| Metric | Q2 2016 | Q1 2016 | Q2 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.7B | $2.2B | — | -21.2% | — |
| Op. Income | -$270M | -$189M | — | -42.9% | — |
| Gross Margin | 2.0% | 11.1% | — | -9.1pp | — |
| Net Margin | -12.6% | -5.4% | — | -7.2pp | — |
| EPS (Diluted) | $-0.58 | $-0.32 | — | -81.2% | — |
| Free Cash Flow | $51M | $537M | — | -90.5% | — |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $1.7B |
| GROSS PROFIT | $35M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $305M |
| Other Expenses | $0 |
| Operating Expenses | $305M |
| Cost & Expenses | $2.0B |
| OPERATING INCOME | -$270M |
| Interest Income | $3M |
| Interest Expense | $30M |
| Other Income/Expenses | -$68M |
| INCOME BEFORE TAX | -$338M |
| Income Tax Expense | -$121M |
| Net Income from Continuing Ops | -$217M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$217M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$217M |
| D&A | $178M |
| EBIT | -$308M |
| EBITDA | -$130M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$217M |
| Depreciation & Amortization | $178M |
| Stock-Based Compensation | $21M |
| Deferred Income Tax | -$153M |
| Other Non-Cash Items | $112M |
| Change in Working Capital | $195M |
| OPERATING CASH FLOW | $128M |
| Capital Expenditure | -$77M |
| Acquisitions (Net) | -$15M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$91M |
| Net Debt Issuance | -$101M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$19M |
| Other Financing Activities | -$9M |
| NET CASH FROM FINANCING | -$129M |
| FREE CASH FLOW | $51M |
| Net Change in Cash | -$98M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.7B |
| Short-Term Investments | $0 |
| Net Receivables | $2.8B |
| Inventory | $4.3B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $9.2B |
| PP&E (Net) | $3.3B |
| Goodwill | $7.0B |
| Intangible Assets | $3.7B |
| Long-Term Investments | $314M |
| Tax Assets | $147M |
| Other Non-Current Assets | $147M |
| TOTAL NON-CURRENT ASSETS | $14.6B |
| TOTAL ASSETS | $23.8B |
| Account Payables | $434M |
| Short-Term Debt | $12M |
| Deferred Revenue | $653M |
| Other Current Liabilities | $386M |
| TOTAL CURRENT LIABILITIES | $2.9B |
| Long-Term Debt | $3.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.1B |
| Other Non-Current Liabilities | $280M |
| TOTAL NON-CURRENT LIABILITIES | $4.7B |
| TOTAL LIABILITIES | $7.6B |
| Common Stock | $4M |
| Additional Paid-In Capital | $8.0B |
| Retained Earnings | $9.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1.3B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $16.1B |
| Minority Interest | $68M |
| TOTAL EQUITY | $16.2B |
| TOTAL LIABILITIES & EQUITY | $23.8B |
| Total Debt | $3.3B |
| Net Debt | $1.6B |
