| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.6B | $2.7B | $3.5B | 33.9% | 4.4% |
| Op. Income | $548M | $388M | $453M | 41.2% | 21.0% |
| Gross Margin | 34.3% | 36.3% | 32.4% | -2.0pp | 2.0pp |
| Net Margin | 8.9% | 7.0% | 6.1% | 1.9pp | 2.8pp |
| EPS (Diluted) | $0.00 | $0.00 | $0.00 | NaN% | NaN% |
| Free Cash Flow | $476M | $453M | $238M | 5.1% | 100.0% |
| Item | Amount |
|---|---|
| REVENUE | $3.6B |
| Cost of Revenue | $2.4B |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $5M |
| Selling & Marketing | $208M |
| General & Administrative | $916M |
| SG&A Expenses | $585M |
| Other Expenses | $0 |
| Operating Expenses | $740M |
| Cost & Expenses | $3.1B |
| OPERATING INCOME | $548M |
| Interest Income | $0 |
| Interest Expense | $192M |
| Other Income/Expenses | -$83M |
| INCOME BEFORE TAX | $445M |
| Income Tax Expense | $105M |
| Net Income from Continuing Ops | $340M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $323M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $323M |
| D&A | $87M |
| EBIT | $548M |
| EBITDA | $635M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $3.6B |
| Cost of Revenue | $2.4B |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $5M |
| Selling & Marketing | $208M |
| General & Administrative | $916M |
| SG&A Expenses | $585M |
| Other Expenses | $0 |
| Operating Expenses | $740M |
| Cost & Expenses | $3.1B |
| OPERATING INCOME | $548M |
| Interest Income | $0 |
| Interest Expense | $192M |
| Other Income/Expenses | -$83M |
| INCOME BEFORE TAX | $445M |
| Income Tax Expense | $105M |
| Net Income from Continuing Ops | $340M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $323M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $323M |
| D&A | $87M |
| EBIT | $548M |
| EBITDA | $635M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $323M |
| Depreciation & Amortization | $87M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | -$26M |
| Other Non-Cash Items | $181M |
| Change in Working Capital | -$48M |
| OPERATING CASH FLOW | $554M |
| Capital Expenditure | -$78M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$20M |
| NET CASH FROM INVESTING | -$98M |
| Net Debt Issuance | -$6M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$339M |
| Other Financing Activities | -$18M |
| NET CASH FROM FINANCING | -$363M |
| FREE CASH FLOW | $476M |
| Net Change in Cash | $108M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $682M |
| Short-Term Investments | $0 |
| Net Receivables | $1.5B |
| Inventory | $1.1B |
| Other Current Assets | $104M |
| TOTAL CURRENT ASSETS | $3.7B |
| PP&E (Net) | $1.4B |
| Goodwill | $6.0B |
| Intangible Assets | $3.5B |
| Long-Term Investments | $10M |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.9B |
| TOTAL NON-CURRENT ASSETS | $12.9B |
| TOTAL ASSETS | $16.6B |
| Account Payables | $1.1B |
| Short-Term Debt | $392M |
| Deferred Revenue | $711M |
| Other Current Liabilities | $773M |
| TOTAL CURRENT LIABILITIES | $2.8B |
| Long-Term Debt | $4.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $837M |
| TOTAL NON-CURRENT LIABILITIES | $5.6B |
| TOTAL LIABILITIES | $8.4B |
| Common Stock | $0 |
| Additional Paid-In Capital | $10.7B |
| Retained Earnings | -$2.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$17M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8.0B |
| Minority Interest | $133M |
| TOTAL EQUITY | $8.1B |
| TOTAL LIABILITIES & EQUITY | $16.6B |
| Total Debt | $5.1B |
| Net Debt | $4.5B |
