| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.6B | $6.4B | $5.3B | -12.7% | 5.0% |
| Op. Income | $438M | $766M | $389M | -42.8% | 12.6% |
| Gross Margin | 30.6% | 33.0% | 30.8% | -2.4pp | -0.2pp |
| Net Margin | 2.9% | 16.4% | 3.8% | -13.5pp | -0.9pp |
| EPS (Diluted) | $0.67 | $4.37 | $0.85 | -84.7% | -21.2% |
| Free Cash Flow | $207M | $735M | $320M | -71.9% | -35.5% |
| Item | Amount |
|---|---|
| REVENUE | $5.6B |
| Cost of Revenue | $3.9B |
| GROSS PROFIT | $1.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.3B |
| Other Expenses | $0 |
| Operating Expenses | $1.3B |
| Cost & Expenses | $5.1B |
| OPERATING INCOME | $438M |
| Interest Income | $0 |
| Interest Expense | $230M |
| Other Income/Expenses | -$230M |
| INCOME BEFORE TAX | $207M |
| Income Tax Expense | $47M |
| Net Income from Continuing Ops | $161M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $161M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $161M |
| D&A | $152M |
| EBIT | $437M |
| EBITDA | $589M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $5.6B |
| Cost of Revenue | $3.9B |
| GROSS PROFIT | $1.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.3B |
| Other Expenses | $0 |
| Operating Expenses | $1.3B |
| Cost & Expenses | $5.1B |
| OPERATING INCOME | $438M |
| Interest Income | $0 |
| Interest Expense | $230M |
| Other Income/Expenses | -$230M |
| INCOME BEFORE TAX | $207M |
| Income Tax Expense | $47M |
| Net Income from Continuing Ops | $161M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $161M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $161M |
| D&A | $152M |
| EBIT | $437M |
| EBITDA | $589M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $161M |
| Depreciation & Amortization | $152M |
| Stock-Based Compensation | $32M |
| Deferred Income Tax | -$9M |
| Other Non-Cash Items | $83M |
| Change in Working Capital | -$113M |
| OPERATING CASH FLOW | $388M |
| Capital Expenditure | -$181M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$200.0K |
| NET CASH FROM INVESTING | -$181M |
| Net Debt Issuance | -$812M |
| Common Stock Repurchased | -$21M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $5M |
| NET CASH FROM FINANCING | -$829M |
| FREE CASH FLOW | $207M |
| Net Change in Cash | -$623M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $475M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $3.2B |
| Other Current Assets | $319M |
| TOTAL CURRENT ASSETS | $4.0B |
| PP&E (Net) | $3.2B |
| Goodwill | $5.0B |
| Intangible Assets | $3.5B |
| Long-Term Investments | $8M |
| Tax Assets | $0 |
| Other Non-Current Assets | $44M |
| TOTAL NON-CURRENT ASSETS | $11.8B |
| TOTAL ASSETS | $15.8B |
| Account Payables | $1.2B |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $654M |
| TOTAL CURRENT LIABILITIES | $1.9B |
| Long-Term Debt | $5.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $976M |
| Other Non-Current Liabilities | $538M |
| TOTAL NON-CURRENT LIABILITIES | $6.6B |
| TOTAL LIABILITIES | $8.5B |
| Common Stock | $238M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $14.7B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $7.4B |
| TOTAL LIABILITIES & EQUITY | $15.8B |
| Total Debt | $5.0B |
| Net Debt | $4.6B |
