| Metric | Q2 2017 | Q1 2017 | Q2 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.6B | $3.7B | $3.6B | -3.0% | 1.3% |
| Op. Income | $191M | $244M | $172M | -21.6% | 11.2% |
| Gross Margin | 10.9% | 11.7% | 10.2% | -0.8pp | 0.7pp |
| Net Margin | 1.9% | 3.4% | 1.9% | -1.4pp | 0.1pp |
| EPS (Diluted) | $0.28 | $0.50 | $0.27 | -44.0% | 3.7% |
| Free Cash Flow | $346M | -$133M | $259M | 360.7% | 33.6% |
| Item | Amount |
|---|---|
| REVENUE | $3.6B |
| Cost of Revenue | $3.2B |
| GROSS PROFIT | $395M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $79M |
| Other Expenses | $125M |
| Operating Expenses | $204M |
| Cost & Expenses | $3.4B |
| OPERATING INCOME | $191M |
| Interest Income | $0 |
| Interest Expense | $98M |
| Other Income/Expenses | -$98M |
| INCOME BEFORE TAX | $94M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $70M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $70M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $70M |
| D&A | $125M |
| EBIT | $191M |
| EBITDA | $317M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $3.6B |
| Cost of Revenue | $3.2B |
| GROSS PROFIT | $395M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $79M |
| Other Expenses | $125M |
| Operating Expenses | $204M |
| Cost & Expenses | $3.4B |
| OPERATING INCOME | $191M |
| Interest Income | $0 |
| Interest Expense | $98M |
| Other Income/Expenses | -$98M |
| INCOME BEFORE TAX | $94M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $70M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $70M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $70M |
| D&A | $125M |
| EBIT | $191M |
| EBITDA | $317M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $70M |
| Depreciation & Amortization | $125M |
| Stock-Based Compensation | $18M |
| Deferred Income Tax | -$11M |
| Other Non-Cash Items | $0 |
| Change in Working Capital | $252M |
| OPERATING CASH FLOW | $454M |
| Capital Expenditure | -$109M |
| Acquisitions (Net) | -$66M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | -$170M |
| Net Debt Issuance | -$116M |
| Common Stock Repurchased | -$100M |
| Common Dividends Paid | -$25M |
| Other Financing Activities | -$45M |
| NET CASH FROM FINANCING | -$286M |
| FREE CASH FLOW | $346M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $145M |
| Short-Term Investments | $0 |
| Net Receivables | $1.5B |
| Inventory | $572M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.4B |
| PP&E (Net) | $1.0B |
| Goodwill | $4.6B |
| Intangible Assets | $1.1B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.3B |
| TOTAL NON-CURRENT ASSETS | $8.1B |
| TOTAL ASSETS | $10.5B |
| Account Payables | $805M |
| Short-Term Debt | $80M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2.1B |
| Long-Term Debt | $5.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $978M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $6.2B |
| TOTAL LIABILITIES | $8.2B |
| Common Stock | $3M |
| Additional Paid-In Capital | $3.0B |
| Retained Earnings | $120M |
| Treasury Stock | -$674M |
| Accum. Other Comp. Income | -$174M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.2B |
| Minority Interest | $10M |
| TOTAL EQUITY | $2.3B |
| TOTAL LIABILITIES & EQUITY | $10.5B |
| Total Debt | $5.3B |
| Net Debt | $5.1B |
