| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $228M | $283M | $194M | -19.7% | 17.5% |
| Op. Income | $27M | $41M | $21M | -32.6% | 30.3% |
| Gross Margin | 40.8% | 40.0% | 40.8% | 0.8pp | 0.0pp |
| Net Margin | 8.3% | 8.6% | 6.1% | -0.3pp | 2.3pp |
| EPS (Diluted) | $0.29 | $0.39 | $0.19 | -25.6% | 52.6% |
| Free Cash Flow | -$1M | $61M | -$4M | -101.7% | 76.9% |
| Item | Amount |
|---|---|
| REVENUE | $228M |
| Cost of Revenue | $135M |
| GROSS PROFIT | $93M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $62M |
| Other Expenses | $4M |
| Operating Expenses | $66M |
| Cost & Expenses | $200M |
| OPERATING INCOME | $27M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $2M |
| EBIT | $29M |
| EBITDA | $30M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $228M |
| Cost of Revenue | $135M |
| GROSS PROFIT | $93M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $62M |
| Other Expenses | $4M |
| Operating Expenses | $66M |
| Cost & Expenses | $200M |
| OPERATING INCOME | $27M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $2M |
| EBIT | $29M |
| EBITDA | $30M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $19M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$864.0K |
| Other Non-Cash Items | $757.0K |
| Change in Working Capital | -$22M |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $8.0K |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | -$66M |
| Common Stock Repurchased | -$219.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$64M |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | -$65M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $34M |
| Short-Term Investments | $0 |
| Net Receivables | $330.0K |
| Inventory | $247M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $284M |
| PP&E (Net) | $47M |
| Goodwill | $445M |
| Intangible Assets | $233M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $727M |
| TOTAL ASSETS | $1.0B |
| Account Payables | $63M |
| Short-Term Debt | $6M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $19M |
| TOTAL CURRENT LIABILITIES | $121M |
| Long-Term Debt | $122M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $88M |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $216M |
| TOTAL LIABILITIES | $337M |
| Common Stock | $61.0K |
| Additional Paid-In Capital | $570M |
| Retained Earnings | $104M |
| Treasury Stock | -$86.0K |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $674M |
| Minority Interest | $0 |
| TOTAL EQUITY | $674M |
| TOTAL LIABILITIES & EQUITY | $1.0B |
| Total Debt | $128M |
| Net Debt | $95M |
