| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $144M | $140M | $131M | 2.7% | 9.7% |
| Op. Income | $19M | $16M | $13M | 18.7% | 43.2% |
| Gross Margin | 54.7% | 55.1% | 59.9% | -0.5pp | -5.2pp |
| Net Margin | 8.2% | 5.7% | 5.3% | 2.5pp | 3.0pp |
| EPS (Diluted) | $0.18 | $0.12 | $0.11 | 50.0% | 63.6% |
| Free Cash Flow | $5M | $14M | $11M | -62.3% | -53.2% |
| Item | Amount |
|---|---|
| REVENUE | $144M |
| Cost of Revenue | $65M |
| GROSS PROFIT | $79M |
| R&D Expenses | $26M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $34M |
| Other Expenses | $0 |
| Operating Expenses | $60M |
| Cost & Expenses | $125M |
| OPERATING INCOME | $19M |
| Interest Income | $94.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $11M |
| EBIT | $18M |
| EBITDA | $29M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $144M |
| Cost of Revenue | $65M |
| GROSS PROFIT | $79M |
| R&D Expenses | $26M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $34M |
| Other Expenses | $0 |
| Operating Expenses | $60M |
| Cost & Expenses | $125M |
| OPERATING INCOME | $19M |
| Interest Income | $94.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $11M |
| EBIT | $18M |
| EBITDA | $29M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $12M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $780.0K |
| Change in Working Capital | -$30M |
| OPERATING CASH FLOW | $10M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$5M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $6.0K |
| NET CASH FROM INVESTING | -$10M |
| Net Debt Issuance | -$4M |
| Common Stock Repurchased | -$10M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$16M |
| FREE CASH FLOW | $5M |
| Net Change in Cash | -$16M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $282M |
| Short-Term Investments | $0 |
| Net Receivables | $56M |
| Inventory | $77M |
| Other Current Assets | $18M |
| TOTAL CURRENT ASSETS | $436M |
| PP&E (Net) | $110M |
| Goodwill | $330M |
| Intangible Assets | $55M |
| Long-Term Investments | $16M |
| Tax Assets | $5M |
| Other Non-Current Assets | $55M |
| TOTAL NON-CURRENT ASSETS | $572M |
| TOTAL ASSETS | $1.0B |
| Account Payables | $39M |
| Short-Term Debt | $14M |
| Deferred Revenue | $12M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $105M |
| Long-Term Debt | $223M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $10M |
| Other Non-Current Liabilities | $52M |
| TOTAL NON-CURRENT LIABILITIES | $285M |
| TOTAL LIABILITIES | $390M |
| Common Stock | $785.0K |
| Additional Paid-In Capital | $399M |
| Retained Earnings | $478M |
| Treasury Stock | -$260M |
| Accum. Other Comp. Income | -$393.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $617M |
| Minority Interest | $0 |
| TOTAL EQUITY | $617M |
| TOTAL LIABILITIES & EQUITY | $1.0B |
| Total Debt | $237M |
| Net Debt | -$44M |
