| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $614M | $618M | — | -0.6% | — |
| Op. Income | $44M | $62M | — | -29.0% | — |
| Gross Margin | 84.2% | 83.3% | — | 0.9pp | — |
| Net Margin | 37.6% | 460.4% | — | -422.7pp | — |
| EPS (Diluted) | $0.36 | $4.40 | — | -91.8% | — |
| Free Cash Flow | -$1.8B | $389M | — | -554.8% | — |
| Item | Amount |
|---|---|
| REVENUE | $614M |
| Cost of Revenue | $97M |
| GROSS PROFIT | $517M |
| R&D Expenses | $70M |
| Selling & Marketing | $150M |
| General & Administrative | $97M |
| SG&A Expenses | $247M |
| Other Expenses | $156M |
| Operating Expenses | $473M |
| Cost & Expenses | $570M |
| OPERATING INCOME | $44M |
| Interest Income | $24M |
| Interest Expense | $50M |
| Other Income/Expenses | $213M |
| INCOME BEFORE TAX | $257M |
| Income Tax Expense | $108M |
| Net Income from Continuing Ops | $149M |
| Net Income from Discontinued Ops | $82M |
| Other Adjustments | $0 |
| NET INCOME | $231M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $231M |
| D&A | $54M |
| EBIT | $307M |
| EBITDA | $361M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $614M |
| Cost of Revenue | $97M |
| GROSS PROFIT | $517M |
| R&D Expenses | $70M |
| Selling & Marketing | $150M |
| General & Administrative | $97M |
| SG&A Expenses | $247M |
| Other Expenses | $156M |
| Operating Expenses | $473M |
| Cost & Expenses | $570M |
| OPERATING INCOME | $44M |
| Interest Income | $24M |
| Interest Expense | $50M |
| Other Income/Expenses | $213M |
| INCOME BEFORE TAX | $257M |
| Income Tax Expense | $108M |
| Net Income from Continuing Ops | $149M |
| Net Income from Discontinued Ops | $82M |
| Other Adjustments | $0 |
| NET INCOME | $231M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $231M |
| D&A | $54M |
| EBIT | $307M |
| EBITDA | $361M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $231M |
| Depreciation & Amortization | $54M |
| Stock-Based Compensation | $42M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | -$243M |
| Change in Working Capital | -$1.9B |
| OPERATING CASH FLOW | -$1.8B |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $348M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $32M |
| Other Investing Activities | $11M |
| NET CASH FROM INVESTING | $388M |
| Net Debt Issuance | -$566M |
| Common Stock Repurchased | -$677M |
| Common Dividends Paid | -$7.3B |
| Other Financing Activities | -$539M |
| NET CASH FROM FINANCING | -$9.1B |
| FREE CASH FLOW | -$1.8B |
| Net Change in Cash | -$10.5B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.2B |
| Short-Term Investments | $86M |
| Net Receivables | $199M |
| Inventory | $0 |
| Other Current Assets | $507M |
| TOTAL CURRENT ASSETS | $3.1B |
| PP&E (Net) | $326M |
| Goodwill | $2.6B |
| Intangible Assets | $1.1B |
| Long-Term Investments | $187M |
| Tax Assets | $387M |
| Other Non-Current Assets | $104M |
| TOTAL NON-CURRENT ASSETS | $4.7B |
| TOTAL ASSETS | $7.7B |
| Account Payables | $87M |
| Short-Term Debt | $784M |
| Deferred Revenue | $1.0B |
| Other Current Liabilities | $392M |
| TOTAL CURRENT LIABILITIES | $2.6B |
| Long-Term Debt | $3.5B |
| Deferred Revenue NC | $27M |
| Deferred Tax Liabilities | $149M |
| Other Non-Current Liabilities | $1.4B |
| TOTAL NON-CURRENT LIABILITIES | $5.1B |
| TOTAL LIABILITIES | $7.7B |
| Common Stock | $3.4B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$3.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$16M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10M |
| Minority Interest | $0 |
| TOTAL EQUITY | $10M |
| TOTAL LIABILITIES & EQUITY | $7.7B |
| Total Debt | $4.3B |
| Net Debt | $2.1B |
