| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | -$239M | $1.3B | $546M | -118.3% | -143.8% |
| Op. Income | $617M | $728M | $203M | -15.3% | 203.5% |
| Gross Margin | 157.0% | 70.1% | 81.9% | 86.9pp | 75.2pp |
| Net Margin | -189.3% | 40.9% | 27.9% | -230.2pp | -217.2pp |
| EPS (Diluted) | $5.97 | $7.03 | $1.88 | -15.1% | 217.6% |
| Free Cash Flow | -$2.3B | -$4.3B | -$467M | 46.7% | -390.1% |
| Item | Amount |
|---|---|
| REVENUE | -$239M |
| Cost of Revenue | $136M |
| GROSS PROFIT | -$376M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $245M |
| SG&A Expenses | $245M |
| Other Expenses | -$1.2B |
| Operating Expenses | -$993M |
| Cost & Expenses | -$856M |
| OPERATING INCOME | $617M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $617M |
| Income Tax Expense | $164M |
| Net Income from Continuing Ops | $453M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $453M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $453M |
| D&A | $12M |
| EBIT | $617M |
| EBITDA | $629M |
| EPS | $6 |
| EPS Diluted | $6 |
| Item | Amount |
|---|---|
| Net Income | $453M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $19M |
| Deferred Income Tax | $168M |
| Other Non-Cash Items | -$2.7B |
| Change in Working Capital | -$201M |
| OPERATING CASH FLOW | -$2.3B |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | -$28M |
| Other Investing Activities | -$98M |
| NET CASH FROM INVESTING | -$142M |
| Net Debt Issuance | $127M |
| Common Stock Repurchased | -$89M |
| Common Dividends Paid | -$11M |
| Other Financing Activities | $2.4B |
| NET CASH FROM FINANCING | $2.4B |
| FREE CASH FLOW | -$2.3B |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $533M |
| Short-Term Investments | $15M |
| Net Receivables | $26.4B |
| Inventory | $0 |
| Other Current Assets | $270M |
| TOTAL CURRENT ASSETS | $27.8B |
| PP&E (Net) | $107M |
| Goodwill | $0 |
| Intangible Assets | $2.7B |
| Long-Term Investments | $1M |
| Tax Assets | $0 |
| Other Non-Current Assets | $992M |
| TOTAL NON-CURRENT ASSETS | $3.8B |
| TOTAL ASSETS | $31.6B |
| Account Payables | $580M |
| Short-Term Debt | $9.7B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $10.9B |
| Long-Term Debt | $17.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $75M |
| TOTAL NON-CURRENT LIABILITIES | $17.3B |
| TOTAL LIABILITIES | $28.2B |
| Common Stock | $7.0K |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | $2.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.4B |
| TOTAL LIABILITIES & EQUITY | $31.6B |
| Total Debt | $26.9B |
| Net Debt | $26.4B |
