| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.4B | $1.6B | 5.4% | -3.8% |
| Op. Income | $330M | $241M | $375M | 36.9% | -12.0% |
| Gross Margin | 38.3% | 34.8% | 39.1% | 3.5pp | -0.8pp |
| Net Margin | 11.3% | 6.3% | 11.7% | 4.9pp | -0.5pp |
| EPS (Diluted) | $0.61 | $0.33 | $0.67 | 84.8% | -9.0% |
| Free Cash Flow | -$382M | $92M | -$267M | -515.2% | -43.1% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $942M |
| GROSS PROFIT | $585M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $255M |
| Operating Expenses | $255M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $330M |
| Interest Income | $3M |
| Interest Expense | $111M |
| Other Income/Expenses | -$101M |
| INCOME BEFORE TAX | $229M |
| Income Tax Expense | $57M |
| Net Income from Continuing Ops | $172M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $172M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $172M |
| D&A | $193M |
| EBIT | $340M |
| EBITDA | $533M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $942M |
| GROSS PROFIT | $585M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $255M |
| Operating Expenses | $255M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $330M |
| Interest Income | $3M |
| Interest Expense | $111M |
| Other Income/Expenses | -$101M |
| INCOME BEFORE TAX | $229M |
| Income Tax Expense | $57M |
| Net Income from Continuing Ops | $172M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $172M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $172M |
| D&A | $193M |
| EBIT | $340M |
| EBITDA | $533M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $172M |
| Depreciation & Amortization | $193M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $66M |
| Other Non-Cash Items | $31M |
| Change in Working Capital | -$382M |
| OPERATING CASH FLOW | $80M |
| Capital Expenditure | -$462M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$86M |
| NET CASH FROM INVESTING | -$548M |
| Net Debt Issuance | $290M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$94M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $200M |
| FREE CASH FLOW | -$382M |
| Net Change in Cash | $169M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $142M |
| Short-Term Investments | $0 |
| Net Receivables | $840M |
| Inventory | $787M |
| Other Current Assets | $77M |
| TOTAL CURRENT ASSETS | $2.1B |
| PP&E (Net) | $16.4B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $71M |
| Tax Assets | $0 |
| Other Non-Current Assets | $3.5B |
| TOTAL NON-CURRENT ASSETS | $20.0B |
| TOTAL ASSETS | $22.1B |
| Account Payables | $632M |
| Short-Term Debt | $1.2B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $340M |
| TOTAL CURRENT LIABILITIES | $2.3B |
| Long-Term Debt | $9.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6.2B |
| TOTAL NON-CURRENT LIABILITIES | $15.3B |
| TOTAL LIABILITIES | $17.5B |
| Common Stock | $3M |
| Additional Paid-In Capital | $5.0B |
| Retained Earnings | -$434M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$47M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.5B |
| Minority Interest | $37M |
| TOTAL EQUITY | $4.6B |
| TOTAL LIABILITIES & EQUITY | $22.1B |
| Total Debt | $10.3B |
| Net Debt | $10.2B |
