| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $495M | $519M | $484M | -4.7% | 2.3% |
| Op. Income | -$97M | -$2M | -$9M | -6159.3% | -965.8% |
| Gross Margin | 6.7% | 9.2% | 8.5% | -2.5pp | -1.9pp |
| Net Margin | -13.0% | -12.7% | 35.8% | -0.2pp | -48.8pp |
| EPS (Diluted) | $-0.65 | $-0.67 | $1.76 | 3.0% | -136.9% |
| Free Cash Flow | -$25M | -$10M | -$41M | -136.5% | 40.4% |
| Item | Amount |
|---|---|
| REVENUE | $495M |
| Cost of Revenue | $462M |
| GROSS PROFIT | $33M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $54M |
| Other Expenses | $0 |
| Operating Expenses | $54M |
| Cost & Expenses | $516M |
| OPERATING INCOME | -$97M |
| Interest Income | $2M |
| Interest Expense | $10M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | -$108M |
| Income Tax Expense | -$44M |
| Net Income from Continuing Ops | -$64M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$64M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$64M |
| D&A | $129M |
| EBIT | -$98M |
| EBITDA | $31M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$64M |
| Depreciation & Amortization | $129M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$15M |
| Other Non-Cash Items | $298.0K |
| Change in Working Capital | -$52M |
| OPERATING CASH FLOW | $911.0K |
| Capital Expenditure | -$26M |
| Acquisitions (Net) | -$173.0K |
| Purchases of Investments | $181.0K |
| Sales/Maturities of Investments | $8M |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$16M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $121.0K |
| NET CASH FROM FINANCING | $121.0K |
| FREE CASH FLOW | -$25M |
| Net Change in Cash | -$13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $354M |
| Short-Term Investments | $10M |
| Net Receivables | $625M |
| Inventory | $195M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $965M |
| Goodwill | $413M |
| Intangible Assets | $80M |
| Long-Term Investments | $39M |
| Tax Assets | -$532M |
| Other Non-Current Assets | $615M |
| TOTAL NON-CURRENT ASSETS | $1.6B |
| TOTAL ASSETS | $2.8B |
| Account Payables | $103M |
| Short-Term Debt | $0 |
| Deferred Revenue | $85M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $495M |
| Long-Term Debt | $787M |
| Deferred Revenue NC | -$18M |
| Deferred Tax Liabilities | $18M |
| Other Non-Current Liabilities | $110M |
| TOTAL NON-CURRENT LIABILITIES | $915M |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $28M |
| Additional Paid-In Capital | $220M |
| Retained Earnings | $2.2B |
| Treasury Stock | -$704M |
| Accum. Other Comp. Income | -$339M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $6M |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $2.8B |
| Total Debt | $787M |
| Net Debt | $432M |
