| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $244M | $266M | $281M | -8.1% | -13.0% |
| Op. Income | -$23.0K | -$19M | -$632.0K | 99.9% | 96.4% |
| Gross Margin | 6.9% | 2.5% | 5.1% | 4.3pp | 1.8pp |
| Net Margin | -3.6% | -7.4% | -0.3% | 3.8pp | -3.3pp |
| EPS (Diluted) | $-0.90 | $-1.46 | $-0.09 | 38.4% | -900.0% |
| Free Cash Flow | $76M | $2M | $12M | 3694.0% | 551.7% |
| Item | Amount |
|---|---|
| REVENUE | $244M |
| Cost of Revenue | $227M |
| GROSS PROFIT | $17M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $18M |
| Other Expenses | -$877.0K |
| Operating Expenses | $17M |
| Cost & Expenses | $244M |
| OPERATING INCOME | -$23.0K |
| Interest Income | $624.0K |
| Interest Expense | $4M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | -$668.0K |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | -$7M |
| Other Adjustments | $0 |
| NET INCOME | -$9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$9M |
| D&A | $8M |
| EBIT | $15.0K |
| EBITDA | $8M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$9M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $95M |
| OPERATING CASH FLOW | $87M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $10M |
| NET CASH FROM INVESTING | -$75.0K |
| Net Debt Issuance | -$89M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$12.0K |
| Other Financing Activities | -$40.0K |
| NET CASH FROM FINANCING | -$89M |
| FREE CASH FLOW | $76M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $13M |
| Short-Term Investments | $0 |
| Net Receivables | $89M |
| Inventory | $569M |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $679M |
| PP&E (Net) | $272M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $8M |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $285M |
| TOTAL ASSETS | $964M |
| Account Payables | $98M |
| Short-Term Debt | $19M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $13M |
| TOTAL CURRENT LIABILITIES | $180M |
| Long-Term Debt | $318M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $30M |
| TOTAL NON-CURRENT LIABILITIES | $382M |
| TOTAL LIABILITIES | $562M |
| Common Stock | $3M |
| Additional Paid-In Capital | $98M |
| Retained Earnings | $395M |
| Treasury Stock | -$70M |
| Accum. Other Comp. Income | -$25M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $402M |
| Minority Interest | $0 |
| TOTAL EQUITY | $402M |
| TOTAL LIABILITIES & EQUITY | $964M |
| Total Debt | $371M |
| Net Debt | $358M |
