| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7.5B | $8.3B | $8.8B | -9.6% | -14.3% |
| Op. Income | $209M | $355M | $183M | -41.1% | 14.2% |
| Gross Margin | 11.8% | 14.3% | 10.8% | -2.5pp | 0.9pp |
| Net Margin | 0.9% | 1.3% | -6.3% | -0.4pp | 7.3pp |
| EPS (Diluted) | $0.02 | $0.04 | $-0.20 | -42.9% | 112.1% |
| Free Cash Flow | -$214M | $624M | -$387M | -134.3% | 44.7% |
| Item | Amount |
|---|---|
| REVENUE | $7.5B |
| Cost of Revenue | $6.6B |
| GROSS PROFIT | $881M |
| R&D Expenses | $0 |
| Selling & Marketing | $413M |
| General & Administrative | $264M |
| SG&A Expenses | $677M |
| Other Expenses | -$4M |
| Operating Expenses | $672M |
| Cost & Expenses | $7.3B |
| OPERATING INCOME | $209M |
| Interest Income | $0 |
| Interest Expense | $167M |
| Other Income/Expenses | -$82M |
| INCOME BEFORE TAX | $128M |
| Income Tax Expense | $45M |
| Net Income from Continuing Ops | $83M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $70M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $70M |
| D&A | $211M |
| EBIT | $209M |
| EBITDA | $420M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $7.5B |
| Cost of Revenue | $6.6B |
| GROSS PROFIT | $881M |
| R&D Expenses | $0 |
| Selling & Marketing | $413M |
| General & Administrative | $264M |
| SG&A Expenses | $677M |
| Other Expenses | -$4M |
| Operating Expenses | $672M |
| Cost & Expenses | $7.3B |
| OPERATING INCOME | $209M |
| Interest Income | $0 |
| Interest Expense | $167M |
| Other Income/Expenses | -$82M |
| INCOME BEFORE TAX | $128M |
| Income Tax Expense | $45M |
| Net Income from Continuing Ops | $83M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $70M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $70M |
| D&A | $211M |
| EBIT | $209M |
| EBITDA | $420M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $70M |
| Depreciation & Amortization | $211M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$213M |
| Change in Working Capital | -$135M |
| OPERATING CASH FLOW | -$57M |
| Capital Expenditure | -$157M |
| Acquisitions (Net) | -$224M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $34M |
| NET CASH FROM INVESTING | -$347M |
| Net Debt Issuance | $684M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | $688M |
| FREE CASH FLOW | -$214M |
| Net Change in Cash | $277M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.1B |
| Short-Term Investments | $0 |
| Net Receivables | $1.6B |
| Inventory | $2.6B |
| Other Current Assets | $539M |
| TOTAL CURRENT ASSETS | $6.9B |
| PP&E (Net) | $6.9B |
| Goodwill | $4.4B |
| Intangible Assets | $1.0B |
| Long-Term Investments | $73M |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.5B |
| TOTAL NON-CURRENT ASSETS | $13.9B |
| TOTAL ASSETS | $20.8B |
| Account Payables | $1.9B |
| Short-Term Debt | $3.6B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $340M |
| TOTAL CURRENT LIABILITIES | $6.3B |
| Long-Term Debt | $8.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.3B |
| TOTAL NON-CURRENT LIABILITIES | $9.4B |
| TOTAL LIABILITIES | $15.7B |
| Common Stock | $4.7B |
| Additional Paid-In Capital | $42M |
| Retained Earnings | $774M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$675M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.8B |
| Minority Interest | $233M |
| TOTAL EQUITY | $5.1B |
| TOTAL LIABILITIES & EQUITY | $20.8B |
| Total Debt | $11.7B |
| Net Debt | $9.5B |
