| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $444M | $461M | $403M | -3.7% | 10.4% |
| Op. Income | $12M | $29M | $21M | -57.3% | -41.7% |
| Gross Margin | 30.3% | 30.1% | 35.9% | 0.3pp | -5.6pp |
| Net Margin | 1.0% | 4.9% | 5.1% | -3.9pp | -4.1pp |
| EPS (Diluted) | $0.13 | $0.64 | $0.54 | -79.7% | -75.9% |
| Free Cash Flow | $46M | $36M | $32M | 27.5% | 45.6% |
| Item | Amount |
|---|---|
| REVENUE | $444M |
| Cost of Revenue | $310M |
| GROSS PROFIT | $135M |
| R&D Expenses | $72M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $38M |
| Other Expenses | $13M |
| Operating Expenses | $110M |
| Cost & Expenses | $432M |
| OPERATING INCOME | $12M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $22M |
| EBIT | $12M |
| EBITDA | $35M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $444M |
| Cost of Revenue | $310M |
| GROSS PROFIT | $135M |
| R&D Expenses | $72M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $38M |
| Other Expenses | $13M |
| Operating Expenses | $110M |
| Cost & Expenses | $432M |
| OPERATING INCOME | $12M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $22M |
| EBIT | $12M |
| EBITDA | $35M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | -$6M |
| Other Non-Cash Items | -$600.0K |
| Change in Working Capital | $16M |
| OPERATING CASH FLOW | $52M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | -$4M |
| Common Stock Repurchased | -$63M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$200.0K |
| NET CASH FROM FINANCING | -$65M |
| FREE CASH FLOW | $46M |
| Net Change in Cash | -$18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $329M |
| Short-Term Investments | $0 |
| Net Receivables | $247M |
| Inventory | $157M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $794M |
| PP&E (Net) | $113M |
| Goodwill | $207M |
| Intangible Assets | $115M |
| Long-Term Investments | $2M |
| Tax Assets | $0 |
| Other Non-Current Assets | $38M |
| TOTAL NON-CURRENT ASSETS | $474M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $173M |
| Short-Term Debt | $15M |
| Deferred Revenue | $35M |
| Other Current Liabilities | $47M |
| TOTAL CURRENT LIABILITIES | $349M |
| Long-Term Debt | $206M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $900.0K |
| Other Non-Current Liabilities | $14M |
| TOTAL NON-CURRENT LIABILITIES | $221M |
| TOTAL LIABILITIES | $570M |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $982M |
| Retained Earnings | $696M |
| Treasury Stock | -$980M |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $699M |
| Minority Interest | $0 |
| TOTAL EQUITY | $699M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $221M |
| Net Debt | -$108M |
