Company Information

  

Address: 4300 NORTH FIRST STREET  
City: SAN JOSE 
State: CA 
Zip Code: 95134 
Telephone: 408-490-6242 

Description of Business

Primary SIC Code: 3663
(As filed with the SEC)  

We design, manufacture and sell versatile and high performance video infrastructure products and system solutions that enable our customers to efficiently create, prepare and deliver a full range of video and broadband services to consumer devices, including televisions, personal computers, laptops, tablets and smart phones. We operate in two segments, Video and Cable Edge. Our Video business sells video processing and production and playout solutions and services worldwide to cable operators and satellite and telecommunications (telco) Pay-TV service providers, which we refer to collectively as "service providers," and to broadcast and media companies, including streaming new media companies. Our Cable Edge business sells cable access solutions, including Cable OS and related services, primarily to cable operators globally. Across our two business segments, we derived approximately 51% of our revenue from the Americas in 2016.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
09/2017-1.01NAN/E
06/2017-1.03NAN/E
03/2017-0.90NAN/E
12/2016-0.93NAN/E
09/2016-0.88NAN/E
06/2016-0.73NAN/E
03/2016-0.48NAN/E
12/2015-0.18NAN/E

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity-0.03Total Liab/Total Assets0.51
Net Inc/Total Assets-0.13Total Liab/Inv Cap0.71
Net Inc/Inv Cap-0.18Total Liab/Comm Equity0.13
Pretax Inc/Net Sales-0.20Interest Coverage RatioNA
Net Inc/Net Sales-0.18Curr Debt/Equity0.03
Cash Flow/Net Sales0.00LTD/Equity0.43
SG&A/NetSales0.36Total Debt/Equity0.46
Asset Utilization   Liquidity  
Net Receivables Turnover5.19Quick Ratio1.21
Inventory Turnover5.13Current Ratio1.50
Inventory Day Sales0.01Net Rec/Curr Assets0.40
Net Sales/Work Cap5.64Inv/Curr Assets0.19
Net Sales/PP&E12.62  

Income Statement (Millions)

  9/29/2017 6/30/2017 3/31/2017 12/31/2016
Total Revenues(Net Sales) 92.01 82.32 82.94 113.10
Cost of Goods Sold 44.99 48.50 42.54 55.41
Selling & Admin Exps 37.12 32.63 34.63 38.88
Operating Income -14.21 -27.42 -21.16 -16.23
Interest Exp NA NA NA NA
Pretax Income -17.50 -30.92 -24.26 -19.08
Other Income -0.50 -0.82 -0.51 -0.03
Net Income Bef Extraordinary ... NA NA NA NA
Net Income -15.58 -31.50 -24.03 -10.44

Balance Sheet (Millions)

Assets 9/29/2017 6/30/2017 3/31/2017 12/31/2016
Cash & Short Term Investments 50.04 52.89 55.29 62.56
Receivables - Total 71.58 60.43 69.77 86.77
Inventories - Total 31.75 35.13 39.92 41.19
Total Current Assets 176.06 172.76 192.35 216.84
Net Property, Plant & Equipment 30.73 31.62 31.73 32.16
Total Assets 511.96 508.02 530.70 554.07
Liabilities        
Accounts Payable 86.08 82.94 75.56 85.21
Debt in Current Liabilities 7.43 7.13 6.80 7.28
Total Current Liabilities 146.32 145.24 141.43 144.90
Long-Term Debt 122.76 115.23 118.34 117.17
Total Liabilities 291.36 280.44 279.29 283.43
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock 0.00 0.00 0.00 0.00
Common Stock 0.08 0.08 0.08 0.08
Retained Earnings -2,045.97 -2,030.38 -1,998.88 -1,976.22
Treasury Stock NA NA NA NA
Total Stockholders' Equity 220.60 227.58 251.41 270.64
Total Liabilities and Stockholders' Equity 511.96 508.02 530.70 554.07

Cash Flow Summary (Millions)

Categories 9/29/2017 6/30/2017 3/31/2017 12/31/2016
Net Cash Provided by Operating Activities -8.58 5.71 -3.10 13.08
Net Cash Provided by Investing Activities -3.13 -2.73 3.68 -2.08
Net Cash Provided by Financing Activities 8.37 -5.87 -1.22 0.08

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2012476.87-10.94-0.09
12/2013461.9437.030.20
12/2014433.56-46.25-0.50
12/2015377.03-15.66-0.18
12/2016405.91-72.31-0.93
Growth Rates-3.95----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/1714379,13796.96




Report Date : 12/4/2017

Powered By Edgar Online © 2017EDGAR®Online, a division of Donnelley Financial Solutions. EDGAR® is a federally registered trademark of the U.S. Securities and Exchange Commission. EDGAR Online is not affiliated with or approved by the U.S. Securities and Exchange Commission.