| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $262M | $502M | $300M | -47.7% | -12.5% |
| Op. Income | -$5M | $31M | $3M | -115.4% | -287.4% |
| Gross Margin | 45.7% | 38.9% | 44.4% | 6.8pp | 1.3pp |
| Net Margin | -2.6% | 3.2% | -0.9% | -5.8pp | -1.7pp |
| EPS (Diluted) | $-0.21 | $0.50 | $-0.08 | -142.0% | -156.4% |
| Free Cash Flow | -$51M | $89M | -$52M | -157.8% | 1.2% |
| Item | Amount |
|---|---|
| REVENUE | $262M |
| Cost of Revenue | $143M |
| GROSS PROFIT | $120M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $117M |
| Other Expenses | $867.0K |
| Operating Expenses | $125M |
| Cost & Expenses | $267M |
| OPERATING INCOME | -$5M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | -$12M |
| Income Tax Expense | -$5M |
| Net Income from Continuing Ops | -$7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$7M |
| D&A | $8M |
| EBIT | -$4M |
| EBITDA | $4M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$7M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $246.0K |
| Change in Working Capital | -$37M |
| OPERATING CASH FLOW | -$36M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$15M |
| Net Debt Issuance | -$101M |
| Common Stock Repurchased | -$687.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$687.0K |
| NET CASH FROM FINANCING | -$102M |
| FREE CASH FLOW | -$51M |
| Net Change in Cash | -$153M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $40M |
| Short-Term Investments | $0 |
| Net Receivables | $28M |
| Inventory | $319M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $424M |
| PP&E (Net) | $182M |
| Goodwill | $110M |
| Intangible Assets | $257M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $554M |
| TOTAL ASSETS | $978M |
| Account Payables | $99M |
| Short-Term Debt | $5M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$5M |
| TOTAL CURRENT LIABILITIES | $197M |
| Long-Term Debt | $382M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $56M |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $466M |
| TOTAL LIABILITIES | $663M |
| Common Stock | $324.0K |
| Additional Paid-In Capital | $354M |
| Retained Earnings | -$26M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$13M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $315M |
| Minority Interest | $0 |
| TOTAL EQUITY | $315M |
| TOTAL LIABILITIES & EQUITY | $978M |
| Total Debt | $420M |
| Net Debt | $380M |
