| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.9B | — | $3.0B | — | 28.8% |
| Op. Income | -$129M | — | -$36M | — | -260.3% |
| Gross Margin | 2.2% | — | 2.2% | — | 0.1pp |
| Net Margin | -4.4% | — | -2.2% | — | -2.2pp |
| EPS (Diluted) | $-1.43 | — | $-0.63 | — | -127.0% |
| Free Cash Flow | -$16M | — | -$146M | — | 89.0% |
| Item | Amount |
|---|---|
| REVENUE | $3.9B |
| Cost of Revenue | $3.8B |
| GROSS PROFIT | $87M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $23M |
| SG&A Expenses | $23M |
| Other Expenses | $16.0K |
| Operating Expenses | $105M |
| Cost & Expenses | $3.9B |
| OPERATING INCOME | -$129M |
| Interest Income | $2M |
| Interest Expense | $50M |
| Other Income/Expenses | -$54M |
| INCOME BEFORE TAX | -$173M |
| Income Tax Expense | $111.0K |
| Net Income from Continuing Ops | -$164M |
| Net Income from Discontinued Ops | -$9M |
| Other Adjustments | $0 |
| NET INCOME | -$173M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$189M |
| D&A | $69M |
| EBIT | -$123M |
| EBITDA | -$57M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$174M |
| Depreciation & Amortization | $69M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $185M |
| Other Non-Cash Items | $6M |
| Change in Working Capital | -$84M |
| OPERATING CASH FLOW | $9M |
| Capital Expenditure | -$25M |
| Acquisitions (Net) | -$37M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$37M |
| NET CASH FROM INVESTING | -$99M |
| Net Debt Issuance | $161M |
| Common Stock Repurchased | -$12M |
| Common Dividends Paid | -$54M |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | $89M |
| FREE CASH FLOW | -$16M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $18M |
| Short-Term Investments | $0 |
| Net Receivables | $845M |
| Inventory | $571M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $1.8B |
| Goodwill | $1.3B |
| Intangible Assets | $1.1B |
| Long-Term Investments | $198M |
| Tax Assets | $39M |
| Other Non-Current Assets | $205M |
| TOTAL NON-CURRENT ASSETS | $4.7B |
| TOTAL ASSETS | $6.2B |
| Account Payables | $640M |
| Short-Term Debt | $42M |
| Deferred Revenue | $80M |
| Other Current Liabilities | $82M |
| TOTAL CURRENT LIABILITIES | $990M |
| Long-Term Debt | $3.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $179M |
| TOTAL NON-CURRENT LIABILITIES | $3.2B |
| TOTAL LIABILITIES | $4.2B |
| Common Stock | $1.8B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$2.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | -$115M |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $7M |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $4.2B |
| Total Debt | $3.0B |
| Net Debt | $3.0B |
