| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $394M | — | $544M | — | -27.5% |
| Op. Income | $19M | — | $82M | — | -77.3% |
| Gross Margin | 16.1% | — | 22.0% | — | -5.9pp |
| Net Margin | -5.2% | — | -8.3% | — | 3.1pp |
| EPS (Diluted) | $-0.21 | — | $-0.53 | — | 60.4% |
| Free Cash Flow | -$135M | — | -$157M | — | 14.0% |
| Item | Amount |
|---|---|
| REVENUE | $394M |
| Cost of Revenue | $331M |
| GROSS PROFIT | $63M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $24M |
| SG&A Expenses | $24M |
| Other Expenses | $21M |
| Operating Expenses | $45M |
| Cost & Expenses | $376M |
| OPERATING INCOME | $19M |
| Interest Income | $2M |
| Interest Expense | $55M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$6M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | -$10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$21M |
| D&A | $67M |
| EBIT | $49M |
| EBITDA | $116M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$21M |
| Depreciation & Amortization | $67M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | -$6M |
| Change in Working Capital | -$12M |
| OPERATING CASH FLOW | $33M |
| Capital Expenditure | -$168M |
| Acquisitions (Net) | $10M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$156M |
| Net Debt Issuance | $73M |
| Common Stock Repurchased | $286M |
| Common Dividends Paid | -$6M |
| Other Financing Activities | $83M |
| NET CASH FROM FINANCING | $150M |
| FREE CASH FLOW | -$135M |
| Net Change in Cash | $27M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $489M |
| Short-Term Investments | $11M |
| Net Receivables | $144M |
| Inventory | $0 |
| Other Current Assets | $139M |
| TOTAL CURRENT ASSETS | $832M |
| PP&E (Net) | $5.3B |
| Goodwill | $44M |
| Intangible Assets | $89M |
| Long-Term Investments | $1.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $308M |
| TOTAL NON-CURRENT ASSETS | $7.3B |
| TOTAL ASSETS | $8.2B |
| Account Payables | $12M |
| Short-Term Debt | $678M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $64M |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $2.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $173M |
| TOTAL NON-CURRENT LIABILITIES | $4.0B |
| TOTAL LIABILITIES | $5.2B |
| Common Stock | $1.0B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$160M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $886M |
| Minority Interest | $2.1B |
| TOTAL EQUITY | $3.0B |
| TOTAL LIABILITIES & EQUITY | $8.2B |
| Total Debt | $4.6B |
| Net Debt | $4.2B |
