| Metric | Q1 2014 | Q4 2013 | Q1 2013 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.4B | $3.9B | $3.3B | -12.1% | 3.1% |
| Op. Income | $196M | $111M | $73M | 76.6% | 169.4% |
| Gross Margin | 11.6% | 9.0% | 8.5% | 2.6pp | 3.1pp |
| Net Margin | 3.1% | 0.9% | 0.9% | 2.2pp | 2.2pp |
| EPS (Diluted) | $105300.00 | $34700.00 | $0.21 | 203.5% | 50142757.1% |
| Free Cash Flow | -$410M | $389M | $35M | -205.3% | -1285.5% |
| Item | Amount |
|---|---|
| REVENUE | $3.4B |
| Cost of Revenue | $3.0B |
| GROSS PROFIT | $397M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $215M |
| Other Expenses | -$15M |
| Operating Expenses | $200M |
| Cost & Expenses | $3.2B |
| OPERATING INCOME | $196M |
| Interest Income | $0 |
| Interest Expense | $41M |
| Other Income/Expenses | -$40M |
| INCOME BEFORE TAX | $157M |
| Income Tax Expense | $51M |
| Net Income from Continuing Ops | $105M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $105M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $105M |
| D&A | $57M |
| EBIT | $198M |
| EBITDA | $254M |
| EPS | $105.3K |
| EPS Diluted | $105.3K |
| Item | Amount |
|---|---|
| REVENUE | $3.4B |
| Cost of Revenue | $3.0B |
| GROSS PROFIT | $397M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $215M |
| Other Expenses | -$15M |
| Operating Expenses | $200M |
| Cost & Expenses | $3.2B |
| OPERATING INCOME | $196M |
| Interest Income | $0 |
| Interest Expense | $41M |
| Other Income/Expenses | -$40M |
| INCOME BEFORE TAX | $157M |
| Income Tax Expense | $51M |
| Net Income from Continuing Ops | $105M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $105M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $105M |
| D&A | $57M |
| EBIT | $198M |
| EBITDA | $254M |
| EPS | $105.3K |
| EPS Diluted | $105.3K |
| Item | Amount |
|---|---|
| Net Income | $105M |
| Depreciation & Amortization | $57M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$15M |
| Change in Working Capital | -$526M |
| OPERATING CASH FLOW | -$379M |
| Capital Expenditure | -$31M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | -$27M |
| Net Debt Issuance | $302M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $302M |
| FREE CASH FLOW | -$410M |
| Net Change in Cash | -$104M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $90M |
| Short-Term Investments | $0 |
| Net Receivables | $826M |
| Inventory | $2.4B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.8B |
| PP&E (Net) | $2.7B |
| Goodwill | $1.6B |
| Intangible Assets | $1.4B |
| Long-Term Investments | $514M |
| Tax Assets | $0 |
| Other Non-Current Assets | $153M |
| TOTAL NON-CURRENT ASSETS | $6.4B |
| TOTAL ASSETS | $10.2B |
| Account Payables | $440M |
| Short-Term Debt | $54M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.3B |
| Long-Term Debt | $3.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.3B |
| TOTAL NON-CURRENT LIABILITIES | $4.6B |
| TOTAL LIABILITIES | $5.9B |
| Common Stock | $0 |
| Additional Paid-In Capital | $4.2B |
| Retained Earnings | $140M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$93M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.2B |
| Minority Interest | $49M |
| TOTAL EQUITY | $4.3B |
| TOTAL LIABILITIES & EQUITY | $10.2B |
| Total Debt | $3.3B |
| Net Debt | $3.3B |
