| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.6B | $2.9B | — | -45.0% | — |
| Op. Income | $139M | $1.2B | — | -88.6% | — |
| Gross Margin | 23.7% | 51.3% | — | -27.6pp | — |
| Net Margin | 7.0% | 37.3% | — | -30.3pp | — |
| EPS (Diluted) | $0.18 | $1.69 | — | -89.6% | — |
| Free Cash Flow | -$383M | -$102M | — | -274.6% | — |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $373M |
| R&D Expenses | $0 |
| Selling & Marketing | $90M |
| General & Administrative | $0 |
| SG&A Expenses | $90M |
| Other Expenses | $143M |
| Operating Expenses | $234M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $139M |
| Interest Income | $0 |
| Interest Expense | $15M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $124M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $111M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $111M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $111M |
| D&A | $144M |
| EBIT | $139M |
| EBITDA | $283M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $373M |
| R&D Expenses | $0 |
| Selling & Marketing | $90M |
| General & Administrative | $0 |
| SG&A Expenses | $90M |
| Other Expenses | $143M |
| Operating Expenses | $234M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $139M |
| Interest Income | $0 |
| Interest Expense | $15M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $124M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $111M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $111M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $111M |
| D&A | $144M |
| EBIT | $139M |
| EBITDA | $283M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $111M |
| Depreciation & Amortization | $144M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $13M |
| Other Non-Cash Items | $13M |
| Change in Working Capital | -$213M |
| OPERATING CASH FLOW | $63M |
| Capital Expenditure | -$446M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $9M |
| NET CASH FROM INVESTING | $9M |
| Net Debt Issuance | -$120M |
| Common Stock Repurchased | -$365M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$484M |
| FREE CASH FLOW | -$383M |
| Net Change in Cash | -$412M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $718M |
| Short-Term Investments | $3.0B |
| Net Receivables | $60M |
| Inventory | $4M |
| Other Current Assets | $846M |
| TOTAL CURRENT ASSETS | $4.6B |
| PP&E (Net) | $8.0B |
| Goodwill | $0 |
| Intangible Assets | $55M |
| Long-Term Investments | $10M |
| Tax Assets | -$10M |
| Other Non-Current Assets | $63M |
| TOTAL NON-CURRENT ASSETS | $8.2B |
| TOTAL ASSETS | $12.8B |
| Account Payables | $231M |
| Short-Term Debt | $466M |
| Deferred Revenue | $1.7B |
| Other Current Liabilities | $135M |
| TOTAL CURRENT LIABILITIES | $2.4B |
| Long-Term Debt | $3.9B |
| Deferred Revenue NC | $20M |
| Deferred Tax Liabilities | $590M |
| Other Non-Current Liabilities | $771M |
| TOTAL NON-CURRENT LIABILITIES | $4.7B |
| TOTAL LIABILITIES | $7.1B |
| Common Stock | $9M |
| Additional Paid-In Capital | $842M |
| Retained Earnings | $4.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $573M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.7B |
| TOTAL LIABILITIES & EQUITY | $12.8B |
| Total Debt | $4.4B |
| Net Debt | $3.7B |
