| Metric | Q3 2016 | Q2 2016 | Q3 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $641M | $627M | — | 2.2% | — |
| Op. Income | -$33M | $3M | — | -1376.9% | — |
| Gross Margin | 8.2% | 14.3% | — | -6.1pp | — |
| Net Margin | -2.5% | 0.6% | — | -3.2pp | — |
| EPS (Diluted) | $-0.32 | $0.08 | — | -500.0% | — |
| Free Cash Flow | $49M | $37M | — | 31.3% | — |
| Item | Amount |
|---|---|
| REVENUE | $641M |
| Cost of Revenue | $588M |
| GROSS PROFIT | $52M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $51M |
| SG&A Expenses | $51M |
| Other Expenses | $34M |
| Operating Expenses | $86M |
| Cost & Expenses | $674M |
| OPERATING INCOME | -$33M |
| Interest Income | $0 |
| Interest Expense | $22M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$33M |
| Income Tax Expense | -$15M |
| Net Income from Continuing Ops | -$18M |
| Net Income from Discontinued Ops | $2M |
| Other Adjustments | $0 |
| NET INCOME | -$16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$16M |
| D&A | $5M |
| EBIT | -$11M |
| EBITDA | -$7M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$16M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $61M |
| OPERATING CASH FLOW | $54M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $2M |
| Purchases of Investments | -$237M |
| Sales/Maturities of Investments | $214M |
| Other Investing Activities | -$6M |
| NET CASH FROM INVESTING | -$31M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$12M |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$11M |
| FREE CASH FLOW | $49M |
| Net Change in Cash | $11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $171M |
| Short-Term Investments | $5.5B |
| Net Receivables | $198M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $693M |
| PP&E (Net) | $0 |
| Goodwill | $323M |
| Intangible Assets | $328M |
| Long-Term Investments | $6.2B |
| Tax Assets | $29M |
| Other Non-Current Assets | -$6.2B |
| TOTAL NON-CURRENT ASSETS | $352M |
| TOTAL ASSETS | $8.4B |
| Account Payables | $0 |
| Short-Term Debt | $360M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$821M |
| TOTAL CURRENT LIABILITIES | $33M |
| Long-Term Debt | $392M |
| Deferred Revenue NC | -$781M |
| Deferred Tax Liabilities | $30M |
| Other Non-Current Liabilities | $997M |
| TOTAL NON-CURRENT LIABILITIES | $6.3B |
| TOTAL LIABILITIES | $6.3B |
| Common Stock | $5M |
| Additional Paid-In Capital | $657M |
| Retained Earnings | $1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $256M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $8.4B |
| Total Debt | $751M |
| Net Debt | $580M |
