| Metric | Q4 2014 | Q3 2014 | Q4 2013 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $318M | $396M | $307M | -19.6% | 3.7% |
| Op. Income | $7M | $40M | $12M | -82.5% | -40.6% |
| Gross Margin | 20.3% | 25.2% | 19.2% | -4.9pp | 1.2pp |
| Net Margin | 1.6% | 8.3% | 2.7% | -6.7pp | -1.1pp |
| EPS (Diluted) | $0.19 | $1.22 | $0.31 | -84.4% | -38.7% |
| Free Cash Flow | $7M | $75M | -$45M | -90.1% | 116.6% |
| Item | Amount |
|---|---|
| REVENUE | $318M |
| Cost of Revenue | $254M |
| GROSS PROFIT | $65M |
| R&D Expenses | $4M |
| Selling & Marketing | $6M |
| General & Administrative | $48M |
| SG&A Expenses | $53M |
| Other Expenses | $0 |
| Operating Expenses | $58M |
| Cost & Expenses | $311M |
| OPERATING INCOME | $7M |
| Interest Income | $0 |
| Interest Expense | $871.0K |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $695.0K |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $9M |
| EBIT | $7M |
| EBITDA | $16M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $318M |
| Cost of Revenue | $254M |
| GROSS PROFIT | $65M |
| R&D Expenses | $4M |
| Selling & Marketing | $6M |
| General & Administrative | $48M |
| SG&A Expenses | $53M |
| Other Expenses | $0 |
| Operating Expenses | $58M |
| Cost & Expenses | $311M |
| OPERATING INCOME | $7M |
| Interest Income | $0 |
| Interest Expense | $871.0K |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $695.0K |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $9M |
| EBIT | $7M |
| EBITDA | $16M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $10.0K |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | $8M |
| Capital Expenditure | -$876.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$86M |
| NET CASH FROM INVESTING | -$87M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $58M |
| NET CASH FROM FINANCING | $58M |
| FREE CASH FLOW | $7M |
| Net Change in Cash | -$29M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $187M |
| Short-Term Investments | $1M |
| Net Receivables | $397M |
| Inventory | $41M |
| Other Current Assets | $103M |
| TOTAL CURRENT ASSETS | $729M |
| PP&E (Net) | $62M |
| Goodwill | $240M |
| Intangible Assets | $95M |
| Long-Term Investments | $0 |
| Tax Assets | $22M |
| Other Non-Current Assets | $103M |
| TOTAL NON-CURRENT ASSETS | $521M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $25M |
| Short-Term Debt | $61M |
| Deferred Revenue | $90M |
| Other Current Liabilities | $146M |
| TOTAL CURRENT LIABILITIES | $321M |
| Long-Term Debt | $102M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $54M |
| TOTAL NON-CURRENT LIABILITIES | $156M |
| TOTAL LIABILITIES | $477M |
| Common Stock | $20M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $808M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$19M |
| Other Equity | -$36M |
| TOTAL STOCKHOLDERS' EQUITY | $773M |
| Minority Interest | $0 |
| TOTAL EQUITY | $773M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $162M |
| Net Debt | -$25M |
