| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $538M | $360M | $549M | 49.6% | -2.0% |
| Op. Income | $36M | $19M | $40M | 92.6% | -9.7% |
| Gross Margin | 39.5% | 45.4% | 39.8% | -5.9pp | -0.3pp |
| Net Margin | 3.7% | 2.0% | 4.6% | 1.7pp | -0.9pp |
| EPS (Diluted) | $0.60 | $0.22 | $0.78 | 172.7% | -23.1% |
| Free Cash Flow | $113M | -$40M | $142M | 383.5% | -20.2% |
| Item | Amount |
|---|---|
| REVENUE | $538M |
| Cost of Revenue | $326M |
| GROSS PROFIT | $213M |
| R&D Expenses | $0 |
| Selling & Marketing | $195M |
| General & Administrative | -$29M |
| SG&A Expenses | $167M |
| Other Expenses | $113.0K |
| Operating Expenses | $177M |
| Cost & Expenses | $502M |
| OPERATING INCOME | $36M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $10M |
| EBIT | $36M |
| EBITDA | $46M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $538M |
| Cost of Revenue | $326M |
| GROSS PROFIT | $213M |
| R&D Expenses | $0 |
| Selling & Marketing | $195M |
| General & Administrative | -$29M |
| SG&A Expenses | $167M |
| Other Expenses | $113.0K |
| Operating Expenses | $177M |
| Cost & Expenses | $502M |
| OPERATING INCOME | $36M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $10M |
| EBIT | $36M |
| EBITDA | $46M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $20M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$19M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $102M |
| OPERATING CASH FLOW | $118M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | -$133M |
| Common Stock Repurchased | -$45.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$482.0K |
| NET CASH FROM FINANCING | -$134M |
| FREE CASH FLOW | $113M |
| Net Change in Cash | -$22M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $34M |
| Short-Term Investments | $0 |
| Net Receivables | $38M |
| Inventory | $382M |
| Other Current Assets | $12M |
| TOTAL CURRENT ASSETS | $496M |
| PP&E (Net) | $181M |
| Goodwill | $107M |
| Intangible Assets | $257M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $550M |
| TOTAL ASSETS | $1.0B |
| Account Payables | $134M |
| Short-Term Debt | $19M |
| Deferred Revenue | $44M |
| Other Current Liabilities | $63M |
| TOTAL CURRENT LIABILITIES | $315M |
| Long-Term Debt | $271M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $47M |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $361M |
| TOTAL LIABILITIES | $676M |
| Common Stock | $326.0K |
| Additional Paid-In Capital | $369M |
| Retained Earnings | $11M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$11M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $370M |
| Minority Interest | $0 |
| TOTAL EQUITY | $370M |
| TOTAL LIABILITIES & EQUITY | $1.0B |
| Total Debt | $333M |
| Net Debt | $299M |
