| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.6B | $1.4B | $1.5B | 8.9% | 4.9% |
| Op. Income | $275M | $273M | $299M | 0.7% | -8.1% |
| Gross Margin | 42.4% | 41.3% | 42.4% | 1.1pp | -0.0pp |
| Net Margin | 12.9% | 14.4% | 14.4% | -1.5pp | -1.5pp |
| EPS (Diluted) | $0.74 | $0.76 | $0.80 | -2.6% | -7.5% |
| Free Cash Flow | $335M | $213M | $386M | 57.5% | -13.1% |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $897M |
| GROSS PROFIT | $661M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $371M |
| Other Expenses | $15M |
| Operating Expenses | $386M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $275M |
| Interest Income | $8M |
| Interest Expense | $32M |
| Other Income/Expenses | -$17M |
| INCOME BEFORE TAX | $258M |
| Income Tax Expense | $58M |
| Net Income from Continuing Ops | $201M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $201M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $201M |
| D&A | $41M |
| EBIT | $280M |
| EBITDA | $321M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $897M |
| GROSS PROFIT | $661M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $371M |
| Other Expenses | $15M |
| Operating Expenses | $386M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $275M |
| Interest Income | $8M |
| Interest Expense | $32M |
| Other Income/Expenses | -$17M |
| INCOME BEFORE TAX | $258M |
| Income Tax Expense | $58M |
| Net Income from Continuing Ops | $201M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $201M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $201M |
| D&A | $41M |
| EBIT | $280M |
| EBITDA | $321M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $201M |
| Depreciation & Amortization | $41M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$13M |
| Change in Working Capital | $178M |
| OPERATING CASH FLOW | $415M |
| Capital Expenditure | -$80M |
| Acquisitions (Net) | -$803M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $400.0K |
| NET CASH FROM INVESTING | -$882M |
| Net Debt Issuance | $737M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$83M |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | $654M |
| FREE CASH FLOW | $335M |
| Net Change in Cash | $203M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $424M |
| Short-Term Investments | $0 |
| Net Receivables | $529M |
| Inventory | $1.0B |
| Other Current Assets | $61M |
| TOTAL CURRENT ASSETS | $2.1B |
| PP&E (Net) | $1.0B |
| Goodwill | $5.0B |
| Intangible Assets | $3.2B |
| Long-Term Investments | $752M |
| Tax Assets | -$176M |
| Other Non-Current Assets | $176M |
| TOTAL NON-CURRENT ASSETS | $10.0B |
| TOTAL ASSETS | $12.1B |
| Account Payables | $1.0B |
| Short-Term Debt | $1.2B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $603M |
| TOTAL CURRENT LIABILITIES | $3.0B |
| Long-Term Debt | $3.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $727M |
| Other Non-Current Liabilities | $519M |
| TOTAL NON-CURRENT LIABILITIES | $5.1B |
| TOTAL LIABILITIES | $8.1B |
| Common Stock | $2.0B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $2.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$471M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.9B |
| Minority Interest | $14M |
| TOTAL EQUITY | $3.9B |
| TOTAL LIABILITIES & EQUITY | $12.1B |
| Total Debt | $4.9B |
| Net Debt | $4.5B |
