| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.1B | $1.5B | 5.7% | -24.0% |
| Op. Income | $259M | $291M | $309M | -11.1% | -16.2% |
| Gross Margin | 35.6% | 43.1% | 42.0% | -7.5pp | -6.5pp |
| Net Margin | 1.1% | 12.7% | 6.7% | -11.6pp | -5.6pp |
| EPS (Diluted) | $0.25 | $2.79 | $2.73 | -91.0% | -90.8% |
| Free Cash Flow | $378M | $409M | -$336M | -7.6% | 212.6% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $715M |
| GROSS PROFIT | $395M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $33M |
| SG&A Expenses | $33M |
| Other Expenses | $103M |
| Operating Expenses | $136M |
| Cost & Expenses | $851M |
| OPERATING INCOME | $259M |
| Interest Income | $0 |
| Interest Expense | $29M |
| Other Income/Expenses | -$113M |
| INCOME BEFORE TAX | $146M |
| Income Tax Expense | $53M |
| Net Income from Continuing Ops | $93M |
| Net Income from Discontinued Ops | -$81M |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $64M |
| EBIT | $146M |
| EBITDA | $210M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $715M |
| GROSS PROFIT | $395M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $33M |
| SG&A Expenses | $33M |
| Other Expenses | $103M |
| Operating Expenses | $136M |
| Cost & Expenses | $851M |
| OPERATING INCOME | $259M |
| Interest Income | $0 |
| Interest Expense | $29M |
| Other Income/Expenses | -$113M |
| INCOME BEFORE TAX | $146M |
| Income Tax Expense | $53M |
| Net Income from Continuing Ops | $93M |
| Net Income from Discontinued Ops | -$81M |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $64M |
| EBIT | $146M |
| EBITDA | $210M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $12M |
| Depreciation & Amortization | $64M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$65M |
| Other Non-Cash Items | $217M |
| Change in Working Capital | $161M |
| OPERATING CASH FLOW | $394M |
| Capital Expenditure | -$16M |
| Acquisitions (Net) | -$267M |
| Purchases of Investments | -$18M |
| Sales/Maturities of Investments | $19M |
| Other Investing Activities | -$1.3B |
| NET CASH FROM INVESTING | -$1.6B |
| Net Debt Issuance | -$1.1B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$10M |
| Other Financing Activities | $2.0B |
| NET CASH FROM FINANCING | $898M |
| FREE CASH FLOW | $378M |
| Net Change in Cash | -$288M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.8B |
| Short-Term Investments | $0 |
| Net Receivables | $114M |
| Inventory | $164M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.1B |
| PP&E (Net) | $332M |
| Goodwill | $634M |
| Intangible Assets | $77M |
| Long-Term Investments | $17.2B |
| Tax Assets | $289M |
| Other Non-Current Assets | $902M |
| TOTAL NON-CURRENT ASSETS | $19.5B |
| TOTAL ASSETS | $22.5B |
| Account Payables | $354M |
| Short-Term Debt | $0 |
| Deferred Revenue | $899M |
| Other Current Liabilities | $9.8B |
| TOTAL CURRENT LIABILITIES | $11.5B |
| Long-Term Debt | $8.5B |
| Deferred Revenue NC | $106M |
| Deferred Tax Liabilities | $347M |
| Other Non-Current Liabilities | $431M |
| TOTAL NON-CURRENT LIABILITIES | $9.6B |
| TOTAL LIABILITIES | $21.0B |
| Common Stock | $1M |
| Additional Paid-In Capital | $3.4B |
| Retained Earnings | $4.8B |
| Treasury Stock | -$6.7B |
| Accum. Other Comp. Income | -$5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $22.5B |
| Total Debt | $8.7B |
| Net Debt | $5.9B |
