| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $624M | $561M | — | 11.4% | — |
| Op. Income | $59M | $57M | — | 3.0% | — |
| Gross Margin | 52.9% | 54.8% | — | -1.8pp | — |
| Net Margin | 88.6% | -46.2% | — | 134.8pp | — |
| EPS (Diluted) | $18.31 | $-8.68 | — | 310.9% | — |
| Free Cash Flow | $138M | $69M | — | 101.3% | — |
| Item | Amount |
|---|---|
| REVENUE | $624M |
| Cost of Revenue | $294M |
| GROSS PROFIT | $330M |
| R&D Expenses | $57M |
| Selling & Marketing | $0 |
| General & Administrative | $214M |
| SG&A Expenses | $214M |
| Other Expenses | -$865.0K |
| Operating Expenses | $271M |
| Cost & Expenses | $565M |
| OPERATING INCOME | $59M |
| Interest Income | $3M |
| Interest Expense | $6M |
| Other Income/Expenses | $640M |
| INCOME BEFORE TAX | $699M |
| Income Tax Expense | $146M |
| Net Income from Continuing Ops | $553M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $553M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $553M |
| D&A | $3M |
| EBIT | $705M |
| EBITDA | $709M |
| EPS | $19 |
| EPS Diluted | $18 |
| Item | Amount |
|---|---|
| REVENUE | $624M |
| Cost of Revenue | $294M |
| GROSS PROFIT | $330M |
| R&D Expenses | $57M |
| Selling & Marketing | $0 |
| General & Administrative | $214M |
| SG&A Expenses | $214M |
| Other Expenses | -$865.0K |
| Operating Expenses | $271M |
| Cost & Expenses | $565M |
| OPERATING INCOME | $59M |
| Interest Income | $3M |
| Interest Expense | $6M |
| Other Income/Expenses | $640M |
| INCOME BEFORE TAX | $699M |
| Income Tax Expense | $146M |
| Net Income from Continuing Ops | $553M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $553M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $553M |
| D&A | $3M |
| EBIT | $705M |
| EBITDA | $709M |
| EPS | $19 |
| EPS Diluted | $18 |
| Item | Amount |
|---|---|
| Net Income | $554M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$610M |
| Change in Working Capital | $203M |
| OPERATING CASH FLOW | $160M |
| Capital Expenditure | -$22M |
| Acquisitions (Net) | $76M |
| Purchases of Investments | -$184M |
| Sales/Maturities of Investments | $67M |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$61M |
| Net Debt Issuance | -$156.0K |
| Common Stock Repurchased | -$8M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $138M |
| Net Change in Cash | $99M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $661M |
| Short-Term Investments | $454M |
| Net Receivables | $393M |
| Inventory | $554M |
| Other Current Assets | $17M |
| TOTAL CURRENT ASSETS | $2.2B |
| PP&E (Net) | $701M |
| Goodwill | $264M |
| Intangible Assets | $146M |
| Long-Term Investments | $4.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $80M |
| TOTAL NON-CURRENT ASSETS | $5.8B |
| TOTAL ASSETS | $8.0B |
| Account Payables | $107M |
| Short-Term Debt | $426M |
| Deferred Revenue | $34M |
| Other Current Liabilities | $87M |
| TOTAL CURRENT LIABILITIES | $905M |
| Long-Term Debt | $2M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $998M |
| Other Non-Current Liabilities | $161M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $2.3B |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $410M |
| Retained Earnings | $5.5B |
| Treasury Stock | -$38M |
| Accum. Other Comp. Income | -$87M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.8B |
| TOTAL LIABILITIES & EQUITY | $8.0B |
| Total Debt | $651M |
| Net Debt | -$9M |
