| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $505M | $257M | $388M | 96.3% | 30.1% |
| Op. Income | $103M | $15M | $79M | 598.7% | 31.2% |
| Gross Margin | 41.1% | 32.5% | 41.1% | 8.6pp | 0.0pp |
| Net Margin | 13.3% | 3.8% | 12.8% | 9.5pp | 0.5pp |
| EPS (Diluted) | $1.21 | $0.18 | $0.90 | 572.2% | 34.4% |
| Free Cash Flow | $132M | -$34M | $100M | 492.6% | 31.5% |
| Item | Amount |
|---|---|
| REVENUE | $505M |
| Cost of Revenue | $297M |
| GROSS PROFIT | $207M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $104M |
| Other Expenses | $0 |
| Operating Expenses | $104M |
| Cost & Expenses | $401M |
| OPERATING INCOME | $103M |
| Interest Income | $556.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $556.0K |
| INCOME BEFORE TAX | $104M |
| Income Tax Expense | $37M |
| Net Income from Continuing Ops | $67M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $67M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $67M |
| D&A | $9M |
| EBIT | $103M |
| EBITDA | $113M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $505M |
| Cost of Revenue | $297M |
| GROSS PROFIT | $207M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $104M |
| Other Expenses | $0 |
| Operating Expenses | $104M |
| Cost & Expenses | $401M |
| OPERATING INCOME | $103M |
| Interest Income | $556.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $556.0K |
| INCOME BEFORE TAX | $104M |
| Income Tax Expense | $37M |
| Net Income from Continuing Ops | $67M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $67M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $67M |
| D&A | $9M |
| EBIT | $103M |
| EBITDA | $113M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $67M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | $71.0K |
| Change in Working Capital | $66M |
| OPERATING CASH FLOW | $150M |
| Capital Expenditure | -$18M |
| Acquisitions (Net) | -$3M |
| Purchases of Investments | -$110M |
| Sales/Maturities of Investments | $31M |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$98M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$441.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $6M |
| NET CASH FROM FINANCING | $5M |
| FREE CASH FLOW | $132M |
| Net Change in Cash | $58M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $113M |
| Short-Term Investments | $132M |
| Net Receivables | $0 |
| Inventory | $187M |
| Other Current Assets | $28M |
| TOTAL CURRENT ASSETS | $479M |
| PP&E (Net) | $180M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $28M |
| Tax Assets | $7M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $216M |
| TOTAL ASSETS | $696M |
| Account Payables | $73M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $164M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $73M |
| TOTAL NON-CURRENT LIABILITIES | $73M |
| TOTAL LIABILITIES | $237M |
| Common Stock | $554.0K |
| Additional Paid-In Capital | $346M |
| Retained Earnings | $112M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $459M |
| Minority Interest | $0 |
| TOTAL EQUITY | $459M |
| TOTAL LIABILITIES & EQUITY | $696M |
| Total Debt | $0 |
| Net Debt | -$113M |
