| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $657M | $733M | $931M | -10.4% | -29.4% |
| Op. Income | -$30M | -$47M | $186M | 36.2% | -116.1% |
| Gross Margin | 23.9% | 23.1% | 42.7% | 0.8pp | -18.8pp |
| Net Margin | -3.8% | -4.4% | 14.5% | 0.6pp | -18.2pp |
| EPS (Diluted) | $-0.36 | $-0.47 | $1.69 | 23.4% | -121.2% |
| Free Cash Flow | -$9M | $58M | $163M | -116.1% | -105.8% |
| Item | Amount |
|---|---|
| REVENUE | $657M |
| Cost of Revenue | $500M |
| GROSS PROFIT | $157M |
| R&D Expenses | $0 |
| Selling & Marketing | $100M |
| General & Administrative | $27M |
| SG&A Expenses | $127M |
| Other Expenses | -$552.0K |
| Operating Expenses | $187M |
| Cost & Expenses | $687M |
| OPERATING INCOME | -$30M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | -$35M |
| Income Tax Expense | -$10M |
| Net Income from Continuing Ops | -$25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$25M |
| Net Income Deductions | -$3M |
| BOTTOM LINE NET INCOME | -$33M |
| D&A | $36M |
| EBIT | -$29M |
| EBITDA | $7M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$25M |
| Depreciation & Amortization | $36M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$10M |
| Other Non-Cash Items | -$17M |
| Change in Working Capital | $65M |
| OPERATING CASH FLOW | $64M |
| Capital Expenditure | -$73M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$70M |
| Net Debt Issuance | $38M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$7M |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | $33M |
| FREE CASH FLOW | -$9M |
| Net Change in Cash | $18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $12M |
| Short-Term Investments | -$3M |
| Net Receivables | $215M |
| Inventory | $363M |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $624M |
| PP&E (Net) | $1.2B |
| Goodwill | $409M |
| Intangible Assets | $275M |
| Long-Term Investments | $43M |
| Tax Assets | $2M |
| Other Non-Current Assets | $20M |
| TOTAL NON-CURRENT ASSETS | $2.0B |
| TOTAL ASSETS | $2.6B |
| Account Payables | $217M |
| Short-Term Debt | $172M |
| Deferred Revenue | $23M |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $414M |
| Long-Term Debt | $371M |
| Deferred Revenue NC | $206M |
| Deferred Tax Liabilities | $140M |
| Other Non-Current Liabilities | $15M |
| TOTAL NON-CURRENT LIABILITIES | $738M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $267M |
| Additional Paid-In Capital | $353M |
| Retained Earnings | $1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $81M |
| Other Equity | -$353M |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $2.6B |
| Total Debt | $549M |
| Net Debt | $536M |
