| Metric | Q2 2012 | Q1 2012 | Q2 2011 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $517M | — | $560M | — | -7.7% |
| Op. Income | $85M | — | $135M | — | -37.2% |
| Gross Margin | 17.6% | — | 25.0% | — | -7.5pp |
| Net Margin | 17.9% | — | 14.8% | — | 3.1pp |
| EPS (Diluted) | $0.62 | — | $0.28 | — | 122.4% |
| Free Cash Flow | $8M | — | $113M | — | -93.2% |
| Item | Amount |
|---|---|
| REVENUE | $517M |
| Cost of Revenue | $426M |
| GROSS PROFIT | $91M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | -$10M |
| Operating Expenses | -$8M |
| Cost & Expenses | $432M |
| OPERATING INCOME | $85M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $72M |
| Income Tax Expense | -$17M |
| Net Income from Continuing Ops | $93M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $93M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $93M |
| D&A | -$6M |
| EBIT | $76M |
| EBITDA | $79M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $517M |
| Cost of Revenue | $426M |
| GROSS PROFIT | $91M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | -$10M |
| Operating Expenses | -$8M |
| Cost & Expenses | $432M |
| OPERATING INCOME | $85M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $72M |
| Income Tax Expense | -$17M |
| Net Income from Continuing Ops | $93M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $93M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $93M |
| D&A | -$6M |
| EBIT | $76M |
| EBITDA | $79M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $93M |
| Depreciation & Amortization | $78M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$17M |
| Other Non-Cash Items | -$37M |
| Change in Working Capital | -$20M |
| OPERATING CASH FLOW | $105M |
| Capital Expenditure | -$97M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$767.3K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $767.3K |
| NET CASH FROM INVESTING | -$767.3K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$24M |
| Other Financing Activities | -$133M |
| NET CASH FROM FINANCING | -$158M |
| FREE CASH FLOW | $8M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $0 |
| Net Receivables | $15M |
| Inventory | $5M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $28M |
| PP&E (Net) | $264M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $3M |
| Tax Assets | $0 |
| Other Non-Current Assets | $20M |
| TOTAL NON-CURRENT ASSETS | $287M |
| TOTAL ASSETS | $315M |
| Account Payables | $7M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $277M |
| TOTAL CURRENT LIABILITIES | $284M |
| Long-Term Debt | $63M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $71M |
| Other Non-Current Liabilities | $21M |
| TOTAL NON-CURRENT LIABILITIES | $155M |
| TOTAL LIABILITIES | $438M |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$185M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $61M |
| TOTAL STOCKHOLDERS' EQUITY | -$123M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$123M |
| TOTAL LIABILITIES & EQUITY | $315M |
| Total Debt | $63M |
| Net Debt | $59M |
