| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $179M | $182M | $200M | -1.7% | -10.4% |
| Op. Income | $81M | $59M | $84M | 37.7% | -2.9% |
| Gross Margin | 87.3% | 74.1% | 77.5% | 13.2pp | 9.8pp |
| Net Margin | 39.6% | 31.2% | 33.7% | 8.4pp | 5.9pp |
| EPS (Diluted) | $0.89 | $0.71 | $0.84 | 25.4% | 6.0% |
| Free Cash Flow | $85M | $60M | $109M | 42.8% | -21.8% |
| Item | Amount |
|---|---|
| REVENUE | $179M |
| Cost of Revenue | $23M |
| GROSS PROFIT | $156M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $38M |
| SG&A Expenses | $39M |
| Other Expenses | $36M |
| Operating Expenses | $75M |
| Cost & Expenses | $98M |
| OPERATING INCOME | $81M |
| Interest Income | $168M |
| Interest Expense | $28M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $81M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $71M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $71M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $71M |
| D&A | $4M |
| EBIT | $81M |
| EBITDA | $85M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $179M |
| Cost of Revenue | $23M |
| GROSS PROFIT | $156M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $38M |
| SG&A Expenses | $39M |
| Other Expenses | $36M |
| Operating Expenses | $75M |
| Cost & Expenses | $98M |
| OPERATING INCOME | $81M |
| Interest Income | $168M |
| Interest Expense | $28M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $81M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $71M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $71M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $71M |
| D&A | $4M |
| EBIT | $81M |
| EBITDA | $85M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $71M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $819.0K |
| Other Non-Cash Items | $11M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $87M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$161M |
| Sales/Maturities of Investments | $201M |
| Other Investing Activities | -$105M |
| NET CASH FROM INVESTING | -$67M |
| Net Debt Issuance | -$80M |
| Common Stock Repurchased | -$11M |
| Common Dividends Paid | -$25M |
| Other Financing Activities | $75M |
| NET CASH FROM FINANCING | -$33M |
| FREE CASH FLOW | $85M |
| Net Change in Cash | -$13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $139M |
| Short-Term Investments | $2.3B |
| Net Receivables | $59M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.5B |
| PP&E (Net) | $134M |
| Goodwill | $372M |
| Intangible Assets | $5M |
| Long-Term Investments | $16.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$102M |
| TOTAL NON-CURRENT ASSETS | $16.5B |
| TOTAL ASSETS | $19.0B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $16.1B |
| TOTAL CURRENT LIABILITIES | $16.1B |
| Long-Term Debt | $293M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $189M |
| TOTAL NON-CURRENT LIABILITIES | $516M |
| TOTAL LIABILITIES | $16.6B |
| Common Stock | $906.0K |
| Additional Paid-In Capital | $965M |
| Retained Earnings | $1.8B |
| Treasury Stock | -$342M |
| Accum. Other Comp. Income | $5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.4B |
| TOTAL LIABILITIES & EQUITY | $19.0B |
| Total Debt | $326M |
| Net Debt | $188M |
