| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.0B | $4.8B | $4.5B | 4.2% | 9.2% |
| Op. Income | $332M | $318M | $284M | 4.5% | 17.1% |
| Gross Margin | 17.8% | 17.4% | 17.1% | 0.4pp | 0.6pp |
| Net Margin | 4.8% | 4.1% | 4.1% | 0.7pp | 0.7pp |
| EPS (Diluted) | $1.65 | $1.33 | $1.27 | 24.1% | 29.9% |
| Free Cash Flow | $552M | $189M | $184M | 191.8% | 200.4% |
| Item | Amount |
|---|---|
| REVENUE | $5.0B |
| Cost of Revenue | $4.1B |
| GROSS PROFIT | $881M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $549M |
| Other Expenses | $0 |
| Operating Expenses | $549M |
| Cost & Expenses | $4.6B |
| OPERATING INCOME | $332M |
| Interest Income | $0 |
| Interest Expense | $37M |
| Other Income/Expenses | -$37M |
| INCOME BEFORE TAX | $295M |
| Income Tax Expense | $57M |
| Net Income from Continuing Ops | $238M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $238M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $238M |
| D&A | $77M |
| EBIT | $332M |
| EBITDA | $409M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $5.0B |
| Cost of Revenue | $4.1B |
| GROSS PROFIT | $881M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $549M |
| Other Expenses | $0 |
| Operating Expenses | $549M |
| Cost & Expenses | $4.6B |
| OPERATING INCOME | $332M |
| Interest Income | $0 |
| Interest Expense | $37M |
| Other Income/Expenses | -$37M |
| INCOME BEFORE TAX | $295M |
| Income Tax Expense | $57M |
| Net Income from Continuing Ops | $238M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $238M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $238M |
| D&A | $77M |
| EBIT | $332M |
| EBITDA | $409M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $238M |
| Depreciation & Amortization | $77M |
| Stock-Based Compensation | $17M |
| Deferred Income Tax | -$18M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $258M |
| OPERATING CASH FLOW | $576M |
| Capital Expenditure | -$24M |
| Acquisitions (Net) | -$5M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$29M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$200M |
| Common Dividends Paid | -$57M |
| Other Financing Activities | -$136M |
| NET CASH FROM FINANCING | -$393M |
| FREE CASH FLOW | $552M |
| Net Change in Cash | $161M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.4B |
| Short-Term Investments | $0 |
| Net Receivables | $3.6B |
| Inventory | $760M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $6.0B |
| PP&E (Net) | $306M |
| Goodwill | $2.6B |
| Intangible Assets | $445M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $44M |
| TOTAL NON-CURRENT ASSETS | $3.4B |
| TOTAL ASSETS | $9.3B |
| Account Payables | $2.1B |
| Short-Term Debt | $541M |
| Deferred Revenue | $244M |
| Other Current Liabilities | $713M |
| TOTAL CURRENT LIABILITIES | $3.9B |
| Long-Term Debt | $3.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $55M |
| Other Non-Current Liabilities | $69M |
| TOTAL NON-CURRENT LIABILITIES | $4.1B |
| TOTAL LIABILITIES | $8.0B |
| Common Stock | $1M |
| Additional Paid-In Capital | $3.2B |
| Retained Earnings | -$1.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$96M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $9.3B |
| Total Debt | $4.6B |
| Net Debt | $3.2B |
