| Metric | FY 2011 | Prior Q | FY 2010 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $968M | — | $997M | — | -2.9% |
| Op. Income | $221M | — | $219M | — | 1.2% |
| Gross Margin | 47.5% | — | 43.4% | — | 4.1pp |
| Net Margin | -37.3% | — | 9.2% | — | -46.5pp |
| EPS (Diluted) | $-10.50 | — | $2.67 | — | -493.3% |
| Free Cash Flow | $129M | — | $111M | — | 15.8% |
| Item | Amount |
|---|---|
| REVENUE | $968M |
| Cost of Revenue | $509M |
| GROSS PROFIT | $460M |
| R&D Expenses | $8M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $229M |
| Other Expenses | -$2M |
| Operating Expenses | $238M |
| Cost & Expenses | $747M |
| OPERATING INCOME | $221M |
| Interest Income | $0 |
| Interest Expense | $52M |
| Other Income/Expenses | -$589M |
| INCOME BEFORE TAX | -$368M |
| Income Tax Expense | -$6M |
| Net Income from Continuing Ops | -$361M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$361M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$361M |
| D&A | $59M |
| EBIT | -$316M |
| EBITDA | -$257M |
| EPS | -$11 |
| EPS Diluted | -$11 |
| Item | Amount |
|---|---|
| Net Income | -$361M |
| Depreciation & Amortization | $59M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$69M |
| Other Non-Cash Items | $507M |
| Change in Working Capital | $9M |
| OPERATING CASH FLOW | $144M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$15M |
| Net Debt Issuance | $60M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$192M |
| NET CASH FROM FINANCING | -$132M |
| FREE CASH FLOW | $129M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $59M |
| Inventory | $67M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $135M |
| PP&E (Net) | $412M |
| Goodwill | $1.4B |
| Intangible Assets | $749M |
| Long-Term Investments | $60M |
| Tax Assets | $0 |
| Other Non-Current Assets | $800.0K |
| TOTAL NON-CURRENT ASSETS | $2.7B |
| TOTAL ASSETS | $2.8B |
| Account Payables | $20M |
| Short-Term Debt | $68M |
| Deferred Revenue | $8M |
| Other Current Liabilities | $20M |
| TOTAL CURRENT LIABILITIES | $134M |
| Long-Term Debt | $717M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $333M |
| Other Non-Current Liabilities | $105M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $0 |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $177M |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $2.8B |
| Total Debt | $785M |
| Net Debt | $783M |
