| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $335M | $328M | $242M | 2.3% | 38.5% |
| Op. Income | $73M | $77M | $50M | -5.3% | 47.6% |
| Gross Margin | 63.9% | 64.1% | 64.0% | -0.2pp | -0.2pp |
| Net Margin | 24.7% | 17.9% | 14.6% | 6.8pp | 10.2pp |
| EPS (Diluted) | $0.07 | $0.05 | $0.03 | 35.4% | 123.0% |
| Free Cash Flow | $158M | $48M | $62M | 230.9% | 153.2% |
| Item | Amount |
|---|---|
| REVENUE | $335M |
| Cost of Revenue | $121M |
| GROSS PROFIT | $214M |
| R&D Expenses | $82M |
| Selling & Marketing | $37M |
| General & Administrative | $22M |
| SG&A Expenses | $59M |
| Other Expenses | $0 |
| Operating Expenses | $141M |
| Cost & Expenses | $262M |
| OPERATING INCOME | $73M |
| Interest Income | $0 |
| Interest Expense | $715.0K |
| Other Income/Expenses | $310.0K |
| INCOME BEFORE TAX | $74M |
| Income Tax Expense | -$9M |
| Net Income from Continuing Ops | $83M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $83M |
| Net Income Deductions | -$22.0K |
| BOTTOM LINE NET INCOME | $83M |
| D&A | $5M |
| EBIT | $74M |
| EBITDA | $79M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $335M |
| Cost of Revenue | $121M |
| GROSS PROFIT | $214M |
| R&D Expenses | $82M |
| Selling & Marketing | $37M |
| General & Administrative | $22M |
| SG&A Expenses | $59M |
| Other Expenses | $0 |
| Operating Expenses | $141M |
| Cost & Expenses | $262M |
| OPERATING INCOME | $73M |
| Interest Income | $0 |
| Interest Expense | $715.0K |
| Other Income/Expenses | $310.0K |
| INCOME BEFORE TAX | $74M |
| Income Tax Expense | -$9M |
| Net Income from Continuing Ops | $83M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $83M |
| Net Income Deductions | -$22.0K |
| BOTTOM LINE NET INCOME | $83M |
| D&A | $5M |
| EBIT | $74M |
| EBITDA | $79M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $83M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $330.0K |
| Change in Working Capital | $56M |
| OPERATING CASH FLOW | $163M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$62M |
| Sales/Maturities of Investments | $64M |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | -$383.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$580.0K |
| NET CASH FROM FINANCING | $19M |
| FREE CASH FLOW | $158M |
| Net Change in Cash | $179M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $747M |
| Short-Term Investments | $297M |
| Net Receivables | $209M |
| Inventory | $287M |
| Other Current Assets | $112M |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $76M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $36M |
| Tax Assets | $70M |
| Other Non-Current Assets | $20M |
| TOTAL NON-CURRENT ASSETS | $203M |
| TOTAL ASSETS | $1.9B |
| Account Payables | $61M |
| Short-Term Debt | $0 |
| Deferred Revenue | $383M |
| Other Current Liabilities | $13M |
| TOTAL CURRENT LIABILITIES | $533M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $114M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $26M |
| TOTAL NON-CURRENT LIABILITIES | $179M |
| TOTAL LIABILITIES | $711M |
| Common Stock | $7.0K |
| Additional Paid-In Capital | $711M |
| Retained Earnings | $519M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $39M |
| Net Debt | -$707M |
