| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.6B | $3.6B | $3.6B | -0.8% | 0.2% |
| Op. Income | $155M | $191M | $169M | -19.2% | -8.7% |
| Gross Margin | 10.0% | 10.9% | 9.8% | -0.9pp | 0.2pp |
| Net Margin | 1.8% | 1.9% | 1.2% | -0.1pp | 0.6pp |
| EPS (Diluted) | $0.26 | $0.28 | $0.18 | -7.1% | 44.4% |
| Free Cash Flow | -$104M | $346M | $43M | -130.1% | -343.5% |
| Item | Amount |
|---|---|
| REVENUE | $3.6B |
| Cost of Revenue | $3.2B |
| GROSS PROFIT | $361M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $80M |
| Other Expenses | $126M |
| Operating Expenses | $206M |
| Cost & Expenses | $3.4B |
| OPERATING INCOME | $155M |
| Interest Income | $0 |
| Interest Expense | $61M |
| Other Income/Expenses | -$61M |
| INCOME BEFORE TAX | $93M |
| Income Tax Expense | $28M |
| Net Income from Continuing Ops | $65M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $65M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $65M |
| D&A | $126M |
| EBIT | $155M |
| EBITDA | $281M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $3.6B |
| Cost of Revenue | $3.2B |
| GROSS PROFIT | $361M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $80M |
| Other Expenses | $126M |
| Operating Expenses | $206M |
| Cost & Expenses | $3.4B |
| OPERATING INCOME | $155M |
| Interest Income | $0 |
| Interest Expense | $61M |
| Other Income/Expenses | -$61M |
| INCOME BEFORE TAX | $93M |
| Income Tax Expense | $28M |
| Net Income from Continuing Ops | $65M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $65M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $65M |
| D&A | $126M |
| EBIT | $155M |
| EBITDA | $281M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $65M |
| Depreciation & Amortization | $126M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | -$10M |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$174M |
| OPERATING CASH FLOW | $21M |
| Capital Expenditure | -$125M |
| Acquisitions (Net) | -$63M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $10M |
| NET CASH FROM INVESTING | -$178M |
| Net Debt Issuance | $130M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$25M |
| Other Financing Activities | $50M |
| NET CASH FROM FINANCING | $166M |
| FREE CASH FLOW | -$104M |
| Net Change in Cash | $9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $155M |
| Short-Term Investments | $0 |
| Net Receivables | $1.5B |
| Inventory | $568M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.5B |
| PP&E (Net) | $982M |
| Goodwill | $4.7B |
| Intangible Assets | $1.1B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.4B |
| TOTAL NON-CURRENT ASSETS | $8.2B |
| TOTAL ASSETS | $10.7B |
| Account Payables | $729M |
| Short-Term Debt | $74M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.9B |
| Long-Term Debt | $5.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $976M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $6.4B |
| TOTAL LIABILITIES | $8.3B |
| Common Stock | $3M |
| Additional Paid-In Capital | $3.0B |
| Retained Earnings | $159M |
| Treasury Stock | -$678M |
| Accum. Other Comp. Income | -$156M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.3B |
| Minority Interest | $10M |
| TOTAL EQUITY | $2.3B |
| TOTAL LIABILITIES & EQUITY | $10.7B |
| Total Debt | $5.5B |
| Net Debt | $5.4B |
