| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $515M | $515M | $524M | 0.0% | -1.7% |
| Op. Income | $109M | $78M | $106M | 39.7% | 2.8% |
| Gross Margin | 56.7% | 50.1% | 52.5% | 6.6pp | 4.2pp |
| Net Margin | 8.2% | 7.8% | 11.6% | 0.4pp | -3.5pp |
| EPS (Diluted) | $0.48 | $0.44 | $0.68 | 9.1% | -29.4% |
| Free Cash Flow | -$67M | $62M | -$74M | -208.1% | 9.5% |
| Item | Amount |
|---|---|
| REVENUE | $515M |
| Cost of Revenue | $223M |
| GROSS PROFIT | $292M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $73M |
| Other Expenses | $110M |
| Operating Expenses | $183M |
| Cost & Expenses | $406M |
| OPERATING INCOME | $109M |
| Interest Income | $0 |
| Interest Expense | $30M |
| Other Income/Expenses | -$27M |
| INCOME BEFORE TAX | $82M |
| Income Tax Expense | $40M |
| Net Income from Continuing Ops | $42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $42M |
| D&A | $88M |
| EBIT | $102M |
| EBITDA | $190M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $515M |
| Cost of Revenue | $223M |
| GROSS PROFIT | $292M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $73M |
| Other Expenses | $110M |
| Operating Expenses | $183M |
| Cost & Expenses | $406M |
| OPERATING INCOME | $109M |
| Interest Income | $0 |
| Interest Expense | $30M |
| Other Income/Expenses | -$27M |
| INCOME BEFORE TAX | $82M |
| Income Tax Expense | $40M |
| Net Income from Continuing Ops | $42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $42M |
| D&A | $88M |
| EBIT | $102M |
| EBITDA | $190M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $42M |
| Depreciation & Amortization | $88M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $35M |
| Other Non-Cash Items | $8M |
| Change in Working Capital | -$95M |
| OPERATING CASH FLOW | $78M |
| Capital Expenditure | -$145M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$6M |
| Sales/Maturities of Investments | $7M |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$145M |
| Net Debt Issuance | $50M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$31M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $17M |
| FREE CASH FLOW | -$67M |
| Net Change in Cash | -$50M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $39M |
| Short-Term Investments | $0 |
| Net Receivables | $274M |
| Inventory | $78M |
| Other Current Assets | $85M |
| TOTAL CURRENT ASSETS | $526M |
| PP&E (Net) | $6.4B |
| Goodwill | $0 |
| Intangible Assets | $311M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $571M |
| TOTAL NON-CURRENT ASSETS | $7.3B |
| TOTAL ASSETS | $7.8B |
| Account Payables | $132M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $213M |
| TOTAL CURRENT LIABILITIES | $432M |
| Long-Term Debt | $2.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $376M |
| Other Non-Current Liabilities | $2.5B |
| TOTAL NON-CURRENT LIABILITIES | $5.0B |
| TOTAL LIABILITIES | $5.4B |
| Common Stock | $1.2B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.4B |
| TOTAL LIABILITIES & EQUITY | $7.8B |
| Total Debt | $2.4B |
| Net Debt | $2.4B |
