| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $265M | $317M | $226M | -16.3% | 17.6% |
| Op. Income | $21M | $37M | $19M | -42.4% | 9.8% |
| Gross Margin | 27.6% | 30.8% | 29.2% | -3.2pp | -1.6pp |
| Net Margin | 13.7% | 7.7% | 6.0% | 6.0pp | 7.7pp |
| EPS (Diluted) | $1.93 | $1.29 | $0.72 | 49.6% | 168.1% |
| Free Cash Flow | $11M | $27M | $15M | -57.4% | -23.4% |
| Item | Amount |
|---|---|
| REVENUE | $265M |
| Cost of Revenue | $192M |
| GROSS PROFIT | $73M |
| R&D Expenses | $0 |
| Selling & Marketing | $43M |
| General & Administrative | $9M |
| SG&A Expenses | $52M |
| Other Expenses | $0 |
| Operating Expenses | $52M |
| Cost & Expenses | $244M |
| OPERATING INCOME | $21M |
| Interest Income | $509.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $23M |
| Income Tax Expense | -$13M |
| Net Income from Continuing Ops | $36M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $36M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $36M |
| D&A | $12M |
| EBIT | $23M |
| EBITDA | $21M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $265M |
| Cost of Revenue | $192M |
| GROSS PROFIT | $73M |
| R&D Expenses | $0 |
| Selling & Marketing | $43M |
| General & Administrative | $9M |
| SG&A Expenses | $52M |
| Other Expenses | $0 |
| Operating Expenses | $52M |
| Cost & Expenses | $244M |
| OPERATING INCOME | $21M |
| Interest Income | $509.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $23M |
| Income Tax Expense | -$13M |
| Net Income from Continuing Ops | $36M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $36M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $36M |
| D&A | $12M |
| EBIT | $23M |
| EBITDA | $21M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $36M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $953.0K |
| Deferred Income Tax | -$18M |
| Other Non-Cash Items | -$325.0K |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $26M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | $1M |
| Purchases of Investments | -$31M |
| Sales/Maturities of Investments | $19M |
| Other Investing Activities | $27.0K |
| NET CASH FROM INVESTING | -$25M |
| Net Debt Issuance | -$90.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$8M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$8M |
| FREE CASH FLOW | $11M |
| Net Change in Cash | -$10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $81M |
| Short-Term Investments | $49M |
| Net Receivables | $110M |
| Inventory | $113M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $357M |
| PP&E (Net) | $230M |
| Goodwill | $103M |
| Intangible Assets | $60M |
| Long-Term Investments | $112M |
| Tax Assets | $44M |
| Other Non-Current Assets | -$42M |
| TOTAL NON-CURRENT ASSETS | $508M |
| TOTAL ASSETS | $865M |
| Account Payables | $68M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $12M |
| TOTAL CURRENT LIABILITIES | $110M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $44M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $47M |
| TOTAL LIABILITIES | $158M |
| Common Stock | $19M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $702M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$13M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $707M |
| Minority Interest | $0 |
| TOTAL EQUITY | $707M |
| TOTAL LIABILITIES & EQUITY | $865M |
| Total Debt | $1M |
| Net Debt | -$80M |
