| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $224M | $251M | $170M | -10.9% | 31.7% |
| Op. Income | $59M | $97M | $18M | -38.9% | 235.6% |
| Gross Margin | 75.3% | 76.2% | 73.6% | -0.9pp | 1.8pp |
| Net Margin | 31.0% | 34.9% | 47.3% | -3.8pp | -16.3pp |
| EPS (Diluted) | $0.40 | $0.49 | $0.46 | -18.4% | -13.0% |
| Free Cash Flow | $79M | $78M | $60M | 2.4% | 33.2% |
| Item | Amount |
|---|---|
| REVENUE | $224M |
| Cost of Revenue | $55M |
| GROSS PROFIT | $168M |
| R&D Expenses | $34M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $73M |
| Other Expenses | $2M |
| Operating Expenses | $109M |
| Cost & Expenses | $165M |
| OPERATING INCOME | $59M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $65M |
| Income Tax Expense | -$4M |
| Net Income from Continuing Ops | $69M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $69M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $69M |
| D&A | $7M |
| EBIT | $62M |
| EBITDA | $68M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $224M |
| Cost of Revenue | $55M |
| GROSS PROFIT | $168M |
| R&D Expenses | $34M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $73M |
| Other Expenses | $2M |
| Operating Expenses | $109M |
| Cost & Expenses | $165M |
| OPERATING INCOME | $59M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $65M |
| Income Tax Expense | -$4M |
| Net Income from Continuing Ops | $69M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $69M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $69M |
| D&A | $7M |
| EBIT | $62M |
| EBITDA | $68M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $69M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | -$7M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$170.0K |
| OPERATING CASH FLOW | $83M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $1M |
| Purchases of Investments | -$321M |
| Sales/Maturities of Investments | $537M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $213M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$362M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$328M |
| FREE CASH FLOW | $79M |
| Net Change in Cash | -$29M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $269M |
| Short-Term Investments | $103M |
| Net Receivables | $131M |
| Inventory | $61M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $602M |
| PP&E (Net) | $102M |
| Goodwill | $244M |
| Intangible Assets | $16M |
| Long-Term Investments | $395M |
| Tax Assets | $435M |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $1.8B |
| Account Payables | $16M |
| Short-Term Debt | $0 |
| Deferred Revenue | $21M |
| Other Current Liabilities | $41M |
| TOTAL CURRENT LIABILITIES | $132M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $329M |
| Other Non-Current Liabilities | $59M |
| TOTAL NON-CURRENT LIABILITIES | $406M |
| TOTAL LIABILITIES | $539M |
| Common Stock | $352.0K |
| Additional Paid-In Capital | $808M |
| Retained Earnings | $488M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$34M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $26M |
| Net Debt | -$243M |
