| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $198M | $196M | $224M | 1.1% | -11.6% |
| Op. Income | $13M | $3M | -$98M | 318.8% | 113.7% |
| Gross Margin | 58.4% | 57.9% | 60.7% | 0.4pp | -2.4pp |
| Net Margin | 6.9% | 13.3% | -31.6% | -6.3pp | 38.6pp |
| EPS (Diluted) | $0.06 | $0.11 | $-0.30 | -45.5% | 120.0% |
| Free Cash Flow | $26M | $7M | $9M | 265.7% | 184.4% |
| Item | Amount |
|---|---|
| REVENUE | $198M |
| Cost of Revenue | $83M |
| GROSS PROFIT | $116M |
| R&D Expenses | $30M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $72M |
| Other Expenses | $0 |
| Operating Expenses | $102M |
| Cost & Expenses | $185M |
| OPERATING INCOME | $13M |
| Interest Income | $3M |
| Interest Expense | $14M |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $2M |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $14M |
| EBIT | $32M |
| EBITDA | $46M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $198M |
| Cost of Revenue | $83M |
| GROSS PROFIT | $116M |
| R&D Expenses | $30M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $72M |
| Other Expenses | $0 |
| Operating Expenses | $102M |
| Cost & Expenses | $185M |
| OPERATING INCOME | $13M |
| Interest Income | $3M |
| Interest Expense | $14M |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $2M |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $14M |
| EBIT | $32M |
| EBITDA | $46M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $14M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $34M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $8M |
| Purchases of Investments | -$137M |
| Sales/Maturities of Investments | $183M |
| Other Investing Activities | -$7M |
| NET CASH FROM INVESTING | $39M |
| Net Debt Issuance | -$46M |
| Common Stock Repurchased | -$400.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$44M |
| FREE CASH FLOW | $26M |
| Net Change in Cash | $40M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.0B |
| Short-Term Investments | $432M |
| Net Receivables | $120M |
| Inventory | $48M |
| Other Current Assets | $54M |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $137M |
| Goodwill | $152M |
| Intangible Assets | $31M |
| Long-Term Investments | $5M |
| Tax Assets | $110M |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $444M |
| TOTAL ASSETS | $2.1B |
| Account Payables | $33M |
| Short-Term Debt | $0 |
| Deferred Revenue | $60M |
| Other Current Liabilities | $117M |
| TOTAL CURRENT LIABILITIES | $229M |
| Long-Term Debt | $931M |
| Deferred Revenue NC | $14M |
| Deferred Tax Liabilities | -$14M |
| Other Non-Current Liabilities | $122M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $200.0K |
| Additional Paid-In Capital | $70.2B |
| Retained Earnings | -$69.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$92M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $786M |
| Minority Interest | $0 |
| TOTAL EQUITY | $786M |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $931M |
| Net Debt | -$73M |
