| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $523M | $429M | — | 22.0% | — |
| Op. Income | $146M | $104M | — | 40.7% | — |
| Gross Margin | 48.8% | 49.4% | — | -0.6pp | — |
| Net Margin | 23.3% | 20.1% | — | 3.3pp | — |
| EPS (Diluted) | $1.83 | $1.30 | — | 40.8% | — |
| Free Cash Flow | $197M | $11M | — | 1727.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $523M |
| Cost of Revenue | $268M |
| GROSS PROFIT | $255M |
| R&D Expenses | $76M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $33M |
| Other Expenses | $0 |
| Operating Expenses | $109M |
| Cost & Expenses | $377M |
| OPERATING INCOME | $146M |
| Interest Income | $415.0K |
| Interest Expense | $765.0K |
| Other Income/Expenses | -$397.0K |
| INCOME BEFORE TAX | $146M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $122M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $122M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $122M |
| D&A | $15M |
| EBIT | $146M |
| EBITDA | $162M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $523M |
| Cost of Revenue | $268M |
| GROSS PROFIT | $255M |
| R&D Expenses | $76M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $33M |
| Other Expenses | $0 |
| Operating Expenses | $109M |
| Cost & Expenses | $377M |
| OPERATING INCOME | $146M |
| Interest Income | $415.0K |
| Interest Expense | $765.0K |
| Other Income/Expenses | -$397.0K |
| INCOME BEFORE TAX | $146M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $122M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $122M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $122M |
| D&A | $15M |
| EBIT | $146M |
| EBITDA | $162M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $122M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $611.0K |
| Change in Working Capital | $59M |
| OPERATING CASH FLOW | $208M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $3M |
| Purchases of Investments | -$20M |
| Sales/Maturities of Investments | $66M |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | $34M |
| Net Debt Issuance | -$40M |
| Common Stock Repurchased | -$11M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$45M |
| FREE CASH FLOW | $197M |
| Net Change in Cash | $197M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $310M |
| Short-Term Investments | $72M |
| Net Receivables | $247M |
| Inventory | $154M |
| Other Current Assets | $18M |
| TOTAL CURRENT ASSETS | $825M |
| PP&E (Net) | $168M |
| Goodwill | $288M |
| Intangible Assets | $144M |
| Long-Term Investments | $0 |
| Tax Assets | $35M |
| Other Non-Current Assets | $14M |
| TOTAL NON-CURRENT ASSETS | $648M |
| TOTAL ASSETS | $1.5B |
| Account Payables | $155M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $14M |
| TOTAL CURRENT LIABILITIES | $213M |
| Long-Term Debt | $100M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $57M |
| TOTAL NON-CURRENT LIABILITIES | $157M |
| TOTAL LIABILITIES | $369M |
| Common Stock | $1.2B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$141M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $100M |
| Net Debt | -$210M |
