| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.0B | $1.1B | $1.1B | -4.6% | -1.4% |
| Op. Income | $82M | $104M | $41M | -21.7% | 99.0% |
| Gross Margin | 20.5% | 21.9% | 18.7% | -1.4pp | 1.7pp |
| Net Margin | -3.1% | 3.5% | -2.5% | -6.7pp | -0.6pp |
| EPS (Diluted) | $0.27 | $0.92 | $-0.38 | -70.7% | 171.1% |
| Free Cash Flow | $73M | -$68M | $193M | 208.1% | -62.1% |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $834M |
| GROSS PROFIT | $215M |
| R&D Expenses | $63M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $118M |
| Other Expenses | -$48M |
| Operating Expenses | $133M |
| Cost & Expenses | $967M |
| OPERATING INCOME | $82M |
| Interest Income | $2M |
| Interest Expense | $20M |
| Other Income/Expenses | -$76M |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | -$14M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | -$53M |
| Other Adjustments | $0 |
| NET INCOME | -$33M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $14M |
| EBIT | -$25M |
| EBITDA | -$11M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | -$33M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | -$16M |
| Other Non-Cash Items | $7M |
| Change in Working Capital | $133M |
| OPERATING CASH FLOW | $114M |
| Capital Expenditure | -$41M |
| Acquisitions (Net) | -$7M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $7M |
| NET CASH FROM INVESTING | -$40M |
| Net Debt Issuance | $85M |
| Common Stock Repurchased | -$100M |
| Common Dividends Paid | -$7M |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$27M |
| FREE CASH FLOW | $73M |
| Net Change in Cash | $43M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $368M |
| Short-Term Investments | $0 |
| Net Receivables | $535M |
| Inventory | $1.2B |
| Other Current Assets | $98M |
| TOTAL CURRENT ASSETS | $2.4B |
| PP&E (Net) | $346M |
| Goodwill | $265M |
| Intangible Assets | $13M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $439M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $3.5B |
| Account Payables | $687M |
| Short-Term Debt | $5M |
| Deferred Revenue | -$788M |
| Other Current Liabilities | $523M |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $196M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $2.6B |
| Common Stock | $800.0K |
| Additional Paid-In Capital | $797M |
| Retained Earnings | $749M |
| Treasury Stock | -$402M |
| Accum. Other Comp. Income | -$285M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $861M |
| Minority Interest | $500.0K |
| TOTAL EQUITY | $862M |
| TOTAL LIABILITIES & EQUITY | $3.5B |
| Total Debt | $1.2B |
| Net Debt | $851M |
