| Metric | Q3 2016 | Q2 2016 | Q3 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.4B | — | -3.3% | — |
| Op. Income | -$945M | -$460M | — | -105.4% | — |
| Gross Margin | 9.3% | 11.7% | — | -2.4pp | — |
| Net Margin | -131.3% | -40.3% | — | -91.0pp | — |
| EPS (Diluted) | $-1.98 | $-0.63 | — | -214.3% | — |
| Free Cash Flow | -$170M | -$171M | — | 0.6% | — |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $126M |
| R&D Expenses | $33M |
| Selling & Marketing | $237M |
| General & Administrative | $30M |
| SG&A Expenses | $267M |
| Other Expenses | $771M |
| Operating Expenses | $1.1B |
| Cost & Expenses | $2.3B |
| OPERATING INCOME | -$945M |
| Interest Income | $0 |
| Interest Expense | $129M |
| Other Income/Expenses | -$139M |
| INCOME BEFORE TAX | -$1.1B |
| Income Tax Expense | $692M |
| Net Income from Continuing Ops | -$1.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1.8B |
| D&A | $242M |
| EBIT | -$955M |
| EBITDA | -$713M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$1.8B |
| Depreciation & Amortization | $242M |
| Stock-Based Compensation | $19M |
| Deferred Income Tax | $641M |
| Other Non-Cash Items | $671M |
| Change in Working Capital | $97M |
| OPERATING CASH FLOW | -$106M |
| Capital Expenditure | -$64M |
| Acquisitions (Net) | $23M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$7M |
| NET CASH FROM INVESTING | -$48M |
| Net Debt Issuance | $225M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$83M |
| NET CASH FROM FINANCING | $142M |
| FREE CASH FLOW | -$170M |
| Net Change in Cash | -$12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $440M |
| Short-Term Investments | $0 |
| Net Receivables | $1.4B |
| Inventory | $1.9B |
| Other Current Assets | $532M |
| TOTAL CURRENT ASSETS | $4.6B |
| PP&E (Net) | $4.7B |
| Goodwill | $2.8B |
| Intangible Assets | $264M |
| Long-Term Investments | $65M |
| Tax Assets | $51M |
| Other Non-Current Assets | $109M |
| TOTAL NON-CURRENT ASSETS | $8.0B |
| TOTAL ASSETS | $12.6B |
| Account Payables | $666M |
| Short-Term Debt | $555M |
| Deferred Revenue | $464M |
| Other Current Liabilities | $571M |
| TOTAL CURRENT LIABILITIES | $2.7B |
| Long-Term Debt | $6.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $595M |
| TOTAL NON-CURRENT LIABILITIES | $7.5B |
| TOTAL LIABILITIES | $10.3B |
| Common Stock | $1M |
| Additional Paid-In Capital | $6.3B |
| Retained Earnings | -$2.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1.5B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.3B |
| Minority Interest | $59M |
| TOTAL EQUITY | $2.4B |
| TOTAL LIABILITIES & EQUITY | $12.6B |
| Total Debt | $7.5B |
| Net Debt | $7.1B |
