| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $605M | $689M | $559M | -12.3% | 8.2% |
| Op. Income | $22M | $55M | $42M | -59.8% | -47.3% |
| Gross Margin | 12.2% | 15.4% | 16.2% | -3.2pp | -4.0pp |
| Net Margin | 3.0% | 4.5% | 4.7% | -1.5pp | -1.7pp |
| EPS (Diluted) | $0.54 | $0.94 | $0.83 | -42.6% | -34.9% |
| Free Cash Flow | -$124M | -$34M | -$70M | -267.4% | -78.3% |
| Item | Amount |
|---|---|
| REVENUE | $605M |
| Cost of Revenue | $531M |
| GROSS PROFIT | $74M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $50M |
| SG&A Expenses | $50M |
| Other Expenses | $1M |
| Operating Expenses | $52M |
| Cost & Expenses | $583M |
| OPERATING INCOME | $22M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | $11M |
| INCOME BEFORE TAX | $33M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $21M |
| EBIT | $39M |
| EBITDA | $60M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $605M |
| Cost of Revenue | $531M |
| GROSS PROFIT | $74M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $50M |
| SG&A Expenses | $50M |
| Other Expenses | $1M |
| Operating Expenses | $52M |
| Cost & Expenses | $583M |
| OPERATING INCOME | $22M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | $11M |
| INCOME BEFORE TAX | $33M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $21M |
| EBIT | $39M |
| EBITDA | $60M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $18M |
| Depreciation & Amortization | $21M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$133M |
| OPERATING CASH FLOW | -$95M |
| Capital Expenditure | -$29M |
| Acquisitions (Net) | $34M |
| Purchases of Investments | -$11M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | $44M |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | -$467.0K |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | $36M |
| FREE CASH FLOW | -$124M |
| Net Change in Cash | -$68M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $472M |
| Short-Term Investments | $0 |
| Net Receivables | $307M |
| Inventory | $493M |
| Other Current Assets | -$20M |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $1.0B |
| Goodwill | $78M |
| Intangible Assets | $42M |
| Long-Term Investments | $86M |
| Tax Assets | $0 |
| Other Non-Current Assets | $27M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $2.5B |
| Account Payables | $224M |
| Short-Term Debt | $22M |
| Deferred Revenue | $109M |
| Other Current Liabilities | -$109M |
| TOTAL CURRENT LIABILITIES | $460M |
| Long-Term Debt | $488M |
| Deferred Revenue NC | $109M |
| Deferred Tax Liabilities | $31M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $627M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $0 |
| Additional Paid-In Capital | $441M |
| Retained Earnings | $846M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$29M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $170M |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $2.5B |
| Total Debt | $510M |
| Net Debt | $38M |
