| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $180M | $243M | $157M | -26.0% | 14.8% |
| Op. Income | -$4M | $17M | -$4M | -122.0% | 3.1% |
| Gross Margin | 30.9% | 32.8% | 31.0% | -1.9pp | -0.1pp |
| Net Margin | -3.2% | 2.4% | -2.9% | -5.7pp | -0.4pp |
| EPS (Diluted) | $-0.14 | $0.14 | $-0.11 | -200.0% | -27.3% |
| Free Cash Flow | -$14M | $21M | -$22M | -163.6% | 38.7% |
| Item | Amount |
|---|---|
| REVENUE | $180M |
| Cost of Revenue | $124M |
| GROSS PROFIT | $56M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $59M |
| SG&A Expenses | $59M |
| Other Expenses | $0 |
| Operating Expenses | $59M |
| Cost & Expenses | $184M |
| OPERATING INCOME | -$4M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | -$7M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | -$6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$6M |
| D&A | $5M |
| EBIT | -$4M |
| EBITDA | $1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$6M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $237.0K |
| Other Non-Cash Items | -$457.0K |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | -$9M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | $6M |
| Common Stock Repurchased | -$699.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $8M |
| NET CASH FROM FINANCING | $14M |
| FREE CASH FLOW | -$14M |
| Net Change in Cash | $610.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $382.0K |
| Inventory | $306M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $318M |
| PP&E (Net) | $95M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $3M |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $98M |
| TOTAL ASSETS | $416M |
| Account Payables | $64M |
| Short-Term Debt | $68M |
| Deferred Revenue | $18M |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $196M |
| Long-Term Debt | $132M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $41M |
| TOTAL NON-CURRENT LIABILITIES | $173M |
| TOTAL LIABILITIES | $369M |
| Common Stock | $428.0K |
| Additional Paid-In Capital | $83M |
| Retained Earnings | -$36M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $47M |
| Minority Interest | $0 |
| TOTAL EQUITY | $47M |
| TOTAL LIABILITIES & EQUITY | $416M |
| Total Debt | $200M |
| Net Debt | $198M |
