| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.5B | — | 1.1% | — |
| Op. Income | $132M | $94M | — | 40.0% | — |
| Gross Margin | 32.0% | 31.7% | — | 0.4pp | — |
| Net Margin | 2.3% | -1.8% | — | 4.1pp | — |
| EPS (Diluted) | $-0.07 | $-0.19 | — | 63.5% | — |
| Free Cash Flow | $99M | -$35M | — | 386.1% | — |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $479M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $347M |
| Other Expenses | $0 |
| Operating Expenses | $347M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $132M |
| Interest Income | $0 |
| Interest Expense | $130M |
| Other Income/Expenses | -$131M |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | -$33M |
| Net Income from Continuing Ops | $35M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $35M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$34M |
| D&A | $101M |
| EBIT | $131M |
| EBITDA | $233M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $479M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $347M |
| Other Expenses | $0 |
| Operating Expenses | $347M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $132M |
| Interest Income | $0 |
| Interest Expense | $130M |
| Other Income/Expenses | -$131M |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | -$33M |
| Net Income from Continuing Ops | $35M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $35M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$34M |
| D&A | $101M |
| EBIT | $131M |
| EBITDA | $233M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | $35M |
| Depreciation & Amortization | $101M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$61M |
| Other Non-Cash Items | $46M |
| Change in Working Capital | -$19M |
| OPERATING CASH FLOW | $108M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | -$66M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$66M |
| FREE CASH FLOW | $99M |
| Net Change in Cash | $37M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $172M |
| Short-Term Investments | $0 |
| Net Receivables | $940M |
| Inventory | $679M |
| Other Current Assets | $113M |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $617M |
| Goodwill | $2.8B |
| Intangible Assets | $4.7B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $114M |
| TOTAL NON-CURRENT ASSETS | $8.2B |
| TOTAL ASSETS | $10.1B |
| Account Payables | $0 |
| Short-Term Debt | $39M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $471M |
| TOTAL CURRENT LIABILITIES | $1.0B |
| Long-Term Debt | $7.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.3B |
| TOTAL NON-CURRENT LIABILITIES | $8.2B |
| TOTAL LIABILITIES | $9.2B |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$185M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$33M |
| Other Equity | -$2.7B |
| TOTAL STOCKHOLDERS' EQUITY | $892M |
| Minority Interest | $0 |
| TOTAL EQUITY | $892M |
| TOTAL LIABILITIES & EQUITY | $10.1B |
| Total Debt | $7.0B |
| Net Debt | $6.8B |
