| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $377M | $393M | $398M | -4.1% | -5.4% |
| Op. Income | $33M | $61M | $54M | -45.8% | -38.2% |
| Gross Margin | 51.2% | 59.1% | 56.6% | -7.9pp | -5.5pp |
| Net Margin | 8.8% | 12.7% | 2.0% | -3.9pp | 6.8pp |
| EPS (Diluted) | $0.20 | $0.30 | $0.05 | -33.5% | 330.9% |
| Free Cash Flow | $55M | $23M | $60M | 141.9% | -9.3% |
| Item | Amount |
|---|---|
| REVENUE | $377M |
| Cost of Revenue | $184M |
| GROSS PROFIT | $193M |
| R&D Expenses | $49M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $116M |
| Other Expenses | -$6M |
| Operating Expenses | $160M |
| Cost & Expenses | $344M |
| OPERATING INCOME | $33M |
| Interest Income | $1M |
| Interest Expense | $2M |
| Other Income/Expenses | $572.7K |
| INCOME BEFORE TAX | $34M |
| Income Tax Expense | $678.8K |
| Net Income from Continuing Ops | $33M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $33M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $33M |
| D&A | $30M |
| EBIT | $36M |
| EBITDA | $69M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $377M |
| Cost of Revenue | $184M |
| GROSS PROFIT | $193M |
| R&D Expenses | $49M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $116M |
| Other Expenses | -$6M |
| Operating Expenses | $160M |
| Cost & Expenses | $344M |
| OPERATING INCOME | $33M |
| Interest Income | $1M |
| Interest Expense | $2M |
| Other Income/Expenses | $572.7K |
| INCOME BEFORE TAX | $34M |
| Income Tax Expense | $678.8K |
| Net Income from Continuing Ops | $33M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $33M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $33M |
| D&A | $30M |
| EBIT | $36M |
| EBITDA | $69M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $33M |
| Depreciation & Amortization | $30M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $678.8K |
| Other Non-Cash Items | $10M |
| Change in Working Capital | $15M |
| OPERATING CASH FLOW | $90M |
| Capital Expenditure | -$36M |
| Acquisitions (Net) | -$180.3K |
| Purchases of Investments | -$144M |
| Sales/Maturities of Investments | $144M |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$34M |
| Net Debt Issuance | $63.6K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$827.3K |
| Other Financing Activities | -$79M |
| NET CASH FROM FINANCING | -$78M |
| FREE CASH FLOW | $55M |
| Net Change in Cash | -$24M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $192M |
| Short-Term Investments | $0 |
| Net Receivables | $485M |
| Inventory | $303M |
| Other Current Assets | $158M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $606M |
| Goodwill | $40M |
| Intangible Assets | $476M |
| Long-Term Investments | $73M |
| Tax Assets | $59M |
| Other Non-Current Assets | $13M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $2.3B |
| Account Payables | $0 |
| Short-Term Debt | $464M |
| Deferred Revenue | $9M |
| Other Current Liabilities | $95M |
| TOTAL CURRENT LIABILITIES | $902M |
| Long-Term Debt | $51M |
| Deferred Revenue NC | $34M |
| Deferred Tax Liabilities | $13M |
| Other Non-Current Liabilities | $57M |
| TOTAL NON-CURRENT LIABILITIES | $114M |
| TOTAL LIABILITIES | $1.0B |
| Common Stock | $9M |
| Additional Paid-In Capital | $78M |
| Retained Earnings | $1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$456M |
| Other Equity | -$2M |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $2.3B |
| Total Debt | $522M |
| Net Debt | $329M |
