| Metric | Q4 2010 | Q3 2010 | Q4 2009 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.2B | $3.0B | $2.9B | 6.2% | 10.5% |
| Op. Income | $373M | $278M | $97M | 34.0% | 286.2% |
| Gross Margin | 14.3% | 14.4% | 9.9% | -0.1pp | 4.5pp |
| Net Margin | 6.4% | 4.8% | 1.3% | 1.6pp | 5.1pp |
| EPS (Diluted) | $1.21 | $0.86 | $0.22 | 40.7% | 450.0% |
| Free Cash Flow | $109M | $98M | -$23M | 11.7% | 578.1% |
| Item | Amount |
|---|---|
| REVENUE | $3.2B |
| Cost of Revenue | $2.7B |
| GROSS PROFIT | $457M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $220M |
| Other Expenses | -$136M |
| Operating Expenses | $85M |
| Cost & Expenses | $2.8B |
| OPERATING INCOME | $373M |
| Interest Income | $0 |
| Interest Expense | $60M |
| Other Income/Expenses | -$74M |
| INCOME BEFORE TAX | $298M |
| Income Tax Expense | $96M |
| Net Income from Continuing Ops | $203M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $203M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $203M |
| D&A | $57M |
| EBIT | $359M |
| EBITDA | $416M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $3.2B |
| Cost of Revenue | $2.7B |
| GROSS PROFIT | $457M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $220M |
| Other Expenses | -$136M |
| Operating Expenses | $85M |
| Cost & Expenses | $2.8B |
| OPERATING INCOME | $373M |
| Interest Income | $0 |
| Interest Expense | $60M |
| Other Income/Expenses | -$74M |
| INCOME BEFORE TAX | $298M |
| Income Tax Expense | $96M |
| Net Income from Continuing Ops | $203M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $203M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $203M |
| D&A | $57M |
| EBIT | $359M |
| EBITDA | $416M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $203M |
| Depreciation & Amortization | $57M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$128M |
| Change in Working Capital | $21M |
| OPERATING CASH FLOW | $153M |
| Capital Expenditure | -$44M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $362M |
| NET CASH FROM INVESTING | $318M |
| Net Debt Issuance | -$321M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$319M |
| FREE CASH FLOW | $109M |
| Net Change in Cash | $149M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $578M |
| Short-Term Investments | $0 |
| Net Receivables | $670M |
| Inventory | $2.0B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.5B |
| PP&E (Net) | $2.2B |
| Goodwill | $780M |
| Intangible Assets | $387M |
| Long-Term Investments | $552M |
| Tax Assets | $0 |
| Other Non-Current Assets | $245M |
| TOTAL NON-CURRENT ASSETS | $4.2B |
| TOTAL ASSETS | $7.7B |
| Account Payables | $385M |
| Short-Term Debt | $563M |
| 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 | $878M |
| TOTAL NON-CURRENT LIABILITIES | $2.8B |
| TOTAL LIABILITIES | $4.4B |
| Common Stock | $83M |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | $2.0B |
| Treasury Stock | -$67M |
| Accum. Other Comp. Income | -$364M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.2B |
| Minority Interest | $4M |
| TOTAL EQUITY | $3.3B |
| TOTAL LIABILITIES & EQUITY | $7.7B |
| Total Debt | $2.5B |
| Net Debt | $1.9B |
