| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $171M | $214M | $163M | -20.4% | 4.6% |
| Op. Income | $68M | $80M | $55M | -14.9% | 22.8% |
| Gross Margin | 80.4% | 69.7% | 73.0% | 10.7pp | 7.4pp |
| Net Margin | 26.5% | 26.1% | 24.9% | 0.4pp | 1.6pp |
| EPS (Diluted) | $0.75 | $0.91 | $0.66 | -17.6% | 13.6% |
| Free Cash Flow | $60M | $89M | $75M | -33.1% | -19.8% |
| Item | Amount |
|---|---|
| REVENUE | $171M |
| Cost of Revenue | $33M |
| GROSS PROFIT | $137M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $44M |
| SG&A Expenses | $47M |
| Other Expenses | $22M |
| Operating Expenses | $69M |
| Cost & Expenses | $103M |
| OPERATING INCOME | $68M |
| Interest Income | $144M |
| Interest Expense | $27M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $68M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $45M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $45M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $45M |
| D&A | $22M |
| EBIT | $68M |
| EBITDA | $90M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $171M |
| Cost of Revenue | $33M |
| GROSS PROFIT | $137M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $44M |
| SG&A Expenses | $47M |
| Other Expenses | $22M |
| Operating Expenses | $69M |
| Cost & Expenses | $103M |
| OPERATING INCOME | $68M |
| Interest Income | $144M |
| Interest Expense | $27M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $68M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $45M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $45M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $45M |
| D&A | $22M |
| EBIT | $68M |
| EBITDA | $90M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $45M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $6M |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$14M |
| OPERATING CASH FLOW | $62M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$60M |
| Sales/Maturities of Investments | $49M |
| Other Investing Activities | -$347M |
| NET CASH FROM INVESTING | -$361M |
| Net Debt Issuance | -$369M |
| Common Stock Repurchased | $2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1.8B |
| NET CASH FROM FINANCING | $1.4B |
| FREE CASH FLOW | $60M |
| Net Change in Cash | $1.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.8B |
| Short-Term Investments | $188M |
| Net Receivables | $220M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.2B |
| PP&E (Net) | $0 |
| Goodwill | $71M |
| Intangible Assets | $65M |
| Long-Term Investments | $10.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $824M |
| TOTAL NON-CURRENT ASSETS | $11.7B |
| TOTAL ASSETS | $13.9B |
| Account Payables | $348M |
| Short-Term Debt | $152M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $11.3B |
| TOTAL CURRENT LIABILITIES | $11.8B |
| Long-Term Debt | $326M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $458M |
| TOTAL NON-CURRENT LIABILITIES | $785M |
| TOTAL LIABILITIES | $12.6B |
| Common Stock | $673.0K |
| Additional Paid-In Capital | $412M |
| Retained Earnings | $1.0B |
| Treasury Stock | -$195M |
| Accum. Other Comp. Income | -$937.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $13.9B |
| Total Debt | $478M |
| Net Debt | -$1.3B |
