| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.3B | $1.3B | 13.9% | 14.9% |
| Op. Income | $170M | $172M | $108M | -1.3% | 57.0% |
| Gross Margin | 27.3% | 27.5% | 26.9% | -0.2pp | 0.4pp |
| Net Margin | 1.0% | -4.7% | -2.9% | 5.7pp | 3.9pp |
| EPS (Diluted) | $0.21 | $-0.88 | $-0.53 | 123.9% | 139.6% |
| Free Cash Flow | $113M | $174M | $95M | -34.9% | 19.7% |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $395M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $225M |
| Other Expenses | -$400.0K |
| Operating Expenses | $225M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $170M |
| Interest Income | $0 |
| Interest Expense | $85M |
| Other Income/Expenses | -$147M |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $90M |
| EBIT | $107M |
| EBITDA | $197M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $395M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $225M |
| Other Expenses | -$400.0K |
| Operating Expenses | $225M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $170M |
| Interest Income | $0 |
| Interest Expense | $85M |
| Other Income/Expenses | -$147M |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $90M |
| EBIT | $107M |
| EBITDA | $197M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $14M |
| Depreciation & Amortization | $90M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$32M |
| Other Non-Cash Items | $42M |
| Change in Working Capital | $58M |
| OPERATING CASH FLOW | $179M |
| Capital Expenditure | -$65M |
| Acquisitions (Net) | -$1.8B |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1.9B |
| Net Debt Issuance | $737M |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $35M |
| NET CASH FROM FINANCING | $765M |
| FREE CASH FLOW | $113M |
| Net Change in Cash | $1.5B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.5B |
| Short-Term Investments | $0 |
| Net Receivables | $481M |
| Inventory | $574M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $2.6B |
| PP&E (Net) | $1.7B |
| Goodwill | $4.0B |
| Intangible Assets | $3.4B |
| Long-Term Investments | -$906M |
| Tax Assets | $906M |
| Other Non-Current Assets | $184M |
| TOTAL NON-CURRENT ASSETS | $9.3B |
| TOTAL ASSETS | $11.9B |
| Account Payables | $336M |
| Short-Term Debt | $22M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $256M |
| TOTAL CURRENT LIABILITIES | $704M |
| Long-Term Debt | $7.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $906M |
| Other Non-Current Liabilities | $328M |
| TOTAL NON-CURRENT LIABILITIES | $8.4B |
| TOTAL LIABILITIES | $9.1B |
| Common Stock | $700.0K |
| Additional Paid-In Capital | $3.6B |
| Retained Earnings | -$376M |
| Treasury Stock | -$371M |
| Accum. Other Comp. Income | -$40M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.8B |
| Minority Interest | $10M |
| TOTAL EQUITY | $2.8B |
| TOTAL LIABILITIES & EQUITY | $11.9B |
| Total Debt | $7.2B |
| Net Debt | $5.6B |
