| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $318M | $313M | $280M | 1.4% | 13.4% |
| Op. Income | $59M | $60M | $28M | -2.8% | 112.9% |
| Gross Margin | 42.0% | 42.3% | 40.6% | -0.3pp | 1.5pp |
| Net Margin | 13.5% | 15.5% | 11.0% | -2.1pp | 2.5pp |
| EPS (Diluted) | $1.87 | $2.11 | $1.35 | -11.4% | 38.5% |
| Free Cash Flow | $68M | $55M | $50M | 23.4% | 33.9% |
| Item | Amount |
|---|---|
| REVENUE | $318M |
| Cost of Revenue | $184M |
| GROSS PROFIT | $134M |
| R&D Expenses | $12M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $57M |
| Other Expenses | $6M |
| Operating Expenses | $75M |
| Cost & Expenses | $259M |
| OPERATING INCOME | $59M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $56M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $43M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $43M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $43M |
| D&A | $16M |
| EBIT | $59M |
| EBITDA | $75M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $318M |
| Cost of Revenue | $184M |
| GROSS PROFIT | $134M |
| R&D Expenses | $12M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $57M |
| Other Expenses | $6M |
| Operating Expenses | $75M |
| Cost & Expenses | $259M |
| OPERATING INCOME | $59M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $56M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $43M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $43M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $43M |
| D&A | $16M |
| EBIT | $59M |
| EBITDA | $75M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $43M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $349.0K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $24M |
| OPERATING CASH FLOW | $88M |
| Capital Expenditure | -$20M |
| Acquisitions (Net) | -$24M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$43M |
| Net Debt Issuance | $12M |
| Common Stock Repurchased | $2M |
| Common Dividends Paid | -$8M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | $68M |
| Net Change in Cash | $51M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $373M |
| Short-Term Investments | $35.0K |
| Net Receivables | $204M |
| Inventory | $137M |
| Other Current Assets | $46M |
| TOTAL CURRENT ASSETS | $759M |
| PP&E (Net) | $245M |
| Goodwill | $451M |
| Intangible Assets | $210M |
| Long-Term Investments | $11M |
| Tax Assets | $18M |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $943M |
| TOTAL ASSETS | $1.7B |
| Account Payables | $104M |
| Short-Term Debt | $9M |
| Deferred Revenue | $18M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $226M |
| Long-Term Debt | $492M |
| Deferred Revenue NC | $8M |
| Deferred Tax Liabilities | $8M |
| Other Non-Current Liabilities | $43M |
| TOTAL NON-CURRENT LIABILITIES | $543M |
| TOTAL LIABILITIES | $769M |
| Common Stock | $229.0K |
| Additional Paid-In Capital | $306M |
| Retained Earnings | $741M |
| Treasury Stock | -$41M |
| Accum. Other Comp. Income | -$73M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $933M |
| Minority Interest | $137.0K |
| TOTAL EQUITY | $933M |
| TOTAL LIABILITIES & EQUITY | $1.7B |
| Total Debt | $502M |
| Net Debt | $129M |
