| Metric | FY 2019 | Prior Q | FY 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.5B | — | $8.3B | — | -22.0% |
| Op. Income | -$400M | — | -$702M | — | 43.1% |
| Gross Margin | 29.5% | — | 27.9% | — | 1.7pp |
| Net Margin | -7.3% | — | -8.1% | — | 0.8pp |
| EPS (Diluted) | $-1.35 | — | $-1.65 | — | 18.2% |
| Free Cash Flow | -$493M | — | $231M | — | -313.1% |
| Item | Amount |
|---|---|
| REVENUE | $6.5B |
| Cost of Revenue | $4.6B |
| GROSS PROFIT | $1.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.9B |
| Other Expenses | $386M |
| Operating Expenses | $2.3B |
| Cost & Expenses | $6.9B |
| OPERATING INCOME | -$400M |
| Interest Income | $11M |
| Interest Expense | $39M |
| Other Income/Expenses | -$27M |
| INCOME BEFORE TAX | -$427M |
| Income Tax Expense | $38M |
| Net Income from Continuing Ops | -$464M |
| Net Income from Discontinued Ops | -$7M |
| Other Adjustments | $0 |
| NET INCOME | -$471M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$471M |
| D&A | $96M |
| EBIT | -$400M |
| EBITDA | -$303M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$471M |
| Depreciation & Amortization | $96M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $61M |
| Other Non-Cash Items | $401M |
| Change in Working Capital | -$511M |
| OPERATING CASH FLOW | -$415M |
| Capital Expenditure | -$79M |
| Acquisitions (Net) | $5M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $12M |
| NET CASH FROM INVESTING | -$61M |
| Net Debt Issuance | -$405M |
| Common Stock Repurchased | -$199M |
| Common Dividends Paid | -$41M |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$645M |
| FREE CASH FLOW | -$493M |
| Net Change in Cash | -$1.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $499M |
| Short-Term Investments | $0 |
| Net Receivables | $142M |
| Inventory | $860M |
| Other Current Assets | $12M |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $1.0B |
| Goodwill | $0 |
| Intangible Assets | $23M |
| Long-Term Investments | $0 |
| Tax Assets | $83M |
| Other Non-Current Assets | $37M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $2.8B |
| Account Payables | $381M |
| Short-Term Debt | $0 |
| Deferred Revenue | $350M |
| Other Current Liabilities | $105M |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $420M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $21M |
| TOTAL NON-CURRENT LIABILITIES | $971M |
| TOTAL LIABILITIES | $2.2B |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $690M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$79M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $612M |
| Minority Interest | $0 |
| TOTAL EQUITY | $612M |
| TOTAL LIABILITIES & EQUITY | $2.8B |
| Total Debt | $1.2B |
| Net Debt | $689M |
