| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $651M | $640M | — | 1.8% | — |
| Op. Income | $213M | $200M | — | 6.2% | — |
| Gross Margin | 73.4% | 73.5% | — | -0.1pp | — |
| Net Margin | 21.6% | 22.1% | — | -0.5pp | — |
| EPS (Diluted) | $0.48 | $0.47 | — | 2.1% | — |
| Free Cash Flow | $260M | $236M | — | 10.3% | — |
| Item | Amount |
|---|---|
| REVENUE | $651M |
| Cost of Revenue | $173M |
| GROSS PROFIT | $478M |
| R&D Expenses | $45M |
| Selling & Marketing | $135M |
| General & Administrative | $75M |
| SG&A Expenses | $209M |
| Other Expenses | $11M |
| Operating Expenses | $266M |
| Cost & Expenses | $439M |
| OPERATING INCOME | $213M |
| Interest Income | $0 |
| Interest Expense | $43M |
| Other Income/Expenses | -$47M |
| INCOME BEFORE TAX | $166M |
| Income Tax Expense | $26M |
| Net Income from Continuing Ops | $140M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $141M |
| Net Income Deductions | $176.0K |
| BOTTOM LINE NET INCOME | $140M |
| D&A | $11M |
| EBIT | $209M |
| EBITDA | $220M |
| EPS | $1 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $651M |
| Cost of Revenue | $173M |
| GROSS PROFIT | $478M |
| R&D Expenses | $45M |
| Selling & Marketing | $135M |
| General & Administrative | $75M |
| SG&A Expenses | $209M |
| Other Expenses | $11M |
| Operating Expenses | $266M |
| Cost & Expenses | $439M |
| OPERATING INCOME | $213M |
| Interest Income | $0 |
| Interest Expense | $43M |
| Other Income/Expenses | -$47M |
| INCOME BEFORE TAX | $166M |
| Income Tax Expense | $26M |
| Net Income from Continuing Ops | $140M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $141M |
| Net Income Deductions | $176.0K |
| BOTTOM LINE NET INCOME | $140M |
| D&A | $11M |
| EBIT | $209M |
| EBITDA | $220M |
| EPS | $1 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $140M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $22M |
| Deferred Income Tax | $12M |
| Other Non-Cash Items | $14M |
| Change in Working Capital | $71M |
| OPERATING CASH FLOW | $270M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $3.0K |
| NET CASH FROM INVESTING | -$10M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $76M |
| NET CASH FROM FINANCING | $76M |
| FREE CASH FLOW | $260M |
| Net Change in Cash | $340M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $739M |
| Short-Term Investments | $0 |
| Net Receivables | $137M |
| Inventory | $0 |
| Other Current Assets | $72M |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $108M |
| Goodwill | $1.3B |
| Intangible Assets | $231M |
| Long-Term Investments | $0 |
| Tax Assets | $293M |
| Other Non-Current Assets | $124M |
| TOTAL NON-CURRENT ASSETS | $2.0B |
| TOTAL ASSETS | $3.0B |
| Account Payables | $29M |
| Short-Term Debt | $0 |
| Deferred Revenue | $239M |
| Other Current Liabilities | $118M |
| TOTAL CURRENT LIABILITIES | $500M |
| Long-Term Debt | $3.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $17M |
| Other Non-Current Liabilities | $101M |
| TOTAL NON-CURRENT LIABILITIES | $4.0B |
| TOTAL LIABILITIES | $4.5B |
| Common Stock | $267.0K |
| Additional Paid-In Capital | $7.1B |
| Retained Earnings | -$8.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$81M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$1.4B |
| Minority Interest | $2M |
| TOTAL EQUITY | -$1.4B |
| TOTAL LIABILITIES & EQUITY | $3.0B |
| Total Debt | $3.8B |
| Net Debt | $3.1B |
