| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.8B | $1.5B | $1.6B | 16.4% | 8.4% |
| Op. Income | $379M | $330M | $290M | 14.8% | 30.7% |
| Gross Margin | 38.4% | 38.3% | 35.1% | 0.1pp | 3.3pp |
| Net Margin | -0.2% | 11.3% | 4.7% | -11.4pp | -4.9pp |
| EPS (Diluted) | $-0.01 | $0.61 | $0.28 | -101.8% | -103.8% |
| Free Cash Flow | $49M | -$382M | -$60M | 112.8% | 181.7% |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $683M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $304M |
| Operating Expenses | $304M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $379M |
| Interest Income | $2M |
| Interest Expense | $110M |
| Other Income/Expenses | -$157M |
| INCOME BEFORE TAX | $222M |
| Income Tax Expense | $224M |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $229M |
| EBIT | $332M |
| EBITDA | $561M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $229M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $219M |
| Other Non-Cash Items | $42M |
| Change in Working Capital | $19M |
| OPERATING CASH FLOW | $506M |
| Capital Expenditure | -$457M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$57M |
| NET CASH FROM INVESTING | -$514M |
| Net Debt Issuance | $131M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$95M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $39M |
| FREE CASH FLOW | $49M |
| Net Change in Cash | $30M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $182M |
| Short-Term Investments | $0 |
| Net Receivables | $1.2B |
| Inventory | $672M |
| Other Current Assets | $39M |
| TOTAL CURRENT ASSETS | $2.5B |
| PP&E (Net) | $16.8B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $64M |
| Tax Assets | $0 |
| Other Non-Current Assets | $3.8B |
| TOTAL NON-CURRENT ASSETS | $20.6B |
| TOTAL ASSETS | $23.1B |
| Account Payables | $740M |
| Short-Term Debt | $1.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $308M |
| TOTAL CURRENT LIABILITIES | $2.8B |
| Long-Term Debt | $9.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6.6B |
| TOTAL NON-CURRENT LIABILITIES | $15.8B |
| TOTAL LIABILITIES | $18.6B |
| Common Stock | $3M |
| Additional Paid-In Capital | $5.0B |
| Retained Earnings | -$531M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$50M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.4B |
| Minority Interest | $37M |
| TOTAL EQUITY | $4.5B |
| TOTAL LIABILITIES & EQUITY | $23.1B |
| Total Debt | $10.5B |
| Net Debt | $10.3B |
