| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $485M | $901M | $1.4B | -46.2% | -66.0% |
| Op. Income | $7M | $137M | $78M | -95.2% | -91.6% |
| Gross Margin | 22.2% | 30.1% | 10.1% | -7.9pp | 12.1pp |
| Net Margin | -3.5% | 12.4% | 3.0% | -15.9pp | -6.6pp |
| EPS (Diluted) | $-0.29 | $1.81 | $0.72 | -116.0% | -140.3% |
| Free Cash Flow | $0 | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $485M |
| Cost of Revenue | $377M |
| GROSS PROFIT | $107M |
| R&D Expenses | $13M |
| Selling & Marketing | $38M |
| General & Administrative | $51M |
| SG&A Expenses | $89M |
| Other Expenses | -$2M |
| Operating Expenses | $101M |
| Cost & Expenses | $478M |
| OPERATING INCOME | $7M |
| Interest Income | $2M |
| Interest Expense | $22M |
| Other Income/Expenses | -$33M |
| INCOME BEFORE TAX | -$26M |
| Income Tax Expense | -$8M |
| Net Income from Continuing Ops | -$19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $2M |
| NET INCOME | -$17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$17M |
| D&A | $0 |
| EBIT | -$5M |
| EBITDA | -$5M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$17M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $15M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $370M |
| Short-Term Investments | $0 |
| Net Receivables | $532M |
| Inventory | $385M |
| Other Current Assets | $1.7B |
| TOTAL CURRENT ASSETS | $3.1B |
| PP&E (Net) | $1.0B |
| Goodwill | $1M |
| Intangible Assets | $85M |
| Long-Term Investments | $128M |
| Tax Assets | $122M |
| Other Non-Current Assets | $606M |
| TOTAL NON-CURRENT ASSETS | $2.0B |
| TOTAL ASSETS | $5.1B |
| Account Payables | $493M |
| Short-Term Debt | $1.8B |
| Deferred Revenue | $38M |
| Other Current Liabilities | $721M |
| TOTAL CURRENT LIABILITIES | $3.1B |
| Long-Term Debt | $434M |
| Deferred Revenue NC | $77M |
| Deferred Tax Liabilities | $35M |
| Other Non-Current Liabilities | $159M |
| TOTAL NON-CURRENT LIABILITIES | $736M |
| TOTAL LIABILITIES | $3.8B |
| Common Stock | $704M |
| Additional Paid-In Capital | $13M |
| Retained Earnings | $605M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$92M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $43M |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $5.1B |
| Total Debt | $2.3B |
| Net Debt | $1.9B |
