| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $169M | $115M | $74M | 47.2% | 129.5% |
| Op. Income | $51M | $4M | $19M | 1214.5% | 165.7% |
| Gross Margin | 62.8% | 51.5% | 68.0% | 11.4pp | -5.2pp |
| Net Margin | 20.1% | -4.4% | 19.4% | 24.5pp | 0.7pp |
| EPS (Diluted) | $0.86 | $-0.15 | $0.42 | 673.3% | 104.8% |
| Free Cash Flow | $31M | $6M | $26M | 376.2% | 19.3% |
| Item | Amount |
|---|---|
| REVENUE | $169M |
| Cost of Revenue | $63M |
| GROSS PROFIT | $106M |
| R&D Expenses | $13M |
| Selling & Marketing | $29M |
| General & Administrative | $11M |
| SG&A Expenses | $39M |
| Other Expenses | $0 |
| Operating Expenses | $52M |
| Cost & Expenses | $115M |
| OPERATING INCOME | $51M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $39M |
| Income Tax Expense | $5M |
| 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 | $12M |
| EBIT | $58M |
| EBITDA | $70M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $169M |
| Cost of Revenue | $63M |
| GROSS PROFIT | $106M |
| R&D Expenses | $13M |
| Selling & Marketing | $29M |
| General & Administrative | $11M |
| SG&A Expenses | $39M |
| Other Expenses | $0 |
| Operating Expenses | $52M |
| Cost & Expenses | $115M |
| OPERATING INCOME | $51M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $39M |
| Income Tax Expense | $5M |
| 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 | $12M |
| EBIT | $58M |
| EBITDA | $70M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $34M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | $8M |
| Change in Working Capital | -$26M |
| OPERATING CASH FLOW | $36M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $147M |
| NET CASH FROM INVESTING | $142M |
| Net Debt Issuance | -$112M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$112M |
| FREE CASH FLOW | $31M |
| Net Change in Cash | $66M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $102M |
| Short-Term Investments | $0 |
| Net Receivables | $92M |
| Inventory | $58M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $268M |
| PP&E (Net) | $63M |
| Goodwill | $337M |
| Intangible Assets | $196M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $598M |
| TOTAL ASSETS | $866M |
| Account Payables | $27M |
| Short-Term Debt | $95M |
| Deferred Revenue | $57M |
| Other Current Liabilities | $64M |
| TOTAL CURRENT LIABILITIES | $197M |
| Long-Term Debt | $132M |
| Deferred Revenue NC | $180M |
| Deferred Tax Liabilities | $432.0K |
| Other Non-Current Liabilities | $205M |
| TOTAL NON-CURRENT LIABILITIES | $338M |
| TOTAL LIABILITIES | $535M |
| Common Stock | $37.0K |
| Additional Paid-In Capital | $309M |
| Retained Earnings | $22M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $20.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $331M |
| Minority Interest | $0 |
| TOTAL EQUITY | $331M |
| TOTAL LIABILITIES & EQUITY | $866M |
| Total Debt | $227M |
| Net Debt | $125M |
