| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $363M | $338M | $340M | 7.2% | 6.6% |
| Op. Income | $138M | $109M | $161M | 27.3% | -14.1% |
| Gross Margin | 89.2% | 89.2% | 88.6% | 0.0pp | 0.6pp |
| Net Margin | 46.2% | 36.6% | 47.6% | 9.6pp | -1.4pp |
| EPS (Diluted) | $1.39 | $1.03 | $1.35 | 35.4% | 2.8% |
| Free Cash Flow | $380M | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $363M |
| Cost of Revenue | $39M |
| GROSS PROFIT | $324M |
| R&D Expenses | $58M |
| Selling & Marketing | $127M |
| General & Administrative | $10M |
| SG&A Expenses | $138M |
| Other Expenses | -$10M |
| Operating Expenses | $185M |
| Cost & Expenses | $224M |
| OPERATING INCOME | $138M |
| Interest Income | $20M |
| Interest Expense | $0 |
| Other Income/Expenses | $19M |
| INCOME BEFORE TAX | $157M |
| Income Tax Expense | -$10M |
| Net Income from Continuing Ops | $168M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $168M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $168M |
| D&A | $0 |
| EBIT | $138M |
| EBITDA | $138M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $363M |
| Cost of Revenue | $39M |
| GROSS PROFIT | $324M |
| R&D Expenses | $58M |
| Selling & Marketing | $127M |
| General & Administrative | $10M |
| SG&A Expenses | $138M |
| Other Expenses | -$10M |
| Operating Expenses | $185M |
| Cost & Expenses | $224M |
| OPERATING INCOME | $138M |
| Interest Income | $20M |
| Interest Expense | $0 |
| Other Income/Expenses | $19M |
| INCOME BEFORE TAX | $157M |
| Income Tax Expense | -$10M |
| Net Income from Continuing Ops | $168M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $168M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $168M |
| D&A | $0 |
| EBIT | $138M |
| EBITDA | $138M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $168M |
| Depreciation & Amortization | $23M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $156.8K |
| Other Non-Cash Items | -$174M |
| Change in Working Capital | -$34M |
| OPERATING CASH FLOW | $415M |
| Capital Expenditure | -$34M |
| Acquisitions (Net) | -$93M |
| Purchases of Investments | -$5.9B |
| Sales/Maturities of Investments | $5.5B |
| Other Investing Activities | $118M |
| NET CASH FROM INVESTING | -$314M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$88M |
| Common Dividends Paid | -$95M |
| Other Financing Activities | -$73M |
| NET CASH FROM FINANCING | -$168M |
| FREE CASH FLOW | $380M |
| Net Change in Cash | -$68M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $39M |
| Short-Term Investments | $288M |
| Net Receivables | $77M |
| Inventory | $0 |
| Other Current Assets | $242.8K |
| TOTAL CURRENT ASSETS | $410M |
| PP&E (Net) | $14M |
| Goodwill | $91M |
| Intangible Assets | $10M |
| Long-Term Investments | $2M |
| Tax Assets | $2M |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $120M |
| TOTAL ASSETS | $530M |
| Account Payables | $0 |
| Short-Term Debt | $3M |
| Deferred Revenue | $32M |
| Other Current Liabilities | $44M |
| TOTAL CURRENT LIABILITIES | $94M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $14M |
| Other Non-Current Liabilities | $318.3K |
| TOTAL NON-CURRENT LIABILITIES | $16M |
| TOTAL LIABILITIES | $110M |
| Common Stock | $180.7K |
| Additional Paid-In Capital | $91M |
| Retained Earnings | $301M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $394M |
| Minority Interest | $26M |
| TOTAL EQUITY | $420M |
| TOTAL LIABILITIES & EQUITY | $530M |
| Total Debt | $5M |
| Net Debt | -$35M |
