| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $254M | $153M | $71M | 65.7% | 255.8% |
| Op. Income | $111M | $35M | -$53M | 220.1% | 308.5% |
| Gross Margin | 55.0% | 37.2% | -7.9% | 17.8pp | 62.8pp |
| Net Margin | 42.6% | 22.2% | -86.6% | 20.4pp | 129.2pp |
| EPS (Diluted) | $2.06 | $0.65 | $-1.17 | 216.9% | 276.1% |
| Free Cash Flow | $54M | $9M | -$46M | 495.5% | 217.5% |
| Item | Amount |
|---|---|
| REVENUE | $254M |
| Cost of Revenue | $114M |
| GROSS PROFIT | $140M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $130M |
| Operating Expenses | $20M |
| Cost & Expenses | $134M |
| OPERATING INCOME | $111M |
| Interest Income | $0 |
| Interest Expense | $608.0K |
| Other Income/Expenses | -$608.0K |
| INCOME BEFORE TAX | $110M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $108M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $108M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $108M |
| D&A | $15M |
| EBIT | $111M |
| EBITDA | $125M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $254M |
| Cost of Revenue | $114M |
| GROSS PROFIT | $140M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $130M |
| Operating Expenses | $20M |
| Cost & Expenses | $134M |
| OPERATING INCOME | $111M |
| Interest Income | $0 |
| Interest Expense | $608.0K |
| Other Income/Expenses | -$608.0K |
| INCOME BEFORE TAX | $110M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $108M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $108M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $108M |
| D&A | $15M |
| EBIT | $111M |
| EBITDA | $125M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $108M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$59M |
| OPERATING CASH FLOW | $66M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$11M |
| NET CASH FROM INVESTING | -$11M |
| Net Debt Issuance | -$765.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$190M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$191M |
| FREE CASH FLOW | $54M |
| Net Change in Cash | -$137M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $13M |
| Short-Term Investments | $18M |
| Net Receivables | $102M |
| Inventory | $72M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $220M |
| PP&E (Net) | $630M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $2M |
| Other Non-Current Assets | $15M |
| TOTAL NON-CURRENT ASSETS | $646M |
| TOTAL ASSETS | $866M |
| Account Payables | $16M |
| Short-Term Debt | $3M |
| Deferred Revenue | $43M |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $68M |
| Long-Term Debt | $3M |
| Deferred Revenue NC | $97M |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $125M |
| TOTAL NON-CURRENT LIABILITIES | $130M |
| TOTAL LIABILITIES | $198M |
| Common Stock | $534.0K |
| Additional Paid-In Capital | $609M |
| Retained Earnings | $59M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $668M |
| Minority Interest | $0 |
| TOTAL EQUITY | $668M |
| TOTAL LIABILITIES & EQUITY | $866M |
| Total Debt | $6M |
| Net Debt | -$8M |
