| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $405M | $281M | $437M | 44.4% | -7.3% |
| Op. Income | -$83.0K | -$80M | $16M | 99.9% | -100.5% |
| Gross Margin | 74.0% | 76.3% | 72.1% | -2.4pp | 1.9pp |
| Net Margin | -9.1% | -44.2% | -17.7% | 35.0pp | 8.6pp |
| EPS (Diluted) | $-3.29 | $-10.97 | $-6.83 | 70.0% | 51.8% |
| Free Cash Flow | -$88M | -$150M | -$125M | 41.4% | 29.4% |
| Item | Amount |
|---|---|
| REVENUE | $405M |
| Cost of Revenue | $106M |
| GROSS PROFIT | $300M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $263M |
| Other Expenses | $37M |
| Operating Expenses | $300M |
| Cost & Expenses | $405M |
| OPERATING INCOME | -$83.0K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$31M |
| INCOME BEFORE TAX | -$31M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | -$37M |
| Net Income from Discontinued Ops | $19.0K |
| Other Adjustments | $0 |
| NET INCOME | -$37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$37M |
| D&A | $33M |
| EBIT | $4M |
| EBITDA | $37M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$37M |
| Depreciation & Amortization | $62M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $114M |
| Change in Working Capital | -$220M |
| OPERATING CASH FLOW | -$76M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$17M |
| NET CASH FROM INVESTING | -$29M |
| Net Debt Issuance | -$7M |
| Common Stock Repurchased | -$405.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $58M |
| NET CASH FROM FINANCING | $50M |
| FREE CASH FLOW | -$88M |
| Net Change in Cash | -$54M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $133M |
| Short-Term Investments | $0 |
| Net Receivables | $351M |
| Inventory | $209M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $788M |
| PP&E (Net) | $100M |
| Goodwill | $495M |
| Intangible Assets | $756M |
| Long-Term Investments | $6M |
| Tax Assets | $0 |
| Other Non-Current Assets | $252M |
| TOTAL NON-CURRENT ASSETS | $1.6B |
| TOTAL ASSETS | $2.4B |
| Account Payables | $120M |
| Short-Term Debt | $76M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $443M |
| TOTAL CURRENT LIABILITIES | $765M |
| Long-Term Debt | $2.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $655M |
| TOTAL NON-CURRENT LIABILITIES | $2.9B |
| TOTAL LIABILITIES | $3.7B |
| Common Stock | $104.0K |
| Additional Paid-In Capital | $3M |
| Retained Earnings | -$1.2B |
| Treasury Stock | -$9M |
| Accum. Other Comp. Income | -$54M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | -$1.3B |
| TOTAL LIABILITIES & EQUITY | $2.4B |
| Total Debt | $2.4B |
| Net Debt | $2.2B |
