| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $526M | $495M | $494M | 6.2% | 6.4% |
| Op. Income | -$96M | $144M | $78M | -166.6% | -222.5% |
| Gross Margin | 36.3% | 36.9% | 32.5% | -0.6pp | 3.8pp |
| Net Margin | -11.0% | 16.1% | 9.0% | -27.1pp | -20.0pp |
| EPS (Diluted) | $-0.13 | $0.18 | $0.10 | -172.2% | -230.0% |
| Free Cash Flow | $700.0K | $48M | -$17M | -98.5% | 104.1% |
| Item | Amount |
|---|---|
| REVENUE | $526M |
| Cost of Revenue | $335M |
| GROSS PROFIT | $191M |
| R&D Expenses | $9M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $85M |
| Other Expenses | $193M |
| Operating Expenses | $287M |
| Cost & Expenses | $622M |
| OPERATING INCOME | -$96M |
| Interest Income | $2M |
| Interest Expense | $10M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | -$103M |
| Income Tax Expense | -$46M |
| Net Income from Continuing Ops | -$58M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$58M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$58M |
| D&A | $23M |
| EBIT | -$94M |
| EBITDA | -$70M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$58M |
| Depreciation & Amortization | $23M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$65M |
| Other Non-Cash Items | $197M |
| Change in Working Capital | -$45M |
| OPERATING CASH FLOW | $56M |
| Capital Expenditure | -$55M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$57M |
| Net Debt Issuance | $100M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$46M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $52M |
| FREE CASH FLOW | $700.0K |
| Net Change in Cash | $50M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $282M |
| Short-Term Investments | $0 |
| Net Receivables | $196M |
| Inventory | $256M |
| Other Current Assets | $84M |
| TOTAL CURRENT ASSETS | $843M |
| PP&E (Net) | $992M |
| Goodwill | $5M |
| Intangible Assets | $12M |
| Long-Term Investments | $0 |
| Tax Assets | $413M |
| Other Non-Current Assets | $86M |
| TOTAL NON-CURRENT ASSETS | $1.5B |
| TOTAL ASSETS | $2.4B |
| Account Payables | $112M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $129M |
| TOTAL CURRENT LIABILITIES | $395M |
| Long-Term Debt | $884M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $66M |
| Other Non-Current Liabilities | $1.2B |
| TOTAL NON-CURRENT LIABILITIES | $2.2B |
| TOTAL LIABILITIES | $2.6B |
| Common Stock | $230M |
| Additional Paid-In Capital | $186M |
| Retained Earnings | -$635M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$222M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$222M |
| TOTAL LIABILITIES & EQUITY | $2.4B |
| Total Debt | $884M |
| Net Debt | $603M |
