| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.7B | $2.3B | $3.0B | -26.9% | -43.3% |
| Op. Income | $15M | $18M | $117M | -15.7% | -87.2% |
| Gross Margin | 31.8% | 34.7% | 33.3% | -2.9pp | -1.6pp |
| Net Margin | -8.8% | 8.9% | 1.8% | -17.7pp | -10.6pp |
| EPS (Diluted) | $-0.36 | $0.46 | $0.11 | -178.3% | -427.3% |
| Free Cash Flow | -$259M | $388M | -$497M | -166.7% | 47.9% |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $544M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $518M |
| SG&A Expenses | $518M |
| Other Expenses | $0 |
| Operating Expenses | $518M |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $15M |
| Interest Income | $0 |
| Interest Expense | $80M |
| Other Income/Expenses | -$101M |
| INCOME BEFORE TAX | -$89M |
| Income Tax Expense | -$17M |
| Net Income from Continuing Ops | -$74M |
| Net Income from Discontinued Ops | -$77M |
| Other Adjustments | -$200.0K |
| NET INCOME | -$151M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$151M |
| D&A | $87M |
| EBIT | $86M |
| EBITDA | $77M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$151M |
| Depreciation & Amortization | $87M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$47M |
| Other Non-Cash Items | $188M |
| Change in Working Capital | -$282M |
| OPERATING CASH FLOW | -$200M |
| Capital Expenditure | -$58M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$18M |
| NET CASH FROM INVESTING | -$76M |
| Net Debt Issuance | $245M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$98M |
| Other Financing Activities | $300.0K |
| NET CASH FROM FINANCING | $146M |
| FREE CASH FLOW | -$259M |
| Net Change in Cash | -$132M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $364M |
| Short-Term Investments | $0 |
| Net Receivables | $1.6B |
| Inventory | $1.8B |
| Other Current Assets | $3.7B |
| TOTAL CURRENT ASSETS | $7.5B |
| PP&E (Net) | $1.6B |
| Goodwill | $3.0B |
| Intangible Assets | $5.5B |
| Long-Term Investments | $0 |
| Tax Assets | $216M |
| Other Non-Current Assets | $329M |
| TOTAL NON-CURRENT ASSETS | $10.6B |
| TOTAL ASSETS | $18.1B |
| Account Payables | $935M |
| Short-Term Debt | $574M |
| Deferred Revenue | $1.3B |
| Other Current Liabilities | $853M |
| TOTAL CURRENT LIABILITIES | $3.6B |
| Long-Term Debt | $6.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.0B |
| Other Non-Current Liabilities | $1.3B |
| TOTAL NON-CURRENT LIABILITIES | $9.6B |
| TOTAL LIABILITIES | $13.1B |
| Common Stock | $447M |
| Additional Paid-In Capital | $8.7B |
| Retained Earnings | -$2.7B |
| Treasury Stock | -$588M |
| Accum. Other Comp. Income | -$937M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.9B |
| Minority Interest | $35M |
| TOTAL EQUITY | $5.0B |
| TOTAL LIABILITIES & EQUITY | $18.1B |
| Total Debt | $7.8B |
| Net Debt | $7.5B |
