| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $964M | $1.1B | $862M | -9.8% | 11.9% |
| Op. Income | $104M | -$52M | $99M | 300.8% | 4.9% |
| Gross Margin | 42.0% | 41.1% | 43.9% | 0.8pp | -1.9pp |
| Net Margin | 3.9% | -13.2% | -2.8% | 17.1pp | 6.7pp |
| EPS (Diluted) | $0.13 | $-0.49 | $-0.09 | 126.5% | 251.5% |
| Free Cash Flow | -$171M | $81M | -$135M | -312.3% | -26.5% |
| Item | Amount |
|---|---|
| REVENUE | $964M |
| Cost of Revenue | $559M |
| GROSS PROFIT | $405M |
| R&D Expenses | $24M |
| Selling & Marketing | $0 |
| General & Administrative | $277M |
| SG&A Expenses | $277M |
| Other Expenses | $0 |
| Operating Expenses | $301M |
| Cost & Expenses | $860M |
| OPERATING INCOME | $104M |
| Interest Income | $0 |
| Interest Expense | $77M |
| Other Income/Expenses | -$103M |
| INCOME BEFORE TAX | $103M |
| Income Tax Expense | $65M |
| Net Income from Continuing Ops | $38M |
| Net Income from Discontinued Ops | $47M |
| Other Adjustments | -$47M |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $92M |
| EBIT | $181M |
| EBITDA | $273M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $964M |
| Cost of Revenue | $559M |
| GROSS PROFIT | $405M |
| R&D Expenses | $24M |
| Selling & Marketing | $0 |
| General & Administrative | $277M |
| SG&A Expenses | $277M |
| Other Expenses | $0 |
| Operating Expenses | $301M |
| Cost & Expenses | $860M |
| OPERATING INCOME | $104M |
| Interest Income | $0 |
| Interest Expense | $77M |
| Other Income/Expenses | -$103M |
| INCOME BEFORE TAX | $103M |
| Income Tax Expense | $65M |
| Net Income from Continuing Ops | $38M |
| Net Income from Discontinued Ops | $47M |
| Other Adjustments | -$47M |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $92M |
| EBIT | $181M |
| EBITDA | $273M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $37M |
| Depreciation & Amortization | $40M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$167M |
| Change in Working Capital | -$72M |
| OPERATING CASH FLOW | -$161M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $25M |
| Purchases of Investments | -$13M |
| Sales/Maturities of Investments | $25M |
| Other Investing Activities | -$20M |
| NET CASH FROM INVESTING | $7M |
| Net Debt Issuance | $52M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $22M |
| NET CASH FROM FINANCING | $74M |
| FREE CASH FLOW | -$171M |
| Net Change in Cash | -$66M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $413M |
| Short-Term Investments | $0 |
| Net Receivables | $1.3B |
| Inventory | $612M |
| Other Current Assets | $190M |
| TOTAL CURRENT ASSETS | $2.6B |
| PP&E (Net) | $451M |
| Goodwill | $4.3B |
| Intangible Assets | $3.1B |
| Long-Term Investments | -$569M |
| Tax Assets | $569M |
| Other Non-Current Assets | $141M |
| TOTAL NON-CURRENT ASSETS | $8.0B |
| TOTAL ASSETS | $10.5B |
| Account Payables | $498M |
| Short-Term Debt | $116M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $621M |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $5.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $569M |
| Other Non-Current Liabilities | $280M |
| TOTAL NON-CURRENT LIABILITIES | $6.3B |
| TOTAL LIABILITIES | $7.6B |
| Common Stock | $3M |
| Additional Paid-In Capital | $4.0B |
| Retained Earnings | -$834M |
| Treasury Stock | -$100.0K |
| Accum. Other Comp. Income | -$357M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.9B |
| Minority Interest | $111M |
| TOTAL EQUITY | $3.0B |
| TOTAL LIABILITIES & EQUITY | $10.5B |
| Total Debt | $5.6B |
| Net Debt | $5.2B |
