| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $518M | $481M | $427M | 7.6% | 21.2% |
| Op. Income | $113M | $107M | $84M | 6.1% | 34.7% |
| Gross Margin | 44.6% | 47.0% | 46.3% | -2.4pp | -1.7pp |
| Net Margin | 16.7% | 16.5% | 13.5% | 0.2pp | 3.3pp |
| EPS (Diluted) | $0.63 | $0.58 | $0.42 | 8.6% | 50.0% |
| Free Cash Flow | $152M | $69M | $103M | 121.5% | 47.8% |
| Item | Amount |
|---|---|
| REVENUE | $518M |
| Cost of Revenue | $287M |
| GROSS PROFIT | $231M |
| R&D Expenses | $38M |
| Selling & Marketing | $0 |
| General & Administrative | $68M |
| SG&A Expenses | $68M |
| Other Expenses | $12M |
| Operating Expenses | $118M |
| Cost & Expenses | $404M |
| OPERATING INCOME | $113M |
| Interest Income | $122.0K |
| Interest Expense | $12M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $106M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $87M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $87M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $87M |
| D&A | $33M |
| EBIT | $119M |
| EBITDA | $152M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $518M |
| Cost of Revenue | $287M |
| GROSS PROFIT | $231M |
| R&D Expenses | $38M |
| Selling & Marketing | $0 |
| General & Administrative | $68M |
| SG&A Expenses | $68M |
| Other Expenses | $12M |
| Operating Expenses | $118M |
| Cost & Expenses | $404M |
| OPERATING INCOME | $113M |
| Interest Income | $122.0K |
| Interest Expense | $12M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $106M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $87M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $87M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $87M |
| D&A | $33M |
| EBIT | $119M |
| EBITDA | $152M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $87M |
| Depreciation & Amortization | $33M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$22M |
| Other Non-Cash Items | $708.0K |
| Change in Working Capital | $99M |
| OPERATING CASH FLOW | $204M |
| Capital Expenditure | -$52M |
| Acquisitions (Net) | -$767.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $73.0K |
| NET CASH FROM INVESTING | -$53M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$15M |
| Common Dividends Paid | -$11M |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | -$22M |
| FREE CASH FLOW | $152M |
| Net Change in Cash | $133M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $581M |
| Short-Term Investments | $0 |
| Net Receivables | $264M |
| Inventory | $324M |
| Other Current Assets | $65M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $571M |
| Goodwill | $748M |
| Intangible Assets | $338M |
| Long-Term Investments | $0 |
| Tax Assets | $15M |
| Other Non-Current Assets | $12M |
| TOTAL NON-CURRENT ASSETS | $1.7B |
| TOTAL ASSETS | $2.9B |
| Account Payables | $82M |
| Short-Term Debt | $10M |
| Deferred Revenue | $14M |
| Other Current Liabilities | $59M |
| TOTAL CURRENT LIABILITIES | $303M |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $74M |
| Other Non-Current Liabilities | $36M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $1.5B |
| Common Stock | $1M |
| Additional Paid-In Capital | $845M |
| Retained Earnings | $578M |
| Treasury Stock | -$7M |
| Accum. Other Comp. Income | -$37M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $2.9B |
| Total Debt | $1.1B |
| Net Debt | $555M |
