| Metric | Q4 2014 | Q3 2014 | Q4 2013 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.1B | $3.7B | $3.9B | 10.6% | 5.1% |
| Op. Income | $225M | $250M | $111M | -10.1% | 102.2% |
| Gross Margin | 11.2% | 12.3% | 9.0% | -1.1pp | 2.1pp |
| Net Margin | 3.7% | 4.2% | 0.9% | -0.5pp | 2.8pp |
| EPS (Diluted) | $0.40 | $0.41 | $34700.00 | -2.4% | -100.0% |
| Free Cash Flow | $695M | -$11M | $389M | 6421.8% | 78.6% |
| Item | Amount |
|---|---|
| REVENUE | $4.1B |
| Cost of Revenue | $3.6B |
| GROSS PROFIT | $456M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $249M |
| Other Expenses | -$18M |
| Operating Expenses | $232M |
| Cost & Expenses | $3.9B |
| OPERATING INCOME | $225M |
| Interest Income | $0 |
| Interest Expense | $39M |
| Other Income/Expenses | -$39M |
| INCOME BEFORE TAX | $186M |
| Income Tax Expense | $33M |
| Net Income from Continuing Ops | $153M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $153M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $153M |
| D&A | $59M |
| EBIT | $225M |
| EBITDA | $283M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $4.1B |
| Cost of Revenue | $3.6B |
| GROSS PROFIT | $456M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $249M |
| Other Expenses | -$18M |
| Operating Expenses | $232M |
| Cost & Expenses | $3.9B |
| OPERATING INCOME | $225M |
| Interest Income | $0 |
| Interest Expense | $39M |
| Other Income/Expenses | -$39M |
| INCOME BEFORE TAX | $186M |
| Income Tax Expense | $33M |
| Net Income from Continuing Ops | $153M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $153M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $153M |
| D&A | $59M |
| EBIT | $225M |
| EBITDA | $283M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $153M |
| Depreciation & Amortization | $59M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$73M |
| Change in Working Capital | $670M |
| OPERATING CASH FLOW | $809M |
| Capital Expenditure | -$114M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$112M |
| Net Debt Issuance | -$323M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $300.0K |
| NET CASH FROM FINANCING | -$322M |
| FREE CASH FLOW | $695M |
| Net Change in Cash | $375M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $434M |
| Short-Term Investments | $0 |
| Net Receivables | $864M |
| Inventory | $2.2B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.7B |
| PP&E (Net) | $2.8B |
| Goodwill | $1.6B |
| Intangible Assets | $1.4B |
| Long-Term Investments | $498M |
| Tax Assets | $0 |
| Other Non-Current Assets | $124M |
| TOTAL NON-CURRENT ASSETS | $6.4B |
| TOTAL ASSETS | $10.1B |
| Account Payables | $675M |
| Short-Term Debt | $48M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $440M |
| TOTAL CURRENT LIABILITIES | $1.5B |
| Long-Term Debt | $2.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $698M |
| Other Non-Current Liabilities | $697M |
| TOTAL NON-CURRENT LIABILITIES | $4.1B |
| TOTAL LIABILITIES | $5.5B |
| Common Stock | $0 |
| Additional Paid-In Capital | $4.2B |
| Retained Earnings | $591M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$219M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.5B |
| Minority Interest | $51M |
| TOTAL EQUITY | $4.6B |
| TOTAL LIABILITIES & EQUITY | $10.1B |
| Total Debt | $2.7B |
| Net Debt | $2.3B |
