| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $216M | $261M | $199M | -17.3% | 8.5% |
| Op. Income | -$14M | $14M | -$30M | -200.3% | 54.1% |
| Gross Margin | 46.2% | 53.3% | 45.4% | -7.1pp | 0.8pp |
| Net Margin | -5.0% | 4.0% | -12.2% | -9.1pp | 7.2pp |
| EPS (Diluted) | $-1.72 | $0.07 | $-0.41 | -2557.1% | -319.5% |
| Free Cash Flow | $22M | $43M | $11M | -50.0% | 90.8% |
| Item | Amount |
|---|---|
| REVENUE | $216M |
| Cost of Revenue | $116M |
| GROSS PROFIT | $100M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $112M |
| SG&A Expenses | $112M |
| Other Expenses | -$12M |
| Operating Expenses | $114M |
| Cost & Expenses | $230M |
| OPERATING INCOME | -$14M |
| Interest Income | $434.0K |
| Interest Expense | $584.0K |
| Other Income/Expenses | -$79.0K |
| INCOME BEFORE TAX | -$14M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | -$11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$119M |
| D&A | $8M |
| EBIT | -$13M |
| EBITDA | -$6M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$11M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $24M |
| OPERATING CASH FLOW | $28M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $544.0K |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | $120M |
| Common Stock Repurchased | -$210M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$301.0K |
| NET CASH FROM FINANCING | -$102M |
| FREE CASH FLOW | $22M |
| Net Change in Cash | -$80M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $125M |
| Short-Term Investments | $0 |
| Net Receivables | $108M |
| Inventory | $124M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $380M |
| PP&E (Net) | $22M |
| Goodwill | $2M |
| Intangible Assets | $46M |
| Long-Term Investments | $2M |
| Tax Assets | $9M |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $89M |
| TOTAL ASSETS | $469M |
| Account Payables | $77M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $58M |
| TOTAL CURRENT LIABILITIES | $184M |
| Long-Term Debt | $120M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $14M |
| TOTAL NON-CURRENT LIABILITIES | $134M |
| TOTAL LIABILITIES | $319M |
| Common Stock | $103.0K |
| Additional Paid-In Capital | $481M |
| Retained Earnings | $121M |
| Treasury Stock | -$397M |
| Accum. Other Comp. Income | -$55M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $150M |
| Minority Interest | $0 |
| TOTAL EQUITY | $150M |
| TOTAL LIABILITIES & EQUITY | $469M |
| Total Debt | $120M |
| Net Debt | -$5M |
