| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.3B | $1.3B | 2.0% | 7.2% |
| Op. Income | $121M | $152M | $157M | -20.7% | -23.1% |
| Gross Margin | 24.4% | 21.4% | 22.8% | 3.0pp | 1.6pp |
| Net Margin | 7.1% | 9.1% | 9.8% | -2.0pp | -2.6pp |
| EPS (Diluted) | $1.46 | $1.83 | $1.85 | -20.2% | -21.1% |
| Free Cash Flow | $190M | -$19M | $138M | 1081.9% | 37.7% |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $334M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $147M |
| SG&A Expenses | $147M |
| Other Expenses | $66M |
| Operating Expenses | $214M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $121M |
| Interest Income | $77M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $121M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $98M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $98M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $97M |
| D&A | $14M |
| EBIT | $132M |
| EBITDA | $146M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $334M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $147M |
| SG&A Expenses | $147M |
| Other Expenses | $66M |
| Operating Expenses | $214M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $121M |
| Interest Income | $77M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $121M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $98M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $98M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $97M |
| D&A | $14M |
| EBIT | $132M |
| EBITDA | $146M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $98M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $24M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$85M |
| Change in Working Capital | $146M |
| OPERATING CASH FLOW | $197M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$281M |
| NET CASH FROM INVESTING | -$288M |
| Net Debt Issuance | $1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$20M |
| Other Financing Activities | -$37M |
| NET CASH FROM FINANCING | -$55M |
| FREE CASH FLOW | $190M |
| Net Change in Cash | -$146M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $206M |
| Short-Term Investments | $875M |
| Net Receivables | $1.4B |
| Inventory | $0 |
| Other Current Assets | -$2.5B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $1.1B |
| Intangible Assets | $320M |
| Long-Term Investments | $9.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$11.1B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $14.3B |
| Account Payables | $0 |
| Short-Term Debt | $449M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$1.2B |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $724M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $286M |
| Other Non-Current Liabilities | -$1.0B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $9.8B |
| Common Stock | $7M |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | $2.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $681M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.6B |
| TOTAL LIABILITIES & EQUITY | $14.3B |
| Total Debt | $1.2B |
| Net Debt | $967M |
