| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.8B | $3.5B | $2.0B | -49.0% | -12.7% |
| Op. Income | $47M | -$97M | $101M | 148.1% | -54.0% |
| Gross Margin | 29.7% | 29.3% | 34.3% | 0.5pp | -4.6pp |
| Net Margin | 1.6% | -3.0% | 2.9% | 4.6pp | -1.3pp |
| EPS (Diluted) | $0.07 | $-0.26 | $0.15 | 126.6% | -53.9% |
| Free Cash Flow | -$550M | $424M | -$277M | -229.5% | -98.5% |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $531M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $456M |
| Other Expenses | $29M |
| Operating Expenses | $485M |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $47M |
| Interest Income | $500.0K |
| Interest Expense | $14M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $33M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $8M |
| Other Adjustments | $0 |
| NET INCOME | $28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $28M |
| D&A | $34M |
| EBIT | $47M |
| EBITDA | $81M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $531M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $456M |
| Other Expenses | $29M |
| Operating Expenses | $485M |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $47M |
| Interest Income | $500.0K |
| Interest Expense | $14M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $33M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $8M |
| Other Adjustments | $0 |
| NET INCOME | $28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $28M |
| D&A | $34M |
| EBIT | $47M |
| EBITDA | $81M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $28M |
| Depreciation & Amortization | $34M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $15M |
| Change in Working Capital | -$617M |
| OPERATING CASH FLOW | -$532M |
| Capital Expenditure | -$18M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$16M |
| Net Debt Issuance | -$12M |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | -$41M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$57M |
| FREE CASH FLOW | -$550M |
| Net Change in Cash | -$618M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $247M |
| Short-Term Investments | $0 |
| Net Receivables | $156M |
| Inventory | $1.3B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $412M |
| Goodwill | $1.7B |
| Intangible Assets | $163M |
| Long-Term Investments | $0 |
| Tax Assets | $154M |
| Other Non-Current Assets | $69M |
| TOTAL NON-CURRENT ASSETS | $2.5B |
| TOTAL ASSETS | $4.3B |
| Account Payables | $551M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $819M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $87M |
| TOTAL NON-CURRENT LIABILITIES | $910M |
| TOTAL LIABILITIES | $2.1B |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $26M |
| Retained Earnings | $2.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$23M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.2B |
| TOTAL LIABILITIES & EQUITY | $4.3B |
| Total Debt | $819M |
| Net Debt | $571M |
