| Metric | Q4 2016 | Q3 2016 | Q4 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $521M | $474M | $499M | 9.9% | 4.5% |
| Op. Income | $49M | $62M | $29M | -20.8% | 68.6% |
| Gross Margin | 32.8% | 37.6% | 35.6% | -4.7pp | -2.8pp |
| Net Margin | 6.6% | 9.3% | 3.5% | -2.8pp | 3.1pp |
| EPS (Diluted) | $1.86 | $2.36 | $0.87 | -21.2% | 113.8% |
| Free Cash Flow | $66M | $40M | $89M | 64.2% | -26.7% |
| Item | Amount |
|---|---|
| REVENUE | $521M |
| Cost of Revenue | $350M |
| GROSS PROFIT | $171M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $122M |
| Other Expenses | $0 |
| Operating Expenses | $122M |
| Cost & Expenses | $471M |
| OPERATING INCOME | $49M |
| Interest Income | $463.0K |
| Interest Expense | $450.0K |
| Other Income/Expenses | -$801.0K |
| INCOME BEFORE TAX | $49M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $34M |
| D&A | $17M |
| EBIT | $49M |
| EBITDA | $66M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $521M |
| Cost of Revenue | $350M |
| GROSS PROFIT | $171M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $122M |
| Other Expenses | $0 |
| Operating Expenses | $122M |
| Cost & Expenses | $471M |
| OPERATING INCOME | $49M |
| Interest Income | $463.0K |
| Interest Expense | $450.0K |
| Other Income/Expenses | -$801.0K |
| INCOME BEFORE TAX | $49M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $34M |
| D&A | $17M |
| EBIT | $49M |
| EBITDA | $66M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $34M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$917.0K |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $19M |
| OPERATING CASH FLOW | $74M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $26M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$98.0K |
| NET CASH FROM INVESTING | $18M |
| Net Debt Issuance | -$50M |
| Common Stock Repurchased | -$39M |
| Common Dividends Paid | -$4M |
| Other Financing Activities | $157.0K |
| NET CASH FROM FINANCING | -$93M |
| FREE CASH FLOW | $66M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $194M |
| Short-Term Investments | $49M |
| Net Receivables | $31M |
| Inventory | $286M |
| Other Current Assets | $20M |
| TOTAL CURRENT ASSETS | $611M |
| PP&E (Net) | $264M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $30M |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $299M |
| TOTAL ASSETS | $910M |
| Account Payables | $178M |
| Short-Term Debt | $15M |
| Deferred Revenue | $3M |
| Other Current Liabilities | $69M |
| TOTAL CURRENT LIABILITIES | $329M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $85M |
| TOTAL NON-CURRENT LIABILITIES | $85M |
| TOTAL LIABILITIES | $414M |
| Common Stock | $2M |
| Additional Paid-In Capital | $240M |
| Retained Earnings | $275M |
| Treasury Stock | -$2M |
| Accum. Other Comp. Income | -$18M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $496M |
| Minority Interest | $0 |
| TOTAL EQUITY | $496M |
| TOTAL LIABILITIES & EQUITY | $910M |
| Total Debt | $15M |
| Net Debt | -$178M |
