| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $281M | $224M | $280M | 25.4% | 0.4% |
| Op. Income | $61M | $31M | $55M | 96.2% | 9.5% |
| Gross Margin | 47.4% | 40.5% | 44.9% | 6.8pp | 2.5pp |
| Net Margin | 14.9% | 8.9% | 12.9% | 6.1pp | 2.1pp |
| EPS (Diluted) | $0.87 | $0.41 | $0.74 | 112.2% | 17.6% |
| Free Cash Flow | $59M | $26M | $80M | 127.3% | -26.6% |
| Item | Amount |
|---|---|
| REVENUE | $281M |
| Cost of Revenue | $148M |
| GROSS PROFIT | $133M |
| R&D Expenses | $0 |
| Selling & Marketing | $62M |
| General & Administrative | $11M |
| SG&A Expenses | $73M |
| Other Expenses | $0 |
| Operating Expenses | $73M |
| Cost & Expenses | $220M |
| OPERATING INCOME | $61M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $63M |
| Income Tax Expense | $21M |
| Net Income from Continuing Ops | $42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $42M |
| D&A | $8M |
| EBIT | $61M |
| EBITDA | $68M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $281M |
| Cost of Revenue | $148M |
| GROSS PROFIT | $133M |
| R&D Expenses | $0 |
| Selling & Marketing | $62M |
| General & Administrative | $11M |
| SG&A Expenses | $73M |
| Other Expenses | $0 |
| Operating Expenses | $73M |
| Cost & Expenses | $220M |
| OPERATING INCOME | $61M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $63M |
| Income Tax Expense | $21M |
| Net Income from Continuing Ops | $42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $42M |
| D&A | $8M |
| EBIT | $61M |
| EBITDA | $68M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $42M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $609.0K |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $6M |
| Change in Working Capital | $8M |
| OPERATING CASH FLOW | $61M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $263.0K |
| Purchases of Investments | -$12M |
| Sales/Maturities of Investments | $10M |
| Other Investing Activities | -$30.0K |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$97M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$97M |
| FREE CASH FLOW | $59M |
| Net Change in Cash | -$40M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $165M |
| Short-Term Investments | $51M |
| Net Receivables | $9M |
| Inventory | $118M |
| Other Current Assets | $18M |
| TOTAL CURRENT ASSETS | $361M |
| PP&E (Net) | $150M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $21M |
| Tax Assets | $0 |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $178M |
| TOTAL ASSETS | $538M |
| Account Payables | $29M |
| Short-Term Debt | $0 |
| Deferred Revenue | $18M |
| Other Current Liabilities | $16M |
| TOTAL CURRENT LIABILITIES | $98M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $49M |
| TOTAL NON-CURRENT LIABILITIES | $49M |
| TOTAL LIABILITIES | $147M |
| Common Stock | $488.0K |
| Additional Paid-In Capital | $144M |
| Retained Earnings | $247M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$89.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $391M |
| Minority Interest | $0 |
| TOTAL EQUITY | $391M |
| TOTAL LIABILITIES & EQUITY | $538M |
| Total Debt | $0 |
| Net Debt | -$165M |
