| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $421M | $385M | $293M | 9.4% | 43.7% |
| Op. Income | $110M | $99M | $68M | 11.0% | 60.3% |
| Gross Margin | 75.5% | 75.9% | 75.1% | -0.5pp | 0.3pp |
| Net Margin | 2.4% | 21.4% | 16.2% | -19.0pp | -13.8pp |
| EPS (Diluted) | $0.13 | $1.01 | $0.58 | -87.1% | -77.6% |
| Free Cash Flow | $93M | $70M | $67M | 32.5% | 39.0% |
| Item | Amount |
|---|---|
| REVENUE | $421M |
| Cost of Revenue | $103M |
| GROSS PROFIT | $318M |
| R&D Expenses | $26M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $182M |
| Other Expenses | $0 |
| Operating Expenses | $208M |
| Cost & Expenses | $312M |
| OPERATING INCOME | $110M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $112M |
| Income Tax Expense | $104M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $11M |
| EBIT | $110M |
| EBITDA | $121M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $421M |
| Cost of Revenue | $103M |
| GROSS PROFIT | $318M |
| R&D Expenses | $26M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $182M |
| Other Expenses | $0 |
| Operating Expenses | $208M |
| Cost & Expenses | $312M |
| OPERATING INCOME | $110M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $112M |
| Income Tax Expense | $104M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $11M |
| EBIT | $110M |
| EBITDA | $121M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $10M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | $23M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $100M |
| OPERATING CASH FLOW | $162M |
| Capital Expenditure | -$70M |
| Acquisitions (Net) | $13M |
| Purchases of Investments | -$33M |
| Sales/Maturities of Investments | $96M |
| Other Investing Activities | -$26M |
| NET CASH FROM INVESTING | -$20M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$50M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | -$56M |
| FREE CASH FLOW | $93M |
| Net Change in Cash | $87M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $450M |
| Short-Term Investments | $272M |
| Net Receivables | $324M |
| Inventory | $32M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $349M |
| Goodwill | $65M |
| Intangible Assets | $24M |
| Long-Term Investments | $95M |
| Tax Assets | $50M |
| Other Non-Current Assets | $38M |
| TOTAL NON-CURRENT ASSETS | $621M |
| TOTAL ASSETS | $1.8B |
| Account Payables | $37M |
| Short-Term Debt | $0 |
| Deferred Revenue | $267M |
| Other Current Liabilities | $11M |
| TOTAL CURRENT LIABILITIES | $498M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $130M |
| TOTAL NON-CURRENT LIABILITIES | $130M |
| TOTAL LIABILITIES | $627M |
| Common Stock | $8.0K |
| Additional Paid-In Capital | $886M |
| Retained Earnings | $263M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $571.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $0 |
| Net Debt | -$450M |
