| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $460M | $478M | $964M | -3.9% | -52.3% |
| Op. Income | $45M | $71M | $104M | -36.3% | -56.7% |
| Gross Margin | 43.1% | 42.3% | 42.0% | 0.9pp | 1.2pp |
| Net Margin | 5.0% | 7.4% | 3.9% | -2.3pp | 1.2pp |
| EPS (Diluted) | $0.09 | $0.12 | $0.13 | -25.0% | -30.8% |
| Free Cash Flow | -$155M | $46M | -$171M | -436.8% | 9.6% |
| Item | Amount |
|---|---|
| REVENUE | $460M |
| Cost of Revenue | $262M |
| GROSS PROFIT | $198M |
| R&D Expenses | $11M |
| Selling & Marketing | $0 |
| General & Administrative | $142M |
| SG&A Expenses | $142M |
| Other Expenses | $0 |
| Operating Expenses | $153M |
| Cost & Expenses | $415M |
| OPERATING INCOME | $45M |
| Interest Income | $0 |
| Interest Expense | $38M |
| Other Income/Expenses | -$59M |
| INCOME BEFORE TAX | -$14M |
| Income Tax Expense | -$10M |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $27M |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $39M |
| EBIT | $24M |
| EBITDA | $63M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $23M |
| Depreciation & Amortization | $39M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$93M |
| Change in Working Capital | -$117M |
| OPERATING CASH FLOW | -$148M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $4.2B |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | $4.2B |
| Net Debt Issuance | -$3.8B |
| Common Stock Repurchased | -$434M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$46M |
| NET CASH FROM FINANCING | -$4.2B |
| FREE CASH FLOW | -$155M |
| Net Change in Cash | -$185M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $230M |
| Short-Term Investments | $0 |
| Net Receivables | $380M |
| Inventory | $202M |
| Other Current Assets | $169M |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $263M |
| Goodwill | $2.2B |
| Intangible Assets | $1.0B |
| Long-Term Investments | -$129M |
| Tax Assets | $129M |
| Other Non-Current Assets | $116M |
| TOTAL NON-CURRENT ASSETS | $3.6B |
| TOTAL ASSETS | $4.6B |
| Account Payables | $110M |
| Short-Term Debt | $128M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $218M |
| TOTAL CURRENT LIABILITIES | $456M |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $129M |
| Other Non-Current Liabilities | $216M |
| TOTAL NON-CURRENT LIABILITIES | $1.9B |
| TOTAL LIABILITIES | $2.3B |
| Common Stock | $3M |
| Additional Paid-In Capital | $4.1B |
| Retained Earnings | -$1.6B |
| Treasury Stock | -$5M |
| Accum. Other Comp. Income | -$240M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.3B |
| Minority Interest | -$2M |
| TOTAL EQUITY | $2.3B |
| TOTAL LIABILITIES & EQUITY | $4.6B |
| Total Debt | $1.6B |
| Net Debt | $1.4B |
