| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $167M | $136M | $128M | 22.4% | 29.6% |
| Op. Income | $25M | $19M | $18M | 32.9% | 39.2% |
| Gross Margin | 34.9% | 34.6% | 32.6% | 0.3pp | 2.3pp |
| Net Margin | 16.8% | 16.5% | 12.2% | 0.2pp | 4.6pp |
| EPS (Diluted) | $0.61 | $0.50 | $0.35 | 22.0% | 74.3% |
| Free Cash Flow | $28M | $26M | $21M | 8.0% | 36.0% |
| Item | Amount |
|---|---|
| REVENUE | $167M |
| Cost of Revenue | $108M |
| GROSS PROFIT | $58M |
| R&D Expenses | $14M |
| Selling & Marketing | $13M |
| General & Administrative | $5M |
| SG&A Expenses | $18M |
| Other Expenses | $0 |
| Operating Expenses | $33M |
| Cost & Expenses | $141M |
| OPERATING INCOME | $25M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | $91.0K |
| Net Income from Continuing Ops | $28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $28M |
| D&A | $2M |
| EBIT | $28M |
| EBITDA | $27M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $167M |
| Cost of Revenue | $108M |
| GROSS PROFIT | $58M |
| R&D Expenses | $14M |
| Selling & Marketing | $13M |
| General & Administrative | $5M |
| SG&A Expenses | $18M |
| Other Expenses | $0 |
| Operating Expenses | $33M |
| Cost & Expenses | $141M |
| OPERATING INCOME | $25M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | $91.0K |
| Net Income from Continuing Ops | $28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $28M |
| D&A | $2M |
| EBIT | $28M |
| EBITDA | $27M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $28M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $519.0K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $34M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $563.0K |
| Purchases of Investments | -$8M |
| Sales/Maturities of Investments | $15M |
| Other Investing Activities | $328.0K |
| NET CASH FROM INVESTING | $1M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | $28M |
| Net Change in Cash | $37M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $149M |
| Short-Term Investments | $81M |
| Net Receivables | $92M |
| Inventory | $62M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $425M |
| PP&E (Net) | $46M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $72M |
| Tax Assets | $6M |
| Other Non-Current Assets | $732.0K |
| TOTAL NON-CURRENT ASSETS | $125M |
| TOTAL ASSETS | $549M |
| Account Payables | $43M |
| Short-Term Debt | $0 |
| Deferred Revenue | $3M |
| Other Current Liabilities | $29M |
| TOTAL CURRENT LIABILITIES | $92M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $27M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $60M |
| TOTAL NON-CURRENT LIABILITIES | $87M |
| TOTAL LIABILITIES | $180M |
| Common Stock | $4.0K |
| Additional Paid-In Capital | $323M |
| Retained Earnings | $47M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$297.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $369M |
| Minority Interest | $0 |
| TOTAL EQUITY | $369M |
| TOTAL LIABILITIES & EQUITY | $549M |
| Total Debt | $0 |
| Net Debt | -$149M |
