| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $401M | $810M | $369M | -50.6% | 8.4% |
| Op. Income | $18M | $193M | -$31M | -90.5% | 159.3% |
| Gross Margin | 48.0% | 52.2% | 43.0% | -4.2pp | 5.0pp |
| Net Margin | 5.1% | 10.7% | -4.3% | -5.5pp | 9.4pp |
| EPS (Diluted) | $0.11 | $0.45 | $-0.08 | -75.5% | 234.7% |
| Free Cash Flow | $61M | $425M | $24M | -85.7% | 151.9% |
| Item | Amount |
|---|---|
| REVENUE | $401M |
| Cost of Revenue | $208M |
| GROSS PROFIT | $192M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $174M |
| Other Expenses | $0 |
| Operating Expenses | $174M |
| Cost & Expenses | $382M |
| OPERATING INCOME | $18M |
| Interest Income | $2M |
| Interest Expense | $541.0K |
| Other Income/Expenses | -$385.0K |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | -$3M |
| 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 | $12M |
| EBIT | $18M |
| EBITDA | $30M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $401M |
| Cost of Revenue | $208M |
| GROSS PROFIT | $192M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $174M |
| Other Expenses | $0 |
| Operating Expenses | $174M |
| Cost & Expenses | $382M |
| OPERATING INCOME | $18M |
| Interest Income | $2M |
| Interest Expense | $541.0K |
| Other Income/Expenses | -$385.0K |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | -$3M |
| 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 | $12M |
| EBIT | $18M |
| EBITDA | $30M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $21M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $41M |
| OPERATING CASH FLOW | $74M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $116.0K |
| NET CASH FROM INVESTING | -$13M |
| Net Debt Issuance | -$146.0K |
| Common Stock Repurchased | -$125M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $412.0K |
| NET CASH FROM FINANCING | -$125M |
| FREE CASH FLOW | $61M |
| Net Change in Cash | -$63M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $430M |
| Short-Term Investments | $0 |
| Net Receivables | $146M |
| Inventory | $300M |
| Other Current Assets | $17M |
| TOTAL CURRENT ASSETS | $911M |
| PP&E (Net) | $220M |
| Goodwill | $14M |
| Intangible Assets | $58M |
| Long-Term Investments | $0 |
| Tax Assets | $38M |
| Other Non-Current Assets | $23M |
| TOTAL NON-CURRENT ASSETS | $354M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $94M |
| Short-Term Debt | $578.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $189M |
| Long-Term Debt | $32M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $103M |
| TOTAL NON-CURRENT LIABILITIES | $134M |
| TOTAL LIABILITIES | $324M |
| Common Stock | $304.0K |
| Additional Paid-In Capital | $168M |
| Retained Earnings | $786M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$13M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $941M |
| Minority Interest | $0 |
| TOTAL EQUITY | $941M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $32M |
| Net Debt | -$398M |
