| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.5B | $4.2B | $3.8B | 7.7% | 19.9% |
| Op. Income | $207M | $168M | $137M | 22.9% | 51.2% |
| Gross Margin | 7.3% | 6.8% | 7.4% | 0.5pp | -0.1pp |
| Net Margin | 3.2% | 3.2% | 2.6% | 0.0pp | 0.6pp |
| EPS (Diluted) | $1.08 | $1.00 | $0.73 | 8.0% | 47.9% |
| Free Cash Flow | $148M | -$184M | $192M | 180.7% | -22.7% |
| Item | Amount |
|---|---|
| REVENUE | $4.5B |
| Cost of Revenue | $4.2B |
| GROSS PROFIT | $331M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $125M |
| Other Expenses | $0 |
| Operating Expenses | $125M |
| Cost & Expenses | $4.3B |
| OPERATING INCOME | $207M |
| Interest Income | $0 |
| Interest Expense | $12M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $195M |
| Income Tax Expense | $47M |
| Net Income from Continuing Ops | $148M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $148M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $148M |
| D&A | $25M |
| EBIT | $207M |
| EBITDA | $231M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $4.5B |
| Cost of Revenue | $4.2B |
| GROSS PROFIT | $331M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $125M |
| Other Expenses | $0 |
| Operating Expenses | $125M |
| Cost & Expenses | $4.3B |
| OPERATING INCOME | $207M |
| Interest Income | $0 |
| Interest Expense | $12M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $195M |
| Income Tax Expense | $47M |
| Net Income from Continuing Ops | $148M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $148M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $148M |
| D&A | $25M |
| EBIT | $207M |
| EBITDA | $231M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $148M |
| Depreciation & Amortization | $25M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | -$24M |
| Other Non-Cash Items | $6M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $162M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$8M |
| NET CASH FROM INVESTING | -$14M |
| Net Debt Issuance | -$60M |
| Common Stock Repurchased | -$109M |
| Common Dividends Paid | -$3M |
| Other Financing Activities | $6M |
| NET CASH FROM FINANCING | -$166M |
| FREE CASH FLOW | $148M |
| Net Change in Cash | -$9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $244M |
| Short-Term Investments | $0 |
| Net Receivables | $2.6B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.9B |
| PP&E (Net) | $499M |
| Goodwill | $1.5B |
| Intangible Assets | $174M |
| Long-Term Investments | $0 |
| Tax Assets | $19M |
| Other Non-Current Assets | $24M |
| TOTAL NON-CURRENT ASSETS | $2.2B |
| TOTAL ASSETS | $5.1B |
| Account Payables | $1.2B |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $138M |
| TOTAL CURRENT LIABILITIES | $1.8B |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $22M |
| Other Non-Current Liabilities | $41M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $3.3B |
| Common Stock | $13M |
| Additional Paid-In Capital | $566M |
| Retained Earnings | $4.4B |
| Treasury Stock | -$3.0B |
| Accum. Other Comp. Income | -$46M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $5.1B |
| Total Debt | $1.4B |
| Net Debt | $1.2B |
