| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.0B | $1.9B | $1.7B | 3.6% | 13.9% |
| Op. Income | -$235M | $117M | -$576M | -301.1% | 59.2% |
| Gross Margin | 10.6% | 10.3% | 6.0% | 0.3pp | 4.5pp |
| Net Margin | -14.1% | 1.5% | -35.7% | -15.6pp | 21.6pp |
| EPS (Diluted) | $-0.16 | $0.02 | $-0.34 | -1054.2% | 55.0% |
| Free Cash Flow | $404M | -$83M | $291M | 589.3% | 38.8% |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $209M |
| R&D Expenses | $30M |
| Selling & Marketing | $25M |
| General & Administrative | $56M |
| SG&A Expenses | $80M |
| Other Expenses | $8M |
| Operating Expenses | $89M |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | -$235M |
| Interest Income | $10M |
| Interest Expense | $80M |
| Other Income/Expenses | -$444M |
| INCOME BEFORE TAX | -$323M |
| Income Tax Expense | -$45M |
| Net Income from Continuing Ops | -$279M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$279M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$279M |
| D&A | $106M |
| EBIT | -$243M |
| EBITDA | -$137M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$279M |
| Depreciation & Amortization | $106M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$41M |
| Other Non-Cash Items | $625M |
| Change in Working Capital | $49M |
| OPERATING CASH FLOW | $461M |
| Capital Expenditure | -$57M |
| Acquisitions (Net) | $36M |
| Purchases of Investments | -$482M |
| Sales/Maturities of Investments | $697M |
| Other Investing Activities | -$251M |
| NET CASH FROM INVESTING | -$56M |
| Net Debt Issuance | -$565M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$10M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$575M |
| FREE CASH FLOW | $404M |
| Net Change in Cash | -$143M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $515M |
| Short-Term Investments | $166M |
| Net Receivables | $743M |
| Inventory | $1.4B |
| Other Current Assets | $849M |
| TOTAL CURRENT ASSETS | $3.6B |
| PP&E (Net) | $3.3B |
| Goodwill | $1.6B |
| Intangible Assets | $196M |
| Long-Term Investments | $258M |
| Tax Assets | $615M |
| Other Non-Current Assets | $540M |
| TOTAL NON-CURRENT ASSETS | $6.5B |
| TOTAL ASSETS | $10.1B |
| Account Payables | $641M |
| Short-Term Debt | $404M |
| Deferred Revenue | $165M |
| Other Current Liabilities | $349M |
| TOTAL CURRENT LIABILITIES | $1.6B |
| Long-Term Debt | $2.9B |
| Deferred Revenue NC | $300M |
| Deferred Tax Liabilities | $183M |
| Other Non-Current Liabilities | $544M |
| TOTAL NON-CURRENT LIABILITIES | $3.8B |
| TOTAL LIABILITIES | $5.3B |
| Common Stock | $3.9B |
| Additional Paid-In Capital | $3.9B |
| Retained Earnings | $668M |
| Treasury Stock | -$15M |
| Accum. Other Comp. Income | $811M |
| Other Equity | -$3.9B |
| TOTAL STOCKHOLDERS' EQUITY | $4.8B |
| Minority Interest | $50M |
| TOTAL EQUITY | $4.8B |
| TOTAL LIABILITIES & EQUITY | $10.1B |
| Total Debt | $3.3B |
| Net Debt | $2.8B |
