| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $211M | $224M | — | -5.9% | — |
| Op. Income | $10M | -$98M | — | 110.3% | — |
| Gross Margin | 57.7% | 60.7% | — | -3.0pp | — |
| Net Margin | 37.0% | -31.6% | — | 68.6pp | — |
| EPS (Diluted) | $0.33 | $-0.30 | — | 210.0% | — |
| Free Cash Flow | -$1M | $9M | — | -114.4% | — |
| Item | Amount |
|---|---|
| REVENUE | $211M |
| Cost of Revenue | $89M |
| GROSS PROFIT | $122M |
| R&D Expenses | $36M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $75M |
| Other Expenses | $0 |
| Operating Expenses | $112M |
| Cost & Expenses | $201M |
| OPERATING INCOME | $10M |
| Interest Income | $1M |
| Interest Expense | $9M |
| Other Income/Expenses | $74M |
| INCOME BEFORE TAX | $84M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $78M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $78M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $78M |
| D&A | $15M |
| EBIT | $93M |
| EBITDA | $108M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $211M |
| Cost of Revenue | $89M |
| GROSS PROFIT | $122M |
| R&D Expenses | $36M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $75M |
| Other Expenses | $0 |
| Operating Expenses | $112M |
| Cost & Expenses | $201M |
| OPERATING INCOME | $10M |
| Interest Income | $1M |
| Interest Expense | $9M |
| Other Income/Expenses | $74M |
| INCOME BEFORE TAX | $84M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $78M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $78M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $78M |
| D&A | $15M |
| EBIT | $93M |
| EBITDA | $108M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $78M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | -$400.0K |
| Other Non-Cash Items | -$73M |
| Change in Working Capital | -$18M |
| OPERATING CASH FLOW | $10M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$234M |
| Sales/Maturities of Investments | $245M |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | $2M |
| Net Debt Issuance | -$200.0K |
| Common Stock Repurchased | -$26M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | -$22M |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | -$9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $474M |
| Short-Term Investments | $559M |
| Net Receivables | $166M |
| Inventory | $47M |
| Other Current Assets | $41M |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $137M |
| Goodwill | $152M |
| Intangible Assets | $52M |
| Long-Term Investments | $5M |
| Tax Assets | $111M |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $465M |
| TOTAL ASSETS | $1.8B |
| Account Payables | $37M |
| Short-Term Debt | $0 |
| Deferred Revenue | $70M |
| Other Current Liabilities | $86M |
| TOTAL CURRENT LIABILITIES | $243M |
| Long-Term Debt | $591M |
| Deferred Revenue NC | $19M |
| Deferred Tax Liabilities | -$19M |
| Other Non-Current Liabilities | $127M |
| TOTAL NON-CURRENT LIABILITIES | $765M |
| TOTAL LIABILITIES | $1.0B |
| Common Stock | $200.0K |
| Additional Paid-In Capital | $70.1B |
| Retained Earnings | -$69.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $17M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $755M |
| Minority Interest | $0 |
| TOTAL EQUITY | $755M |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $591M |
| Net Debt | $117M |
