| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $205M | $201M | $179M | 2.2% | 14.7% |
| Op. Income | $24M | $26M | $13M | -10.1% | 87.0% |
| Gross Margin | 60.5% | 59.3% | 58.7% | 1.2pp | 1.8pp |
| Net Margin | 12.9% | -2.4% | 8.6% | 15.3pp | 4.2pp |
| EPS (Diluted) | $0.60 | $-0.11 | $0.36 | 645.5% | 66.7% |
| Free Cash Flow | $18M | $46M | $37M | -61.0% | -51.7% |
| Item | Amount |
|---|---|
| REVENUE | $205M |
| Cost of Revenue | $81M |
| GROSS PROFIT | $124M |
| R&D Expenses | $55M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $46M |
| Other Expenses | $0 |
| Operating Expenses | $101M |
| Cost & Expenses | $182M |
| OPERATING INCOME | $24M |
| Interest Income | $3M |
| Interest Expense | $5M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | -$4M |
| 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 | $10M |
| EBIT | $24M |
| EBITDA | $37M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $205M |
| Cost of Revenue | $81M |
| GROSS PROFIT | $124M |
| R&D Expenses | $55M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $46M |
| Other Expenses | $0 |
| Operating Expenses | $101M |
| Cost & Expenses | $182M |
| OPERATING INCOME | $24M |
| Interest Income | $3M |
| Interest Expense | $5M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | -$4M |
| 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 | $10M |
| EBIT | $24M |
| EBITDA | $37M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $26M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$25M |
| OPERATING CASH FLOW | $22M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$53M |
| Sales/Maturities of Investments | $129M |
| Other Investing Activities | -$5M |
| NET CASH FROM INVESTING | $67M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$18M |
| NET CASH FROM FINANCING | -$17M |
| FREE CASH FLOW | $18M |
| Net Change in Cash | $73M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $342M |
| Short-Term Investments | $418M |
| Net Receivables | $75M |
| Inventory | $77M |
| Other Current Assets | $65M |
| TOTAL CURRENT ASSETS | $976M |
| PP&E (Net) | $130M |
| Goodwill | $288M |
| Intangible Assets | $77M |
| Long-Term Investments | $6M |
| Tax Assets | -$6M |
| Other Non-Current Assets | $95M |
| TOTAL NON-CURRENT ASSETS | $590M |
| TOTAL ASSETS | $1.6B |
| Account Payables | $50M |
| Short-Term Debt | $0 |
| Deferred Revenue | $25M |
| Other Current Liabilities | $69M |
| TOTAL CURRENT LIABILITIES | $145M |
| Long-Term Debt | $345M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $76M |
| TOTAL NON-CURRENT LIABILITIES | $421M |
| TOTAL LIABILITIES | $565M |
| Common Stock | $4.0K |
| Additional Paid-In Capital | $98M |
| Retained Earnings | $904M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $345M |
| Net Debt | $3M |
