| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $264M | $205M | $266M | 29.0% | -0.9% |
| Op. Income | $120M | $122M | $76M | -1.5% | 57.3% |
| Gross Margin | 81.9% | 88.9% | 34.7% | -6.9pp | 47.3pp |
| Net Margin | 87.4% | 45.8% | -19.0% | 41.6pp | 106.4pp |
| EPS (Diluted) | $6.47 | $3.09 | $-1.48 | 109.4% | 537.2% |
| Free Cash Flow | $108M | $133M | $239M | -18.6% | -54.8% |
| Item | Amount |
|---|---|
| REVENUE | $264M |
| Cost of Revenue | $48M |
| GROSS PROFIT | $216M |
| R&D Expenses | $0 |
| Selling & Marketing | $28M |
| General & Administrative | $57M |
| SG&A Expenses | $84M |
| Other Expenses | $12M |
| Operating Expenses | $96M |
| Cost & Expenses | $144M |
| OPERATING INCOME | $120M |
| Interest Income | $0 |
| Interest Expense | $27M |
| Other Income/Expenses | $137M |
| INCOME BEFORE TAX | $257M |
| Income Tax Expense | $26M |
| Net Income from Continuing Ops | $231M |
| Net Income from Discontinued Ops | -$3.0K |
| Other Adjustments | -$85.0K |
| NET INCOME | $231M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $231M |
| D&A | $8M |
| EBIT | $93M |
| EBITDA | $101M |
| EPS | $7 |
| EPS Diluted | $6 |
| Item | Amount |
|---|---|
| REVENUE | $264M |
| Cost of Revenue | $48M |
| GROSS PROFIT | $216M |
| R&D Expenses | $0 |
| Selling & Marketing | $28M |
| General & Administrative | $57M |
| SG&A Expenses | $84M |
| Other Expenses | $12M |
| Operating Expenses | $96M |
| Cost & Expenses | $144M |
| OPERATING INCOME | $120M |
| Interest Income | $0 |
| Interest Expense | $27M |
| Other Income/Expenses | $137M |
| INCOME BEFORE TAX | $257M |
| Income Tax Expense | $26M |
| Net Income from Continuing Ops | $231M |
| Net Income from Discontinued Ops | -$3.0K |
| Other Adjustments | -$85.0K |
| NET INCOME | $231M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $231M |
| D&A | $8M |
| EBIT | $93M |
| EBITDA | $101M |
| EPS | $7 |
| EPS Diluted | $6 |
| Item | Amount |
|---|---|
| Net Income | $231M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $7M |
| Other Non-Cash Items | -$135M |
| Change in Working Capital | -$503.0K |
| OPERATING CASH FLOW | $118M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $114M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$37M |
| NET CASH FROM INVESTING | $66M |
| Net Debt Issuance | -$347M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$827.0K |
| NET CASH FROM FINANCING | -$350M |
| FREE CASH FLOW | $108M |
| Net Change in Cash | -$166M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $297M |
| Short-Term Investments | $0 |
| Net Receivables | $1.3B |
| Inventory | $0 |
| Other Current Assets | $72M |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $120M |
| Goodwill | $268M |
| Intangible Assets | $26M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $44M |
| TOTAL NON-CURRENT ASSETS | $457M |
| TOTAL ASSETS | $2.1B |
| Account Payables | $27M |
| Short-Term Debt | $30M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $39M |
| TOTAL CURRENT LIABILITIES | $156M |
| Long-Term Debt | $917M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $48M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1.0B |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $0 |
| Additional Paid-In Capital | $188M |
| Retained Earnings | $849M |
| Treasury Stock | -$113M |
| Accum. Other Comp. Income | -$7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $917M |
| Minority Interest | $1M |
| TOTAL EQUITY | $919M |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $1.0B |
| Net Debt | $717M |
