| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.3B | $3.5B | $3.1B | -6.8% | 4.5% |
| Op. Income | $171M | $197M | $161M | -13.4% | 6.0% |
| Gross Margin | 17.0% | 16.5% | 16.8% | 0.5pp | 0.2pp |
| Net Margin | 1.8% | 3.0% | 2.5% | -1.2pp | -0.7pp |
| EPS (Diluted) | $0.35 | $0.63 | $0.46 | -44.4% | -23.9% |
| Free Cash Flow | $350M | $83M | $417M | 324.1% | -16.0% |
| Item | Amount |
|---|---|
| REVENUE | $3.3B |
| Cost of Revenue | $2.7B |
| GROSS PROFIT | $554M |
| R&D Expenses | $0 |
| Selling & Marketing | $35M |
| General & Administrative | $347M |
| SG&A Expenses | $383M |
| Other Expenses | $0 |
| Operating Expenses | $383M |
| Cost & Expenses | $3.1B |
| OPERATING INCOME | $171M |
| Interest Income | $0 |
| Interest Expense | $40M |
| Other Income/Expenses | -$96M |
| INCOME BEFORE TAX | $75M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $58M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $58M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $58M |
| D&A | $64M |
| EBIT | $114M |
| EBITDA | $178M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $3.3B |
| Cost of Revenue | $2.7B |
| GROSS PROFIT | $554M |
| R&D Expenses | $0 |
| Selling & Marketing | $35M |
| General & Administrative | $347M |
| SG&A Expenses | $383M |
| Other Expenses | $0 |
| Operating Expenses | $383M |
| Cost & Expenses | $3.1B |
| OPERATING INCOME | $171M |
| Interest Income | $0 |
| Interest Expense | $40M |
| Other Income/Expenses | -$96M |
| INCOME BEFORE TAX | $75M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $58M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $58M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $58M |
| D&A | $64M |
| EBIT | $114M |
| EBITDA | $178M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $58M |
| Depreciation & Amortization | $64M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | -$19M |
| Other Non-Cash Items | $62M |
| Change in Working Capital | $192M |
| OPERATING CASH FLOW | $370M |
| Capital Expenditure | -$20M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$20M |
| Net Debt Issuance | -$4M |
| Common Stock Repurchased | -$175M |
| Common Dividends Paid | -$26M |
| Other Financing Activities | -$157M |
| NET CASH FROM FINANCING | -$362M |
| FREE CASH FLOW | $350M |
| Net Change in Cash | -$12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $252M |
| Short-Term Investments | $0 |
| Net Receivables | $2.2B |
| Inventory | $493M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.1B |
| PP&E (Net) | $162M |
| Goodwill | $2.5B |
| Intangible Assets | $1.0B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $41M |
| TOTAL NON-CURRENT ASSETS | $3.7B |
| TOTAL ASSETS | $6.8B |
| Account Payables | $1.1B |
| Short-Term Debt | $19M |
| Deferred Revenue | $205M |
| Other Current Liabilities | $327M |
| TOTAL CURRENT LIABILITIES | $2.2B |
| Long-Term Debt | $3.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $350M |
| Other Non-Current Liabilities | $32M |
| TOTAL NON-CURRENT LIABILITIES | $3.6B |
| TOTAL LIABILITIES | $5.9B |
| Common Stock | $2M |
| Additional Paid-In Capital | $2.9B |
| Retained Earnings | -$1.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$134M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $907M |
| Minority Interest | $0 |
| TOTAL EQUITY | $907M |
| TOTAL LIABILITIES & EQUITY | $6.8B |
| Total Debt | $3.3B |
| Net Debt | $3.0B |
