| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $305M | $380M | $341M | -19.6% | -10.4% |
| Op. Income | $1M | $29M | -$6M | -95.1% | 125.9% |
| Gross Margin | 28.5% | 32.5% | 23.4% | -4.1pp | 5.1pp |
| Net Margin | -2.2% | 4.7% | -2.9% | -6.8pp | 0.7pp |
| EPS (Diluted) | $-0.23 | $0.65 | $-0.36 | -135.4% | 36.1% |
| Free Cash Flow | -$73M | $26M | -$33M | -385.1% | -120.1% |
| Item | Amount |
|---|---|
| REVENUE | $305M |
| Cost of Revenue | $218M |
| GROSS PROFIT | $87M |
| R&D Expenses | $12M |
| Selling & Marketing | $11M |
| General & Administrative | $63M |
| SG&A Expenses | $74M |
| Other Expenses | $0 |
| Operating Expenses | $86M |
| Cost & Expenses | $304M |
| OPERATING INCOME | $1M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | -$8M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$7M |
| D&A | $16M |
| EBIT | -$4M |
| EBITDA | $16M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$7M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | -$70M |
| OPERATING CASH FLOW | -$61M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$247M |
| NET CASH FROM INVESTING | -$259M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $282M |
| NET CASH FROM FINANCING | $282M |
| FREE CASH FLOW | -$73M |
| Net Change in Cash | -$36M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $76M |
| Short-Term Investments | $0 |
| Net Receivables | $440M |
| Inventory | $92M |
| Other Current Assets | $77M |
| TOTAL CURRENT ASSETS | $685M |
| PP&E (Net) | $125M |
| Goodwill | $484M |
| Intangible Assets | $137M |
| Long-Term Investments | $0 |
| Tax Assets | $5M |
| Other Non-Current Assets | $113M |
| TOTAL NON-CURRENT ASSETS | $864M |
| TOTAL ASSETS | $1.5B |
| Account Payables | $109M |
| Short-Term Debt | $65M |
| Deferred Revenue | $70M |
| Other Current Liabilities | $89M |
| TOTAL CURRENT LIABILITIES | $333M |
| Long-Term Debt | $215M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $50M |
| TOTAL NON-CURRENT LIABILITIES | $265M |
| TOTAL LIABILITIES | $598M |
| Common Stock | $260M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $815M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$113M |
| Other Equity | -$11M |
| TOTAL STOCKHOLDERS' EQUITY | $951M |
| Minority Interest | $0 |
| TOTAL EQUITY | $951M |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $280M |
| Net Debt | $204M |
