| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $660M | $590M | $500M | 11.9% | 32.1% |
| Op. Income | $147M | $116M | $66M | 26.0% | 122.1% |
| Gross Margin | 45.7% | 44.4% | 43.3% | 1.3pp | 2.4pp |
| Net Margin | 17.5% | 15.5% | 8.6% | 2.0pp | 9.0pp |
| EPS (Diluted) | $2.08 | $1.66 | $0.77 | 25.3% | 170.1% |
| Free Cash Flow | $122M | $123M | $58M | -0.7% | 110.3% |
| Item | Amount |
|---|---|
| REVENUE | $660M |
| Cost of Revenue | $359M |
| GROSS PROFIT | $302M |
| R&D Expenses | $45M |
| Selling & Marketing | $6M |
| General & Administrative | $87M |
| SG&A Expenses | $93M |
| Other Expenses | $17M |
| Operating Expenses | $155M |
| Cost & Expenses | $514M |
| OPERATING INCOME | $147M |
| Interest Income | $300.0K |
| Interest Expense | $6M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $141M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $116M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $116M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $116M |
| D&A | $23M |
| EBIT | $147M |
| EBITDA | $170M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $660M |
| Cost of Revenue | $359M |
| GROSS PROFIT | $302M |
| R&D Expenses | $45M |
| Selling & Marketing | $6M |
| General & Administrative | $87M |
| SG&A Expenses | $93M |
| Other Expenses | $17M |
| Operating Expenses | $155M |
| Cost & Expenses | $514M |
| OPERATING INCOME | $147M |
| Interest Income | $300.0K |
| Interest Expense | $6M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $141M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $116M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $116M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $116M |
| D&A | $23M |
| EBIT | $147M |
| EBITDA | $170M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $116M |
| Depreciation & Amortization | $23M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$6M |
| Other Non-Cash Items | $6M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $147M |
| Capital Expenditure | -$25M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$164M |
| Sales/Maturities of Investments | $159M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$30M |
| Net Debt Issuance | $100.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$11M |
| Other Financing Activities | $5M |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | $122M |
| Net Change in Cash | $115M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $608M |
| Short-Term Investments | $228M |
| Net Receivables | $393M |
| Inventory | $501M |
| Other Current Assets | $74M |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $469M |
| Goodwill | $1.1B |
| Intangible Assets | $512M |
| Long-Term Investments | $7M |
| Tax Assets | $0 |
| Other Non-Current Assets | $46M |
| TOTAL NON-CURRENT ASSETS | $2.1B |
| TOTAL ASSETS | $3.9B |
| Account Payables | $111M |
| Short-Term Debt | $15M |
| Deferred Revenue | $31M |
| Other Current Liabilities | $184M |
| TOTAL CURRENT LIABILITIES | $374M |
| Long-Term Debt | $815M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $59M |
| Other Non-Current Liabilities | $107M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $1.5B |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $873M |
| Retained Earnings | $1.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $300.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.4B |
| TOTAL LIABILITIES & EQUITY | $3.9B |
| Total Debt | $1.0B |
| Net Debt | $424M |
