| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $716M | $1.6B | $850M | -55.1% | -15.7% |
| Op. Income | -$80M | $271M | $78M | -129.7% | -202.6% |
| Gross Margin | 54.7% | 52.9% | 56.4% | 1.7pp | -1.7pp |
| Net Margin | -15.7% | -0.3% | 8.1% | -15.4pp | -23.8pp |
| EPS (Diluted) | $-0.90 | $-0.04 | $0.54 | -2017.6% | -266.7% |
| Free Cash Flow | $290M | $490M | $382M | -40.9% | -24.2% |
| Item | Amount |
|---|---|
| REVENUE | $716M |
| Cost of Revenue | $325M |
| GROSS PROFIT | $392M |
| R&D Expenses | $57M |
| Selling & Marketing | $68M |
| General & Administrative | $328M |
| SG&A Expenses | $396M |
| Other Expenses | $19M |
| Operating Expenses | $472M |
| Cost & Expenses | $797M |
| OPERATING INCOME | -$80M |
| Interest Income | $6M |
| Interest Expense | $23M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | -$88M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | -$112M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$112M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$112M |
| D&A | $45M |
| EBIT | -$66M |
| EBITDA | -$21M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$112M |
| Depreciation & Amortization | $45M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$16M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $397M |
| OPERATING CASH FLOW | $318M |
| Capital Expenditure | -$28M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$26M |
| Net Debt Issuance | -$134M |
| Common Stock Repurchased | -$38M |
| Common Dividends Paid | -$71M |
| Other Financing Activities | -$53M |
| NET CASH FROM FINANCING | -$276M |
| FREE CASH FLOW | $290M |
| Net Change in Cash | $18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.6B |
| Short-Term Investments | $0 |
| Net Receivables | $613M |
| Inventory | $517M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.0B |
| PP&E (Net) | $262M |
| Goodwill | $574M |
| Intangible Assets | $211M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $660M |
| TOTAL NON-CURRENT ASSETS | $1.7B |
| TOTAL ASSETS | $4.7B |
| Account Payables | $256M |
| Short-Term Debt | $22M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $853M |
| Long-Term Debt | $1.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $611M |
| TOTAL NON-CURRENT LIABILITIES | $2.3B |
| TOTAL LIABILITIES | $3.2B |
| Common Stock | $105M |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $4.1B |
| Treasury Stock | -$3.4B |
| Accum. Other Comp. Income | -$292M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $4.7B |
| Total Debt | $1.7B |
| Net Debt | $117M |
