| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.1B | $2.5B | $2.0B | -17.4% | 4.0% |
| Op. Income | $161M | $262M | $165M | -38.5% | -2.2% |
| Gross Margin | 17.1% | 19.2% | 18.4% | -2.0pp | -1.2pp |
| Net Margin | 3.8% | 10.3% | 6.2% | -6.5pp | -2.4pp |
| EPS (Diluted) | $0.04 | $0.11 | $0.05 | -66.3% | -27.5% |
| Free Cash Flow | $258M | $346M | $282M | -25.5% | -8.5% |
| Item | Amount |
|---|---|
| REVENUE | $2.1B |
| Cost of Revenue | $1.7B |
| GROSS PROFIT | $352M |
| R&D Expenses | $85M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $105M |
| Other Expenses | $0 |
| Operating Expenses | $191M |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $161M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | -$43M |
| INCOME BEFORE TAX | $119M |
| Income Tax Expense | $27M |
| Net Income from Continuing Ops | $91M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$2 |
| NET INCOME | $79M |
| Net Income Deductions | $7M |
| BOTTOM LINE NET INCOME | $72M |
| D&A | $224M |
| EBIT | $139M |
| EBITDA | $363M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2.1B |
| Cost of Revenue | $1.7B |
| GROSS PROFIT | $352M |
| R&D Expenses | $85M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $105M |
| Other Expenses | $0 |
| Operating Expenses | $191M |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $161M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | -$43M |
| INCOME BEFORE TAX | $119M |
| Income Tax Expense | $27M |
| Net Income from Continuing Ops | $91M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$2 |
| NET INCOME | $79M |
| Net Income Deductions | $7M |
| BOTTOM LINE NET INCOME | $72M |
| D&A | $224M |
| EBIT | $139M |
| EBITDA | $363M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $79M |
| Depreciation & Amortization | $224M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $95M |
| Change in Working Capital | $78M |
| OPERATING CASH FLOW | $476M |
| Capital Expenditure | -$218M |
| Acquisitions (Net) | $6M |
| Purchases of Investments | -$461M |
| Sales/Maturities of Investments | $448M |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$224M |
| Net Debt Issuance | -$316M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $143.0K |
| NET CASH FROM FINANCING | $19M |
| FREE CASH FLOW | $258M |
| Net Change in Cash | $1.3B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.3B |
| Short-Term Investments | $118M |
| Net Receivables | $1.4B |
| Inventory | $1.3B |
| Other Current Assets | $121M |
| TOTAL CURRENT ASSETS | $4.3B |
| PP&E (Net) | $4.4B |
| Goodwill | $0 |
| Intangible Assets | $378M |
| Long-Term Investments | $1.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $221M |
| TOTAL NON-CURRENT ASSETS | $6.7B |
| TOTAL ASSETS | $11.0B |
| Account Payables | $970M |
| Short-Term Debt | $1.1B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.0B |
| TOTAL CURRENT LIABILITIES | $3.1B |
| Long-Term Debt | $2.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $318M |
| TOTAL NON-CURRENT LIABILITIES | $2.3B |
| TOTAL LIABILITIES | $5.4B |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $5.2B |
| TOTAL STOCKHOLDERS' EQUITY | $5.2B |
| Minority Interest | $377M |
| TOTAL EQUITY | $5.6B |
| TOTAL LIABILITIES & EQUITY | $11.0B |
| Total Debt | $3.1B |
| Net Debt | $1.8B |
