| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.0B | $2.7B | $2.0B | -26.1% | -2.4% |
| Op. Income | $271M | $404M | $261M | -32.9% | 3.8% |
| Gross Margin | 36.7% | 35.1% | 36.4% | 1.6pp | 0.3pp |
| Net Margin | 6.3% | 8.0% | 6.2% | -1.7pp | 0.1pp |
| EPS (Diluted) | $0.00 | $0.00 | $0.00 | NaN% | NaN% |
| Free Cash Flow | $440M | $290M | $241M | 51.7% | 82.6% |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $722M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $294M |
| Other Expenses | $0 |
| Operating Expenses | $455M |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $271M |
| Interest Income | $0 |
| Interest Expense | $55M |
| Other Income/Expenses | -$59M |
| INCOME BEFORE TAX | $212M |
| Income Tax Expense | $77M |
| Net Income from Continuing Ops | $135M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $124M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $124M |
| D&A | $133M |
| EBIT | $271M |
| EBITDA | $271M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $722M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $294M |
| Other Expenses | $0 |
| Operating Expenses | $455M |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $271M |
| Interest Income | $0 |
| Interest Expense | $55M |
| Other Income/Expenses | -$59M |
| INCOME BEFORE TAX | $212M |
| Income Tax Expense | $77M |
| Net Income from Continuing Ops | $135M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $124M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $124M |
| D&A | $133M |
| EBIT | $271M |
| EBITDA | $271M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $124M |
| Depreciation & Amortization | $133M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$22M |
| Other Non-Cash Items | -$43M |
| Change in Working Capital | $237M |
| OPERATING CASH FLOW | $457M |
| Capital Expenditure | -$17M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$21M |
| Net Debt Issuance | -$196M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$183M |
| Other Financing Activities | -$26M |
| NET CASH FROM FINANCING | -$405M |
| FREE CASH FLOW | $440M |
| Net Change in Cash | $50M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $324M |
| Short-Term Investments | $0 |
| Net Receivables | $918M |
| Inventory | $1.0B |
| Other Current Assets | $10M |
| TOTAL CURRENT ASSETS | $2.3B |
| PP&E (Net) | $1.0B |
| Goodwill | $5.0B |
| Intangible Assets | $2.8B |
| Long-Term Investments | $2M |
| Tax Assets | -$63M |
| Other Non-Current Assets | $132M |
| TOTAL NON-CURRENT ASSETS | $8.9B |
| TOTAL ASSETS | $11.2B |
| Account Payables | $627M |
| Short-Term Debt | $0 |
| Deferred Revenue | -$12M |
| Other Current Liabilities | $507M |
| TOTAL CURRENT LIABILITIES | $1.4B |
| Long-Term Debt | $4.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $910M |
| TOTAL NON-CURRENT LIABILITIES | $6.0B |
| TOTAL LIABILITIES | $7.4B |
| Common Stock | $0 |
| Additional Paid-In Capital | $6.9B |
| Retained Earnings | -$2.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$203M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.8B |
| Minority Interest | $95M |
| TOTAL EQUITY | $3.9B |
| TOTAL LIABILITIES & EQUITY | $11.2B |
| Total Debt | $5.1B |
| Net Debt | $4.8B |
