| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $677M | $670M | $635M | 1.1% | 6.7% |
| Op. Income | $32M | $34M | $34M | -7.1% | -6.9% |
| Gross Margin | 9.4% | 9.9% | 10.1% | -0.6pp | -0.8pp |
| Net Margin | -14.5% | 4.3% | 4.4% | -18.9pp | -19.0pp |
| EPS (Diluted) | $-2.93 | $0.84 | $0.82 | -448.8% | -457.3% |
| Free Cash Flow | $52M | $36M | $73M | 46.7% | -27.7% |
| Item | Amount |
|---|---|
| REVENUE | $677M |
| Cost of Revenue | $614M |
| GROSS PROFIT | $64M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $32M |
| Other Expenses | $0 |
| Operating Expenses | $32M |
| Cost & Expenses | $646M |
| OPERATING INCOME | $32M |
| Interest Income | $2M |
| Interest Expense | $4M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $29M |
| Income Tax Expense | $128M |
| Net Income from Continuing Ops | -$98M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$98M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$98M |
| D&A | $12M |
| EBIT | $33M |
| EBITDA | $44M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$98M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $22M |
| Other Non-Cash Items | -$46.0K |
| Change in Working Capital | $130M |
| OPERATING CASH FLOW | $69M |
| Capital Expenditure | -$17M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $173.0K |
| NET CASH FROM INVESTING | -$17M |
| Net Debt Issuance | -$108M |
| Common Stock Repurchased | -$10M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $9M |
| NET CASH FROM FINANCING | -$109M |
| FREE CASH FLOW | $52M |
| Net Change in Cash | -$54M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $507M |
| Short-Term Investments | $0 |
| Net Receivables | $335M |
| Inventory | $670M |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $318M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $5M |
| Other Non-Current Assets | $42M |
| TOTAL NON-CURRENT ASSETS | $365M |
| TOTAL ASSETS | $1.9B |
| Account Payables | $421M |
| Short-Term Debt | $180M |
| Deferred Revenue | $103M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $817M |
| Long-Term Debt | $26M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $22M |
| Other Non-Current Liabilities | $117M |
| TOTAL NON-CURRENT LIABILITIES | $165M |
| TOTAL LIABILITIES | $982M |
| Common Stock | $522.0K |
| Additional Paid-In Capital | $568M |
| Retained Earnings | $951M |
| Treasury Stock | -$584M |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $934M |
| Minority Interest | $0 |
| TOTAL EQUITY | $934M |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $206M |
| Net Debt | -$301M |
