| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $226M | $319M | $269M | -29.2% | -16.1% |
| Op. Income | -$34M | $39M | -$11M | -186.8% | -212.0% |
| Gross Margin | 70.5% | 70.9% | 67.6% | -0.3pp | 2.9pp |
| Net Margin | -10.7% | 7.0% | -3.3% | -17.7pp | -7.4pp |
| EPS (Diluted) | $-0.27 | $0.24 | $-0.10 | -212.5% | -180.1% |
| Free Cash Flow | $49M | $88M | $28M | -43.9% | 74.8% |
| Item | Amount |
|---|---|
| REVENUE | $226M |
| Cost of Revenue | $67M |
| GROSS PROFIT | $159M |
| R&D Expenses | $59M |
| Selling & Marketing | $85M |
| General & Administrative | $30M |
| SG&A Expenses | $115M |
| Other Expenses | -$1M |
| Operating Expenses | $193M |
| Cost & Expenses | $259M |
| OPERATING INCOME | -$34M |
| Interest Income | $480.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$37M |
| Income Tax Expense | -$12M |
| Net Income from Continuing Ops | -$24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$24M |
| D&A | $18M |
| EBIT | -$34M |
| EBITDA | $4M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$24M |
| Depreciation & Amortization | $38M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | -$9M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $36M |
| OPERATING CASH FLOW | $53M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | -$45.0K |
| Purchases of Investments | -$35M |
| Sales/Maturities of Investments | $47M |
| Other Investing Activities | $36.0K |
| NET CASH FROM INVESTING | $9M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$100M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | -$105M |
| FREE CASH FLOW | $49M |
| Net Change in Cash | -$43M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $263M |
| Short-Term Investments | $139M |
| Net Receivables | $186M |
| Inventory | $41M |
| Other Current Assets | $51M |
| TOTAL CURRENT ASSETS | $705M |
| PP&E (Net) | $60M |
| Goodwill | $1.7B |
| Intangible Assets | $906M |
| Long-Term Investments | $9M |
| Tax Assets | $5M |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $2.7B |
| TOTAL ASSETS | $3.4B |
| Account Payables | $31M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $305M |
| TOTAL CURRENT LIABILITIES | $402M |
| Long-Term Debt | $300M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $268M |
| Other Non-Current Liabilities | $122M |
| TOTAL NON-CURRENT LIABILITIES | $690M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $116.0K |
| Additional Paid-In Capital | $2.7B |
| Retained Earnings | $292M |
| Treasury Stock | -$676M |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.3B |
| TOTAL LIABILITIES & EQUITY | $3.4B |
| Total Debt | $300M |
| Net Debt | $37M |
