| Metric | Q2 2017 | Q1 2017 | Q2 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $190M | $179M | $175M | 6.2% | 8.7% |
| Op. Income | $21M | $13M | $18M | 65.1% | 18.8% |
| Gross Margin | 59.5% | 58.7% | 61.9% | 0.8pp | -2.4pp |
| Net Margin | 8.7% | 8.6% | 8.9% | 0.1pp | -0.2pp |
| EPS (Diluted) | $0.38 | $0.36 | $0.37 | 5.6% | 2.7% |
| Free Cash Flow | $35M | $37M | $15M | -7.4% | 128.6% |
| Item | Amount |
|---|---|
| REVENUE | $190M |
| Cost of Revenue | $77M |
| GROSS PROFIT | $113M |
| R&D Expenses | $52M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $40M |
| Other Expenses | $0 |
| Operating Expenses | $92M |
| Cost & Expenses | $169M |
| OPERATING INCOME | $21M |
| Interest Income | $2M |
| Interest Expense | $5M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $11M |
| EBIT | $21M |
| EBITDA | $33M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $190M |
| Cost of Revenue | $77M |
| GROSS PROFIT | $113M |
| R&D Expenses | $52M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $40M |
| Other Expenses | $0 |
| Operating Expenses | $92M |
| Cost & Expenses | $169M |
| OPERATING INCOME | $21M |
| Interest Income | $2M |
| Interest Expense | $5M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $11M |
| EBIT | $21M |
| EBITDA | $33M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $17M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$569.0K |
| OPERATING CASH FLOW | $39M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$121M |
| Sales/Maturities of Investments | $67M |
| Other Investing Activities | -$338.0K |
| NET CASH FROM INVESTING | -$59M |
| Net Debt Issuance | -$532.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$548.0K |
| NET CASH FROM FINANCING | $6M |
| FREE CASH FLOW | $35M |
| Net Change in Cash | -$15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $211M |
| Short-Term Investments | $451M |
| Net Receivables | $75M |
| Inventory | $67M |
| Other Current Assets | $47M |
| TOTAL CURRENT ASSETS | $852M |
| PP&E (Net) | $131M |
| Goodwill | $289M |
| Intangible Assets | $97M |
| Long-Term Investments | $5M |
| Tax Assets | $0 |
| Other Non-Current Assets | $61M |
| TOTAL NON-CURRENT ASSETS | $583M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $40M |
| Short-Term Debt | $0 |
| Deferred Revenue | $49M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $143M |
| Long-Term Debt | $336M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $43M |
| TOTAL NON-CURRENT LIABILITIES | $379M |
| TOTAL LIABILITIES | $522M |
| Common Stock | $4.0K |
| Additional Paid-In Capital | $76M |
| Retained Earnings | $836M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$418.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $912M |
| Minority Interest | $0 |
| TOTAL EQUITY | $912M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $336M |
| Net Debt | $125M |
