| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $298M | $434M | $222M | -31.3% | 34.6% |
| Op. Income | -$85M | -$147M | -$72M | 42.3% | -18.1% |
| Gross Margin | 11.6% | 17.0% | 15.3% | -5.4pp | -3.8pp |
| Net Margin | -26.7% | -33.9% | -9.6% | 7.2pp | -17.1pp |
| EPS (Diluted) | $-1.44 | $-2.65 | $-0.37 | 45.7% | -289.2% |
| Free Cash Flow | -$246M | $318M | -$230M | -177.3% | -7.0% |
| Item | Amount |
|---|---|
| REVENUE | $298M |
| Cost of Revenue | $264M |
| GROSS PROFIT | $35M |
| R&D Expenses | $9M |
| Selling & Marketing | $10M |
| General & Administrative | $89M |
| SG&A Expenses | $99M |
| Other Expenses | $3M |
| Operating Expenses | $116M |
| Cost & Expenses | $380M |
| OPERATING INCOME | -$85M |
| Interest Income | $0 |
| Interest Expense | $25M |
| Other Income/Expenses | -$21M |
| INCOME BEFORE TAX | -$106M |
| Income Tax Expense | -$23M |
| Net Income from Continuing Ops | -$83M |
| Net Income from Discontinued Ops | $3M |
| Other Adjustments | $0 |
| NET INCOME | -$80M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$80M |
| D&A | $22M |
| EBIT | -$81M |
| EBITDA | -$59M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$80M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | -$900.0K |
| Change in Working Capital | -$180M |
| OPERATING CASH FLOW | -$233M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | -$7M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$17M |
| Net Debt Issuance | $270M |
| Common Stock Repurchased | -$500.0K |
| Common Dividends Paid | -$30M |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | $240M |
| FREE CASH FLOW | -$246M |
| Net Change in Cash | -$11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $23M |
| Short-Term Investments | $0 |
| Net Receivables | $208M |
| Inventory | $745M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $520M |
| Goodwill | $540M |
| Intangible Assets | $847M |
| Long-Term Investments | $37M |
| Tax Assets | $0 |
| Other Non-Current Assets | $203M |
| TOTAL NON-CURRENT ASSETS | $2.1B |
| TOTAL ASSETS | $3.2B |
| Account Payables | $237M |
| Short-Term Debt | $95M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $263M |
| TOTAL CURRENT LIABILITIES | $595M |
| Long-Term Debt | $2.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $191M |
| TOTAL NON-CURRENT LIABILITIES | $2.4B |
| TOTAL LIABILITIES | $3.0B |
| Common Stock | $426M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $835M |
| Treasury Stock | -$938M |
| Accum. Other Comp. Income | -$75M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $253M |
| Minority Interest | $5M |
| TOTAL EQUITY | $258M |
| TOTAL LIABILITIES & EQUITY | $3.2B |
| Total Debt | $2.3B |
| Net Debt | $2.3B |
