| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | — | $1.4B | — | 6.0% |
| Op. Income | -$1.7B | — | -$399M | — | -336.6% |
| Gross Margin | 12.8% | — | 11.3% | — | 1.5pp |
| Net Margin | -130.1% | — | -39.0% | — | -91.0pp |
| EPS (Diluted) | $-1.95 | — | $-0.58 | — | -236.2% |
| Free Cash Flow | $16M | — | $68M | — | -76.5% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $191M |
| R&D Expenses | $41M |
| Selling & Marketing | $234M |
| General & Administrative | $36M |
| SG&A Expenses | $270M |
| Other Expenses | $1.6B |
| Operating Expenses | $1.9B |
| Cost & Expenses | $3.2B |
| OPERATING INCOME | -$1.7B |
| Interest Income | $0 |
| Interest Expense | $152M |
| Other Income/Expenses | -$130M |
| INCOME BEFORE TAX | -$1.9B |
| Income Tax Expense | $62M |
| Net Income from Continuing Ops | -$1.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1.9B |
| D&A | $190M |
| EBIT | -$1.7B |
| EBITDA | -$1.5B |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$1.9B |
| Depreciation & Amortization | $190M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | -$18M |
| Other Non-Cash Items | $1.6B |
| Change in Working Capital | $262M |
| OPERATING CASH FLOW | $96M |
| Capital Expenditure | -$80M |
| Acquisitions (Net) | $430M |
| Purchases of Investments | $80M |
| Sales/Maturities of Investments | -$1M |
| Other Investing Activities | -$90M |
| NET CASH FROM INVESTING | $339M |
| Net Debt Issuance | -$262M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | -$267M |
| FREE CASH FLOW | $16M |
| Net Change in Cash | $168M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $613M |
| Short-Term Investments | $0 |
| Net Receivables | $1.1B |
| Inventory | $1.2B |
| Other Current Assets | $928M |
| TOTAL CURRENT ASSETS | $3.9B |
| PP&E (Net) | $2.7B |
| Goodwill | $2.7B |
| Intangible Assets | $213M |
| Long-Term Investments | $62M |
| Tax Assets | -$221M |
| Other Non-Current Assets | $159M |
| TOTAL NON-CURRENT ASSETS | $5.6B |
| TOTAL ASSETS | $9.7B |
| Account Payables | $856M |
| Short-Term Debt | $148M |
| Deferred Revenue | $56M |
| Other Current Liabilities | $634M |
| TOTAL CURRENT LIABILITIES | $2.2B |
| Long-Term Debt | $7.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $547M |
| TOTAL NON-CURRENT LIABILITIES | $8.1B |
| TOTAL LIABILITIES | $10.3B |
| Common Stock | $1M |
| Additional Paid-In Capital | $6.7B |
| Retained Earnings | -$5.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1.5B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$626M |
| Minority Interest | $55M |
| TOTAL EQUITY | -$571M |
| TOTAL LIABILITIES & EQUITY | $9.7B |
| Total Debt | $7.7B |
| Net Debt | $7.1B |
