| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $286M | $284M | $269M | 0.4% | 5.9% |
| Op. Income | $115M | $175M | $201M | -34.6% | -43.1% |
| Gross Margin | 44.6% | 63.7% | 100.0% | -19.0pp | -55.4pp |
| Net Margin | 31.9% | 48.5% | 70.4% | -16.6pp | -38.5pp |
| EPS (Diluted) | $0.56 | $0.85 | $1.17 | -34.1% | -51.9% |
| Free Cash Flow | $144M | $215M | $116M | -33.2% | 23.8% |
| Item | Amount |
|---|---|
| REVENUE | $286M |
| Cost of Revenue | $158M |
| GROSS PROFIT | $127M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $13M |
| Operating Expenses | $13M |
| Cost & Expenses | $171M |
| OPERATING INCOME | $115M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $115M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $91M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $91M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $91M |
| D&A | $0 |
| EBIT | $127M |
| EBITDA | $127M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $286M |
| Cost of Revenue | $158M |
| GROSS PROFIT | $127M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $13M |
| Operating Expenses | $13M |
| Cost & Expenses | $171M |
| OPERATING INCOME | $115M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $115M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $91M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $91M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $91M |
| D&A | $0 |
| EBIT | $127M |
| EBITDA | $127M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $91M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $6M |
| Change in Working Capital | $48M |
| OPERATING CASH FLOW | $144M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$447M |
| Sales/Maturities of Investments | $203M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$245M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | $144M |
| Net Change in Cash | -$104M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $453M |
| Short-Term Investments | $0 |
| Net Receivables | $46M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $499M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $5.0B |
| Tax Assets | $46M |
| Other Non-Current Assets | $107M |
| TOTAL NON-CURRENT ASSETS | $5.2B |
| TOTAL ASSETS | $5.7B |
| Account Payables | $0 |
| Short-Term Debt | $51M |
| Deferred Revenue | $307M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $358M |
| Long-Term Debt | $707M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $82M |
| Other Non-Current Liabilities | $652M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $1.8B |
| Common Stock | $0 |
| Additional Paid-In Capital | $2.4B |
| Retained Earnings | $1.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $208M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.9B |
| TOTAL LIABILITIES & EQUITY | $5.7B |
| Total Debt | $776M |
| Net Debt | $323M |
