| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $437M | $405M | $184M | 7.9% | 138.0% |
| Op. Income | $84M | $63M | $23M | 33.7% | 270.5% |
| Gross Margin | 47.0% | 45.3% | 42.4% | 1.7pp | 4.6pp |
| Net Margin | 14.9% | 11.2% | 9.6% | 3.7pp | 5.3pp |
| EPS (Diluted) | $1.18 | $0.83 | $0.33 | 42.2% | 257.6% |
| Free Cash Flow | $62M | $46M | $21M | 36.0% | 194.7% |
| Item | Amount |
|---|---|
| REVENUE | $437M |
| Cost of Revenue | $232M |
| GROSS PROFIT | $206M |
| R&D Expenses | $33M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $74M |
| Other Expenses | $14M |
| Operating Expenses | $122M |
| Cost & Expenses | $354M |
| OPERATING INCOME | $84M |
| Interest Income | $516.0K |
| Interest Expense | $9M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $77M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $65M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $65M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $65M |
| D&A | $22M |
| EBIT | $86M |
| EBITDA | $108M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $437M |
| Cost of Revenue | $232M |
| GROSS PROFIT | $206M |
| R&D Expenses | $33M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $74M |
| Other Expenses | $14M |
| Operating Expenses | $122M |
| Cost & Expenses | $354M |
| OPERATING INCOME | $84M |
| Interest Income | $516.0K |
| Interest Expense | $9M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $77M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $65M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $65M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $65M |
| D&A | $22M |
| EBIT | $86M |
| EBITDA | $108M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $65M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $8M |
| Change in Working Capital | -$36M |
| OPERATING CASH FLOW | $66M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$42M |
| Sales/Maturities of Investments | $77M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $30M |
| Net Debt Issuance | -$52M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$9M |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$65M |
| FREE CASH FLOW | $62M |
| Net Change in Cash | $27M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $256M |
| Short-Term Investments | $155M |
| Net Receivables | $267M |
| Inventory | $286M |
| Other Current Assets | $58M |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $170M |
| Goodwill | $591M |
| Intangible Assets | $396M |
| Long-Term Investments | $10M |
| Tax Assets | $0 |
| Other Non-Current Assets | $32M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $2.2B |
| Account Payables | $70M |
| Short-Term Debt | $11M |
| Deferred Revenue | $16M |
| Other Current Liabilities | $106M |
| TOTAL CURRENT LIABILITIES | $230M |
| Long-Term Debt | $552M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $64M |
| Other Non-Current Liabilities | $68M |
| TOTAL NON-CURRENT LIABILITIES | $685M |
| TOTAL LIABILITIES | $915M |
| Common Stock | $113.0K |
| Additional Paid-In Capital | $783M |
| Retained Earnings | $550M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$28M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $2.2B |
| Total Debt | $563M |
| Net Debt | $307M |
