| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $394M | $430M | $444M | -8.5% | -11.3% |
| Op. Income | -$12M | -$24M | $12M | 48.8% | -200.0% |
| Gross Margin | 31.2% | 26.8% | 30.3% | 4.4pp | 0.9pp |
| Net Margin | -3.5% | -19.1% | 1.0% | 15.7pp | -4.5pp |
| EPS (Diluted) | $-0.40 | $-2.42 | $0.13 | 83.5% | -407.7% |
| Free Cash Flow | $26M | $48M | $46M | -45.6% | -44.1% |
| Item | Amount |
|---|---|
| REVENUE | $394M |
| Cost of Revenue | $271M |
| GROSS PROFIT | $123M |
| R&D Expenses | $94M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $38M |
| Other Expenses | $4M |
| Operating Expenses | $135M |
| Cost & Expenses | $406M |
| OPERATING INCOME | -$12M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | -$17M |
| Income Tax Expense | -$4M |
| Net Income from Continuing Ops | -$13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$600.0K |
| NET INCOME | -$14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$14M |
| D&A | $27M |
| EBIT | -$12M |
| EBITDA | $15M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$14M |
| Depreciation & Amortization | $27M |
| Stock-Based Compensation | $19M |
| Deferred Income Tax | -$6M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $34M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | -$500.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$200.0K |
| NET CASH FROM FINANCING | $6M |
| FREE CASH FLOW | $26M |
| Net Change in Cash | $31M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $283M |
| Short-Term Investments | $0 |
| Net Receivables | $258M |
| Inventory | $109M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $666M |
| PP&E (Net) | $119M |
| Goodwill | $404M |
| Intangible Assets | $209M |
| Long-Term Investments | $2M |
| Tax Assets | $0 |
| Other Non-Current Assets | $44M |
| TOTAL NON-CURRENT ASSETS | $778M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $132M |
| Short-Term Debt | $0 |
| Deferred Revenue | $31M |
| Other Current Liabilities | $33M |
| TOTAL CURRENT LIABILITIES | $267M |
| Long-Term Debt | $447M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $6M |
| Other Non-Current Liabilities | $28M |
| TOTAL NON-CURRENT LIABILITIES | $481M |
| TOTAL LIABILITIES | $748M |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $608M |
| Treasury Stock | -$1.1B |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $696M |
| Minority Interest | $0 |
| TOTAL EQUITY | $696M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $447M |
| Net Debt | $163M |
