| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.9B | $2.8B | $5.2B | 5.6% | -43.8% |
| Op. Income | $222M | $209M | $903M | 6.1% | -75.5% |
| Gross Margin | 73.2% | 74.6% | 77.4% | -1.4pp | -4.2pp |
| Net Margin | -27.0% | -24.3% | -4.8% | -2.7pp | -22.2pp |
| EPS (Diluted) | $-0.69 | $-0.76 | $-0.23 | 9.2% | -200.0% |
| Free Cash Flow | $1.1B | $1.6B | $707M | -35.6% | 49.9% |
| Item | Amount |
|---|---|
| REVENUE | $2.9B |
| Cost of Revenue | $785M |
| GROSS PROFIT | $2.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $466M |
| Other Expenses | $1.5B |
| Operating Expenses | $1.9B |
| Cost & Expenses | $2.7B |
| OPERATING INCOME | $222M |
| Interest Income | $0 |
| Interest Expense | $360M |
| Other Income/Expenses | -$722M |
| INCOME BEFORE TAX | -$500M |
| Income Tax Expense | $62M |
| Net Income from Continuing Ops | -$562M |
| Net Income from Discontinued Ops | -$217M |
| Other Adjustments | $0 |
| NET INCOME | -$792M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$575M |
| D&A | $954M |
| EBIT | $282M |
| EBITDA | $1.2B |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$792M |
| Depreciation & Amortization | $969M |
| Stock-Based Compensation | $22M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1.2B |
| Change in Working Capital | -$45M |
| OPERATING CASH FLOW | $1.3B |
| Capital Expenditure | -$263M |
| Acquisitions (Net) | -$1M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$397M |
| NET CASH FROM INVESTING | -$661M |
| Net Debt Issuance | -$358M |
| Common Stock Repurchased | -$495M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$92M |
| NET CASH FROM FINANCING | -$945M |
| FREE CASH FLOW | $1.1B |
| Net Change in Cash | -$197M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.1B |
| Short-Term Investments | $328M |
| Net Receivables | $2.0B |
| Inventory | $0 |
| Other Current Assets | $518M |
| TOTAL CURRENT ASSETS | $3.9B |
| PP&E (Net) | $23.6B |
| Goodwill | $24.9B |
| Intangible Assets | $3.9B |
| Long-Term Investments | $7.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $5.7B |
| TOTAL NON-CURRENT ASSETS | $65.3B |
| TOTAL ASSETS | $70.5B |
| Account Payables | $1.3B |
| Short-Term Debt | $4.5B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.5B |
| TOTAL CURRENT LIABILITIES | $9.6B |
| Long-Term Debt | $43.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2.6B |
| TOTAL NON-CURRENT LIABILITIES | $47.6B |
| TOTAL LIABILITIES | $58.5B |
| Common Stock | $10M |
| Additional Paid-In Capital | $15.0B |
| Retained Earnings | -$5.2B |
| Treasury Stock | -$100.0K |
| Accum. Other Comp. Income | $1.3B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $11.0B |
| Minority Interest | $972M |
| TOTAL EQUITY | $12.0B |
| TOTAL LIABILITIES & EQUITY | $70.5B |
| Total Debt | $49.5B |
| Net Debt | $47.4B |
