| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.3B | $5.3B | $5.0B | 0.7% | 6.3% |
| Op. Income | $425M | $420M | $342M | 1.4% | 24.2% |
| Gross Margin | 31.3% | 30.8% | 30.4% | 0.5pp | 0.9pp |
| Net Margin | 4.5% | 4.4% | 3.4% | 0.1pp | 1.1pp |
| EPS (Diluted) | $1.01 | $0.98 | $0.72 | 3.1% | 40.3% |
| Free Cash Flow | -$260M | $83M | -$121M | -413.4% | -115.9% |
| Item | Amount |
|---|---|
| REVENUE | $5.3B |
| Cost of Revenue | $3.7B |
| GROSS PROFIT | $1.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.2B |
| Other Expenses | $0 |
| Operating Expenses | $1.2B |
| Cost & Expenses | $4.9B |
| OPERATING INCOME | $425M |
| Interest Income | $0 |
| Interest Expense | $70M |
| Other Income/Expenses | -$70M |
| INCOME BEFORE TAX | $355M |
| Income Tax Expense | $115M |
| Net Income from Continuing Ops | $240M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $240M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $240M |
| D&A | $149M |
| EBIT | $425M |
| EBITDA | $574M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $5.3B |
| Cost of Revenue | $3.7B |
| GROSS PROFIT | $1.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.2B |
| Other Expenses | $0 |
| Operating Expenses | $1.2B |
| Cost & Expenses | $4.9B |
| OPERATING INCOME | $425M |
| Interest Income | $0 |
| Interest Expense | $70M |
| Other Income/Expenses | -$70M |
| INCOME BEFORE TAX | $355M |
| Income Tax Expense | $115M |
| Net Income from Continuing Ops | $240M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $240M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $240M |
| D&A | $149M |
| EBIT | $425M |
| EBITDA | $574M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $240M |
| Depreciation & Amortization | $149M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | $23M |
| Other Non-Cash Items | $16M |
| Change in Working Capital | -$511M |
| OPERATING CASH FLOW | -$83M |
| Capital Expenditure | -$178M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$176M |
| Net Debt Issuance | -$42M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $7M |
| NET CASH FROM FINANCING | -$35M |
| FREE CASH FLOW | -$260M |
| Net Change in Cash | -$293M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $400M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $3.4B |
| Other Current Assets | $175M |
| TOTAL CURRENT ASSETS | $4.0B |
| PP&E (Net) | $3.2B |
| Goodwill | $5.0B |
| Intangible Assets | $3.5B |
| Long-Term Investments | $9M |
| Tax Assets | $0 |
| Other Non-Current Assets | $43M |
| TOTAL NON-CURRENT ASSETS | $11.8B |
| TOTAL ASSETS | $15.7B |
| Account Payables | $1.2B |
| Short-Term Debt | $166M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $693M |
| TOTAL CURRENT LIABILITIES | $2.0B |
| Long-Term Debt | $5.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.5B |
| Other Non-Current Liabilities | $544M |
| TOTAL NON-CURRENT LIABILITIES | $7.6B |
| TOTAL LIABILITIES | $9.6B |
| Common Stock | $237M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $12.2B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $6.1B |
| TOTAL LIABILITIES & EQUITY | $15.7B |
| Total Debt | $5.7B |
| Net Debt | $5.3B |
