| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $841M | $708M | $974M | 18.7% | -13.7% |
| Op. Income | -$189M | -$277M | -$49M | 31.6% | -285.9% |
| Gross Margin | 30.1% | 30.9% | 41.0% | -0.8pp | -10.9pp |
| Net Margin | -28.7% | -43.9% | -5.8% | 15.3pp | -22.9pp |
| EPS (Diluted) | $-0.70 | $-0.90 | $-0.16 | 22.2% | -337.5% |
| Free Cash Flow | -$314M | -$321M | -$318M | 2.4% | 1.2% |
| Item | Amount |
|---|---|
| REVENUE | $841M |
| Cost of Revenue | $588M |
| GROSS PROFIT | $253M |
| R&D Expenses | $0 |
| Selling & Marketing | $82M |
| General & Administrative | $360M |
| SG&A Expenses | $442M |
| Other Expenses | $0 |
| Operating Expenses | $442M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | -$189M |
| Interest Income | $2M |
| Interest Expense | $43M |
| Other Income/Expenses | -$45M |
| INCOME BEFORE TAX | -$234M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | -$241M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$241M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$241M |
| D&A | $68M |
| EBIT | -$191M |
| EBITDA | -$122M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$241M |
| Depreciation & Amortization | $68M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $199.0K |
| Other Non-Cash Items | $27M |
| Change in Working Capital | -$145M |
| OPERATING CASH FLOW | -$283M |
| Capital Expenditure | -$31M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$23M |
| NET CASH FROM INVESTING | -$54M |
| Net Debt Issuance | $56M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $54M |
| FREE CASH FLOW | -$314M |
| Net Change in Cash | -$298M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $229M |
| Short-Term Investments | $0 |
| Net Receivables | $780M |
| Inventory | $715M |
| Other Current Assets | $327M |
| TOTAL CURRENT ASSETS | $2.1B |
| PP&E (Net) | $720M |
| Goodwill | $1.4B |
| Intangible Assets | $612M |
| Long-Term Investments | $0 |
| Tax Assets | $75M |
| Other Non-Current Assets | $205M |
| TOTAL NON-CURRENT ASSETS | $3.0B |
| TOTAL ASSETS | $5.1B |
| Account Payables | $429M |
| Short-Term Debt | $80M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $31M |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $2.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $444M |
| TOTAL NON-CURRENT LIABILITIES | $3.3B |
| TOTAL LIABILITIES | $4.4B |
| Common Stock | $441M |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | $1.6B |
| Treasury Stock | -$2.4B |
| Accum. Other Comp. Income | -$824M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $664M |
| Minority Interest | $0 |
| TOTAL EQUITY | $664M |
| TOTAL LIABILITIES & EQUITY | $5.1B |
| Total Debt | $2.9B |
| Net Debt | $2.7B |
