| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $300M | — | $266M | — | 12.5% |
| Op. Income | $94M | — | $66M | — | 41.9% |
| Gross Margin | 89.7% | — | 88.7% | — | 0.9pp |
| Net Margin | -17.8% | — | 20.0% | — | -37.8pp |
| EPS (Diluted) | $-0.80 | — | $0.51 | — | -256.9% |
| Free Cash Flow | -$13M | — | $48M | — | -127.7% |
| Item | Amount |
|---|---|
| REVENUE | $300M |
| Cost of Revenue | $31M |
| GROSS PROFIT | $269M |
| R&D Expenses | $56M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $118M |
| Other Expenses | $0 |
| Operating Expenses | $175M |
| Cost & Expenses | $206M |
| OPERATING INCOME | $94M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $97M |
| Income Tax Expense | $150M |
| Net Income from Continuing Ops | -$53M |
| Net Income from Discontinued Ops | $0 |
| NET INCOME | -$53M |
| BOTTOM LINE NET INCOME | -$53M |
| D&A | $20M |
| EBIT | $97M |
| EBITDA | $116M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$53M |
| Depreciation & Amortization | $20M |
| Stock-Based Compensation | $19M |
| Deferred Income Tax | $33M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $17M |
| Capital Expenditure | -$30M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$74M |
| Sales/Maturities of Investments | $78M |
| Other Investing Activities | -$11M |
| NET CASH FROM INVESTING | -$27M |
| Common Stock Repurchased | -$45M |
| Common Dividends Paid | -$16M |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$21M |
| FREE CASH FLOW | -$13M |
| Net Change in Cash | -$30M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $604M |
| Short-Term Investments | $253M |
| Net Receivables | $123M |
| Inventory | $25M |
| Other Current Assets | $13M |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $493M |
| Goodwill | $311M |
| Intangible Assets | $195M |
| Long-Term Investments | $304M |
| Tax Assets | $140M |
| Other Non-Current Assets | $36M |
| TOTAL NON-CURRENT ASSETS | $1.5B |
| TOTAL ASSETS | $2.5B |
| Account Payables | $14M |
| Short-Term Debt | $0 |
| Deferred Revenue | $23M |
| Other Current Liabilities | $118M |
| TOTAL CURRENT LIABILITIES | $223M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $37M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $199M |
| TOTAL NON-CURRENT LIABILITIES | $236M |
| TOTAL LIABILITIES | $459M |
| Common Stock | $102.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $2.0B |
| Accum. Other Comp. Income | -$8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $6M |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $2.5B |
| Total Debt | $0 |
| Net Debt | -$604M |
