| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $905M | $938M | $1.3B | -3.5% | -30.4% |
| Op. Income | $234M | $259M | $219M | -9.7% | 6.8% |
| Gross Margin | 56.9% | 53.2% | 36.7% | 3.7pp | 20.2pp |
| Net Margin | 20.4% | 22.1% | 13.2% | -1.6pp | 7.2pp |
| EPS (Diluted) | $0.99 | $1.07 | $0.78 | -7.5% | 26.9% |
| Free Cash Flow | $171M | $221M | $188M | -22.6% | -9.0% |
| Item | Amount |
|---|---|
| REVENUE | $905M |
| Cost of Revenue | $390M |
| GROSS PROFIT | $515M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $135M |
| SG&A Expenses | $135M |
| Other Expenses | $146M |
| Operating Expenses | $281M |
| Cost & Expenses | $671M |
| OPERATING INCOME | $234M |
| Interest Income | $731M |
| Interest Expense | $388M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $234M |
| Income Tax Expense | $49M |
| Net Income from Continuing Ops | $185M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $185M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $185M |
| D&A | $0 |
| EBIT | $234M |
| EBITDA | $234M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $905M |
| Cost of Revenue | $390M |
| GROSS PROFIT | $515M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $135M |
| SG&A Expenses | $135M |
| Other Expenses | $146M |
| Operating Expenses | $281M |
| Cost & Expenses | $671M |
| OPERATING INCOME | $234M |
| Interest Income | $731M |
| Interest Expense | $388M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $234M |
| Income Tax Expense | $49M |
| Net Income from Continuing Ops | $185M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $185M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $185M |
| D&A | $0 |
| EBIT | $234M |
| EBITDA | $234M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $185M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$22M |
| Other Non-Cash Items | -$58M |
| Change in Working Capital | $41M |
| OPERATING CASH FLOW | $171M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1.5B |
| NET CASH FROM INVESTING | $1.5B |
| Net Debt Issuance | -$2.4B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$30M |
| Other Financing Activities | $49M |
| NET CASH FROM FINANCING | -$2.4B |
| FREE CASH FLOW | $171M |
| Net Change in Cash | -$677M |
