| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $306M | $267M | $278M | 14.3% | 10.1% |
| Op. Income | $96M | $63M | $81M | 51.6% | 18.2% |
| Gross Margin | 89.5% | 89.9% | 91.1% | -0.4pp | -1.6pp |
| Net Margin | 24.9% | 18.9% | 22.9% | 6.0pp | 2.0pp |
| EPS (Diluted) | $0.73 | $0.49 | $0.62 | 49.0% | 17.7% |
| Free Cash Flow | $108M | $55M | $85M | 96.7% | 25.9% |
| Item | Amount |
|---|---|
| REVENUE | $306M |
| Cost of Revenue | $32M |
| GROSS PROFIT | $274M |
| R&D Expenses | $60M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $118M |
| Other Expenses | $0 |
| Operating Expenses | $178M |
| Cost & Expenses | $210M |
| OPERATING INCOME | $96M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | $371.0K |
| INCOME BEFORE TAX | $96M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $76M |
| Net Income from Discontinued Ops | $0 |
| NET INCOME | $76M |
| BOTTOM LINE NET INCOME | $76M |
| D&A | $20M |
| EBIT | $96M |
| EBITDA | $117M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $306M |
| Cost of Revenue | $32M |
| GROSS PROFIT | $274M |
| R&D Expenses | $60M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $118M |
| Other Expenses | $0 |
| Operating Expenses | $178M |
| Cost & Expenses | $210M |
| OPERATING INCOME | $96M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | $371.0K |
| INCOME BEFORE TAX | $96M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $76M |
| Net Income from Discontinued Ops | $0 |
| NET INCOME | $76M |
| BOTTOM LINE NET INCOME | $76M |
| D&A | $20M |
| EBIT | $96M |
| EBITDA | $117M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $76M |
| Depreciation & Amortization | $20M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $25M |
| OPERATING CASH FLOW | $138M |
| Capital Expenditure | -$30M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$106M |
| Sales/Maturities of Investments | $74M |
| Other Investing Activities | -$435.0K |
| NET CASH FROM INVESTING | -$63M |
| Common Stock Repurchased | -$26M |
| Common Dividends Paid | -$14M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$17M |
| FREE CASH FLOW | $108M |
| Net Change in Cash | $60M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $599M |
| Short-Term Investments | $248M |
| Net Receivables | $85M |
| Inventory | $20M |
| Other Current Assets | $10M |
| TOTAL CURRENT ASSETS | $978M |
| PP&E (Net) | $476M |
| Goodwill | $310M |
| Intangible Assets | $196M |
| Long-Term Investments | $303M |
| Tax Assets | $178M |
| Other Non-Current Assets | $30M |
| TOTAL NON-CURRENT ASSETS | $1.5B |
| TOTAL ASSETS | $2.5B |
| Account Payables | $13M |
| Short-Term Debt | $0 |
| Deferred Revenue | $23M |
| Other Current Liabilities | $105M |
| TOTAL CURRENT LIABILITIES | $213M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $36M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $101M |
| TOTAL NON-CURRENT LIABILITIES | $137M |
| TOTAL LIABILITIES | $351M |
| Common Stock | $101.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $2.1B |
| Accum. Other Comp. Income | -$12M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $7M |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $2.5B |
| Total Debt | $0 |
| Net Debt | -$599M |
