| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.5B | $1.4B | 2.0% | 8.9% |
| Op. Income | $134M | $114M | $81M | 17.6% | 64.8% |
| Gross Margin | 8.9% | 34.9% | 5.9% | -26.0pp | 3.0pp |
| Net Margin | 6.3% | 5.5% | 3.6% | 0.8pp | 2.6pp |
| EPS (Diluted) | $3.68 | $3.16 | $1.96 | 16.5% | 87.8% |
| Free Cash Flow | $143M | $108M | $84M | 32.9% | 69.9% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $134M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $0 |
| Operating Expenses | $0 |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $134M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $123M |
| Income Tax Expense | $29M |
| Net Income from Continuing Ops | $94M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $94M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $94M |
| D&A | $29M |
| EBIT | $134M |
| EBITDA | $162M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $134M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $0 |
| Operating Expenses | $0 |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $134M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $123M |
| Income Tax Expense | $29M |
| Net Income from Continuing Ops | $94M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $94M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $94M |
| D&A | $29M |
| EBIT | $134M |
| EBITDA | $162M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $94M |
| Depreciation & Amortization | $29M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$22M |
| Other Non-Cash Items | $20M |
| Change in Working Capital | $33M |
| OPERATING CASH FLOW | $161M |
| Capital Expenditure | -$18M |
| Acquisitions (Net) | -$4M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$22M |
| Net Debt Issuance | -$108M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$109M |
| FREE CASH FLOW | $143M |
| Net Change in Cash | $30M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $107M |
| Short-Term Investments | $0 |
| Net Receivables | $841M |
| Inventory | $65M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $501M |
| Goodwill | $3.4B |
| Intangible Assets | $407M |
| Long-Term Investments | -$213M |
| Tax Assets | $213M |
| Other Non-Current Assets | $141M |
| TOTAL NON-CURRENT ASSETS | $4.5B |
| TOTAL ASSETS | $5.5B |
| Account Payables | $90M |
| Short-Term Debt | $47M |
| Deferred Revenue | $57M |
| Other Current Liabilities | $169M |
| TOTAL CURRENT LIABILITIES | $769M |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $7M |
| Deferred Tax Liabilities | $254M |
| Other Non-Current Liabilities | $176M |
| TOTAL NON-CURRENT LIABILITIES | $2.1B |
| TOTAL LIABILITIES | $2.9B |
| Common Stock | $4M |
| Additional Paid-In Capital | $574M |
| Retained Earnings | $2.7B |
| Treasury Stock | -$576M |
| Accum. Other Comp. Income | -$72M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.7B |
| Minority Interest | $135.0K |
| TOTAL EQUITY | $2.7B |
| TOTAL LIABILITIES & EQUITY | $5.5B |
| Total Debt | $1.8B |
| Net Debt | $1.7B |
