| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.2B | $1.9B | $1.7B | 16.6% | 25.4% |
| Op. Income | $78M | $10M | $14M | 689.7% | 462.4% |
| Gross Margin | 6.8% | 6.5% | 6.3% | 0.4pp | 0.6pp |
| Net Margin | 1.7% | 0.0% | -8.9% | 1.7pp | 10.6pp |
| EPS (Diluted) | $0.54 | $0.01 | $-2.16 | 5300.0% | 125.0% |
| Free Cash Flow | -$116M | $39M | -$40M | -395.4% | -188.3% |
| Item | Amount |
|---|---|
| REVENUE | $2.2B |
| Cost of Revenue | $2.0B |
| GROSS PROFIT | $149M |
| R&D Expenses | $6M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $63M |
| Other Expenses | $0 |
| Operating Expenses | $69M |
| Cost & Expenses | $2.1B |
| OPERATING INCOME | $78M |
| Interest Income | $194.0K |
| Interest Expense | $8M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $63M |
| Income Tax Expense | $26M |
| Net Income from Continuing Ops | $38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $38M |
| D&A | $30M |
| EBIT | $80M |
| EBITDA | $109M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.2B |
| Cost of Revenue | $2.0B |
| GROSS PROFIT | $149M |
| R&D Expenses | $6M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $63M |
| Other Expenses | $0 |
| Operating Expenses | $69M |
| Cost & Expenses | $2.1B |
| OPERATING INCOME | $78M |
| Interest Income | $194.0K |
| Interest Expense | $8M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $63M |
| Income Tax Expense | $26M |
| Net Income from Continuing Ops | $38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $38M |
| D&A | $30M |
| EBIT | $80M |
| EBITDA | $109M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $38M |
| Depreciation & Amortization | $30M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $12M |
| Other Non-Cash Items | $353.0K |
| Change in Working Capital | -$164M |
| OPERATING CASH FLOW | -$78M |
| Capital Expenditure | -$37M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $575.0K |
| NET CASH FROM INVESTING | -$37M |
| Net Debt Issuance | $115M |
| Common Stock Repurchased | -$12M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $105M |
| FREE CASH FLOW | -$116M |
| Net Change in Cash | -$10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $409M |
| Short-Term Investments | $0 |
| Net Receivables | $1.8B |
| Inventory | $1.1B |
| Other Current Assets | $46M |
| TOTAL CURRENT ASSETS | $3.3B |
| PP&E (Net) | $644M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $324M |
| Other Non-Current Assets | $76M |
| TOTAL NON-CURRENT ASSETS | $1.0B |
| TOTAL ASSETS | $4.3B |
| Account Payables | $1.5B |
| Short-Term Debt | $708M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $215M |
| TOTAL CURRENT LIABILITIES | $2.6B |
| Long-Term Debt | $14M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $197M |
| TOTAL NON-CURRENT LIABILITIES | $211M |
| TOTAL LIABILITIES | $2.8B |
| Common Stock | $6.2B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$4.0B |
| Treasury Stock | -$803M |
| Accum. Other Comp. Income | $70M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $4.3B |
| Total Debt | $723M |
| Net Debt | $313M |
