| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $352M | $377M | $343M | -6.7% | 2.5% |
| Op. Income | $5M | $33M | $13M | -85.6% | -61.9% |
| Gross Margin | 51.6% | 51.2% | 56.2% | 0.4pp | -4.6pp |
| Net Margin | 1.8% | 8.8% | 3.9% | -7.0pp | -2.1pp |
| EPS (Diluted) | $0.04 | $0.20 | $0.08 | -81.1% | -52.1% |
| Free Cash Flow | -$53M | $55M | -$29M | -197.5% | -83.7% |
| Item | Amount |
|---|---|
| REVENUE | $352M |
| Cost of Revenue | $171M |
| GROSS PROFIT | $182M |
| R&D Expenses | $54M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $125M |
| Other Expenses | -$2M |
| Operating Expenses | $177M |
| Cost & Expenses | $347M |
| OPERATING INCOME | $5M |
| Interest Income | $2M |
| Interest Expense | $2M |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $30M |
| EBIT | $10M |
| EBITDA | $35M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $352M |
| Cost of Revenue | $171M |
| GROSS PROFIT | $182M |
| R&D Expenses | $54M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $125M |
| Other Expenses | -$2M |
| Operating Expenses | $177M |
| Cost & Expenses | $347M |
| OPERATING INCOME | $5M |
| Interest Income | $2M |
| Interest Expense | $2M |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $30M |
| EBIT | $10M |
| EBITDA | $35M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $30M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$59M |
| OPERATING CASH FLOW | -$21M |
| Capital Expenditure | -$32M |
| Acquisitions (Net) | $3M |
| Purchases of Investments | -$56M |
| Sales/Maturities of Investments | $85M |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $17M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$42.5K |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | $14M |
| FREE CASH FLOW | -$53M |
| Net Change in Cash | -$10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $30M |
| Short-Term Investments | $125M |
| Net Receivables | $437M |
| Inventory | $298M |
| Other Current Assets | $172M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $612M |
| Goodwill | $41M |
| Intangible Assets | $475M |
| Long-Term Investments | $57M |
| Tax Assets | $60M |
| Other Non-Current Assets | $13M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $2.3B |
| Account Payables | $140M |
| Short-Term Debt | $275M |
| Deferred Revenue | $63M |
| Other Current Liabilities | $280M |
| TOTAL CURRENT LIABILITIES | $696M |
| Long-Term Debt | $254M |
| Deferred Revenue NC | $509.7K |
| Deferred Tax Liabilities | $9M |
| Other Non-Current Liabilities | $52M |
| TOTAL NON-CURRENT LIABILITIES | $313M |
| TOTAL LIABILITIES | $1.0B |
| Common Stock | $9M |
| Additional Paid-In Capital | $80M |
| Retained Earnings | $1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $69M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $2.3B |
| Total Debt | $536M |
| Net Debt | $506M |
