| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $512M | $486M | $405M | 5.3% | 26.3% |
| Op. Income | $120M | $110M | $63M | 9.0% | 92.0% |
| Gross Margin | 46.6% | 46.9% | 45.3% | -0.3pp | 1.3pp |
| Net Margin | 15.2% | 15.6% | 11.2% | -0.5pp | 3.9pp |
| EPS (Diluted) | $1.41 | $1.38 | $0.83 | 2.2% | 69.9% |
| Free Cash Flow | $67M | $91M | $46M | -25.9% | 47.8% |
| Item | Amount |
|---|---|
| REVENUE | $512M |
| Cost of Revenue | $273M |
| GROSS PROFIT | $238M |
| R&D Expenses | $33M |
| Selling & Marketing | $0 |
| General & Administrative | $73M |
| SG&A Expenses | $73M |
| Other Expenses | $13M |
| Operating Expenses | $118M |
| Cost & Expenses | $392M |
| OPERATING INCOME | $120M |
| Interest Income | $1M |
| Interest Expense | $8M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $111M |
| Income Tax Expense | $33M |
| Net Income from Continuing Ops | $78M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $78M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $78M |
| D&A | $20M |
| EBIT | $119M |
| EBITDA | $139M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $512M |
| Cost of Revenue | $273M |
| GROSS PROFIT | $238M |
| R&D Expenses | $33M |
| Selling & Marketing | $0 |
| General & Administrative | $73M |
| SG&A Expenses | $73M |
| Other Expenses | $13M |
| Operating Expenses | $118M |
| Cost & Expenses | $392M |
| OPERATING INCOME | $120M |
| Interest Income | $1M |
| Interest Expense | $8M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $111M |
| Income Tax Expense | $33M |
| Net Income from Continuing Ops | $78M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $78M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $78M |
| D&A | $20M |
| EBIT | $119M |
| EBITDA | $139M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $78M |
| Depreciation & Amortization | $20M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$11M |
| Other Non-Cash Items | $9M |
| Change in Working Capital | -$19M |
| OPERATING CASH FLOW | $81M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$31M |
| Sales/Maturities of Investments | $51M |
| Other Investing Activities | $66.0K |
| NET CASH FROM INVESTING | $7M |
| Net Debt Issuance | -$51M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$10M |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$58M |
| FREE CASH FLOW | $67M |
| Net Change in Cash | $28M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $334M |
| Short-Term Investments | $209M |
| Net Receivables | $300M |
| Inventory | $339M |
| Other Current Assets | $54M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $172M |
| Goodwill | $591M |
| Intangible Assets | $366M |
| Long-Term Investments | $11M |
| Tax Assets | $0 |
| Other Non-Current Assets | $38M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $2.4B |
| Account Payables | $83M |
| Short-Term Debt | $3M |
| Deferred Revenue | $13M |
| Other Current Liabilities | $157M |
| TOTAL CURRENT LIABILITIES | $290M |
| Long-Term Debt | $390M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $62M |
| Other Non-Current Liabilities | $84M |
| TOTAL NON-CURRENT LIABILITIES | $535M |
| TOTAL LIABILITIES | $825M |
| Common Stock | $113.0K |
| Additional Paid-In Capital | $790M |
| Retained Earnings | $796M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $2.4B |
| Total Debt | $393M |
| Net Debt | $59M |
