| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.0B | $1.1B | 20.4% | 15.2% |
| Op. Income | $296M | $267M | $257M | 10.9% | 15.1% |
| Gross Margin | 52.2% | 52.1% | 52.8% | 0.1pp | -0.6pp |
| Net Margin | 24.5% | 19.2% | 18.1% | 5.3pp | 6.5pp |
| EPS (Diluted) | $1.66 | $1.08 | $1.05 | 54.3% | 57.8% |
| Free Cash Flow | $332M | $185M | $257M | 79.1% | 29.3% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $597M |
| GROSS PROFIT | $653M |
| R&D Expenses | $237M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $120M |
| Other Expenses | $0 |
| Operating Expenses | $356M |
| Cost & Expenses | $954M |
| OPERATING INCOME | $296M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $280M |
| Income Tax Expense | -$27M |
| Net Income from Continuing Ops | $307M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $306M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $306M |
| D&A | $141M |
| EBIT | $279M |
| EBITDA | $419M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $597M |
| GROSS PROFIT | $653M |
| R&D Expenses | $237M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $120M |
| Other Expenses | $0 |
| Operating Expenses | $356M |
| Cost & Expenses | $954M |
| OPERATING INCOME | $296M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $280M |
| Income Tax Expense | -$27M |
| Net Income from Continuing Ops | $307M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $306M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $306M |
| D&A | $141M |
| EBIT | $279M |
| EBITDA | $419M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $306M |
| Depreciation & Amortization | $141M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $7M |
| Change in Working Capital | $21M |
| OPERATING CASH FLOW | $481M |
| Capital Expenditure | -$149M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$137M |
| NET CASH FROM INVESTING | -$285M |
| Net Debt Issuance | $22M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $36.2K |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $22M |
| FREE CASH FLOW | $332M |
| Net Change in Cash | $215M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.9B |
| Short-Term Investments | $55M |
| Net Receivables | $488M |
| Inventory | $659M |
| Other Current Assets | $92M |
| TOTAL CURRENT ASSETS | $3.3B |
| PP&E (Net) | $1.8B |
| Goodwill | $1.1B |
| Intangible Assets | $1.4B |
| Long-Term Investments | $1.2B |
| Tax Assets | $136M |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $5.7B |
| TOTAL ASSETS | $9.0B |
| Account Payables | $1.0B |
| Short-Term Debt | $1.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $120M |
| TOTAL CURRENT LIABILITIES | $2.5B |
| Long-Term Debt | $2.6B |
| Deferred Revenue NC | $387M |
| Deferred Tax Liabilities | $138M |
| Other Non-Current Liabilities | $739M |
| TOTAL NON-CURRENT LIABILITIES | $3.9B |
| TOTAL LIABILITIES | $6.4B |
| Common Stock | $4M |
| Additional Paid-In Capital | $8.3B |
| Retained Earnings | -$6.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $944M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.6B |
| Minority Interest | $6M |
| TOTAL EQUITY | $2.6B |
| TOTAL LIABILITIES & EQUITY | $9.0B |
| Total Debt | $3.9B |
| Net Debt | $1.9B |
