| Metric | Q2 2017 | Q1 2017 | Q2 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $429M | $259M | — | 65.2% | — |
| Op. Income | $104M | $22M | — | 368.0% | — |
| Gross Margin | 49.4% | 48.8% | — | 0.6pp | — |
| Net Margin | 20.1% | 7.0% | — | 13.1pp | — |
| EPS (Diluted) | $1.30 | $0.28 | — | 364.3% | — |
| Free Cash Flow | $11M | $2M | — | 383.9% | — |
| Item | Amount |
|---|---|
| REVENUE | $429M |
| Cost of Revenue | $217M |
| GROSS PROFIT | $212M |
| R&D Expenses | $76M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $32M |
| Other Expenses | $0 |
| Operating Expenses | $108M |
| Cost & Expenses | $325M |
| OPERATING INCOME | $104M |
| Interest Income | $296.0K |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $103M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $86M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $86M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $86M |
| D&A | $15M |
| EBIT | $104M |
| EBITDA | $119M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $429M |
| Cost of Revenue | $217M |
| GROSS PROFIT | $212M |
| R&D Expenses | $76M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $32M |
| Other Expenses | $0 |
| Operating Expenses | $108M |
| Cost & Expenses | $325M |
| OPERATING INCOME | $104M |
| Interest Income | $296.0K |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $103M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $86M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $86M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $86M |
| D&A | $15M |
| EBIT | $104M |
| EBITDA | $119M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $86M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | -$89M |
| OPERATING CASH FLOW | $24M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $2M |
| Purchases of Investments | -$84M |
| Sales/Maturities of Investments | $61M |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$36M |
| Net Debt Issuance | -$21M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $5M |
| NET CASH FROM FINANCING | -$18M |
| FREE CASH FLOW | $11M |
| Net Change in Cash | -$30M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $113M |
| Short-Term Investments | $116M |
| Net Receivables | $270M |
| Inventory | $161M |
| Other Current Assets | $10M |
| TOTAL CURRENT ASSETS | $696M |
| PP&E (Net) | $164M |
| Goodwill | $288M |
| Intangible Assets | $150M |
| Long-Term Investments | $2M |
| Tax Assets | $28M |
| Other Non-Current Assets | $18M |
| TOTAL NON-CURRENT ASSETS | $650M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $130M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $15M |
| TOTAL CURRENT LIABILITIES | $190M |
| Long-Term Debt | $140M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $46M |
| TOTAL NON-CURRENT LIABILITIES | $186M |
| TOTAL LIABILITIES | $376M |
| Common Stock | $1.2B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$268M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $543.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $969M |
| Minority Interest | $0 |
| TOTAL EQUITY | $969M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $140M |
| Net Debt | $27M |
