| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.0B | $3.0B | $2.0B | -32.8% | 3.8% |
| Op. Income | $101M | $287M | $114M | -64.7% | -11.3% |
| Gross Margin | 34.3% | 33.1% | 34.3% | 1.2pp | 0.1pp |
| Net Margin | 2.9% | 6.9% | 3.3% | -4.0pp | -0.5pp |
| EPS (Diluted) | $0.15 | $0.51 | $0.16 | -70.6% | -6.3% |
| Free Cash Flow | -$277M | $369M | -$406M | -175.1% | 31.7% |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $703M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $564M |
| Other Expenses | $38M |
| Operating Expenses | $601M |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $101M |
| Interest Income | $200.0K |
| Interest Expense | $14M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $87M |
| Income Tax Expense | $28M |
| Net Income from Continuing Ops | $59M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $59M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $59M |
| D&A | $38M |
| EBIT | $101M |
| EBITDA | $140M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $703M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $564M |
| Other Expenses | $38M |
| Operating Expenses | $601M |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $101M |
| Interest Income | $200.0K |
| Interest Expense | $14M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $87M |
| Income Tax Expense | $28M |
| Net Income from Continuing Ops | $59M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $59M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $59M |
| D&A | $38M |
| EBIT | $101M |
| EBITDA | $140M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $59M |
| Depreciation & Amortization | $38M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$14M |
| Other Non-Cash Items | $19M |
| Change in Working Capital | -$365M |
| OPERATING CASH FLOW | -$257M |
| Capital Expenditure | -$20M |
| Acquisitions (Net) | -$9M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$27M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$25M |
| Common Dividends Paid | -$40M |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$65M |
| FREE CASH FLOW | -$277M |
| Net Change in Cash | -$358M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $312M |
| Short-Term Investments | $0 |
| Net Receivables | $173M |
| Inventory | $1.2B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $454M |
| Goodwill | $1.7B |
| Intangible Assets | $513M |
| Long-Term Investments | $0 |
| Tax Assets | $73M |
| Other Non-Current Assets | $72M |
| TOTAL NON-CURRENT ASSETS | $2.8B |
| TOTAL ASSETS | $4.7B |
| Account Payables | $526M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.5B |
| Long-Term Debt | $816M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $23M |
| Other Non-Current Liabilities | $110M |
| TOTAL NON-CURRENT LIABILITIES | $949M |
| TOTAL LIABILITIES | $2.4B |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $3M |
| Retained Earnings | $2.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$56M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.3B |
| TOTAL LIABILITIES & EQUITY | $4.7B |
| Total Debt | $816M |
| Net Debt | $504M |
