| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $835M | $734M | $650M | 13.7% | 28.4% |
| Op. Income | $213M | $177M | $151M | 20.4% | 41.0% |
| Gross Margin | 73.2% | 72.7% | 72.6% | 0.4pp | 0.5pp |
| Net Margin | 19.1% | 19.0% | 18.7% | 0.1pp | 0.4pp |
| EPS (Diluted) | $2.00 | $1.76 | $1.53 | 13.6% | 30.7% |
| Free Cash Flow | $328M | $190M | $176M | 72.9% | 86.9% |
| Item | Amount |
|---|---|
| REVENUE | $835M |
| Cost of Revenue | $224M |
| GROSS PROFIT | $610M |
| R&D Expenses | $49M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $348M |
| Other Expenses | $0 |
| Operating Expenses | $397M |
| Cost & Expenses | $621M |
| OPERATING INCOME | $213M |
| Interest Income | $337.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $215M |
| Income Tax Expense | $56M |
| Net Income from Continuing Ops | $159M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $159M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $159M |
| D&A | $25M |
| EBIT | $213M |
| EBITDA | $238M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $835M |
| Cost of Revenue | $224M |
| GROSS PROFIT | $610M |
| R&D Expenses | $49M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $348M |
| Other Expenses | $0 |
| Operating Expenses | $397M |
| Cost & Expenses | $621M |
| OPERATING INCOME | $213M |
| Interest Income | $337.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $215M |
| Income Tax Expense | $56M |
| Net Income from Continuing Ops | $159M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $159M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $159M |
| D&A | $25M |
| EBIT | $213M |
| EBITDA | $238M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $159M |
| Depreciation & Amortization | $25M |
| Stock-Based Compensation | $25M |
| Deferred Income Tax | $11M |
| Other Non-Cash Items | $12M |
| Change in Working Capital | $149M |
| OPERATING CASH FLOW | $381M |
| Capital Expenditure | -$53M |
| Acquisitions (Net) | -$421M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $429M |
| NET CASH FROM INVESTING | -$45M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $328M |
| Net Change in Cash | $345M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $961M |
| Short-Term Investments | $0 |
| Net Receivables | $658M |
| Inventory | $139M |
| Other Current Assets | $62M |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $817M |
| Goodwill | $445M |
| Intangible Assets | $130M |
| Long-Term Investments | $0 |
| Tax Assets | $1.6B |
| Other Non-Current Assets | $35M |
| TOTAL NON-CURRENT ASSETS | $3.0B |
| TOTAL ASSETS | $4.8B |
| Account Payables | $142M |
| Short-Term Debt | $0 |
| Deferred Revenue | $778M |
| Other Current Liabilities | $184M |
| TOTAL CURRENT LIABILITIES | $1.3B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $206M |
| TOTAL NON-CURRENT LIABILITIES | $270M |
| TOTAL LIABILITIES | $1.6B |
| Common Stock | $8.0K |
| Additional Paid-In Capital | $975M |
| Retained Earnings | $2.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $44M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.2B |
| TOTAL LIABILITIES & EQUITY | $4.8B |
| Total Debt | $86M |
| Net Debt | -$875M |
