| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.6B | $1.5B | $1.7B | 2.6% | -7.8% |
| Op. Income | $25M | -$132M | -$4M | 118.9% | 725.0% |
| Gross Margin | 16.7% | 8.1% | 15.7% | 8.6pp | 1.0pp |
| Net Margin | -0.4% | -62.8% | -1.7% | 62.4pp | 1.3pp |
| EPS (Diluted) | $-0.04 | $-4.69 | $-0.14 | 99.1% | 71.4% |
| Free Cash Flow | -$131M | $75M | -$156M | -274.7% | 16.0% |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $259M |
| R&D Expenses | $4M |
| Selling & Marketing | $0 |
| General & Administrative | $169M |
| SG&A Expenses | $169M |
| Other Expenses | $12M |
| Operating Expenses | $234M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $25M |
| Interest Income | $0 |
| Interest Expense | $36M |
| Other Income/Expenses | -$47M |
| INCOME BEFORE TAX | -$22M |
| Income Tax Expense | -$12M |
| Net Income from Continuing Ops | -$10M |
| Net Income from Discontinued Ops | $4M |
| Other Adjustments | $0 |
| NET INCOME | -$6M |
| Net Income Deductions | $4M |
| BOTTOM LINE NET INCOME | -$12M |
| D&A | $125M |
| EBIT | $26M |
| EBITDA | $162M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$6M |
| Depreciation & Amortization | $125M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$6M |
| Other Non-Cash Items | -$7M |
| Change in Working Capital | -$218M |
| OPERATING CASH FLOW | -$106M |
| Capital Expenditure | -$25M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$8M |
| NET CASH FROM INVESTING | -$25M |
| Net Debt Issuance | $162M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$166M |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | -$131M |
| Net Change in Cash | -$135M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $255M |
| Short-Term Investments | $0 |
| Net Receivables | $1.4B |
| Inventory | $0 |
| Other Current Assets | $270M |
| TOTAL CURRENT ASSETS | $2.0B |
| PP&E (Net) | $276M |
| Goodwill | $3.9B |
| Intangible Assets | $1.1B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $462M |
| TOTAL NON-CURRENT ASSETS | $5.7B |
| TOTAL ASSETS | $7.7B |
| Account Payables | $130M |
| Short-Term Debt | $46M |
| Deferred Revenue | $212M |
| Other Current Liabilities | $603M |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $2.1B |
| Deferred Revenue NC | $314M |
| Deferred Tax Liabilities | $616M |
| Other Non-Current Liabilities | $320M |
| TOTAL NON-CURRENT LIABILITIES | $3.1B |
| TOTAL LIABILITIES | $4.4B |
| Common Stock | $2M |
| Additional Paid-In Capital | $3.8B |
| Retained Earnings | -$8M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$511M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.3B |
| TOTAL LIABILITIES & EQUITY | $7.7B |
| Total Debt | $2.1B |
| Net Debt | $1.9B |
