| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $708M | $670M | $586M | 5.7% | 21.0% |
| Op. Income | $63M | $64M | $55M | -1.9% | 13.6% |
| Gross Margin | 52.2% | 52.2% | 53.4% | 0.1pp | -1.2pp |
| Net Margin | -4.9% | 8.3% | 6.4% | -13.3pp | -11.4pp |
| EPS (Diluted) | $-0.14 | $0.22 | $0.15 | -163.6% | -193.3% |
| Free Cash Flow | $85M | $51M | $119M | 67.5% | -28.8% |
| Item | Amount |
|---|---|
| REVENUE | $708M |
| Cost of Revenue | $338M |
| GROSS PROFIT | $370M |
| R&D Expenses | $98M |
| Selling & Marketing | $108M |
| General & Administrative | $84M |
| SG&A Expenses | $192M |
| Other Expenses | -$7M |
| Operating Expenses | $307M |
| Cost & Expenses | $645M |
| OPERATING INCOME | $63M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | $600.0K |
| INCOME BEFORE TAX | $56M |
| Income Tax Expense | $91M |
| Net Income from Continuing Ops | -$35M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$35M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$35M |
| D&A | $48M |
| EBIT | $66M |
| EBITDA | $114M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$35M |
| Depreciation & Amortization | $48M |
| Stock-Based Compensation | $20M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $64M |
| OPERATING CASH FLOW | $102M |
| Capital Expenditure | -$17M |
| Acquisitions (Net) | -$6M |
| Purchases of Investments | -$68M |
| Sales/Maturities of Investments | $43M |
| Other Investing Activities | $6M |
| NET CASH FROM INVESTING | -$43M |
| Net Debt Issuance | $218M |
| Common Stock Repurchased | -$174M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $45M |
| FREE CASH FLOW | $85M |
| Net Change in Cash | $104M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $359M |
| Short-Term Investments | $179M |
| Net Receivables | $458M |
| Inventory | $272M |
| Other Current Assets | $50M |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $174M |
| Goodwill | $2.3B |
| Intangible Assets | $365M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $179M |
| TOTAL NON-CURRENT ASSETS | $3.0B |
| TOTAL ASSETS | $4.3B |
| Account Payables | $146M |
| Short-Term Debt | $128M |
| Deferred Revenue | $272M |
| Other Current Liabilities | $243M |
| TOTAL CURRENT LIABILITIES | $809M |
| Long-Term Debt | $786M |
| Deferred Revenue NC | $41M |
| Deferred Tax Liabilities | $40M |
| Other Non-Current Liabilities | $256M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.9B |
| Common Stock | $200.0K |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | $1.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$131M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.4B |
| TOTAL LIABILITIES & EQUITY | $4.3B |
| Total Debt | $914M |
| Net Debt | $555M |
