| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.0B | $1.0B | $878M | 4.3% | 19.2% |
| Op. Income | -$580M | $117M | $39M | -595.7% | -1587.2% |
| Gross Margin | 56.1% | 56.0% | 54.0% | 0.1pp | 2.1pp |
| Net Margin | -10.9% | 12.1% | -4.3% | -22.9pp | -6.6pp |
| EPS (Diluted) | $-0.60 | $0.63 | $-0.20 | -195.2% | -200.0% |
| Free Cash Flow | $201M | -$2M | $46M | 10150.0% | 337.0% |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $460M |
| GROSS PROFIT | $587M |
| R&D Expenses | $154M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $308M |
| Other Expenses | -$15M |
| Operating Expenses | $447M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | -$580M |
| Interest Income | $4M |
| Interest Expense | $20M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | -$584M |
| Income Tax Expense | -$470M |
| Net Income from Continuing Ops | -$114M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$114M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$114M |
| D&A | $77M |
| EBIT | -$564M |
| EBITDA | -$487M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$114M |
| Depreciation & Amortization | $77M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | -$562M |
| Other Non-Cash Items | $709M |
| Change in Working Capital | $114M |
| OPERATING CASH FLOW | $235M |
| Capital Expenditure | -$34M |
| Acquisitions (Net) | -$12M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $27M |
| NET CASH FROM INVESTING | -$19M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$40M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$39M |
| FREE CASH FLOW | $201M |
| Net Change in Cash | $171M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $913M |
| Short-Term Investments | $0 |
| Net Receivables | $624M |
| Inventory | $619M |
| Other Current Assets | $222M |
| TOTAL CURRENT ASSETS | $2.4B |
| PP&E (Net) | $555M |
| Goodwill | $1.2B |
| Intangible Assets | $645M |
| Long-Term Investments | $46M |
| Tax Assets | $750M |
| Other Non-Current Assets | $279M |
| TOTAL NON-CURRENT ASSETS | $3.4B |
| TOTAL ASSETS | $5.8B |
| Account Payables | $242M |
| Short-Term Debt | $499M |
| Deferred Revenue | $334M |
| Other Current Liabilities | $276M |
| TOTAL CURRENT LIABILITIES | $1.5B |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $127M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $511M |
| TOTAL NON-CURRENT LIABILITIES | $1.9B |
| TOTAL LIABILITIES | $3.4B |
| Common Stock | $2M |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | $1.2B |
| Treasury Stock | -$182M |
| Accum. Other Comp. Income | -$488M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.4B |
| TOTAL LIABILITIES & EQUITY | $5.8B |
| Total Debt | $1.8B |
| Net Debt | $877M |
