| Metric | FY 2018 | Prior Q | FY 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.6B | — | $1.7B | — | -5.1% |
| Op. Income | -$50M | — | $65M | — | -177.1% |
| Gross Margin | 29.4% | — | 30.5% | — | -1.0pp |
| Net Margin | -7.6% | — | 2.8% | — | -10.5pp |
| EPS (Diluted) | $-3.63 | — | $1.37 | — | -365.0% |
| Free Cash Flow | $103M | — | $122M | — | -15.1% |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $480M |
| R&D Expenses | $363M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $138M |
| Other Expenses | $29M |
| Operating Expenses | $542M |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | -$50M |
| Interest Income | $2M |
| Interest Expense | $22M |
| Other Income/Expenses | -$32M |
| INCOME BEFORE TAX | -$82M |
| Income Tax Expense | $41M |
| Net Income from Continuing Ops | -$122M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$2M |
| NET INCOME | -$124M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$124M |
| D&A | $123M |
| EBIT | -$60M |
| EBITDA | $63M |
| EPS | -$4 |
| EPS Diluted | -$4 |
| Item | Amount |
|---|---|
| Net Income | -$124M |
| Depreciation & Amortization | $123M |
| Stock-Based Compensation | $71M |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | $20M |
| Change in Working Capital | $50M |
| OPERATING CASH FLOW | $145M |
| Capital Expenditure | -$42M |
| Acquisitions (Net) | -$397M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $8M |
| Other Investing Activities | -$15M |
| NET CASH FROM INVESTING | -$439M |
| Net Debt Issuance | $295M |
| Common Stock Repurchased | -$94M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | $227M |
| FREE CASH FLOW | $103M |
| Net Change in Cash | -$67M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $301M |
| Short-Term Investments | $0 |
| Net Receivables | $289M |
| Inventory | $131M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $740M |
| PP&E (Net) | $118M |
| Goodwill | $373M |
| Intangible Assets | $219M |
| Long-Term Investments | $2M |
| Tax Assets | $0 |
| Other Non-Current Assets | $49M |
| TOTAL NON-CURRENT ASSETS | $760M |
| TOTAL ASSETS | $1.5B |
| Account Payables | $157M |
| Short-Term Debt | $0 |
| Deferred Revenue | $26M |
| Other Current Liabilities | $40M |
| TOTAL CURRENT LIABILITIES | $284M |
| Long-Term Debt | $451M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $36M |
| TOTAL NON-CURRENT LIABILITIES | $487M |
| TOTAL LIABILITIES | $771M |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $606M |
| Treasury Stock | -$1.1B |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $729M |
| Minority Interest | $0 |
| TOTAL EQUITY | $729M |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $451M |
| Net Debt | $150M |
