| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $189M | $167M | $112M | 13.7% | 69.8% |
| Op. Income | $35M | $25M | $15M | 36.1% | 128.2% |
| Gross Margin | 37.5% | 34.9% | 35.0% | 2.6pp | 2.5pp |
| Net Margin | 10.3% | 16.8% | 8.8% | -6.5pp | 1.5pp |
| EPS (Diluted) | $0.42 | $0.61 | $0.22 | -31.1% | 90.9% |
| Free Cash Flow | $38M | $28M | $18M | 34.5% | 114.6% |
| Item | Amount |
|---|---|
| REVENUE | $189M |
| Cost of Revenue | $118M |
| GROSS PROFIT | $71M |
| R&D Expenses | $16M |
| Selling & Marketing | $14M |
| General & Administrative | $6M |
| SG&A Expenses | $20M |
| Other Expenses | $0 |
| Operating Expenses | $36M |
| Cost & Expenses | $155M |
| OPERATING INCOME | $35M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $36M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $2M |
| EBIT | $44M |
| EBITDA | $38M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $189M |
| Cost of Revenue | $118M |
| GROSS PROFIT | $71M |
| R&D Expenses | $16M |
| Selling & Marketing | $14M |
| General & Administrative | $6M |
| SG&A Expenses | $20M |
| Other Expenses | $0 |
| Operating Expenses | $36M |
| Cost & Expenses | $155M |
| OPERATING INCOME | $35M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $36M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $2M |
| EBIT | $44M |
| EBITDA | $38M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $20M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $751.0K |
| Change in Working Capital | $18M |
| OPERATING CASH FLOW | $46M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$61M |
| Sales/Maturities of Investments | $34M |
| Other Investing Activities | -$56.0K |
| NET CASH FROM INVESTING | -$36M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | $38M |
| Net Change in Cash | $14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $163M |
| Short-Term Investments | $77M |
| Net Receivables | $143M |
| Inventory | $83M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $477M |
| PP&E (Net) | $51M |
| Goodwill | $0 |
| Intangible Assets | $1M |
| Long-Term Investments | $103M |
| Tax Assets | $8M |
| Other Non-Current Assets | $862.0K |
| TOTAL NON-CURRENT ASSETS | $165M |
| TOTAL ASSETS | $641M |
| Account Payables | $69M |
| Short-Term Debt | $0 |
| Deferred Revenue | $3M |
| Other Current Liabilities | $18M |
| TOTAL CURRENT LIABILITIES | $130M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $31M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $83M |
| TOTAL NON-CURRENT LIABILITIES | $114M |
| TOTAL LIABILITIES | $244M |
| Common Stock | $4.0K |
| Additional Paid-In Capital | $332M |
| Retained Earnings | $66M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$611.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $397M |
| Minority Interest | $0 |
| TOTAL EQUITY | $397M |
| TOTAL LIABILITIES & EQUITY | $641M |
| Total Debt | $0 |
| Net Debt | -$163M |
