| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.5B | $3.6B | — | -3.3% | — |
| Op. Income | $265M | $265M | — | 0.0% | — |
| Gross Margin | 17.2% | 16.9% | — | 0.4pp | — |
| Net Margin | 4.6% | 4.2% | — | 0.3pp | — |
| EPS (Diluted) | $0.60 | $0.57 | — | 5.3% | — |
| Free Cash Flow | -$18M | $375M | — | -104.8% | — |
| Item | Amount |
|---|---|
| REVENUE | $3.5B |
| Cost of Revenue | $2.9B |
| GROSS PROFIT | $600M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $335M |
| Other Expenses | $0 |
| Operating Expenses | $335M |
| Cost & Expenses | $3.2B |
| OPERATING INCOME | $265M |
| Interest Income | $0 |
| Interest Expense | $44M |
| Other Income/Expenses | -$62M |
| INCOME BEFORE TAX | $203M |
| Income Tax Expense | $44M |
| Net Income from Continuing Ops | $159M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $159M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $159M |
| D&A | $114M |
| EBIT | $247M |
| EBITDA | $361M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $3.5B |
| Cost of Revenue | $2.9B |
| GROSS PROFIT | $600M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $335M |
| Other Expenses | $0 |
| Operating Expenses | $335M |
| Cost & Expenses | $3.2B |
| OPERATING INCOME | $265M |
| Interest Income | $0 |
| Interest Expense | $44M |
| Other Income/Expenses | -$62M |
| INCOME BEFORE TAX | $203M |
| Income Tax Expense | $44M |
| Net Income from Continuing Ops | $159M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $159M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $159M |
| D&A | $114M |
| EBIT | $247M |
| EBITDA | $361M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $159M |
| Depreciation & Amortization | $114M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $119M |
| Other Non-Cash Items | $24M |
| Change in Working Capital | -$319M |
| OPERATING CASH FLOW | $97M |
| Capital Expenditure | -$115M |
| Acquisitions (Net) | -$1M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $15M |
| NET CASH FROM INVESTING | -$101M |
| Net Debt Issuance | $265M |
| Common Stock Repurchased | -$122M |
| Common Dividends Paid | -$5M |
| Other Financing Activities | $17M |
| NET CASH FROM FINANCING | $155M |
| FREE CASH FLOW | -$18M |
| Net Change in Cash | $1.3B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.3B |
| Short-Term Investments | $0 |
| Net Receivables | $1.3B |
| Inventory | $4.5B |
| Other Current Assets | $408M |
| TOTAL CURRENT ASSETS | $7.6B |
| PP&E (Net) | $2.7B |
| Goodwill | $2.4B |
| Intangible Assets | $0 |
| Long-Term Investments | $824M |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.4B |
| TOTAL NON-CURRENT ASSETS | $8.3B |
| TOTAL ASSETS | $15.9B |
| Account Payables | $1.2B |
| Short-Term Debt | $364M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.5B |
| TOTAL CURRENT LIABILITIES | $4.0B |
| Long-Term Debt | $3.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2.1B |
| TOTAL NON-CURRENT LIABILITIES | $6.0B |
| TOTAL LIABILITIES | $10.1B |
| Common Stock | $34M |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | $5.9B |
| Treasury Stock | -$451M |
| Accum. Other Comp. Income | -$1.4B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.8B |
| TOTAL LIABILITIES & EQUITY | $15.9B |
| Total Debt | $4.3B |
| Net Debt | $3.0B |
