| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.6B | — | $6.2B | — | -26.0% |
| Op. Income | $93M | — | $173M | — | -46.0% |
| Gross Margin | 13.7% | — | 11.7% | — | 1.9pp |
| Net Margin | 1.8% | — | 1.6% | — | 0.2pp |
| EPS (Diluted) | $0.65 | — | $0.75 | — | -13.3% |
| Free Cash Flow | -$196M | — | -$109M | — | -79.8% |
| Item | Amount |
|---|---|
| REVENUE | $4.6B |
| Cost of Revenue | $4.0B |
| GROSS PROFIT | $631M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $495M |
| Other Expenses | $42M |
| Operating Expenses | $537M |
| Cost & Expenses | $4.5B |
| OPERATING INCOME | $93M |
| Interest Income | $0 |
| Interest Expense | $25M |
| Other Income/Expenses | -$39M |
| INCOME BEFORE TAX | $55M |
| Income Tax Expense | -$19M |
| Net Income from Continuing Ops | $73M |
| Net Income from Discontinued Ops | $8M |
| Other Adjustments | $0 |
| NET INCOME | $81M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $81M |
| D&A | $57M |
| EBIT | $80M |
| EBITDA | $137M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $4.6B |
| Cost of Revenue | $4.0B |
| GROSS PROFIT | $631M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $495M |
| Other Expenses | $42M |
| Operating Expenses | $537M |
| Cost & Expenses | $4.5B |
| OPERATING INCOME | $93M |
| Interest Income | $0 |
| Interest Expense | $25M |
| Other Income/Expenses | -$39M |
| INCOME BEFORE TAX | $55M |
| Income Tax Expense | -$19M |
| Net Income from Continuing Ops | $73M |
| Net Income from Discontinued Ops | $8M |
| Other Adjustments | $0 |
| NET INCOME | $81M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $81M |
| D&A | $57M |
| EBIT | $80M |
| EBITDA | $137M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $73M |
| Depreciation & Amortization | $57M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$10M |
| Other Non-Cash Items | -$249M |
| Change in Working Capital | -$62M |
| OPERATING CASH FLOW | -$184M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $8M |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | $50M |
| Common Stock Repurchased | -$151M |
| Common Dividends Paid | -$22M |
| Other Financing Activities | -$18M |
| NET CASH FROM FINANCING | -$141M |
| FREE CASH FLOW | -$196M |
| Net Change in Cash | -$293M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $836M |
| Short-Term Investments | $281M |
| Net Receivables | $3.3B |
| Inventory | $2.8B |
| Other Current Assets | $254M |
| TOTAL CURRENT ASSETS | $7.5B |
| PP&E (Net) | $520M |
| Goodwill | $1.1B |
| Intangible Assets | $277M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $221M |
| TOTAL NON-CURRENT ASSETS | $2.2B |
| TOTAL ASSETS | $9.7B |
| Account Payables | $1.9B |
| Short-Term Debt | $50M |
| Deferred Revenue | $62M |
| Other Current Liabilities | $274M |
| TOTAL CURRENT LIABILITIES | $2.5B |
| Long-Term Debt | $1.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $335M |
| TOTAL NON-CURRENT LIABILITIES | $2.1B |
| TOTAL LIABILITIES | $4.5B |
| Common Stock | $123M |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | $3.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$244M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.2B |
| TOTAL LIABILITIES & EQUITY | $9.7B |
| Total Debt | $1.8B |
| Net Debt | $943M |
