| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $332M | $318M | $381M | 4.4% | -12.9% |
| Op. Income | -$26M | -$35M | -$27M | 25.7% | 3.7% |
| Gross Margin | 13.6% | 11.9% | 18.4% | 1.6pp | -4.8pp |
| Net Margin | 1.2% | -7.9% | 1.0% | 9.1pp | 0.2pp |
| EPS (Diluted) | $-0.02 | $-0.70 | $-0.02 | 96.7% | -17.0% |
| Free Cash Flow | -$29M | -$37M | -$31M | 21.6% | 6.5% |
| Item | Amount |
|---|---|
| REVENUE | $332M |
| Cost of Revenue | $287M |
| GROSS PROFIT | $45M |
| R&D Expenses | $12M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $59M |
| Other Expenses | $0 |
| Operating Expenses | $71M |
| Cost & Expenses | $358M |
| OPERATING INCOME | -$26M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | $29M |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $1M |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $20M |
| EBIT | $5M |
| EBITDA | $25M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $20M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | -$26M |
| Change in Working Capital | -$24M |
| OPERATING CASH FLOW | -$22M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $1M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | -$29M |
| Net Change in Cash | -$40M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $275M |
| Short-Term Investments | $0 |
| Net Receivables | $242M |
| Inventory | $301M |
| Other Current Assets | $56M |
| TOTAL CURRENT ASSETS | $874M |
| PP&E (Net) | $290M |
| Goodwill | $32M |
| Intangible Assets | $79M |
| Long-Term Investments | $0 |
| Tax Assets | $175M |
| Other Non-Current Assets | $123M |
| TOTAL NON-CURRENT ASSETS | $699M |
| TOTAL ASSETS | $1.6B |
| Account Payables | $181M |
| Short-Term Debt | $3M |
| Deferred Revenue | $33M |
| Other Current Liabilities | $129M |
| TOTAL CURRENT LIABILITIES | $392M |
| Long-Term Debt | $398M |
| Deferred Revenue NC | $562M |
| Deferred Tax Liabilities | $14M |
| Other Non-Current Liabilities | $589M |
| TOTAL NON-CURRENT LIABILITIES | $1.0B |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $0 |
| Additional Paid-In Capital | $624M |
| Retained Earnings | -$205M |
| Treasury Stock | -$9M |
| Accum. Other Comp. Income | -$398M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $180M |
| Minority Interest | $0 |
| TOTAL EQUITY | $180M |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $401M |
| Net Debt | $126M |
