| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $155M | $241M | $135M | -35.6% | 14.9% |
| Op. Income | $9M | $38M | $3M | -76.6% | 170.8% |
| Gross Margin | 49.3% | 50.3% | 38.1% | -1.0pp | 11.3pp |
| Net Margin | 1.4% | 10.4% | -2.4% | -9.0pp | 3.8pp |
| EPS (Diluted) | $0.03 | $0.30 | $-0.04 | -91.6% | 164.6% |
| Free Cash Flow | -$50M | $49M | $20M | -200.8% | -347.2% |
| Item | Amount |
|---|---|
| REVENUE | $155M |
| Cost of Revenue | $79M |
| GROSS PROFIT | $77M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $68M |
| Other Expenses | $0 |
| Operating Expenses | $68M |
| Cost & Expenses | $147M |
| OPERATING INCOME | $9M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $613.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $7M |
| EBIT | $9M |
| EBITDA | $15M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $155M |
| Cost of Revenue | $79M |
| GROSS PROFIT | $77M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $68M |
| Other Expenses | $0 |
| Operating Expenses | $68M |
| Cost & Expenses | $147M |
| OPERATING INCOME | $9M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $613.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $7M |
| EBIT | $9M |
| EBITDA | $15M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $668.0K |
| Change in Working Capital | -$45M |
| OPERATING CASH FLOW | -$30M |
| Capital Expenditure | -$20M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$11M |
| NET CASH FROM INVESTING | -$20M |
| Net Debt Issuance | -$11M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$11M |
| FREE CASH FLOW | -$50M |
| Net Change in Cash | -$61M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $19M |
| Short-Term Investments | $0 |
| Net Receivables | $63M |
| Inventory | $164M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $266M |
| PP&E (Net) | $78M |
| Goodwill | $54M |
| Intangible Assets | $90M |
| Long-Term Investments | -$6M |
| Tax Assets | $6M |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $229M |
| TOTAL ASSETS | $496M |
| Account Payables | $78M |
| Short-Term Debt | $44M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $173M |
| Long-Term Debt | $274M |
| Deferred Revenue NC | -$6M |
| Deferred Tax Liabilities | $6M |
| Other Non-Current Liabilities | $14M |
| TOTAL NON-CURRENT LIABILITIES | $288M |
| TOTAL LIABILITIES | $460M |
| Common Stock | $842.0K |
| Additional Paid-In Capital | $272M |
| Retained Earnings | -$238M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$107.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $35M |
| Minority Interest | $0 |
| TOTAL EQUITY | $35M |
| TOTAL LIABILITIES & EQUITY | $496M |
| Total Debt | $317M |
| Net Debt | $298M |
