| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $386M | — | $306M | — | 26.3% |
| Op. Income | $2M | — | -$24M | — | 107.2% |
| Gross Margin | 17.7% | — | 17.0% | — | 0.7pp |
| Net Margin | -2.6% | — | -11.8% | — | 9.2pp |
| EPS (Diluted) | $-0.28 | — | $-1.03 | — | 72.8% |
| Free Cash Flow | -$179M | — | -$36M | — | -394.2% |
| Item | Amount |
|---|---|
| REVENUE | $386M |
| Cost of Revenue | $318M |
| GROSS PROFIT | $68M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $60M |
| SG&A Expenses | $60M |
| Other Expenses | $0 |
| Operating Expenses | $61M |
| Cost & Expenses | $378M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | -$6M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | -$10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$10M |
| D&A | $9M |
| EBIT | $4M |
| EBITDA | $16M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$10M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$174M |
| OPERATING CASH FLOW | -$173M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $150M |
| NET CASH FROM INVESTING | $144M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$800.0K |
| FREE CASH FLOW | -$179M |
| Net Change in Cash | -$24M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $99M |
| Short-Term Investments | $0 |
| Net Receivables | $198M |
| Inventory | $472M |
| Other Current Assets | $50M |
| TOTAL CURRENT ASSETS | $818M |
| PP&E (Net) | $306M |
| Goodwill | $324M |
| Intangible Assets | $124M |
| Long-Term Investments | -$15M |
| Tax Assets | $15M |
| Other Non-Current Assets | $72M |
| TOTAL NON-CURRENT ASSETS | $826M |
| TOTAL ASSETS | $1.6B |
| Account Payables | $254M |
| Short-Term Debt | $8M |
| Deferred Revenue | $14M |
| Other Current Liabilities | $135M |
| TOTAL CURRENT LIABILITIES | $484M |
| Long-Term Debt | $266M |
| Deferred Revenue NC | $22M |
| Deferred Tax Liabilities | $15M |
| Other Non-Current Liabilities | $173M |
| TOTAL NON-CURRENT LIABILITIES | $476M |
| TOTAL LIABILITIES | $961M |
| Common Stock | $1M |
| Additional Paid-In Capital | $578M |
| Retained Earnings | $247M |
| Treasury Stock | -$58M |
| Accum. Other Comp. Income | -$85M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $683M |
| Minority Interest | $0 |
| TOTAL EQUITY | $683M |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $274M |
| Net Debt | $174M |
