| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $418M | $515M | $386M | -18.9% | 8.3% |
| Op. Income | $16M | -$62M | $2M | 126.1% | 852.9% |
| Gross Margin | 19.2% | 17.3% | 17.7% | 1.9pp | 1.5pp |
| Net Margin | -6.4% | -15.2% | -2.6% | 8.8pp | -3.8pp |
| EPS (Diluted) | $-0.75 | $-2.20 | $-0.28 | 65.9% | -167.9% |
| Free Cash Flow | -$272M | -$82M | -$179M | -230.5% | -51.4% |
| Item | Amount |
|---|---|
| REVENUE | $418M |
| Cost of Revenue | $338M |
| GROSS PROFIT | $80M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $59M |
| SG&A Expenses | $59M |
| Other Expenses | $0 |
| Operating Expenses | $60M |
| Cost & Expenses | $397M |
| OPERATING INCOME | $16M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$40M |
| INCOME BEFORE TAX | -$23M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | -$27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$27M |
| D&A | $9M |
| EBIT | -$12M |
| EBITDA | -$3M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$27M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $27M |
| Change in Working Capital | -$279M |
| OPERATING CASH FLOW | -$267M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $131M |
| NET CASH FROM INVESTING | $127M |
| Net Debt Issuance | $55M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | $50M |
| FREE CASH FLOW | -$272M |
| Net Change in Cash | -$91M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $49M |
| Short-Term Investments | $0 |
| Net Receivables | $258M |
| Inventory | $538M |
| Other Current Assets | $43M |
| TOTAL CURRENT ASSETS | $888M |
| PP&E (Net) | $335M |
| Goodwill | $233M |
| Intangible Assets | $117M |
| Long-Term Investments | -$4M |
| Tax Assets | $4M |
| Other Non-Current Assets | $60M |
| TOTAL NON-CURRENT ASSETS | $746M |
| TOTAL ASSETS | $1.6B |
| Account Payables | $272M |
| Short-Term Debt | $6M |
| Deferred Revenue | $13M |
| Other Current Liabilities | $130M |
| TOTAL CURRENT LIABILITIES | $505M |
| Long-Term Debt | $342M |
| Deferred Revenue NC | $26M |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $142M |
| TOTAL NON-CURRENT LIABILITIES | $553M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $1M |
| Additional Paid-In Capital | $585M |
| Retained Earnings | $163M |
| Treasury Stock | -$55M |
| Accum. Other Comp. Income | -$119M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $576M |
| Minority Interest | $0 |
| TOTAL EQUITY | $576M |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $398M |
| Net Debt | $349M |
