| Metric | Q1 2016 | Q4 2015 | Q1 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $455M | $647M | — | -29.6% | — |
| Op. Income | -$11M | $67M | — | -117.1% | — |
| Gross Margin | 28.0% | 34.7% | — | -6.7pp | — |
| Net Margin | -3.0% | 5.1% | — | -8.1pp | — |
| EPS (Diluted) | $-0.33 | $0.79 | — | -141.8% | — |
| Free Cash Flow | -$155M | $117M | — | -233.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $455M |
| Cost of Revenue | $328M |
| GROSS PROFIT | $127M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $139M |
| Other Expenses | $0 |
| Operating Expenses | $139M |
| Cost & Expenses | $467M |
| OPERATING INCOME | -$11M |
| Interest Income | $907.0K |
| Interest Expense | $8M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | -$22M |
| Income Tax Expense | -$9M |
| Net Income from Continuing Ops | -$13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$13M |
| D&A | $13M |
| EBIT | -$14M |
| EBITDA | -$1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$13M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $8M |
| Change in Working Capital | -$118M |
| OPERATING CASH FLOW | -$106M |
| Capital Expenditure | -$49M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$45M |
| Sales/Maturities of Investments | $42M |
| Other Investing Activities | -$49M |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | -$85.0K |
| Common Stock Repurchased | -$141.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $79.0K |
| NET CASH FROM FINANCING | -$6.0K |
| FREE CASH FLOW | -$155M |
| Net Change in Cash | -$113M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $237M |
| Short-Term Investments | $100M |
| Net Receivables | $43M |
| Inventory | $763M |
| Other Current Assets | $74M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $558M |
| Goodwill | $124M |
| Intangible Assets | $49M |
| Long-Term Investments | $11M |
| Tax Assets | $37M |
| Other Non-Current Assets | $27M |
| TOTAL NON-CURRENT ASSETS | $807M |
| TOTAL ASSETS | $2.1B |
| Account Payables | $149M |
| Short-Term Debt | $0 |
| Deferred Revenue | $148M |
| Other Current Liabilities | $160M |
| TOTAL CURRENT LIABILITIES | $407M |
| Long-Term Debt | $545M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $57M |
| TOTAL NON-CURRENT LIABILITIES | $765M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $4.0K |
| Additional Paid-In Capital | $768M |
| Retained Earnings | $131M |
| Treasury Stock | -$20M |
| Accum. Other Comp. Income | $61.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $880M |
| Minority Interest | $0 |
| TOTAL EQUITY | $880M |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $680M |
| Net Debt | $443M |
