| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $430M | $417M | $461M | 3.1% | -6.7% |
| Op. Income | -$24M | -$17M | $29M | -42.0% | -183.3% |
| Gross Margin | 26.8% | 27.4% | 30.1% | -0.6pp | -3.3pp |
| Net Margin | -19.1% | -6.3% | 4.9% | -12.8pp | -24.1pp |
| EPS (Diluted) | $-2.42 | $-0.79 | $0.64 | -206.3% | -478.1% |
| Free Cash Flow | $48M | $28M | $36M | 67.6% | 31.1% |
| Item | Amount |
|---|---|
| REVENUE | $430M |
| Cost of Revenue | $315M |
| GROSS PROFIT | $115M |
| R&D Expenses | $92M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $37M |
| Other Expenses | $10M |
| Operating Expenses | $139M |
| Cost & Expenses | $454M |
| OPERATING INCOME | -$24M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | -$29M |
| Income Tax Expense | $53M |
| Net Income from Continuing Ops | -$82M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$400.0K |
| NET INCOME | -$82M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$82M |
| D&A | $32M |
| EBIT | -$24M |
| EBITDA | $8M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$82M |
| Depreciation & Amortization | $32M |
| Stock-Based Compensation | $18M |
| Deferred Income Tax | $30M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $61M |
| OPERATING CASH FLOW | $63M |
| Capital Expenditure | -$16M |
| Acquisitions (Net) | $900.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$8M |
| NET CASH FROM INVESTING | -$15M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | $48M |
| Net Change in Cash | $53M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $252M |
| Short-Term Investments | $0 |
| Net Receivables | $236M |
| Inventory | $141M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $648M |
| PP&E (Net) | $119M |
| Goodwill | $368M |
| Intangible Assets | $264M |
| Long-Term Investments | $2M |
| Tax Assets | $0 |
| Other Non-Current Assets | $38M |
| TOTAL NON-CURRENT ASSETS | $791M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $120M |
| Short-Term Debt | $0 |
| Deferred Revenue | $34M |
| Other Current Liabilities | $43M |
| TOTAL CURRENT LIABILITIES | $275M |
| Long-Term Debt | $442M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $8M |
| Other Non-Current Liabilities | $28M |
| TOTAL NON-CURRENT LIABILITIES | $478M |
| TOTAL LIABILITIES | $753M |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $622M |
| Treasury Stock | -$1.1B |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $685M |
| Minority Interest | $0 |
| TOTAL EQUITY | $685M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $442M |
| Net Debt | $190M |
