| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $679M | $543M | $772M | 25.2% | -12.0% |
| Op. Income | $5M | -$23M | $150M | 124.1% | -96.4% |
| Gross Margin | 27.2% | 23.8% | 43.0% | 3.4pp | -15.7pp |
| Net Margin | -0.4% | -1.3% | 14.4% | 0.9pp | -14.8pp |
| EPS (Diluted) | $-0.04 | $-0.10 | $1.43 | 61.7% | -102.7% |
| Free Cash Flow | -$184M | -$58M | -$91M | -219.7% | -101.9% |
| Item | Amount |
|---|---|
| REVENUE | $679M |
| Cost of Revenue | $494M |
| GROSS PROFIT | $185M |
| R&D Expenses | $0 |
| Selling & Marketing | $93M |
| General & Administrative | $33M |
| SG&A Expenses | $126M |
| Other Expenses | $547.3K |
| Operating Expenses | $180M |
| Cost & Expenses | $674M |
| OPERATING INCOME | $5M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | -$547.3K |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $2M |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $36M |
| EBIT | $3M |
| EBITDA | $38M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $36M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$547.3K |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$132M |
| OPERATING CASH FLOW | -$125M |
| Capital Expenditure | -$59M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$59M |
| Net Debt Issuance | $146M |
| Common Stock Repurchased | -$27M |
| Common Dividends Paid | -$8M |
| Other Financing Activities | $45M |
| NET CASH FROM FINANCING | $144M |
| FREE CASH FLOW | -$184M |
| Net Change in Cash | -$78M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $25M |
| Short-Term Investments | -$6M |
| Net Receivables | $255M |
| Inventory | $530M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $813M |
| PP&E (Net) | $1.2B |
| Goodwill | $414M |
| Intangible Assets | $278M |
| Long-Term Investments | $43M |
| Tax Assets | $2M |
| Other Non-Current Assets | $18M |
| TOTAL NON-CURRENT ASSETS | $1.9B |
| TOTAL ASSETS | $2.7B |
| Account Payables | $245M |
| Short-Term Debt | $179M |
| Deferred Revenue | $22M |
| Other Current Liabilities | $16M |
| TOTAL CURRENT LIABILITIES | $462M |
| Long-Term Debt | $371M |
| Deferred Revenue NC | $200M |
| Deferred Tax Liabilities | $148M |
| Other Non-Current Liabilities | $13M |
| TOTAL NON-CURRENT LIABILITIES | $738M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $267M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $84M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $2.7B |
| Total Debt | $556M |
| Net Debt | $531M |
