| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $379M | $374M | $366M | 1.4% | 3.7% |
| Op. Income | $148M | $159M | $111M | -7.0% | 33.1% |
| Gross Margin | 94.6% | 93.2% | 80.5% | 1.4pp | 14.1pp |
| Net Margin | 39.7% | 33.4% | 22.9% | 6.4pp | 16.8pp |
| EPS (Diluted) | $0.68 | $0.57 | $0.38 | 19.3% | 78.9% |
| Free Cash Flow | $174M | $61M | -$7M | 186.3% | 2571.8% |
| Item | Amount |
|---|---|
| REVENUE | $379M |
| Cost of Revenue | $21M |
| GROSS PROFIT | $359M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $151M |
| SG&A Expenses | $153M |
| Other Expenses | $59M |
| Operating Expenses | $211M |
| Cost & Expenses | $232M |
| OPERATING INCOME | $148M |
| Interest Income | $255M |
| Interest Expense | $21M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $148M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | $151M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $151M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $151M |
| D&A | $9M |
| EBIT | $148M |
| EBITDA | $157M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $379M |
| Cost of Revenue | $21M |
| GROSS PROFIT | $359M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $151M |
| SG&A Expenses | $153M |
| Other Expenses | $59M |
| Operating Expenses | $211M |
| Cost & Expenses | $232M |
| OPERATING INCOME | $148M |
| Interest Income | $255M |
| Interest Expense | $21M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $148M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | $151M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $151M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $151M |
| D&A | $9M |
| EBIT | $148M |
| EBITDA | $157M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $151M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$65M |
| Change in Working Capital | $77M |
| OPERATING CASH FLOW | $175M |
| Capital Expenditure | -$460.0K |
| Acquisitions (Net) | -$90M |
| Purchases of Investments | -$272M |
| Sales/Maturities of Investments | $224M |
| Other Investing Activities | $549M |
| NET CASH FROM INVESTING | $410M |
| Net Debt Issuance | -$225M |
| Common Stock Repurchased | -$27.0K |
| Common Dividends Paid | -$46M |
| Other Financing Activities | $40M |
| NET CASH FROM FINANCING | -$231M |
| FREE CASH FLOW | $174M |
| Net Change in Cash | $353M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.6B |
| Short-Term Investments | $2.9B |
| Net Receivables | $1.6B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $7.1B |
| PP&E (Net) | $283M |
| Goodwill | $3M |
| Intangible Assets | $106M |
| Long-Term Investments | $21.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $529M |
| TOTAL NON-CURRENT ASSETS | $22.1B |
| TOTAL ASSETS | $29.2B |
| Account Payables | $0 |
| Short-Term Debt | $375M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $24.6B |
| TOTAL CURRENT LIABILITIES | $25.0B |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $299M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $26.5B |
| Common Stock | $3.5B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$933M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $123M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.7B |
| TOTAL LIABILITIES & EQUITY | $29.2B |
| Total Debt | $1.6B |
| Net Debt | -$969M |
