| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $345M | $310M | $153M | 11.4% | 125.6% |
| Op. Income | $86M | $66M | $36M | 30.7% | 137.8% |
| Gross Margin | 49.8% | 51.7% | 56.2% | -2.0pp | -6.4pp |
| Net Margin | 22.3% | 19.5% | 24.8% | 2.9pp | -2.5pp |
| EPS (Diluted) | $0.37 | $0.30 | $0.19 | 24.0% | 90.2% |
| Free Cash Flow | $94M | $103M | $59M | -8.9% | 59.5% |
| Item | Amount |
|---|---|
| REVENUE | $345M |
| Cost of Revenue | $173M |
| GROSS PROFIT | $172M |
| R&D Expenses | $13M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $73M |
| Other Expenses | $0 |
| Operating Expenses | $86M |
| Cost & Expenses | $259M |
| OPERATING INCOME | $86M |
| Interest Income | $6M |
| Interest Expense | $0 |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | $94M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $77M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $1 |
| NET INCOME | $77M |
| Net Income Deductions | $134.4K |
| BOTTOM LINE NET INCOME | $77M |
| D&A | $3M |
| EBIT | $93M |
| EBITDA | $96M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $345M |
| Cost of Revenue | $173M |
| GROSS PROFIT | $172M |
| R&D Expenses | $13M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $73M |
| Other Expenses | $0 |
| Operating Expenses | $86M |
| Cost & Expenses | $259M |
| OPERATING INCOME | $86M |
| Interest Income | $6M |
| Interest Expense | $0 |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | $94M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $77M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $1 |
| NET INCOME | $77M |
| Net Income Deductions | $134.4K |
| BOTTOM LINE NET INCOME | $77M |
| D&A | $3M |
| EBIT | $93M |
| EBITDA | $96M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $77M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | $8M |
| OPERATING CASH FLOW | $102M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$127M |
| Sales/Maturities of Investments | $97M |
| Other Investing Activities | $974 |
| NET CASH FROM INVESTING | -$37M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $108.1K |
| NET CASH FROM FINANCING | $108.1K |
| FREE CASH FLOW | $94M |
| Net Change in Cash | $72M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $503M |
| Short-Term Investments | $423M |
| Net Receivables | $30M |
| Inventory | $0 |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $31M |
| Goodwill | $0 |
| Intangible Assets | $7M |
| Long-Term Investments | $37M |
| Tax Assets | $211.3K |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $79M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $49M |
| Short-Term Debt | $0 |
| Deferred Revenue | $45M |
| Other Current Liabilities | $24M |
| TOTAL CURRENT LIABILITIES | $203M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $207M |
| Common Stock | $885M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $2M |
| TOTAL STOCKHOLDERS' EQUITY | $887M |
| Minority Interest | $0 |
| TOTAL EQUITY | $887M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $0 |
| Net Debt | -$503M |
