| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $120M | $88M | $90M | 36.1% | 32.6% |
| Op. Income | $53M | $13M | $29M | 314.1% | 82.9% |
| Gross Margin | 85.7% | 82.4% | 86.7% | 3.3pp | -1.1pp |
| Net Margin | 21.4% | 9.8% | 20.6% | 11.6pp | 0.8pp |
| EPS (Diluted) | $0.43 | $0.15 | $0.31 | 186.7% | 38.7% |
| Free Cash Flow | $31M | $13M | $22M | 142.1% | 44.0% |
| Item | Amount |
|---|---|
| REVENUE | $120M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $102M |
| R&D Expenses | $7M |
| Selling & Marketing | $26M |
| General & Administrative | $15M |
| SG&A Expenses | $41M |
| Other Expenses | $2M |
| Operating Expenses | $50M |
| Cost & Expenses | $67M |
| OPERATING INCOME | $53M |
| Interest Income | $0 |
| Interest Expense | $257.0K |
| Other Income/Expenses | -$162.0K |
| INCOME BEFORE TAX | $52M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | -$386.0K |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $4M |
| EBIT | $53M |
| EBITDA | $57M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $120M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $102M |
| R&D Expenses | $7M |
| Selling & Marketing | $26M |
| General & Administrative | $15M |
| SG&A Expenses | $41M |
| Other Expenses | $2M |
| Operating Expenses | $50M |
| Cost & Expenses | $67M |
| OPERATING INCOME | $53M |
| Interest Income | $0 |
| Interest Expense | $257.0K |
| Other Income/Expenses | -$162.0K |
| INCOME BEFORE TAX | $52M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | -$386.0K |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $4M |
| EBIT | $53M |
| EBITDA | $57M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $26M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $23.0K |
| Change in Working Capital | $11M |
| OPERATING CASH FLOW | $40M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$93M |
| NET CASH FROM INVESTING | -$102M |
| Net Debt Issuance | $2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $93M |
| NET CASH FROM FINANCING | $94M |
| FREE CASH FLOW | $31M |
| Net Change in Cash | $33M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $93M |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $499.0K |
| Other Current Assets | $951M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $106M |
| Goodwill | $52M |
| Intangible Assets | $1M |
| Long-Term Investments | $0 |
| Tax Assets | $6M |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $167M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $3M |
| Short-Term Debt | $1M |
| Deferred Revenue | $6M |
| Other Current Liabilities | $951M |
| TOTAL CURRENT LIABILITIES | $1.0B |
| Long-Term Debt | $30M |
| Deferred Revenue NC | $37M |
| Deferred Tax Liabilities | -$37M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $67M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $585.0K |
| Additional Paid-In Capital | $99M |
| Retained Earnings | $96M |
| Treasury Stock | -$50M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $146M |
| Minority Interest | $0 |
| TOTAL EQUITY | $146M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $32M |
| Net Debt | -$61M |
