| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $951M | $936M | $941M | 1.6% | 1.0% |
| Op. Income | $113M | $125M | $120M | -9.3% | -5.4% |
| Gross Margin | 35.4% | 35.2% | 33.0% | 0.2pp | 2.5pp |
| Net Margin | 7.9% | 9.1% | 8.7% | -1.2pp | -0.8pp |
| EPS (Diluted) | $0.38 | $0.43 | $0.42 | -11.6% | -9.5% |
| Free Cash Flow | $135M | $235M | $59M | -42.6% | 128.4% |
| Item | Amount |
|---|---|
| REVENUE | $951M |
| Cost of Revenue | $614M |
| GROSS PROFIT | $337M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $208M |
| Other Expenses | $16M |
| Operating Expenses | $224M |
| Cost & Expenses | $838M |
| OPERATING INCOME | $113M |
| Interest Income | $2M |
| Interest Expense | $13M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $100M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $75M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $75M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $75M |
| D&A | $40M |
| EBIT | $113M |
| EBITDA | $153M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $951M |
| Cost of Revenue | $614M |
| GROSS PROFIT | $337M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $208M |
| Other Expenses | $16M |
| Operating Expenses | $224M |
| Cost & Expenses | $838M |
| OPERATING INCOME | $113M |
| Interest Income | $2M |
| Interest Expense | $13M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $100M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $75M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $75M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $75M |
| D&A | $40M |
| EBIT | $113M |
| EBITDA | $153M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $75M |
| Depreciation & Amortization | $37M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$13M |
| Other Non-Cash Items | $39M |
| Change in Working Capital | $22M |
| OPERATING CASH FLOW | $159M |
| Capital Expenditure | -$24M |
| Acquisitions (Net) | -$186M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$211M |
| Net Debt Issuance | -$7M |
| Common Stock Repurchased | -$64M |
| Common Dividends Paid | -$18M |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | -$90M |
| FREE CASH FLOW | $135M |
| Net Change in Cash | -$123M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $680M |
| Short-Term Investments | $0 |
| Net Receivables | $890M |
| Inventory | $0 |
| Other Current Assets | $59M |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $586M |
| Goodwill | $1.7B |
| Intangible Assets | $237M |
| Long-Term Investments | $0 |
| Tax Assets | $107M |
| Other Non-Current Assets | $500M |
| TOTAL NON-CURRENT ASSETS | $3.1B |
| TOTAL ASSETS | $4.9B |
| Account Payables | $14M |
| Short-Term Debt | $284M |
| Deferred Revenue | $155M |
| Other Current Liabilities | $481M |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $69M |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $139M |
| TOTAL NON-CURRENT LIABILITIES | $1.8B |
| TOTAL LIABILITIES | $3.0B |
| Common Stock | $2M |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | $742M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$545M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.8B |
| TOTAL LIABILITIES & EQUITY | $4.9B |
| Total Debt | $2.0B |
| Net Debt | $1.3B |
