| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.9B | $2.2B | $1.8B | -9.9% | 7.4% |
| Op. Income | $50M | $159M | $74M | -68.6% | -32.2% |
| Gross Margin | 27.5% | 29.5% | 30.5% | -2.1pp | -3.1pp |
| Net Margin | 1.9% | 5.2% | 2.7% | -3.3pp | -0.8pp |
| EPS (Diluted) | $0.35 | $1.03 | $0.44 | -66.0% | -20.5% |
| Free Cash Flow | -$270M | $86M | -$137M | -413.0% | -96.5% |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $534M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $476M |
| Other Expenses | $11M |
| Operating Expenses | $484M |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $50M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | $58M |
| Income Tax Expense | $21M |
| Net Income from Continuing Ops | $37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $57M |
| EBIT | $50M |
| EBITDA | $118M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $534M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $476M |
| Other Expenses | $11M |
| Operating Expenses | $484M |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $50M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | $58M |
| Income Tax Expense | $21M |
| Net Income from Continuing Ops | $37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $57M |
| EBIT | $50M |
| EBITDA | $118M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $37M |
| Depreciation & Amortization | $57M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $21M |
| Other Non-Cash Items | $234.0K |
| Change in Working Capital | -$243M |
| OPERATING CASH FLOW | -$119M |
| Capital Expenditure | -$151M |
| Acquisitions (Net) | -$9M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$9M |
| NET CASH FROM INVESTING | -$159M |
| Net Debt Issuance | $352M |
| Common Stock Repurchased | -$76M |
| Common Dividends Paid | -$18M |
| Other Financing Activities | -$111.0K |
| NET CASH FROM FINANCING | $259M |
| FREE CASH FLOW | -$270M |
| Net Change in Cash | -$20M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $112M |
| Short-Term Investments | $0 |
| Net Receivables | $162M |
| Inventory | $2.2B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.6B |
| PP&E (Net) | $1.7B |
| Goodwill | $245M |
| Intangible Assets | $145M |
| Long-Term Investments | $0 |
| Tax Assets | $10M |
| Other Non-Current Assets | $123M |
| TOTAL NON-CURRENT ASSETS | $2.2B |
| TOTAL ASSETS | $4.8B |
| Account Payables | $1.1B |
| Short-Term Debt | $5M |
| Deferred Revenue | $161M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.6B |
| Long-Term Debt | $516M |
| Deferred Revenue NC | $765M |
| Deferred Tax Liabilities | $24M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $2.9B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $2.1B |
| Treasury Stock | -$1.4B |
| Accum. Other Comp. Income | -$85.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $4.8B |
| Total Debt | $521M |
| Net Debt | $409M |
