| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.3B | $5.3B | $5.6B | 1.7% | -3.8% |
| Op. Income | -$136M | $76M | $178M | -278.7% | -176.4% |
| Gross Margin | 28.5% | 30.9% | 29.4% | -2.4pp | -0.8pp |
| Net Margin | -7.2% | -0.9% | -0.5% | -6.3pp | -6.8pp |
| EPS (Diluted) | $-0.12 | $-0.02 | $-0.01 | -678.6% | -1450.5% |
| Free Cash Flow | -$91M | -$105M | -$402M | 13.6% | 77.4% |
| Item | Amount |
|---|---|
| REVENUE | $5.3B |
| Cost of Revenue | $3.8B |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $933M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $728M |
| Other Expenses | $0 |
| Operating Expenses | $1.7B |
| Cost & Expenses | $5.5B |
| OPERATING INCOME | -$136M |
| Interest Income | $0 |
| Interest Expense | $20M |
| Other Income/Expenses | -$294M |
| INCOME BEFORE TAX | -$430M |
| Income Tax Expense | -$56M |
| Net Income from Continuing Ops | -$374M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$385M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$385M |
| D&A | $449M |
| EBIT | -$411M |
| EBITDA | $38M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$385M |
| Depreciation & Amortization | $449M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$174M |
| Change in Working Capital | $103M |
| OPERATING CASH FLOW | -$8M |
| Capital Expenditure | -$83M |
| Acquisitions (Net) | $40M |
| Purchases of Investments | $338M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | $282M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$27M |
| Other Financing Activities | $180M |
| NET CASH FROM FINANCING | $153M |
| FREE CASH FLOW | -$91M |
| Net Change in Cash | $2.8B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.8B |
| Short-Term Investments | $704M |
| Net Receivables | $9.4B |
| Inventory | $3.5B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $16.5B |
| PP&E (Net) | $1.5B |
| Goodwill | $4.3B |
| Intangible Assets | $1.1B |
| Long-Term Investments | $3.4B |
| Tax Assets | $2.1B |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $12.4B |
| TOTAL ASSETS | $28.8B |
| Account Payables | $2.5B |
| Short-Term Debt | $324M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6.7B |
| TOTAL CURRENT LIABILITIES | $9.6B |
| Long-Term Debt | $3.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $187M |
| Other Non-Current Liabilities | $3.6B |
| TOTAL NON-CURRENT LIABILITIES | $6.8B |
| TOTAL LIABILITIES | $16.4B |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $12.4B |
| TOTAL STOCKHOLDERS' EQUITY | $12.4B |
| Minority Interest | $66M |
| TOTAL EQUITY | $12.5B |
| TOTAL LIABILITIES & EQUITY | $28.8B |
| Total Debt | $3.3B |
| Net Debt | $522M |
