| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $193M | $232M | $180M | -16.8% | 7.2% |
| Op. Income | $45M | $78M | $52M | -41.9% | -13.2% |
| Gross Margin | 72.7% | 74.7% | 77.5% | -2.0pp | -4.8pp |
| Net Margin | 23.5% | 34.6% | -14.9% | -11.1pp | 38.4pp |
| EPS (Diluted) | $0.26 | $0.45 | $-0.16 | -42.2% | 262.5% |
| Free Cash Flow | $62M | $73M | $76M | -15.5% | -17.9% |
| Item | Amount |
|---|---|
| REVENUE | $193M |
| Cost of Revenue | $53M |
| GROSS PROFIT | $140M |
| R&D Expenses | $29M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $66M |
| Other Expenses | $0 |
| Operating Expenses | $95M |
| Cost & Expenses | $148M |
| OPERATING INCOME | $45M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $49M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $45M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $45M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $45M |
| D&A | $6M |
| EBIT | $45M |
| EBITDA | $51M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $193M |
| Cost of Revenue | $53M |
| GROSS PROFIT | $140M |
| R&D Expenses | $29M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $66M |
| Other Expenses | $0 |
| Operating Expenses | $95M |
| Cost & Expenses | $148M |
| OPERATING INCOME | $45M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $49M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $45M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $45M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $45M |
| D&A | $6M |
| EBIT | $45M |
| EBITDA | $51M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $45M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | -$588.0K |
| Other Non-Cash Items | $66.0K |
| Change in Working Capital | $11M |
| OPERATING CASH FLOW | $72M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | -$4M |
| Purchases of Investments | -$166M |
| Sales/Maturities of Investments | $177M |
| Other Investing Activities | $11M |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$62M |
| Common Dividends Paid | -$9M |
| Other Financing Activities | $901.0K |
| NET CASH FROM FINANCING | -$69M |
| FREE CASH FLOW | $62M |
| Net Change in Cash | $841.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $108M |
| Short-Term Investments | $427M |
| Net Receivables | $127M |
| Inventory | $83M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $780M |
| PP&E (Net) | $91M |
| Goodwill | $113M |
| Intangible Assets | $10M |
| Long-Term Investments | $262M |
| Tax Assets | $29M |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $509M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $16M |
| Short-Term Debt | $0 |
| Deferred Revenue | $10M |
| Other Current Liabilities | $11M |
| TOTAL CURRENT LIABILITIES | $91M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $8M |
| Other Non-Current Liabilities | $55M |
| TOTAL NON-CURRENT LIABILITIES | $63M |
| TOTAL LIABILITIES | $154M |
| Common Stock | $342.0K |
| Additional Paid-In Capital | $529M |
| Retained Earnings | $646M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$41M |
| 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 | -$108M |
