| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $389M | $394M | $427M | -1.4% | -8.9% |
| Op. Income | -$5M | -$12M | $18M | 61.8% | -126.1% |
| Gross Margin | 33.0% | 31.2% | 29.7% | 1.8pp | 3.3pp |
| Net Margin | -0.4% | -3.5% | 4.2% | 3.1pp | -4.6pp |
| EPS (Diluted) | $-0.04 | $-0.40 | $0.51 | 89.3% | -108.4% |
| Free Cash Flow | $1M | $26M | $42M | -95.0% | -96.9% |
| Item | Amount |
|---|---|
| REVENUE | $389M |
| Cost of Revenue | $260M |
| GROSS PROFIT | $128M |
| R&D Expenses | $90M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $38M |
| Other Expenses | $8M |
| Operating Expenses | $136M |
| Cost & Expenses | $398M |
| OPERATING INCOME | -$5M |
| Interest Income | $5M |
| Interest Expense | $7M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | -$13M |
| Income Tax Expense | -$12M |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$400.0K |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $32M |
| EBIT | -$6M |
| EBITDA | $26M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $32M |
| Stock-Based Compensation | $18M |
| Deferred Income Tax | -$12M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$34M |
| OPERATING CASH FLOW | $8M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | -$300.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$600.0K |
| NET CASH FROM FINANCING | $17M |
| FREE CASH FLOW | $1M |
| Net Change in Cash | $18M |
| 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 |
