| Metric | Q2 2017 | Q1 2017 | Q2 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $200M | $150M | $156M | 33.4% | 27.6% |
| Op. Income | $37M | $19M | $12M | 91.5% | 211.8% |
| Gross Margin | 46.2% | 45.7% | 44.5% | 0.5pp | 1.7pp |
| Net Margin | 16.4% | 11.6% | 3.3% | 4.7pp | 13.1pp |
| EPS (Diluted) | $0.40 | $0.22 | $0.07 | 81.8% | 471.4% |
| Free Cash Flow | -$2M | $27M | -$10M | -106.7% | 81.3% |
| Item | Amount |
|---|---|
| REVENUE | $200M |
| Cost of Revenue | $107M |
| GROSS PROFIT | $92M |
| R&D Expenses | $25M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $31M |
| Other Expenses | $0 |
| Operating Expenses | $56M |
| Cost & Expenses | $163M |
| OPERATING INCOME | $37M |
| Interest Income | $2M |
| Interest Expense | $261.0K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $38M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $33M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $33M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $33M |
| D&A | $4M |
| EBIT | $38M |
| EBITDA | $42M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $200M |
| Cost of Revenue | $107M |
| GROSS PROFIT | $92M |
| R&D Expenses | $25M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $31M |
| Other Expenses | $0 |
| Operating Expenses | $56M |
| Cost & Expenses | $163M |
| OPERATING INCOME | $37M |
| Interest Income | $2M |
| Interest Expense | $261.0K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $38M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $33M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $33M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $33M |
| D&A | $4M |
| EBIT | $38M |
| EBITDA | $42M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $33M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$35M |
| OPERATING CASH FLOW | $13M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$139M |
| Sales/Maturities of Investments | $124M |
| Other Investing Activities | $23.0K |
| NET CASH FROM INVESTING | -$154M |
| Net Debt Issuance | -$148.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$637.0K |
| NET CASH FROM FINANCING | -$785.0K |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$142M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $435M |
| Short-Term Investments | $139M |
| Net Receivables | $170M |
| Inventory | $99M |
| Other Current Assets | $17M |
| TOTAL CURRENT ASSETS | $859M |
| PP&E (Net) | $66M |
| Goodwill | $81M |
| Intangible Assets | $48M |
| Long-Term Investments | $1M |
| Tax Assets | $17M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $215M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $81M |
| Short-Term Debt | $0 |
| Deferred Revenue | $17M |
| Other Current Liabilities | $15M |
| TOTAL CURRENT LIABILITIES | $156M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $33M |
| Other Non-Current Liabilities | $14M |
| TOTAL NON-CURRENT LIABILITIES | $63M |
| TOTAL LIABILITIES | $219M |
| Common Stock | $505M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $495M |
| Treasury Stock | -$139M |
| Accum. Other Comp. Income | -$6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $855M |
| Minority Interest | $0 |
| TOTAL EQUITY | $855M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $16M |
| Net Debt | -$419M |
