| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $361M | $393M | $280M | -8.0% | 28.9% |
| Op. Income | $148M | $160M | $105M | -7.5% | 40.9% |
| Gross Margin | 57.8% | 57.2% | 55.5% | 0.6pp | 2.4pp |
| Net Margin | 14.7% | 29.4% | 26.8% | -14.8pp | -12.2pp |
| EPS (Diluted) | $0.96 | $2.11 | $1.39 | -54.5% | -30.9% |
| Free Cash Flow | $80M | $108M | $74M | -25.8% | 8.6% |
| Item | Amount |
|---|---|
| REVENUE | $361M |
| Cost of Revenue | $152M |
| GROSS PROFIT | $209M |
| R&D Expenses | $27M |
| Selling & Marketing | $13M |
| General & Administrative | $22M |
| SG&A Expenses | $35M |
| Other Expenses | -$1M |
| Operating Expenses | $61M |
| Cost & Expenses | $213M |
| OPERATING INCOME | $148M |
| Interest Income | $0 |
| Interest Expense | $737.0K |
| Other Income/Expenses | $155.0K |
| INCOME BEFORE TAX | $148M |
| Income Tax Expense | $95M |
| Net Income from Continuing Ops | $53M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $53M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $53M |
| D&A | $18M |
| EBIT | $147M |
| EBITDA | $165M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $361M |
| Cost of Revenue | $152M |
| GROSS PROFIT | $209M |
| R&D Expenses | $27M |
| Selling & Marketing | $13M |
| General & Administrative | $22M |
| SG&A Expenses | $35M |
| Other Expenses | -$1M |
| Operating Expenses | $61M |
| Cost & Expenses | $213M |
| OPERATING INCOME | $148M |
| Interest Income | $0 |
| Interest Expense | $737.0K |
| Other Income/Expenses | $155.0K |
| INCOME BEFORE TAX | $148M |
| Income Tax Expense | $95M |
| Net Income from Continuing Ops | $53M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $53M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $53M |
| D&A | $18M |
| EBIT | $147M |
| EBITDA | $165M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $53M |
| Depreciation & Amortization | $18M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $8M |
| Other Non-Cash Items | $10M |
| Change in Working Capital | $12M |
| OPERATING CASH FLOW | $108M |
| Capital Expenditure | -$27M |
| Acquisitions (Net) | -$9M |
| Purchases of Investments | -$65M |
| Sales/Maturities of Investments | $24M |
| Other Investing Activities | $589.0K |
| NET CASH FROM INVESTING | -$77M |
| Net Debt Issuance | -$891.0K |
| Common Stock Repurchased | -$13M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $5M |
| NET CASH FROM FINANCING | -$9M |
| FREE CASH FLOW | $80M |
| Net Change in Cash | $30M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $910M |
| Short-Term Investments | $206M |
| Net Receivables | $237M |
| Inventory | $308M |
| Other Current Assets | $48M |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $460M |
| Goodwill | $56M |
| Intangible Assets | $51M |
| Long-Term Investments | $16.0K |
| Tax Assets | $32M |
| Other Non-Current Assets | $19M |
| TOTAL NON-CURRENT ASSETS | $618M |
| TOTAL ASSETS | $2.4B |
| Account Payables | $35M |
| Short-Term Debt | $4M |
| Deferred Revenue | $47M |
| Other Current Liabilities | $81M |
| TOTAL CURRENT LIABILITIES | $199M |
| Long-Term Debt | $45M |
| Deferred Revenue NC | $101M |
| Deferred Tax Liabilities | $105M |
| Other Non-Current Liabilities | -$101M |
| TOTAL NON-CURRENT LIABILITIES | $151M |
| TOTAL LIABILITIES | $350M |
| Common Stock | $5.0K |
| Additional Paid-In Capital | $705M |
| Retained Earnings | $1.4B |
| Treasury Stock | -$49M |
| Accum. Other Comp. Income | -$77M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $2.4B |
| Total Debt | $49M |
| Net Debt | -$861M |
