| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.7B | $1.8B | $1.4B | -3.0% | 20.7% |
| Op. Income | $186M | $337M | $190M | -44.6% | -2.1% |
| Gross Margin | 55.0% | 55.7% | 48.7% | -0.7pp | 6.3pp |
| Net Margin | 6.1% | 12.4% | 18.7% | -6.3pp | -12.6pp |
| EPS (Diluted) | $0.76 | $1.61 | $2.01 | -52.8% | -62.2% |
| Free Cash Flow | $448M | $208M | $221M | 115.6% | 103.2% |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $776M |
| GROSS PROFIT | $947M |
| R&D Expenses | $85M |
| Selling & Marketing | $101M |
| General & Administrative | $366M |
| SG&A Expenses | $468M |
| Other Expenses | $208M |
| Operating Expenses | $761M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $186M |
| Interest Income | $1M |
| Interest Expense | $47M |
| Other Income/Expenses | -$48M |
| INCOME BEFORE TAX | $138M |
| Income Tax Expense | $32M |
| Net Income from Continuing Ops | $106M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $105M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $105M |
| D&A | $182M |
| EBIT | $186M |
| EBITDA | $368M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $776M |
| GROSS PROFIT | $947M |
| R&D Expenses | $85M |
| Selling & Marketing | $101M |
| General & Administrative | $366M |
| SG&A Expenses | $468M |
| Other Expenses | $208M |
| Operating Expenses | $761M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $186M |
| Interest Income | $1M |
| Interest Expense | $47M |
| Other Income/Expenses | -$48M |
| INCOME BEFORE TAX | $138M |
| Income Tax Expense | $32M |
| Net Income from Continuing Ops | $106M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $105M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $105M |
| D&A | $182M |
| EBIT | $186M |
| EBITDA | $368M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $105M |
| Depreciation & Amortization | $182M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $18M |
| Other Non-Cash Items | $50M |
| Change in Working Capital | $127M |
| OPERATING CASH FLOW | $482M |
| Capital Expenditure | -$34M |
| Acquisitions (Net) | -$9M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $14M |
| NET CASH FROM INVESTING | -$29M |
| Net Debt Issuance | -$60M |
| Common Stock Repurchased | $47M |
| Common Dividends Paid | -$93M |
| Other Financing Activities | -$54M |
| NET CASH FROM FINANCING | -$145M |
| FREE CASH FLOW | $448M |
| Net Change in Cash | $317M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.4B |
| Short-Term Investments | $0 |
| Net Receivables | $1.4B |
| Inventory | $396M |
| Other Current Assets | $73M |
| TOTAL CURRENT ASSETS | $3.8B |
| PP&E (Net) | $489M |
| Goodwill | $3.7B |
| Intangible Assets | $1.5B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.3B |
| TOTAL NON-CURRENT ASSETS | $7.0B |
| TOTAL ASSETS | $10.8B |
| Account Payables | $426M |
| Short-Term Debt | $439M |
| Deferred Revenue | $161M |
| Other Current Liabilities | $50M |
| TOTAL CURRENT LIABILITIES | $2.4B |
| Long-Term Debt | $4.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $794M |
| TOTAL NON-CURRENT LIABILITIES | $5.5B |
| TOTAL LIABILITIES | $7.9B |
| Common Stock | $110M |
| Additional Paid-In Capital | $2.3B |
| Retained Earnings | $4.2B |
| Treasury Stock | -$3.6B |
| Accum. Other Comp. Income | -$195M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.9B |
| Minority Interest | $64M |
| TOTAL EQUITY | $3.0B |
| TOTAL LIABILITIES & EQUITY | $10.8B |
| Total Debt | $5.1B |
| Net Debt | $3.7B |
