| Metric | Q3 2015 | Q2 2015 | Q3 2014 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.4B | $3.5B | $3.7B | -2.3% | -8.0% |
| Op. Income | $154M | $186M | $250M | -17.4% | -38.5% |
| Gross Margin | 11.3% | 12.0% | 12.3% | -0.7pp | -1.0pp |
| Net Margin | 2.4% | 3.0% | 4.2% | -0.5pp | -1.7pp |
| EPS (Diluted) | $0.22 | $0.27 | $0.41 | -18.5% | -46.3% |
| Free Cash Flow | -$67M | -$13M | -$11M | -400.0% | -509.1% |
| Item | Amount |
|---|---|
| REVENUE | $3.4B |
| Cost of Revenue | $3.0B |
| GROSS PROFIT | $385M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $238M |
| Other Expenses | -$7M |
| Operating Expenses | $231M |
| Cost & Expenses | $3.3B |
| OPERATING INCOME | $154M |
| Interest Income | $0 |
| Interest Expense | $32M |
| Other Income/Expenses | -$32M |
| INCOME BEFORE TAX | $121M |
| Income Tax Expense | $38M |
| Net Income from Continuing Ops | $83M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $83M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $83M |
| D&A | $59M |
| EBIT | $154M |
| EBITDA | $212M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $3.4B |
| Cost of Revenue | $3.0B |
| GROSS PROFIT | $385M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $238M |
| Other Expenses | -$7M |
| Operating Expenses | $231M |
| Cost & Expenses | $3.3B |
| OPERATING INCOME | $154M |
| Interest Income | $0 |
| Interest Expense | $32M |
| Other Income/Expenses | -$32M |
| INCOME BEFORE TAX | $121M |
| Income Tax Expense | $38M |
| Net Income from Continuing Ops | $83M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $83M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $83M |
| D&A | $59M |
| EBIT | $154M |
| EBITDA | $212M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $83M |
| Depreciation & Amortization | $59M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$7M |
| Change in Working Capital | -$111M |
| OPERATING CASH FLOW | $28M |
| Capital Expenditure | -$95M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$23M |
| NET CASH FROM INVESTING | -$118M |
| Net Debt Issuance | $10M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $10M |
| FREE CASH FLOW | -$67M |
| Net Change in Cash | -$80M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $115M |
| Short-Term Investments | $0 |
| Net Receivables | $826M |
| Inventory | $2.3B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.4B |
| PP&E (Net) | $2.8B |
| Goodwill | $1.6B |
| Intangible Assets | $1.4B |
| Long-Term Investments | $140M |
| Tax Assets | $0 |
| Other Non-Current Assets | $118M |
| TOTAL NON-CURRENT ASSETS | $6.1B |
| TOTAL ASSETS | $9.5B |
| Account Payables | $495M |
| Short-Term Debt | $22M |
| 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 | $1.2B |
| TOTAL NON-CURRENT LIABILITIES | $3.5B |
| TOTAL LIABILITIES | $4.7B |
| Common Stock | $0 |
| Additional Paid-In Capital | $4.2B |
| Retained Earnings | $845M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$262M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.8B |
| Minority Interest | $53M |
| TOTAL EQUITY | $4.8B |
| TOTAL LIABILITIES & EQUITY | $9.5B |
| Total Debt | $2.3B |
| Net Debt | $2.2B |
