| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $386M | $324M | — | 19.2% | — |
| Op. Income | $6M | -$25M | — | 122.4% | — |
| Gross Margin | 32.0% | 33.4% | — | -1.4pp | — |
| Net Margin | 1.0% | -2.2% | — | 3.2pp | — |
| EPS (Diluted) | $0.10 | $-0.19 | — | 152.6% | — |
| Free Cash Flow | -$6M | $104M | — | -105.5% | — |
| Item | Amount |
|---|---|
| REVENUE | $386M |
| Cost of Revenue | $263M |
| GROSS PROFIT | $123M |
| R&D Expenses | $73M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $35M |
| Other Expenses | $10M |
| Operating Expenses | $118M |
| Cost & Expenses | $381M |
| OPERATING INCOME | $6M |
| Interest Income | $0 |
| Interest Expense | $900.0K |
| Other Income/Expenses | -$900.0K |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $25M |
| EBIT | $11M |
| EBITDA | $36M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $386M |
| Cost of Revenue | $263M |
| GROSS PROFIT | $123M |
| R&D Expenses | $73M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $35M |
| Other Expenses | $10M |
| Operating Expenses | $118M |
| Cost & Expenses | $381M |
| OPERATING INCOME | $6M |
| Interest Income | $0 |
| Interest Expense | $900.0K |
| Other Income/Expenses | -$900.0K |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $25M |
| EBIT | $11M |
| EBITDA | $36M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $25M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | -$6M |
| Other Non-Cash Items | $12M |
| Change in Working Capital | -$38M |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$14M |
| NET CASH FROM INVESTING | -$20M |
| Net Debt Issuance | -$8M |
| Common Stock Repurchased | -$25M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$800.0K |
| NET CASH FROM FINANCING | -$31M |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | -$51M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $301M |
| Short-Term Investments | $0 |
| Net Receivables | $240M |
| Inventory | $153M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $726M |
| PP&E (Net) | $109M |
| Goodwill | $207M |
| Intangible Assets | $144M |
| Long-Term Investments | $9M |
| Tax Assets | $0 |
| Other Non-Current Assets | $47M |
| TOTAL NON-CURRENT ASSETS | $515M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $154M |
| Short-Term Debt | $15M |
| Deferred Revenue | $33M |
| Other Current Liabilities | $47M |
| TOTAL CURRENT LIABILITIES | $305M |
| Long-Term Debt | $213M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $19M |
| TOTAL NON-CURRENT LIABILITIES | $238M |
| TOTAL LIABILITIES | $542M |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $944M |
| Retained Earnings | $669M |
| Treasury Stock | -$917M |
| Accum. Other Comp. Income | $3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $699M |
| Minority Interest | $0 |
| TOTAL EQUITY | $699M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $228M |
| Net Debt | -$73M |
