| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $355M | $357M | $380M | -0.6% | -6.6% |
| Op. Income | $85M | $100M | $116M | -15.0% | -26.7% |
| Gross Margin | 84.8% | 79.6% | 77.1% | 5.2pp | 7.7pp |
| Net Margin | 20.3% | 23.2% | 25.0% | -2.9pp | -4.7pp |
| EPS (Diluted) | $0.22 | $0.25 | $0.28 | -12.0% | -21.4% |
| Free Cash Flow | $186M | $64M | $107M | 190.6% | 73.8% |
| Item | Amount |
|---|---|
| REVENUE | $355M |
| Cost of Revenue | $54M |
| GROSS PROFIT | $301M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $113M |
| SG&A Expenses | $113M |
| Other Expenses | $103M |
| Operating Expenses | $216M |
| Cost & Expenses | $270M |
| OPERATING INCOME | $85M |
| Interest Income | $271M |
| Interest Expense | $36M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $85M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $72M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $72M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $70M |
| D&A | -$8M |
| EBIT | $85M |
| EBITDA | $77M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $355M |
| Cost of Revenue | $54M |
| GROSS PROFIT | $301M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $113M |
| SG&A Expenses | $113M |
| Other Expenses | $103M |
| Operating Expenses | $216M |
| Cost & Expenses | $270M |
| OPERATING INCOME | $85M |
| Interest Income | $271M |
| Interest Expense | $36M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $85M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $72M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $72M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $70M |
| D&A | -$8M |
| EBIT | $85M |
| EBITDA | $77M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $72M |
| Depreciation & Amortization | -$8M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $6M |
| Other Non-Cash Items | $124M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $194M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.3B |
| Sales/Maturities of Investments | $1.0B |
| Other Investing Activities | $741M |
| NET CASH FROM INVESTING | $452M |
| Net Debt Issuance | -$398M |
| Common Stock Repurchased | -$13M |
| Common Dividends Paid | -$39M |
| Other Financing Activities | $289M |
| NET CASH FROM FINANCING | -$163M |
| FREE CASH FLOW | $186M |
| Net Change in Cash | $483M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.4B |
| Short-Term Investments | $3.5B |
| Net Receivables | $468M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $5.3B |
| PP&E (Net) | $332M |
| Goodwill | $2.3B |
| Intangible Assets | $54M |
| Long-Term Investments | $27.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.7B |
| TOTAL NON-CURRENT ASSETS | $32.0B |
| TOTAL ASSETS | $37.4B |
| Account Payables | $0 |
| Short-Term Debt | $1.7B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $29.1B |
| TOTAL CURRENT LIABILITIES | $30.8B |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $374M |
| TOTAL NON-CURRENT LIABILITIES | $1.6B |
| TOTAL LIABILITIES | $32.4B |
| Common Stock | $3M |
| Additional Paid-In Capital | $4.1B |
| Retained Earnings | $869M |
| Treasury Stock | -$68M |
| Accum. Other Comp. Income | -$39M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.0B |
| TOTAL LIABILITIES & EQUITY | $37.4B |
| Total Debt | $2.9B |
| Net Debt | $1.5B |
