Overseas cash was $511.8M (of their total cash of $533.9M) on 3/31/17. Any tax holiday for repatriating overseas cash would be a big benefit to UBNT. Would they buy back more shares or would they issue a special dividend?
In the past UBNT has issued a dividend twice. They paid $0.18 in December 2012 and $0.17 in October 2014. $511M taxed at 20% would leave $409M to bring home which would represent almost $5 per share.
Chris