| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $237M | $251M | $227M | -5.5% | 4.4% |
| Op. Income | $9M | $8M | $6M | 16.4% | 49.0% |
| Gross Margin | 25.0% | 26.5% | 23.4% | -1.5pp | 1.6pp |
| Net Margin | 1.8% | 1.6% | 1.2% | 0.2pp | 0.6pp |
| EPS (Diluted) | $0.19 | $0.17 | $0.11 | 11.8% | 72.7% |
| Free Cash Flow | -$59M | $8M | -$48M | -800.4% | -23.8% |
| Item | Amount |
|---|---|
| REVENUE | $237M |
| Cost of Revenue | $178M |
| GROSS PROFIT | $59M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $50M |
| SG&A Expenses | $50M |
| Other Expenses | $0 |
| Operating Expenses | $50M |
| Cost & Expenses | $228M |
| OPERATING INCOME | $9M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $2M |
| EBIT | $9M |
| EBITDA | $11M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $237M |
| Cost of Revenue | $178M |
| GROSS PROFIT | $59M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $50M |
| SG&A Expenses | $50M |
| Other Expenses | $0 |
| Operating Expenses | $50M |
| Cost & Expenses | $228M |
| OPERATING INCOME | $9M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $2M |
| EBIT | $9M |
| EBITDA | $11M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $803.0K |
| Change in Working Capital | -$66M |
| OPERATING CASH FLOW | -$56M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $247.0K |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $54M |
| Common Stock Repurchased | -$813.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$474.0K |
| NET CASH FROM FINANCING | $52M |
| FREE CASH FLOW | -$59M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $36M |
| Short-Term Investments | $0 |
| Net Receivables | $29M |
| Inventory | $441M |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $512M |
| PP&E (Net) | $127M |
| Goodwill | $30M |
| Intangible Assets | $0 |
| Long-Term Investments | -$30M |
| Tax Assets | $7M |
| Other Non-Current Assets | $30M |
| TOTAL NON-CURRENT ASSETS | $165M |
| TOTAL ASSETS | $677M |
| Account Payables | $10M |
| Short-Term Debt | $308M |
| Deferred Revenue | $20M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $365M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $367M |
| Common Stock | $27.0K |
| Additional Paid-In Capital | $254M |
| Retained Earnings | $131M |
| Treasury Stock | -$75M |
| Accum. Other Comp. Income | -$72M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $309M |
| Minority Interest | $0 |
| TOTAL EQUITY | $309M |
| TOTAL LIABILITIES & EQUITY | $677M |
| Total Debt | $308M |
| Net Debt | $272M |
