| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.7B | $3.8B | $3.7B | 21.0% | 26.3% |
| Op. Income | $356M | $289M | $281M | 22.9% | 26.7% |
| Gross Margin | 14.9% | 15.1% | 16.2% | -0.2pp | -1.3pp |
| Net Margin | 6.7% | 5.4% | 5.5% | 1.3pp | 1.2pp |
| EPS (Diluted) | $0.01 | $0.10 | $0.01 | -89.6% | 68.4% |
| Free Cash Flow | $311M | -$71M | $374M | 539.7% | -16.7% |
| Item | Amount |
|---|---|
| REVENUE | $4.7B |
| Cost of Revenue | $4.0B |
| GROSS PROFIT | $693M |
| R&D Expenses | $154M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $183M |
| Other Expenses | $0 |
| Operating Expenses | $337M |
| Cost & Expenses | $4.3B |
| OPERATING INCOME | $356M |
| Interest Income | $0 |
| Interest Expense | $19M |
| Other Income/Expenses | $38M |
| INCOME BEFORE TAX | $394M |
| Income Tax Expense | $57M |
| Net Income from Continuing Ops | $336M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $314M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $314M |
| D&A | $394M |
| EBIT | $412M |
| EBITDA | $806M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $4.7B |
| Cost of Revenue | $4.0B |
| GROSS PROFIT | $693M |
| R&D Expenses | $154M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $183M |
| Other Expenses | $0 |
| Operating Expenses | $337M |
| Cost & Expenses | $4.3B |
| OPERATING INCOME | $356M |
| Interest Income | $0 |
| Interest Expense | $19M |
| Other Income/Expenses | $38M |
| INCOME BEFORE TAX | $394M |
| Income Tax Expense | $57M |
| Net Income from Continuing Ops | $336M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $314M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $314M |
| D&A | $394M |
| EBIT | $412M |
| EBITDA | $806M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $314M |
| Depreciation & Amortization | $394M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $109M |
| OPERATING CASH FLOW | $818M |
| Capital Expenditure | -$507M |
| Acquisitions (Net) | -$126M |
| Purchases of Investments | -$8M |
| Sales/Maturities of Investments | $22M |
| Other Investing Activities | $14M |
| NET CASH FROM INVESTING | -$627M |
| Net Debt Issuance | -$471M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$3M |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | -$440M |
| FREE CASH FLOW | $311M |
| Net Change in Cash | -$83M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.6B |
| Short-Term Investments | $155M |
| Net Receivables | $3.2B |
| Inventory | $2.0B |
| Other Current Assets | $145M |
| TOTAL CURRENT ASSETS | $7.1B |
| PP&E (Net) | $7.7B |
| Goodwill | $1.7B |
| Intangible Assets | $878M |
| Long-Term Investments | $547M |
| Tax Assets | $173M |
| Other Non-Current Assets | $437M |
| TOTAL NON-CURRENT ASSETS | $11.4B |
| TOTAL ASSETS | $18.5B |
| Account Payables | $2.3B |
| Short-Term Debt | $1.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $827M |
| TOTAL CURRENT LIABILITIES | $5.5B |
| Long-Term Debt | $4.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $226M |
| Other Non-Current Liabilities | $446M |
| TOTAL NON-CURRENT LIABILITIES | $5.6B |
| TOTAL LIABILITIES | $11.2B |
| Common Stock | $1.4B |
| Additional Paid-In Capital | $4.4B |
| Retained Earnings | $953M |
| Treasury Stock | -$62M |
| Accum. Other Comp. Income | $467M |
| Other Equity | -$318M |
| TOTAL STOCKHOLDERS' EQUITY | $6.8B |
| Minority Interest | $495M |
| TOTAL EQUITY | $7.3B |
| TOTAL LIABILITIES & EQUITY | $18.5B |
| Total Debt | $6.3B |
| Net Debt | $4.6B |
