| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.0B | $1.1B | 20.7% | 8.9% |
| Op. Income | $278M | $182M | $208M | 52.7% | 33.7% |
| Gross Margin | 62.0% | 59.9% | 59.4% | 2.0pp | 2.6pp |
| Net Margin | 17.8% | 17.4% | 17.4% | 0.4pp | 0.4pp |
| EPS (Diluted) | $1.15 | $0.93 | $1.02 | 23.7% | 12.7% |
| Free Cash Flow | $308M | $151M | $233M | 104.0% | 32.2% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $464M |
| GROSS PROFIT | $756M |
| R&D Expenses | $193M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $287M |
| Other Expenses | -$2M |
| Operating Expenses | $478M |
| Cost & Expenses | $942M |
| OPERATING INCOME | $278M |
| Interest Income | $0 |
| Interest Expense | $19M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $266M |
| Income Tax Expense | $49M |
| Net Income from Continuing Ops | $217M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $217M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $217M |
| D&A | $87M |
| EBIT | $285M |
| EBITDA | $372M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $464M |
| GROSS PROFIT | $756M |
| R&D Expenses | $193M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $287M |
| Other Expenses | -$2M |
| Operating Expenses | $478M |
| Cost & Expenses | $942M |
| OPERATING INCOME | $278M |
| Interest Income | $0 |
| Interest Expense | $19M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $266M |
| Income Tax Expense | $49M |
| Net Income from Continuing Ops | $217M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $217M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $217M |
| D&A | $87M |
| EBIT | $285M |
| EBITDA | $372M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $217M |
| Depreciation & Amortization | $87M |
| Stock-Based Compensation | $20M |
| Deferred Income Tax | $34M |
| Other Non-Cash Items | $8M |
| Change in Working Capital | -$28M |
| OPERATING CASH FLOW | $338M |
| Capital Expenditure | -$30M |
| Acquisitions (Net) | -$33M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$63M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$215M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$215M |
| FREE CASH FLOW | $308M |
| Net Change in Cash | $64M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.8B |
| Short-Term Investments | $0 |
| Net Receivables | $606M |
| Inventory | $757M |
| Other Current Assets | $255M |
| TOTAL CURRENT ASSETS | $3.4B |
| PP&E (Net) | $777M |
| Goodwill | $1.5B |
| Intangible Assets | $361M |
| Long-Term Investments | $61M |
| Tax Assets | $740M |
| Other Non-Current Assets | $368M |
| TOTAL NON-CURRENT ASSETS | $3.8B |
| TOTAL ASSETS | $7.2B |
| Account Payables | $224M |
| Short-Term Debt | $0 |
| Deferred Revenue | $391M |
| Other Current Liabilities | $289M |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $1.8B |
| Deferred Revenue NC | $175M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $727M |
| TOTAL NON-CURRENT LIABILITIES | $2.8B |
| TOTAL LIABILITIES | $3.9B |
| Common Stock | $2M |
| Additional Paid-In Capital | $2.1B |
| Retained Earnings | $2.5B |
| Treasury Stock | -$752M |
| Accum. Other Comp. Income | -$599M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.3B |
| TOTAL LIABILITIES & EQUITY | $7.2B |
| Total Debt | $2.0B |
| Net Debt | $225M |
