| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $345M | $397M | $324M | -13.1% | 6.6% |
| Op. Income | $8M | $19M | $23M | -56.0% | -62.8% |
| Gross Margin | 30.3% | 26.2% | 29.9% | 4.1pp | 0.3pp |
| Net Margin | 1.6% | -8.0% | 4.9% | 9.7pp | -3.3pp |
| EPS (Diluted) | $0.17 | $-1.02 | $0.47 | 116.7% | -63.8% |
| Free Cash Flow | $54M | -$18M | $6M | 402.7% | 823.5% |
| Item | Amount |
|---|---|
| REVENUE | $345M |
| Cost of Revenue | $240M |
| GROSS PROFIT | $105M |
| R&D Expenses | $29M |
| Selling & Marketing | $44M |
| General & Administrative | $17M |
| SG&A Expenses | $60M |
| Other Expenses | $0 |
| Operating Expenses | $89M |
| Cost & Expenses | $330M |
| OPERATING INCOME | $8M |
| Interest Income | $748.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$504.0K |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $5M |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $6M |
| EBIT | $8M |
| EBITDA | $14M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $345M |
| Cost of Revenue | $240M |
| GROSS PROFIT | $105M |
| R&D Expenses | $29M |
| Selling & Marketing | $44M |
| General & Administrative | $17M |
| SG&A Expenses | $60M |
| Other Expenses | $0 |
| Operating Expenses | $89M |
| Cost & Expenses | $330M |
| OPERATING INCOME | $8M |
| Interest Income | $748.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$504.0K |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $5M |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $6M |
| EBIT | $8M |
| EBITDA | $14M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$631.0K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $37M |
| OPERATING CASH FLOW | $57M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$35M |
| Sales/Maturities of Investments | $35M |
| Other Investing Activities | -$670.0K |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $5M |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | $54M |
| Net Change in Cash | $56M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $259M |
| Short-Term Investments | $127M |
| Net Receivables | $317M |
| Inventory | $266M |
| Other Current Assets | $30M |
| TOTAL CURRENT ASSETS | $1000M |
| PP&E (Net) | $20M |
| Goodwill | $85M |
| Intangible Assets | $22M |
| Long-Term Investments | -$75M |
| Tax Assets | $75M |
| Other Non-Current Assets | $86M |
| TOTAL NON-CURRENT ASSETS | $214M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $96M |
| Short-Term Debt | $0 |
| Deferred Revenue | $31M |
| Other Current Liabilities | $239M |
| TOTAL CURRENT LIABILITIES | $402M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $55M |
| TOTAL NON-CURRENT LIABILITIES | $55M |
| TOTAL LIABILITIES | $457M |
| Common Stock | $32.0K |
| Additional Paid-In Capital | $616M |
| Retained Earnings | $140M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$269.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $756M |
| Minority Interest | $0 |
| TOTAL EQUITY | $756M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $0 |
| Net Debt | -$259M |
