| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $859M | $477M | $687M | 80.1% | 24.9% |
| Op. Income | $170M | $24M | $144M | 599.4% | 17.7% |
| Gross Margin | 39.7% | 31.7% | 42.1% | 8.0pp | -2.4pp |
| Net Margin | 14.4% | 4.3% | 16.1% | 10.2pp | -1.6pp |
| EPS (Diluted) | $2.20 | $0.36 | $1.97 | 511.1% | 11.7% |
| Free Cash Flow | $194M | $11M | $129M | 1625.8% | 49.9% |
| Item | Amount |
|---|---|
| REVENUE | $859M |
| Cost of Revenue | $518M |
| GROSS PROFIT | $341M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $171M |
| Other Expenses | $0 |
| Operating Expenses | $171M |
| Cost & Expenses | $689M |
| OPERATING INCOME | $170M |
| Interest Income | $0 |
| Interest Expense | $719.0K |
| Other Income/Expenses | -$719.0K |
| INCOME BEFORE TAX | $169M |
| Income Tax Expense | $45M |
| 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 | $18M |
| EBIT | $170M |
| EBITDA | $188M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $859M |
| Cost of Revenue | $518M |
| GROSS PROFIT | $341M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $171M |
| Other Expenses | $0 |
| Operating Expenses | $171M |
| Cost & Expenses | $689M |
| OPERATING INCOME | $170M |
| Interest Income | $0 |
| Interest Expense | $719.0K |
| Other Income/Expenses | -$719.0K |
| INCOME BEFORE TAX | $169M |
| Income Tax Expense | $45M |
| 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 | $18M |
| EBIT | $170M |
| EBITDA | $188M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $124M |
| Depreciation & Amortization | $18M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $25M |
| Other Non-Cash Items | $929.0K |
| Change in Working Capital | $71M |
| OPERATING CASH FLOW | $245M |
| Capital Expenditure | -$51M |
| Acquisitions (Net) | $51M |
| Purchases of Investments | -$73M |
| Sales/Maturities of Investments | $28M |
| Other Investing Activities | -$51M |
| NET CASH FROM INVESTING | -$95M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$128.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | $194M |
| Net Change in Cash | $152M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $269M |
| Short-Term Investments | $141M |
| Net Receivables | $6M |
| Inventory | $281M |
| Other Current Assets | $39M |
| TOTAL CURRENT ASSETS | $755M |
| PP&E (Net) | $1.5B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $18M |
| TOTAL NON-CURRENT ASSETS | $1.6B |
| TOTAL ASSETS | $2.3B |
| Account Payables | $139M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $436M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $29M |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $997M |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $559.0K |
| Additional Paid-In Capital | $321M |
| Retained Earnings | $560M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $882M |
| Minority Interest | $0 |
| TOTAL EQUITY | $882M |
| TOTAL LIABILITIES & EQUITY | $2.3B |
| Total Debt | $1.1B |
| Net Debt | $842M |
