| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $360M | $361M | $286M | -0.3% | 25.9% |
| Op. Income | $141M | $148M | $101M | -4.8% | 39.0% |
| Gross Margin | 56.5% | 57.8% | 55.0% | -1.3pp | 1.5pp |
| Net Margin | 29.5% | 14.7% | 26.2% | 14.9pp | 3.3pp |
| EPS (Diluted) | $1.93 | $0.96 | $1.38 | 101.0% | 39.9% |
| Free Cash Flow | $61M | $80M | $29M | -24.6% | 109.2% |
| Item | Amount |
|---|---|
| REVENUE | $360M |
| Cost of Revenue | $157M |
| GROSS PROFIT | $203M |
| R&D Expenses | $29M |
| Selling & Marketing | $14M |
| General & Administrative | $25M |
| SG&A Expenses | $39M |
| Other Expenses | -$5M |
| Operating Expenses | $62M |
| Cost & Expenses | $219M |
| OPERATING INCOME | $141M |
| Interest Income | $311.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $754.0K |
| INCOME BEFORE TAX | $142M |
| Income Tax Expense | $36M |
| Net Income from Continuing Ops | $106M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $106M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $106M |
| D&A | $19M |
| EBIT | $136M |
| EBITDA | $155M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $360M |
| Cost of Revenue | $157M |
| GROSS PROFIT | $203M |
| R&D Expenses | $29M |
| Selling & Marketing | $14M |
| General & Administrative | $25M |
| SG&A Expenses | $39M |
| Other Expenses | -$5M |
| Operating Expenses | $62M |
| Cost & Expenses | $219M |
| OPERATING INCOME | $141M |
| Interest Income | $311.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $754.0K |
| INCOME BEFORE TAX | $142M |
| Income Tax Expense | $36M |
| Net Income from Continuing Ops | $106M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $106M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $106M |
| D&A | $19M |
| EBIT | $136M |
| EBITDA | $155M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $106M |
| Depreciation & Amortization | $19M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $7M |
| Other Non-Cash Items | $7M |
| Change in Working Capital | -$47M |
| OPERATING CASH FLOW | $100M |
| Capital Expenditure | -$39M |
| Acquisitions (Net) | $210.0K |
| Purchases of Investments | -$71M |
| Sales/Maturities of Investments | $70M |
| Other Investing Activities | $76.0K |
| NET CASH FROM INVESTING | -$39M |
| Net Debt Issuance | -$895.0K |
| Common Stock Repurchased | -$20M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | -$18M |
| FREE CASH FLOW | $61M |
| Net Change in Cash | $59M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $969M |
| Short-Term Investments | $207M |
| Net Receivables | $235M |
| Inventory | $356M |
| Other Current Assets | $55M |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $479M |
| Goodwill | $56M |
| Intangible Assets | $49M |
| Long-Term Investments | $18.0K |
| Tax Assets | $25M |
| Other Non-Current Assets | $24M |
| TOTAL NON-CURRENT ASSETS | $633M |
| TOTAL ASSETS | $2.5B |
| Account Payables | $33M |
| Short-Term Debt | $4M |
| Deferred Revenue | $50M |
| Other Current Liabilities | $82M |
| TOTAL CURRENT LIABILITIES | $196M |
| Long-Term Debt | $44M |
| Deferred Revenue NC | -$113M |
| Deferred Tax Liabilities | $113M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $157M |
| TOTAL LIABILITIES | $353M |
| Common Stock | $5.0K |
| Additional Paid-In Capital | $714M |
| Retained Earnings | $1.6B |
| Treasury Stock | -$69M |
| Accum. Other Comp. Income | -$51M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $2.5B |
| Total Debt | $48M |
| Net Debt | -$921M |
