| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $217M | — | $198M | — | 9.4% |
| Op. Income | $20M | — | $24M | — | -16.9% |
| Gross Margin | 53.0% | — | 53.3% | — | -0.3pp |
| Net Margin | 14.2% | — | 8.7% | — | 5.4pp |
| EPS (Diluted) | $0.64 | — | $0.36 | — | 77.8% |
| Free Cash Flow | $43M | — | $44M | — | -1.4% |
| Item | Amount |
|---|---|
| REVENUE | $217M |
| Cost of Revenue | $102M |
| GROSS PROFIT | $115M |
| R&D Expenses | $35M |
| Selling & Marketing | $44M |
| General & Administrative | $25M |
| SG&A Expenses | $68M |
| Other Expenses | -$8M |
| Operating Expenses | $95M |
| Cost & Expenses | $197M |
| OPERATING INCOME | $20M |
| Interest Income | $222.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | -$15M |
| Net Income from Continuing Ops | $31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $31M |
| D&A | $6M |
| EBIT | $23M |
| EBITDA | $30M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $217M |
| Cost of Revenue | $102M |
| GROSS PROFIT | $115M |
| R&D Expenses | $35M |
| Selling & Marketing | $44M |
| General & Administrative | $25M |
| SG&A Expenses | $68M |
| Other Expenses | -$8M |
| Operating Expenses | $95M |
| Cost & Expenses | $197M |
| OPERATING INCOME | $20M |
| Interest Income | $222.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | -$15M |
| Net Income from Continuing Ops | $31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $31M |
| D&A | $6M |
| EBIT | $23M |
| EBITDA | $30M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $31M |
| Depreciation & Amortization | $19M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | -$12M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $694.0K |
| OPERATING CASH FLOW | $53M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | -$97M |
| Purchases of Investments | -$52.0K |
| Sales/Maturities of Investments | $8M |
| Other Investing Activities | -$8M |
| NET CASH FROM INVESTING | -$107M |
| Net Debt Issuance | $101M |
| Common Stock Repurchased | $186M |
| Common Dividends Paid | -$6M |
| Other Financing Activities | $228M |
| NET CASH FROM FINANCING | $324M |
| FREE CASH FLOW | $43M |
| Net Change in Cash | $623M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $30M |
| Short-Term Investments | $0 |
| Net Receivables | $97M |
| Inventory | $610M |
| Other Current Assets | $610M |
| TOTAL CURRENT ASSETS | $794M |
| PP&E (Net) | $42M |
| Goodwill | $530M |
| Intangible Assets | $369M |
| Long-Term Investments | $1M |
| Tax Assets | -$1M |
| Other Non-Current Assets | $24M |
| TOTAL NON-CURRENT ASSETS | $965M |
| TOTAL ASSETS | $1.8B |
| Account Payables | $25M |
| Short-Term Debt | $9M |
| Deferred Revenue | $276M |
| Other Current Liabilities | $612M |
| TOTAL CURRENT LIABILITIES | $976M |
| Long-Term Debt | $430M |
| Deferred Revenue NC | $4M |
| Deferred Tax Liabilities | $38M |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $477M |
| TOTAL LIABILITIES | $1.5B |
| Common Stock | $59.0K |
| Additional Paid-In Capital | $351M |
| Retained Earnings | $196M |
| Treasury Stock | -$239M |
| Accum. Other Comp. Income | -$649.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $307M |
| Minority Interest | $0 |
| TOTAL EQUITY | $307M |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $438M |
| Net Debt | $408M |
