| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | — | $1.1B | — | 33.8% |
| Op. Income | $82M | — | -$3M | — | 2833.3% |
| Gross Margin | 34.8% | — | 31.7% | — | 3.1pp |
| Net Margin | 4.1% | — | -4.6% | — | 8.7pp |
| EPS (Diluted) | $-0.02 | — | $-0.05 | — | 63.5% |
| Free Cash Flow | $339M | — | $167M | — | 103.0% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $965M |
| GROSS PROFIT | $515M |
| R&D Expenses | $300M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $133M |
| Other Expenses | $0 |
| Operating Expenses | $433M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $82M |
| Interest Income | $0 |
| Interest Expense | $31M |
| Other Income/Expenses | -$29M |
| INCOME BEFORE TAX | $53M |
| Income Tax Expense | -$8M |
| Net Income from Continuing Ops | $61M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $61M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $61M |
| D&A | $39M |
| EBIT | $84M |
| EBITDA | $123M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $965M |
| GROSS PROFIT | $515M |
| R&D Expenses | $300M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $133M |
| Other Expenses | $0 |
| Operating Expenses | $433M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $82M |
| Interest Income | $0 |
| Interest Expense | $31M |
| Other Income/Expenses | -$29M |
| INCOME BEFORE TAX | $53M |
| Income Tax Expense | -$8M |
| Net Income from Continuing Ops | $61M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $61M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $61M |
| D&A | $39M |
| EBIT | $84M |
| EBITDA | $123M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | $61M |
| Depreciation & Amortization | $39M |
| Stock-Based Compensation | $21M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $8M |
| Change in Working Capital | $254M |
| OPERATING CASH FLOW | $383M |
| Capital Expenditure | -$44M |
| Acquisitions (Net) | $1M |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | $59M |
| NET CASH FROM INVESTING | $17M |
| Net Debt Issuance | -$40M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $6M |
| NET CASH FROM FINANCING | -$34M |
| FREE CASH FLOW | $339M |
| Net Change in Cash | $306M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $0 |
| Net Receivables | $487M |
| Inventory | $694M |
| Other Current Assets | $235M |
| TOTAL CURRENT ASSETS | $2.6B |
| PP&E (Net) | $261M |
| Goodwill | $289M |
| Intangible Assets | $239M |
| Long-Term Investments | $58M |
| Tax Assets | $0 |
| Other Non-Current Assets | $71M |
| TOTAL NON-CURRENT ASSETS | $918M |
| TOTAL ASSETS | $3.6B |
| Account Payables | $384M |
| Short-Term Debt | $70M |
| Deferred Revenue | $85M |
| Other Current Liabilities | $213M |
| TOTAL CURRENT LIABILITIES | $1.5B |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $118M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $3.0B |
| Common Stock | $9M |
| Additional Paid-In Capital | $8.5B |
| Retained Earnings | -$7.8B |
| Treasury Stock | -$108M |
| Accum. Other Comp. Income | $6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $596M |
| Minority Interest | $0 |
| TOTAL EQUITY | $596M |
| TOTAL LIABILITIES & EQUITY | $3.6B |
| Total Debt | $1.4B |
| Net Debt | $210M |
