| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.1B | $3.5B | $3.2B | -11.0% | -3.9% |
| Op. Income | $19M | $113M | $60M | -83.5% | -69.0% |
| Gross Margin | 7.3% | 9.2% | 6.4% | -1.9pp | 0.9pp |
| Net Margin | 0.2% | 2.2% | 1.2% | -2.0pp | -1.0pp |
| EPS (Diluted) | $0.16 | $2.38 | $1.16 | -93.3% | -86.2% |
| Free Cash Flow | $18M | $116M | $59M | -84.8% | -70.0% |
| Item | Amount |
|---|---|
| REVENUE | $3.1B |
| Cost of Revenue | $2.9B |
| GROSS PROFIT | $226M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $35M |
| Other Expenses | $173M |
| Operating Expenses | $208M |
| Cost & Expenses | $3.1B |
| OPERATING INCOME | $19M |
| Interest Income | $700.0K |
| Interest Expense | $14M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $600.0K |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $40M |
| EBIT | $20M |
| EBITDA | $59M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $3.1B |
| Cost of Revenue | $2.9B |
| GROSS PROFIT | $226M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $35M |
| Other Expenses | $173M |
| Operating Expenses | $208M |
| Cost & Expenses | $3.1B |
| OPERATING INCOME | $19M |
| Interest Income | $700.0K |
| Interest Expense | $14M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $600.0K |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $40M |
| EBIT | $20M |
| EBITDA | $59M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $40M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $48M |
| Capital Expenditure | -$31M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$30M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | -$13M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$23M |
| FREE CASH FLOW | $18M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $180M |
| Short-Term Investments | $0 |
| Net Receivables | $227M |
| Inventory | $179M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $613M |
| PP&E (Net) | $1.7B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $153M |
| TOTAL NON-CURRENT ASSETS | $1.9B |
| TOTAL ASSETS | $2.5B |
| Account Payables | $512M |
| Short-Term Debt | $21M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $188M |
| TOTAL CURRENT LIABILITIES | $721M |
| Long-Term Debt | $838M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $190M |
| Other Non-Current Liabilities | $40M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $500.0K |
| Additional Paid-In Capital | $532M |
| Retained Earnings | $1.2B |
| Treasury Stock | -$948M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $798M |
| Minority Interest | $0 |
| TOTAL EQUITY | $798M |
| TOTAL LIABILITIES & EQUITY | $2.5B |
| Total Debt | $859M |
| Net Debt | $679M |
