| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $200M | $217M | $225M | -7.7% | -10.9% |
| Op. Income | $3M | $62M | $11M | -94.5% | -68.8% |
| Gross Margin | 35.2% | 38.5% | 38.3% | -3.3pp | -3.1pp |
| Net Margin | -0.5% | 22.1% | -10.5% | -22.6pp | 10.0pp |
| EPS (Diluted) | $-0.03 | $1.40 | $-0.71 | -102.1% | 95.9% |
| Free Cash Flow | $42M | $53M | $50M | -22.1% | -16.6% |
| Item | Amount |
|---|---|
| REVENUE | $200M |
| Cost of Revenue | $130M |
| GROSS PROFIT | $71M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $54M |
| Other Expenses | $13M |
| Operating Expenses | $67M |
| Cost & Expenses | $197M |
| OPERATING INCOME | $3M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $13M |
| EBIT | $6M |
| EBITDA | $19M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | $39M |
| OPERATING CASH FLOW | $56M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | -$12M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$800.0K |
| NET CASH FROM INVESTING | -$27M |
| Net Debt Issuance | -$35M |
| Common Stock Repurchased | -$700.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$37M |
| FREE CASH FLOW | $42M |
| Net Change in Cash | -$9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $47M |
| Short-Term Investments | $0 |
| Net Receivables | $173M |
| Inventory | $12M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $249M |
| PP&E (Net) | $32M |
| Goodwill | $450M |
| Intangible Assets | $85M |
| Long-Term Investments | $0 |
| Tax Assets | $10M |
| Other Non-Current Assets | $43M |
| TOTAL NON-CURRENT ASSETS | $620M |
| TOTAL ASSETS | $869M |
| Account Payables | $72M |
| Short-Term Debt | $0 |
| Deferred Revenue | $16M |
| Other Current Liabilities | $30M |
| TOTAL CURRENT LIABILITIES | $198M |
| Long-Term Debt | $363M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $82M |
| TOTAL NON-CURRENT LIABILITIES | $444M |
| TOTAL LIABILITIES | $643M |
| Common Stock | $300.0K |
| Additional Paid-In Capital | $217M |
| Retained Earnings | $94M |
| Treasury Stock | -$2M |
| Accum. Other Comp. Income | -$83M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $226M |
| Minority Interest | $0 |
| TOTAL EQUITY | $226M |
| TOTAL LIABILITIES & EQUITY | $869M |
| Total Debt | $363M |
| Net Debt | $315M |
