| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $216M | $244M | $146M | -11.5% | 48.0% |
| Op. Income | $37M | $16M | $4M | 135.5% | 843.1% |
| Gross Margin | 48.5% | 46.7% | 45.7% | 1.8pp | 2.8pp |
| Net Margin | 16.9% | 14.3% | 7.1% | 2.7pp | 9.9pp |
| EPS (Diluted) | $0.51 | $0.43 | $0.15 | 18.6% | 240.0% |
| Free Cash Flow | $65M | $21M | $32M | 214.0% | 99.3% |
| Item | Amount |
|---|---|
| REVENUE | $216M |
| Cost of Revenue | $111M |
| GROSS PROFIT | $105M |
| R&D Expenses | $28M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $40M |
| Other Expenses | $0 |
| Operating Expenses | $68M |
| Cost & Expenses | $179M |
| OPERATING INCOME | $37M |
| Interest Income | $2M |
| Interest Expense | $272.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $39M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $5M |
| EBIT | $39M |
| EBITDA | $43M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $216M |
| Cost of Revenue | $111M |
| GROSS PROFIT | $105M |
| R&D Expenses | $28M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $40M |
| Other Expenses | $0 |
| Operating Expenses | $68M |
| Cost & Expenses | $179M |
| OPERATING INCOME | $37M |
| Interest Income | $2M |
| Interest Expense | $272.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $39M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $5M |
| EBIT | $39M |
| EBITDA | $43M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $37M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$7M |
| Other Non-Cash Items | $12M |
| Change in Working Capital | $20M |
| OPERATING CASH FLOW | $68M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | -$27M |
| Purchases of Investments | -$135M |
| Sales/Maturities of Investments | $29M |
| Other Investing Activities | $28M |
| NET CASH FROM INVESTING | -$109M |
| Net Debt Issuance | -$160.0K |
| Common Stock Repurchased | -$18M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$22M |
| FREE CASH FLOW | $65M |
| Net Change in Cash | -$63M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $392M |
| Short-Term Investments | $216M |
| Net Receivables | $198M |
| Inventory | $122M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $953M |
| PP&E (Net) | $68M |
| Goodwill | $56M |
| Intangible Assets | $62M |
| Long-Term Investments | $2M |
| Tax Assets | $28M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $218M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $51M |
| Short-Term Debt | $0 |
| Deferred Revenue | $54M |
| Other Current Liabilities | $15M |
| TOTAL CURRENT LIABILITIES | $200M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $27M |
| Other Non-Current Liabilities | $15M |
| TOTAL NON-CURRENT LIABILITIES | $58M |
| TOTAL LIABILITIES | $258M |
| Common Stock | $507M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $562M |
| Treasury Stock | -$158M |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $913M |
| Minority Interest | $0 |
| TOTAL EQUITY | $913M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $16M |
| Net Debt | -$376M |
