| Metric | Q4 2016 | Q3 2016 | Q4 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $324M | $403M | — | -19.5% | — |
| Op. Income | -$25M | $21M | — | -218.5% | — |
| Gross Margin | 33.4% | 35.9% | — | -2.5pp | — |
| Net Margin | -2.2% | 5.1% | — | -7.3pp | — |
| EPS (Diluted) | $-0.19 | $0.54 | — | -135.2% | — |
| Free Cash Flow | $104M | $32M | — | 228.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $324M |
| Cost of Revenue | $216M |
| GROSS PROFIT | $108M |
| R&D Expenses | $78M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $37M |
| Other Expenses | $18M |
| Operating Expenses | $133M |
| Cost & Expenses | $347M |
| OPERATING INCOME | -$25M |
| Interest Income | $1M |
| Interest Expense | $4M |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$24M |
| Income Tax Expense | -$17M |
| Net Income from Continuing Ops | -$7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$7M |
| D&A | $25M |
| EBIT | -$21M |
| EBITDA | $14M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$7M |
| Depreciation & Amortization | $25M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | -$7M |
| Other Non-Cash Items | $9M |
| Change in Working Capital | $77M |
| OPERATING CASH FLOW | $113M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $6M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | -$61M |
| Common Stock Repurchased | -$116M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | -$163M |
| FREE CASH FLOW | $104M |
| Net Change in Cash | -$54M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $352M |
| Short-Term Investments | $0 |
| Net Receivables | $253M |
| Inventory | $146M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $780M |
| PP&E (Net) | $113M |
| Goodwill | $207M |
| Intangible Assets | $160M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $40M |
| TOTAL NON-CURRENT ASSETS | $520M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $173M |
| Short-Term Debt | $19M |
| Deferred Revenue | $35M |
| Other Current Liabilities | $31M |
| TOTAL CURRENT LIABILITIES | $351M |
| Long-Term Debt | $217M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $9M |
| Other Non-Current Liabilities | $19M |
| TOTAL NON-CURRENT LIABILITIES | $244M |
| TOTAL LIABILITIES | $595M |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $929M |
| Retained Earnings | $665M |
| Treasury Stock | -$892M |
| Accum. Other Comp. Income | $3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $705M |
| Minority Interest | $0 |
| TOTAL EQUITY | $705M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $236M |
| Net Debt | -$117M |
