| Metric | Q2 2017 | Q1 2017 | Q2 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $13.8B | $18.5B | $13.9B | -25.1% | -0.2% |
| Op. Income | -$220M | $82M | $101M | -366.7% | -317.2% |
| Gross Margin | 27.0% | 27.4% | 27.2% | -0.4pp | -0.2pp |
| Net Margin | -2.6% | -1.1% | -1.7% | -1.5pp | -0.8pp |
| EPS (Diluted) | $-0.61 | $-0.35 | $-0.41 | -74.3% | -48.8% |
| Free Cash Flow | -$112M | $232M | -$26M | -148.2% | -335.9% |
| Item | Amount |
|---|---|
| REVENUE | $13.8B |
| Cost of Revenue | $10.1B |
| GROSS PROFIT | $3.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3.8B |
| Other Expenses | $142M |
| Operating Expenses | $3.9B |
| Cost & Expenses | $14.1B |
| OPERATING INCOME | -$220M |
| Interest Income | $0 |
| Interest Expense | $215M |
| Other Income/Expenses | -$203M |
| INCOME BEFORE TAX | -$423M |
| Income Tax Expense | -$68M |
| Net Income from Continuing Ops | -$355M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$355M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$355M |
| D&A | $439M |
| EBIT | -$208M |
| EBITDA | $231M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$355M |
| Depreciation & Amortization | $439M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | -$56M |
| Other Non-Cash Items | $235M |
| Change in Working Capital | -$54M |
| OPERATING CASH FLOW | $218M |
| Capital Expenditure | -$330M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $48M |
| NET CASH FROM INVESTING | -$282M |
| Net Debt Issuance | -$202M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$226M |
| NET CASH FROM FINANCING | -$428M |
| FREE CASH FLOW | -$112M |
| Net Change in Cash | -$491M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $572M |
| Short-Term Investments | $0 |
| Net Receivables | $609M |
| Inventory | $4.4B |
| Other Current Assets | $322M |
| TOTAL CURRENT ASSETS | $5.9B |
| PP&E (Net) | $11.3B |
| Goodwill | $1.0B |
| Intangible Assets | $3.3B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $846M |
| TOTAL NON-CURRENT ASSETS | $16.4B |
| TOTAL ASSETS | $22.3B |
| Account Payables | $3.0B |
| Short-Term Debt | $179M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.4B |
| TOTAL CURRENT LIABILITIES | $5.6B |
| Long-Term Debt | $11.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.4B |
| Other Non-Current Liabilities | $3.0B |
| TOTAL NON-CURRENT LIABILITIES | $16.1B |
| TOTAL LIABILITIES | $21.7B |
| Common Stock | $0 |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | -$1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $21M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $596M |
| Minority Interest | $0 |
| TOTAL EQUITY | $596M |
| TOTAL LIABILITIES & EQUITY | $22.3B |
| Total Debt | $11.9B |
| Net Debt | $11.4B |
