| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $210M | $369M | $174M | -43.2% | 20.3% |
| Op. Income | -$56M | -$31M | -$78M | -82.2% | 28.2% |
| Gross Margin | 43.2% | 43.0% | 43.7% | 0.2pp | -0.5pp |
| Net Margin | -20.1% | -4.3% | -33.8% | -15.8pp | 13.7pp |
| EPS (Diluted) | $-0.22 | $-0.08 | $-0.31 | -169.4% | 28.3% |
| Free Cash Flow | -$11M | $24M | -$63M | -146.3% | 82.4% |
| Item | Amount |
|---|---|
| REVENUE | $210M |
| Cost of Revenue | $119M |
| GROSS PROFIT | $91M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $147M |
| Other Expenses | $0 |
| Operating Expenses | $147M |
| Cost & Expenses | $266M |
| OPERATING INCOME | -$56M |
| Interest Income | $452.0K |
| Interest Expense | $1M |
| Other Income/Expenses | -$331.0K |
| INCOME BEFORE TAX | -$57M |
| Income Tax Expense | -$14M |
| Net Income from Continuing Ops | -$42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$42M |
| D&A | $12M |
| EBIT | -$56M |
| EBITDA | -$43M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$42M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $18M |
| OPERATING CASH FLOW | -$7M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | -$133.0K |
| Common Stock Repurchased | -$893.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | -$11M |
| Net Change in Cash | -$12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $280M |
| Short-Term Investments | $0 |
| Net Receivables | $146M |
| Inventory | $442M |
| Other Current Assets | $17M |
| TOTAL CURRENT ASSETS | $903M |
| PP&E (Net) | $220M |
| Goodwill | $14M |
| Intangible Assets | $64M |
| Long-Term Investments | $0 |
| Tax Assets | $51M |
| Other Non-Current Assets | $22M |
| TOTAL NON-CURRENT ASSETS | $369M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $230M |
| Short-Term Debt | $557.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $286M |
| Long-Term Debt | $32M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $41M |
| TOTAL NON-CURRENT LIABILITIES | $73M |
| TOTAL LIABILITIES | $359M |
| Common Stock | $320.0K |
| Additional Paid-In Capital | $163M |
| Retained Earnings | $779M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$29M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $914M |
| Minority Interest | $0 |
| TOTAL EQUITY | $914M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $33M |
| Net Debt | -$247M |
