| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $406M | $394M | $514M | 2.9% | -21.1% |
| Op. Income | $2M | $19M | $48M | -89.6% | -96.0% |
| Gross Margin | 14.7% | 16.1% | 17.9% | -1.4pp | -3.2pp |
| Net Margin | -7.0% | -5.2% | -15.6% | -1.8pp | 8.6pp |
| EPS (Diluted) | $-0.28 | $-0.21 | $-0.93 | -33.3% | 69.9% |
| Free Cash Flow | -$70M | -$135M | $73M | 48.4% | -195.5% |
| Item | Amount |
|---|---|
| REVENUE | $406M |
| Cost of Revenue | $346M |
| GROSS PROFIT | $60M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $24M |
| SG&A Expenses | $24M |
| Other Expenses | $35M |
| Operating Expenses | $58M |
| Cost & Expenses | $404M |
| OPERATING INCOME | $2M |
| Interest Income | $2M |
| Interest Expense | $60M |
| Other Income/Expenses | -$33M |
| INCOME BEFORE TAX | -$31M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | -$40M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$28M |
| D&A | $68M |
| EBIT | $29M |
| EBITDA | $97M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$28M |
| Depreciation & Amortization | $68M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $9M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $26M |
| OPERATING CASH FLOW | $77M |
| Capital Expenditure | -$147M |
| Acquisitions (Net) | -$8M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$22M |
| NET CASH FROM INVESTING | -$177M |
| Net Debt Issuance | $85M |
| Common Stock Repurchased | $263M |
| Common Dividends Paid | -$6M |
| Other Financing Activities | -$14M |
| NET CASH FROM FINANCING | $65M |
| FREE CASH FLOW | -$70M |
| Net Change in Cash | -$34M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $455M |
| Short-Term Investments | $10M |
| Net Receivables | $171M |
| Inventory | $0 |
| Other Current Assets | $152M |
| TOTAL CURRENT ASSETS | $835M |
| PP&E (Net) | $5.3B |
| Goodwill | $44M |
| Intangible Assets | $85M |
| Long-Term Investments | $1.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $130M |
| TOTAL NON-CURRENT ASSETS | $7.4B |
| TOTAL ASSETS | $8.2B |
| Account Payables | $18M |
| Short-Term Debt | $527M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $65M |
| TOTAL CURRENT LIABILITIES | $1.0B |
| Long-Term Debt | $2.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $171M |
| TOTAL NON-CURRENT LIABILITIES | $4.3B |
| TOTAL LIABILITIES | $5.3B |
| Common Stock | $1.0B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$194M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $856M |
| Minority Interest | $2.1B |
| TOTAL EQUITY | $2.9B |
| TOTAL LIABILITIES & EQUITY | $8.2B |
| Total Debt | $4.7B |
| Net Debt | $4.2B |
