| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.5B | $1.5B | -16.9% | -14.3% |
| Op. Income | -$447M | $18M | $2M | -2652.6% | -29880.0% |
| Gross Margin | 31.0% | 30.4% | 31.3% | 0.6pp | -0.3pp |
| Net Margin | -32.3% | 0.4% | -1.7% | -32.7pp | -30.6pp |
| EPS (Diluted) | $-1.04 | $0.02 | $-0.06 | -6365.1% | -1604.9% |
| Free Cash Flow | -$4M | -$684M | $80M | 99.4% | -105.4% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $887M |
| GROSS PROFIT | $399M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $482M |
| Other Expenses | $364M |
| Operating Expenses | $846M |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | -$447M |
| Interest Income | $3M |
| Interest Expense | $10M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | -$454M |
| Income Tax Expense | -$40M |
| Net Income from Continuing Ops | -$414M |
| Net Income from Discontinued Ops | -$2M |
| Other Adjustments | $0 |
| NET INCOME | -$415M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$415M |
| D&A | $23M |
| EBIT | -$444M |
| EBITDA | -$421M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$415M |
| Depreciation & Amortization | $23M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$12M |
| Other Non-Cash Items | $239M |
| Change in Working Capital | $181M |
| OPERATING CASH FLOW | $18M |
| Capital Expenditure | -$23M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$900.0K |
| NET CASH FROM INVESTING | -$24M |
| Net Debt Issuance | -$51M |
| Common Stock Repurchased | -$63M |
| Common Dividends Paid | -$200.0K |
| Other Financing Activities | -$200.0K |
| NET CASH FROM FINANCING | -$115M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | -$119M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $424M |
| Short-Term Investments | $0 |
| Net Receivables | $122M |
| Inventory | $949M |
| Other Current Assets | $29M |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $1.1B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $158M |
| Other Non-Current Assets | $81M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $3.0B |
| Account Payables | $368M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $15M |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $419M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $100.0K |
| Other Non-Current Liabilities | $18M |
| TOTAL NON-CURRENT LIABILITIES | $961M |
| TOTAL LIABILITIES | $2.2B |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $885M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$75M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $810M |
| Minority Interest | $0 |
| TOTAL EQUITY | $810M |
| TOTAL LIABILITIES & EQUITY | $3.0B |
| Total Debt | $1.2B |
| Net Debt | $759M |
