| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.9B | $2.5B | $1.9B | -22.9% | 0.6% |
| Op. Income | $76M | $142M | $87M | -46.4% | -12.9% |
| Gross Margin | 29.4% | 27.9% | 29.3% | 1.5pp | 0.0pp |
| Net Margin | 3.0% | 4.1% | 3.1% | -1.1pp | -0.2pp |
| EPS (Diluted) | $0.61 | $1.07 | $0.59 | -43.0% | 3.4% |
| Free Cash Flow | -$269M | $489M | -$68M | -155.0% | -293.0% |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $564M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $487M |
| Other Expenses | $0 |
| Operating Expenses | $488M |
| Cost & Expenses | $1.8B |
| OPERATING INCOME | $76M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $80M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $58M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $58M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $58M |
| D&A | $83M |
| EBIT | $83M |
| EBITDA | $165M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $564M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $487M |
| Other Expenses | $0 |
| Operating Expenses | $488M |
| Cost & Expenses | $1.8B |
| OPERATING INCOME | $76M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $80M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $58M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $58M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $58M |
| D&A | $83M |
| EBIT | $83M |
| EBITDA | $165M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $58M |
| Depreciation & Amortization | $83M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | -$720.0K |
| Other Non-Cash Items | -$17M |
| Change in Working Capital | -$357M |
| OPERATING CASH FLOW | -$222M |
| Capital Expenditure | -$47M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$47M |
| Net Debt Issuance | $388M |
| Common Stock Repurchased | -$107M |
| Common Dividends Paid | -$27M |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | $248M |
| FREE CASH FLOW | -$269M |
| Net Change in Cash | -$21M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $92M |
| Short-Term Investments | $0 |
| Net Receivables | $57M |
| Inventory | $2.1B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.4B |
| PP&E (Net) | $4.0B |
| Goodwill | $250M |
| Intangible Assets | $129M |
| Long-Term Investments | $0 |
| Tax Assets | $13M |
| Other Non-Current Assets | $117M |
| TOTAL NON-CURRENT ASSETS | $4.5B |
| TOTAL ASSETS | $6.9B |
| Account Payables | $932M |
| Short-Term Debt | $0 |
| Deferred Revenue | $196M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.9B |
| Long-Term Debt | $370M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $8M |
| Other Non-Current Liabilities | $169M |
| TOTAL NON-CURRENT LIABILITIES | $3.2B |
| TOTAL LIABILITIES | $5.1B |
| Common Stock | $913.0K |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $2.5B |
| Treasury Stock | -$1.9B |
| Accum. Other Comp. Income | -$139.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.8B |
| TOTAL LIABILITIES & EQUITY | $6.9B |
| Total Debt | $3.4B |
| Net Debt | $3.3B |
