| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $300M | $292M | $310M | 2.7% | -3.0% |
| Op. Income | $156M | $138M | $136M | 12.7% | 14.8% |
| Gross Margin | 85.8% | 82.6% | 77.1% | 3.2pp | 8.7pp |
| Net Margin | 40.2% | 37.4% | 32.6% | 2.8pp | 7.6pp |
| EPS (Diluted) | $0.93 | $0.84 | $0.78 | 10.7% | 19.2% |
| Free Cash Flow | $149M | $131M | $72M | 13.8% | 105.8% |
| Item | Amount |
|---|---|
| REVENUE | $300M |
| Cost of Revenue | $43M |
| GROSS PROFIT | $258M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $57M |
| SG&A Expenses | $59M |
| Other Expenses | $43M |
| Operating Expenses | $101M |
| Cost & Expenses | $144M |
| OPERATING INCOME | $156M |
| Interest Income | $273M |
| Interest Expense | $36M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $156M |
| Income Tax Expense | $36M |
| Net Income from Continuing Ops | $121M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $121M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $121M |
| D&A | $11M |
| EBIT | $156M |
| EBITDA | $167M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $300M |
| Cost of Revenue | $43M |
| GROSS PROFIT | $258M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $57M |
| SG&A Expenses | $59M |
| Other Expenses | $43M |
| Operating Expenses | $101M |
| Cost & Expenses | $144M |
| OPERATING INCOME | $156M |
| Interest Income | $273M |
| Interest Expense | $36M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $156M |
| Income Tax Expense | $36M |
| Net Income from Continuing Ops | $121M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $121M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $121M |
| D&A | $11M |
| EBIT | $156M |
| EBITDA | $167M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $121M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $25M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | $157M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | -$32M |
| Purchases of Investments | -$366M |
| Sales/Maturities of Investments | $353M |
| Other Investing Activities | $139M |
| NET CASH FROM INVESTING | $85M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$36M |
| Other Financing Activities | $256M |
| NET CASH FROM FINANCING | $217M |
| FREE CASH FLOW | $149M |
| Net Change in Cash | $460M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.4B |
| Short-Term Investments | $3.4B |
| Net Receivables | $88M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $5.9B |
| PP&E (Net) | $739M |
| Goodwill | $661M |
| Intangible Assets | $15M |
| Long-Term Investments | $18.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $948M |
| TOTAL NON-CURRENT ASSETS | $21.3B |
| TOTAL ASSETS | $27.2B |
| Account Payables | $252M |
| Short-Term Debt | $8M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $21.5B |
| TOTAL CURRENT LIABILITIES | $21.7B |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $81M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $22.9B |
| Common Stock | $1M |
| Additional Paid-In Capital | $2.3B |
| Retained Earnings | $1.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $58M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.3B |
| Minority Interest | $3M |
| TOTAL EQUITY | $4.3B |
| TOTAL LIABILITIES & EQUITY | $27.2B |
| Total Debt | $1.1B |
| Net Debt | -$1.3B |
