| Metric | FY 2017 | Prior Q | FY 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $317M | — | $147M | — | 115.8% |
| Op. Income | $81M | — | -$83M | — | 197.3% |
| Gross Margin | 90.2% | — | 77.4% | — | 12.8pp |
| Net Margin | 19.9% | — | -70.2% | — | 90.1pp |
| EPS (Diluted) | $0.45 | — | $-0.81 | — | 155.6% |
| Free Cash Flow | $133M | — | -$54M | — | 348.0% |
| Item | Amount |
|---|---|
| REVENUE | $317M |
| Cost of Revenue | $31M |
| GROSS PROFIT | $285M |
| R&D Expenses | $151M |
| Selling & Marketing | $0 |
| General & Administrative | $54M |
| SG&A Expenses | $54M |
| Other Expenses | $0 |
| Operating Expenses | $204M |
| Cost & Expenses | $236M |
| OPERATING INCOME | $81M |
| Interest Income | $0 |
| Interest Expense | $22M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | $62M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | $63M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $63M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $63M |
| D&A | $2M |
| EBIT | $81M |
| EBITDA | $83M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $317M |
| Cost of Revenue | $31M |
| GROSS PROFIT | $285M |
| R&D Expenses | $151M |
| Selling & Marketing | $0 |
| General & Administrative | $54M |
| SG&A Expenses | $54M |
| Other Expenses | $0 |
| Operating Expenses | $204M |
| Cost & Expenses | $236M |
| OPERATING INCOME | $81M |
| Interest Income | $0 |
| Interest Expense | $22M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | $62M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | $63M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $63M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $63M |
| D&A | $2M |
| EBIT | $81M |
| EBITDA | $83M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $63M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $31M |
| Deferred Income Tax | -$257.0K |
| Other Non-Cash Items | $18M |
| Change in Working Capital | $21M |
| OPERATING CASH FLOW | $134M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$398M |
| Sales/Maturities of Investments | $236M |
| Other Investing Activities | -$162M |
| NET CASH FROM INVESTING | -$164M |
| Net Debt Issuance | -$16M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $13M |
| NET CASH FROM FINANCING | $132M |
| FREE CASH FLOW | $133M |
| Net Change in Cash | $102M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $169M |
| Short-Term Investments | $300M |
| Net Receivables | $22M |
| Inventory | $5M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $510M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $10M |
| TOTAL ASSETS | $520M |
| Account Payables | $8M |
| Short-Term Debt | $77M |
| Deferred Revenue | $7M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $131M |
| Long-Term Debt | $125M |
| Deferred Revenue NC | $54M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $814.0K |
| TOTAL NON-CURRENT LIABILITIES | $180M |
| TOTAL LIABILITIES | $312M |
| Common Stock | $143.0K |
| Additional Paid-In Capital | $731M |
| Retained Earnings | -$522M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$450.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $208M |
| Minority Interest | $0 |
| TOTAL EQUITY | $208M |
| TOTAL LIABILITIES & EQUITY | $520M |
| Total Debt | $202M |
| Net Debt | $34M |
