| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.3B | $2.2B | $3.7B | 3.4% | -38.1% |
| Op. Income | -$7.9B | $84M | $323M | -9486.9% | -2544.0% |
| Gross Margin | 35.9% | 35.2% | 34.5% | 0.7pp | 1.4pp |
| Net Margin | -312.3% | 6.0% | 6.4% | -318.3pp | -318.7pp |
| EPS (Diluted) | $-15.10 | $0.27 | $0.48 | -5692.6% | -3245.8% |
| Free Cash Flow | $499M | -$95M | $81M | 627.3% | 514.3% |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $1.5B |
| GROSS PROFIT | $817M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $576M |
| SG&A Expenses | $576M |
| Other Expenses | -$4M |
| Operating Expenses | $576M |
| Cost & Expenses | $2.0B |
| OPERATING INCOME | -$7.9B |
| Interest Income | $0 |
| Interest Expense | $106M |
| Other Income/Expenses | -$178M |
| INCOME BEFORE TAX | -$8.0B |
| Income Tax Expense | -$1.2B |
| Net Income from Continuing Ops | -$6.7B |
| Net Income from Discontinued Ops | -$586M |
| Other Adjustments | $0 |
| NET INCOME | -$7.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$7.3B |
| D&A | $83M |
| EBIT | $311M |
| EBITDA | $394M |
| EPS | -$15 |
| EPS Diluted | -$15 |
| Item | Amount |
|---|---|
| Net Income | -$7.1B |
| Depreciation & Amortization | $83M |
| Stock-Based Compensation | $20M |
| Deferred Income Tax | -$1.2B |
| Other Non-Cash Items | $8.6B |
| Change in Working Capital | $200M |
| OPERATING CASH FLOW | $572M |
| Capital Expenditure | -$73M |
| Acquisitions (Net) | $109M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $62M |
| NET CASH FROM INVESTING | $99M |
| Net Debt Issuance | -$886M |
| Common Stock Repurchased | -$493M |
| Common Dividends Paid | -$107M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$1.5B |
| FREE CASH FLOW | $499M |
| Net Change in Cash | -$836M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.4B |
| Short-Term Investments | $0 |
| Net Receivables | $2.0B |
| Inventory | $1.9B |
| Other Current Assets | $6.9B |
| TOTAL CURRENT ASSETS | $12.3B |
| PP&E (Net) | $917M |
| Goodwill | $3.0B |
| Intangible Assets | $5.8B |
| Long-Term Investments | $0 |
| Tax Assets | $207M |
| Other Non-Current Assets | $322M |
| TOTAL NON-CURRENT ASSETS | $10.2B |
| TOTAL ASSETS | $22.5B |
| Account Payables | $1.2B |
| Short-Term Debt | $316M |
| Deferred Revenue | $1.4B |
| Other Current Liabilities | $1.3B |
| TOTAL CURRENT LIABILITIES | $4.3B |
| Long-Term Debt | $9.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.3B |
| Other Non-Current Liabilities | $1.4B |
| TOTAL NON-CURRENT LIABILITIES | $12.0B |
| TOTAL LIABILITIES | $16.3B |
| Common Stock | $490M |
| Additional Paid-In Capital | $9.8B |
| Retained Earnings | -$2.7B |
| Treasury Stock | -$585M |
| Accum. Other Comp. Income | -$1.0B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.2B |
| Minority Interest | $33M |
| TOTAL EQUITY | $6.2B |
| TOTAL LIABILITIES & EQUITY | $22.5B |
| Total Debt | $9.6B |
| Net Debt | $8.2B |
