| Metric | FY 2018 | Prior Q | FY 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $86M | — | $118M | — | -27.2% |
| Op. Income | $31M | — | $86M | — | -63.6% |
| Gross Margin | 47.0% | — | 80.5% | — | -33.5pp |
| Net Margin | 36.4% | — | 72.6% | — | -36.3pp |
| EPS (Diluted) | $0.55 | — | $1.54 | — | -64.3% |
| Free Cash Flow | -$115M | — | -$414M | — | 72.3% |
| Item | Amount |
|---|---|
| REVENUE | $86M |
| Cost of Revenue | $46M |
| GROSS PROFIT | $40M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $1M |
| Operating Expenses | $9M |
| Cost & Expenses | $55M |
| OPERATING INCOME | $31M |
| Interest Income | $185M |
| Interest Expense | $46M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $31M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $31M |
| D&A | $0 |
| EBIT | $31M |
| EBITDA | $31M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $86M |
| Cost of Revenue | $46M |
| GROSS PROFIT | $40M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $1M |
| Operating Expenses | $9M |
| Cost & Expenses | $55M |
| OPERATING INCOME | $31M |
| Interest Income | $185M |
| Interest Expense | $46M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $31M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $31M |
| D&A | $0 |
| EBIT | $31M |
| EBITDA | $31M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $31M |
| Depreciation & Amortization | $53M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$201M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | -$115M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.3B |
| Sales/Maturities of Investments | $256M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1.0B |
| Net Debt Issuance | $187M |
| Common Stock Repurchased | -$97M |
| Common Dividends Paid | -$45M |
| Other Financing Activities | $31M |
| NET CASH FROM FINANCING | $76M |
| FREE CASH FLOW | -$115M |
| Net Change in Cash | -$39M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $18M |
| Short-Term Investments | $0 |
| Net Receivables | $23M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $41M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.9B |
| TOTAL NON-CURRENT ASSETS | $1.9B |
| TOTAL ASSETS | $1.9B |
| Account Payables | $22M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $22M |
| Long-Term Debt | $893M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $13M |
| TOTAL NON-CURRENT LIABILITIES | $905M |
| TOTAL LIABILITIES | $927M |
| Common Stock | $113.0K |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | -$70M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $979M |
| Minority Interest | $0 |
| TOTAL EQUITY | $979M |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $893M |
| Net Debt | $875M |