| Metric | Q3 2016 | Q2 2016 | Q3 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.5B | $3.5B | $3.4B | 1.3% | 3.9% |
| Op. Income | $246M | $237M | $154M | 3.9% | 60.2% |
| Gross Margin | 13.4% | 13.1% | 11.3% | 0.3pp | 2.0pp |
| Net Margin | 4.1% | 3.9% | 2.4% | 0.1pp | 1.6pp |
| EPS (Diluted) | $0.38 | $0.36 | $0.22 | 5.6% | 72.7% |
| Free Cash Flow | $204M | $126M | -$67M | 61.6% | 403.7% |
| Item | Amount |
|---|---|
| REVENUE | $3.5B |
| Cost of Revenue | $3.1B |
| GROSS PROFIT | $473M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $234M |
| Other Expenses | -$8M |
| Operating Expenses | $226M |
| Cost & Expenses | $3.3B |
| OPERATING INCOME | $246M |
| Interest Income | $0 |
| Interest Expense | $32M |
| Other Income/Expenses | -$32M |
| INCOME BEFORE TAX | $214M |
| Income Tax Expense | $71M |
| Net Income from Continuing Ops | $144M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $144M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $144M |
| D&A | $62M |
| EBIT | $246M |
| EBITDA | $308M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $3.5B |
| Cost of Revenue | $3.1B |
| GROSS PROFIT | $473M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $234M |
| Other Expenses | -$8M |
| Operating Expenses | $226M |
| Cost & Expenses | $3.3B |
| OPERATING INCOME | $246M |
| Interest Income | $0 |
| Interest Expense | $32M |
| Other Income/Expenses | -$32M |
| INCOME BEFORE TAX | $214M |
| Income Tax Expense | $71M |
| Net Income from Continuing Ops | $144M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $144M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $144M |
| D&A | $62M |
| EBIT | $246M |
| EBITDA | $308M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $144M |
| Depreciation & Amortization | $62M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$8M |
| Change in Working Capital | $118M |
| OPERATING CASH FLOW | $317M |
| Capital Expenditure | -$114M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$9M |
| NET CASH FROM INVESTING | -$123M |
| Net Debt Issuance | $3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$40M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$37M |
| FREE CASH FLOW | $204M |
| Net Change in Cash | $158M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $278M |
| Short-Term Investments | $0 |
| Net Receivables | $852M |
| Inventory | $2.3B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.6B |
| PP&E (Net) | $3.0B |
| Goodwill | $1.6B |
| Intangible Assets | $1.4B |
| Long-Term Investments | $142M |
| Tax Assets | $0 |
| Other Non-Current Assets | $171M |
| TOTAL NON-CURRENT ASSETS | $6.3B |
| TOTAL ASSETS | $9.8B |
| Account Payables | $520M |
| Short-Term Debt | $769M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2.1B |
| Long-Term Debt | $1.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.1B |
| TOTAL NON-CURRENT LIABILITIES | $2.7B |
| TOTAL LIABILITIES | $4.8B |
| Common Stock | $0 |
| Additional Paid-In Capital | $4.2B |
| Retained Earnings | $1.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$276M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.0B |
| Minority Interest | $59M |
| TOTAL EQUITY | $5.0B |
| TOTAL LIABILITIES & EQUITY | $9.8B |
| Total Debt | $2.3B |
| Net Debt | $2.0B |
