| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.1B | $1.1B | 21.8% | 22.6% |
| Op. Income | $371M | $317M | $277M | 17.1% | 34.3% |
| Gross Margin | 58.5% | 60.2% | 58.0% | -1.7pp | 0.5pp |
| Net Margin | 24.7% | 28.3% | 32.7% | -3.6pp | -8.1pp |
| EPS (Diluted) | $1.73 | $1.63 | $1.89 | 6.1% | -8.5% |
| Free Cash Flow | $387M | $235M | $207M | 64.5% | 86.7% |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $560M |
| GROSS PROFIT | $791M |
| R&D Expenses | $200M |
| Selling & Marketing | $61M |
| General & Administrative | $159M |
| SG&A Expenses | $220M |
| Other Expenses | $828.0K |
| Operating Expenses | $420M |
| Cost & Expenses | $980M |
| OPERATING INCOME | $371M |
| Interest Income | $7M |
| Interest Expense | $0 |
| Other Income/Expenses | $20M |
| INCOME BEFORE TAX | $391M |
| Income Tax Expense | $58M |
| Net Income from Continuing Ops | $334M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $334M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $334M |
| D&A | $37M |
| EBIT | $371M |
| EBITDA | $408M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $560M |
| GROSS PROFIT | $791M |
| R&D Expenses | $200M |
| Selling & Marketing | $61M |
| General & Administrative | $159M |
| SG&A Expenses | $220M |
| Other Expenses | $828.0K |
| Operating Expenses | $420M |
| Cost & Expenses | $980M |
| OPERATING INCOME | $371M |
| Interest Income | $7M |
| Interest Expense | $0 |
| Other Income/Expenses | $20M |
| INCOME BEFORE TAX | $391M |
| Income Tax Expense | $58M |
| Net Income from Continuing Ops | $334M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $334M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $334M |
| D&A | $37M |
| EBIT | $371M |
| EBITDA | $408M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $334M |
| Depreciation & Amortization | $37M |
| Stock-Based Compensation | $27M |
| Deferred Income Tax | -$7M |
| Other Non-Cash Items | -$14M |
| Change in Working Capital | $60M |
| OPERATING CASH FLOW | $436M |
| Capital Expenditure | -$49M |
| Acquisitions (Net) | -$422.0K |
| Purchases of Investments | -$350M |
| Sales/Maturities of Investments | $318M |
| Other Investing Activities | $434.0K |
| NET CASH FROM INVESTING | -$81M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$13M |
| Common Dividends Paid | -$117M |
| Other Financing Activities | -$1.0K |
| NET CASH FROM FINANCING | -$130M |
| FREE CASH FLOW | $387M |
| Net Change in Cash | $235M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.5B |
| Short-Term Investments | $388M |
| Net Receivables | $849M |
| Inventory | $762M |
| Other Current Assets | $20M |
| TOTAL CURRENT ASSETS | $3.7B |
| PP&E (Net) | $950M |
| Goodwill | $584M |
| Intangible Assets | $244M |
| Long-Term Investments | $1.1B |
| Tax Assets | $245M |
| Other Non-Current Assets | $207M |
| TOTAL NON-CURRENT ASSETS | $3.4B |
| TOTAL ASSETS | $7.0B |
| Account Payables | $259M |
| Short-Term Debt | $0 |
| Deferred Revenue | $87M |
| Other Current Liabilities | $637M |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $50M |
| Deferred Tax Liabilities | $117M |
| Other Non-Current Liabilities | $108M |
| TOTAL NON-CURRENT LIABILITIES | $351M |
| TOTAL LIABILITIES | $1.5B |
| Common Stock | $18M |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | $3.8B |
| Treasury Stock | -$320M |
| Accum. Other Comp. Income | $183M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.5B |
| TOTAL LIABILITIES & EQUITY | $7.0B |
| Total Debt | $76M |
| Net Debt | -$1.4B |
