| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.5B | $1.6B | -4.9% | -8.6% |
| Op. Income | $44M | $70M | $25M | -37.1% | 76.0% |
| Gross Margin | 17.7% | 18.9% | 16.7% | -1.1pp | 1.1pp |
| Net Margin | -3.5% | 13.9% | -0.4% | -17.5pp | -3.1pp |
| EPS (Diluted) | $-0.24 | $0.98 | $-0.04 | -124.5% | -500.0% |
| Free Cash Flow | -$77M | $188M | -$131M | -141.0% | 41.2% |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $252M |
| R&D Expenses | $2M |
| Selling & Marketing | $0 |
| General & Administrative | $145M |
| SG&A Expenses | $145M |
| Other Expenses | $1M |
| Operating Expenses | $208M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $44M |
| Interest Income | $0 |
| Interest Expense | $33M |
| Other Income/Expenses | -$98M |
| INCOME BEFORE TAX | -$54M |
| Income Tax Expense | -$4M |
| Net Income from Continuing Ops | -$50M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$50M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$52M |
| D&A | $117M |
| EBIT | -$21M |
| EBITDA | $96M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$50M |
| Depreciation & Amortization | $117M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$8M |
| Other Non-Cash Items | $15M |
| Change in Working Capital | -$119M |
| OPERATING CASH FLOW | -$38M |
| Capital Expenditure | -$39M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$6M |
| NET CASH FROM INVESTING | -$39M |
| Net Debt Issuance | -$21M |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$27M |
| FREE CASH FLOW | -$77M |
| Net Change in Cash | -$104M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $553M |
| Short-Term Investments | $0 |
| Net Receivables | $1.2B |
| Inventory | $659M |
| Other Current Assets | $878M |
| TOTAL CURRENT ASSETS | $2.6B |
| PP&E (Net) | $260M |
| Goodwill | $3.5B |
| Intangible Assets | $831M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $343M |
| TOTAL NON-CURRENT ASSETS | $4.9B |
| TOTAL ASSETS | $7.5B |
| Account Payables | $152M |
| Short-Term Debt | $81M |
| Deferred Revenue | $142M |
| Other Current Liabilities | $710M |
| TOTAL CURRENT LIABILITIES | $1.4B |
| Long-Term Debt | $2.0B |
| Deferred Revenue NC | $142M |
| Deferred Tax Liabilities | $382M |
| Other Non-Current Liabilities | $131M |
| TOTAL NON-CURRENT LIABILITIES | $2.6B |
| TOTAL LIABILITIES | $4.0B |
| Common Stock | $2M |
| Additional Paid-In Capital | $3.9B |
| Retained Earnings | $136M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$481M |
| Other Equity | -$142M |
| TOTAL STOCKHOLDERS' EQUITY | $3.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.5B |
| TOTAL LIABILITIES & EQUITY | $7.5B |
| Total Debt | $2.1B |
| Net Debt | $1.5B |
