| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $393M | $369M | $266M | 6.3% | 47.6% |
| Op. Income | $160M | $141M | $94M | 13.5% | 70.3% |
| Gross Margin | 57.2% | 55.9% | 54.4% | 1.3pp | 2.8pp |
| Net Margin | 29.4% | 28.2% | 26.0% | 1.3pp | 3.4pp |
| EPS (Diluted) | $2.11 | $1.91 | $1.29 | 10.5% | 63.6% |
| Free Cash Flow | $108M | $61M | $57M | 78.7% | 90.0% |
| Item | Amount |
|---|---|
| REVENUE | $393M |
| Cost of Revenue | $168M |
| GROSS PROFIT | $225M |
| R&D Expenses | $26M |
| Selling & Marketing | $13M |
| General & Administrative | $21M |
| SG&A Expenses | $35M |
| Other Expenses | $4M |
| Operating Expenses | $64M |
| Cost & Expenses | $232M |
| OPERATING INCOME | $160M |
| Interest Income | $0 |
| Interest Expense | $125.0K |
| Other Income/Expenses | $334.0K |
| INCOME BEFORE TAX | $161M |
| Income Tax Expense | $45M |
| Net Income from Continuing Ops | $116M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $116M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $116M |
| D&A | $17M |
| EBIT | $164M |
| EBITDA | $181M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $393M |
| Cost of Revenue | $168M |
| GROSS PROFIT | $225M |
| R&D Expenses | $26M |
| Selling & Marketing | $13M |
| General & Administrative | $21M |
| SG&A Expenses | $35M |
| Other Expenses | $4M |
| Operating Expenses | $64M |
| Cost & Expenses | $232M |
| OPERATING INCOME | $160M |
| Interest Income | $0 |
| Interest Expense | $125.0K |
| Other Income/Expenses | $334.0K |
| INCOME BEFORE TAX | $161M |
| Income Tax Expense | $45M |
| Net Income from Continuing Ops | $116M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $116M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $116M |
| D&A | $17M |
| EBIT | $164M |
| EBITDA | $181M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $116M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $10M |
| Other Non-Cash Items | $15M |
| Change in Working Capital | $912.0K |
| OPERATING CASH FLOW | $164M |
| Capital Expenditure | -$56M |
| Acquisitions (Net) | -$39M |
| Purchases of Investments | -$75M |
| Sales/Maturities of Investments | $32M |
| Other Investing Activities | $225.0K |
| NET CASH FROM INVESTING | -$138M |
| Net Debt Issuance | $27M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $6M |
| NET CASH FROM FINANCING | $31M |
| FREE CASH FLOW | $108M |
| Net Change in Cash | $72M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $880M |
| Short-Term Investments | $166M |
| Net Receivables | $227M |
| Inventory | $282M |
| Other Current Assets | $47M |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $441M |
| Goodwill | $51M |
| Intangible Assets | $50M |
| Long-Term Investments | $30.0K |
| Tax Assets | $41M |
| Other Non-Current Assets | $21M |
| TOTAL NON-CURRENT ASSETS | $604M |
| TOTAL ASSETS | $2.2B |
| Account Payables | $34M |
| Short-Term Debt | $4M |
| Deferred Revenue | $43M |
| Other Current Liabilities | $74M |
| TOTAL CURRENT LIABILITIES | $182M |
| Long-Term Debt | $46M |
| Deferred Revenue NC | -$58M |
| Deferred Tax Liabilities | $58M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $105M |
| TOTAL LIABILITIES | $287M |
| Common Stock | $5.0K |
| Additional Paid-In Capital | $693M |
| Retained Earnings | $1.4B |
| Treasury Stock | -$36M |
| Accum. Other Comp. Income | -$89M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $2.2B |
| Total Debt | $50M |
| Net Debt | -$830M |
