| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $244M | $200M | $216M | 22.2% | 12.7% |
| Op. Income | $16M | $37M | $39M | -57.1% | -59.4% |
| Gross Margin | 46.7% | 46.2% | 46.2% | 0.5pp | 0.5pp |
| Net Margin | 14.3% | 16.4% | 14.7% | -2.1pp | -0.4pp |
| EPS (Diluted) | $0.43 | $0.40 | $0.45 | 7.5% | -4.4% |
| Free Cash Flow | $21M | -$2M | $34M | 1221.9% | -38.7% |
| Item | Amount |
|---|---|
| REVENUE | $244M |
| Cost of Revenue | $130M |
| GROSS PROFIT | $114M |
| R&D Expenses | $26M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $37M |
| Other Expenses | $35M |
| Operating Expenses | $98M |
| Cost & Expenses | $228M |
| OPERATING INCOME | $16M |
| Interest Income | $2M |
| Interest Expense | $264.0K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | -$18M |
| Net Income from Continuing Ops | $35M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $35M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $35M |
| D&A | $4M |
| EBIT | $17M |
| EBITDA | $21M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $244M |
| Cost of Revenue | $130M |
| GROSS PROFIT | $114M |
| R&D Expenses | $26M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $37M |
| Other Expenses | $35M |
| Operating Expenses | $98M |
| Cost & Expenses | $228M |
| OPERATING INCOME | $16M |
| Interest Income | $2M |
| Interest Expense | $264.0K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | -$18M |
| Net Income from Continuing Ops | $35M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $35M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $35M |
| D&A | $4M |
| EBIT | $17M |
| EBITDA | $21M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $35M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$15M |
| Other Non-Cash Items | $40M |
| Change in Working Capital | -$42M |
| OPERATING CASH FLOW | $25M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$31M |
| Sales/Maturities of Investments | $60M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | -$154.0K |
| Common Stock Repurchased | -$22.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $14.0K |
| NET CASH FROM FINANCING | -$162.0K |
| FREE CASH FLOW | $21M |
| Net Change in Cash | $20M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $455M |
| Short-Term Investments | $110M |
| Net Receivables | $214M |
| Inventory | $126M |
| Other Current Assets | $29M |
| TOTAL CURRENT ASSETS | $959M |
| PP&E (Net) | $66M |
| Goodwill | $46M |
| Intangible Assets | $46M |
| Long-Term Investments | $1M |
| Tax Assets | $28M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $189M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $87M |
| Short-Term Debt | $0 |
| Deferred Revenue | $35M |
| Other Current Liabilities | $20M |
| TOTAL CURRENT LIABILITIES | $199M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $32M |
| Other Non-Current Liabilities | $14M |
| TOTAL NON-CURRENT LIABILITIES | $63M |
| TOTAL LIABILITIES | $261M |
| Common Stock | $504M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $525M |
| Treasury Stock | -$140M |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $888M |
| Minority Interest | $0 |
| TOTAL EQUITY | $888M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $16M |
| Net Debt | -$439M |
