| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.6B | $1.8B | $1.7B | -11.6% | -7.0% |
| Op. Income | $96M | $127M | $109M | -24.7% | -12.1% |
| Gross Margin | 15.4% | 15.7% | 17.1% | -0.4pp | -1.7pp |
| Net Margin | 4.4% | 5.6% | 4.5% | -1.2pp | -0.1pp |
| EPS (Diluted) | $1.01 | $1.46 | $1.10 | -30.8% | -8.2% |
| Free Cash Flow | $345M | $249M | -$191M | 38.6% | 280.3% |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $243M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $145M |
| Other Expenses | $1M |
| Operating Expenses | $147M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $96M |
| Interest Income | $600.0K |
| Interest Expense | $12M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $83M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $70M |
| Net Income from Discontinued Ops | $0 |
| NET INCOME | $70M |
| BOTTOM LINE NET INCOME | $70M |
| D&A | $27M |
| EBIT | $95M |
| EBITDA | $122M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $243M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $145M |
| Other Expenses | $1M |
| Operating Expenses | $147M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $96M |
| Interest Income | $600.0K |
| Interest Expense | $12M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $83M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $70M |
| Net Income from Discontinued Ops | $0 |
| NET INCOME | $70M |
| BOTTOM LINE NET INCOME | $70M |
| D&A | $27M |
| EBIT | $95M |
| EBITDA | $122M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $70M |
| Depreciation & Amortization | $27M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $200.0K |
| Other Non-Cash Items | $6M |
| Change in Working Capital | $259M |
| OPERATING CASH FLOW | $368M |
| Capital Expenditure | -$24M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $200.0K |
| NET CASH FROM INVESTING | -$23M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | -$8M |
| Common Dividends Paid | -$23M |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | -$32M |
| FREE CASH FLOW | $345M |
| Net Change in Cash | $316M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $899M |
| Short-Term Investments | $0 |
| Net Receivables | $1.2B |
| Inventory | $1.5B |
| Other Current Assets | $117M |
| TOTAL CURRENT ASSETS | $3.7B |
| PP&E (Net) | $555M |
| Goodwill | $1.0B |
| Intangible Assets | $417M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $276M |
| TOTAL NON-CURRENT ASSETS | $2.3B |
| TOTAL ASSETS | $6.0B |
| Account Payables | $532M |
| Short-Term Debt | $0 |
| Deferred Revenue | $685M |
| Other Current Liabilities | $323M |
| TOTAL CURRENT LIABILITIES | $1.7B |
| Long-Term Debt | $818M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $554M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $3.1B |
| Common Stock | $700.0K |
| Additional Paid-In Capital | $791M |
| Retained Earnings | $2.8B |
| Treasury Stock | -$488M |
| Accum. Other Comp. Income | -$166M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.9B |
| TOTAL LIABILITIES & EQUITY | $6.0B |
| Total Debt | $818M |
| Net Debt | -$81M |
