| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $170M | $180M | $139M | -6.0% | 22.0% |
| Op. Income | $35M | $52M | $37M | -33.6% | -7.0% |
| Gross Margin | 76.3% | 77.5% | 76.6% | -1.2pp | -0.3pp |
| Net Margin | 21.9% | -14.9% | 32.7% | 36.9pp | -10.8pp |
| EPS (Diluted) | $0.21 | $-0.16 | $0.25 | 231.3% | -16.0% |
| Free Cash Flow | $42M | $76M | $42M | -45.1% | -0.2% |
| Item | Amount |
|---|---|
| REVENUE | $170M |
| Cost of Revenue | $40M |
| GROSS PROFIT | $129M |
| R&D Expenses | $31M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $64M |
| Other Expenses | $0 |
| Operating Expenses | $95M |
| Cost & Expenses | $135M |
| OPERATING INCOME | $35M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $38M |
| Income Tax Expense | $762.0K |
| Net Income from Continuing Ops | $37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $5M |
| EBIT | $35M |
| EBITDA | $40M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $170M |
| Cost of Revenue | $40M |
| GROSS PROFIT | $129M |
| R&D Expenses | $31M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $64M |
| Other Expenses | $0 |
| Operating Expenses | $95M |
| Cost & Expenses | $135M |
| OPERATING INCOME | $35M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $38M |
| Income Tax Expense | $762.0K |
| Net Income from Continuing Ops | $37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $5M |
| EBIT | $35M |
| EBITDA | $40M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $37M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | -$408.0K |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $55M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | -$22.0K |
| Purchases of Investments | -$118M |
| Sales/Maturities of Investments | $144M |
| Other Investing Activities | $22.0K |
| NET CASH FROM INVESTING | $13M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$69M |
| Common Dividends Paid | -$8M |
| Other Financing Activities | $11M |
| NET CASH FROM FINANCING | -$66M |
| FREE CASH FLOW | $42M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $110M |
| Short-Term Investments | $338M |
| Net Receivables | $101M |
| Inventory | $96M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $671M |
| PP&E (Net) | $85M |
| Goodwill | $113M |
| Intangible Assets | $12M |
| Long-Term Investments | $356M |
| Tax Assets | $29M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $598M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $29M |
| Short-Term Debt | $0 |
| Deferred Revenue | $16M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $113M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $7M |
| Other Non-Current Liabilities | $72M |
| TOTAL NON-CURRENT LIABILITIES | $79M |
| TOTAL LIABILITIES | $192M |
| Common Stock | $346.0K |
| Additional Paid-In Capital | $486M |
| Retained Earnings | $623M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$32M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $0 |
| Net Debt | -$110M |
