| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $139M | $129M | $96M | 7.5% | 44.5% |
| Op. Income | $37M | $40M | $16M | -7.5% | 127.7% |
| Gross Margin | 76.6% | 79.4% | 78.2% | -2.8pp | -1.6pp |
| Net Margin | 32.7% | 29.6% | 15.5% | 3.1pp | 17.2pp |
| EPS (Diluted) | $0.25 | $0.22 | $0.09 | 13.6% | 194.1% |
| Free Cash Flow | $42M | $73M | $25M | -43.1% | 64.2% |
| Item | Amount |
|---|---|
| REVENUE | $139M |
| Cost of Revenue | $33M |
| GROSS PROFIT | $107M |
| R&D Expenses | $23M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $47M |
| Other Expenses | $0 |
| Operating Expenses | $69M |
| Cost & Expenses | $102M |
| OPERATING INCOME | $37M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $39M |
| Income Tax Expense | -$6M |
| Net Income from Continuing Ops | $45M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $45M |
| Net Income Deductions | $184.0K |
| BOTTOM LINE NET INCOME | $45M |
| D&A | $4M |
| EBIT | $37M |
| EBITDA | $41M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $139M |
| Cost of Revenue | $33M |
| GROSS PROFIT | $107M |
| R&D Expenses | $23M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $47M |
| Other Expenses | $0 |
| Operating Expenses | $69M |
| Cost & Expenses | $102M |
| OPERATING INCOME | $37M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $39M |
| Income Tax Expense | -$6M |
| Net Income from Continuing Ops | $45M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $45M |
| Net Income Deductions | $184.0K |
| BOTTOM LINE NET INCOME | $45M |
| D&A | $4M |
| EBIT | $37M |
| EBITDA | $41M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $46M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $921.0K |
| Other Non-Cash Items | -$254.0K |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | $48M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | -$176.0K |
| Purchases of Investments | -$194M |
| Sales/Maturities of Investments | $172M |
| Other Investing Activities | -$291.0K |
| NET CASH FROM INVESTING | -$29M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$30M |
| Common Dividends Paid | -$6M |
| Other Financing Activities | $29M |
| NET CASH FROM FINANCING | -$7M |
| FREE CASH FLOW | $42M |
| Net Change in Cash | $13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $92M |
| Short-Term Investments | $376M |
| Net Receivables | $60M |
| Inventory | $33M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $594M |
| PP&E (Net) | $57M |
| Goodwill | $95M |
| Intangible Assets | $7M |
| Long-Term Investments | $313M |
| Tax Assets | $27M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $502M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $17M |
| Short-Term Debt | $0 |
| Deferred Revenue | $14M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $76M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $6M |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $10M |
| TOTAL LIABILITIES | $85M |
| Common Stock | $173.0K |
| Additional Paid-In Capital | $412M |
| Retained Earnings | $653M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$54M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $0 |
| Net Debt | -$92M |
