| Metric | Q2 2016 | Q1 2016 | Q2 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $379M | $336M | — | 12.8% | — |
| Op. Income | -$97M | -$99M | — | 1.6% | — |
| Gross Margin | 26.3% | 11.3% | — | 14.9pp | — |
| Net Margin | -23.1% | -33.1% | — | 10.1pp | — |
| EPS (Diluted) | $-10.65 | $-13.50 | — | 21.1% | — |
| Free Cash Flow | $26M | $117M | — | -78.1% | — |
| Item | Amount |
|---|---|
| REVENUE | $379M |
| Cost of Revenue | $279M |
| GROSS PROFIT | $100M |
| R&D Expenses | $33M |
| Selling & Marketing | $0 |
| General & Administrative | $175M |
| SG&A Expenses | $175M |
| Other Expenses | -$11M |
| Operating Expenses | $197M |
| Cost & Expenses | $476M |
| OPERATING INCOME | -$97M |
| Interest Income | $5M |
| Interest Expense | $91M |
| Other Income/Expenses | $606.0K |
| INCOME BEFORE TAX | -$96M |
| Income Tax Expense | -$9M |
| Net Income from Continuing Ops | -$87M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$87M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$87M |
| D&A | $15M |
| EBIT | -$97M |
| EBITDA | -$82M |
| EPS | -$11 |
| EPS Diluted | -$11 |
| Item | Amount |
|---|---|
| Net Income | -$87M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$15M |
| Change in Working Capital | $117M |
| OPERATING CASH FLOW | $31M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$372M |
| Sales/Maturities of Investments | $152M |
| Other Investing Activities | $24M |
| NET CASH FROM INVESTING | -$194M |
| Net Debt Issuance | $101M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$8.0K |
| NET CASH FROM FINANCING | $101M |
| FREE CASH FLOW | $26M |
| Net Change in Cash | -$62M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $219M |
| Short-Term Investments | $0 |
| Net Receivables | $3.8B |
| Inventory | $0 |
| Other Current Assets | $59M |
| TOTAL CURRENT ASSETS | $6.1B |
| PP&E (Net) | $63M |
| Goodwill | $0 |
| Intangible Assets | $1.0B |
| Long-Term Investments | $9M |
| Tax Assets | $0 |
| Other Non-Current Assets | $304M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $7.5B |
| Account Payables | $0 |
| Short-Term Debt | $386M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $386M |
| Long-Term Debt | $5.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.3B |
| TOTAL NON-CURRENT LIABILITIES | $6.4B |
| TOTAL LIABILITIES | $6.8B |
| Common Stock | $1M |
| Additional Paid-In Capital | $524M |
| Retained Earnings | $127M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $651M |
| Minority Interest | $2M |
| TOTAL EQUITY | $653M |
| TOTAL LIABILITIES & EQUITY | $7.5B |
| Total Debt | $5.5B |
| Net Debt | $5.3B |
