| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $615M | $583M | $590M | 5.4% | 4.1% |
| Op. Income | $99M | $88M | $115M | 12.5% | -14.0% |
| Gross Margin | 81.8% | 81.8% | 84.6% | -0.0pp | -2.8pp |
| Net Margin | 12.6% | 12.0% | 16.1% | 0.7pp | -3.4pp |
| EPS (Diluted) | $1.26 | $1.14 | $1.57 | 10.5% | -19.7% |
| Free Cash Flow | $164M | $147M | $186M | 11.6% | -11.7% |
| Item | Amount |
|---|---|
| REVENUE | $615M |
| Cost of Revenue | $112M |
| GROSS PROFIT | $503M |
| R&D Expenses | $120M |
| Selling & Marketing | $220M |
| General & Administrative | $64M |
| SG&A Expenses | $284M |
| Other Expenses | $0 |
| Operating Expenses | $404M |
| Cost & Expenses | $516M |
| OPERATING INCOME | $99M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $98M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $78M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $78M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $78M |
| D&A | $27M |
| EBIT | $99M |
| EBITDA | $125M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $615M |
| Cost of Revenue | $112M |
| GROSS PROFIT | $503M |
| R&D Expenses | $120M |
| Selling & Marketing | $220M |
| General & Administrative | $64M |
| SG&A Expenses | $284M |
| Other Expenses | $0 |
| Operating Expenses | $404M |
| Cost & Expenses | $516M |
| OPERATING INCOME | $99M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $98M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $78M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $78M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $78M |
| D&A | $27M |
| EBIT | $99M |
| EBITDA | $125M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $78M |
| Depreciation & Amortization | $27M |
| Stock-Based Compensation | $53M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $21M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | $176M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | -$956M |
| Purchases of Investments | -$194M |
| Sales/Maturities of Investments | $221M |
| Other Investing Activities | $956M |
| NET CASH FROM INVESTING | $16M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | -$50M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$57M |
| FREE CASH FLOW | $164M |
| Net Change in Cash | $135M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $850M |
| Short-Term Investments | $360M |
| Net Receivables | $434M |
| Inventory | $28M |
| Other Current Assets | $45M |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $530M |
| Goodwill | $1.9B |
| Intangible Assets | $226M |
| Long-Term Investments | $169M |
| Tax Assets | $45M |
| Other Non-Current Assets | $86M |
| TOTAL NON-CURRENT ASSETS | $2.9B |
| TOTAL ASSETS | $4.7B |
| Account Payables | $64M |
| Short-Term Debt | $65M |
| Deferred Revenue | $883M |
| Other Current Liabilities | $106M |
| TOTAL CURRENT LIABILITIES | $1.3B |
| Long-Term Debt | $708M |
| Deferred Revenue NC | $389M |
| Deferred Tax Liabilities | $602.0K |
| Other Non-Current Liabilities | -$279M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $2.4B |
| Common Stock | $305M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$19M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.2B |
| TOTAL LIABILITIES & EQUITY | $4.7B |
| Total Debt | $1.1B |
| Net Debt | $262M |
