| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $2.6B | $1.8B | -40.9% | -13.3% |
| Op. Income | $18M | -$287M | $47M | 106.1% | -62.4% |
| Gross Margin | 30.4% | 13.9% | 29.7% | 16.6pp | 0.7pp |
| Net Margin | 0.4% | -7.2% | 1.6% | 7.6pp | -1.1pp |
| EPS (Diluted) | $0.02 | $-0.46 | $0.07 | 103.6% | -76.0% |
| Free Cash Flow | -$684M | $477M | -$550M | -243.5% | -24.4% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $471M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $454M |
| Other Expenses | $0 |
| Operating Expenses | $454M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $18M |
| Interest Income | $5M |
| Interest Expense | $13M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | -$700.0K |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $23M |
| EBIT | $23M |
| EBITDA | $46M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $471M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $454M |
| Other Expenses | $0 |
| Operating Expenses | $454M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $18M |
| Interest Income | $5M |
| Interest Expense | $13M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | -$700.0K |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $23M |
| EBIT | $23M |
| EBITDA | $46M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $7M |
| Depreciation & Amortization | $23M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$699M |
| OPERATING CASH FLOW | -$665M |
| Capital Expenditure | -$19M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$100.0K |
| NET CASH FROM INVESTING | -$19M |
| Net Debt Issuance | -$353M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$40M |
| Other Financing Activities | -$600.0K |
| NET CASH FROM FINANCING | -$394M |
| FREE CASH FLOW | -$684M |
| Net Change in Cash | -$1.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $543M |
| Short-Term Investments | $0 |
| Net Receivables | $126M |
| Inventory | $1.1B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $1.1B |
| Goodwill | $364M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $147M |
| Other Non-Current Assets | $82M |
| TOTAL NON-CURRENT ASSETS | $1.7B |
| TOTAL ASSETS | $3.6B |
| Account Payables | $458M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.3B |
| Long-Term Debt | $469M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $100.0K |
| Other Non-Current Liabilities | $23M |
| TOTAL NON-CURRENT LIABILITIES | $1.0B |
| TOTAL LIABILITIES | $2.3B |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $29M |
| Retained Earnings | $1.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$68M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $3.6B |
| Total Debt | $1.3B |
| Net Debt | $728M |
