| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $399M | $498M | $308M | -20.0% | 29.4% |
| Op. Income | $33M | $49M | $13M | -32.6% | 160.4% |
| Gross Margin | 29.2% | 24.8% | 28.4% | 4.4pp | 0.8pp |
| Net Margin | 6.4% | 7.0% | 2.2% | -0.6pp | 4.2pp |
| EPS (Diluted) | $1.13 | $1.58 | $0.31 | -28.5% | 264.5% |
| Free Cash Flow | $79M | $238M | -$21M | -66.9% | 483.1% |
| Item | Amount |
|---|---|
| REVENUE | $399M |
| Cost of Revenue | $282M |
| GROSS PROFIT | $116M |
| R&D Expenses | $0 |
| Selling & Marketing | -$125M |
| General & Administrative | $208M |
| SG&A Expenses | $84M |
| Other Expenses | $0 |
| Operating Expenses | $84M |
| Cost & Expenses | $366M |
| OPERATING INCOME | $33M |
| Interest Income | $0 |
| Interest Expense | $785.0K |
| Other Income/Expenses | -$785.0K |
| INCOME BEFORE TAX | $32M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $3M |
| EBIT | $34M |
| EBITDA | $38M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $399M |
| Cost of Revenue | $282M |
| GROSS PROFIT | $116M |
| R&D Expenses | $0 |
| Selling & Marketing | -$125M |
| General & Administrative | $208M |
| SG&A Expenses | $84M |
| Other Expenses | $0 |
| Operating Expenses | $84M |
| Cost & Expenses | $366M |
| OPERATING INCOME | $33M |
| Interest Income | $0 |
| Interest Expense | $785.0K |
| Other Income/Expenses | -$785.0K |
| INCOME BEFORE TAX | $32M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $3M |
| EBIT | $34M |
| EBITDA | $38M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $26M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $288.0K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $51M |
| OPERATING CASH FLOW | $83M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | -$18M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $54.0K |
| NET CASH FROM INVESTING | -$23M |
| Net Debt Issuance | $5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | $8M |
| FREE CASH FLOW | $79M |
| Net Change in Cash | $69M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $155M |
| Short-Term Investments | $0 |
| Net Receivables | $34M |
| Inventory | $298M |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $503M |
| PP&E (Net) | $180M |
| Goodwill | $84M |
| Intangible Assets | $53.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $272M |
| TOTAL ASSETS | $775M |
| Account Payables | $37M |
| Short-Term Debt | $145M |
| Deferred Revenue | $32M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $273M |
| Long-Term Debt | $7M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $47M |
| TOTAL LIABILITIES | $320M |
| Common Stock | $28.0K |
| Additional Paid-In Capital | $280M |
| Retained Earnings | $278M |
| Treasury Stock | -$104M |
| Accum. Other Comp. Income | $829.0K |
| Other Equity | $1 |
| TOTAL STOCKHOLDERS' EQUITY | $455M |
| Minority Interest | $0 |
| TOTAL EQUITY | $455M |
| TOTAL LIABILITIES & EQUITY | $775M |
| Total Debt | $193M |
| Net Debt | $37M |
