| Metric | FY 2018 | Prior Q | FY 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $600M | — | $825M | — | -27.2% |
| Op. Income | -$253M | — | $58M | — | -539.6% |
| Gross Margin | 44.9% | — | 61.4% | — | -16.5pp |
| Net Margin | -42.1% | — | 6.0% | — | -48.1pp |
| EPS (Diluted) | $-2.17 | — | $1.33 | — | -263.4% |
| Free Cash Flow | $1.0B | — | $65M | — | 1448.2% |
| Item | Amount |
|---|---|
| REVENUE | $600M |
| Cost of Revenue | $331M |
| GROSS PROFIT | $269M |
| R&D Expenses | $0 |
| Selling & Marketing | $213M |
| General & Administrative | $122M |
| SG&A Expenses | $335M |
| Other Expenses | $188M |
| Operating Expenses | $523M |
| Cost & Expenses | $853M |
| OPERATING INCOME | -$253M |
| Interest Income | $590M |
| Interest Expense | $331M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$253M |
| Income Tax Expense | -$958.0K |
| Net Income from Continuing Ops | -$252M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$252M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$252M |
| D&A | $11M |
| EBIT | -$253M |
| EBITDA | -$242M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$252M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $43M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | -$6M |
| Change in Working Capital | $1.2B |
| OPERATING CASH FLOW | $1.0B |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$100M |
| Sales/Maturities of Investments | $102M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | -$932M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$23M |
| NET CASH FROM FINANCING | -$955M |
| FREE CASH FLOW | $1.0B |
| Net Change in Cash | $56M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $537M |
| Short-Term Investments | $0 |
| Net Receivables | $8M |
| Inventory | $0 |
| Other Current Assets | -$220M |
| TOTAL CURRENT ASSETS | $325M |
| PP&E (Net) | $13M |
| Goodwill | $16M |
| Intangible Assets | $189M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $8.0B |
| TOTAL NON-CURRENT ASSETS | $8.2B |
| TOTAL ASSETS | $8.5B |
| Account Payables | $0 |
| Short-Term Debt | $28M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$28M |
| TOTAL CURRENT LIABILITIES | $7M |
| Long-Term Debt | $6.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $102M |
| TOTAL NON-CURRENT LIABILITIES | $6.7B |
| TOTAL LIABILITIES | $6.7B |
| Common Stock | $0 |
| Additional Paid-In Capital | $158M |
| Retained Earnings | -$223M |
| Treasury Stock | -$3M |
| Accum. Other Comp. Income | -$12.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.8B |
| TOTAL LIABILITIES & EQUITY | $8.5B |
| Total Debt | $6.6B |
| Net Debt | $6.1B |
