| Metric | Q1 2010 | Q4 2009 | Q1 2009 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.9B | $2.9B | $2.9B | 0.9% | 2.1% |
| Op. Income | $39M | $97M | -$139M | -59.3% | 128.3% |
| Gross Margin | 6.1% | 9.9% | 4.0% | -3.7pp | 2.1pp |
| Net Margin | -0.2% | 1.3% | -2.8% | -1.5pp | 2.6pp |
| EPS (Diluted) | $-0.03 | $0.22 | $-0.55 | -113.0% | 94.9% |
| Free Cash Flow | $69M | -$23M | $170M | 404.4% | -59.1% |
| Item | Amount |
|---|---|
| REVENUE | $2.9B |
| Cost of Revenue | $2.7B |
| GROSS PROFIT | $179M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $148M |
| Other Expenses | -$8M |
| Operating Expenses | $140M |
| Cost & Expenses | $2.9B |
| OPERATING INCOME | $39M |
| Interest Income | $0 |
| Interest Expense | $68M |
| Other Income/Expenses | -$68M |
| INCOME BEFORE TAX | -$28M |
| Income Tax Expense | -$24M |
| Net Income from Continuing Ops | -$5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$5M |
| D&A | $64M |
| EBIT | $39M |
| EBITDA | $103M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $64M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $38M |
| Change in Working Capital | $19M |
| OPERATING CASH FLOW | $116M |
| Capital Expenditure | -$46M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$43M |
| Net Debt Issuance | -$22M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $37M |
| NET CASH FROM FINANCING | -$21M |
| FREE CASH FLOW | $69M |
| Net Change in Cash | $50M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $451M |
| Short-Term Investments | $0 |
| Net Receivables | $622M |
| Inventory | $1.9B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.3B |
| PP&E (Net) | $2.4B |
| Goodwill | $823M |
| Intangible Assets | $390M |
| Long-Term Investments | $625M |
| Tax Assets | $0 |
| Other Non-Current Assets | $192M |
| TOTAL NON-CURRENT ASSETS | $4.4B |
| TOTAL ASSETS | $7.7B |
| Account Payables | $384M |
| Short-Term Debt | $90M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $648M |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $2.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $838M |
| TOTAL NON-CURRENT LIABILITIES | $3.8B |
| TOTAL LIABILITIES | $4.9B |
| Common Stock | $83M |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | $1.5B |
| Treasury Stock | -$66M |
| Accum. Other Comp. Income | -$428M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.8B |
| Minority Interest | $5M |
| TOTAL EQUITY | $2.8B |
| TOTAL LIABILITIES & EQUITY | $7.7B |
| Total Debt | $3.0B |
| Net Debt | $2.6B |
