| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $194M | $192M | $203M | 1.2% | -4.6% |
| Op. Income | $70M | $72M | $67M | -2.8% | 4.3% |
| Gross Margin | 98.7% | 86.1% | 79.4% | 12.6pp | 19.4pp |
| Net Margin | 30.6% | 31.8% | 27.5% | -1.2pp | 3.2pp |
| EPS (Diluted) | $0.72 | $0.74 | $0.69 | -2.7% | 4.3% |
| Free Cash Flow | $43M | $47M | $81M | -6.5% | -46.4% |
| Item | Amount |
|---|---|
| REVENUE | $194M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $192M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $60M |
| SG&A Expenses | $63M |
| Other Expenses | $59M |
| Operating Expenses | $122M |
| Cost & Expenses | $124M |
| OPERATING INCOME | $70M |
| Interest Income | $162M |
| Interest Expense | $16M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $70M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $59M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $59M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $56M |
| D&A | $12M |
| EBIT | $70M |
| EBITDA | $82M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $194M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $192M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $60M |
| SG&A Expenses | $63M |
| Other Expenses | $59M |
| Operating Expenses | $122M |
| Cost & Expenses | $124M |
| OPERATING INCOME | $70M |
| Interest Income | $162M |
| Interest Expense | $16M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $70M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $59M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $59M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $56M |
| D&A | $12M |
| EBIT | $70M |
| EBITDA | $82M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $59M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$34M |
| Change in Working Capital | $15M |
| OPERATING CASH FLOW | $55M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$225M |
| Sales/Maturities of Investments | $150M |
| Other Investing Activities | $374M |
| NET CASH FROM INVESTING | $288M |
| Net Debt Issuance | -$495M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$20M |
| Other Financing Activities | $147M |
| NET CASH FROM FINANCING | -$370M |
| FREE CASH FLOW | $43M |
| Net Change in Cash | -$28M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $491M |
| Short-Term Investments | $2.5B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.0B |
| PP&E (Net) | $164M |
| Goodwill | $936M |
| Intangible Assets | $57M |
| Long-Term Investments | $14.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $938M |
| TOTAL NON-CURRENT ASSETS | $16.6B |
| TOTAL ASSETS | $19.6B |
| Account Payables | $0 |
| Short-Term Debt | $351M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $15.7B |
| TOTAL CURRENT LIABILITIES | $16.1B |
| Long-Term Debt | $490M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $356M |
| TOTAL NON-CURRENT LIABILITIES | $846M |
| TOTAL LIABILITIES | $16.9B |
| Common Stock | $104M |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | $616M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $71M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.7B |
| TOTAL LIABILITIES & EQUITY | $19.6B |
| Total Debt | $841M |
| Net Debt | $349M |
