| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | $823M | — | 63.7% | — |
| Op. Income | $633M | $191M | — | 231.3% | — |
| Gross Margin | 69.2% | 56.6% | — | 12.5pp | — |
| Net Margin | 36.7% | 16.8% | — | 20.0pp | — |
| EPS (Diluted) | $1.88 | $0.53 | — | 254.7% | — |
| Free Cash Flow | $384M | $188M | — | 104.1% | — |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $415M |
| GROSS PROFIT | $932M |
| R&D Expenses | $57M |
| Selling & Marketing | $126M |
| General & Administrative | $96M |
| SG&A Expenses | $221M |
| Other Expenses | $21M |
| Operating Expenses | $299M |
| Cost & Expenses | $714M |
| OPERATING INCOME | $633M |
| Interest Income | $300.0K |
| Interest Expense | $25M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $617M |
| Income Tax Expense | $124M |
| Net Income from Continuing Ops | $494M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $495M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $495M |
| D&A | $94M |
| EBIT | $642M |
| EBITDA | $736M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $415M |
| GROSS PROFIT | $932M |
| R&D Expenses | $57M |
| Selling & Marketing | $126M |
| General & Administrative | $96M |
| SG&A Expenses | $221M |
| Other Expenses | $21M |
| Operating Expenses | $299M |
| Cost & Expenses | $714M |
| OPERATING INCOME | $633M |
| Interest Income | $300.0K |
| Interest Expense | $25M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $617M |
| Income Tax Expense | $124M |
| Net Income from Continuing Ops | $494M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $495M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $495M |
| D&A | $94M |
| EBIT | $642M |
| EBITDA | $736M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $495M |
| Depreciation & Amortization | $94M |
| Stock-Based Compensation | $30M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $38M |
| Change in Working Capital | -$215M |
| OPERATING CASH FLOW | $442M |
| Capital Expenditure | -$58M |
| Acquisitions (Net) | -$76M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$138M |
| Net Debt Issuance | $490M |
| Common Stock Repurchased | -$102M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$739M |
| NET CASH FROM FINANCING | -$351M |
| FREE CASH FLOW | $384M |
| Net Change in Cash | -$43M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $701M |
| Short-Term Investments | $0 |
| Net Receivables | $1.0B |
| Inventory | $395M |
| Other Current Assets | $59M |
| TOTAL CURRENT ASSETS | $2.2B |
| PP&E (Net) | $572M |
| Goodwill | $2.7B |
| Intangible Assets | $1.3B |
| Long-Term Investments | $11M |
| Tax Assets | $16M |
| Other Non-Current Assets | $409M |
| TOTAL NON-CURRENT ASSETS | $5.0B |
| TOTAL ASSETS | $7.2B |
| Account Payables | $179M |
| Short-Term Debt | $325M |
| Deferred Revenue | $186M |
| Other Current Liabilities | $263M |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $2.7B |
| Deferred Revenue NC | $13M |
| Deferred Tax Liabilities | $306M |
| Other Non-Current Liabilities | $134M |
| TOTAL NON-CURRENT LIABILITIES | $3.2B |
| TOTAL LIABILITIES | $4.5B |
| Common Stock | $3M |
| Additional Paid-In Capital | $5.9B |
| Retained Earnings | -$1.6B |
| Treasury Stock | -$1.6B |
| Accum. Other Comp. Income | -$50M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.7B |
| Minority Interest | $2M |
| TOTAL EQUITY | $2.7B |
| TOTAL LIABILITIES & EQUITY | $7.2B |
| Total Debt | $3.1B |
| Net Debt | $2.4B |
