| Metric | Q3 2016 | Q2 2016 | Q3 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $290M | $269M | — | 8.0% | — |
| Op. Income | $63M | $53M | — | 18.6% | — |
| Gross Margin | 64.2% | 63.8% | — | 0.4pp | — |
| Net Margin | 17.7% | 14.5% | — | 3.2pp | — |
| EPS (Diluted) | $0.04 | $0.03 | — | 30.2% | — |
| Free Cash Flow | -$51M | $61M | — | -184.1% | — |
| Item | Amount |
|---|---|
| REVENUE | $290M |
| Cost of Revenue | $104M |
| GROSS PROFIT | $186M |
| R&D Expenses | $71M |
| Selling & Marketing | $33M |
| General & Administrative | $20M |
| SG&A Expenses | $53M |
| Other Expenses | $0 |
| Operating Expenses | $123M |
| Cost & Expenses | $227M |
| OPERATING INCOME | $63M |
| Interest Income | $0 |
| Interest Expense | $735.0K |
| Other Income/Expenses | -$96.0K |
| INCOME BEFORE TAX | $63M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $51M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $51M |
| Net Income Deductions | -$18.0K |
| BOTTOM LINE NET INCOME | $51M |
| D&A | $5M |
| EBIT | $64M |
| EBITDA | $69M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $290M |
| Cost of Revenue | $104M |
| GROSS PROFIT | $186M |
| R&D Expenses | $71M |
| Selling & Marketing | $33M |
| General & Administrative | $20M |
| SG&A Expenses | $53M |
| Other Expenses | $0 |
| Operating Expenses | $123M |
| Cost & Expenses | $227M |
| OPERATING INCOME | $63M |
| Interest Income | $0 |
| Interest Expense | $735.0K |
| Other Income/Expenses | -$96.0K |
| INCOME BEFORE TAX | $63M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $51M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $51M |
| Net Income Deductions | -$18.0K |
| BOTTOM LINE NET INCOME | $51M |
| D&A | $5M |
| EBIT | $64M |
| EBITDA | $69M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $51M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | -$7M |
| Other Non-Cash Items | -$13M |
| Change in Working Capital | -$99M |
| OPERATING CASH FLOW | -$47M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$50M |
| Sales/Maturities of Investments | $42M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$11M |
| Net Debt Issuance | -$326.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $14M |
| NET CASH FROM FINANCING | $28M |
| FREE CASH FLOW | -$51M |
| Net Change in Cash | -$31M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $500M |
| Short-Term Investments | $300M |
| Net Receivables | $210M |
| Inventory | $162M |
| Other Current Assets | $55M |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $78M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $36M |
| Tax Assets | $62M |
| Other Non-Current Assets | $18M |
| TOTAL NON-CURRENT ASSETS | $195M |
| TOTAL ASSETS | $1.5B |
| Account Payables | $77M |
| Short-Term Debt | $0 |
| Deferred Revenue | $191M |
| Other Current Liabilities | $10M |
| TOTAL CURRENT LIABILITIES | $355M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $94M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $19M |
| TOTAL NON-CURRENT LIABILITIES | $153M |
| TOTAL LIABILITIES | $508M |
| Common Stock | $7.0K |
| Additional Paid-In Capital | $636M |
| Retained Earnings | $376M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$983.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $40M |
| Net Debt | -$460M |
