| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $626M | $526M | $626M | 19.0% | 0.0% |
| Op. Income | $59M | $7M | $98M | 742.9% | -39.8% |
| Gross Margin | 48.9% | 47.5% | 50.3% | 1.4pp | -1.4pp |
| Net Margin | -11.8% | 2.5% | 9.3% | -14.3pp | -21.1pp |
| EPS (Diluted) | $-0.61 | $0.10 | $0.44 | -710.0% | -238.6% |
| Free Cash Flow | $2M | -$40M | $20M | 105.0% | -90.0% |
| Item | Amount |
|---|---|
| REVENUE | $626M |
| Cost of Revenue | $320M |
| GROSS PROFIT | $306M |
| R&D Expenses | $76M |
| Selling & Marketing | $0 |
| General & Administrative | $171M |
| SG&A Expenses | $171M |
| Other Expenses | -$2M |
| Operating Expenses | $247M |
| Cost & Expenses | $567M |
| OPERATING INCOME | $59M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $57M |
| Income Tax Expense | $131M |
| Net Income from Continuing Ops | -$74M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$74M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$74M |
| D&A | $35M |
| EBIT | $61M |
| EBITDA | $96M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$74M |
| Depreciation & Amortization | $35M |
| Stock-Based Compensation | $17M |
| Deferred Income Tax | -$12M |
| Other Non-Cash Items | $0 |
| Change in Working Capital | $57M |
| OPERATING CASH FLOW | $23M |
| Capital Expenditure | -$21M |
| Acquisitions (Net) | -$3M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$24M |
| Net Debt Issuance | $53M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $12M |
| NET CASH FROM FINANCING | $65M |
| FREE CASH FLOW | $2M |
| Net Change in Cash | $64M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $0 |
| Net Receivables | $554M |
| Inventory | $30M |
| Other Current Assets | $77M |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $162M |
| Goodwill | $399M |
| Intangible Assets | $144M |
| Long-Term Investments | $0 |
| Tax Assets | $57M |
| Other Non-Current Assets | $44M |
| TOTAL NON-CURRENT ASSETS | $806M |
| TOTAL ASSETS | $2.6B |
| Account Payables | $74M |
| Short-Term Debt | $300M |
| Deferred Revenue | $414M |
| Other Current Liabilities | $100M |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $478M |
| Deferred Revenue NC | $85M |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $258M |
| TOTAL NON-CURRENT LIABILITIES | $825M |
| TOTAL LIABILITIES | $1.9B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | -$580M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$74M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $668M |
| Minority Interest | $0 |
| TOTAL EQUITY | $668M |
| TOTAL LIABILITIES & EQUITY | $2.6B |
| Total Debt | $778M |
| Net Debt | -$311M |
