| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $236M | $313M | $353M | -24.6% | -33.1% |
| Op. Income | $267M | $548M | $290M | -51.3% | -7.9% |
| Gross Margin | 94.5% | 96.6% | 95.5% | -2.1pp | -1.0pp |
| Net Margin | 62.4% | 117.4% | 36.9% | -54.9pp | 25.5pp |
| EPS (Diluted) | $1.68 | $3.94 | $1.78 | -57.4% | -5.6% |
| Free Cash Flow | $77M | $163M | $210M | -52.5% | -63.2% |
| Item | Amount |
|---|---|
| REVENUE | $236M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $223M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $0 |
| Operating Expenses | $0 |
| Cost & Expenses | -$31M |
| OPERATING INCOME | $267M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$119M |
| INCOME BEFORE TAX | $147M |
| Income Tax Expense | $28.0K |
| Net Income from Continuing Ops | $147M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $147M |
| Net Income Deductions | -$18M |
| BOTTOM LINE NET INCOME | $147M |
| D&A | $0 |
| EBIT | $267M |
| EBITDA | $267M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $236M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $223M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $0 |
| Operating Expenses | $0 |
| Cost & Expenses | -$31M |
| OPERATING INCOME | $267M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$119M |
| INCOME BEFORE TAX | $147M |
| Income Tax Expense | $28.0K |
| Net Income from Continuing Ops | $147M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $147M |
| Net Income Deductions | -$18M |
| BOTTOM LINE NET INCOME | $147M |
| D&A | $0 |
| EBIT | $267M |
| EBITDA | $267M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $147M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$50M |
| Change in Working Capital | -$20M |
| OPERATING CASH FLOW | $77M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$58M |
| Sales/Maturities of Investments | $105M |
| Other Investing Activities | $146M |
| NET CASH FROM INVESTING | $193M |
| Net Debt Issuance | -$240M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$327M |
| FREE CASH FLOW | $77M |
| Net Change in Cash | -$57M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $269M |
| Short-Term Investments | $0 |
| Net Receivables | $81M |
| Inventory | $0 |
| Other Current Assets | -$350M |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $17.5B |
| Account Payables | $0 |
| Short-Term Debt | $5.4B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $230M |
| TOTAL CURRENT LIABILITIES | $5.7B |
| Long-Term Debt | $8.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$8.1B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $13.7B |
| Common Stock | $2M |
| Additional Paid-In Capital | $3.6B |
| Retained Earnings | -$1.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $558M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.8B |
| TOTAL LIABILITIES & EQUITY | $17.5B |
| Total Debt | $13.5B |
| Net Debt | $13.2B |
