| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.5B | $2.0B | $3.0B | 76.1% | 15.0% |
| Op. Income | -$97M | $88M | $287M | -210.4% | -133.7% |
| Gross Margin | 29.3% | 34.7% | 33.1% | -5.4pp | -3.8pp |
| Net Margin | -3.0% | 3.0% | 6.9% | -6.0pp | -9.9pp |
| EPS (Diluted) | $-0.26 | $0.15 | $0.51 | -273.3% | -151.0% |
| Free Cash Flow | $424M | $256M | $369M | 65.6% | 15.1% |
| Item | Amount |
|---|---|
| REVENUE | $3.5B |
| Cost of Revenue | $2.5B |
| GROSS PROFIT | $1.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $692M |
| Other Expenses | $429M |
| Operating Expenses | $1.1B |
| Cost & Expenses | $3.6B |
| OPERATING INCOME | -$97M |
| Interest Income | $1M |
| Interest Expense | $14M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | -$110M |
| Income Tax Expense | -$4M |
| Net Income from Continuing Ops | -$106M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$106M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$106M |
| D&A | $39M |
| EBIT | -$96M |
| EBITDA | -$57M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$106M |
| Depreciation & Amortization | $39M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | -$94M |
| Other Non-Cash Items | $398M |
| Change in Working Capital | $205M |
| OPERATING CASH FLOW | $452M |
| Capital Expenditure | -$28M |
| Acquisitions (Net) | $4M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$23M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$100.0K |
| Common Dividends Paid | -$39M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$39M |
| FREE CASH FLOW | $424M |
| Net Change in Cash | $410M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $854M |
| Short-Term Investments | $0 |
| Net Receivables | $139M |
| Inventory | $1.3B |
| Other Current Assets | $660M |
| TOTAL CURRENT ASSETS | $3.0B |
| PP&E (Net) | $351M |
| Goodwill | $1.4B |
| Intangible Assets | $93M |
| Long-Term Investments | $0 |
| Tax Assets | $158M |
| Other Non-Current Assets | $71M |
| TOTAL NON-CURRENT ASSETS | $2.0B |
| TOTAL ASSETS | $5.0B |
| Account Payables | $892M |
| Short-Term Debt | $0 |
| Deferred Revenue | $435M |
| Other Current Liabilities | $203M |
| TOTAL CURRENT LIABILITIES | $1.9B |
| Long-Term Debt | $818M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $73M |
| TOTAL NON-CURRENT LIABILITIES | $896M |
| TOTAL LIABILITIES | $2.8B |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $22M |
| Retained Earnings | $2.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $12M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.2B |
| TOTAL LIABILITIES & EQUITY | $5.0B |
| Total Debt | $818M |
| Net Debt | -$36M |
