| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $537M | $478M | $455M | 12.4% | 18.0% |
| Op. Income | $80M | $59M | $82M | 36.5% | -2.0% |
| Gross Margin | 41.5% | 42.6% | 42.1% | -1.1pp | -0.6pp |
| Net Margin | 5.6% | 7.5% | 16.4% | -2.0pp | -10.8pp |
| EPS (Diluted) | $0.12 | $0.15 | $0.29 | -20.0% | -58.6% |
| Free Cash Flow | $75M | $63M | $60M | 18.6% | 25.0% |
| Item | Amount |
|---|---|
| REVENUE | $537M |
| Cost of Revenue | $314M |
| GROSS PROFIT | $223M |
| R&D Expenses | $11M |
| Selling & Marketing | $6M |
| General & Administrative | $125M |
| SG&A Expenses | $131M |
| Other Expenses | $0 |
| Operating Expenses | $143M |
| Cost & Expenses | $457M |
| OPERATING INCOME | $80M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $72M |
| Income Tax Expense | $42M |
| Net Income from Continuing Ops | $30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $30M |
| D&A | $41M |
| EBIT | $86M |
| EBITDA | $127M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $537M |
| Cost of Revenue | $314M |
| GROSS PROFIT | $223M |
| R&D Expenses | $11M |
| Selling & Marketing | $6M |
| General & Administrative | $125M |
| SG&A Expenses | $131M |
| Other Expenses | $0 |
| Operating Expenses | $143M |
| Cost & Expenses | $457M |
| OPERATING INCOME | $80M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $72M |
| Income Tax Expense | $42M |
| Net Income from Continuing Ops | $30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $30M |
| D&A | $41M |
| EBIT | $86M |
| EBITDA | $127M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $30M |
| Depreciation & Amortization | $41M |
| Stock-Based Compensation | $600.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$32M |
| Change in Working Capital | $42M |
| OPERATING CASH FLOW | $82M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$20M |
| Common Dividends Paid | -$12M |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$36M |
| FREE CASH FLOW | $75M |
| Net Change in Cash | $44M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $292M |
| Short-Term Investments | $0 |
| Net Receivables | $403M |
| Inventory | $203M |
| Other Current Assets | $68M |
| TOTAL CURRENT ASSETS | $990M |
| PP&E (Net) | $240M |
| Goodwill | $2.3B |
| Intangible Assets | $856M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $145M |
| TOTAL NON-CURRENT ASSETS | $3.5B |
| TOTAL ASSETS | $4.5B |
| Account Payables | $96M |
| Short-Term Debt | $7M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $91M |
| TOTAL CURRENT LIABILITIES | $314M |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $113M |
| Other Non-Current Liabilities | $190M |
| TOTAL NON-CURRENT LIABILITIES | $1.9B |
| TOTAL LIABILITIES | $2.2B |
| Common Stock | $3M |
| Additional Paid-In Capital | $4.1B |
| Retained Earnings | -$1.5B |
| Treasury Stock | -$138M |
| Accum. Other Comp. Income | -$195M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.3B |
| Minority Interest | -$2M |
| TOTAL EQUITY | $2.3B |
| TOTAL LIABILITIES & EQUITY | $4.5B |
| Total Debt | $1.6B |
| Net Debt | $1.3B |
