| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $296M | $300M | $305M | -1.1% | -2.8% |
| Op. Income | $134M | $137M | $119M | -2.3% | 13.0% |
| Gross Margin | 85.4% | 80.2% | 74.1% | 5.2pp | 11.3pp |
| Net Margin | 37.4% | 36.9% | 31.5% | 0.5pp | 5.9pp |
| EPS (Diluted) | $1.42 | $1.42 | $1.26 | 0.0% | 12.7% |
| Free Cash Flow | $118M | $105M | $112M | 12.2% | 5.2% |
| Item | Amount |
|---|---|
| REVENUE | $296M |
| Cost of Revenue | $43M |
| GROSS PROFIT | $253M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $114M |
| SG&A Expenses | $117M |
| Other Expenses | $3M |
| Operating Expenses | $119M |
| Cost & Expenses | $163M |
| OPERATING INCOME | $134M |
| Interest Income | $257M |
| Interest Expense | $36M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $134M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $111M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $111M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $107M |
| D&A | $13M |
| EBIT | $134M |
| EBITDA | $147M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $296M |
| Cost of Revenue | $43M |
| GROSS PROFIT | $253M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $114M |
| SG&A Expenses | $117M |
| Other Expenses | $3M |
| Operating Expenses | $119M |
| Cost & Expenses | $163M |
| OPERATING INCOME | $134M |
| Interest Income | $257M |
| Interest Expense | $36M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $134M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $111M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $111M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $107M |
| D&A | $13M |
| EBIT | $134M |
| EBITDA | $147M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $111M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$27M |
| Other Non-Cash Items | -$24M |
| Change in Working Capital | $48M |
| OPERATING CASH FLOW | $126M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$243M |
| Sales/Maturities of Investments | $120M |
| Other Investing Activities | -$23M |
| NET CASH FROM INVESTING | -$155M |
| Net Debt Issuance | -$200M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$12M |
| Other Financing Activities | $1.2B |
| NET CASH FROM FINANCING | $947M |
| FREE CASH FLOW | $118M |
| Net Change in Cash | $918M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.7B |
| Short-Term Investments | $3.6B |
| Net Receivables | $104M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $7.4B |
| PP&E (Net) | $290M |
| Goodwill | $1.8B |
| Intangible Assets | $42M |
| Long-Term Investments | $23.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.8B |
| TOTAL NON-CURRENT ASSETS | $27.5B |
| TOTAL ASSETS | $34.9B |
| Account Payables | $25M |
| Short-Term Debt | $128M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $27.7B |
| TOTAL CURRENT LIABILITIES | $27.9B |
| Long-Term Debt | $1.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $411M |
| TOTAL NON-CURRENT LIABILITIES | $2.2B |
| TOTAL LIABILITIES | $30.0B |
| Common Stock | $76M |
| Additional Paid-In Capital | $3.0B |
| Retained Earnings | $1.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $176M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.9B |
| TOTAL LIABILITIES & EQUITY | $34.9B |
| Total Debt | $1.9B |
| Net Debt | -$1.8B |
