| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $404M | $377M | $394M | 7.3% | 2.7% |
| Op. Income | $53M | $40M | $61M | 31.5% | -13.5% |
| Gross Margin | 56.3% | 53.3% | 59.1% | 3.0pp | -2.8pp |
| Net Margin | 8.8% | 8.0% | 12.7% | 0.8pp | -3.9pp |
| EPS (Diluted) | $0.21 | $0.18 | $0.30 | 17.4% | -28.9% |
| Free Cash Flow | $44M | $39M | $23M | 12.7% | 95.8% |
| Item | Amount |
|---|---|
| REVENUE | $404M |
| Cost of Revenue | $177M |
| GROSS PROFIT | $227M |
| R&D Expenses | $50M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $128M |
| Other Expenses | -$4M |
| Operating Expenses | $174M |
| Cost & Expenses | $351M |
| OPERATING INCOME | $53M |
| Interest Income | $3M |
| Interest Expense | $2M |
| Other Income/Expenses | $10M |
| INCOME BEFORE TAX | $63M |
| Income Tax Expense | $28M |
| Net Income from Continuing Ops | $36M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $36M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $36M |
| D&A | $32M |
| EBIT | $65M |
| EBITDA | $85M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $404M |
| Cost of Revenue | $177M |
| GROSS PROFIT | $227M |
| R&D Expenses | $50M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $128M |
| Other Expenses | -$4M |
| Operating Expenses | $174M |
| Cost & Expenses | $351M |
| OPERATING INCOME | $53M |
| Interest Income | $3M |
| Interest Expense | $2M |
| Other Income/Expenses | $10M |
| INCOME BEFORE TAX | $63M |
| Income Tax Expense | $28M |
| Net Income from Continuing Ops | $36M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $36M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $36M |
| D&A | $32M |
| EBIT | $65M |
| EBITDA | $85M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $36M |
| Depreciation & Amortization | $32M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $28M |
| Other Non-Cash Items | -$5M |
| Change in Working Capital | -$11M |
| OPERATING CASH FLOW | $80M |
| Capital Expenditure | -$35M |
| Acquisitions (Net) | $12M |
| Purchases of Investments | -$173M |
| Sales/Maturities of Investments | $99M |
| Other Investing Activities | -$11M |
| NET CASH FROM INVESTING | -$109M |
| Net Debt Issuance | $27M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | $24M |
| FREE CASH FLOW | $44M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $21M |
| Short-Term Investments | $212M |
| Net Receivables | $451M |
| Inventory | $285M |
| Other Current Assets | $194M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $618M |
| Goodwill | $41M |
| Intangible Assets | $471M |
| Long-Term Investments | $53M |
| Tax Assets | $41M |
| Other Non-Current Assets | $13M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $2.4B |
| Account Payables | $155M |
| Short-Term Debt | $323M |
| Deferred Revenue | $58M |
| Other Current Liabilities | $241M |
| TOTAL CURRENT LIABILITIES | $777M |
| Long-Term Debt | $260M |
| Deferred Revenue NC | $531.0K |
| Deferred Tax Liabilities | $8M |
| Other Non-Current Liabilities | $48M |
| TOTAL NON-CURRENT LIABILITIES | $309M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $9M |
| Additional Paid-In Capital | $82M |
| Retained Earnings | $1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $45M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $2.4B |
| Total Debt | $583M |
| Net Debt | $562M |
