| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.3B | $1.5B | -1.7% | -14.1% |
| Op. Income | $41M | $45M | $70M | -8.9% | -41.4% |
| Gross Margin | 22.9% | 19.2% | 18.9% | 3.7pp | 4.0pp |
| Net Margin | -10.9% | -18.2% | 13.9% | 7.3pp | -24.9pp |
| EPS (Diluted) | $-0.68 | $-1.15 | $0.98 | 40.9% | -169.4% |
| Free Cash Flow | $179M | -$90M | $188M | 298.9% | -4.8% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $989M |
| GROSS PROFIT | $293M |
| R&D Expenses | $4M |
| Selling & Marketing | $9M |
| General & Administrative | $124M |
| SG&A Expenses | $133M |
| Other Expenses | -$4M |
| Operating Expenses | $252M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $41M |
| Interest Income | $0 |
| Interest Expense | $20M |
| Other Income/Expenses | -$184M |
| INCOME BEFORE TAX | -$143M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | -$140M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$140M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$143M |
| D&A | $115M |
| EBIT | $30M |
| EBITDA | -$8M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$140M |
| Depreciation & Amortization | $115M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $15M |
| Other Non-Cash Items | $35M |
| Change in Working Capital | $220M |
| OPERATING CASH FLOW | $253M |
| Capital Expenditure | -$74M |
| Acquisitions (Net) | $3M |
| Purchases of Investments | -$13M |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | $9M |
| NET CASH FROM INVESTING | -$74M |
| Net Debt Issuance | -$6M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$10M |
| FREE CASH FLOW | $179M |
| Net Change in Cash | $170M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $756M |
| Short-Term Investments | $0 |
| Net Receivables | $1.0B |
| Inventory | $15M |
| Other Current Assets | $162M |
| TOTAL CURRENT ASSETS | $2.0B |
| PP&E (Net) | $328M |
| Goodwill | $3.4B |
| Intangible Assets | $651M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $329M |
| TOTAL NON-CURRENT ASSETS | $4.7B |
| TOTAL ASSETS | $6.7B |
| Account Payables | $230M |
| Short-Term Debt | $55M |
| Deferred Revenue | $112M |
| Other Current Liabilities | $374M |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $32M |
| Deferred Tax Liabilities | $327M |
| Other Non-Current Liabilities | $280M |
| TOTAL NON-CURRENT LIABILITIES | $2.3B |
| TOTAL LIABILITIES | $3.5B |
| Common Stock | $2M |
| Additional Paid-In Capital | $3.9B |
| Retained Earnings | -$233M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$425M |
| Other Equity | -$142M |
| TOTAL STOCKHOLDERS' EQUITY | $3.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.2B |
| TOTAL LIABILITIES & EQUITY | $6.7B |
| Total Debt | $1.6B |
| Net Debt | $811M |
