| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $175M | $241M | $211M | -27.5% | -17.5% |
| Op. Income | -$33M | $46M | $25M | -170.6% | -231.0% |
| Gross Margin | 46.7% | 19.8% | 65.2% | 27.0pp | -18.5pp |
| Net Margin | -11.8% | 16.4% | 27.1% | -28.2pp | -38.9pp |
| EPS (Diluted) | $-0.23 | $0.44 | $0.65 | -152.3% | -135.7% |
| Free Cash Flow | $52M | $62M | $50M | -15.6% | 5.8% |
| Item | Amount |
|---|---|
| REVENUE | $175M |
| Cost of Revenue | $93M |
| GROSS PROFIT | $82M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $113M |
| Operating Expenses | $114M |
| Cost & Expenses | $207M |
| OPERATING INCOME | -$33M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$33M |
| Income Tax Expense | -$12M |
| Net Income from Continuing Ops | -$21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$21M |
| D&A | $0 |
| EBIT | -$31M |
| EBITDA | -$31M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$21M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$15M |
| Change in Working Capital | $80M |
| OPERATING CASH FLOW | $54M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $167.0K |
| Purchases of Investments | -$198M |
| Sales/Maturities of Investments | $183M |
| Other Investing Activities | -$15M |
| NET CASH FROM INVESTING | -$31M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$54M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$52M |
| FREE CASH FLOW | $52M |
| Net Change in Cash | -$29M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $42M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $1.8B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.2B |
| PP&E (Net) | $55M |
| Goodwill | $46M |
| Intangible Assets | $8M |
| Long-Term Investments | $2.2B |
| Tax Assets | $12M |
| Other Non-Current Assets | -$1.4B |
| TOTAL NON-CURRENT ASSETS | $911M |
| TOTAL ASSETS | $3.1B |
| Account Payables | $23M |
| Short-Term Debt | $0 |
| Deferred Revenue | $24M |
| Other Current Liabilities | -$68M |
| TOTAL CURRENT LIABILITIES | $2.1B |
| Long-Term Debt | $149M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $24M |
| Other Non-Current Liabilities | $2.1B |
| TOTAL NON-CURRENT LIABILITIES | $149M |
| TOTAL LIABILITIES | $2.3B |
| Common Stock | $674.0K |
| Additional Paid-In Capital | $306M |
| Retained Earnings | $908M |
| Treasury Stock | -$401M |
| Accum. Other Comp. Income | -$15M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $807M |
| Minority Interest | $0 |
| TOTAL EQUITY | $807M |
| TOTAL LIABILITIES & EQUITY | $3.1B |
| Total Debt | $149M |
| Net Debt | $107M |
