| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.5B | $3.6B | — | -3.1% | — |
| Op. Income | $74M | $37M | — | 100.0% | — |
| Gross Margin | 37.7% | 38.0% | — | -0.3pp | — |
| Net Margin | -9.4% | -3.1% | — | -6.3pp | — |
| EPS (Diluted) | $-2.88 | $-0.97 | — | -196.9% | — |
| Free Cash Flow | $217M | -$139M | — | 256.1% | — |
| Item | Amount |
|---|---|
| REVENUE | $3.5B |
| Cost of Revenue | $2.1B |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $83M |
| Other Expenses | $1.1B |
| Operating Expenses | $1.2B |
| Cost & Expenses | $3.4B |
| OPERATING INCOME | $74M |
| Interest Income | $0 |
| Interest Expense | $256M |
| Other Income/Expenses | -$278M |
| INCOME BEFORE TAX | -$204M |
| Income Tax Expense | $104M |
| Net Income from Continuing Ops | -$308M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$325M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$325M |
| D&A | $138M |
| EBIT | $188M |
| EBITDA | $326M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$325M |
| Depreciation & Amortization | $173M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $164M |
| Change in Working Capital | $334M |
| OPERATING CASH FLOW | $346M |
| Capital Expenditure | -$129M |
| Acquisitions (Net) | $123M |
| Purchases of Investments | -$35M |
| Sales/Maturities of Investments | $12M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$29M |
| Net Debt Issuance | -$168M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$22M |
| NET CASH FROM FINANCING | -$190M |
| FREE CASH FLOW | $217M |
| Net Change in Cash | $127M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $335M |
| Short-Term Investments | $0 |
| Net Receivables | $2.5B |
| Inventory | $424M |
| Other Current Assets | $260M |
| TOTAL CURRENT ASSETS | $3.7B |
| PP&E (Net) | $6.6B |
| Goodwill | $4.6B |
| Intangible Assets | $423M |
| Long-Term Investments | $93M |
| Tax Assets | $39M |
| Other Non-Current Assets | $1.0B |
| TOTAL NON-CURRENT ASSETS | $12.7B |
| TOTAL ASSETS | $16.5B |
| Account Payables | $816M |
| Short-Term Debt | $35M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $998M |
| TOTAL CURRENT LIABILITIES | $2.5B |
| Long-Term Debt | $13.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $39M |
| Other Non-Current Liabilities | $1.1B |
| TOTAL NON-CURRENT LIABILITIES | $14.6B |
| TOTAL LIABILITIES | $17.1B |
| Common Stock | $1M |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | -$3.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$1.2B |
| Minority Interest | $570M |
| TOTAL EQUITY | -$635M |
| TOTAL LIABILITIES & EQUITY | $16.5B |
| Total Debt | $13.6B |
| Net Debt | $13.2B |
