| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $14.0B | $13.6B | $13.8B | 3.2% | 1.6% |
| Op. Income | $234M | -$101M | $186M | 331.1% | 25.6% |
| Gross Margin | 28.1% | 26.7% | 28.5% | 1.5pp | -0.3pp |
| Net Margin | 2.8% | 1.6% | 0.3% | 1.2pp | 2.5pp |
| EPS (Diluted) | $0.67 | $0.37 | $0.06 | 81.1% | 1016.7% |
| Free Cash Flow | -$176M | -$472M | $342M | 62.7% | -151.6% |
| Item | Amount |
|---|---|
| REVENUE | $14.0B |
| Cost of Revenue | $10.1B |
| GROSS PROFIT | $3.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3.7B |
| Other Expenses | $0 |
| Operating Expenses | $3.7B |
| Cost & Expenses | $13.8B |
| OPERATING INCOME | $234M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$218M |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | -$373M |
| Net Income from Continuing Ops | $388M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $388M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $388M |
| D&A | $436M |
| EBIT | -$3M |
| EBITDA | $434M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $14.0B |
| Cost of Revenue | $10.1B |
| GROSS PROFIT | $3.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3.7B |
| Other Expenses | $0 |
| Operating Expenses | $3.7B |
| Cost & Expenses | $13.8B |
| OPERATING INCOME | $234M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$218M |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | -$373M |
| Net Income from Continuing Ops | $388M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $388M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $388M |
| D&A | $436M |
| EBIT | -$3M |
| EBITDA | $434M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $388M |
| Depreciation & Amortization | $436M |
| Stock-Based Compensation | $21M |
| Deferred Income Tax | -$464M |
| Other Non-Cash Items | -$24M |
| Change in Working Capital | -$49M |
| OPERATING CASH FLOW | $308M |
| Capital Expenditure | -$484M |
| Acquisitions (Net) | $344M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $285M |
| NET CASH FROM INVESTING | $145M |
| Net Debt Issuance | -$27M |
| Common Stock Repurchased | -$18M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$213M |
| NET CASH FROM FINANCING | -$257M |
| FREE CASH FLOW | -$176M |
| Net Change in Cash | $186M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $670M |
| Short-Term Investments | $25M |
| Net Receivables | $615M |
| Inventory | $4.4B |
| Other Current Assets | $49M |
| TOTAL CURRENT ASSETS | $6.1B |
| PP&E (Net) | $10.8B |
| Goodwill | $1.2B |
| Intangible Assets | $3.1B |
| Long-Term Investments | $154M |
| Tax Assets | $731M |
| Other Non-Current Assets | $414M |
| TOTAL NON-CURRENT ASSETS | $16.4B |
| TOTAL ASSETS | $22.5B |
| Account Payables | $2.8B |
| Short-Term Debt | $168M |
| Deferred Revenue | $14M |
| Other Current Liabilities | $1.0B |
| TOTAL CURRENT LIABILITIES | $5.0B |
| Long-Term Debt | $10.9B |
| Deferred Revenue NC | $59M |
| Deferred Tax Liabilities | $1.3B |
| Other Non-Current Liabilities | $3.0B |
| TOTAL NON-CURRENT LIABILITIES | $16.1B |
| TOTAL LIABILITIES | $21.1B |
| Common Stock | $3M |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | -$569M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $191M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $22.5B |
| Total Debt | $11.9B |
| Net Debt | $11.2B |
