| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $417M | $406M | $501M | 2.7% | -16.8% |
| Op. Income | $55M | $2M | -$190M | 2767.4% | 129.0% |
| Gross Margin | 18.9% | 14.7% | 18.4% | 4.2pp | 0.5pp |
| Net Margin | -2.9% | -7.0% | -2.5% | 4.1pp | -0.4pp |
| EPS (Diluted) | $-0.12 | $-0.28 | $-0.15 | 57.1% | 20.0% |
| Free Cash Flow | -$275M | -$70M | -$199M | -294.5% | -38.4% |
| Item | Amount |
|---|---|
| REVENUE | $417M |
| Cost of Revenue | $339M |
| GROSS PROFIT | $79M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $19M |
| SG&A Expenses | $19M |
| Other Expenses | $5M |
| Operating Expenses | $24M |
| Cost & Expenses | $437M |
| OPERATING INCOME | $55M |
| Interest Income | $2M |
| Interest Expense | $67M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$12M |
| D&A | $70M |
| EBIT | $70M |
| EBITDA | $140M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$12M |
| Depreciation & Amortization | $70M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | -$33M |
| Change in Working Capital | -$56M |
| OPERATING CASH FLOW | -$26M |
| Capital Expenditure | -$249M |
| Acquisitions (Net) | -$5M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$251M |
| Net Debt Issuance | $211M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$6M |
| Other Financing Activities | -$15M |
| NET CASH FROM FINANCING | $191M |
| FREE CASH FLOW | -$275M |
| Net Change in Cash | -$87M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $385M |
| Short-Term Investments | $12M |
| Net Receivables | $127M |
| Inventory | $0 |
| Other Current Assets | $180M |
| TOTAL CURRENT ASSETS | $760M |
| PP&E (Net) | $5.4B |
| Goodwill | $44M |
| Intangible Assets | $82M |
| Long-Term Investments | $1.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $132M |
| TOTAL NON-CURRENT ASSETS | $7.6B |
| TOTAL ASSETS | $8.3B |
| Account Payables | $18M |
| Short-Term Debt | $259M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $13M |
| TOTAL CURRENT LIABILITIES | $653M |
| Long-Term Debt | $3.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $162M |
| TOTAL NON-CURRENT LIABILITIES | $4.8B |
| TOTAL LIABILITIES | $5.4B |
| Common Stock | $1.0B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$211M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $842M |
| Minority Interest | $2.1B |
| TOTAL EQUITY | $2.9B |
| TOTAL LIABILITIES & EQUITY | $8.3B |
| Total Debt | $5.0B |
| Net Debt | $4.6B |
