| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.9B | $4.8B | $4.4B | -18.6% | -11.7% |
| Op. Income | -$38M | $159M | $114M | -123.9% | -133.3% |
| Gross Margin | 3.4% | 6.1% | 9.7% | -2.7pp | -6.3pp |
| Net Margin | -1.9% | 2.4% | 5.3% | -4.2pp | -7.1pp |
| EPS (Diluted) | $-0.87 | $1.12 | $2.33 | -177.7% | -137.3% |
| Free Cash Flow | $127M | -$12M | -$90M | 1158.3% | 241.1% |
| Item | Amount |
|---|---|
| REVENUE | $3.9B |
| Cost of Revenue | $3.7B |
| GROSS PROFIT | $133M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $56M |
| SG&A Expenses | $56M |
| Other Expenses | $115M |
| Operating Expenses | $171M |
| Cost & Expenses | $3.9B |
| OPERATING INCOME | -$38M |
| Interest Income | -$1M |
| Interest Expense | $38M |
| Other Income/Expenses | -$39M |
| INCOME BEFORE TAX | -$77M |
| Income Tax Expense | -$5M |
| Net Income from Continuing Ops | -$72M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$72M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$91M |
| D&A | $50M |
| EBIT | -$41M |
| EBITDA | $9M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$72M |
| Depreciation & Amortization | $50M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$15M |
| Other Non-Cash Items | $156M |
| Change in Working Capital | $47M |
| OPERATING CASH FLOW | $168M |
| Capital Expenditure | -$41M |
| Acquisitions (Net) | -$199M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $11M |
| NET CASH FROM INVESTING | -$229M |
| Net Debt Issuance | $205M |
| Common Stock Repurchased | $843M |
| Common Dividends Paid | -$88M |
| Other Financing Activities | -$15M |
| NET CASH FROM FINANCING | $102M |
| FREE CASH FLOW | $127M |
| Net Change in Cash | $41M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $56M |
| Short-Term Investments | $0 |
| Net Receivables | $411M |
| Inventory | $374M |
| Other Current Assets | $64M |
| TOTAL CURRENT ASSETS | $905M |
| PP&E (Net) | $1.5B |
| Goodwill | $1.6B |
| Intangible Assets | $708M |
| Long-Term Investments | -$63M |
| Tax Assets | $63M |
| Other Non-Current Assets | $161M |
| TOTAL NON-CURRENT ASSETS | $4.0B |
| TOTAL ASSETS | $4.9B |
| Account Payables | $561M |
| Short-Term Debt | $5M |
| Deferred Revenue | $91M |
| Other Current Liabilities | -$8M |
| TOTAL CURRENT LIABILITIES | $865M |
| Long-Term Debt | $3.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $103M |
| Other Non-Current Liabilities | $147M |
| TOTAL NON-CURRENT LIABILITIES | $3.2B |
| TOTAL LIABILITIES | $4.1B |
| Common Stock | $784M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$587M |
| Other Equity | $587M |
| TOTAL STOCKHOLDERS' EQUITY | $784M |
| Minority Interest | $0 |
| TOTAL EQUITY | $784M |
| TOTAL LIABILITIES & EQUITY | $4.9B |
| Total Debt | $3.0B |
| Net Debt | $2.9B |
