| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $570M | $490M | $521M | 16.3% | 9.4% |
| Op. Income | $52M | $67M | $49M | -22.2% | 5.9% |
| Gross Margin | 33.4% | 37.9% | 32.8% | -4.5pp | 0.5pp |
| Net Margin | -1.7% | 9.0% | 6.6% | -10.7pp | -8.3pp |
| EPS (Diluted) | $-0.57 | $2.44 | $1.86 | -123.4% | -130.6% |
| Free Cash Flow | $64M | $44M | $66M | 45.4% | -2.9% |
| Item | Amount |
|---|---|
| REVENUE | $570M |
| Cost of Revenue | $380M |
| GROSS PROFIT | $190M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $138M |
| Other Expenses | $0 |
| Operating Expenses | $138M |
| Cost & Expenses | $518M |
| OPERATING INCOME | $52M |
| Interest Income | $572.0K |
| Interest Expense | $450.0K |
| Other Income/Expenses | -$403.0K |
| INCOME BEFORE TAX | $52M |
| Income Tax Expense | $62M |
| Net Income from Continuing Ops | -$10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$10M |
| D&A | $20M |
| EBIT | $52M |
| EBITDA | $72M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$10M |
| Depreciation & Amortization | $20M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $39M |
| Other Non-Cash Items | $426.0K |
| Change in Working Capital | $27M |
| OPERATING CASH FLOW | $84M |
| Capital Expenditure | -$21M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | -$49M |
| Other Investing Activities | $49M |
| NET CASH FROM INVESTING | -$21M |
| Net Debt Issuance | -$35M |
| Common Stock Repurchased | -$33M |
| Common Dividends Paid | -$7M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$75M |
| FREE CASH FLOW | $64M |
| Net Change in Cash | -$13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $245M |
| Short-Term Investments | $15M |
| Net Receivables | $26M |
| Inventory | $324M |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $657M |
| PP&E (Net) | $259M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $13M |
| Other Non-Current Assets | $12M |
| TOTAL NON-CURRENT ASSETS | $284M |
| TOTAL ASSETS | $940M |
| Account Payables | $210M |
| Short-Term Debt | $21M |
| Deferred Revenue | $8M |
| Other Current Liabilities | $72M |
| TOTAL CURRENT LIABILITIES | $361M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $7M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $99M |
| TOTAL NON-CURRENT LIABILITIES | $106M |
| TOTAL LIABILITIES | $467M |
| Common Stock | $2M |
| Additional Paid-In Capital | $259M |
| Retained Earnings | $226M |
| Treasury Stock | -$2M |
| Accum. Other Comp. Income | -$10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $474M |
| Minority Interest | $0 |
| TOTAL EQUITY | $474M |
| TOTAL LIABILITIES & EQUITY | $940M |
| Total Debt | $21M |
| Net Debt | -$223M |
