| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $554M | $495M | $556M | 12.0% | -0.2% |
| Op. Income | $224M | $208M | $227M | 7.6% | -1.5% |
| Gross Margin | 55.5% | 57.1% | 57.7% | -1.6pp | -2.3pp |
| Net Margin | 20.9% | 14.4% | 4.0% | 6.5pp | 16.9pp |
| EPS (Diluted) | $2.44 | $1.53 | $0.46 | 59.5% | 430.4% |
| Free Cash Flow | $381M | $253M | $341M | 50.8% | 11.8% |
| Item | Amount |
|---|---|
| REVENUE | $554M |
| Cost of Revenue | $247M |
| GROSS PROFIT | $308M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $84M |
| Operating Expenses | $84M |
| Cost & Expenses | $330M |
| OPERATING INCOME | $224M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $10M |
| INCOME BEFORE TAX | $234M |
| Income Tax Expense | $38M |
| Net Income from Continuing Ops | $196M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $116M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $116M |
| D&A | $97M |
| EBIT | $109M |
| EBITDA | $206M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $554M |
| Cost of Revenue | $247M |
| GROSS PROFIT | $308M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $84M |
| Operating Expenses | $84M |
| Cost & Expenses | $330M |
| OPERATING INCOME | $224M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $10M |
| INCOME BEFORE TAX | $234M |
| Income Tax Expense | $38M |
| Net Income from Continuing Ops | $196M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $116M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $116M |
| D&A | $97M |
| EBIT | $109M |
| EBITDA | $206M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $116M |
| Depreciation & Amortization | $97M |
| Stock-Based Compensation | $37M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $60M |
| Change in Working Capital | $74M |
| OPERATING CASH FLOW | $383M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$44M |
| NET CASH FROM INVESTING | -$46M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$205M |
| Common Dividends Paid | -$500.0K |
| Other Financing Activities | -$29M |
| NET CASH FROM FINANCING | -$234M |
| FREE CASH FLOW | $381M |
| Net Change in Cash | $110M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.0B |
| Short-Term Investments | $75M |
| Net Receivables | $422M |
| Inventory | $0 |
| Other Current Assets | $13M |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $80M |
| Goodwill | $2.7B |
| Intangible Assets | $1.0B |
| Long-Term Investments | $2.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $218M |
| TOTAL NON-CURRENT ASSETS | $6.3B |
| TOTAL ASSETS | $7.9B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $402M |
| Long-Term Debt | $2.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.2B |
| TOTAL NON-CURRENT LIABILITIES | $3.5B |
| TOTAL LIABILITIES | $3.9B |
| Common Stock | $600.0K |
| Additional Paid-In Capital | $729M |
| Retained Earnings | $4.0B |
| Treasury Stock | -$1.9B |
| Accum. Other Comp. Income | -$98M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.8B |
| Minority Interest | $1.2B |
| TOTAL EQUITY | $4.0B |
| TOTAL LIABILITIES & EQUITY | $7.9B |
| Total Debt | $2.3B |
| Net Debt | $1.3B |
