| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $708M | — | $736M | — | -3.7% |
| Op. Income | -$277M | — | -$126M | — | -120.2% |
| Gross Margin | 30.9% | — | 37.9% | — | -7.0pp |
| Net Margin | -43.9% | — | -15.4% | — | -28.5pp |
| EPS (Diluted) | $-0.90 | — | $-0.33 | — | -172.7% |
| Free Cash Flow | -$321M | — | -$380M | — | 15.5% |
| Item | Amount |
|---|---|
| REVENUE | $708M |
| Cost of Revenue | $489M |
| GROSS PROFIT | $219M |
| R&D Expenses | $0 |
| Selling & Marketing | $71M |
| General & Administrative | $425M |
| SG&A Expenses | $495M |
| Other Expenses | $0 |
| Operating Expenses | $495M |
| Cost & Expenses | $985M |
| OPERATING INCOME | -$277M |
| Interest Income | $3M |
| Interest Expense | $41M |
| Other Income/Expenses | -$37M |
| INCOME BEFORE TAX | -$314M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | -$311M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$311M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$311M |
| D&A | $69M |
| EBIT | -$273M |
| EBITDA | -$204M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$311M |
| Depreciation & Amortization | $69M |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $83M |
| Change in Working Capital | -$128M |
| OPERATING CASH FLOW | -$274M |
| Capital Expenditure | -$47M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $23M |
| Other Investing Activities | -$7M |
| NET CASH FROM INVESTING | -$31M |
| Net Debt Issuance | -$250M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$248M |
| FREE CASH FLOW | -$321M |
| Net Change in Cash | -$552M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $527M |
| Short-Term Investments | $0 |
| Net Receivables | $676M |
| Inventory | $678M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.2B |
| PP&E (Net) | $757M |
| Goodwill | $1.4B |
| Intangible Assets | $635M |
| Long-Term Investments | -$2.1B |
| Tax Assets | $79M |
| Other Non-Current Assets | $2.3B |
| TOTAL NON-CURRENT ASSETS | $3.1B |
| TOTAL ASSETS | $5.3B |
| Account Payables | $398M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $38M |
| TOTAL CURRENT LIABILITIES | $987M |
| Long-Term Debt | $2.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $463M |
| TOTAL NON-CURRENT LIABILITIES | $3.3B |
| TOTAL LIABILITIES | $4.3B |
| Common Stock | $441M |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | $1.8B |
| Treasury Stock | -$2.4B |
| Accum. Other Comp. Income | -$739M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $983M |
| Minority Interest | $0 |
| TOTAL EQUITY | $983M |
| TOTAL LIABILITIES & EQUITY | $5.3B |
| Total Debt | $2.9B |
| Net Debt | $2.3B |
