| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $318M | $460M | $306M | -30.8% | 4.1% |
| Op. Income | -$44M | $8M | -$91M | -630.8% | 51.3% |
| Gross Margin | 24.6% | 28.2% | 15.1% | -3.7pp | 9.5pp |
| Net Margin | -14.5% | 2.0% | -27.6% | -16.5pp | 13.1pp |
| EPS (Diluted) | $-1.94 | $0.38 | $-3.58 | -610.5% | 45.8% |
| Free Cash Flow | $17M | $76M | $97M | -78.2% | -82.7% |
| Item | Amount |
|---|---|
| REVENUE | $318M |
| Cost of Revenue | $240M |
| GROSS PROFIT | $78M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $122M |
| Other Expenses | $0 |
| Operating Expenses | $122M |
| Cost & Expenses | $362M |
| OPERATING INCOME | -$44M |
| Interest Income | $7M |
| Interest Expense | $4M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | -$52M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | -$50M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$46M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$46M |
| D&A | $31M |
| EBIT | -$48M |
| EBITDA | -$17M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$46M |
| Depreciation & Amortization | $31M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $54M |
| OPERATING CASH FLOW | $49M |
| Capital Expenditure | -$33M |
| Acquisitions (Net) | -$123.0K |
| Purchases of Investments | -$123.0K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $34M |
| NET CASH FROM INVESTING | $1M |
| Net Debt Issuance | -$688.0K |
| Common Stock Repurchased | -$804.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $626.0K |
| NET CASH FROM FINANCING | -$866.0K |
| FREE CASH FLOW | $17M |
| Net Change in Cash | $49M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.3B |
| Short-Term Investments | $0 |
| Net Receivables | $106M |
| Inventory | $0 |
| Other Current Assets | $24M |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $1.3B |
| Goodwill | $393M |
| Intangible Assets | $420M |
| Long-Term Investments | $210M |
| Tax Assets | $94M |
| Other Non-Current Assets | $45M |
| TOTAL NON-CURRENT ASSETS | $2.4B |
| TOTAL ASSETS | $3.8B |
| Account Payables | $43M |
| Short-Term Debt | $4M |
| Deferred Revenue | $325M |
| Other Current Liabilities | $270M |
| TOTAL CURRENT LIABILITIES | $766M |
| Long-Term Debt | $101M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $173M |
| Other Non-Current Liabilities | $160M |
| TOTAL NON-CURRENT LIABILITIES | $434M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $249.0K |
| Additional Paid-In Capital | $2.8B |
| Retained Earnings | -$11M |
| Treasury Stock | -$224M |
| Accum. Other Comp. Income | -$47M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.5B |
| Minority Interest | $94M |
| TOTAL EQUITY | $2.6B |
| TOTAL LIABILITIES & EQUITY | $3.8B |
| Total Debt | $106M |
| Net Debt | -$1.2B |
