| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $317M | $295M | $262M | 7.2% | 20.8% |
| Op. Income | $37M | $38M | $31M | -2.5% | 20.0% |
| Gross Margin | 30.8% | 32.1% | 30.4% | -1.3pp | 0.4pp |
| Net Margin | 7.7% | 8.6% | 7.9% | -0.9pp | -0.2pp |
| EPS (Diluted) | $1.29 | $1.34 | $1.10 | -3.7% | 17.3% |
| Free Cash Flow | $27M | $18M | $38M | 46.6% | -29.7% |
| Item | Amount |
|---|---|
| REVENUE | $317M |
| Cost of Revenue | $219M |
| GROSS PROFIT | $98M |
| R&D Expenses | $674.0K |
| Selling & Marketing | $50M |
| General & Administrative | $10M |
| SG&A Expenses | $61M |
| Other Expenses | $3M |
| Operating Expenses | $61M |
| Cost & Expenses | $280M |
| OPERATING INCOME | $37M |
| Interest Income | $0 |
| Interest Expense | $545.0K |
| Other Income/Expenses | $920.0K |
| INCOME BEFORE TAX | $38M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $24M |
| D&A | $11M |
| EBIT | $37M |
| EBITDA | $49M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $317M |
| Cost of Revenue | $219M |
| GROSS PROFIT | $98M |
| R&D Expenses | $674.0K |
| Selling & Marketing | $50M |
| General & Administrative | $10M |
| SG&A Expenses | $61M |
| Other Expenses | $3M |
| Operating Expenses | $61M |
| Cost & Expenses | $280M |
| OPERATING INCOME | $37M |
| Interest Income | $0 |
| Interest Expense | $545.0K |
| Other Income/Expenses | $920.0K |
| INCOME BEFORE TAX | $38M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $24M |
| D&A | $11M |
| EBIT | $37M |
| EBITDA | $49M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $24M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $808.0K |
| Deferred Income Tax | $8M |
| Other Non-Cash Items | $130.0K |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $42M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | -$6M |
| Purchases of Investments | -$13M |
| Sales/Maturities of Investments | $8M |
| Other Investing Activities | $504.0K |
| NET CASH FROM INVESTING | -$25M |
| Net Debt Issuance | -$83.0K |
| Common Stock Repurchased | -$15M |
| Common Dividends Paid | -$8M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$20M |
| FREE CASH FLOW | $27M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $91M |
| Short-Term Investments | $59M |
| Net Receivables | $125M |
| Inventory | $103M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $382M |
| PP&E (Net) | $228M |
| Goodwill | $103M |
| Intangible Assets | $61M |
| Long-Term Investments | $91M |
| Tax Assets | $63M |
| Other Non-Current Assets | -$60M |
| TOTAL NON-CURRENT ASSETS | $485M |
| TOTAL ASSETS | $867M |
| Account Payables | $73M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $20M |
| TOTAL CURRENT LIABILITIES | $119M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $63M |
| Other Non-Current Liabilities | $65M |
| TOTAL NON-CURRENT LIABILITIES | $66M |
| TOTAL LIABILITIES | $185M |
| Common Stock | $17M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $674M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$9M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $682M |
| Minority Interest | $0 |
| TOTAL EQUITY | $682M |
| TOTAL LIABILITIES & EQUITY | $867M |
| Total Debt | $1M |
| Net Debt | -$90M |
