| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $154M | $114M | $120M | 35.0% | 28.8% |
| Op. Income | $51M | $19M | $53M | 162.5% | -2.8% |
| Gross Margin | 84.7% | 83.2% | 85.7% | 1.5pp | -1.0pp |
| Net Margin | 26.7% | 11.3% | 21.4% | 15.4pp | 5.3pp |
| EPS (Diluted) | $0.70 | $0.22 | $0.43 | 218.2% | 62.8% |
| Free Cash Flow | $39M | $22M | $31M | 79.4% | 25.3% |
| Item | Amount |
|---|---|
| REVENUE | $154M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $130M |
| R&D Expenses | $11M |
| Selling & Marketing | $32M |
| General & Administrative | $33M |
| SG&A Expenses | $65M |
| Other Expenses | $3M |
| Operating Expenses | $79M |
| Cost & Expenses | $103M |
| OPERATING INCOME | $51M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $52M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $41M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $41M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $41M |
| D&A | $6M |
| EBIT | $52M |
| EBITDA | $58M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $154M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $130M |
| R&D Expenses | $11M |
| Selling & Marketing | $32M |
| General & Administrative | $33M |
| SG&A Expenses | $65M |
| Other Expenses | $3M |
| Operating Expenses | $79M |
| Cost & Expenses | $103M |
| OPERATING INCOME | $51M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $52M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $41M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $41M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $41M |
| D&A | $6M |
| EBIT | $52M |
| EBITDA | $58M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $41M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $23M |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | -$811.0K |
| Change in Working Capital | -$16M |
| OPERATING CASH FLOW | $58M |
| Capital Expenditure | -$19M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$6M |
| NET CASH FROM INVESTING | -$25M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | -$11M |
| FREE CASH FLOW | $39M |
| Net Change in Cash | $22M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $68M |
| Short-Term Investments | $0 |
| Net Receivables | $5M |
| Inventory | $420.0K |
| Other Current Assets | $1.1B |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $160M |
| Goodwill | $52M |
| Intangible Assets | $905.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $191M |
| TOTAL NON-CURRENT ASSETS | $403M |
| TOTAL ASSETS | $1.6B |
| Account Payables | $3M |
| Short-Term Debt | $1M |
| Deferred Revenue | $7M |
| Other Current Liabilities | $1.1B |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $34M |
| Deferred Revenue NC | $46M |
| Deferred Tax Liabilities | $53M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $134M |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $604.0K |
| Additional Paid-In Capital | $189M |
| Retained Earnings | $300M |
| Treasury Stock | -$157M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $333M |
| Minority Interest | $0 |
| TOTAL EQUITY | $333M |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $35M |
| Net Debt | -$33M |
