| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $385M | $470M | $375M | -18.2% | 2.5% |
| Op. Income | $38M | $77M | $34M | -51.1% | 10.6% |
| Gross Margin | 45.8% | 46.9% | 44.4% | -1.0pp | 1.4pp |
| Net Margin | 5.6% | 14.7% | 6.3% | -9.1pp | -0.7pp |
| EPS (Diluted) | $0.13 | $0.43 | $0.14 | -69.8% | -7.1% |
| Free Cash Flow | $21M | $80M | -$22M | -73.5% | 195.9% |
| Item | Amount |
|---|---|
| REVENUE | $385M |
| Cost of Revenue | $209M |
| GROSS PROFIT | $176M |
| R&D Expenses | $38M |
| Selling & Marketing | $0 |
| General & Administrative | $98M |
| SG&A Expenses | $98M |
| Other Expenses | $0 |
| Operating Expenses | $136M |
| Cost & Expenses | $344M |
| OPERATING INCOME | $38M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $32M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $15M |
| EBIT | $38M |
| EBITDA | $53M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $385M |
| Cost of Revenue | $209M |
| GROSS PROFIT | $176M |
| R&D Expenses | $38M |
| Selling & Marketing | $0 |
| General & Administrative | $98M |
| SG&A Expenses | $98M |
| Other Expenses | $0 |
| Operating Expenses | $136M |
| Cost & Expenses | $344M |
| OPERATING INCOME | $38M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $32M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $15M |
| EBIT | $38M |
| EBITDA | $53M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $22M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $400.0K |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$11M |
| OPERATING CASH FLOW | $33M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | -$40M |
| Purchases of Investments | -$85M |
| Sales/Maturities of Investments | $59M |
| Other Investing Activities | $7M |
| NET CASH FROM INVESTING | -$71M |
| Net Debt Issuance | -$27M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$6M |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$32M |
| FREE CASH FLOW | $21M |
| Net Change in Cash | -$65M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $278M |
| Short-Term Investments | $187M |
| Net Receivables | $225M |
| Inventory | $476M |
| Other Current Assets | $98M |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $241M |
| Goodwill | $152M |
| Intangible Assets | $86M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $576M |
| TOTAL ASSETS | $1.8B |
| Account Payables | $95M |
| Short-Term Debt | $100.0K |
| Deferred Revenue | $149M |
| Other Current Liabilities | $271M |
| TOTAL CURRENT LIABILITIES | $515M |
| Long-Term Debt | $385M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $209M |
| TOTAL NON-CURRENT LIABILITIES | $593M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $2M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | -$249M |
| Accum. Other Comp. Income | -$60M |
| Other Equity | $1.0B |
| TOTAL STOCKHOLDERS' EQUITY | $732M |
| Minority Interest | $7M |
| TOTAL EQUITY | $739M |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $385M |
| Net Debt | $107M |
