| Metric | Q2 2017 | Q1 2017 | Q2 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $513M | $491M | $599M | 4.5% | -14.4% |
| Op. Income | -$1M | -$1M | $87M | 0.0% | -101.1% |
| Gross Margin | 47.2% | 45.6% | 51.8% | 1.6pp | -4.6pp |
| Net Margin | -0.8% | -0.4% | 10.7% | -0.4pp | -11.5pp |
| EPS (Diluted) | $-0.03 | $-0.02 | $0.49 | -104.6% | -106.4% |
| Free Cash Flow | $45M | $230M | $72M | -80.4% | -37.5% |
| Item | Amount |
|---|---|
| REVENUE | $513M |
| Cost of Revenue | $271M |
| GROSS PROFIT | $242M |
| R&D Expenses | $78M |
| Selling & Marketing | $0 |
| General & Administrative | $165M |
| SG&A Expenses | $165M |
| Other Expenses | -$2M |
| Operating Expenses | $243M |
| Cost & Expenses | $514M |
| OPERATING INCOME | -$1M |
| Interest Income | $3M |
| Interest Expense | $4M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $34M |
| EBIT | $1M |
| EBITDA | $35M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $34M |
| Stock-Based Compensation | $19M |
| Deferred Income Tax | -$12M |
| Other Non-Cash Items | $0 |
| Change in Working Capital | $24M |
| OPERATING CASH FLOW | $61M |
| Capital Expenditure | -$16M |
| Acquisitions (Net) | -$18M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$34M |
| Net Debt Issuance | -$7M |
| Common Stock Repurchased | -$108M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $5M |
| NET CASH FROM FINANCING | -$110M |
| FREE CASH FLOW | $45M |
| Net Change in Cash | -$79M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $0 |
| Net Receivables | $356M |
| Inventory | $42M |
| Other Current Assets | $65M |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $143M |
| Goodwill | $401M |
| Intangible Assets | $171M |
| Long-Term Investments | $0 |
| Tax Assets | $51M |
| Other Non-Current Assets | $24M |
| TOTAL NON-CURRENT ASSETS | $790M |
| TOTAL ASSETS | $2.3B |
| Account Payables | $97M |
| Short-Term Debt | $45M |
| Deferred Revenue | $431M |
| Other Current Liabilities | $90M |
| TOTAL CURRENT LIABILITIES | $792M |
| Long-Term Debt | $508M |
| Deferred Revenue NC | $10M |
| Deferred Tax Liabilities | $14M |
| Other Non-Current Liabilities | $142M |
| TOTAL NON-CURRENT LIABILITIES | $674M |
| TOTAL LIABILITIES | $1.5B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | -$318M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$77M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $872M |
| Minority Interest | $0 |
| TOTAL EQUITY | $872M |
| TOTAL LIABILITIES & EQUITY | $2.3B |
| Total Debt | $553M |
| Net Debt | -$532M |
