| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $260M | $230M | $230M | 12.7% | 13.0% |
| Op. Income | $55M | $46M | $36M | 18.5% | 52.2% |
| Gross Margin | 31.9% | 32.2% | 27.3% | -0.3pp | 4.6pp |
| Net Margin | 19.6% | 18.0% | 13.0% | 1.6pp | 6.6pp |
| EPS (Diluted) | $1.34 | $1.09 | $0.79 | 22.9% | 69.6% |
| Free Cash Flow | $98M | $51M | $51M | 91.2% | 90.9% |
| Item | Amount |
|---|---|
| REVENUE | $260M |
| Cost of Revenue | $177M |
| GROSS PROFIT | $83M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $22M |
| Other Expenses | $5M |
| Operating Expenses | $28M |
| Cost & Expenses | $205M |
| OPERATING INCOME | $55M |
| Interest Income | $0 |
| Interest Expense | $29.0K |
| Other Income/Expenses | -$286.0K |
| INCOME BEFORE TAX | $55M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $51M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $51M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $51M |
| D&A | $5M |
| EBIT | $55M |
| EBITDA | $60M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $260M |
| Cost of Revenue | $177M |
| GROSS PROFIT | $83M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $22M |
| Other Expenses | $5M |
| Operating Expenses | $28M |
| Cost & Expenses | $205M |
| OPERATING INCOME | $55M |
| Interest Income | $0 |
| Interest Expense | $29.0K |
| Other Income/Expenses | -$286.0K |
| INCOME BEFORE TAX | $55M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $51M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $51M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $51M |
| D&A | $5M |
| EBIT | $55M |
| EBITDA | $60M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $51M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$6M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $49M |
| OPERATING CASH FLOW | $105M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $52.0K |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$47M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $7M |
| NET CASH FROM FINANCING | -$40M |
| FREE CASH FLOW | $98M |
| Net Change in Cash | $59M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $278M |
| Short-Term Investments | $0 |
| Net Receivables | $161M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $474M |
| PP&E (Net) | $199M |
| Goodwill | $662M |
| Intangible Assets | $46M |
| Long-Term Investments | $0 |
| Tax Assets | $536.0K |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $917M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $27M |
| Short-Term Debt | $0 |
| Deferred Revenue | $256M |
| Other Current Liabilities | $64M |
| TOTAL CURRENT LIABILITIES | $440M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $14M |
| Other Non-Current Liabilities | $16M |
| TOTAL NON-CURRENT LIABILITIES | $145M |
| TOTAL LIABILITIES | $585M |
| Common Stock | $355.0K |
| Additional Paid-In Capital | $696M |
| Retained Earnings | $115M |
| Treasury Stock | -$6M |
| Accum. Other Comp. Income | -$131.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $806M |
| Minority Interest | $0 |
| TOTAL EQUITY | $806M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $115M |
| Net Debt | -$163M |
