| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $296M | $505M | $233M | -41.3% | 27.2% |
| Op. Income | $25M | $103M | $13M | -76.1% | 93.3% |
| Gross Margin | 32.8% | 41.1% | 31.7% | -8.3pp | 1.1pp |
| Net Margin | 7.4% | 13.3% | 3.6% | -6.0pp | 3.8pp |
| EPS (Diluted) | $0.39 | $1.21 | $0.15 | -67.8% | 160.0% |
| Free Cash Flow | $10M | $132M | $21M | -92.1% | -49.8% |
| Item | Amount |
|---|---|
| REVENUE | $296M |
| Cost of Revenue | $199M |
| GROSS PROFIT | $97M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $73M |
| Other Expenses | $0 |
| Operating Expenses | $73M |
| Cost & Expenses | $272M |
| OPERATING INCOME | $25M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $9M |
| EBIT | $25M |
| EBITDA | $34M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $296M |
| Cost of Revenue | $199M |
| GROSS PROFIT | $97M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $73M |
| Other Expenses | $0 |
| Operating Expenses | $73M |
| Cost & Expenses | $272M |
| OPERATING INCOME | $25M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $9M |
| EBIT | $25M |
| EBITDA | $34M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $22M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $7.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $33M |
| Capital Expenditure | -$23M |
| Acquisitions (Net) | $22.5B |
| Purchases of Investments | -$49M |
| Sales/Maturities of Investments | $16M |
| Other Investing Activities | -$22.5B |
| NET CASH FROM INVESTING | -$56M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$7M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | $10M |
| Net Change in Cash | -$28M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $84M |
| Short-Term Investments | $190M |
| Net Receivables | $0 |
| Inventory | $215M |
| Other Current Assets | $37M |
| TOTAL CURRENT ASSETS | $529M |
| PP&E (Net) | $196M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $3M |
| Tax Assets | $5M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $206M |
| TOTAL ASSETS | $735M |
| Account Payables | $95M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $181M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $76M |
| TOTAL NON-CURRENT LIABILITIES | $76M |
| TOTAL LIABILITIES | $257M |
| Common Stock | $555.0K |
| Additional Paid-In Capital | $343M |
| Retained Earnings | $134M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $478M |
| Minority Interest | $0 |
| TOTAL EQUITY | $478M |
| TOTAL LIABILITIES & EQUITY | $735M |
| Total Debt | $0 |
| Net Debt | -$84M |
