| Metric | Q3 2012 | Q2 2012 | Q3 2011 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.2B | $3.1B | $3.3B | 4.4% | -2.6% |
| Op. Income | $178M | $132M | $225M | 35.3% | -20.6% |
| Gross Margin | 11.7% | 10.7% | 12.7% | 1.0pp | -1.0pp |
| Net Margin | 0.3% | 2.0% | 3.6% | -1.7pp | -3.3pp |
| EPS (Diluted) | $0.07 | $0.40 | $0.74 | -81.5% | -90.0% |
| Free Cash Flow | -$324M | $6M | -$79M | -5416.4% | -312.6% |
| Item | Amount |
|---|---|
| REVENUE | $3.2B |
| Cost of Revenue | $2.8B |
| GROSS PROFIT | $377M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $206M |
| Other Expenses | -$7M |
| Operating Expenses | $199M |
| Cost & Expenses | $3.0B |
| OPERATING INCOME | $178M |
| Interest Income | $0 |
| Interest Expense | $42M |
| Other Income/Expenses | -$162M |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $59M |
| EBIT | $58M |
| EBITDA | $117M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $3.2B |
| Cost of Revenue | $2.8B |
| GROSS PROFIT | $377M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $206M |
| Other Expenses | -$7M |
| Operating Expenses | $199M |
| Cost & Expenses | $3.0B |
| OPERATING INCOME | $178M |
| Interest Income | $0 |
| Interest Expense | $42M |
| Other Income/Expenses | -$162M |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $59M |
| EBIT | $58M |
| EBITDA | $117M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $59M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $17M |
| Change in Working Capital | -$345M |
| OPERATING CASH FLOW | -$258M |
| Capital Expenditure | -$67M |
| Acquisitions (Net) | -$23M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$92M |
| Net Debt Issuance | $348M |
| Common Stock Repurchased | -$67M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$18M |
| NET CASH FROM FINANCING | $263M |
| FREE CASH FLOW | -$324M |
| Net Change in Cash | -$85M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $124M |
| Short-Term Investments | $0 |
| Net Receivables | $740M |
| Inventory | $2.5B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.7B |
| PP&E (Net) | $2.3B |
| Goodwill | $780M |
| Intangible Assets | $393M |
| Long-Term Investments | $520M |
| Tax Assets | $0 |
| Other Non-Current Assets | $175M |
| TOTAL NON-CURRENT ASSETS | $4.1B |
| TOTAL ASSETS | $7.8B |
| Account Payables | $516M |
| Short-Term Debt | $499M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.6B |
| Long-Term Debt | $1.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.0B |
| TOTAL NON-CURRENT LIABILITIES | $2.9B |
| TOTAL LIABILITIES | $4.5B |
| Common Stock | $74M |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | $2.3B |
| Treasury Stock | -$67M |
| Accum. Other Comp. Income | -$499M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.3B |
| Minority Interest | $13M |
| TOTAL EQUITY | $3.3B |
| TOTAL LIABILITIES & EQUITY | $7.8B |
| Total Debt | $2.4B |
| Net Debt | $2.2B |
