| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $336M | $326M | $331M | 3.2% | 1.5% |
| Op. Income | $59M | $45M | $40M | 29.8% | 44.9% |
| Gross Margin | 36.9% | 30.3% | 34.3% | 6.6pp | 2.6pp |
| Net Margin | 14.2% | 11.2% | 10.0% | 3.0pp | 4.3pp |
| EPS (Diluted) | $1.15 | $0.88 | $0.78 | 30.7% | 47.4% |
| Free Cash Flow | -$8M | $102M | -$80M | -107.9% | 89.9% |
| Item | Amount |
|---|---|
| REVENUE | $336M |
| Cost of Revenue | $212M |
| GROSS PROFIT | $124M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $66M |
| Operating Expenses | $66M |
| Cost & Expenses | $278M |
| OPERATING INCOME | $59M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $59M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $48M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $48M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $48M |
| D&A | $6M |
| EBIT | $62M |
| EBITDA | $68M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $336M |
| Cost of Revenue | $212M |
| GROSS PROFIT | $124M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $66M |
| Operating Expenses | $66M |
| Cost & Expenses | $278M |
| OPERATING INCOME | $59M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $59M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $48M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $48M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $48M |
| D&A | $6M |
| EBIT | $62M |
| EBITDA | $68M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $48M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$65M |
| OPERATING CASH FLOW | -$8M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | -$22M |
| Purchases of Investments | -$263M |
| Sales/Maturities of Investments | $248M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$38M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$12M |
| Other Financing Activities | $17M |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$8M |
| Net Change in Cash | -$43M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $22M |
| Short-Term Investments | $6.7B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | -$6.7B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $65M |
| Goodwill | $44M |
| Intangible Assets | $159M |
| Long-Term Investments | $7.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$7.5B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $13.5B |
| Account Payables | $0 |
| Short-Term Debt | $135M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$135M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $302M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$302M |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $11.7B |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $488M |
| Retained Earnings | $1.4B |
| Treasury Stock | -$488M |
| Accum. Other Comp. Income | $355M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.8B |
| TOTAL LIABILITIES & EQUITY | $13.5B |
| Total Debt | $437M |
| Net Debt | $416M |
