| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $865M | $942M | — | -8.2% | — |
| Op. Income | $40M | $71M | — | -43.7% | — |
| Gross Margin | 46.4% | 45.9% | — | 0.5pp | — |
| Net Margin | 0.9% | 1.8% | — | -0.9pp | — |
| EPS (Diluted) | $0.16 | $0.34 | — | -52.9% | — |
| Free Cash Flow | $104M | $99M | — | 5.1% | — |
| Item | Amount |
|---|---|
| REVENUE | $865M |
| Cost of Revenue | $464M |
| GROSS PROFIT | $401M |
| R&D Expenses | $96M |
| Selling & Marketing | $109M |
| General & Administrative | $75M |
| SG&A Expenses | $184M |
| Other Expenses | $81M |
| Operating Expenses | $361M |
| Cost & Expenses | $825M |
| OPERATING INCOME | $40M |
| Interest Income | $0 |
| Interest Expense | $41M |
| Other Income/Expenses | -$42M |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | -$10M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $69M |
| EBIT | $39M |
| EBITDA | $108M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $69M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$9M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $37M |
| OPERATING CASH FLOW | $117M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$13M |
| Net Debt Issuance | -$80M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$78M |
| FREE CASH FLOW | $104M |
| Net Change in Cash | $24M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $180M |
| Short-Term Investments | $0 |
| Net Receivables | $578M |
| Inventory | $376M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $284M |
| Goodwill | $2.5B |
| Intangible Assets | $430M |
| Long-Term Investments | $0 |
| Tax Assets | $121M |
| Other Non-Current Assets | $67M |
| TOTAL NON-CURRENT ASSETS | $3.4B |
| TOTAL ASSETS | $4.5B |
| Account Payables | $365M |
| Short-Term Debt | $0 |
| Deferred Revenue | $217M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $921M |
| Long-Term Debt | $2.6B |
| Deferred Revenue NC | $128M |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $112M |
| TOTAL NON-CURRENT LIABILITIES | $2.8B |
| TOTAL LIABILITIES | $3.7B |
| Common Stock | $1M |
| Additional Paid-In Capital | $234M |
| Retained Earnings | $1.2B |
| Treasury Stock | -$630M |
| Accum. Other Comp. Income | -$49M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $795M |
| Minority Interest | $0 |
| TOTAL EQUITY | $795M |
| TOTAL LIABILITIES & EQUITY | $4.5B |
| Total Debt | $2.6B |
| Net Debt | $2.4B |
