| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $366M | $429M | $325M | -14.6% | 12.6% |
| Op. Income | $18M | $26M | $14M | -31.9% | 23.6% |
| Gross Margin | 24.1% | 24.2% | 25.0% | -0.1pp | -0.9pp |
| Net Margin | 3.6% | 4.6% | 4.6% | -0.9pp | -1.0pp |
| EPS (Diluted) | $0.50 | $0.73 | $0.56 | -31.5% | -10.7% |
| Free Cash Flow | $754.0K | -$23M | $34M | 103.3% | -97.8% |
| Item | Amount |
|---|---|
| REVENUE | $366M |
| Cost of Revenue | $278M |
| GROSS PROFIT | $88M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $70M |
| Operating Expenses | $70M |
| Cost & Expenses | $349M |
| OPERATING INCOME | $18M |
| Interest Income | $0 |
| Interest Expense | $676.0K |
| Other Income/Expenses | -$232.0K |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $4M |
| EBIT | $18M |
| EBITDA | $22M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $366M |
| Cost of Revenue | $278M |
| GROSS PROFIT | $88M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $70M |
| Operating Expenses | $70M |
| Cost & Expenses | $349M |
| OPERATING INCOME | $18M |
| Interest Income | $0 |
| Interest Expense | $676.0K |
| Other Income/Expenses | -$232.0K |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $4M |
| EBIT | $18M |
| EBITDA | $22M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $13M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $274.0K |
| Change in Working Capital | -$17M |
| OPERATING CASH FLOW | $554.0K |
| Capital Expenditure | $200.0K |
| Acquisitions (Net) | -$796.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $301.0K |
| NET CASH FROM INVESTING | -$295.0K |
| Net Debt Issuance | $27M |
| Common Stock Repurchased | -$733.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $26M |
| FREE CASH FLOW | $754.0K |
| Net Change in Cash | $27M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $86M |
| Short-Term Investments | $0 |
| Net Receivables | $482M |
| Inventory | $50M |
| Other Current Assets | $23M |
| TOTAL CURRENT ASSETS | $650M |
| PP&E (Net) | $30M |
| Goodwill | $118M |
| Intangible Assets | $34M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $76M |
| TOTAL NON-CURRENT ASSETS | $259M |
| TOTAL ASSETS | $909M |
| Account Payables | $83M |
| Short-Term Debt | $194M |
| Deferred Revenue | $55M |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $387M |
| Long-Term Debt | $6M |
| Deferred Revenue NC | $17M |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $36M |
| TOTAL LIABILITIES | $423M |
| Common Stock | $144.0K |
| Additional Paid-In Capital | $145M |
| Retained Earnings | $410M |
| Treasury Stock | -$68M |
| Accum. Other Comp. Income | -$991.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $486M |
| Minority Interest | $0 |
| TOTAL EQUITY | $486M |
| TOTAL LIABILITIES & EQUITY | $909M |
| Total Debt | $213M |
| Net Debt | $127M |
