| Metric | FY 2014 | Prior Q | FY 2013 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.5B | — | $5.3B | — | 3.9% |
| Op. Income | -$155M | — | $103M | — | -250.5% |
| Gross Margin | 33.4% | — | 37.3% | — | -3.9pp |
| Net Margin | -7.3% | — | -1.6% | — | -5.8pp |
| EPS (Diluted) | $-0.52 | — | $-0.11 | — | -372.7% |
| Free Cash Flow | -$193M | — | -$232M | — | 16.8% |
| Item | Amount |
|---|---|
| REVENUE | $5.5B |
| Cost of Revenue | $3.7B |
| GROSS PROFIT | $1.8B |
| R&D Expenses | $1.1B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $604M |
| Other Expenses | $318M |
| Operating Expenses | $2.0B |
| Cost & Expenses | $5.7B |
| OPERATING INCOME | -$155M |
| Interest Income | $3M |
| Interest Expense | $177M |
| Other Income/Expenses | -$243M |
| INCOME BEFORE TAX | -$398M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | -$403M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$403M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$403M |
| D&A | $203M |
| EBIT | -$221M |
| EBITDA | -$18M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$403M |
| Depreciation & Amortization | $203M |
| Stock-Based Compensation | $81M |
| Deferred Income Tax | $294M |
| Other Non-Cash Items | $18M |
| Change in Working Capital | -$291M |
| OPERATING CASH FLOW | -$98M |
| Capital Expenditure | -$95M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$790M |
| Sales/Maturities of Investments | $873M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | $40M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $6M |
| NET CASH FROM FINANCING | $46M |
| FREE CASH FLOW | -$193M |
| Net Change in Cash | -$64M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $805M |
| Short-Term Investments | $235M |
| Net Receivables | $931M |
| Inventory | $685M |
| Other Current Assets | -$33M |
| TOTAL CURRENT ASSETS | $2.7B |
| PP&E (Net) | $302M |
| Goodwill | $320M |
| Intangible Assets | $284M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $125M |
| TOTAL NON-CURRENT ASSETS | $1.0B |
| TOTAL ASSETS | $3.8B |
| Account Payables | $415M |
| Short-Term Debt | $177M |
| Deferred Revenue | $72M |
| Other Current Liabilities | $179M |
| TOTAL CURRENT LIABILITIES | $1.4B |
| Long-Term Debt | $2.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $105M |
| TOTAL NON-CURRENT LIABILITIES | $2.1B |
| TOTAL LIABILITIES | $3.6B |
| Common Stock | $8M |
| Additional Paid-In Capital | $6.9B |
| Retained Earnings | -$6.6B |
| Treasury Stock | -$119M |
| Accum. Other Comp. Income | -$5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $187M |
| Minority Interest | $0 |
| TOTAL EQUITY | $187M |
| TOTAL LIABILITIES & EQUITY | $3.8B |
| Total Debt | $2.2B |
| Net Debt | $1.4B |
