| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $392M | $323M | — | 21.5% | — |
| Op. Income | $63M | $33M | — | 90.7% | — |
| Gross Margin | 68.4% | 64.3% | — | 4.1pp | — |
| Net Margin | 20.2% | 8.1% | — | 12.1pp | — |
| EPS (Diluted) | $1.27 | $0.42 | — | 202.4% | — |
| Free Cash Flow | $71M | $90M | — | -21.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $392M |
| Cost of Revenue | $124M |
| GROSS PROFIT | $268M |
| R&D Expenses | $50M |
| Selling & Marketing | $107M |
| General & Administrative | $37M |
| SG&A Expenses | $144M |
| Other Expenses | $11M |
| Operating Expenses | $205M |
| Cost & Expenses | $329M |
| OPERATING INCOME | $63M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $59M |
| Income Tax Expense | -$20M |
| Net Income from Continuing Ops | $79M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $79M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $79M |
| D&A | $41M |
| EBIT | $59M |
| EBITDA | $104M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $392M |
| Cost of Revenue | $124M |
| GROSS PROFIT | $268M |
| R&D Expenses | $50M |
| Selling & Marketing | $107M |
| General & Administrative | $37M |
| SG&A Expenses | $144M |
| Other Expenses | $11M |
| Operating Expenses | $205M |
| Cost & Expenses | $329M |
| OPERATING INCOME | $63M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $59M |
| Income Tax Expense | -$20M |
| Net Income from Continuing Ops | $79M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $79M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $79M |
| D&A | $41M |
| EBIT | $59M |
| EBITDA | $104M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $79M |
| Depreciation & Amortization | $41M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | -$37M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$16M |
| OPERATING CASH FLOW | $87M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | -$38M |
| Purchases of Investments | -$37M |
| Sales/Maturities of Investments | $13M |
| Other Investing Activities | -$32M |
| NET CASH FROM INVESTING | -$78M |
| Net Debt Issuance | -$844.0K |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $71M |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $328M |
| Short-Term Investments | $64M |
| Net Receivables | $261M |
| Inventory | $9M |
| Other Current Assets | $43M |
| TOTAL CURRENT ASSETS | $693M |
| PP&E (Net) | $118M |
| Goodwill | $1.3B |
| Intangible Assets | $551M |
| Long-Term Investments | $133M |
| Tax Assets | $12M |
| Other Non-Current Assets | $19M |
| TOTAL NON-CURRENT ASSETS | $2.2B |
| TOTAL ASSETS | $2.8B |
| Account Payables | $29M |
| Short-Term Debt | $0 |
| Deferred Revenue | $185M |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $523M |
| Long-Term Debt | $448M |
| Deferred Revenue NC | $38M |
| Deferred Tax Liabilities | $58M |
| Other Non-Current Liabilities | $67M |
| TOTAL NON-CURRENT LIABILITIES | $572M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $19M |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | $851M |
| Treasury Stock | -$508M |
| Accum. Other Comp. Income | -$33M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $2.8B |
| Total Debt | $448M |
| Net Debt | $119M |
