| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $256M | $226M | $294M | 13.1% | -13.1% |
| Op. Income | $88M | $77M | $40M | 14.1% | 119.8% |
| Gross Margin | 81.6% | 80.4% | 52.3% | 1.2pp | 29.3pp |
| Net Margin | 41.7% | 27.5% | 18.7% | 14.2pp | 23.0pp |
| EPS (Diluted) | $0.90 | $0.52 | $0.47 | 71.3% | 90.4% |
| Free Cash Flow | $0 | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $256M |
| Cost of Revenue | $47M |
| GROSS PROFIT | $209M |
| R&D Expenses | $39M |
| Selling & Marketing | $74M |
| General & Administrative | $8M |
| SG&A Expenses | $82M |
| Other Expenses | $0 |
| Operating Expenses | $122M |
| Cost & Expenses | $169M |
| OPERATING INCOME | $88M |
| Interest Income | $10M |
| Interest Expense | $0 |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | $96M |
| Income Tax Expense | -$10M |
| Net Income from Continuing Ops | $106M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $107M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $107M |
| D&A | -$722.5K |
| EBIT | $86M |
| EBITDA | $86M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $256M |
| Cost of Revenue | $47M |
| GROSS PROFIT | $209M |
| R&D Expenses | $39M |
| Selling & Marketing | $74M |
| General & Administrative | $8M |
| SG&A Expenses | $82M |
| Other Expenses | $0 |
| Operating Expenses | $122M |
| Cost & Expenses | $169M |
| OPERATING INCOME | $88M |
| Interest Income | $10M |
| Interest Expense | $0 |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | $96M |
| Income Tax Expense | -$10M |
| Net Income from Continuing Ops | $106M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $107M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $107M |
| D&A | -$722.5K |
| EBIT | $86M |
| EBITDA | $86M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $107M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$113M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $20M |
| Short-Term Investments | $163M |
| Net Receivables | $280M |
| Inventory | -$260M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $230M |
| PP&E (Net) | $3M |
| Goodwill | $34M |
| Intangible Assets | $1M |
| Long-Term Investments | $3M |
| Tax Assets | $26M |
| Other Non-Current Assets | -$26M |
| TOTAL NON-CURRENT ASSETS | $41M |
| TOTAL ASSETS | $1.8B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $223M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $87M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $64M |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $69M |
| TOTAL LIABILITIES | $87M |
| Common Stock | $177.6K |
| Additional Paid-In Capital | $474M |
| Retained Earnings | $104M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $104M |
| Minority Interest | -$2M |
| TOTAL EQUITY | $102M |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $0 |
| Net Debt | -$20M |
