| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $860M | $795M | — | 8.2% | — |
| Op. Income | $297M | $242M | — | 22.7% | — |
| Gross Margin | 40.8% | 36.7% | — | 4.1pp | — |
| Net Margin | 29.8% | 22.3% | — | 7.5pp | — |
| EPS (Diluted) | $2.34 | $1.57 | — | 49.0% | — |
| Free Cash Flow | $297M | $204M | — | 45.6% | — |
| Item | Amount |
|---|---|
| REVENUE | $860M |
| Cost of Revenue | $509M |
| GROSS PROFIT | $351M |
| R&D Expenses | $1M |
| Selling & Marketing | $20M |
| General & Administrative | $34M |
| SG&A Expenses | $54M |
| Other Expenses | -$1M |
| Operating Expenses | $54M |
| Cost & Expenses | $563M |
| OPERATING INCOME | $297M |
| Interest Income | $1M |
| Interest Expense | $2M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $293M |
| Income Tax Expense | $37M |
| Net Income from Continuing Ops | $256M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $256M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $256M |
| D&A | $31M |
| EBIT | $298M |
| EBITDA | $329M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $860M |
| Cost of Revenue | $509M |
| GROSS PROFIT | $351M |
| R&D Expenses | $1M |
| Selling & Marketing | $20M |
| General & Administrative | $34M |
| SG&A Expenses | $54M |
| Other Expenses | -$1M |
| Operating Expenses | $54M |
| Cost & Expenses | $563M |
| OPERATING INCOME | $297M |
| Interest Income | $1M |
| Interest Expense | $2M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $293M |
| Income Tax Expense | $37M |
| Net Income from Continuing Ops | $256M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $256M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $256M |
| D&A | $31M |
| EBIT | $298M |
| EBITDA | $329M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $256M |
| Depreciation & Amortization | $27M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $36M |
| OPERATING CASH FLOW | $321M |
| Capital Expenditure | -$24M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$24M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$171M |
| Common Dividends Paid | -$16M |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$188M |
| FREE CASH FLOW | $297M |
| Net Change in Cash | $115M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $535M |
| Short-Term Investments | $0 |
| Net Receivables | $184M |
| Inventory | $259M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $993M |
| PP&E (Net) | $958M |
| Goodwill | $25M |
| Intangible Assets | $56M |
| Long-Term Investments | $11M |
| Tax Assets | $3M |
| Other Non-Current Assets | $42M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $2.1B |
| Account Payables | $125M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $10M |
| TOTAL CURRENT LIABILITIES | $295M |
| Long-Term Debt | $348M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $78M |
| Other Non-Current Liabilities | $88M |
| TOTAL NON-CURRENT LIABILITIES | $547M |
| TOTAL LIABILITIES | $842M |
| Common Stock | $124M |
| Additional Paid-In Capital | $452M |
| Retained Earnings | $1.2B |
| Treasury Stock | -$397M |
| Accum. Other Comp. Income | -$151M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $10M |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $389M |
| Net Debt | -$146M |
