| Metric | Q2 2017 | Q1 2017 | Q2 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.9B | $3.2B | $2.3B | -11.8% | 26.2% |
| Op. Income | $306M | $569M | $255M | -46.2% | 20.0% |
| Gross Margin | 23.4% | 29.1% | 26.0% | -5.7pp | -2.6pp |
| Net Margin | 6.2% | 12.3% | 6.7% | -6.1pp | -0.5pp |
| EPS (Diluted) | $0.99 | $2.23 | $0.84 | -55.6% | 17.9% |
| Free Cash Flow | -$85M | $232M | $94M | -136.6% | -190.4% |
| Item | Amount |
|---|---|
| REVENUE | $2.9B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $669M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $17M |
| Other Expenses | $0 |
| Operating Expenses | $306M |
| Cost & Expenses | $2.5B |
| OPERATING INCOME | $306M |
| Interest Income | $0 |
| Interest Expense | $131M |
| Other Income/Expenses | -$71M |
| INCOME BEFORE TAX | $232M |
| Income Tax Expense | $57M |
| Net Income from Continuing Ops | $175M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $177M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $177M |
| D&A | $261M |
| EBIT | $365M |
| EBITDA | $567M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.9B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $669M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $17M |
| Other Expenses | $0 |
| Operating Expenses | $306M |
| Cost & Expenses | $2.5B |
| OPERATING INCOME | $306M |
| Interest Income | $0 |
| Interest Expense | $131M |
| Other Income/Expenses | -$71M |
| INCOME BEFORE TAX | $232M |
| Income Tax Expense | $57M |
| Net Income from Continuing Ops | $175M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $177M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $177M |
| D&A | $261M |
| EBIT | $365M |
| EBITDA | $567M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $177M |
| Depreciation & Amortization | $261M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $100M |
| Change in Working Capital | -$152M |
| OPERATING CASH FLOW | $396M |
| Capital Expenditure | -$481M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$125M |
| NET CASH FROM INVESTING | -$606M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$148M |
| Other Financing Activities | $341M |
| NET CASH FROM FINANCING | $192M |
| FREE CASH FLOW | -$85M |
| Net Change in Cash | -$18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $62M |
| Short-Term Investments | $0 |
| Net Receivables | $1.5B |
| Inventory | $743M |
| Other Current Assets | $375M |
| TOTAL CURRENT ASSETS | $2.6B |
| PP&E (Net) | $20.1B |
| Goodwill | $2.3B |
| Intangible Assets | $890M |
| Long-Term Investments | $1.2B |
| Tax Assets | $4.3B |
| Other Non-Current Assets | $1.3B |
| TOTAL NON-CURRENT ASSETS | $30.0B |
| TOTAL ASSETS | $32.6B |
| Account Payables | $988M |
| Short-Term Debt | $832M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $822M |
| TOTAL CURRENT LIABILITIES | $2.7B |
| Long-Term Debt | $11.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8.9B |
| TOTAL NON-CURRENT LIABILITIES | $20.3B |
| TOTAL LIABILITIES | $23.0B |
| Common Stock | $4.0B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $5.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$125M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9.1B |
| Minority Interest | $483M |
| TOTAL EQUITY | $9.6B |
| TOTAL LIABILITIES & EQUITY | $32.6B |
| Total Debt | $12.2B |
| Net Debt | $12.1B |
