| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $335M | $377M | $436M | -11.2% | -23.3% |
| Op. Income | -$2M | $20M | $61M | -111.0% | -103.6% |
| Gross Margin | 24.6% | 27.2% | 32.3% | -2.6pp | -7.7pp |
| Net Margin | -0.2% | 3.5% | 11.9% | -3.8pp | -12.2pp |
| EPS (Diluted) | $-0.00 | $0.06 | $0.24 | -105.7% | -101.4% |
| Free Cash Flow | $15M | $24M | $59M | -38.1% | -74.9% |
| Item | Amount |
|---|---|
| REVENUE | $335M |
| Cost of Revenue | $252M |
| GROSS PROFIT | $82M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $45M |
| Other Expenses | $39M |
| Operating Expenses | $84M |
| Cost & Expenses | $337M |
| OPERATING INCOME | -$2M |
| Interest Income | $800.0K |
| Interest Expense | $89.0K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | -$266.0K |
| Net Income from Continuing Ops | -$739.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$739.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$964.0K |
| D&A | $43M |
| EBIT | -$6M |
| EBITDA | $37M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$739.0K |
| Depreciation & Amortization | $43M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$7M |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | $43M |
| OPERATING CASH FLOW | $77M |
| Capital Expenditure | -$62M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $6M |
| NET CASH FROM INVESTING | -$56M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | -$21M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$24M |
| FREE CASH FLOW | $15M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $113M |
| Short-Term Investments | $0 |
| Net Receivables | $328M |
| Inventory | $124M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $578M |
| PP&E (Net) | $583M |
| Goodwill | $32M |
| Intangible Assets | $0 |
| Long-Term Investments | -$53M |
| Tax Assets | $53M |
| Other Non-Current Assets | $33M |
| TOTAL NON-CURRENT ASSETS | $649M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $110M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $164M |
| Long-Term Debt | $34M |
| Deferred Revenue NC | $45M |
| Deferred Tax Liabilities | $53M |
| Other Non-Current Liabilities | $13M |
| TOTAL NON-CURRENT LIABILITIES | $135M |
| TOTAL LIABILITIES | $299M |
| Common Stock | $22M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $928M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$21M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $928M |
| Minority Interest | $0 |
| TOTAL EQUITY | $928M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $47M |
| Net Debt | -$66M |
