| Metric | Q2 2017 | Q1 2017 | Q2 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $317M | $326M | $379M | -2.9% | -16.5% |
| Op. Income | -$45M | -$35M | -$97M | -30.4% | 53.6% |
| Gross Margin | 34.6% | 33.7% | 26.3% | 0.8pp | 8.3pp |
| Net Margin | -14.1% | -10.0% | -23.1% | -4.0pp | 9.0pp |
| EPS (Diluted) | $-5.40 | $-3.90 | $-10.65 | -38.5% | 49.3% |
| Free Cash Flow | $191M | $83M | $26M | 130.7% | 646.0% |
| Item | Amount |
|---|---|
| REVENUE | $317M |
| Cost of Revenue | $207M |
| GROSS PROFIT | $109M |
| R&D Expenses | $24M |
| Selling & Marketing | $0 |
| General & Administrative | $106M |
| SG&A Expenses | $106M |
| Other Expenses | $24M |
| Operating Expenses | $154M |
| Cost & Expenses | $362M |
| OPERATING INCOME | -$45M |
| Interest Income | $4M |
| Interest Expense | $81M |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | -$42M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | -$44M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$45M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$45M |
| D&A | $6M |
| EBIT | -$45M |
| EBITDA | -$39M |
| EPS | -$5 |
| EPS Diluted | -$5 |
| Item | Amount |
|---|---|
| Net Income | -$45M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $74M |
| Change in Working Capital | $156M |
| OPERATING CASH FLOW | $193M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$351M |
| Sales/Maturities of Investments | $112M |
| Other Investing Activities | -$9.0K |
| NET CASH FROM INVESTING | -$241M |
| Net Debt Issuance | $31M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | $29M |
| FREE CASH FLOW | $191M |
| Net Change in Cash | -$19M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $251M |
| Short-Term Investments | $0 |
| Net Receivables | $4.7B |
| Inventory | $0 |
| Other Current Assets | $41M |
| TOTAL CURRENT ASSETS | $6.6B |
| PP&E (Net) | $56M |
| Goodwill | $0 |
| Intangible Assets | $975M |
| Long-Term Investments | $15M |
| Tax Assets | $0 |
| Other Non-Current Assets | $276M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $7.9B |
| Account Payables | $20M |
| Short-Term Debt | $346M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $629M |
| Long-Term Debt | $6.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $566M |
| TOTAL NON-CURRENT LIABILITIES | $6.7B |
| TOTAL LIABILITIES | $7.4B |
| Common Stock | $1M |
| Additional Paid-In Capital | $529M |
| Retained Earnings | $49M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $578M |
| Minority Interest | $2M |
| TOTAL EQUITY | $580M |
| TOTAL LIABILITIES & EQUITY | $7.9B |
| Total Debt | $6.5B |
| Net Debt | $6.3B |
