| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $300M | $511M | $268M | -41.3% | 11.7% |
| Op. Income | $3M | $30M | -$7M | -91.5% | 137.6% |
| Gross Margin | 44.4% | 38.9% | 45.7% | 5.5pp | -1.3pp |
| Net Margin | -0.9% | 7.8% | -2.9% | -8.7pp | 2.0pp |
| EPS (Diluted) | $-0.08 | $1.24 | $-0.24 | -106.6% | 65.9% |
| Free Cash Flow | -$52M | $107M | -$72M | -148.4% | 27.6% |
| Item | Amount |
|---|---|
| REVENUE | $300M |
| Cost of Revenue | $167M |
| GROSS PROFIT | $133M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $124M |
| Other Expenses | -$4M |
| Operating Expenses | $130M |
| Cost & Expenses | $297M |
| OPERATING INCOME | $3M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | -$8M |
| Income Tax Expense | -$6M |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $6M |
| EBIT | $3M |
| EBITDA | $5M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $967.0K |
| Deferred Income Tax | $6.0K |
| Other Non-Cash Items | $871.0K |
| Change in Working Capital | -$47M |
| OPERATING CASH FLOW | -$41M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$11M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | -$610.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$610.0K |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | -$52M |
| Net Change in Cash | -$54M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $142M |
| Short-Term Investments | $0 |
| Net Receivables | $49M |
| Inventory | $305M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $538M |
| PP&E (Net) | $138M |
| Goodwill | $110M |
| Intangible Assets | $257M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $514M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $97M |
| Short-Term Debt | $5M |
| Deferred Revenue | -$5M |
| Other Current Liabilities | $90M |
| TOTAL CURRENT LIABILITIES | $193M |
| Long-Term Debt | $485M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $59M |
| Other Non-Current Liabilities | $11M |
| TOTAL NON-CURRENT LIABILITIES | $555M |
| TOTAL LIABILITIES | $748M |
| Common Stock | $320.0K |
| Additional Paid-In Capital | $348M |
| Retained Earnings | -$31M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$12M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $305M |
| Minority Interest | $0 |
| TOTAL EQUITY | $305M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $485M |
| Net Debt | $344M |
