| Metric | FY 2014 | Prior Q | FY 2013 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $27.2B | — | $20.1B | — | 35.6% |
| Op. Income | -$649M | — | $1.5B | — | -142.4% |
| Gross Margin | 27.6% | — | 26.9% | — | 0.7pp |
| Net Margin | -4.5% | — | 8.6% | — | -13.1pp |
| EPS (Diluted) | $-2.10 | — | $2.97 | — | -170.7% |
| Free Cash Flow | -$493M | — | -$79M | — | -525.2% |
| Item | Amount |
|---|---|
| REVENUE | $27.2B |
| Cost of Revenue | $19.7B |
| GROSS PROFIT | $7.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $8.2B |
| General & Administrative | $0 |
| SG&A Expenses | $8.2B |
| Other Expenses | $0 |
| Operating Expenses | $8.2B |
| Cost & Expenses | $27.8B |
| OPERATING INCOME | -$649M |
| Interest Income | $0 |
| Interest Expense | $633M |
| Other Income/Expenses | -$729M |
| INCOME BEFORE TAX | -$1.4B |
| Income Tax Expense | -$153M |
| Net Income from Continuing Ops | -$1.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1.2B |
| D&A | $718M |
| EBIT | -$745M |
| EBITDA | -$27M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$1.2B |
| Depreciation & Amortization | $718M |
| Stock-Based Compensation | $344M |
| Deferred Income Tax | -$170M |
| Other Non-Cash Items | $207M |
| Change in Working Capital | -$39M |
| OPERATING CASH FLOW | -$165M |
| Capital Expenditure | -$328M |
| Acquisitions (Net) | -$5.7B |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $57M |
| NET CASH FROM INVESTING | -$5.9B |
| Net Debt Issuance | $5.9B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$35M |
| Other Financing Activities | $1.1B |
| NET CASH FROM FINANCING | $6.9B |
| FREE CASH FLOW | -$493M |
| Net Change in Cash | $819M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $0 |
| Net Receivables | $632M |
| Inventory | $4.2B |
| Other Current Assets | $798M |
| TOTAL CURRENT ASSETS | $7.1B |
| PP&E (Net) | $12.0B |
| Goodwill | $1.0B |
| Intangible Assets | $4.2B |
| Long-Term Investments | $341M |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.0B |
| TOTAL NON-CURRENT ASSETS | $18.7B |
| TOTAL ASSETS | $25.8B |
| Account Payables | $2.8B |
| Short-Term Debt | $624M |
| Deferred Revenue | $25M |
| Other Current Liabilities | $1.5B |
| TOTAL CURRENT LIABILITIES | $6.2B |
| Long-Term Debt | $11.1B |
| Deferred Revenue NC | $256M |
| Deferred Tax Liabilities | $1.8B |
| Other Non-Current Liabilities | $3.4B |
| TOTAL NON-CURRENT LIABILITIES | $17.4B |
| TOTAL LIABILITIES | $23.6B |
| Common Stock | $0 |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | $260M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $60M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.2B |
| TOTAL LIABILITIES & EQUITY | $25.8B |
| Total Debt | $12.6B |
| Net Debt | $11.4B |
