| Metric | Q2 2017 | Q1 2017 | Q2 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $514M | $544M | $588M | -5.4% | -12.5% |
| Op. Income | $48M | $82M | $76M | -40.8% | -36.4% |
| Gross Margin | 17.9% | 22.0% | 29.7% | -4.1pp | -11.7pp |
| Net Margin | -15.6% | -8.3% | -13.2% | -7.3pp | -2.4pp |
| EPS (Diluted) | $-0.93 | $-0.53 | $-1.07 | -75.5% | 13.1% |
| Free Cash Flow | $73M | -$157M | $69M | 146.5% | 6.2% |
| Item | Amount |
|---|---|
| REVENUE | $514M |
| Cost of Revenue | $422M |
| GROSS PROFIT | $92M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $30M |
| SG&A Expenses | $30M |
| Other Expenses | $14M |
| Operating Expenses | $44M |
| Cost & Expenses | $466M |
| OPERATING INCOME | $48M |
| Interest Income | $2M |
| Interest Expense | $74M |
| Other Income/Expenses | -$170M |
| INCOME BEFORE TAX | -$121M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | -$125M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$80M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$80M |
| D&A | $143M |
| EBIT | $1M |
| EBITDA | $144M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$80M |
| Depreciation & Amortization | $143M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $60M |
| Change in Working Capital | $49M |
| OPERATING CASH FLOW | $174M |
| Capital Expenditure | -$101M |
| Acquisitions (Net) | -$18M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $6M |
| NET CASH FROM INVESTING | -$114M |
| Net Debt Issuance | $38M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$5M |
| Other Financing Activities | -$32M |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | $73M |
| Net Change in Cash | $59M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $601M |
| Short-Term Investments | $0 |
| Net Receivables | $226M |
| Inventory | $0 |
| Other Current Assets | $53M |
| TOTAL CURRENT ASSETS | $957M |
| PP&E (Net) | $9.2B |
| Goodwill | $177M |
| Intangible Assets | $82M |
| Long-Term Investments | $1.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $706M |
| TOTAL NON-CURRENT ASSETS | $11.8B |
| TOTAL ASSETS | $12.8B |
| Account Payables | $0 |
| Short-Term Debt | $1.4B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $450M |
| TOTAL CURRENT LIABILITIES | $1.8B |
| Long-Term Debt | $5.8B |
| Deferred Revenue NC | $104M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.1B |
| TOTAL NON-CURRENT LIABILITIES | $7.0B |
| TOTAL LIABILITIES | $8.9B |
| Common Stock | $891M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$76M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $805M |
| Minority Interest | $3.1B |
| TOTAL EQUITY | $3.9B |
| TOTAL LIABILITIES & EQUITY | $12.8B |
| Total Debt | $7.2B |
| Net Debt | $6.6B |
