| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $830M | $936M | $843M | -11.4% | -1.6% |
| Op. Income | -$14M | $56M | -$57M | -125.1% | 75.3% |
| Gross Margin | 24.8% | 29.5% | 24.8% | -4.6pp | 0.0pp |
| Net Margin | -0.9% | 4.6% | -5.4% | -5.6pp | 4.5pp |
| EPS (Diluted) | $-0.11 | $0.60 | $-0.58 | -118.3% | 81.0% |
| Free Cash Flow | $60M | $65M | $11M | -6.5% | 439.7% |
| Item | Amount |
|---|---|
| REVENUE | $830M |
| Cost of Revenue | $624M |
| GROSS PROFIT | $206M |
| R&D Expenses | $0 |
| Selling & Marketing | $124M |
| General & Administrative | $109M |
| SG&A Expenses | $233M |
| Other Expenses | -$42.0K |
| Operating Expenses | $220M |
| Cost & Expenses | $844M |
| OPERATING INCOME | -$14M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$16M |
| Income Tax Expense | -$8M |
| Net Income from Continuing Ops | -$8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$8M |
| D&A | $22M |
| EBIT | -$14M |
| EBITDA | $8M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$8M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $8M |
| Other Non-Cash Items | $15M |
| Change in Working Capital | $37M |
| OPERATING CASH FLOW | $79M |
| Capital Expenditure | -$18M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$17M |
| Net Debt Issuance | -$45M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$18M |
| Other Financing Activities | $108.0K |
| NET CASH FROM FINANCING | -$63M |
| FREE CASH FLOW | $60M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $87M |
| Short-Term Investments | $25M |
| Net Receivables | $89M |
| Inventory | $633M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $901M |
| PP&E (Net) | $1.3B |
| Goodwill | $114M |
| Intangible Assets | $23M |
| Long-Term Investments | $58M |
| Tax Assets | $32M |
| Other Non-Current Assets | $24M |
| TOTAL NON-CURRENT ASSETS | $1.6B |
| TOTAL ASSETS | $2.5B |
| Account Payables | $299M |
| Short-Term Debt | $0 |
| Deferred Revenue | $52M |
| Other Current Liabilities | $96M |
| TOTAL CURRENT LIABILITIES | $680M |
| Long-Term Debt | $190M |
| Deferred Revenue NC | -$2M |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $26M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $971M |
| Additional Paid-In Capital | $971M |
| Retained Earnings | $267M |
| Treasury Stock | -$515M |
| Accum. Other Comp. Income | -$2M |
| Other Equity | -$971M |
| TOTAL STOCKHOLDERS' EQUITY | $721M |
| Minority Interest | $0 |
| TOTAL EQUITY | $721M |
| TOTAL LIABILITIES & EQUITY | $2.5B |
| Total Debt | $1.2B |
| Net Debt | $1.1B |
