| Metric | Q2 2013 | Q1 2013 | Q2 2012 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.4B | $3.3B | $3.1B | 2.2% | 9.8% |
| Op. Income | $97M | $73M | $132M | 33.5% | -26.2% |
| Gross Margin | 9.0% | 8.5% | 10.7% | 0.5pp | -1.8pp |
| Net Margin | 1.2% | 0.9% | 2.0% | 0.3pp | -0.8pp |
| EPS (Diluted) | $0.54 | $0.21 | $0.40 | 157.1% | 35.0% |
| Free Cash Flow | -$63M | $35M | $6M | -282.9% | -1137.7% |
| Item | Amount |
|---|---|
| REVENUE | $3.4B |
| Cost of Revenue | $3.1B |
| GROSS PROFIT | $304M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $205M |
| Other Expenses | $2M |
| Operating Expenses | $207M |
| Cost & Expenses | $3.3B |
| OPERATING INCOME | $97M |
| Interest Income | $0 |
| Interest Expense | $42M |
| Other Income/Expenses | -$42M |
| INCOME BEFORE TAX | $56M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $40M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $40M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $40M |
| D&A | $63M |
| EBIT | $97M |
| EBITDA | $160M |
| EPS | $0 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $3.4B |
| Cost of Revenue | $3.1B |
| GROSS PROFIT | $304M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $205M |
| Other Expenses | $2M |
| Operating Expenses | $207M |
| Cost & Expenses | $3.3B |
| OPERATING INCOME | $97M |
| Interest Income | $0 |
| Interest Expense | $42M |
| Other Income/Expenses | -$42M |
| INCOME BEFORE TAX | $56M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $40M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $40M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $40M |
| D&A | $63M |
| EBIT | $97M |
| EBITDA | $160M |
| EPS | $0 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $40M |
| Depreciation & Amortization | $63M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $20M |
| Change in Working Capital | -$109M |
| OPERATING CASH FLOW | $13M |
| Capital Expenditure | -$76M |
| Acquisitions (Net) | -$33M |
| Purchases of Investments | -$10M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$123M |
| Net Debt Issuance | -$8M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$8M |
| FREE CASH FLOW | -$63M |
| Net Change in Cash | -$118M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $193M |
| Short-Term Investments | $0 |
| Net Receivables | $768M |
| Inventory | $2.4B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.5B |
| PP&E (Net) | $2.3B |
| Goodwill | $826M |
| Intangible Assets | $390M |
| Long-Term Investments | $534M |
| Tax Assets | $0 |
| Other Non-Current Assets | $170M |
| TOTAL NON-CURRENT ASSETS | $4.3B |
| TOTAL ASSETS | $7.7B |
| Account Payables | $469M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $2.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.0B |
| TOTAL NON-CURRENT LIABILITIES | $3.3B |
| TOTAL LIABILITIES | $4.5B |
| Common Stock | $70M |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | $2.4B |
| Treasury Stock | -$69M |
| Accum. Other Comp. Income | -$630M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.1B |
| Minority Interest | $49M |
| TOTAL EQUITY | $3.2B |
| TOTAL LIABILITIES & EQUITY | $7.7B |
| Total Debt | $2.5B |
| Net Debt | $2.3B |
