| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $298M | $297M | $309M | 0.3% | -3.4% |
| Op. Income | $14M | $19M | $14M | -22.9% | 0.8% |
| Gross Margin | 22.2% | 21.8% | 19.3% | 0.3pp | 2.9pp |
| Net Margin | -7.0% | 6.7% | -2.7% | -13.7pp | -4.3pp |
| EPS (Diluted) | $-1.03 | $0.97 | $-0.41 | -206.2% | -151.2% |
| Free Cash Flow | $20M | $14M | $22M | 47.0% | -8.0% |
| Item | Amount |
|---|---|
| REVENUE | $298M |
| Cost of Revenue | $232M |
| GROSS PROFIT | $66M |
| R&D Expenses | $3M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $79M |
| Other Expenses | -$31M |
| Operating Expenses | $52M |
| Cost & Expenses | $284M |
| OPERATING INCOME | $14M |
| Interest Income | $0 |
| Interest Expense | $461.0K |
| Other Income/Expenses | -$41M |
| INCOME BEFORE TAX | -$27M |
| Income Tax Expense | -$6M |
| Net Income from Continuing Ops | -$21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$21M |
| D&A | $6M |
| EBIT | -$21M |
| EBITDA | -$14M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$21M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | -$4M |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | $51M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $27M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $406.0K |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | -$552.0K |
| Common Stock Repurchased | -$422.0K |
| Common Dividends Paid | -$2M |
| Other Financing Activities | -$150.0K |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | $20M |
| Net Change in Cash | $17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $71M |
| Short-Term Investments | $0 |
| Net Receivables | $131M |
| Inventory | $215M |
| Other Current Assets | $23M |
| TOTAL CURRENT ASSETS | $439M |
| PP&E (Net) | $251M |
| Goodwill | $91M |
| Intangible Assets | $6M |
| Long-Term Investments | $0 |
| Tax Assets | $6M |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $361M |
| TOTAL ASSETS | $800M |
| Account Payables | $50M |
| Short-Term Debt | $823.0K |
| Deferred Revenue | $6M |
| Other Current Liabilities | $33M |
| TOTAL CURRENT LIABILITIES | $140M |
| Long-Term Debt | $17M |
| Deferred Revenue NC | $33M |
| Deferred Tax Liabilities | $195.0K |
| Other Non-Current Liabilities | $41M |
| TOTAL NON-CURRENT LIABILITIES | $107M |
| TOTAL LIABILITIES | $246M |
| Common Stock | $235M |
| Additional Paid-In Capital | $235M |
| Retained Earnings | $548M |
| Treasury Stock | -$175M |
| Accum. Other Comp. Income | -$58M |
| Other Equity | -$230M |
| TOTAL STOCKHOLDERS' EQUITY | $554M |
| Minority Interest | $0 |
| TOTAL EQUITY | $554M |
| TOTAL LIABILITIES & EQUITY | $800M |
| Total Debt | $18M |
| Net Debt | -$53M |
