| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.6B | $1.4B | $1.3B | 14.4% | 15.5% |
| Op. Income | $117M | $34M | $62M | 244.8% | 88.7% |
| Gross Margin | 10.5% | 10.5% | 9.9% | 0.0pp | 0.6pp |
| Net Margin | 1.0% | -1.7% | -0.7% | 2.7pp | 1.7pp |
| EPS (Diluted) | $0.14 | $-0.22 | $-0.09 | 163.2% | 258.3% |
| Free Cash Flow | -$28M | -$266M | -$160M | 89.4% | 82.5% |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $164M |
| R&D Expenses | $13M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $76M |
| Other Expenses | $0 |
| Operating Expenses | $89M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $117M |
| Interest Income | $0 |
| Interest Expense | $63M |
| Other Income/Expenses | -$70M |
| INCOME BEFORE TAX | $47M |
| Income Tax Expense | $32M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $50M |
| EBIT | $110M |
| EBITDA | $170M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $164M |
| R&D Expenses | $13M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $76M |
| Other Expenses | $0 |
| Operating Expenses | $89M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $117M |
| Interest Income | $0 |
| Interest Expense | $63M |
| Other Income/Expenses | -$70M |
| INCOME BEFORE TAX | $47M |
| Income Tax Expense | $32M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $50M |
| EBIT | $110M |
| EBITDA | $170M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $15M |
| Depreciation & Amortization | $50M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $32M |
| Other Non-Cash Items | $64M |
| Change in Working Capital | -$53M |
| OPERATING CASH FLOW | $42M |
| Capital Expenditure | -$70M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$11M |
| NET CASH FROM INVESTING | -$81M |
| Net Debt Issuance | $11M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$15M |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | -$28M |
| Net Change in Cash | -$44M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $362M |
| Short-Term Investments | $151M |
| Net Receivables | $549M |
| Inventory | $720M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $1.7B |
| Goodwill | $528M |
| Intangible Assets | $90M |
| Long-Term Investments | $47M |
| Tax Assets | $270M |
| Other Non-Current Assets | $61M |
| TOTAL NON-CURRENT ASSETS | $2.7B |
| TOTAL ASSETS | $4.5B |
| Account Payables | $1.1B |
| Short-Term Debt | $133M |
| Deferred Revenue | $71M |
| Other Current Liabilities | $28M |
| TOTAL CURRENT LIABILITIES | $1.4B |
| Long-Term Debt | $2.7B |
| Deferred Revenue NC | $1.0B |
| Deferred Tax Liabilities | $39M |
| Other Non-Current Liabilities | $68M |
| TOTAL NON-CURRENT LIABILITIES | $3.8B |
| TOTAL LIABILITIES | $5.2B |
| Common Stock | $2M |
| Additional Paid-In Capital | $190M |
| Retained Earnings | -$843M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$152M |
| Other Equity | $152M |
| TOTAL STOCKHOLDERS' EQUITY | -$651M |
| Minority Interest | $11M |
| TOTAL EQUITY | -$641M |
| TOTAL LIABILITIES & EQUITY | $4.5B |
| Total Debt | $2.8B |
| Net Debt | $2.5B |
