| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $192M | $176M | $184M | 9.1% | 3.9% |
| Op. Income | $54M | $51M | $58M | 5.7% | -7.4% |
| Gross Margin | 88.0% | 84.5% | 81.9% | 3.5pp | 6.1pp |
| Net Margin | 25.2% | 23.6% | 26.4% | 1.6pp | -1.2pp |
| EPS (Diluted) | $0.49 | $0.42 | $0.49 | 16.7% | 0.0% |
| Free Cash Flow | $151M | $19M | $73M | 705.7% | 107.8% |
| Item | Amount |
|---|---|
| REVENUE | $192M |
| Cost of Revenue | $23M |
| GROSS PROFIT | $168M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $71M |
| SG&A Expenses | $73M |
| Other Expenses | $41M |
| Operating Expenses | $115M |
| Cost & Expenses | $138M |
| OPERATING INCOME | $54M |
| Interest Income | $130M |
| Interest Expense | $12M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $54M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $48M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $48M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $48M |
| D&A | $8M |
| EBIT | $54M |
| EBITDA | $62M |
| EPS | $1 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $192M |
| Cost of Revenue | $23M |
| GROSS PROFIT | $168M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $71M |
| SG&A Expenses | $73M |
| Other Expenses | $41M |
| Operating Expenses | $115M |
| Cost & Expenses | $138M |
| OPERATING INCOME | $54M |
| Interest Income | $130M |
| Interest Expense | $12M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $54M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $48M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $48M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $48M |
| D&A | $8M |
| EBIT | $54M |
| EBITDA | $62M |
| EPS | $1 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $48M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $34M |
| Change in Working Capital | $60M |
| OPERATING CASH FLOW | $154M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$805M |
| Sales/Maturities of Investments | $372M |
| Other Investing Activities | $312M |
| NET CASH FROM INVESTING | -$124M |
| Net Debt Issuance | -$648M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$22M |
| Other Financing Activities | $665M |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | $151M |
| Net Change in Cash | $24M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $251M |
| Short-Term Investments | $3.4B |
| Net Receivables | $73M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.7B |
| PP&E (Net) | $207M |
| Goodwill | $938M |
| Intangible Assets | $65M |
| Long-Term Investments | $10.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.1B |
| TOTAL NON-CURRENT ASSETS | $12.2B |
| TOTAL ASSETS | $16.0B |
| Account Payables | $516M |
| Short-Term Debt | $167M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $12.2B |
| TOTAL CURRENT LIABILITIES | $12.9B |
| Long-Term Debt | $339M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $435M |
| TOTAL NON-CURRENT LIABILITIES | $776M |
| TOTAL LIABILITIES | $13.7B |
| Common Stock | $1.6B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $720M |
| Treasury Stock | -$126M |
| Accum. Other Comp. Income | $49M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.3B |
| TOTAL LIABILITIES & EQUITY | $16.0B |
| Total Debt | $508M |
| Net Debt | $256M |
