| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.2B | $1.1B | 4.4% | 13.2% |
| Op. Income | $191M | $274M | $195M | -30.4% | -2.4% |
| Gross Margin | 43.0% | 45.5% | 45.8% | -2.5pp | -2.8pp |
| Net Margin | 11.6% | 17.4% | 12.6% | -5.8pp | -1.0pp |
| EPS (Diluted) | $0.59 | $0.85 | $0.58 | -30.6% | 1.7% |
| Free Cash Flow | $148M | $176M | $213M | -16.0% | -30.6% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $738M |
| GROSS PROFIT | $557M |
| R&D Expenses | $0 |
| Selling & Marketing | $202M |
| General & Administrative | $165M |
| SG&A Expenses | $367M |
| Other Expenses | $0 |
| Operating Expenses | $367M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $191M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $177M |
| Income Tax Expense | $27M |
| Net Income from Continuing Ops | $150M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $150M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $150M |
| D&A | $51M |
| EBIT | $191M |
| EBITDA | $242M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $738M |
| GROSS PROFIT | $557M |
| R&D Expenses | $0 |
| Selling & Marketing | $202M |
| General & Administrative | $165M |
| SG&A Expenses | $367M |
| Other Expenses | $0 |
| Operating Expenses | $367M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $191M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $177M |
| Income Tax Expense | $27M |
| Net Income from Continuing Ops | $150M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $150M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $150M |
| D&A | $51M |
| EBIT | $191M |
| EBITDA | $242M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $150M |
| Depreciation & Amortization | $51M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | -$91M |
| Change in Working Capital | $81M |
| OPERATING CASH FLOW | $192M |
| Capital Expenditure | -$44M |
| Acquisitions (Net) | -$513M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $100.0K |
| NET CASH FROM INVESTING | -$557M |
| Net Debt Issuance | $349M |
| Common Stock Repurchased | -$300M |
| Common Dividends Paid | -$60M |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | $148M |
| Net Change in Cash | -$366M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $183M |
| Short-Term Investments | $0 |
| Net Receivables | $399M |
| Inventory | $495M |
| Other Current Assets | $35M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $613M |
| Goodwill | $2.2B |
| Intangible Assets | $3.1B |
| Long-Term Investments | $9M |
| Tax Assets | $0 |
| Other Non-Current Assets | $340M |
| TOTAL NON-CURRENT ASSETS | $6.3B |
| TOTAL ASSETS | $7.4B |
| Account Payables | $588M |
| Short-Term Debt | $376M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $287M |
| TOTAL CURRENT LIABILITIES | $1.4B |
| Long-Term Debt | $1.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $707M |
| Other Non-Current Liabilities | $317M |
| TOTAL NON-CURRENT LIABILITIES | $3.0B |
| TOTAL LIABILITIES | $4.4B |
| Common Stock | $293M |
| Additional Paid-In Capital | $274M |
| Retained Earnings | $4.8B |
| Treasury Stock | -$2.3B |
| Accum. Other Comp. Income | -$78M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.0B |
| TOTAL LIABILITIES & EQUITY | $7.4B |
| Total Debt | $2.4B |
| Net Debt | $2.2B |
