| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $442M | $473M | — | -6.7% | — |
| Op. Income | $132M | $108M | — | 22.5% | — |
| Gross Margin | 71.3% | 54.6% | — | 16.7pp | — |
| Net Margin | 24.7% | 19.4% | — | 5.2pp | — |
| EPS (Diluted) | $0.99 | $0.83 | — | 18.4% | — |
| Free Cash Flow | $670M | $898M | — | -25.4% | — |
| Item | Amount |
|---|---|
| REVENUE | $442M |
| Cost of Revenue | $127M |
| GROSS PROFIT | $315M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $149M |
| SG&A Expenses | $149M |
| Other Expenses | $34M |
| Operating Expenses | $182M |
| Cost & Expenses | $309M |
| OPERATING INCOME | $132M |
| Interest Income | $288M |
| Interest Expense | $30M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $132M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $110M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$1M |
| NET INCOME | $109M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $109M |
| D&A | $21M |
| EBIT | $132M |
| EBITDA | $154M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $442M |
| Cost of Revenue | $127M |
| GROSS PROFIT | $315M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $149M |
| SG&A Expenses | $149M |
| Other Expenses | $34M |
| Operating Expenses | $182M |
| Cost & Expenses | $309M |
| OPERATING INCOME | $132M |
| Interest Income | $288M |
| Interest Expense | $30M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $132M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $110M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$1M |
| NET INCOME | $109M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $109M |
| D&A | $21M |
| EBIT | $132M |
| EBITDA | $154M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $109M |
| Depreciation & Amortization | $21M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$33M |
| Other Non-Cash Items | -$71M |
| Change in Working Capital | $661M |
| OPERATING CASH FLOW | $687M |
| Capital Expenditure | -$17M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$98M |
| NET CASH FROM INVESTING | -$101M |
| Net Debt Issuance | -$238M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $19M |
| NET CASH FROM FINANCING | -$220M |
| FREE CASH FLOW | $670M |
| Net Change in Cash | $352M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5.3B |
| Short-Term Investments | $5.7B |
| Net Receivables | $910M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $11.8B |
| PP&E (Net) | $245M |
| Goodwill | $125M |
| Intangible Assets | $177M |
| Long-Term Investments | $12.6B |
| Tax Assets | $102M |
| Other Non-Current Assets | $526M |
| TOTAL NON-CURRENT ASSETS | $13.7B |
| TOTAL ASSETS | $25.6B |
| Account Payables | $68M |
| Short-Term Debt | $421M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $13.1B |
| TOTAL CURRENT LIABILITIES | $13.6B |
| Long-Term Debt | $2.3B |
| Deferred Revenue NC | $160M |
| Deferred Tax Liabilities | $3.2K |
| Other Non-Current Liabilities | $6.8B |
| TOTAL NON-CURRENT LIABILITIES | $9.4B |
| TOTAL LIABILITIES | $23.0B |
| Common Stock | $301M |
| Additional Paid-In Capital | $154M |
| Retained Earnings | $377M |
| Treasury Stock | -$801.9K |
| Accum. Other Comp. Income | $1.7B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.6B |
| Minority Interest | $13M |
| TOTAL EQUITY | $2.6B |
| TOTAL LIABILITIES & EQUITY | $25.6B |
| Total Debt | $2.8B |
| Net Debt | -$2.4B |
