| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $447M | $426M | $384M | 4.8% | 16.4% |
| Op. Income | $215M | $318M | $215M | -32.3% | 0.2% |
| Gross Margin | 77.5% | 75.6% | 72.0% | 2.0pp | 5.5pp |
| Net Margin | 37.2% | 56.8% | 42.2% | -19.6pp | -4.9pp |
| EPS (Diluted) | $9.43 | $13.56 | $8.60 | -30.5% | 9.7% |
| Free Cash Flow | $201M | $275M | $201M | -26.8% | 0.1% |
| Item | Amount |
|---|---|
| REVENUE | $447M |
| Cost of Revenue | $100M |
| GROSS PROFIT | $346M |
| R&D Expenses | $0 |
| Selling & Marketing | $16M |
| General & Administrative | $23M |
| SG&A Expenses | $38M |
| Other Expenses | $93M |
| Operating Expenses | $131M |
| Cost & Expenses | $231M |
| OPERATING INCOME | $215M |
| Interest Income | $300.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $900.0K |
| INCOME BEFORE TAX | $216M |
| Income Tax Expense | $50M |
| Net Income from Continuing Ops | $166M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $166M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $166M |
| D&A | $6M |
| EBIT | $215M |
| EBITDA | $222M |
| EPS | $9 |
| EPS Diluted | $9 |
| Item | Amount |
|---|---|
| REVENUE | $447M |
| Cost of Revenue | $100M |
| GROSS PROFIT | $346M |
| R&D Expenses | $0 |
| Selling & Marketing | $16M |
| General & Administrative | $23M |
| SG&A Expenses | $38M |
| Other Expenses | $93M |
| Operating Expenses | $131M |
| Cost & Expenses | $231M |
| OPERATING INCOME | $215M |
| Interest Income | $300.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $900.0K |
| INCOME BEFORE TAX | $216M |
| Income Tax Expense | $50M |
| Net Income from Continuing Ops | $166M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $166M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $166M |
| D&A | $6M |
| EBIT | $215M |
| EBITDA | $222M |
| EPS | $9 |
| EPS Diluted | $9 |
| Item | Amount |
|---|---|
| Net Income | $166M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $85M |
| Other Non-Cash Items | $93M |
| Change in Working Capital | -$149M |
| OPERATING CASH FLOW | $202M |
| Capital Expenditure | -$800.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$5M |
| Sales/Maturities of Investments | $6M |
| Other Investing Activities | -$15M |
| NET CASH FROM INVESTING | -$16M |
| Net Debt Issuance | -$15M |
| Common Stock Repurchased | -$174M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$191M |
| FREE CASH FLOW | $201M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $16M |
| Short-Term Investments | $0 |
| Net Receivables | $6.9B |
| Inventory | $0 |
| Other Current Assets | $381M |
| TOTAL CURRENT ASSETS | $7.3B |
| PP&E (Net) | $59M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $97M |
| TOTAL NON-CURRENT ASSETS | $157M |
| TOTAL ASSETS | $7.5B |
| Account Payables | $187M |
| Short-Term Debt | $96M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$96M |
| TOTAL CURRENT LIABILITIES | $187M |
| Long-Term Debt | $4.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $391M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $5.0B |
| TOTAL LIABILITIES | $5.2B |
| Common Stock | $200.0K |
| Additional Paid-In Capital | $162M |
| Retained Earnings | $2.1B |
| Treasury Stock | -$481M |
| Accum. Other Comp. Income | $2M |
| Other Equity | $481M |
| TOTAL STOCKHOLDERS' EQUITY | $2.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.3B |
| TOTAL LIABILITIES & EQUITY | $7.5B |
| Total Debt | $4.7B |
| Net Debt | $4.7B |
