| Metric | Q3 2016 | Q2 2016 | Q3 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.0B | — | 27.3% | — |
| Op. Income | -$293M | -$8M | — | -3562.5% | — |
| Gross Margin | 4.5% | 31.1% | — | -26.5pp | — |
| Net Margin | -31.1% | 6.7% | — | -37.8pp | — |
| EPS (Diluted) | $-0.50 | $0.08 | — | -725.0% | — |
| Free Cash Flow | $20M | -$106M | — | 118.9% | — |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $59M |
| R&D Expenses | $259M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $117M |
| Other Expenses | -$24M |
| Operating Expenses | $352M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | -$293M |
| Interest Income | $0 |
| Interest Expense | $41M |
| Other Income/Expenses | -$109M |
| INCOME BEFORE TAX | -$402M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | -$406M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$406M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$406M |
| D&A | $33M |
| EBIT | -$356M |
| EBITDA | -$323M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$406M |
| Depreciation & Amortization | $33M |
| Stock-Based Compensation | $23M |
| Deferred Income Tax | $307M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $67M |
| OPERATING CASH FLOW | $29M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | -$5M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | -$10M |
| Net Debt Issuance | -$393M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $9M |
| NET CASH FROM FINANCING | $282M |
| FREE CASH FLOW | $20M |
| Net Change in Cash | $301M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.3B |
| Short-Term Investments | $0 |
| Net Receivables | $653M |
| Inventory | $772M |
| Other Current Assets | $128M |
| TOTAL CURRENT ASSETS | $2.8B |
| PP&E (Net) | $161M |
| Goodwill | $289M |
| Intangible Assets | $235M |
| Long-Term Investments | $60M |
| Tax Assets | $0 |
| Other Non-Current Assets | $47M |
| TOTAL NON-CURRENT ASSETS | $792M |
| TOTAL ASSETS | $3.6B |
| Account Payables | $582M |
| Short-Term Debt | $0 |
| Deferred Revenue | $54M |
| Other Current Liabilities | $156M |
| TOTAL CURRENT LIABILITIES | $1.5B |
| Long-Term Debt | $1.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $126M |
| TOTAL NON-CURRENT LIABILITIES | $1.8B |
| TOTAL LIABILITIES | $3.2B |
| Common Stock | $9M |
| Additional Paid-In Capital | $8.3B |
| Retained Earnings | -$7.8B |
| Treasury Stock | -$127M |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $385M |
| Minority Interest | $0 |
| TOTAL EQUITY | $385M |
| TOTAL LIABILITIES & EQUITY | $3.6B |
| Total Debt | $1.6B |
| Net Debt | $374M |
