| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.0B | $1.1B | 6.2% | 0.7% |
| Op. Income | $144M | $166M | $107M | -13.8% | 33.6% |
| Gross Margin | 40.3% | 39.4% | 36.7% | 0.9pp | 3.6pp |
| Net Margin | 10.4% | 12.7% | 26.0% | -2.4pp | -15.6pp |
| EPS (Diluted) | $0.80 | $0.91 | $1.84 | -12.1% | -56.5% |
| Free Cash Flow | $194M | $217M | $186M | -10.7% | 4.3% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $642M |
| GROSS PROFIT | $434M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $291M |
| Operating Expenses | $291M |
| Cost & Expenses | $933M |
| OPERATING INCOME | $144M |
| Interest Income | $0 |
| Interest Expense | $23M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $144M |
| Income Tax Expense | $32M |
| Net Income from Continuing Ops | $112M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $112M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $112M |
| D&A | $85M |
| EBIT | $167M |
| EBITDA | $252M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $642M |
| GROSS PROFIT | $434M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $291M |
| Operating Expenses | $291M |
| Cost & Expenses | $933M |
| OPERATING INCOME | $144M |
| Interest Income | $0 |
| Interest Expense | $23M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $144M |
| Income Tax Expense | $32M |
| Net Income from Continuing Ops | $112M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $112M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $112M |
| D&A | $85M |
| EBIT | $167M |
| EBITDA | $252M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $112M |
| Depreciation & Amortization | $85M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $16M |
| Other Non-Cash Items | -$153M |
| Change in Working Capital | $134M |
| OPERATING CASH FLOW | $194M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.2B |
| Sales/Maturities of Investments | $1.0B |
| Other Investing Activities | -$15M |
| NET CASH FROM INVESTING | -$179M |
| Net Debt Issuance | $145M |
| Common Stock Repurchased | -$100M |
| Common Dividends Paid | -$17M |
| Other Financing Activities | $148M |
| NET CASH FROM FINANCING | $190M |
| FREE CASH FLOW | $194M |
| Net Change in Cash | $205M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $54M |
| Short-Term Investments | $23.4B |
| Net Receivables | $4.8B |
| Inventory | $0 |
| Other Current Assets | -$28.2B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $25.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$25.0B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $35.3B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $3.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$3.9B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $29.9B |
| Common Stock | $1M |
| Additional Paid-In Capital | $2.5B |
| Retained Earnings | $752M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2.2B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.5B |
| TOTAL LIABILITIES & EQUITY | $35.3B |
| Total Debt | $3.9B |
| Net Debt | $3.9B |
