| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.8B | $2.6B | $2.3B | 5.8% | 19.3% |
| Op. Income | $119M | $273M | $219M | -56.2% | -45.5% |
| Gross Margin | 9.8% | 16.4% | 19.7% | -6.6pp | -9.9pp |
| Net Margin | 2.3% | 9.3% | 9.4% | -7.0pp | -7.1pp |
| EPS (Diluted) | $1.61 | $6.07 | $5.32 | -73.5% | -69.7% |
| Free Cash Flow | $683M | $1.1B | $365M | -37.1% | 87.0% |
| Item | Amount |
|---|---|
| REVENUE | $2.8B |
| Cost of Revenue | $2.5B |
| GROSS PROFIT | $272M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | $140M |
| Operating Expenses | $152M |
| Cost & Expenses | $2.6B |
| OPERATING INCOME | $119M |
| Interest Income | $0 |
| Interest Expense | $15M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $119M |
| Income Tax Expense | $56M |
| Net Income from Continuing Ops | $64M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $64M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $63M |
| D&A | $0 |
| EBIT | $134M |
| EBITDA | $134M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $2.8B |
| Cost of Revenue | $2.5B |
| GROSS PROFIT | $272M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | $140M |
| Operating Expenses | $152M |
| Cost & Expenses | $2.6B |
| OPERATING INCOME | $119M |
| Interest Income | $0 |
| Interest Expense | $15M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $119M |
| Income Tax Expense | $56M |
| Net Income from Continuing Ops | $64M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $64M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $63M |
| D&A | $0 |
| EBIT | $134M |
| EBITDA | $134M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $64M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$100M |
| Change in Working Capital | $709M |
| OPERATING CASH FLOW | $683M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3.4B |
| Sales/Maturities of Investments | $1.4B |
| Other Investing Activities | $40M |
| NET CASH FROM INVESTING | -$2.0B |
| Net Debt Issuance | $1.2B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$62M |
| Other Financing Activities | -$519.0K |
| NET CASH FROM FINANCING | $1.1B |
| FREE CASH FLOW | $683M |
| Net Change in Cash | -$137M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $802M |
| Short-Term Investments | $8.3B |
| Net Receivables | $4.7B |
| Inventory | $0 |
| Other Current Assets | -$14.2B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $22.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$22.6B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $32.7B |
| Account Payables | $294M |
| Short-Term Debt | $1.4B |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$1.9B |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $1.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$1.9B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $23.0B |
| Common Stock | $696.0K |
| Additional Paid-In Capital | $2.2B |
| Retained Earnings | $10.6B |
| Treasury Stock | -$3.6B |
| Accum. Other Comp. Income | $535M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $9.7B |
| TOTAL LIABILITIES & EQUITY | $32.7B |
| Total Debt | $3.3B |
| Net Debt | $2.5B |
