| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $242M | $293M | $201M | -17.5% | 20.0% |
| Op. Income | -$19M | $7M | -$29M | -360.2% | 32.7% |
| Gross Margin | 1.7% | 9.8% | -7.0% | -8.1pp | 8.7pp |
| Net Margin | -14.3% | -4.5% | -13.1% | -9.8pp | -1.2pp |
| EPS (Diluted) | $-2.35 | $-0.90 | $-1.80 | -161.8% | -30.9% |
| Free Cash Flow | $68M | $6M | -$19M | 1046.4% | 461.7% |
| Item | Amount |
|---|---|
| REVENUE | $242M |
| Cost of Revenue | $238M |
| GROSS PROFIT | $4M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $23M |
| SG&A Expenses | $23M |
| Other Expenses | $0 |
| Operating Expenses | $23M |
| Cost & Expenses | $261M |
| OPERATING INCOME | -$19M |
| Interest Income | $458.9K |
| Interest Expense | $23M |
| Other Income/Expenses | -$25M |
| INCOME BEFORE TAX | -$44M |
| Income Tax Expense | -$10M |
| Net Income from Continuing Ops | -$35M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$35M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$35M |
| D&A | $65M |
| EBIT | -$21M |
| EBITDA | $45M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$35M |
| Depreciation & Amortization | $65M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$10M |
| Other Non-Cash Items | $12M |
| Change in Working Capital | $58M |
| OPERATING CASH FLOW | $95M |
| Capital Expenditure | -$27M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$31M |
| Net Debt Issuance | -$56M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$56M |
| FREE CASH FLOW | $68M |
| Net Change in Cash | $9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $69M |
| Short-Term Investments | $0 |
| Net Receivables | $230M |
| Inventory | $25M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $325M |
| PP&E (Net) | $2.3B |
| Goodwill | $151M |
| Intangible Assets | $26M |
| Long-Term Investments | $0 |
| Tax Assets | $28M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $2.5B |
| TOTAL ASSETS | $2.8B |
| Account Payables | $181M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $181M |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | -$1.2B |
| Deferred Tax Liabilities | $66M |
| Other Non-Current Liabilities | $79M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $1.5B |
| Common Stock | $1.7B |
| Additional Paid-In Capital | $35M |
| Retained Earnings | -$548M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $107M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $2.8B |
| Total Debt | $1.3B |
| Net Debt | $1.2B |
