| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $798M | $923M | $843M | -13.5% | -5.3% |
| Op. Income | $10M | $117M | $77M | -91.3% | -86.7% |
| Gross Margin | 51.0% | 56.8% | 56.0% | -5.8pp | -4.9pp |
| Net Margin | 1.7% | 14.9% | 5.1% | -13.3pp | -3.5pp |
| EPS (Diluted) | $0.08 | $0.86 | $0.27 | -90.3% | -69.3% |
| Free Cash Flow | -$137M | $40M | $0 | -444.9% | — |
| Item | Amount |
|---|---|
| REVENUE | $798M |
| Cost of Revenue | $391M |
| GROSS PROFIT | $407M |
| R&D Expenses | $0 |
| Selling & Marketing | $118M |
| General & Administrative | $279M |
| SG&A Expenses | $397M |
| Other Expenses | $0 |
| Operating Expenses | $397M |
| Cost & Expenses | $788M |
| OPERATING INCOME | $10M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $11M |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $36M |
| Net Income from Continuing Ops | -$15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $60M |
| EBIT | $104M |
| EBITDA | $163M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $798M |
| Cost of Revenue | $391M |
| GROSS PROFIT | $407M |
| R&D Expenses | $0 |
| Selling & Marketing | $118M |
| General & Administrative | $279M |
| SG&A Expenses | $397M |
| Other Expenses | $0 |
| Operating Expenses | $397M |
| Cost & Expenses | $788M |
| OPERATING INCOME | $10M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $11M |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $36M |
| Net Income from Continuing Ops | -$15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $60M |
| EBIT | $104M |
| EBITDA | $163M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $13M |
| Depreciation & Amortization | $117M |
| Stock-Based Compensation | $51M |
| Deferred Income Tax | -$7M |
| Other Non-Cash Items | $36M |
| Change in Working Capital | -$101M |
| OPERATING CASH FLOW | $108M |
| Capital Expenditure | -$245M |
| Acquisitions (Net) | $1M |
| Purchases of Investments | $737M |
| Sales/Maturities of Investments | $2.0B |
| Other Investing Activities | -$2.7B |
| NET CASH FROM INVESTING | -$223M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$11M |
| NET CASH FROM FINANCING | -$11M |
| FREE CASH FLOW | -$137M |
| Net Change in Cash | -$141M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $915M |
| Short-Term Investments | $2.6B |
| Net Receivables | $4M |
| Inventory | $31M |
| Other Current Assets | $155M |
| TOTAL CURRENT ASSETS | $3.8B |
| PP&E (Net) | $2.1B |
| Goodwill | $80M |
| Intangible Assets | $16M |
| Long-Term Investments | $431M |
| Tax Assets | $63M |
| Other Non-Current Assets | $111M |
| TOTAL NON-CURRENT ASSETS | $2.8B |
| TOTAL ASSETS | $6.6B |
| Account Payables | $33M |
| Short-Term Debt | $0 |
| Deferred Revenue | $1.3B |
| Other Current Liabilities | $141M |
| TOTAL CURRENT LIABILITIES | $2.5B |
| Long-Term Debt | $118M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $12M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $3.7B |
| Common Stock | $2M |
| Additional Paid-In Capital | $456M |
| Retained Earnings | $2.0B |
| Treasury Stock | -$3.0K |
| Accum. Other Comp. Income | $289M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.7B |
| Minority Interest | $133M |
| TOTAL EQUITY | $2.9B |
| TOTAL LIABILITIES & EQUITY | $6.6B |
| Total Debt | $1.6B |
| Net Debt | $665M |
