| Metric | Q2 2014 | Q1 2014 | Q2 2013 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.8B | $3.4B | $3.4B | 11.5% | 12.4% |
| Op. Income | $260M | $196M | $97M | 32.5% | 167.4% |
| Gross Margin | 12.3% | 11.6% | 9.0% | 0.7pp | 3.3pp |
| Net Margin | 3.7% | 3.1% | 1.2% | 0.7pp | 2.6pp |
| EPS (Diluted) | $0.38 | $105300.00 | $0.54 | -100.0% | -29.6% |
| Free Cash Flow | $238M | -$410M | -$63M | 157.9% | 475.2% |
| Item | Amount |
|---|---|
| REVENUE | $3.8B |
| Cost of Revenue | $3.3B |
| GROSS PROFIT | $469M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $219M |
| Other Expenses | -$11M |
| Operating Expenses | $208M |
| Cost & Expenses | $3.6B |
| OPERATING INCOME | $260M |
| Interest Income | $0 |
| Interest Expense | $40M |
| Other Income/Expenses | -$40M |
| INCOME BEFORE TAX | $220M |
| Income Tax Expense | $77M |
| Net Income from Continuing Ops | $143M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $143M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $143M |
| D&A | $57M |
| EBIT | $260M |
| EBITDA | $317M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $3.8B |
| Cost of Revenue | $3.3B |
| GROSS PROFIT | $469M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $219M |
| Other Expenses | -$11M |
| Operating Expenses | $208M |
| Cost & Expenses | $3.6B |
| OPERATING INCOME | $260M |
| Interest Income | $0 |
| Interest Expense | $40M |
| Other Income/Expenses | -$40M |
| INCOME BEFORE TAX | $220M |
| Income Tax Expense | $77M |
| Net Income from Continuing Ops | $143M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $143M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $143M |
| D&A | $57M |
| EBIT | $260M |
| EBITDA | $317M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $143M |
| Depreciation & Amortization | $57M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$11M |
| Change in Working Capital | $116M |
| OPERATING CASH FLOW | $305M |
| Capital Expenditure | -$68M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $600.0K |
| NET CASH FROM INVESTING | -$67M |
| Net Debt Issuance | -$83M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$136M |
| NET CASH FROM FINANCING | -$219M |
| FREE CASH FLOW | $238M |
| Net Change in Cash | $20M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $109M |
| Short-Term Investments | $0 |
| Net Receivables | $871M |
| Inventory | $2.3B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.5B |
| PP&E (Net) | $2.7B |
| Goodwill | $1.6B |
| Intangible Assets | $1.4B |
| Long-Term Investments | $523M |
| Tax Assets | $0 |
| Other Non-Current Assets | $159M |
| TOTAL NON-CURRENT ASSETS | $6.4B |
| TOTAL ASSETS | $9.9B |
| Account Payables | $454M |
| Short-Term Debt | $85M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $3.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.3B |
| TOTAL NON-CURRENT LIABILITIES | $4.3B |
| TOTAL LIABILITIES | $5.5B |
| Common Stock | $0 |
| Additional Paid-In Capital | $4.2B |
| Retained Earnings | $283M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$60M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.4B |
| Minority Interest | $49M |
| TOTAL EQUITY | $4.4B |
| TOTAL LIABILITIES & EQUITY | $9.9B |
| Total Debt | $3.1B |
| Net Debt | $3.0B |
