| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $171M | $164M | $130M | 4.5% | 32.0% |
| Op. Income | $92M | $88M | $61M | 4.4% | 50.7% |
| Gross Margin | 78.5% | 79.8% | 78.8% | -1.3pp | -0.3pp |
| Net Margin | 42.6% | 41.3% | 38.7% | 1.2pp | 3.8pp |
| EPS (Diluted) | $1.91 | $1.78 | $1.32 | 7.3% | 44.7% |
| Free Cash Flow | $216M | -$60M | $77M | 458.8% | 180.7% |
| Item | Amount |
|---|---|
| REVENUE | $171M |
| Cost of Revenue | $37M |
| GROSS PROFIT | $135M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $43M |
| Operating Expenses | $43M |
| Cost & Expenses | $80M |
| OPERATING INCOME | $92M |
| Interest Income | $119.0K |
| Interest Expense | $96.0K |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $90M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $73M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $73M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $73M |
| D&A | $12M |
| EBIT | $90M |
| EBITDA | $103M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $171M |
| Cost of Revenue | $37M |
| GROSS PROFIT | $135M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $43M |
| Operating Expenses | $43M |
| Cost & Expenses | $80M |
| OPERATING INCOME | $92M |
| Interest Income | $119.0K |
| Interest Expense | $96.0K |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $90M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $73M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $73M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $73M |
| D&A | $12M |
| EBIT | $90M |
| EBITDA | $103M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $73M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | $136M |
| OPERATING CASH FLOW | $228M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | -$23M |
| Purchases of Investments | $33M |
| Sales/Maturities of Investments | -$171M |
| Other Investing Activities | $138M |
| NET CASH FROM INVESTING | -$34M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$682.0K |
| Common Dividends Paid | -$22M |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | -$28M |
| FREE CASH FLOW | $216M |
| Net Change in Cash | $171M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $461M |
| Short-Term Investments | $18M |
| Net Receivables | $359M |
| Inventory | $0 |
| Other Current Assets | $21M |
| TOTAL CURRENT ASSETS | $889M |
| PP&E (Net) | $161M |
| Goodwill | $147M |
| Intangible Assets | $95M |
| Long-Term Investments | $10M |
| Tax Assets | $0 |
| Other Non-Current Assets | $29M |
| TOTAL NON-CURRENT ASSETS | $443M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $44M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$62M |
| TOTAL CURRENT LIABILITIES | $220M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $62M |
| TOTAL NON-CURRENT LIABILITIES | $156M |
| TOTAL LIABILITIES | $376M |
| Common Stock | $123.0K |
| Additional Paid-In Capital | $330M |
| Retained Earnings | $799M |
| Treasury Stock | -$170M |
| Accum. Other Comp. Income | -$5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $955M |
| Minority Interest | $0 |
| TOTAL EQUITY | $955M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $94M |
| Net Debt | -$367M |
