| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $913M | $925M | $957M | -1.3% | -4.5% |
| Op. Income | -$138M | -$414M | $30M | 66.8% | -556.0% |
| Gross Margin | 31.3% | 31.6% | 32.8% | -0.3pp | -1.5pp |
| Net Margin | -18.1% | -49.4% | -4.8% | 31.3pp | -13.3pp |
| EPS (Diluted) | $-0.88 | $-2.45 | $-0.25 | 64.1% | -252.0% |
| Free Cash Flow | $7M | -$29M | $92M | 123.6% | -92.7% |
| Item | Amount |
|---|---|
| REVENUE | $913M |
| Cost of Revenue | $627M |
| GROSS PROFIT | $286M |
| R&D Expenses | $0 |
| Selling & Marketing | $82M |
| General & Administrative | $58M |
| SG&A Expenses | $140M |
| Other Expenses | $284M |
| Operating Expenses | $424M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | -$138M |
| Interest Income | $3M |
| Interest Expense | $74M |
| Other Income/Expenses | -$43M |
| INCOME BEFORE TAX | -$181M |
| Income Tax Expense | -$16M |
| Net Income from Continuing Ops | -$166M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$165M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$165M |
| D&A | $116M |
| EBIT | $30M |
| EBITDA | $146M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$166M |
| Depreciation & Amortization | $118M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$16M |
| Other Non-Cash Items | $124M |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | $61M |
| Capital Expenditure | -$54M |
| Acquisitions (Net) | -$430.0K |
| Purchases of Investments | $54M |
| Sales/Maturities of Investments | $155M |
| Other Investing Activities | -$234M |
| NET CASH FROM INVESTING | -$80M |
| Net Debt Issuance | -$183M |
| Common Stock Repurchased | -$97.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$186M |
| FREE CASH FLOW | $7M |
| Net Change in Cash | -$205M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $127M |
| Short-Term Investments | $20M |
| Net Receivables | $118M |
| Inventory | $180M |
| Other Current Assets | $180M |
| TOTAL CURRENT ASSETS | $551M |
| PP&E (Net) | $5.7B |
| Goodwill | $154M |
| Intangible Assets | $60M |
| Long-Term Investments | $32M |
| Tax Assets | -$246M |
| Other Non-Current Assets | $463M |
| TOTAL NON-CURRENT ASSETS | $6.2B |
| TOTAL ASSETS | $6.7B |
| Account Payables | $80M |
| Short-Term Debt | $279M |
| Deferred Revenue | $69M |
| Other Current Liabilities | -$25M |
| TOTAL CURRENT LIABILITIES | $736M |
| Long-Term Debt | $3.5B |
| Deferred Revenue NC | -$70M |
| Deferred Tax Liabilities | $70M |
| Other Non-Current Liabilities | $466M |
| TOTAL NON-CURRENT LIABILITIES | $5.1B |
| TOTAL LIABILITIES | $5.8B |
| Common Stock | $2M |
| Additional Paid-In Capital | $4.1B |
| Retained Earnings | -$3.2B |
| Treasury Stock | -$56M |
| Accum. Other Comp. Income | -$3.1B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $921M |
| Minority Interest | -$504.0K |
| TOTAL EQUITY | $921M |
| TOTAL LIABILITIES & EQUITY | $6.7B |
| Total Debt | $4.5B |
| Net Debt | $4.4B |
