| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $309M | $263M | $268M | 17.4% | 15.2% |
| Op. Income | $103M | $52M | $63M | 99.6% | 62.6% |
| Gross Margin | 73.6% | 18.0% | 70.6% | 55.6pp | 3.0pp |
| Net Margin | 27.2% | 16.1% | 19.9% | 11.0pp | 7.2pp |
| EPS (Diluted) | $0.92 | $0.47 | $0.59 | 97.8% | 55.9% |
| Free Cash Flow | $99M | $78M | $87M | 27.3% | 13.7% |
| Item | Amount |
|---|---|
| REVENUE | $309M |
| Cost of Revenue | $82M |
| GROSS PROFIT | $227M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $120M |
| Operating Expenses | $124M |
| Cost & Expenses | $206M |
| OPERATING INCOME | $103M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $103M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $84M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $84M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $84M |
| D&A | $0 |
| EBIT | $105M |
| EBITDA | $105M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $309M |
| Cost of Revenue | $82M |
| GROSS PROFIT | $227M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $120M |
| Operating Expenses | $124M |
| Cost & Expenses | $206M |
| OPERATING INCOME | $103M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $103M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $84M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $84M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $84M |
| D&A | $0 |
| EBIT | $105M |
| EBITDA | $105M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $84M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$94M |
| Change in Working Capital | $102M |
| OPERATING CASH FLOW | $100M |
| Capital Expenditure | -$799.0K |
| Acquisitions (Net) | -$5M |
| Purchases of Investments | -$165M |
| Sales/Maturities of Investments | $114M |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$53M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$56M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$55M |
| FREE CASH FLOW | $99M |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $62M |
| Short-Term Investments | $2.2B |
| Net Receivables | $618M |
| Inventory | $0 |
| Other Current Assets | -$3.0B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $51M |
| Goodwill | $46M |
| Intangible Assets | $8M |
| Long-Term Investments | $2.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$3.0B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $3.9B |
| Account Payables | $42M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$118M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $149M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $80M |
| Other Non-Current Liabilities | -$230M |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $2.8B |
| Common Stock | $681.0K |
| Additional Paid-In Capital | $335M |
| Retained Earnings | $1.1B |
| Treasury Stock | -$401M |
| Accum. Other Comp. Income | $109M |
| Other Equity | $8M |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $3.9B |
| Total Debt | $149M |
| Net Debt | $87M |
