| Metric | FY 2015 | Prior Q | FY 2014 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.0B | — | $5.5B | — | -27.5% |
| Op. Income | -$481M | — | -$155M | — | -210.3% |
| Gross Margin | 27.1% | — | 33.4% | — | -6.3pp |
| Net Margin | -16.5% | — | -7.3% | — | -9.2pp |
| EPS (Diluted) | $-0.84 | — | $-0.52 | — | -61.5% |
| Free Cash Flow | -$333M | — | -$193M | — | -72.5% |
| Item | Amount |
|---|---|
| REVENUE | $4.0B |
| Cost of Revenue | $2.9B |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $947M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $482M |
| Other Expenses | $132M |
| Operating Expenses | $1.6B |
| Cost & Expenses | $4.5B |
| OPERATING INCOME | -$481M |
| Interest Income | $0 |
| Interest Expense | $160M |
| Other Income/Expenses | -$165M |
| INCOME BEFORE TAX | -$646M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | -$660M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$660M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$660M |
| D&A | $167M |
| EBIT | -$486M |
| EBITDA | -$319M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$660M |
| Depreciation & Amortization | $167M |
| Stock-Based Compensation | $63M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $91M |
| Change in Working Capital | $102M |
| OPERATING CASH FLOW | -$237M |
| Capital Expenditure | -$96M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$227M |
| Sales/Maturities of Investments | $462M |
| Other Investing Activities | $8M |
| NET CASH FROM INVESTING | $147M |
| Net Debt Issuance | $56M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $59M |
| FREE CASH FLOW | -$333M |
| Net Change in Cash | -$20M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $785M |
| Short-Term Investments | $0 |
| Net Receivables | $566M |
| Inventory | $678M |
| Other Current Assets | $258M |
| TOTAL CURRENT ASSETS | $2.3B |
| PP&E (Net) | $188M |
| Goodwill | $278M |
| Intangible Assets | $189M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $109M |
| TOTAL NON-CURRENT ASSETS | $764M |
| TOTAL ASSETS | $3.1B |
| Account Payables | $279M |
| Short-Term Debt | $230M |
| Deferred Revenue | $53M |
| Other Current Liabilities | $219M |
| TOTAL CURRENT LIABILITIES | $1.4B |
| Long-Term Debt | $2.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $86M |
| TOTAL NON-CURRENT LIABILITIES | $2.1B |
| TOTAL LIABILITIES | $3.5B |
| Common Stock | $8M |
| Additional Paid-In Capital | $7.0B |
| Retained Earnings | -$7.3B |
| Treasury Stock | -$123M |
| Accum. Other Comp. Income | -$8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$412M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$412M |
| TOTAL LIABILITIES & EQUITY | $3.1B |
| Total Debt | $2.2B |
| Net Debt | $1.5B |
