| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $437M | $421M | $310M | 3.7% | 40.8% |
| Op. Income | $98M | $110M | $62M | -10.4% | 59.2% |
| Gross Margin | 74.9% | 75.5% | 75.9% | -0.5pp | -1.0pp |
| Net Margin | 21.9% | 2.4% | 22.4% | 19.5pp | -0.4pp |
| EPS (Diluted) | $1.17 | $0.13 | $0.85 | 800.0% | 37.6% |
| Free Cash Flow | $20M | $93M | -$12M | -78.7% | 265.3% |
| Item | Amount |
|---|---|
| REVENUE | $437M |
| Cost of Revenue | $110M |
| GROSS PROFIT | $327M |
| R&D Expenses | $30M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $200M |
| Other Expenses | $0 |
| Operating Expenses | $229M |
| Cost & Expenses | $339M |
| OPERATING INCOME | $98M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $101M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $96M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $96M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $96M |
| D&A | $11M |
| EBIT | $98M |
| EBITDA | $110M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $437M |
| Cost of Revenue | $110M |
| GROSS PROFIT | $327M |
| R&D Expenses | $30M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $200M |
| Other Expenses | $0 |
| Operating Expenses | $229M |
| Cost & Expenses | $339M |
| OPERATING INCOME | $98M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $101M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $96M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $96M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $96M |
| D&A | $11M |
| EBIT | $98M |
| EBITDA | $110M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $96M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$52M |
| OPERATING CASH FLOW | $77M |
| Capital Expenditure | -$58M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $136M |
| Other Investing Activities | $30M |
| NET CASH FROM INVESTING | $109M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$100M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$48M |
| NET CASH FROM FINANCING | -$140M |
| FREE CASH FLOW | $20M |
| Net Change in Cash | $48M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $498M |
| Short-Term Investments | $165M |
| Net Receivables | $361M |
| Inventory | $36M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $401M |
| Goodwill | $65M |
| Intangible Assets | $23M |
| Long-Term Investments | $63M |
| Tax Assets | $46M |
| Other Non-Current Assets | $17M |
| TOTAL NON-CURRENT ASSETS | $614M |
| TOTAL ASSETS | $1.8B |
| Account Payables | $42M |
| Short-Term Debt | $0 |
| Deferred Revenue | $296M |
| Other Current Liabilities | $88M |
| TOTAL CURRENT LIABILITIES | $518M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $137M |
| TOTAL NON-CURRENT LIABILITIES | $137M |
| TOTAL LIABILITIES | $655M |
| Common Stock | $8.0K |
| Additional Paid-In Capital | $859M |
| Retained Earnings | $267M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $0 |
| Net Debt | -$498M |
