| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.3B | $1.1B | -2.4% | 18.7% |
| Op. Income | $42M | $88M | $47M | -52.6% | -11.1% |
| Gross Margin | 12.4% | 14.0% | 13.3% | -1.6pp | -0.8pp |
| Net Margin | 1.5% | 3.9% | 3.4% | -2.4pp | -1.9pp |
| EPS (Diluted) | $0.17 | $0.44 | $0.31 | -61.4% | -45.2% |
| Free Cash Flow | -$396M | $37M | -$94M | -1179.3% | -321.3% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $159M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $117M |
| Other Expenses | $0 |
| Operating Expenses | $117M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $42M |
| Interest Income | $0 |
| Interest Expense | $17M |
| Other Income/Expenses | -$17M |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $322.0K |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $35M |
| EBIT | $42M |
| EBITDA | $77M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $159M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $117M |
| Other Expenses | $0 |
| Operating Expenses | $117M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $42M |
| Interest Income | $0 |
| Interest Expense | $17M |
| Other Income/Expenses | -$17M |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $322.0K |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $35M |
| EBIT | $42M |
| EBITDA | $77M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $20M |
| Depreciation & Amortization | $35M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$352.0K |
| Other Non-Cash Items | -$380M |
| Change in Working Capital | -$36M |
| OPERATING CASH FLOW | -$358M |
| Capital Expenditure | -$38M |
| Acquisitions (Net) | -$695M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $375M |
| NET CASH FROM INVESTING | -$357M |
| Net Debt Issuance | $161M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$14M |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | $140M |
| FREE CASH FLOW | -$396M |
| Net Change in Cash | -$575M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $52M |
| Short-Term Investments | $0 |
| Net Receivables | $1.0B |
| Inventory | $829M |
| Other Current Assets | $130M |
| TOTAL CURRENT ASSETS | $2.0B |
| PP&E (Net) | $1.5B |
| Goodwill | $64M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $123M |
| TOTAL NON-CURRENT ASSETS | $1.7B |
| TOTAL ASSETS | $3.7B |
| Account Payables | $320M |
| Short-Term Debt | $29M |
| Deferred Revenue | $122M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $758M |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $27M |
| Other Non-Current Liabilities | $126M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $2.2B |
| Common Stock | $1M |
| Additional Paid-In Capital | $343M |
| Retained Earnings | $1.4B |
| Treasury Stock | -$203M |
| Accum. Other Comp. Income | -$102M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $186.0K |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $3.7B |
| Total Debt | $1.3B |
| Net Debt | $1.3B |
