| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $326M | $329M | $336M | -1.0% | -3.0% |
| Op. Income | -$35M | -$13M | -$99M | -163.6% | 65.0% |
| Gross Margin | 33.7% | 30.5% | 11.3% | 3.2pp | 22.4pp |
| Net Margin | -10.0% | -3.2% | -33.1% | -6.9pp | 23.1pp |
| EPS (Diluted) | $-3.90 | $-1.20 | $-13.50 | -225.0% | 71.1% |
| Free Cash Flow | $83M | $118M | $117M | -29.8% | -29.1% |
| Item | Amount |
|---|---|
| REVENUE | $326M |
| Cost of Revenue | $216M |
| GROSS PROFIT | $110M |
| R&D Expenses | $27M |
| Selling & Marketing | $0 |
| General & Administrative | $87M |
| SG&A Expenses | $87M |
| Other Expenses | $30M |
| Operating Expenses | $144M |
| Cost & Expenses | $360M |
| OPERATING INCOME | -$35M |
| Interest Income | $4M |
| Interest Expense | $84M |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | -$30M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$33M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$33M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$33M |
| D&A | $7M |
| EBIT | -$35M |
| EBITDA | -$27M |
| EPS | -$4 |
| EPS Diluted | -$4 |
| Item | Amount |
|---|---|
| Net Income | -$33M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$19M |
| Change in Working Capital | $132M |
| OPERATING CASH FLOW | $89M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$347M |
| Sales/Maturities of Investments | $80M |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$275M |
| Net Debt Issuance | $202M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$904.0K |
| NET CASH FROM FINANCING | $201M |
| FREE CASH FLOW | $83M |
| Net Change in Cash | $15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $268M |
| Short-Term Investments | $0 |
| Net Receivables | $4.5B |
| Inventory | $0 |
| Other Current Assets | $43M |
| TOTAL CURRENT ASSETS | $6.5B |
| PP&E (Net) | $61M |
| Goodwill | $0 |
| Intangible Assets | $1.0B |
| Long-Term Investments | $15M |
| Tax Assets | $0 |
| Other Non-Current Assets | $296M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $7.9B |
| Account Payables | $36M |
| Short-Term Debt | $437M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $686M |
| Long-Term Debt | $6.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $587M |
| TOTAL NON-CURRENT LIABILITIES | $6.6B |
| TOTAL LIABILITIES | $7.2B |
| Common Stock | $1M |
| Additional Paid-In Capital | $528M |
| Retained Earnings | $93M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $621M |
| Minority Interest | $2M |
| TOTAL EQUITY | $623M |
| TOTAL LIABILITIES & EQUITY | $7.9B |
| Total Debt | $6.4B |
| Net Debt | $6.1B |
