| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.7B | $4.4B | $2.8B | -14.7% | 33.5% |
| Op. Income | $96M | $114M | $56M | -15.8% | 71.4% |
| Gross Margin | 6.6% | 9.7% | 9.1% | -3.1pp | -2.5pp |
| Net Margin | -8.4% | 5.3% | 0.0% | -13.7pp | -8.4pp |
| EPS (Diluted) | $-3.49 | $2.33 | $-0.11 | -249.8% | -3072.7% |
| Free Cash Flow | -$65M | -$90M | $29M | 27.8% | -324.1% |
| Item | Amount |
|---|---|
| REVENUE | $3.7B |
| Cost of Revenue | $3.5B |
| GROSS PROFIT | $247M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $50M |
| SG&A Expenses | $50M |
| Other Expenses | $98M |
| Operating Expenses | $148M |
| Cost & Expenses | $3.6B |
| OPERATING INCOME | $96M |
| Interest Income | $2M |
| Interest Expense | $36M |
| Other Income/Expenses | -$143M |
| INCOME BEFORE TAX | -$47M |
| Income Tax Expense | $31M |
| Net Income from Continuing Ops | -$78M |
| Net Income from Discontinued Ops | -$237M |
| Other Adjustments | $0 |
| NET INCOME | -$315M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$315M |
| D&A | $49M |
| EBIT | -$11M |
| EBITDA | $38M |
| EPS | -$4 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$315M |
| Depreciation & Amortization | $49M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $29M |
| Other Non-Cash Items | -$159M |
| Change in Working Capital | $348M |
| OPERATING CASH FLOW | -$45M |
| Capital Expenditure | -$20M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $3.2B |
| NET CASH FROM INVESTING | $3.2B |
| Net Debt Issuance | -$2.0B |
| Common Stock Repurchased | -$540M |
| Common Dividends Paid | -$121M |
| Other Financing Activities | -$117M |
| NET CASH FROM FINANCING | -$3.1B |
| FREE CASH FLOW | -$65M |
| Net Change in Cash | $70M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $98M |
| Short-Term Investments | $0 |
| Net Receivables | $611M |
| Inventory | $434M |
| Other Current Assets | $77M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $1.5B |
| Goodwill | $1.4B |
| Intangible Assets | $656M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $91M |
| TOTAL NON-CURRENT ASSETS | $3.7B |
| TOTAL ASSETS | $4.9B |
| Account Payables | $416M |
| Short-Term Debt | $5M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $94M |
| TOTAL CURRENT LIABILITIES | $1.4B |
| Long-Term Debt | $2.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $124M |
| Other Non-Current Liabilities | $222M |
| TOTAL NON-CURRENT LIABILITIES | $2.6B |
| TOTAL LIABILITIES | $4.0B |
| Common Stock | $932M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$497M |
| Other Equity | $932M |
| TOTAL STOCKHOLDERS' EQUITY | $932M |
| Minority Interest | $0 |
| TOTAL EQUITY | $932M |
| TOTAL LIABILITIES & EQUITY | $4.9B |
| Total Debt | $2.3B |
| Net Debt | $2.2B |
