| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.1B | $7.1B | $12.4B | -14.6% | -50.9% |
| Op. Income | $142M | $155M | $131M | -7.9% | 8.6% |
| Gross Margin | 1.4% | 1.3% | 0.6% | 0.1pp | 0.8pp |
| Net Margin | 0.3% | 0.3% | -0.2% | -0.1pp | 0.4pp |
| EPS (Diluted) | $0.36 | $0.56 | $-0.57 | -35.7% | 163.2% |
| Free Cash Flow | $10M | -$399M | $21M | 102.5% | -53.5% |
| Item | Amount |
|---|---|
| REVENUE | $6.1B |
| Cost of Revenue | $6.0B |
| GROSS PROFIT | $82M |
| R&D Expenses | $0 |
| Selling & Marketing | $900.0K |
| General & Administrative | $11M |
| SG&A Expenses | $12M |
| Other Expenses | -$72M |
| Operating Expenses | -$60M |
| Cost & Expenses | $5.9B |
| OPERATING INCOME | $142M |
| Interest Income | $0 |
| Interest Expense | $25M |
| Other Income/Expenses | -$122M |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $3M |
| EBIT | $46M |
| EBITDA | $49M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $6.1B |
| Cost of Revenue | $6.0B |
| GROSS PROFIT | $82M |
| R&D Expenses | $0 |
| Selling & Marketing | $900.0K |
| General & Administrative | $11M |
| SG&A Expenses | $12M |
| Other Expenses | -$72M |
| Operating Expenses | -$60M |
| Cost & Expenses | $5.9B |
| OPERATING INCOME | $142M |
| Interest Income | $0 |
| Interest Expense | $25M |
| Other Income/Expenses | -$122M |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $3M |
| EBIT | $46M |
| EBITDA | $49M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $16M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$11M |
| OPERATING CASH FLOW | $13M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | -$4M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $800.0K |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $10M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $342M |
| Short-Term Investments | $0 |
| Net Receivables | $292M |
| Inventory | $223M |
| Other Current Assets | $2.5B |
| TOTAL CURRENT ASSETS | $5.6B |
| PP&E (Net) | $42M |
| Goodwill | $48M |
| Intangible Assets | $11M |
| Long-Term Investments | $130M |
| Tax Assets | $20M |
| Other Non-Current Assets | $4.0B |
| TOTAL NON-CURRENT ASSETS | $2.2B |
| TOTAL ASSETS | $7.8B |
| Account Payables | $3.8B |
| Short-Term Debt | $2.2B |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$1.9B |
| TOTAL CURRENT LIABILITIES | $4.2B |
| Long-Term Debt | $355M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6.9B |
| TOTAL NON-CURRENT LIABILITIES | $7.3B |
| TOTAL LIABILITIES | $7.3B |
| Common Stock | $200.0K |
| Additional Paid-In Capital | $268M |
| Retained Earnings | $317M |
| Treasury Stock | -$46M |
| Accum. Other Comp. Income | -$33M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $505M |
| Minority Interest | $0 |
| TOTAL EQUITY | $505M |
| TOTAL LIABILITIES & EQUITY | $7.8B |
| Total Debt | $2.6B |
| Net Debt | $2.2B |
