| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.1B | $3.6B | $3.8B | 11.7% | 7.5% |
| Op. Income | $169M | $285M | $308M | -40.7% | -45.2% |
| Gross Margin | 8.9% | 14.9% | 15.6% | -6.0pp | -6.7pp |
| Net Margin | 3.2% | 5.8% | 6.2% | -2.6pp | -3.0pp |
| EPS (Diluted) | $1.93 | $3.12 | $3.68 | -38.1% | -47.6% |
| Free Cash Flow | $532M | $194M | $534M | 174.2% | -0.3% |
| Item | Amount |
|---|---|
| REVENUE | $4.1B |
| Cost of Revenue | $3.7B |
| GROSS PROFIT | $363M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $194M |
| Operating Expenses | $194M |
| Cost & Expenses | $3.9B |
| OPERATING INCOME | $169M |
| Interest Income | $0 |
| Interest Expense | $44M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $169M |
| Income Tax Expense | $37M |
| Net Income from Continuing Ops | $132M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $132M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $132M |
| D&A | $16M |
| EBIT | $213M |
| EBITDA | $229M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $4.1B |
| Cost of Revenue | $3.7B |
| GROSS PROFIT | $363M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $194M |
| Operating Expenses | $194M |
| Cost & Expenses | $3.9B |
| OPERATING INCOME | $169M |
| Interest Income | $0 |
| Interest Expense | $44M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $169M |
| Income Tax Expense | $37M |
| Net Income from Continuing Ops | $132M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $132M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $132M |
| D&A | $16M |
| EBIT | $213M |
| EBITDA | $229M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $132M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$255M |
| Change in Working Capital | $650M |
| OPERATING CASH FLOW | $543M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2.3B |
| Sales/Maturities of Investments | $1.8B |
| Other Investing Activities | $75M |
| NET CASH FROM INVESTING | -$466M |
| Net Debt Issuance | -$27M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$48M |
| Other Financing Activities | $96M |
| NET CASH FROM FINANCING | $20M |
| FREE CASH FLOW | $532M |
| Net Change in Cash | $152M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.4B |
| Short-Term Investments | $0 |
| Net Receivables | $2.8B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $6.3B |
| PP&E (Net) | $291M |
| Goodwill | $7M |
| Intangible Assets | $18M |
| Long-Term Investments | $72.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $5.7B |
| TOTAL NON-CURRENT ASSETS | $78.4B |
| TOTAL ASSETS | $84.7B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $4.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3.3B |
| Other Non-Current Liabilities | $63.1B |
| TOTAL NON-CURRENT LIABILITIES | $70.3B |
| TOTAL LIABILITIES | $70.3B |
| Common Stock | $1M |
| Additional Paid-In Capital | $2.4B |
| Retained Earnings | $8.1B |
| Treasury Stock | -$1.6B |
| Accum. Other Comp. Income | $5.4B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $14.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $14.4B |
| TOTAL LIABILITIES & EQUITY | $84.7B |
| Total Debt | $4.0B |
| Net Debt | $553M |
