| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $828M | $844M | — | -1.9% | — |
| Op. Income | -$24M | -$98M | — | 75.3% | — |
| Gross Margin | 59.9% | 58.3% | — | 1.6pp | — |
| Net Margin | -5.8% | -10.9% | — | 5.1pp | — |
| EPS (Diluted) | $-0.53 | $-1.03 | — | 48.5% | — |
| Free Cash Flow | $116M | $81M | — | 42.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $828M |
| Cost of Revenue | $332M |
| GROSS PROFIT | $496M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $421M |
| SG&A Expenses | $421M |
| Other Expenses | $99M |
| Operating Expenses | $520M |
| Cost & Expenses | $852M |
| OPERATING INCOME | -$24M |
| Interest Income | $0 |
| Interest Expense | $39M |
| Other Income/Expenses | -$38M |
| INCOME BEFORE TAX | -$62M |
| Income Tax Expense | -$14M |
| Net Income from Continuing Ops | -$48M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$48M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$48M |
| D&A | $69M |
| EBIT | -$23M |
| EBITDA | $45M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$48M |
| Depreciation & Amortization | $69M |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | -$21M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $132M |
| OPERATING CASH FLOW | $150M |
| Capital Expenditure | -$34M |
| Acquisitions (Net) | -$12M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$46M |
| Net Debt Issuance | -$80M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | -$80M |
| FREE CASH FLOW | $116M |
| Net Change in Cash | $41M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $630M |
| Short-Term Investments | $0 |
| Net Receivables | $874M |
| Inventory | $0 |
| Other Current Assets | $143M |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $216M |
| Goodwill | $3.1B |
| Intangible Assets | $1.6B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $274M |
| TOTAL NON-CURRENT ASSETS | $5.2B |
| TOTAL ASSETS | $7.0B |
| Account Payables | $550M |
| Short-Term Debt | $420M |
| Deferred Revenue | $1.5B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2.5B |
| Long-Term Debt | $2.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $744M |
| TOTAL NON-CURRENT LIABILITIES | $3.7B |
| TOTAL LIABILITIES | $6.1B |
| Common Stock | $82.0K |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | $1.5B |
| Treasury Stock | -$2.4B |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $863M |
| Minority Interest | $0 |
| TOTAL EQUITY | $863M |
| TOTAL LIABILITIES & EQUITY | $7.0B |
| Total Debt | $3.3B |
| Net Debt | $2.7B |
