| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $13.6B | $13.8B | $13.6B | -1.7% | -0.1% |
| Op. Income | -$101M | -$220M | $154M | 54.0% | -165.7% |
| Gross Margin | 26.7% | 27.0% | 28.1% | -0.3pp | -1.4pp |
| Net Margin | 1.6% | -2.6% | -0.3% | 4.2pp | 1.9pp |
| EPS (Diluted) | $0.37 | $-0.61 | $-0.06 | 160.7% | 716.7% |
| Free Cash Flow | -$472M | -$112M | -$90M | -323.1% | -426.4% |
| Item | Amount |
|---|---|
| REVENUE | $13.6B |
| Cost of Revenue | $10.0B |
| GROSS PROFIT | $3.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3.7B |
| Other Expenses | $0 |
| Operating Expenses | $3.7B |
| Cost & Expenses | $13.7B |
| OPERATING INCOME | -$101M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$204M |
| INCOME BEFORE TAX | -$305M |
| Income Tax Expense | -$524M |
| Net Income from Continuing Ops | $218M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $218M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $218M |
| D&A | $444M |
| EBIT | -$101M |
| EBITDA | $343M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $218M |
| Depreciation & Amortization | $444M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$502M |
| Other Non-Cash Items | $48M |
| Change in Working Capital | -$378M |
| OPERATING CASH FLOW | -$162M |
| Capital Expenditure | -$310M |
| Acquisitions (Net) | -$114M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $566M |
| NET CASH FROM INVESTING | $142M |
| Net Debt Issuance | -$62M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$15M |
| NET CASH FROM FINANCING | -$77M |
| FREE CASH FLOW | -$472M |
| Net Change in Cash | -$88M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $473M |
| Short-Term Investments | $24M |
| Net Receivables | $602M |
| Inventory | $4.7B |
| Other Current Assets | $641M |
| TOTAL CURRENT ASSETS | $6.5B |
| PP&E (Net) | $10.8B |
| Goodwill | $1.2B |
| Intangible Assets | $3.2B |
| Long-Term Investments | $87M |
| Tax Assets | $0 |
| Other Non-Current Assets | $468M |
| TOTAL NON-CURRENT ASSETS | $15.8B |
| TOTAL ASSETS | $22.2B |
| Account Payables | $3.1B |
| Short-Term Debt | $123M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.3B |
| TOTAL CURRENT LIABILITIES | $5.6B |
| Long-Term Debt | $10.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4.1B |
| TOTAL NON-CURRENT LIABILITIES | $15.8B |
| TOTAL LIABILITIES | $21.4B |
| Common Stock | $0 |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | -$957M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $27M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $824M |
| Minority Interest | $0 |
| TOTAL EQUITY | $824M |
| TOTAL LIABILITIES & EQUITY | $22.2B |
| Total Debt | $11.9B |
| Net Debt | $11.5B |
