| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.8B | $1.6B | $1.5B | 11.6% | 17.5% |
| Op. Income | $205M | $177M | $152M | 15.5% | 34.7% |
| Gross Margin | 32.5% | 31.6% | 31.5% | 0.9pp | 1.0pp |
| Net Margin | 2.9% | -2.6% | 4.6% | 5.5pp | -1.8pp |
| EPS (Diluted) | $0.06 | $-0.10 | $0.09 | 160.0% | -33.3% |
| Free Cash Flow | $286M | $266M | $75M | 7.4% | 281.6% |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $582M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $377M |
| SG&A Expenses | $377M |
| Other Expenses | $0 |
| Operating Expenses | $377M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $205M |
| Interest Income | $0 |
| Interest Expense | $56M |
| Other Income/Expenses | -$178M |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | -$25M |
| Net Income from Continuing Ops | $52M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $52M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $35M |
| D&A | $102M |
| EBIT | $83M |
| EBITDA | $185M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $582M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $377M |
| SG&A Expenses | $377M |
| Other Expenses | $0 |
| Operating Expenses | $377M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $205M |
| Interest Income | $0 |
| Interest Expense | $56M |
| Other Income/Expenses | -$178M |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | -$25M |
| Net Income from Continuing Ops | $52M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $52M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $35M |
| D&A | $102M |
| EBIT | $83M |
| EBITDA | $185M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $52M |
| Depreciation & Amortization | $102M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $165M |
| Change in Working Capital | -$29M |
| OPERATING CASH FLOW | $306M |
| Capital Expenditure | -$20M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$19M |
| Net Debt Issuance | -$371M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $6M |
| NET CASH FROM FINANCING | -$380M |
| FREE CASH FLOW | $286M |
| Net Change in Cash | -$84M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $287M |
| Short-Term Investments | $0 |
| Net Receivables | $1.1B |
| Inventory | $740M |
| Other Current Assets | $91M |
| TOTAL CURRENT ASSETS | $2.2B |
| PP&E (Net) | $550M |
| Goodwill | $2.9B |
| Intangible Assets | $4.0B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $217M |
| TOTAL NON-CURRENT ASSETS | $7.7B |
| TOTAL ASSETS | $9.9B |
| Account Payables | $679M |
| Short-Term Debt | $26M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $493M |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $4.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $724M |
| Other Non-Current Liabilities | $398M |
| TOTAL NON-CURRENT LIABILITIES | $6.0B |
| TOTAL LIABILITIES | $7.2B |
| Common Stock | $1.7B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$89M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $22M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.7B |
| TOTAL LIABILITIES & EQUITY | $9.9B |
| Total Debt | $4.9B |
| Net Debt | $4.6B |
