| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $214M | $216M | $150M | -1.0% | 42.8% |
| Op. Income | $39M | $37M | $19M | 6.1% | 105.5% |
| Gross Margin | 45.5% | 48.5% | 45.7% | -3.0pp | -0.2pp |
| Net Margin | -32.5% | 16.9% | 11.6% | -49.5pp | -44.2pp |
| EPS (Diluted) | $-0.98 | $0.51 | $0.22 | -292.2% | -545.5% |
| Free Cash Flow | $45M | $65M | $27M | -30.1% | 64.9% |
| Item | Amount |
|---|---|
| REVENUE | $214M |
| Cost of Revenue | $116M |
| GROSS PROFIT | $97M |
| R&D Expenses | $30M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $28M |
| Other Expenses | $0 |
| Operating Expenses | $58M |
| Cost & Expenses | $175M |
| OPERATING INCOME | $39M |
| Interest Income | $2M |
| Interest Expense | $266.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $41M |
| Income Tax Expense | $110M |
| Net Income from Continuing Ops | -$70M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$70M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$70M |
| D&A | $4M |
| EBIT | $41M |
| EBITDA | $46M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$70M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $21M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $88M |
| OPERATING CASH FLOW | $50M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$133M |
| Sales/Maturities of Investments | $90M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$48M |
| Net Debt Issuance | -$166.0K |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $55.0K |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | $45M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $391M |
| Short-Term Investments | $259M |
| Net Receivables | $174M |
| Inventory | $107M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $953M |
| PP&E (Net) | $72M |
| Goodwill | $57M |
| Intangible Assets | $61M |
| Long-Term Investments | $2M |
| Tax Assets | $12M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $205M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $68M |
| Short-Term Debt | $0 |
| Deferred Revenue | $26M |
| Other Current Liabilities | $22M |
| TOTAL CURRENT LIABILITIES | $167M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $27M |
| Other Non-Current Liabilities | $98M |
| TOTAL NON-CURRENT LIABILITIES | $142M |
| TOTAL LIABILITIES | $308M |
| Common Stock | $511M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $497M |
| Treasury Stock | -$161M |
| Accum. Other Comp. Income | $4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $850M |
| Minority Interest | $0 |
| TOTAL EQUITY | $850M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $16M |
| Net Debt | -$375M |
