| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.6B | $1.5B | $1.5B | 6.1% | 2.8% |
| Op. Income | $163M | $153M | $170M | 6.5% | -4.1% |
| Gross Margin | 22.1% | 21.7% | 20.9% | 0.4pp | 1.2pp |
| Net Margin | 7.2% | 6.1% | 7.0% | 1.1pp | 0.2pp |
| EPS (Diluted) | $1.70 | $1.36 | $1.61 | 25.0% | 5.6% |
| Free Cash Flow | $177M | $193M | $93M | -8.3% | 90.3% |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $352M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $189M |
| Operating Expenses | $189M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $163M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$20M |
| INCOME BEFORE TAX | $143M |
| Income Tax Expense | $27M |
| Net Income from Continuing Ops | $116M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $115M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $115M |
| D&A | $55M |
| EBIT | $152M |
| EBITDA | $207M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $352M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $189M |
| Operating Expenses | $189M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $163M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$20M |
| INCOME BEFORE TAX | $143M |
| Income Tax Expense | $27M |
| Net Income from Continuing Ops | $116M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $115M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $115M |
| D&A | $55M |
| EBIT | $152M |
| EBITDA | $207M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $115M |
| Depreciation & Amortization | $52M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $101M |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | $267M |
| Capital Expenditure | -$90M |
| Acquisitions (Net) | -$28M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $7M |
| NET CASH FROM INVESTING | -$111M |
| Net Debt Issuance | -$15M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$38M |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | -$59M |
| FREE CASH FLOW | $177M |
| Net Change in Cash | $112M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $665M |
| Short-Term Investments | $0 |
| Net Receivables | $1.0B |
| Inventory | $917M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.6B |
| PP&E (Net) | $2.5B |
| Goodwill | $902M |
| Intangible Assets | $444M |
| Long-Term Investments | $0 |
| Tax Assets | $23M |
| Other Non-Current Assets | $387M |
| TOTAL NON-CURRENT ASSETS | $4.2B |
| TOTAL ASSETS | $6.9B |
| Account Payables | $599M |
| Short-Term Debt | $438M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $96M |
| TOTAL CURRENT LIABILITIES | $1.5B |
| Long-Term Debt | $1.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $217M |
| Other Non-Current Liabilities | $227M |
| TOTAL NON-CURRENT LIABILITIES | $2.3B |
| TOTAL LIABILITIES | $3.8B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $4.0B |
| Treasury Stock | -$1.0B |
| Accum. Other Comp. Income | -$1.1B |
| Other Equity | $30M |
| TOTAL STOCKHOLDERS' EQUITY | $3.0B |
| Minority Interest | $91M |
| TOTAL EQUITY | $3.1B |
| TOTAL LIABILITIES & EQUITY | $6.9B |
| Total Debt | $2.4B |
| Net Debt | $1.7B |
