| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $207M | $201M | $165M | 2.7% | 25.1% |
| Op. Income | $39M | $32M | $23M | 21.3% | 69.3% |
| Gross Margin | 39.7% | 40.0% | 37.5% | -0.2pp | 2.3pp |
| Net Margin | 12.3% | 10.4% | 9.7% | 2.0pp | 2.6pp |
| EPS (Diluted) | $1.37 | $1.13 | $0.88 | 21.2% | 55.7% |
| Free Cash Flow | $27M | $37M | $38M | -25.7% | -27.9% |
| Item | Amount |
|---|---|
| REVENUE | $207M |
| Cost of Revenue | $125M |
| GROSS PROFIT | $82M |
| R&D Expenses | $7M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $39M |
| Other Expenses | -$4M |
| Operating Expenses | $43M |
| Cost & Expenses | $168M |
| OPERATING INCOME | $39M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $41M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $11M |
| EBIT | $35M |
| EBITDA | $47M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $207M |
| Cost of Revenue | $125M |
| GROSS PROFIT | $82M |
| R&D Expenses | $7M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $39M |
| Other Expenses | -$4M |
| Operating Expenses | $43M |
| Cost & Expenses | $168M |
| OPERATING INCOME | $39M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $41M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $11M |
| EBIT | $35M |
| EBITDA | $47M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $26M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $6M |
| Other Non-Cash Items | -$7M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $35M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $7M |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | -$60M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $494.0K |
| NET CASH FROM FINANCING | -$62M |
| FREE CASH FLOW | $27M |
| Net Change in Cash | -$26M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $151M |
| Short-Term Investments | $0 |
| Net Receivables | $146M |
| Inventory | $114M |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $426M |
| PP&E (Net) | $175M |
| Goodwill | $235M |
| Intangible Assets | $164M |
| Long-Term Investments | $19M |
| Tax Assets | $16M |
| Other Non-Current Assets | $47M |
| TOTAL NON-CURRENT ASSETS | $656M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $36M |
| Short-Term Debt | $399.0K |
| Deferred Revenue | $71M |
| Other Current Liabilities | $27M |
| TOTAL CURRENT LIABILITIES | $114M |
| Long-Term Debt | $131M |
| Deferred Revenue NC | $18M |
| Deferred Tax Liabilities | $14M |
| Other Non-Current Liabilities | $66M |
| TOTAL NON-CURRENT LIABILITIES | $217M |
| TOTAL LIABILITIES | $331M |
| Common Stock | $18M |
| Additional Paid-In Capital | $125M |
| Retained Earnings | $678M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$69M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $751M |
| Minority Interest | $0 |
| TOTAL EQUITY | $751M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $137M |
| Net Debt | -$14M |
