| Metric | Q2 2017 | Q1 2017 | Q2 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $579M | $305M | $194M | 89.8% | 198.7% |
| Op. Income | -$140M | -$93M | -$124M | -51.4% | -12.8% |
| Gross Margin | -11.6% | -26.7% | -57.8% | 15.1pp | 46.2pp |
| Net Margin | -15.9% | -20.8% | -44.3% | 4.9pp | 28.4pp |
| EPS (Diluted) | $-0.46 | $-0.40 | $-0.59 | -15.0% | 22.0% |
| Free Cash Flow | -$109M | -$63M | $38M | -72.6% | -388.2% |
| Item | Amount |
|---|---|
| REVENUE | $579M |
| Cost of Revenue | $647M |
| GROSS PROFIT | -$67M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $23M |
| SG&A Expenses | $23M |
| Other Expenses | $131.0K |
| Operating Expenses | $22M |
| Cost & Expenses | $668M |
| OPERATING INCOME | -$140M |
| Interest Income | $642.0K |
| Interest Expense | $9M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | -$149M |
| Income Tax Expense | -$56M |
| Net Income from Continuing Ops | -$92M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$92M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$92M |
| D&A | $219M |
| EBIT | -$139M |
| EBITDA | $80M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$92M |
| Depreciation & Amortization | $219M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | -$54M |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$77M |
| OPERATING CASH FLOW | $10M |
| Capital Expenditure | -$118M |
| Acquisitions (Net) | -$434M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$425M |
| NET CASH FROM INVESTING | -$543M |
| Net Debt Issuance | $115M |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | -$4M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $107M |
| FREE CASH FLOW | -$109M |
| Net Change in Cash | -$426M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $40M |
| Short-Term Investments | $0 |
| Net Receivables | $437M |
| Inventory | $36M |
| Other Current Assets | $58M |
| TOTAL CURRENT ASSETS | $572M |
| PP&E (Net) | $4.2B |
| Goodwill | $525M |
| Intangible Assets | $16M |
| Long-Term Investments | $0 |
| Tax Assets | $1M |
| Other Non-Current Assets | $46M |
| TOTAL NON-CURRENT ASSETS | $4.8B |
| TOTAL ASSETS | $5.4B |
| Account Payables | $255M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $101M |
| TOTAL CURRENT LIABILITIES | $473M |
| Long-Term Debt | $714M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $589M |
| Other Non-Current Liabilities | $11M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $1.8B |
| Common Stock | $3M |
| Additional Paid-In Capital | $2.6B |
| Retained Earnings | $2.0B |
| Treasury Stock | -$915M |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.6B |
| TOTAL LIABILITIES & EQUITY | $5.4B |
| Total Debt | $714M |
| Net Debt | $673M |
