| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.2B | $2.9B | $2.9B | 13.7% | 10.8% |
| Op. Income | $424M | $306M | $507M | 38.6% | -16.4% |
| Gross Margin | 24.3% | 23.4% | 28.3% | 0.9pp | -4.0pp |
| Net Margin | 8.3% | 6.2% | 11.5% | 2.1pp | -3.3pp |
| EPS (Diluted) | $1.50 | $0.99 | $1.88 | 51.5% | -20.2% |
| Free Cash Flow | -$169M | -$85M | $10M | -98.8% | -1790.0% |
| Item | Amount |
|---|---|
| REVENUE | $3.2B |
| Cost of Revenue | $2.5B |
| GROSS PROFIT | $789M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $16M |
| Other Expenses | $0 |
| Operating Expenses | $310M |
| Cost & Expenses | $2.8B |
| OPERATING INCOME | $424M |
| Interest Income | $0 |
| Interest Expense | $142M |
| Other Income/Expenses | -$81M |
| INCOME BEFORE TAX | $337M |
| Income Tax Expense | $74M |
| Net Income from Continuing Ops | $263M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$1M |
| NET INCOME | $269M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $269M |
| D&A | $273M |
| EBIT | $483M |
| EBITDA | $697M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $3.2B |
| Cost of Revenue | $2.5B |
| GROSS PROFIT | $789M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $16M |
| Other Expenses | $0 |
| Operating Expenses | $310M |
| Cost & Expenses | $2.8B |
| OPERATING INCOME | $424M |
| Interest Income | $0 |
| Interest Expense | $142M |
| Other Income/Expenses | -$81M |
| INCOME BEFORE TAX | $337M |
| Income Tax Expense | $74M |
| Net Income from Continuing Ops | $263M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$1M |
| NET INCOME | $269M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $269M |
| D&A | $273M |
| EBIT | $483M |
| EBITDA | $697M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $270M |
| Depreciation & Amortization | $273M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $71M |
| Change in Working Capital | -$257M |
| OPERATING CASH FLOW | $367M |
| Capital Expenditure | -$536M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$18M |
| NET CASH FROM INVESTING | -$554M |
| Net Debt Issuance | $136M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$148M |
| Other Financing Activities | $201M |
| NET CASH FROM FINANCING | $189M |
| FREE CASH FLOW | -$169M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $63M |
| Short-Term Investments | $0 |
| Net Receivables | $1.6B |
| Inventory | $816M |
| Other Current Assets | $541M |
| TOTAL CURRENT ASSETS | $2.8B |
| PP&E (Net) | $20.3B |
| Goodwill | $2.3B |
| Intangible Assets | $883M |
| Long-Term Investments | $1.2B |
| Tax Assets | $4.4B |
| Other Non-Current Assets | $1.2B |
| TOTAL NON-CURRENT ASSETS | $30.3B |
| TOTAL ASSETS | $33.1B |
| Account Payables | $994M |
| Short-Term Debt | $768M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $705M |
| TOTAL CURRENT LIABILITIES | $2.6B |
| Long-Term Debt | $11.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8.8B |
| TOTAL NON-CURRENT LIABILITIES | $20.6B |
| TOTAL LIABILITIES | $23.2B |
| Common Stock | $4.0B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $5.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$120M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9.4B |
| Minority Interest | $480M |
| TOTAL EQUITY | $9.9B |
| TOTAL LIABILITIES & EQUITY | $33.1B |
| Total Debt | $12.6B |
| Net Debt | $12.5B |
