| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $398M | $635M | $400M | -37.4% | -0.6% |
| Op. Income | -$1M | $174M | $5M | -100.8% | -129.5% |
| Gross Margin | 72.8% | 77.0% | 77.9% | -4.2pp | -5.2pp |
| Net Margin | -7.6% | 19.8% | -11.7% | -27.4pp | 4.0pp |
| EPS (Diluted) | $-2.73 | $10.96 | $-4.14 | -124.9% | 34.1% |
| Free Cash Flow | $195M | $262M | $197M | -25.6% | -1.3% |
| Item | Amount |
|---|---|
| REVENUE | $398M |
| Cost of Revenue | $108M |
| GROSS PROFIT | $289M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $252M |
| Other Expenses | $39M |
| Operating Expenses | $291M |
| Cost & Expenses | $399M |
| OPERATING INCOME | -$1M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$47M |
| INCOME BEFORE TAX | -$48M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | -$31M |
| Net Income from Discontinued Ops | $260.0K |
| Other Adjustments | $0 |
| NET INCOME | -$30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$31M |
| D&A | $10M |
| EBIT | $3M |
| EBITDA | $13M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$30M |
| Depreciation & Amortization | $60M |
| Stock-Based Compensation | $908.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$43M |
| Change in Working Capital | $221M |
| OPERATING CASH FLOW | $208M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$24M |
| NET CASH FROM INVESTING | -$37M |
| Net Debt Issuance | -$215M |
| Common Stock Repurchased | -$335.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $148M |
| NET CASH FROM FINANCING | -$68M |
| FREE CASH FLOW | $195M |
| Net Change in Cash | $102M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $408M |
| Short-Term Investments | $0 |
| Net Receivables | $275M |
| Inventory | $169M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $947M |
| PP&E (Net) | $96M |
| Goodwill | $497M |
| Intangible Assets | $662M |
| Long-Term Investments | $6M |
| Tax Assets | $0 |
| Other Non-Current Assets | $310M |
| TOTAL NON-CURRENT ASSETS | $1.6B |
| TOTAL ASSETS | $2.5B |
| Account Payables | $114M |
| Short-Term Debt | $17M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $492M |
| TOTAL CURRENT LIABILITIES | $815M |
| Long-Term Debt | $2.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $678M |
| TOTAL NON-CURRENT LIABILITIES | $2.9B |
| TOTAL LIABILITIES | $3.7B |
| Common Stock | $104.0K |
| Additional Paid-In Capital | $4M |
| Retained Earnings | -$1.2B |
| Treasury Stock | -$10M |
| Accum. Other Comp. Income | -$41M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | -$1.2B |
| TOTAL LIABILITIES & EQUITY | $2.5B |
| Total Debt | $2.2B |
| Net Debt | $1.8B |
