| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $427M | $444M | $324M | -4.0% | 31.7% |
| Op. Income | $18M | $12M | -$25M | 46.3% | 172.0% |
| Gross Margin | 29.7% | 30.3% | 33.4% | -0.6pp | -3.6pp |
| Net Margin | 4.2% | 1.0% | -2.2% | 3.2pp | 6.4pp |
| EPS (Diluted) | $0.51 | $0.13 | $-0.19 | 292.3% | 368.4% |
| Free Cash Flow | $42M | $46M | $104M | -9.5% | -59.8% |
| Item | Amount |
|---|---|
| REVENUE | $427M |
| Cost of Revenue | $300M |
| GROSS PROFIT | $127M |
| R&D Expenses | $74M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $33M |
| Other Expenses | $0 |
| Operating Expenses | $107M |
| Cost & Expenses | $407M |
| OPERATING INCOME | $18M |
| Interest Income | $2M |
| Interest Expense | $4M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$300.0K |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $22M |
| EBIT | $3M |
| EBITDA | $40M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $427M |
| Cost of Revenue | $300M |
| GROSS PROFIT | $127M |
| R&D Expenses | $74M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $33M |
| Other Expenses | $0 |
| Operating Expenses | $107M |
| Cost & Expenses | $407M |
| OPERATING INCOME | $18M |
| Interest Income | $2M |
| Interest Expense | $4M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$300.0K |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $22M |
| EBIT | $3M |
| EBITDA | $40M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $18M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | -$6M |
| Other Non-Cash Items | $200.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $48M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | -$10M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $42M |
| Net Change in Cash | $39M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $368M |
| Short-Term Investments | $0 |
| Net Receivables | $255M |
| Inventory | $131M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $792M |
| PP&E (Net) | $114M |
| Goodwill | $207M |
| Intangible Assets | $101M |
| Long-Term Investments | $2M |
| Tax Assets | $0 |
| Other Non-Current Assets | $52M |
| TOTAL NON-CURRENT ASSETS | $475M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $136M |
| Short-Term Debt | $15M |
| Deferred Revenue | $35M |
| Other Current Liabilities | $45M |
| TOTAL CURRENT LIABILITIES | $310M |
| Long-Term Debt | $202M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $14M |
| TOTAL NON-CURRENT LIABILITIES | $216M |
| TOTAL LIABILITIES | $527M |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | $714M |
| Treasury Stock | -$980M |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $740M |
| Minority Interest | $0 |
| TOTAL EQUITY | $740M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $217M |
| Net Debt | -$151M |
