| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $328M | $523M | $232M | -37.3% | 41.3% |
| Op. Income | $45M | $146M | $22M | -69.4% | 101.5% |
| Gross Margin | 50.1% | 48.8% | 49.7% | 1.3pp | 0.4pp |
| Net Margin | 10.7% | 23.3% | 6.0% | -12.6pp | 4.7pp |
| EPS (Diluted) | $0.52 | $1.83 | $0.21 | -71.6% | 147.6% |
| Free Cash Flow | $109M | $197M | $31M | -44.6% | 255.8% |
| Item | Amount |
|---|---|
| REVENUE | $328M |
| Cost of Revenue | $164M |
| GROSS PROFIT | $164M |
| R&D Expenses | $78M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $32M |
| Other Expenses | $10M |
| Operating Expenses | $120M |
| Cost & Expenses | $283M |
| OPERATING INCOME | $45M |
| Interest Income | $698.0K |
| Interest Expense | $580.0K |
| Other Income/Expenses | $200.0K |
| INCOME BEFORE TAX | $45M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $35M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $35M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $35M |
| D&A | $15M |
| EBIT | $45M |
| EBITDA | $61M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $328M |
| Cost of Revenue | $164M |
| GROSS PROFIT | $164M |
| R&D Expenses | $78M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $32M |
| Other Expenses | $10M |
| Operating Expenses | $120M |
| Cost & Expenses | $283M |
| OPERATING INCOME | $45M |
| Interest Income | $698.0K |
| Interest Expense | $580.0K |
| Other Income/Expenses | $200.0K |
| INCOME BEFORE TAX | $45M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $35M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $35M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $35M |
| D&A | $15M |
| EBIT | $45M |
| EBITDA | $61M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $35M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $6M |
| Other Non-Cash Items | $22M |
| Change in Working Capital | $36M |
| OPERATING CASH FLOW | $125M |
| Capital Expenditure | -$16M |
| Acquisitions (Net) | $527.0K |
| Purchases of Investments | -$83M |
| Sales/Maturities of Investments | $56M |
| Other Investing Activities | -$527.0K |
| NET CASH FROM INVESTING | -$43M |
| Net Debt Issuance | -$40M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$41M |
| FREE CASH FLOW | $109M |
| Net Change in Cash | $41M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $351M |
| Short-Term Investments | $100M |
| Net Receivables | $120M |
| Inventory | $168M |
| Other Current Assets | $12M |
| TOTAL CURRENT ASSETS | $776M |
| PP&E (Net) | $168M |
| Goodwill | $287M |
| Intangible Assets | $135M |
| Long-Term Investments | $0 |
| Tax Assets | $33M |
| Other Non-Current Assets | $15M |
| TOTAL NON-CURRENT ASSETS | $638M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $74M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $20M |
| TOTAL CURRENT LIABILITIES | $144M |
| Long-Term Debt | $60M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $58M |
| TOTAL NON-CURRENT LIABILITIES | $118M |
| TOTAL LIABILITIES | $262M |
| Common Stock | $64.0K |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | -$107M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$573.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $60M |
| Net Debt | -$291M |
