| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $230M | $327M | $182M | -29.9% | 26.5% |
| Op. Income | -$42M | -$9M | -$27M | -372.4% | -53.6% |
| Gross Margin | 15.3% | 21.8% | 19.4% | -6.5pp | -4.1pp |
| Net Margin | -9.3% | -2.4% | -9.8% | -6.9pp | 0.4pp |
| EPS (Diluted) | $-0.40 | $-0.15 | $-0.32 | -166.7% | -25.0% |
| Free Cash Flow | $23M | $88M | -$5M | -74.5% | 553.6% |
| Item | Amount |
|---|---|
| REVENUE | $230M |
| Cost of Revenue | $194M |
| GROSS PROFIT | $35M |
| R&D Expenses | $0 |
| Selling & Marketing | $76M |
| General & Administrative | $5M |
| SG&A Expenses | $82M |
| Other Expenses | $0 |
| Operating Expenses | $82M |
| Cost & Expenses | $276M |
| OPERATING INCOME | -$42M |
| Interest Income | $713.0K |
| Interest Expense | $2M |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | -$37M |
| Income Tax Expense | -$15M |
| Net Income from Continuing Ops | -$21M |
| Net Income from Discontinued Ops | -$131.0K |
| Other Adjustments | $5M |
| NET INCOME | -$21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$16M |
| D&A | $8M |
| EBIT | -$35M |
| EBITDA | -$26M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$21M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$15M |
| Other Non-Cash Items | -$11M |
| Change in Working Capital | $66M |
| OPERATING CASH FLOW | $27M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $4M |
| Purchases of Investments | -$402.0K |
| Sales/Maturities of Investments | $7M |
| Other Investing Activities | -$5M |
| NET CASH FROM INVESTING | -$793.0K |
| Net Debt Issuance | -$9M |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | -$6M |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$22M |
| FREE CASH FLOW | $23M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $15M |
| Short-Term Investments | $0 |
| Net Receivables | $133M |
| Inventory | $56M |
| Other Current Assets | $53M |
| TOTAL CURRENT ASSETS | $257M |
| PP&E (Net) | $88M |
| Goodwill | $228M |
| Intangible Assets | $98M |
| Long-Term Investments | $45M |
| Tax Assets | $13M |
| Other Non-Current Assets | $250.0K |
| TOTAL NON-CURRENT ASSETS | $473M |
| TOTAL ASSETS | $730M |
| Account Payables | $36M |
| Short-Term Debt | $9M |
| Deferred Revenue | $122M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $283M |
| Long-Term Debt | $92M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $21M |
| Other Non-Current Liabilities | $24M |
| TOTAL NON-CURRENT LIABILITIES | $137M |
| TOTAL LIABILITIES | $420M |
| Common Stock | $329M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$18M |
| Other Equity | $23M |
| TOTAL STOCKHOLDERS' EQUITY | $334M |
| Minority Interest | -$1M |
| TOTAL EQUITY | $332M |
| TOTAL LIABILITIES & EQUITY | $420M |
| Total Debt | $101M |
| Net Debt | $86M |
