| Metric | Q4 2016 | Q3 2016 | Q4 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.4B | — | 3.7% | — |
| Op. Income | -$399M | -$945M | — | 57.8% | — |
| Gross Margin | 11.3% | 9.3% | — | 2.0pp | — |
| Net Margin | -39.0% | -131.3% | — | 92.2pp | — |
| EPS (Diluted) | $-0.58 | $-1.98 | — | 70.7% | — |
| Free Cash Flow | $68M | -$170M | — | 140.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $159M |
| R&D Expenses | $40M |
| Selling & Marketing | $234M |
| General & Administrative | $33M |
| SG&A Expenses | $267M |
| Other Expenses | $251M |
| Operating Expenses | $558M |
| Cost & Expenses | $1.8B |
| OPERATING INCOME | -$399M |
| Interest Income | $0 |
| Interest Expense | $136M |
| Other Income/Expenses | -$138M |
| INCOME BEFORE TAX | -$537M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | -$544M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$549M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$549M |
| D&A | $215M |
| EBIT | -$433M |
| EBITDA | -$218M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$544M |
| Depreciation & Amortization | $215M |
| Stock-Based Compensation | $30M |
| Deferred Income Tax | -$45M |
| Other Non-Cash Items | $115M |
| Change in Working Capital | $365M |
| OPERATING CASH FLOW | $136M |
| Capital Expenditure | -$68M |
| Acquisitions (Net) | -$14M |
| Purchases of Investments | $68M |
| Sales/Maturities of Investments | -$6M |
| Other Investing Activities | -$13M |
| NET CASH FROM INVESTING | -$33M |
| Net Debt Issuance | $86M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$26M |
| NET CASH FROM FINANCING | $508M |
| FREE CASH FLOW | $68M |
| Net Change in Cash | $597M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.0B |
| Short-Term Investments | $0 |
| Net Receivables | $1.4B |
| Inventory | $1.8B |
| Other Current Assets | $425M |
| TOTAL CURRENT ASSETS | $4.9B |
| PP&E (Net) | $4.5B |
| Goodwill | $2.8B |
| Intangible Assets | $248M |
| Long-Term Investments | $66M |
| Tax Assets | $0 |
| Other Non-Current Assets | $163M |
| TOTAL NON-CURRENT ASSETS | $7.8B |
| TOTAL ASSETS | $12.7B |
| Account Payables | $845M |
| Short-Term Debt | $179M |
| Deferred Revenue | $546M |
| Other Current Liabilities | $312M |
| TOTAL CURRENT LIABILITIES | $2.4B |
| Long-Term Debt | $7.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $765M |
| TOTAL NON-CURRENT LIABILITIES | $8.2B |
| TOTAL LIABILITIES | $10.6B |
| Common Stock | $1M |
| Additional Paid-In Capital | $6.6B |
| Retained Earnings | -$3.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1.6B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $56M |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $12.7B |
| Total Debt | $7.6B |
| Net Debt | $6.5B |
