| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $321M | $328M | $259M | -2.2% | 23.6% |
| Op. Income | $47M | $45M | $22M | 5.8% | 113.0% |
| Gross Margin | 50.4% | 50.1% | 48.8% | 0.3pp | 1.6pp |
| Net Margin | 13.4% | 10.7% | 7.0% | 2.7pp | 6.4pp |
| EPS (Diluted) | $0.64 | $0.52 | $0.28 | 23.1% | 128.6% |
| Free Cash Flow | -$15M | $109M | $2M | -113.4% | -754.9% |
| Item | Amount |
|---|---|
| REVENUE | $321M |
| Cost of Revenue | $159M |
| GROSS PROFIT | $162M |
| R&D Expenses | $84M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $31M |
| Other Expenses | $0 |
| Operating Expenses | $114M |
| Cost & Expenses | $273M |
| OPERATING INCOME | $47M |
| Interest Income | $929.0K |
| Interest Expense | $335.0K |
| Other Income/Expenses | $575.0K |
| INCOME BEFORE TAX | $48M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $43M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $43M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $43M |
| D&A | $20M |
| EBIT | $48M |
| EBITDA | $68M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $321M |
| Cost of Revenue | $159M |
| GROSS PROFIT | $162M |
| R&D Expenses | $84M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $31M |
| Other Expenses | $0 |
| Operating Expenses | $114M |
| Cost & Expenses | $273M |
| OPERATING INCOME | $47M |
| Interest Income | $929.0K |
| Interest Expense | $335.0K |
| Other Income/Expenses | $575.0K |
| INCOME BEFORE TAX | $48M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $43M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $43M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $43M |
| D&A | $20M |
| EBIT | $48M |
| EBITDA | $68M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $43M |
| Depreciation & Amortization | $20M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $435.0K |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | -$75M |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$149M |
| Sales/Maturities of Investments | $102M |
| Other Investing Activities | -$21M |
| NET CASH FROM INVESTING | -$78M |
| Net Debt Issuance | -$60M |
| Common Stock Repurchased | -$47M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$106M |
| FREE CASH FLOW | -$15M |
| Net Change in Cash | -$187M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $164M |
| Short-Term Investments | $11M |
| Net Receivables | $162M |
| Inventory | $202M |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $579M |
| PP&E (Net) | $171M |
| Goodwill | $287M |
| Intangible Assets | $143M |
| Long-Term Investments | $135M |
| Tax Assets | $32M |
| Other Non-Current Assets | $20M |
| TOTAL NON-CURRENT ASSETS | $788M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $86M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $14M |
| TOTAL CURRENT LIABILITIES | $146M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $60M |
| TOTAL NON-CURRENT LIABILITIES | $60M |
| TOTAL LIABILITIES | $206M |
| Common Stock | $1.3B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$112M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $393.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $0 |
| Net Debt | -$164M |
