| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $501M | $514M | $548M | -2.6% | -8.6% |
| Op. Income | -$190M | $48M | $90M | -493.2% | -311.5% |
| Gross Margin | 18.4% | 17.9% | 23.9% | 0.5pp | -5.5pp |
| Net Margin | -2.5% | -15.6% | 1.1% | 13.1pp | -3.6pp |
| EPS (Diluted) | $-0.15 | $-0.93 | $0.07 | 83.9% | -314.3% |
| Free Cash Flow | -$199M | $73M | -$82M | -372.2% | -142.6% |
| Item | Amount |
|---|---|
| REVENUE | $501M |
| Cost of Revenue | $408M |
| GROSS PROFIT | $92M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $28M |
| SG&A Expenses | $28M |
| Other Expenses | $254M |
| Operating Expenses | $282M |
| Cost & Expenses | $691M |
| OPERATING INCOME | -$190M |
| Interest Income | $2M |
| Interest Expense | $74M |
| Other Income/Expenses | -$188M |
| INCOME BEFORE TAX | -$378M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | -$383M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$13M |
| D&A | $137M |
| EBIT | -$303M |
| EBITDA | -$166M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$13M |
| Depreciation & Amortization | $137M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | -$20M |
| Change in Working Capital | $51M |
| OPERATING CASH FLOW | $130M |
| Capital Expenditure | -$329M |
| Acquisitions (Net) | -$96M |
| Purchases of Investments | -$78M |
| Sales/Maturities of Investments | $124M |
| Other Investing Activities | -$45M |
| NET CASH FROM INVESTING | -$423M |
| Net Debt Issuance | $31M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$5M |
| Other Financing Activities | -$22M |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | -$199M |
| Net Change in Cash | -$259M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $453M |
| Short-Term Investments | $10M |
| Net Receivables | $117M |
| Inventory | $0 |
| Other Current Assets | $237M |
| TOTAL CURRENT ASSETS | $853M |
| PP&E (Net) | $4.3B |
| Goodwill | $44M |
| Intangible Assets | $98M |
| Long-Term Investments | $1.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $310M |
| TOTAL NON-CURRENT ASSETS | $6.6B |
| TOTAL ASSETS | $7.4B |
| Account Payables | $22M |
| Short-Term Debt | $727M |
| Deferred Revenue | $15M |
| Other Current Liabilities | $72M |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $2.6B |
| Deferred Revenue NC | $28M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $193M |
| TOTAL NON-CURRENT LIABILITIES | $3.6B |
| TOTAL LIABILITIES | $4.8B |
| Common Stock | $892M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$94M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$9M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $789M |
| Minority Interest | $1.8B |
| TOTAL EQUITY | $2.6B |
| TOTAL LIABILITIES & EQUITY | $7.4B |
| Total Debt | $4.2B |
| Net Debt | $3.8B |
