$1.09B
Revenue
$71.27M
Net Income
74.12%
Gross Margin
4.43%
Op. Margin
$259.33M
Free Cash Flow
| Breakdown | Q4 2014 (Dec 31, 2014) |
Q3 2014 (Sep 30, 2014) |
Q2 2014 (Jun 30, 2014) |
Q1 2014 (Mar 31, 2014) |
Q4 2013 (Dec 31, 2013) |
Q3 2013 (Sep 30, 2013) |
Q2 2013 (Jun 30, 2013) |
Q1 2013 (Mar 31, 2013) |
Q4 2012 (Dec 31, 2012) |
Q3 2012 (Sep 30, 2012) |
Q2 2012 (Jun 30, 2012) |
Q1 2012 (Mar 31, 2012) |
Q4 2011 (Dec 31, 2011) |
Q3 2011 (Sep 30, 2011) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $283.39M | $276.37M | $264.03M | $265.42M | $283.26M | $261.72M | $249.91M | $246.14M | $237.38M | $218.60M | $198.47M | $182.41M | $202.84M | $189.78M |
| Revenue Growth % (YoY) | 0.0% | 5.6% | 5.6% | 7.8% | 19.3% | 19.7% | 25.9% | 34.9% | 17.0% | 15.2% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $72.64M | $70.34M | $69.02M | $69.91M | $71.78M | $70.86M | $70.36M | $68.94M | $58.29M | $50.06M | $49.80M | $46.67M | $50.06M | $44.97M |
| Gross Profit | $210.75M | $206.04M | $195.00M | $195.50M | $211.49M | $190.87M | $179.55M | $177.20M | $179.09M | $168.54M | $148.67M | $135.74M | $152.78M | $144.82M |
| Gross Margin % | 74.4% | 74.5% | 73.9% | 73.7% | 74.7% | 72.9% | 71.8% | 72.0% | 75.4% | 77.1% | 74.9% | 74.4% | 75.3% | 76.3% |
| Operating Expenses | $202.26M | $187.02M | $182.54M | $187.19M | $184.47M | $188.33M | $189.78M | $187.93M | $165.41M | $129.09M | $118.46M | $123.12M | $128.16M | $119.29M |
| Research & Development | $50.29M | $53.35M | $51.30M | $50.65M | $40.21M | $49.46M | $51.02M | $48.96M | $40.06M | $36.14M | $35.80M | $34.11M | $33.71M | $31.00M |
| Operating Income | $8.50M | $19.02M | $12.47M | $8.32M | $27.01M | $2.54M | $-10.22M | $-10.73M | $13.68M | $39.45M | $30.21M | $12.63M | $24.62M | $25.52M |
| Operating Margin % | 3.0% | 6.9% | 4.7% | 3.1% | 9.5% | 1.0% | -4.1% | -4.4% | 5.8% | 18.0% | 15.2% | 6.9% | 12.1% | 13.4% |
| Other Income/Expense | $54.77M | $-2.77M | $-2.71M | $-2.71M | $-17.82M | $-5.06M | $-5.91M | $-6.36M | $-2.33M | $5.00K | $259.00K | $-1.50M | $-2.10M | $-151.00K |
| Income Before Tax | $63.27M | $16.25M | $9.75M | $5.61M | $9.19M | $-2.53M | $-16.13M | $-17.10M | $12.99M | $39.45M | $30.47M | $11.12M | $24.09M | $25.37M |
| Income Tax Expense | $13.54M | $4.76M | $2.99M | $2.32M | $799.00K | $-6.34M | $387.00K | $-8.99M | $8.21M | $14.72M | $12.33M | $4.17M | $3.93M | $6.05M |
| Net Income | $49.73M | $11.48M | $6.76M | $3.29M | $8.39M | $3.82M | $-16.52M | $-8.11M | $4.78M | $24.73M | $18.13M | $6.95M | $20.15M | $19.32M |
| Net Margin % | 17.5% | 4.2% | 2.6% | 1.2% | 3.0% | 1.5% | -6.6% | -3.3% | 2.0% | 11.3% | 9.1% | 3.8% | 9.9% | 10.2% |
| Basic EPS | 0.31 | 0.07 | 0.04 | 0.02 | 0.05 | 0.02 | -0.10 | -0.05 | 0.03 | 0.16 | 0.12 | 0.04 | 0.13 | 0.12 |
| Diluted EPS | 0.31 | 0.07 | 0.04 | 0.02 | 0.05 | 0.02 | -0.10 | -0.05 | 0.03 | 0.15 | 0.11 | 0.04 | 0.12 | 0.12 |
| Basic Shares Outstanding | -768K | 157.6M | 160.6M | 160.2M | -723K | 162.9M | 164.0M | 163.4M | -108K | 153.8M | 157.3M | 157.9M | 430K | 155.4M |
| Diluted Shares Outstanding | -904K | 162.3M | 164.7M | 165.3M | -723K | 167.7M | 164.0M | 163.4M | -310K | 161.9M | 165.3M | 167.5M | -20K | 167.0M |
| Breakdown | Q4 2014 (Dec 31, 2014) |
Q3 2014 (Sep 30, 2014) |
Q2 2014 (Jun 30, 2014) |
Q1 2014 (Mar 31, 2014) |
Q4 2013 (Dec 31, 2013) |
Q3 2013 (Sep 30, 2013) |
Q2 2013 (Jun 30, 2013) |
Q1 2013 (Mar 31, 2013) |
Q4 2012 (Dec 31, 2012) |
Q3 2012 (Sep 30, 2012) |
Q2 2012 (Jun 30, 2012) |
Q1 2012 (Mar 31, 2012) |
Q4 2011 (Dec 31, 2011) |
Q3 2011 (Sep 30, 2011) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $296.38M | $207.78M | $217.61M | $244.90M | $208.02M | $207.81M | $218.66M | $227.35M | $280.51M | $279.28M | $185.02M | $254.30M | $215.48M | $153.86M |
| Short-term Investments | $212.79M | $189.94M | $207.16M | $229.29M | $251.34M | $225.25M | $194.84M | $179.30M | $170.60M | $253.77M | $242.49M | $230.03M | $254.75M | $321.83M |
| Accounts Receivable | $104.03M | $114.41M | $108.56M | $99.10M | $93.84M | $100.79M | $93.28M | $101.04M | $113.19M | $86.41M | $85.14M | $71.33M | $78.02M | $70.61M |
| Inventory | $14.79M | $17.52M | $17.50M | $21.22M | $25.02M | $31.69M | $27.86M | $26.72M | $24.18M | $18.84M | $18.23M | $18.88M | $11.44M | $15.40M |
| Other Current Assets | $54.23M | $58.79M | $62.91M | $57.22M | $49.02M | $56.63M | $54.82M | $61.40M | $50.24M | $36.38M | $38.87M | $39.58M | $35.08M | $30.19M |
| Total Current Assets | $744.98M | $606.25M | $631.00M | $662.16M | $634.46M | $641.18M | $607.77M | $608.52M | $649.91M | $691.54M | $585.26M | $633.11M | $611.54M | $608.92M |
| Property Plant & Equipment | $70.80M | $74.13M | $75.95M | $68.61M | $57.81M | $53.59M | $51.84M | $49.38M | $49.24M | $35.84M | $32.73M | $32.13M | $29.28M | $27.75M |
| Goodwill | $669.72M | $704.30M | $704.30M | $704.30M | $704.30M | $702.52M | $702.52M | $700.96M | $699.78M | $117.63M | $117.63M | $117.63M | $117.47M | $117.69M |
| Intangible Assets | $304.54M | $340.01M | $361.13M | $382.46M | $404.47M | $429.50M | $455.31M | $481.53M | $506.84M | $57.90M | $62.81M | $69.03M | $68.27M | $73.45M |
| Long-term Investments | $104.73M | $78.95M | $95.09M | $85.46M | $72.67M | $87.85M | $105.33M | $96.16M | $78.48M | $137.05M | $122.67M | $130.45M | $123.13M | $83.58M |
| Other Non-current Assets | $31.71M | $20.93M | $21.43M | $22.32M | $23.88M | $33.32M | $35.66M | $31.01M | $33.63M | $23.26M | $24.37M | $24.79M | $24.79M | $22.58M |
| Total Assets | $1.93B | $1.82B | $1.89B | $1.93B | $1.90B | $1.95B | $1.96B | $1.97B | $2.02B | $1.12B | $1.00B | $1.07B | $1.03B | $979.69M |
| Accounts Payable | $47.01M | $41.61M | $41.39M | $42.90M | $45.52M | $42.71M | $42.36M | $38.07M | $50.42M | $38.82M | $33.67M | $36.34M | $35.34M | $37.42M |
| Short-term Debt | $15.00M | $15.00M | $15.00M | $15.00M | $15.00M | - | - | - | $5.33M | - | - | - | - | - |
| Deferred Revenue | $219.60M | $228.04M | $231.14M | $231.43M | $217.13M | $212.44M | $213.11M | $203.63M | $182.22M | $152.96M | $134.01M | $130.20M | $121.13M | $114.42M |
| Total Current Liabilities | $402.07M | $388.68M | $380.99M | $376.91M | $366.16M | $335.93M | $325.04M | $323.80M | $339.94M | $257.33M | $224.26M | $239.98M | $260.69M | $232.26M |
| Long-term Debt | $495.00M | $498.75M | $502.50M | $506.25M | $510.00M | $522.44M | $522.34M | $522.24M | $566.81M | - | - | - | - | - |
| Other Non-current Liabilities | $47.34M | $47.90M | $50.99M | $49.76M | $48.91M | $47.95M | $46.21M | $28.27M | $25.66M | $25.03M | $24.61M | $24.19M | $23.20M | $21.83M |
| Common Stock | $649.70M | $622.92M | $688.13M | $724.32M | $702.93M | - | - | - | - | - | - | - | - | - |
| Retained Earnings | $196.56M | $146.83M | $135.35M | $128.58M | $125.30M | $116.90M | $113.08M | $129.60M | $137.71M | $132.93M | $108.20M | $90.06M | $83.12M | $62.96M |
| Total Stockholders Equity | $840.60M | $766.27M | $823.78M | $853.14M | $828.64M | $875.34M | $886.68M | $896.63M | $894.22M | $745.39M | $713.76M | $761.44M | $711.06M | $692.29M |
| Total Liabilities & Equity | $1.93B | $1.82B | $1.89B | $1.93B | $1.90B | $1.95B | $1.96B | $1.97B | $2.02B | $1.12B | $1.00B | $1.07B | $1.03B | $979.69M |
| Breakdown | Q4 2014 (Dec 31, 2014) |
Q3 2014 (Sep 30, 2014) |
Q2 2014 (Jun 30, 2014) |
Q1 2014 (Mar 31, 2014) |
Q4 2013 (Dec 31, 2013) |
Q3 2013 (Sep 30, 2013) |
Q2 2013 (Jun 30, 2013) |
Q1 2013 (Mar 31, 2013) |
Q4 2012 (Dec 31, 2012) |
Q3 2012 (Sep 30, 2012) |
Q2 2012 (Jun 30, 2012) |
Q1 2012 (Mar 31, 2012) |
Q4 2011 (Dec 31, 2011) |
Q3 2011 (Sep 30, 2011) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $49.73M | $11.48M | $6.76M | $3.29M | $8.39M | $3.82M | $-16.52M | $-8.11M | $4.78M | $24.73M | $18.13M | $6.95M | $20.15M | $43.65M |
| Depreciation & Amortization | $28.19M | $85.56M | $57.05M | $28.99M | $31.55M | $94.62M | $62.78M | $31.36M | $12.27M | $27.74M | $18.45M | $8.68M | $8.00M | $16.48M |
| Stock-based Compensation | $22.58M | $24.61M | $21.57M | $21.75M | $15.40M | $75.16M | $25.53M | $24.53M | $23.12M | $66.17M | $22.94M | $22.98M | $21.73M | $68.00M |
| Deferred Income Tax | - | - | - | - | - | - | - | - | - | - | - | - | - | $-6.46M |
| Change in Receivables | $-10.44M | $20.57M | $14.72M | $5.26M | $-6.96M | $-12.40M | $-19.91M | $-12.15M | $4.99M | $8.40M | $7.13M | $-6.69M | $7.40M | $15.89M |
| Change in Inventory | $-1.40M | $-7.51M | $-7.52M | $-3.81M | $-6.66M | $7.51M | $3.69M | $2.55M | $-1.05M | $7.29M | $6.68M | $7.33M | $-3.96M | $219.00K |
| Change in Payables | $5.85M | $1.98M | $-4.77M | $-5.09M | $-594.00K | $-10.04M | $-8.28M | $-12.19M | $1.00M | $3.56M | $-618.00K | $1.56M | $-723.00K | $7.98M |
| Operating Cash Flow | $77.90M | $149.78M | $82.09M | $45.37M | $88.96M | $128.39M | $80.57M | $43.27M | $53.95M | $185.31M | $45.41M | $15.12M | $61.62M | $147.29M |
| Capital Expenditure | $5.99M | $43.31M | $31.21M | $15.30M | $7.34M | $18.28M | $12.63M | $5.35M | $4.83M | $17.12M | $11.30M | $6.65M | $6.04M | $12.02M |
| Acquisitions | - | $679.00K | - | - | - | $1.00M | $1.00M | $1.00M | $783.81M | $6.46M | $6.46M | $6.46M | $358.00K | $120.18M |
| Sales of Investments | $67.03M | $237.71M | $166.31M | $94.25M | $63.12M | $236.56M | $161.25M | $90.69M | $69.92M | $274.43M | $225.20M | $143.04M | $107.28M | $294.51M |
| Investing Cash Flow | $10.86M | $9.70M | $-10.36M | $-6.41M | $-18.97M | $-85.08M | $-66.34M | $-33.34M | $-614.51M | $-39.87M | $-7.66M | $3.28M | $21.56M | $-205.83M |
| Debt Repayment | - | $11.25M | $7.50M | $3.75M | - | $50.02M | $50.02M | $49.32M | - | - | - | - | - | - |
| Stock Repurchased | - | $195.57M | $100.04M | $25.00M | $75.00M | $125.08M | $75.08M | $25.03M | - | $127.14M | $101.41M | $1.41M | $15.02M | $20.02M |
| Financing Cash Flow | $2.02M | $-155.66M | $-61.97M | $-1.83M | $-69.93M | $-117.58M | $-74.89M | $-61.73M | $561.55M | $-84.14M | $-69.90M | $18.20M | $-22.56M | $46.37M |
| Net Change in Cash | $88.60M | $-240.00K | $9.59M | $36.88M | $211.00K | $-72.70M | $-61.85M | $-53.16M | $1.23M | $63.80M | $-30.46M | $38.82M | $61.62M | $-11.87M |
SEC Filing Format - Data shown as it appears in the Q3 2014 (10-Q) filing
Period ended: Sep 30, 2014
Condensed Consolidated Statements of Operations
| Description | Sep 30, 2014 | Sep 30, 2014 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Total Revenue | $276.37M | $261.72M | $805.82M | $757.77M |
| Cost of Revenue | $70.34M | $70.86M | $209.27M | $210.16M |
| Gross Profit | $206.04M | $190.87M | $596.54M | $547.62M |
| Operating Expenses | $187.02M | $188.33M | $556.74M | $566.04M |
| Research & Development | $53.35M | $49.46M | $155.30M | $149.44M |
| Operating Income | $19.02M | $2.54M | $39.80M | $-18.42M |
| Other Income/Expense | $-2.77M | $-5.06M | $-8.20M | $-17.34M |
| Income Before Tax | $16.25M | $-2.53M | $31.60M | $-35.76M |
| Income Tax Expense | $4.76M | $-6.34M | $10.07M | $-14.95M |
| Net Income | $11.48M | $3.82M | $21.54M | $-20.81M |
| Basic EPS | 0.07 | 0.02 | 0.14 | -0.13 |
| Diluted EPS | 0.07 | 0.02 | 0.13 | -0.13 |
| Basic Shares Outstanding | $157.57M | $162.93M | $159.45M | $163.43M |
| Diluted Shares Outstanding | $162.32M | $167.69M | $164.10M | $163.43M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2014 | Dec 31, 2013 |
|---|---|---|
| Cash & Cash Equivalents | $207.78M | $208.02M |
| Short-term Investments | $189.94M | $251.34M |
| Accounts Receivable | $114.41M | $93.84M |
| Inventory | $17.52M | $25.02M |
| Other Current Assets | $58.79M | $49.02M |
| Total Current Assets | $606.25M | $634.46M |
| Property Plant & Equipment | $74.13M | $57.81M |
| Goodwill | $704.30M | $704.30M |
| Intangible Assets | $340.01M | $404.47M |
| Long-term Investments | $78.95M | $72.67M |
| Other Non-current Assets | $20.93M | $23.88M |
| Total Assets | $1.82B | $1.90B |
| Accounts Payable | $41.61M | $45.52M |
| Short-term Debt | $15.00M | $15.00M |
| Deferred Revenue | $228.04M | $217.13M |
| Total Current Liabilities | $388.68M | $366.16M |
| Long-term Debt | $498.75M | $510.00M |
| Other Non-current Liabilities | $47.90M | $48.91M |
| Common Stock | $622.92M | $702.93M |
| Retained Earnings | $146.83M | $125.30M |
| Total Stockholders Equity | $766.27M | $828.64M |
| Total Liabilities & Equity | $1.82B | $1.90B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2014 | Sep 30, 2014 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $11.48M | $3.82M | $21.54M | $-20.81M |
| Depreciation & Amortization | - | - | $85.56M | $94.62M |
| Stock-based Compensation | $24.61M | $25.10M | $67.93M | $75.16M |
| Change in Receivables | - | - | $20.57M | $-12.40M |
| Change in Inventory | - | - | $-7.51M | $7.51M |
| Change in Payables | - | - | $1.98M | $-10.04M |
| Operating Cash Flow | - | - | $149.78M | $128.39M |
| Capital Expenditure | - | - | $43.31M | $18.28M |
| Acquisitions | - | - | $679.00K | $1.00M |
| Sales of Investments | - | - | $237.71M | $236.56M |
| Investing Cash Flow | - | - | $9.70M | $-85.08M |
| Debt Repayment | - | - | $11.25M | $50.02M |
| Stock Repurchased | - | - | $195.57M | $125.08M |
| Financing Cash Flow | - | - | $-155.66M | $-117.58M |
| Net Change in Cash | - | - | $-240.00K | $-72.70M |
All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-Q filings.
Quarterly data represents single quarter results (Q1-Q4). Some items may show year-to-date values if quarterly breakdown is unavailable.