| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $382M | $552M | $398M | -30.8% | -3.9% |
| Op. Income | $6M | $105M | -$1M | -94.1% | 546.6% |
| Gross Margin | 76.4% | 74.6% | 72.8% | 1.7pp | 3.6pp |
| Net Margin | -11.8% | 10.1% | -7.6% | -21.8pp | -4.1pp |
| EPS (Diluted) | $-3.94 | $4.81 | $-2.73 | -181.9% | -44.3% |
| Free Cash Flow | $161M | $196M | $195M | -17.9% | -17.5% |
| Item | Amount |
|---|---|
| REVENUE | $382M |
| Cost of Revenue | $90M |
| GROSS PROFIT | $292M |
| R&D Expenses | $6M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $248M |
| Other Expenses | $32M |
| Operating Expenses | $286M |
| Cost & Expenses | $376M |
| OPERATING INCOME | $6M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$45M |
| INCOME BEFORE TAX | -$39M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | -$45M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$45M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$45M |
| D&A | $9M |
| EBIT | $12M |
| EBITDA | $21M |
| EPS | -$4 |
| EPS Diluted | -$4 |
| Item | Amount |
|---|---|
| Net Income | -$45M |
| Depreciation & Amortization | $65M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$5M |
| Change in Working Capital | $154M |
| OPERATING CASH FLOW | $175M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$28M |
| NET CASH FROM INVESTING | -$42M |
| Net Debt Issuance | $43M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$928.0K |
| NET CASH FROM FINANCING | $40M |
| FREE CASH FLOW | $161M |
| Net Change in Cash | $172M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $315M |
| Short-Term Investments | $0 |
| Net Receivables | $346M |
| Inventory | $186M |
| Other Current Assets | $27M |
| TOTAL CURRENT ASSETS | $958M |
| PP&E (Net) | $102M |
| Goodwill | $494M |
| Intangible Assets | $581M |
| Long-Term Investments | $12M |
| Tax Assets | $0 |
| Other Non-Current Assets | $367M |
| TOTAL NON-CURRENT ASSETS | $1.6B |
| TOTAL ASSETS | $2.5B |
| Account Payables | $133M |
| Short-Term Debt | $31M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $617M |
| TOTAL CURRENT LIABILITIES | $932M |
| Long-Term Debt | $2.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $700M |
| TOTAL NON-CURRENT LIABILITIES | $2.9B |
| TOTAL LIABILITIES | $3.8B |
| Common Stock | $105.0K |
| Additional Paid-In Capital | $41M |
| Retained Earnings | -$1.3B |
| Treasury Stock | -$19M |
| Accum. Other Comp. Income | -$44M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | -$1.3B |
| TOTAL LIABILITIES & EQUITY | $2.5B |
| Total Debt | $2.2B |
| Net Debt | $1.9B |
