp |
| Net Margin | 5.8% | -22.9% | -25.5% | 28.7pp | 31.2pp |
| EPS (Diluted) | $0.05 | $-0.14 | $-0.23 | 136.8% | 122.6% |
| Free Cash Flow | $192M | $31M | $87M | 519.4% | 121.7% |
| Item | Amount |
|---|---|
| REVENUE | $357M |
| Cost of Revenue | $361M |
| GROSS PROFIT | -$4M |
| R&D Expenses | $136.8K |
| Selling & Marketing | $0 |
| General & Administrative | $29M |
| SG&A Expenses | $29M |
| Other Expenses | $13.9K |
| Operating Expenses | $36M |
| Cost & Expenses | $397M |
| OPERATING INCOME | -$40M |
| Interest Income | $4M |
| Interest Expense | $16M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$43M |
| Income Tax Expense | -$64M |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $73M |
| EBIT | -$26M |
| EBITDA | $48M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $21M |
| Depreciation & Amortization | $73M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$64M |
| Other Non-Cash Items | -$619.5K |
| Change in Working Capital | $172M |
| OPERATING CASH FLOW | $203M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$111M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $9M |
| NET CASH FROM INVESTING | -$114M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$10M |
| NET CASH FROM FINANCING | -$10M |
| FREE CASH FLOW | $192M |
| Net Change in Cash | $77M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $446M |
| Short-Term Investments | $355M |
| Net Receivables | $222M |
| Inventory | $475M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $2.8B |
| Goodwill | $0 |
| Intangible Assets | $48M |
| Long-Term Investments | $150M |
| Tax Assets | $717M |
| Other Non-Current Assets | $517M |
| TOTAL NON-CURRENT ASSETS | $4.3B |
| TOTAL ASSETS | $5.8B |
| Account Payables | $234M |
| Short-Term Debt | $365M |
| Deferred Revenue | $47M |
| Other Current Liabilities | $54M |
| TOTAL CURRENT LIABILITIES | $700M |
| Long-Term Debt | $728M |
| Deferred Revenue NC | $694M |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $110M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $2.2B |
| Common Stock | $1.4B |
| Additional Paid-In Capital | $170M |
| Retained Earnings | $1.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $60M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.5B |
| Minority Interest | $238.4K |
| TOTAL EQUITY | $3.5B |
| TOTAL LIABILITIES & EQUITY | $5.8B |
| Total Debt | $1.1B |
| Net Debt | $648M |
