| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $286M | $287M | $359M | -0.1% | -20.2% |
| Op. Income | $84M | -$13M | $89M | 750.1% | -6.3% |
| Gross Margin | 85.8% | 74.2% | 80.8% | 11.6pp | 5.0pp |
| Net Margin | 23.4% | 15.8% | 20.1% | 7.6pp | 3.3pp |
| EPS (Diluted) | $0.40 | $0.26 | $0.43 | 53.8% | -7.0% |
| Free Cash Flow | $107M | $125M | $87M | -14.7% | 22.4% |
| Item | Amount |
|---|---|
| REVENUE | $286M |
| Cost of Revenue | $41M |
| GROSS PROFIT | $246M |
| R&D Expenses | $0 |
| Selling & Marketing | $5M |
| General & Administrative | $104M |
| SG&A Expenses | $109M |
| Other Expenses | $52M |
| Operating Expenses | $162M |
| Cost & Expenses | $202M |
| OPERATING INCOME | $84M |
| Interest Income | $212M |
| Interest Expense | $24M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $84M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $67M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $67M |
| Net Income Deductions | $1.0K |
| BOTTOM LINE NET INCOME | $62M |
| D&A | $24M |
| EBIT | $84M |
| EBITDA | $108M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $286M |
| Cost of Revenue | $41M |
| GROSS PROFIT | $246M |
| R&D Expenses | $0 |
| Selling & Marketing | $5M |
| General & Administrative | $104M |
| SG&A Expenses | $109M |
| Other Expenses | $52M |
| Operating Expenses | $162M |
| Cost & Expenses | $202M |
| OPERATING INCOME | $84M |
| Interest Income | $212M |
| Interest Expense | $24M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $84M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $67M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $67M |
| Net Income Deductions | $1.0K |
| BOTTOM LINE NET INCOME | $62M |
| D&A | $24M |
| EBIT | $84M |
| EBITDA | $108M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $67M |
| Depreciation & Amortization | $24M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $7M |
| Other Non-Cash Items | $10M |
| Change in Working Capital | $19M |
| OPERATING CASH FLOW | $127M |
| Capital Expenditure | -$20M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$316M |
| Sales/Maturities of Investments | $576M |
| Other Investing Activities | $539M |
| NET CASH FROM INVESTING | $779M |
| Net Debt Issuance | -$1.1B |
| Common Stock Repurchased | -$103.0K |
| Common Dividends Paid | -$28M |
| Other Financing Activities | -$221M |
| NET CASH FROM FINANCING | -$1.3B |
| FREE CASH FLOW | $107M |
| Net Change in Cash | -$398M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $716M |
| Short-Term Investments | $3.1B |
| Net Receivables | $90M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.9B |
| PP&E (Net) | $419M |
| Goodwill | $1.1B |
| Intangible Assets | $110M |
| Long-Term Investments | $26.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.5B |
| TOTAL NON-CURRENT ASSETS | $29.5B |
| TOTAL ASSETS | $33.4B |
| Account Payables | $0 |
| Short-Term Debt | $252M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $26.5B |
| TOTAL CURRENT LIABILITIES | $27.1B |
| Long-Term Debt | $2.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $48M |
| TOTAL NON-CURRENT LIABILITIES | $2.2B |
| TOTAL LIABILITIES | $29.3B |
| Common Stock | $2M |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | $2.5B |
| Treasury Stock | -$456M |
| Accum. Other Comp. Income | $13M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.1B |
| TOTAL LIABILITIES & EQUITY | $33.4B |
| Total Debt | $2.4B |
| Net Debt | $1.7B |
