| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $257M | — | $317M | — | -18.8% |
| Op. Income | -$25M | — | -$45M | — | 45.3% |
| Gross Margin | 32.3% | — | 34.6% | — | -2.3pp |
| Net Margin | -11.6% | — | -14.1% | — | 2.4pp |
| EPS (Diluted) | $-3.30 | — | $-5.40 | — | 38.9% |
| Free Cash Flow | $94M | — | $191M | — | -50.9% |
| Item | Amount |
|---|---|
| REVENUE | $257M |
| Cost of Revenue | $174M |
| GROSS PROFIT | $83M |
| R&D Expenses | $24M |
| Selling & Marketing | $0 |
| General & Administrative | $69M |
| SG&A Expenses | $69M |
| Other Expenses | $14M |
| Operating Expenses | $108M |
| Cost & Expenses | $282M |
| OPERATING INCOME | -$25M |
| Interest Income | $3M |
| Interest Expense | $78M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | -$28M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | -$30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$30M |
| D&A | $6M |
| EBIT | -$25M |
| EBITDA | -$19M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$30M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $197.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$19M |
| Change in Working Capital | $140M |
| OPERATING CASH FLOW | $97M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$236M |
| Sales/Maturities of Investments | $103M |
| Other Investing Activities | $6M |
| NET CASH FROM INVESTING | -$130M |
| Net Debt Issuance | -$31M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$33M |
| FREE CASH FLOW | $94M |
| Net Change in Cash | -$66M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $228M |
| Short-Term Investments | $0 |
| Net Receivables | $179M |
| Inventory | $5.4B |
| Other Current Assets | $28M |
| TOTAL CURRENT ASSETS | $7.0B |
| PP&E (Net) | $31M |
| Goodwill | $0 |
| Intangible Assets | $1.0B |
| Long-Term Investments | $3M |
| Tax Assets | $0 |
| Other Non-Current Assets | $350M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $8.4B |
| Account Payables | $38M |
| Short-Term Debt | $127M |
| Deferred Revenue | $5M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $287M |
| Long-Term Debt | $6.8B |
| Deferred Revenue NC | $5M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $754M |
| TOTAL NON-CURRENT LIABILITIES | $7.5B |
| TOTAL LIABILITIES | $7.8B |
| Common Stock | $1M |
| Additional Paid-In Capital | $553M |
| Retained Earnings | $47M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $600M |
| Minority Interest | $1M |
| TOTAL EQUITY | $601M |
| TOTAL LIABILITIES & EQUITY | $8.4B |
| Total Debt | $6.9B |
| Net Debt | $6.7B |
