| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $329M | $471M | $305M | -30.2% | 7.7% |
| Op. Income | -$5M | $62M | $1M | -108.2% | -456.1% |
| Gross Margin | 24.1% | 30.1% | 28.5% | -6.0pp | -4.4pp |
| Net Margin | -6.3% | 8.9% | -2.2% | -15.1pp | -4.1pp |
| EPS (Diluted) | $-0.66 | $1.34 | $-0.23 | -149.3% | -187.0% |
| Free Cash Flow | -$59M | $37M | -$73M | -260.6% | 18.8% |
| Item | Amount |
|---|---|
| REVENUE | $329M |
| Cost of Revenue | $249M |
| GROSS PROFIT | $79M |
| R&D Expenses | $8M |
| Selling & Marketing | $10M |
| General & Administrative | $66M |
| SG&A Expenses | $76M |
| Other Expenses | $0 |
| Operating Expenses | $84M |
| Cost & Expenses | $334M |
| OPERATING INCOME | -$5M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | -$14M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | -$21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$21M |
| D&A | $17M |
| EBIT | -$4M |
| EBITDA | $13M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$21M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$50M |
| OPERATING CASH FLOW | -$48M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $6M |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $49M |
| NET CASH FROM FINANCING | $49M |
| FREE CASH FLOW | -$59M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $62M |
| Short-Term Investments | $0 |
| Net Receivables | $443M |
| Inventory | $123M |
| Other Current Assets | $81M |
| TOTAL CURRENT ASSETS | $709M |
| PP&E (Net) | $232M |
| Goodwill | $583M |
| Intangible Assets | $156M |
| Long-Term Investments | $0 |
| Tax Assets | $5M |
| Other Non-Current Assets | $236M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $1.9B |
| Account Payables | $110M |
| Short-Term Debt | $237M |
| Deferred Revenue | $63M |
| Other Current Liabilities | $109M |
| TOTAL CURRENT LIABILITIES | $519M |
| Long-Term Debt | $272M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $155M |
| TOTAL NON-CURRENT LIABILITIES | $427M |
| TOTAL LIABILITIES | $946M |
| Common Stock | $276M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $842M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$130M |
| Other Equity | -$14M |
| TOTAL STOCKHOLDERS' EQUITY | $975M |
| Minority Interest | $0 |
| TOTAL EQUITY | $975M |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $509M |
| Net Debt | $447M |
