Inventory still bloated given new marketing environment.
$454 million still owed to GF, at least half of which is guaranteed to show up as "one-time" events in the next several quarters.
Building sale apparently not accounted for in the quarter.
Somehow, despite the obvious changes in the value of its markets, the company made 0 change to goodwill...so that writedown is coming up soon, too. Saving it to be the "one-time" event in a quarter when they don't have any GF money to pay out, maybe.
Debt, in addition to the quarter-billion still owed to GF net of operations, is over $2 billion. And debt rating is in the toilet.
The company doesn't even include a line for Retained Earnings (would you walk around town with your #$%$ hanging out of your tights and a sign around your neck saying "punch me"?) but the decline in Shareholder Equity from $4.6 billion to $4 billion should be a clue how that went.
And you're...buying...bwaha...at a premium!!!