| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $205M | $281M | $212M | -27.1% | -3.5% |
| Op. Income | $23M | $61M | $25M | -61.7% | -7.1% |
| Gross Margin | 38.9% | 47.4% | 38.5% | -8.5pp | 0.4pp |
| Net Margin | 8.9% | 14.9% | 7.7% | -6.0pp | 1.3pp |
| EPS (Diluted) | $0.38 | $0.87 | $0.34 | -56.3% | 11.8% |
| Free Cash Flow | $16M | $59M | $24M | -72.9% | -34.9% |
| Item | Amount |
|---|---|
| REVENUE | $205M |
| Cost of Revenue | $125M |
| GROSS PROFIT | $80M |
| R&D Expenses | $0 |
| Selling & Marketing | $46M |
| General & Administrative | $11M |
| SG&A Expenses | $56M |
| Other Expenses | $0 |
| Operating Expenses | $56M |
| Cost & Expenses | $182M |
| OPERATING INCOME | $23M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $7M |
| EBIT | $23M |
| EBITDA | $30M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $205M |
| Cost of Revenue | $125M |
| GROSS PROFIT | $80M |
| R&D Expenses | $0 |
| Selling & Marketing | $46M |
| General & Administrative | $11M |
| SG&A Expenses | $56M |
| Other Expenses | $0 |
| Operating Expenses | $56M |
| Cost & Expenses | $182M |
| OPERATING INCOME | $23M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $7M |
| EBIT | $23M |
| EBITDA | $30M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $18M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$385.0K |
| Other Non-Cash Items | $12M |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | $19M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$10M |
| Sales/Maturities of Investments | $10M |
| Other Investing Activities | -$290.0K |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$12M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$12M |
| FREE CASH FLOW | $16M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $168M |
| Short-Term Investments | $55M |
| Net Receivables | $7M |
| Inventory | $118M |
| Other Current Assets | $19M |
| TOTAL CURRENT ASSETS | $368M |
| PP&E (Net) | $146M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $18M |
| Tax Assets | $0 |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $171M |
| TOTAL ASSETS | $538M |
| Account Payables | $26M |
| Short-Term Debt | $0 |
| Deferred Revenue | $15M |
| Other Current Liabilities | $20M |
| TOTAL CURRENT LIABILITIES | $91M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $48M |
| TOTAL NON-CURRENT LIABILITIES | $48M |
| TOTAL LIABILITIES | $139M |
| Common Stock | $490.0K |
| Additional Paid-In Capital | $146M |
| Retained Earnings | $253M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$89.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $399M |
| Minority Interest | $0 |
| TOTAL EQUITY | $399M |
| TOTAL LIABILITIES & EQUITY | $538M |
| Total Debt | $0 |
| Net Debt | -$168M |
