| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $329M | $332M | $379M | -0.9% | -13.2% |
| Op. Income | -$6M | -$26M | -$93M | 76.9% | 93.5% |
| Gross Margin | 15.2% | 13.6% | 16.9% | 1.6pp | -1.7pp |
| Net Margin | 5.8% | 1.2% | -12.1% | 4.6pp | 17.9pp |
| EPS (Diluted) | $0.33 | $-0.02 | $-1.20 | 1510.3% | 127.5% |
| Free Cash Flow | -$37M | -$29M | -$14M | -27.6% | -164.3% |
| Item | Amount |
|---|---|
| REVENUE | $329M |
| Cost of Revenue | $279M |
| GROSS PROFIT | $50M |
| R&D Expenses | $12M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $53M |
| Other Expenses | -$9M |
| Operating Expenses | $56M |
| Cost & Expenses | $335M |
| OPERATING INCOME | -$6M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | $29M |
| INCOME BEFORE TAX | $23M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | -$1M |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $19M |
| EBIT | $25M |
| EBITDA | $44M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $19M |
| Depreciation & Amortization | $19M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | -$48M |
| Change in Working Capital | -$23M |
| OPERATING CASH FLOW | -$30M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $7M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $7M |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $1M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | -$37M |
| Net Change in Cash | -$37M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $238M |
| Short-Term Investments | $0 |
| Net Receivables | $244M |
| Inventory | $306M |
| Other Current Assets | $56M |
| TOTAL CURRENT ASSETS | $844M |
| PP&E (Net) | $276M |
| Goodwill | $32M |
| Intangible Assets | $76M |
| Long-Term Investments | $0 |
| Tax Assets | $175M |
| Other Non-Current Assets | $137M |
| TOTAL NON-CURRENT ASSETS | $696M |
| TOTAL ASSETS | $1.5B |
| Account Payables | $167M |
| Short-Term Debt | $396M |
| Deferred Revenue | $31M |
| Other Current Liabilities | $189M |
| TOTAL CURRENT LIABILITIES | $779M |
| Long-Term Debt | $5M |
| Deferred Revenue NC | $531M |
| Deferred Tax Liabilities | $13M |
| Other Non-Current Liabilities | $551M |
| TOTAL NON-CURRENT LIABILITIES | $572M |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $0 |
| Additional Paid-In Capital | $621M |
| Retained Earnings | -$187M |
| Treasury Stock | -$9M |
| Accum. Other Comp. Income | -$407M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $189M |
| Minority Interest | $0 |
| TOTAL EQUITY | $189M |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $401M |
| Net Debt | $163M |
