| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $417M | $427M | $386M | -2.1% | 8.1% |
| Op. Income | -$17M | $18M | $6M | -193.9% | -401.8% |
| Gross Margin | 27.4% | 29.7% | 32.0% | -2.3pp | -4.5pp |
| Net Margin | -6.3% | 4.2% | 1.0% | -10.5pp | -7.3pp |
| EPS (Diluted) | $-0.79 | $0.51 | $0.10 | -254.9% | -890.0% |
| Free Cash Flow | $28M | $42M | -$6M | -32.2% | 598.2% |
| Item | Amount |
|---|---|
| REVENUE | $417M |
| Cost of Revenue | $303M |
| GROSS PROFIT | $114M |
| R&D Expenses | $87M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $40M |
| Other Expenses | $4M |
| Operating Expenses | $131M |
| Cost & Expenses | $434M |
| OPERATING INCOME | -$17M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | -$23M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | -$26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$400.0K |
| NET INCOME | -$27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$27M |
| D&A | $31M |
| EBIT | -$17M |
| EBITDA | $14M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$27M |
| Depreciation & Amortization | $31M |
| Stock-Based Compensation | $17M |
| Deferred Income Tax | -$7M |
| Other Non-Cash Items | $6M |
| Change in Working Capital | $20M |
| OPERATING CASH FLOW | $40M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | -$397M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$408M |
| Net Debt Issuance | $295M |
| Common Stock Repurchased | -$94M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $200M |
| FREE CASH FLOW | $28M |
| Net Change in Cash | -$168M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $200M |
| Short-Term Investments | $0 |
| Net Receivables | $254M |
| Inventory | $180M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $649M |
| PP&E (Net) | $120M |
| Goodwill | $364M |
| Intangible Assets | $287M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $57M |
| TOTAL NON-CURRENT ASSETS | $828M |
| TOTAL ASSETS | $1.5B |
| Account Payables | $126M |
| Short-Term Debt | $0 |
| Deferred Revenue | $36M |
| Other Current Liabilities | $35M |
| TOTAL CURRENT LIABILITIES | $277M |
| Long-Term Debt | $438M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $17M |
| TOTAL NON-CURRENT LIABILITIES | $455M |
| TOTAL LIABILITIES | $731M |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $704M |
| Treasury Stock | -$1.1B |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $746M |
| Minority Interest | $0 |
| TOTAL EQUITY | $746M |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $438M |
| Net Debt | $238M |
