| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $247M | $243M | $229M | 1.7% | 8.1% |
| Op. Income | $146M | $148M | $174M | -1.5% | -16.2% |
| Gross Margin | 74.9% | 77.3% | 95.2% | -2.4pp | -20.3pp |
| Net Margin | 50.0% | 51.2% | 64.2% | -1.2pp | -14.2pp |
| EPS (Diluted) | $1.10 | $1.11 | $1.49 | -0.9% | -26.2% |
| Free Cash Flow | $178M | $202M | $164M | -11.8% | 8.6% |
| Item | Amount |
|---|---|
| REVENUE | $247M |
| Cost of Revenue | $62M |
| GROSS PROFIT | $185M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $21M |
| SG&A Expenses | $21M |
| Other Expenses | $18M |
| Operating Expenses | $39M |
| Cost & Expenses | $101M |
| OPERATING INCOME | $146M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $146M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $124M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $124M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $124M |
| D&A | $806.0K |
| EBIT | $148M |
| EBITDA | $149M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $247M |
| Cost of Revenue | $62M |
| GROSS PROFIT | $185M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $21M |
| SG&A Expenses | $21M |
| Other Expenses | $18M |
| Operating Expenses | $39M |
| Cost & Expenses | $101M |
| OPERATING INCOME | $146M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $146M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $124M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $124M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $124M |
| D&A | $806.0K |
| EBIT | $148M |
| EBITDA | $149M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $124M |
| Depreciation & Amortization | $806.0K |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $21M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $24M |
| OPERATING CASH FLOW | $179M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$301M |
| Sales/Maturities of Investments | $231M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$71M |
| Net Debt Issuance | -$106M |
| Common Stock Repurchased | -$56.0K |
| Common Dividends Paid | -$18M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$124M |
| FREE CASH FLOW | $178M |
| Net Change in Cash | -$16M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $103M |
| Short-Term Investments | $4.6B |
| Net Receivables | $50M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.7B |
| PP&E (Net) | $15M |
| Goodwill | $0 |
| Intangible Assets | $20M |
| Long-Term Investments | -$4.5B |
| Tax Assets | -$20M |
| Other Non-Current Assets | $9.0B |
| TOTAL NON-CURRENT ASSETS | $4.6B |
| TOTAL ASSETS | $5.2B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $234M |
| TOTAL CURRENT LIABILITIES | $322M |
| Long-Term Debt | $322M |
| Deferred Revenue NC | -$732M |
| Deferred Tax Liabilities | $305M |
| Other Non-Current Liabilities | $732M |
| TOTAL NON-CURRENT LIABILITIES | $627M |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $2M |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | $2.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $138M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.9B |
| TOTAL LIABILITIES & EQUITY | $5.2B |
| Total Debt | $322M |
| Net Debt | $219M |
