| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $173M | $175M | $191M | -1.3% | -9.8% |
| Op. Income | $51M | $47M | $74M | 7.5% | -31.0% |
| Gross Margin | 86.1% | 78.0% | 86.4% | 8.1pp | -0.3pp |
| Net Margin | 24.5% | 21.7% | 30.4% | 2.9pp | -5.9pp |
| EPS (Diluted) | $1.06 | $0.95 | $1.45 | 11.6% | -26.9% |
| Free Cash Flow | $51M | $46M | $68M | 10.8% | -24.8% |
| Item | Amount |
|---|---|
| REVENUE | $173M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $149M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $52M |
| SG&A Expenses | $55M |
| Other Expenses | $43M |
| Operating Expenses | $98M |
| Cost & Expenses | $122M |
| OPERATING INCOME | $51M |
| Interest Income | $128M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $51M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $42M |
| D&A | $8M |
| EBIT | $51M |
| EBITDA | $59M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $173M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $149M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $52M |
| SG&A Expenses | $55M |
| Other Expenses | $43M |
| Operating Expenses | $98M |
| Cost & Expenses | $122M |
| OPERATING INCOME | $51M |
| Interest Income | $128M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $51M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $42M |
| D&A | $8M |
| EBIT | $51M |
| EBITDA | $59M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $42M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$11M |
| Other Non-Cash Items | $9M |
| Change in Working Capital | $8M |
| OPERATING CASH FLOW | $59M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.4B |
| Sales/Maturities of Investments | $690M |
| Other Investing Activities | -$208M |
| NET CASH FROM INVESTING | -$891M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$109.0K |
| Common Dividends Paid | -$27M |
| Other Financing Activities | $473M |
| NET CASH FROM FINANCING | $446M |
| FREE CASH FLOW | $51M |
| Net Change in Cash | -$387M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $281M |
| Short-Term Investments | $3.8B |
| Net Receivables | $168M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.3B |
| PP&E (Net) | $299M |
| Goodwill | $32M |
| Intangible Assets | $20M |
| Long-Term Investments | $15.2B |
| Tax Assets | $17M |
| Other Non-Current Assets | $779M |
| TOTAL NON-CURRENT ASSETS | $16.3B |
| TOTAL ASSETS | $20.6B |
| Account Payables | $5M |
| Short-Term Debt | $601M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $18.2B |
| TOTAL CURRENT LIABILITIES | $18.8B |
| Long-Term Debt | $50M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $244M |
| TOTAL NON-CURRENT LIABILITIES | $412M |
| TOTAL LIABILITIES | $19.2B |
| Common Stock | $580.0K |
| Additional Paid-In Capital | $591M |
| Retained Earnings | $1.8B |
| Treasury Stock | -$1.0B |
| Accum. Other Comp. Income | $8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $20.6B |
| Total Debt | $768M |
| Net Debt | $487M |
