| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $564M | $509M | $544M | 10.8% | 3.7% |
| Op. Income | $251M | $231M | $249M | 8.7% | 0.8% |
| Gross Margin | 88.2% | 89.4% | 88.7% | -1.2pp | -0.4pp |
| Net Margin | 48.0% | 39.4% | 50.1% | 8.6pp | -2.1pp |
| EPS (Diluted) | $1.95 | $1.42 | $1.84 | 37.3% | 6.0% |
| Free Cash Flow | $300M | $243M | $243M | 23.2% | 23.4% |
| Item | Amount |
|---|---|
| REVENUE | $564M |
| Cost of Revenue | $66M |
| GROSS PROFIT | $498M |
| R&D Expenses | $67M |
| Selling & Marketing | $151M |
| General & Administrative | $29M |
| SG&A Expenses | $179M |
| Other Expenses | $0 |
| Operating Expenses | $246M |
| Cost & Expenses | $312M |
| OPERATING INCOME | $251M |
| Interest Income | $14M |
| Interest Expense | $0 |
| Other Income/Expenses | $14M |
| INCOME BEFORE TAX | $266M |
| Income Tax Expense | -$5M |
| Net Income from Continuing Ops | $271M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $271M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $271M |
| D&A | $7M |
| EBIT | $251M |
| EBITDA | $259M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $564M |
| Cost of Revenue | $66M |
| GROSS PROFIT | $498M |
| R&D Expenses | $67M |
| Selling & Marketing | $151M |
| General & Administrative | $29M |
| SG&A Expenses | $179M |
| Other Expenses | $0 |
| Operating Expenses | $246M |
| Cost & Expenses | $312M |
| OPERATING INCOME | $251M |
| Interest Income | $14M |
| Interest Expense | $0 |
| Other Income/Expenses | $14M |
| INCOME BEFORE TAX | $266M |
| Income Tax Expense | -$5M |
| Net Income from Continuing Ops | $271M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $271M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $271M |
| D&A | $7M |
| EBIT | $251M |
| EBITDA | $259M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $271M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $29M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $13M |
| Change in Working Capital | -$16M |
| OPERATING CASH FLOW | $302M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$56M |
| NET CASH FROM INVESTING | -$58M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$323M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $143M |
| NET CASH FROM FINANCING | -$180M |
| FREE CASH FLOW | $300M |
| Net Change in Cash | -$3.6B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $256M |
| Short-Term Investments | $1.4B |
| Net Receivables | $541M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.3B |
| PP&E (Net) | $88M |
| Goodwill | $1.0B |
| Intangible Assets | $39M |
| Long-Term Investments | $2.3B |
| Tax Assets | $34M |
| Other Non-Current Assets | $86M |
| TOTAL NON-CURRENT ASSETS | $3.6B |
| TOTAL ASSETS | $5.8B |
| Account Payables | $18M |
| Short-Term Debt | $0 |
| Deferred Revenue | $1.1B |
| Other Current Liabilities | $12M |
| TOTAL CURRENT LIABILITIES | $1.5B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $373M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $456M |
| TOTAL NON-CURRENT LIABILITIES | $829M |
| TOTAL LIABILITIES | $2.4B |
| Common Stock | $800.0K |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | $10.7B |
| Treasury Stock | -$9.3B |
| Accum. Other Comp. Income | $41M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.5B |
| TOTAL LIABILITIES & EQUITY | $5.8B |
| Total Debt | $0 |
| Net Debt | -$256M |
