| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $891M | $776M | $938M | 14.8% | -5.0% |
| Op. Income | $106M | $83M | $130M | 27.6% | -18.7% |
| Gross Margin | 42.1% | 42.2% | 42.1% | -0.1pp | 0.0pp |
| Net Margin | 8.3% | 7.8% | 10.2% | 0.5pp | -2.0pp |
| EPS (Diluted) | $1.87 | $1.52 | $2.42 | 23.0% | -22.7% |
| Free Cash Flow | $110M | $150M | $170M | -26.8% | -35.2% |
| Item | Amount |
|---|---|
| REVENUE | $891M |
| Cost of Revenue | $516M |
| GROSS PROFIT | $375M |
| R&D Expenses | $82M |
| Selling & Marketing | $137M |
| General & Administrative | $31M |
| SG&A Expenses | $168M |
| Other Expenses | $19M |
| Operating Expenses | $269M |
| Cost & Expenses | $785M |
| OPERATING INCOME | $106M |
| Interest Income | $600.0K |
| Interest Expense | $5M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $98M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $74M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $74M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $74M |
| D&A | $26M |
| EBIT | $114M |
| EBITDA | $140M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $891M |
| Cost of Revenue | $516M |
| GROSS PROFIT | $375M |
| R&D Expenses | $82M |
| Selling & Marketing | $137M |
| General & Administrative | $31M |
| SG&A Expenses | $168M |
| Other Expenses | $19M |
| Operating Expenses | $269M |
| Cost & Expenses | $785M |
| OPERATING INCOME | $106M |
| Interest Income | $600.0K |
| Interest Expense | $5M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $98M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $74M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $74M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $74M |
| D&A | $26M |
| EBIT | $114M |
| EBITDA | $140M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $74M |
| Depreciation & Amortization | $26M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$7M |
| Other Non-Cash Items | $8M |
| Change in Working Capital | $21M |
| OPERATING CASH FLOW | $127M |
| Capital Expenditure | -$17M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$200.0K |
| NET CASH FROM INVESTING | -$17M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | -$69M |
| Common Dividends Paid | -$5M |
| Other Financing Activities | -$300.0K |
| NET CASH FROM FINANCING | -$77M |
| FREE CASH FLOW | $110M |
| Net Change in Cash | $40M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $561M |
| Short-Term Investments | $0 |
| Net Receivables | $500M |
| Inventory | $320M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $334M |
| Goodwill | $1.1B |
| Intangible Assets | $606M |
| Long-Term Investments | $6M |
| Tax Assets | $3M |
| Other Non-Current Assets | $24M |
| TOTAL NON-CURRENT ASSETS | $2.1B |
| TOTAL ASSETS | $3.5B |
| Account Payables | $327M |
| Short-Term Debt | $24M |
| Deferred Revenue | $5M |
| Other Current Liabilities | $231M |
| TOTAL CURRENT LIABILITIES | $618M |
| Long-Term Debt | $377M |
| Deferred Revenue NC | $54M |
| Deferred Tax Liabilities | $95M |
| Other Non-Current Liabilities | $165M |
| TOTAL NON-CURRENT LIABILITIES | $747M |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $500.0K |
| Additional Paid-In Capital | $964M |
| Retained Earnings | $2.5B |
| Treasury Stock | -$1.2B |
| Accum. Other Comp. Income | -$133M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $3.5B |
| Total Debt | $475M |
| Net Debt | -$86M |
