| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $486M | $481M | $381M | 1.1% | 27.7% |
| Op. Income | $110M | $93M | $53M | 18.6% | 107.8% |
| Gross Margin | 46.9% | 45.7% | 44.2% | 1.2pp | 2.7pp |
| Net Margin | 15.6% | 25.1% | 8.6% | -9.4pp | 7.1pp |
| EPS (Diluted) | $1.38 | $2.19 | $0.60 | -37.0% | 130.0% |
| Free Cash Flow | $91M | $104M | $73M | -12.5% | 23.9% |
| Item | Amount |
|---|---|
| REVENUE | $486M |
| Cost of Revenue | $258M |
| GROSS PROFIT | $228M |
| R&D Expenses | $33M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $72M |
| Other Expenses | $13M |
| Operating Expenses | $118M |
| Cost & Expenses | $376M |
| OPERATING INCOME | $110M |
| Interest Income | $873.0K |
| Interest Expense | $8M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $101M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $76M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $76M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $76M |
| D&A | $20M |
| EBIT | $109M |
| EBITDA | $129M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $486M |
| Cost of Revenue | $258M |
| GROSS PROFIT | $228M |
| R&D Expenses | $33M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $72M |
| Other Expenses | $13M |
| Operating Expenses | $118M |
| Cost & Expenses | $376M |
| OPERATING INCOME | $110M |
| Interest Income | $873.0K |
| Interest Expense | $8M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $101M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $76M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $76M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $76M |
| D&A | $20M |
| EBIT | $109M |
| EBITDA | $129M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $76M |
| Depreciation & Amortization | $20M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $7M |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | $99M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$129M |
| Sales/Maturities of Investments | $50M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$88M |
| Net Debt Issuance | -$124M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$10M |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$135M |
| FREE CASH FLOW | $91M |
| Net Change in Cash | -$122M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $306M |
| Short-Term Investments | $229M |
| Net Receivables | $280M |
| Inventory | $319M |
| Other Current Assets | $61M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $167M |
| Goodwill | $589M |
| Intangible Assets | $376M |
| Long-Term Investments | $11M |
| Tax Assets | $0 |
| Other Non-Current Assets | $32M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $2.4B |
| Account Payables | $78M |
| Short-Term Debt | $4M |
| Deferred Revenue | $18M |
| Other Current Liabilities | $144M |
| TOTAL CURRENT LIABILITIES | $283M |
| Long-Term Debt | $436M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $71M |
| Other Non-Current Liabilities | $73M |
| TOTAL NON-CURRENT LIABILITIES | $580M |
| TOTAL LIABILITIES | $863M |
| Common Stock | $113.0K |
| Additional Paid-In Capital | $783M |
| Retained Earnings | $728M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $2.4B |
| Total Debt | $440M |
| Net Debt | $134M |
