| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $179M | $183M | $162M | -2.0% | 10.5% |
| Op. Income | $13M | $20M | $7M | -36.9% | 85.2% |
| Gross Margin | 58.7% | 60.0% | 59.0% | -1.2pp | -0.2pp |
| Net Margin | 8.6% | 11.0% | 3.6% | -2.4pp | 5.0pp |
| EPS (Diluted) | $0.36 | $0.47 | $0.14 | -23.4% | 157.1% |
| Free Cash Flow | $37M | $20M | $40M | 88.2% | -6.6% |
| Item | Amount |
|---|---|
| REVENUE | $179M |
| Cost of Revenue | $74M |
| GROSS PROFIT | $105M |
| R&D Expenses | $52M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $40M |
| Other Expenses | -$120.0K |
| Operating Expenses | $92M |
| Cost & Expenses | $166M |
| OPERATING INCOME | $13M |
| Interest Income | $894.0K |
| Interest Expense | $198.0K |
| Other Income/Expenses | $774.0K |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $10M |
| EBIT | $13M |
| EBITDA | $23M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $179M |
| Cost of Revenue | $74M |
| GROSS PROFIT | $105M |
| R&D Expenses | $52M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $40M |
| Other Expenses | -$120.0K |
| Operating Expenses | $92M |
| Cost & Expenses | $166M |
| OPERATING INCOME | $13M |
| Interest Income | $894.0K |
| Interest Expense | $198.0K |
| Other Income/Expenses | $774.0K |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $10M |
| EBIT | $13M |
| EBITDA | $23M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $15M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $869.0K |
| Change in Working Capital | $9M |
| OPERATING CASH FLOW | $42M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | -$14M |
| Purchases of Investments | -$268M |
| Sales/Maturities of Investments | $26M |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$262M |
| Net Debt Issuance | $318M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$14M |
| NET CASH FROM FINANCING | $304M |
| FREE CASH FLOW | $37M |
| Net Change in Cash | $84M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $225M |
| Short-Term Investments | $396M |
| Net Receivables | $76M |
| Inventory | $61M |
| Other Current Assets | $54M |
| TOTAL CURRENT ASSETS | $813M |
| PP&E (Net) | $131M |
| Goodwill | $289M |
| Intangible Assets | $104M |
| Long-Term Investments | $5M |
| Tax Assets | $0 |
| Other Non-Current Assets | $58M |
| TOTAL NON-CURRENT ASSETS | $586M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $44M |
| Short-Term Debt | $0 |
| Deferred Revenue | $50M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $145M |
| Long-Term Debt | $333M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $43M |
| TOTAL NON-CURRENT LIABILITIES | $375M |
| TOTAL LIABILITIES | $521M |
| Common Stock | $4.0K |
| Additional Paid-In Capital | $60M |
| Retained Earnings | $820M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$525.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $879M |
| Minority Interest | $0 |
| TOTAL EQUITY | $879M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $333M |
| Net Debt | $107M |
