| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.0B | $1.0B | 2.6% | 2.2% |
| Op. Income | $147M | $148M | $144M | -0.4% | 1.9% |
| Gross Margin | 33.2% | 33.6% | 35.2% | -0.4pp | -2.1pp |
| Net Margin | 12.8% | 11.7% | 11.8% | 1.0pp | 0.9pp |
| EPS (Diluted) | $1.01 | $0.90 | $0.90 | 12.2% | 12.2% |
| Free Cash Flow | $145M | $145M | $179M | -0.2% | -19.1% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $704M |
| GROSS PROFIT | $349M |
| R&D Expenses | $76M |
| Selling & Marketing | $0 |
| General & Administrative | $106M |
| SG&A Expenses | $106M |
| Other Expenses | $20M |
| Operating Expenses | $202M |
| Cost & Expenses | $906M |
| OPERATING INCOME | $147M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $141M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $134M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $134M |
| Net Income Deductions | $1.0K |
| BOTTOM LINE NET INCOME | $133M |
| D&A | $54M |
| EBIT | $146M |
| EBITDA | $200M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $704M |
| GROSS PROFIT | $349M |
| R&D Expenses | $76M |
| Selling & Marketing | $0 |
| General & Administrative | $106M |
| SG&A Expenses | $106M |
| Other Expenses | $20M |
| Operating Expenses | $202M |
| Cost & Expenses | $906M |
| OPERATING INCOME | $147M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $141M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $134M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $134M |
| Net Income Deductions | $1.0K |
| BOTTOM LINE NET INCOME | $133M |
| D&A | $54M |
| EBIT | $146M |
| EBITDA | $200M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $134M |
| Depreciation & Amortization | $54M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | -$14M |
| Other Non-Cash Items | $135.0K |
| Change in Working Capital | $20M |
| OPERATING CASH FLOW | $205M |
| Capital Expenditure | -$60M |
| Acquisitions (Net) | -$220M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$281M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$91M |
| Common Dividends Paid | -$44M |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$134M |
| FREE CASH FLOW | $145M |
| Net Change in Cash | -$211M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $983M |
| Short-Term Investments | $752.0K |
| Net Receivables | $861M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.1B |
| PP&E (Net) | $903M |
| Goodwill | $2.6B |
| Intangible Assets | $296M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $489M |
| TOTAL NON-CURRENT ASSETS | $4.3B |
| TOTAL ASSETS | $6.3B |
| Account Payables | $110M |
| Short-Term Debt | $100M |
| Deferred Revenue | $127M |
| Other Current Liabilities | $534M |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $644M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $258M |
| Other Non-Current Liabilities | $328M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $2.7B |
| Common Stock | $4M |
| Additional Paid-In Capital | $3.8B |
| Retained Earnings | $5.3B |
| Treasury Stock | -$5.5B |
| Accum. Other Comp. Income | $12M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.6B |
| Minority Interest | $43M |
| TOTAL EQUITY | $3.7B |
| TOTAL LIABILITIES & EQUITY | $6.3B |
| Total Debt | $1.0B |
| Net Debt | $50M |
