| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.6B | $1.6B | $1.7B | -5.0% | -9.2% |
| Op. Income | $95M | $127M | $85M | -24.9% | 12.1% |
| Gross Margin | 13.3% | 14.9% | 10.6% | -1.6pp | 2.6pp |
| Net Margin | 2.7% | 3.3% | 1.2% | -0.6pp | 1.5pp |
| EPS (Diluted) | $0.25 | $0.32 | $0.12 | -21.9% | 108.3% |
| Free Cash Flow | $2M | $211M | -$9M | -99.0% | 124.4% |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $206M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $103M |
| Other Expenses | $8M |
| Operating Expenses | $111M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $95M |
| Interest Income | $200.0K |
| Interest Expense | $57M |
| Other Income/Expenses | -$42M |
| INCOME BEFORE TAX | $53M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $42M |
| D&A | $153M |
| EBIT | $103M |
| EBITDA | $256M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $206M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $103M |
| Other Expenses | $8M |
| Operating Expenses | $111M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $95M |
| Interest Income | $200.0K |
| Interest Expense | $57M |
| Other Income/Expenses | -$42M |
| INCOME BEFORE TAX | $53M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $42M |
| D&A | $153M |
| EBIT | $103M |
| EBITDA | $256M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $42M |
| Depreciation & Amortization | $153M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | -$12M |
| Change in Working Capital | -$78M |
| OPERATING CASH FLOW | $104M |
| Capital Expenditure | -$102M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $20M |
| NET CASH FROM INVESTING | -$82M |
| Net Debt Issuance | -$50M |
| Common Stock Repurchased | -$13M |
| Common Dividends Paid | -$33M |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$95M |
| FREE CASH FLOW | $2M |
| Net Change in Cash | -$73M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $106M |
| Short-Term Investments | $0 |
| Net Receivables | $815M |
| Inventory | $718M |
| Other Current Assets | $47M |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $3.7B |
| Goodwill | $2.1B |
| Intangible Assets | $494M |
| Long-Term Investments | $0 |
| Tax Assets | $32M |
| Other Non-Current Assets | $1.1B |
| TOTAL NON-CURRENT ASSETS | $7.5B |
| TOTAL ASSETS | $9.2B |
| Account Payables | $637M |
| Short-Term Debt | $126M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $3.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $526M |
| Other Non-Current Liabilities | $1.4B |
| TOTAL NON-CURRENT LIABILITIES | $5.2B |
| TOTAL LIABILITIES | $6.3B |
| Common Stock | $165M |
| Additional Paid-In Capital | $2.2B |
| Retained Earnings | $1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$657M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.8B |
| TOTAL LIABILITIES & EQUITY | $9.2B |
| Total Debt | $3.5B |
| Net Debt | $3.4B |
