| Metric | Q1 2013 | Q4 2012 | Q1 2012 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.3B | $3.6B | $3.2B | -7.3% | 3.5% |
| Op. Income | $73M | $136M | $154M | -46.5% | -52.7% |
| Gross Margin | 8.5% | 9.2% | 10.7% | -0.7pp | -2.2pp |
| Net Margin | 0.9% | 2.3% | 2.5% | -1.4pp | -1.6pp |
| EPS (Diluted) | $0.21 | $0.58 | $0.00 | -63.8% | Infinity% |
| Free Cash Flow | $35M | $178M | $265M | -80.6% | -87.0% |
| Item | Amount |
|---|---|
| REVENUE | $3.3B |
| Cost of Revenue | $3.0B |
| GROSS PROFIT | $281M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $210M |
| Other Expenses | -$1M |
| Operating Expenses | $209M |
| Cost & Expenses | $3.2B |
| OPERATING INCOME | $73M |
| Interest Income | $0 |
| Interest Expense | $44M |
| Other Income/Expenses | -$44M |
| INCOME BEFORE TAX | $29M |
| Income Tax Expense | -$900.0K |
| Net Income from Continuing Ops | $30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $30M |
| D&A | $64M |
| EBIT | $73M |
| EBITDA | $137M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $3.3B |
| Cost of Revenue | $3.0B |
| GROSS PROFIT | $281M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $210M |
| Other Expenses | -$1M |
| Operating Expenses | $209M |
| Cost & Expenses | $3.2B |
| OPERATING INCOME | $73M |
| Interest Income | $0 |
| Interest Expense | $44M |
| Other Income/Expenses | -$44M |
| INCOME BEFORE TAX | $29M |
| Income Tax Expense | -$900.0K |
| Net Income from Continuing Ops | $30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $30M |
| D&A | $64M |
| EBIT | $73M |
| EBITDA | $137M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $30M |
| Depreciation & Amortization | $64M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $23M |
| OPERATING CASH FLOW | $118M |
| Capital Expenditure | -$83M |
| Acquisitions (Net) | -$900.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$86M |
| Net Debt Issuance | $140M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$900.0K |
| NET CASH FROM FINANCING | $142M |
| FREE CASH FLOW | $35M |
| Net Change in Cash | $172M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $311M |
| Short-Term Investments | $0 |
| Net Receivables | $663M |
| Inventory | $2.3B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.6B |
| PP&E (Net) | $2.3B |
| Goodwill | $782M |
| Intangible Assets | $390M |
| Long-Term Investments | $532M |
| Tax Assets | $0 |
| Other Non-Current Assets | $161M |
| TOTAL NON-CURRENT ASSETS | $4.2B |
| TOTAL ASSETS | $7.7B |
| Account Payables | $429M |
| Short-Term Debt | $676M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $518M |
| TOTAL CURRENT LIABILITIES | $1.7B |
| Long-Term Debt | $1.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $206M |
| Other Non-Current Liabilities | $825M |
| TOTAL NON-CURRENT LIABILITIES | $2.9B |
| TOTAL LIABILITIES | $4.6B |
| Common Stock | $70M |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | $2.3B |
| Treasury Stock | -$69M |
| Accum. Other Comp. Income | -$616M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.1B |
| Minority Interest | $13M |
| TOTAL EQUITY | $3.1B |
| TOTAL LIABILITIES & EQUITY | $7.7B |
| Total Debt | $2.5B |
| Net Debt | $2.2B |
