| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $457M | $537M | $468M | -14.9% | -2.4% |
| Op. Income | $42M | $63M | $36M | -33.2% | 15.7% |
| Gross Margin | 42.3% | 43.1% | 42.6% | -0.8pp | -0.2pp |
| Net Margin | -0.1% | 3.6% | 1.4% | -3.7pp | -1.5pp |
| EPS (Diluted) | $-0.01 | $0.36 | $0.12 | -102.1% | -106.2% |
| Free Cash Flow | -$56M | $51M | -$33M | -209.0% | -71.2% |
| Item | Amount |
|---|---|
| REVENUE | $457M |
| Cost of Revenue | $264M |
| GROSS PROFIT | $194M |
| R&D Expenses | $13M |
| Selling & Marketing | $52M |
| General & Administrative | $87M |
| SG&A Expenses | $139M |
| Other Expenses | $42M |
| Operating Expenses | $194M |
| Cost & Expenses | $457M |
| OPERATING INCOME | $42M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | -$34M |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | -$400.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$400.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$400.0K |
| D&A | $22M |
| EBIT | $24M |
| EBITDA | $46M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$400.0K |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$100.0K |
| Other Non-Cash Items | $6M |
| Change in Working Capital | -$79M |
| OPERATING CASH FLOW | -$46M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $7M |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $31M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | $25M |
| FREE CASH FLOW | -$56M |
| Net Change in Cash | -$27M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $240M |
| Short-Term Investments | $0 |
| Net Receivables | $217M |
| Inventory | $367M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $900M |
| PP&E (Net) | $410M |
| Goodwill | $1.4B |
| Intangible Assets | $1.1B |
| Long-Term Investments | -$176M |
| Tax Assets | $176M |
| Other Non-Current Assets | $32M |
| TOTAL NON-CURRENT ASSETS | $3.0B |
| TOTAL ASSETS | $3.9B |
| Account Payables | $207M |
| Short-Term Debt | $195M |
| Deferred Revenue | $142M |
| Other Current Liabilities | $175M |
| TOTAL CURRENT LIABILITIES | $615M |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $176M |
| Other Non-Current Liabilities | $215M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $2.1B |
| Common Stock | $700.0K |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | $1.1B |
| Treasury Stock | -$813M |
| Accum. Other Comp. Income | -$160M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $3.9B |
| Total Debt | $1.3B |
| Net Debt | $1.1B |
