| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $434M | $995M | $377M | -56.4% | 15.2% |
| Op. Income | -$147M | $186M | -$26M | -179.2% | -463.6% |
| Gross Margin | 17.0% | 34.9% | 23.4% | -18.0pp | -6.4pp |
| Net Margin | -33.9% | 8.3% | -8.9% | -42.2pp | -25.0pp |
| EPS (Diluted) | $-2.65 | $1.47 | $-0.57 | -280.3% | -364.9% |
| Free Cash Flow | $318M | $472M | $244M | -32.5% | 30.5% |
| Item | Amount |
|---|---|
| REVENUE | $434M |
| Cost of Revenue | $360M |
| GROSS PROFIT | $74M |
| R&D Expenses | $12M |
| Selling & Marketing | $13M |
| General & Administrative | $88M |
| SG&A Expenses | $101M |
| Other Expenses | $6M |
| Operating Expenses | $122M |
| Cost & Expenses | $482M |
| OPERATING INCOME | -$147M |
| Interest Income | $0 |
| Interest Expense | $23M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | -$166M |
| Income Tax Expense | -$35M |
| Net Income from Continuing Ops | -$131M |
| Net Income from Discontinued Ops | -$16M |
| Other Adjustments | $0 |
| NET INCOME | -$147M |
| Net Income Deductions | -$16M |
| BOTTOM LINE NET INCOME | -$131M |
| D&A | $23M |
| EBIT | -$143M |
| EBITDA | -$120M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$147M |
| Depreciation & Amortization | $23M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | -$40M |
| Other Non-Cash Items | $94M |
| Change in Working Capital | $405M |
| OPERATING CASH FLOW | $346M |
| Capital Expenditure | -$28M |
| Acquisitions (Net) | $528M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$519M |
| NET CASH FROM INVESTING | -$18M |
| Net Debt Issuance | -$274M |
| Common Stock Repurchased | -$14M |
| Common Dividends Paid | -$30M |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | -$325M |
| FREE CASH FLOW | $318M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $34M |
| Short-Term Investments | $0 |
| Net Receivables | $311M |
| Inventory | $481M |
| Other Current Assets | $60M |
| TOTAL CURRENT ASSETS | $886M |
| PP&E (Net) | $531M |
| Goodwill | $543M |
| Intangible Assets | $857M |
| Long-Term Investments | $36M |
| Tax Assets | $0 |
| Other Non-Current Assets | $202M |
| TOTAL NON-CURRENT ASSETS | $2.2B |
| TOTAL ASSETS | $3.1B |
| Account Payables | $151M |
| Short-Term Debt | $133M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $209M |
| TOTAL CURRENT LIABILITIES | $613M |
| Long-Term Debt | $1.9B |
| Deferred Revenue NC | $11M |
| Deferred Tax Liabilities | $70M |
| Other Non-Current Liabilities | $118M |
| TOTAL NON-CURRENT LIABILITIES | $2.1B |
| TOTAL LIABILITIES | $2.7B |
| Common Stock | $420M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $920M |
| Treasury Stock | -$940M |
| Accum. Other Comp. Income | -$46M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $360M |
| Minority Interest | $5M |
| TOTAL EQUITY | $365M |
| TOTAL LIABILITIES & EQUITY | $3.1B |
| Total Debt | $2.0B |
| Net Debt | $2.0B |
