| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $862M | — | $824M | — | 4.6% |
| Op. Income | $99M | — | $52M | — | 90.6% |
| Gross Margin | 43.9% | — | 43.2% | — | 0.7pp |
| Net Margin | -2.8% | — | -16.4% | — | 13.5pp |
| EPS (Diluted) | $-0.09 | — | $-0.59 | — | 85.5% |
| Free Cash Flow | -$135M | — | -$222M | — | 39.1% |
| Item | Amount |
|---|---|
| REVENUE | $862M |
| Cost of Revenue | $483M |
| GROSS PROFIT | $378M |
| R&D Expenses | $22M |
| Selling & Marketing | $0 |
| General & Administrative | $258M |
| SG&A Expenses | $258M |
| Other Expenses | -$2M |
| Operating Expenses | $279M |
| Cost & Expenses | $763M |
| OPERATING INCOME | $99M |
| Interest Income | $0 |
| Interest Expense | $89M |
| Other Income/Expenses | -$104M |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | -$24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$24M |
| D&A | $86M |
| EBIT | $85M |
| EBITDA | $167M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$24M |
| Depreciation & Amortization | $86M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $46M |
| Change in Working Capital | -$227M |
| OPERATING CASH FLOW | -$120M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$13M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$25M |
| Net Debt Issuance | $80M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $80M |
| FREE CASH FLOW | -$135M |
| Net Change in Cash | -$56M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $366M |
| Short-Term Investments | $0 |
| Net Receivables | $1.2B |
| Inventory | $517M |
| Other Current Assets | $105M |
| TOTAL CURRENT ASSETS | $2.3B |
| PP&E (Net) | $456M |
| Goodwill | $4.3B |
| Intangible Assets | $3.2B |
| Long-Term Investments | -$668M |
| Tax Assets | $668M |
| Other Non-Current Assets | $127M |
| TOTAL NON-CURRENT ASSETS | $8.1B |
| TOTAL ASSETS | $10.3B |
| Account Payables | $410M |
| Short-Term Debt | $208M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $417M |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $5.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $668M |
| Other Non-Current Liabilities | $289M |
| TOTAL NON-CURRENT LIABILITIES | $6.1B |
| TOTAL LIABILITIES | $7.3B |
| Common Stock | $3M |
| Additional Paid-In Capital | $4.0B |
| Retained Earnings | -$598M |
| Treasury Stock | -$100.0K |
| Accum. Other Comp. Income | -$498M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.9B |
| Minority Interest | $143M |
| TOTAL EQUITY | $3.0B |
| TOTAL LIABILITIES & EQUITY | $10.3B |
| Total Debt | $5.3B |
| Net Debt | $5.0B |
