| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $251M | $218M | $122M | 15.1% | 105.6% |
| Op. Income | $48M | $82M | $82M | -41.6% | -41.5% |
| Gross Margin | 60.0% | 79.5% | 85.4% | -19.5pp | -25.3pp |
| Net Margin | 18.4% | 36.2% | 55.7% | -17.8pp | -37.3pp |
| EPS (Diluted) | $0.14 | $0.24 | $0.21 | -43.1% | -32.6% |
| Free Cash Flow | $55M | $107M | $78M | -48.2% | -28.8% |
| Item | Amount |
|---|---|
| REVENUE | $251M |
| Cost of Revenue | $100M |
| GROSS PROFIT | $151M |
| R&D Expenses | $6M |
| Selling & Marketing | $18M |
| General & Administrative | $8M |
| SG&A Expenses | $26M |
| Other Expenses | $70M |
| Operating Expenses | $103M |
| Cost & Expenses | $203M |
| OPERATING INCOME | $48M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | -$279.1K |
| INCOME BEFORE TAX | $47M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $46M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $46M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $46M |
| D&A | $81.3K |
| EBIT | $48M |
| EBITDA | $48M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $251M |
| Cost of Revenue | $100M |
| GROSS PROFIT | $151M |
| R&D Expenses | $6M |
| Selling & Marketing | $18M |
| General & Administrative | $8M |
| SG&A Expenses | $26M |
| Other Expenses | $70M |
| Operating Expenses | $103M |
| Cost & Expenses | $203M |
| OPERATING INCOME | $48M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | -$279.1K |
| INCOME BEFORE TAX | $47M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $46M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $46M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $46M |
| D&A | $81.3K |
| EBIT | $48M |
| EBITDA | $48M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $46M |
| Depreciation & Amortization | $81.3K |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $68M |
| Change in Working Capital | -$46M |
| OPERATING CASH FLOW | $71M |
| Capital Expenditure | -$16M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$156M |
| Sales/Maturities of Investments | $200M |
| Other Investing Activities | -$214M |
| NET CASH FROM INVESTING | -$186M |
| Net Debt Issuance | -$285M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $9M |
| NET CASH FROM FINANCING | -$275M |
| FREE CASH FLOW | $55M |
| Net Change in Cash | -$411M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $838M |
| Short-Term Investments | $0 |
| Net Receivables | $1.5B |
| Inventory | $0 |
| Other Current Assets | $195M |
| TOTAL CURRENT ASSETS | $2.5B |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $847.9K |
| Long-Term Investments | $7M |
| Tax Assets | $25M |
| Other Non-Current Assets | $70M |
| TOTAL NON-CURRENT ASSETS | $104M |
| TOTAL ASSETS | $2.6B |
| Account Payables | $0 |
| Short-Term Debt | $914M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $37M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $37M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $32.6K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $422M |
| Treasury Stock | -$62M |
| Accum. Other Comp. Income | -$32M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $2.6B |
| Total Debt | $951M |
| Net Debt | $113M |
