| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $232M | $225M | $222M | 3.1% | 4.2% |
| Op. Income | $78M | $90M | $61M | -13.0% | 29.4% |
| Gross Margin | 95.2% | 93.5% | 87.0% | 1.7pp | 8.2pp |
| Net Margin | 32.0% | 34.7% | 22.1% | -2.7pp | 9.9pp |
| EPS (Diluted) | $0.44 | $0.47 | $0.29 | -6.4% | 51.7% |
| Free Cash Flow | $131M | $127M | $91M | 2.9% | 44.1% |
| Item | Amount |
|---|---|
| REVENUE | $232M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $221M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $95M |
| SG&A Expenses | $98M |
| Other Expenses | $45M |
| Operating Expenses | $142M |
| Cost & Expenses | $153M |
| OPERATING INCOME | $78M |
| Interest Income | $173M |
| Interest Expense | $12M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $78M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $74M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $74M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $74M |
| D&A | $10M |
| EBIT | $78M |
| EBITDA | $89M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $232M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $221M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $95M |
| SG&A Expenses | $98M |
| Other Expenses | $45M |
| Operating Expenses | $142M |
| Cost & Expenses | $153M |
| OPERATING INCOME | $78M |
| Interest Income | $173M |
| Interest Expense | $12M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $78M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $74M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $74M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $74M |
| D&A | $10M |
| EBIT | $78M |
| EBITDA | $89M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $74M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $10M |
| Other Non-Cash Items | $21M |
| Change in Working Capital | $18M |
| OPERATING CASH FLOW | $135M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$944M |
| Sales/Maturities of Investments | $519M |
| Other Investing Activities | $116M |
| NET CASH FROM INVESTING | -$313M |
| Net Debt Issuance | -$103M |
| Common Stock Repurchased | -$49.0K |
| Common Dividends Paid | -$23M |
| Other Financing Activities | $563M |
| NET CASH FROM FINANCING | $437M |
| FREE CASH FLOW | $131M |
| Net Change in Cash | $259M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $590M |
| Short-Term Investments | $6.0B |
| Net Receivables | $85M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $6.6B |
| PP&E (Net) | $541M |
| Goodwill | $1.0B |
| Intangible Assets | $46M |
| Long-Term Investments | $13.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $974M |
| TOTAL NON-CURRENT ASSETS | $16.3B |
| TOTAL ASSETS | $23.0B |
| Account Payables | $0 |
| Short-Term Debt | $432M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $17.0B |
| TOTAL CURRENT LIABILITIES | $17.7B |
| Long-Term Debt | $2.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2.3B |
| TOTAL LIABILITIES | $20.0B |
| Common Stock | $165M |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | $784M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $148M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.0B |
| TOTAL LIABILITIES & EQUITY | $23.0B |
| Total Debt | $2.8B |
| Net Debt | $2.2B |
