| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.8B | $6.2B | $6.3B | 9.6% | 7.2% |
| Op. Income | $682M | $466M | $249M | 46.4% | 173.3% |
| Gross Margin | 31.8% | 31.2% | 31.0% | 0.7pp | 0.8pp |
| Net Margin | 7.4% | 5.3% | 1.9% | 2.1pp | 5.5pp |
| EPS (Diluted) | $2.13 | $1.39 | $0.52 | 53.2% | 309.6% |
| Free Cash Flow | $791M | $60M | $604M | 1212.3% | 31.1% |
| Item | Amount |
|---|---|
| REVENUE | $6.8B |
| Cost of Revenue | $4.6B |
| GROSS PROFIT | $2.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.5B |
| Other Expenses | $0 |
| Operating Expenses | $1.5B |
| Cost & Expenses | $6.1B |
| OPERATING INCOME | $682M |
| Interest Income | $0 |
| Interest Expense | $34M |
| Other Income/Expenses | -$34M |
| INCOME BEFORE TAX | $647M |
| Income Tax Expense | $145M |
| Net Income from Continuing Ops | $503M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $503M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $503M |
| D&A | $183M |
| EBIT | $682M |
| EBITDA | $865M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $6.8B |
| Cost of Revenue | $4.6B |
| GROSS PROFIT | $2.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.5B |
| Other Expenses | $0 |
| Operating Expenses | $1.5B |
| Cost & Expenses | $6.1B |
| OPERATING INCOME | $682M |
| Interest Income | $0 |
| Interest Expense | $34M |
| Other Income/Expenses | -$34M |
| INCOME BEFORE TAX | $647M |
| Income Tax Expense | $145M |
| Net Income from Continuing Ops | $503M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $503M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $503M |
| D&A | $183M |
| EBIT | $682M |
| EBITDA | $865M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $503M |
| Depreciation & Amortization | $183M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | -$29M |
| Other Non-Cash Items | $13M |
| Change in Working Capital | $300M |
| OPERATING CASH FLOW | $983M |
| Capital Expenditure | -$191M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $9M |
| NET CASH FROM INVESTING | -$182M |
| Net Debt Issuance | -$300M |
| Common Stock Repurchased | -$206M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$100.0K |
| NET CASH FROM FINANCING | -$503M |
| FREE CASH FLOW | $791M |
| Net Change in Cash | $298M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.4B |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $3.4B |
| Other Current Assets | $207M |
| TOTAL CURRENT ASSETS | $5.1B |
| PP&E (Net) | $10.4B |
| Goodwill | $2.0B |
| Intangible Assets | $3.1B |
| Long-Term Investments | $0 |
| Tax Assets | $23M |
| Other Non-Current Assets | $97M |
| TOTAL NON-CURRENT ASSETS | $15.6B |
| TOTAL ASSETS | $20.7B |
| Account Payables | $1.5B |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $440M |
| TOTAL CURRENT LIABILITIES | $3.7B |
| Long-Term Debt | $3.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.0B |
| Other Non-Current Liabilities | $375M |
| TOTAL NON-CURRENT LIABILITIES | $9.7B |
| TOTAL LIABILITIES | $13.4B |
| Common Stock | $2M |
| Additional Paid-In Capital | $2.1B |
| Retained Earnings | $5.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$35M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $7.3B |
| TOTAL LIABILITIES & EQUITY | $20.7B |
| Total Debt | $9.6B |
| Net Debt | $8.2B |
