| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | — | $1.6B | — | -8.9% |
| Op. Income | $238M | — | $207M | — | 14.5% |
| Gross Margin | 38.0% | — | 42.7% | — | -4.7pp |
| Net Margin | 7.5% | — | 8.3% | — | -0.8pp |
| EPS (Diluted) | $0.84 | — | $1.02 | — | -17.6% |
| Free Cash Flow | $126M | — | $95M | — | 32.8% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $905M |
| GROSS PROFIT | $554M |
| R&D Expenses | $77M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $316M |
| Other Expenses | -$77M |
| Operating Expenses | $316M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $238M |
| Interest Income | $1M |
| Interest Expense | $22M |
| Other Income/Expenses | -$91M |
| INCOME BEFORE TAX | $147M |
| Income Tax Expense | $38M |
| Net Income from Continuing Ops | $109M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $109M |
| Net Income Deductions | -$2M |
| BOTTOM LINE NET INCOME | $111M |
| D&A | $43M |
| EBIT | $169M |
| EBITDA | $212M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $905M |
| GROSS PROFIT | $554M |
| R&D Expenses | $77M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $316M |
| Other Expenses | -$77M |
| Operating Expenses | $316M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $238M |
| Interest Income | $1M |
| Interest Expense | $22M |
| Other Income/Expenses | -$91M |
| INCOME BEFORE TAX | $147M |
| Income Tax Expense | $38M |
| Net Income from Continuing Ops | $109M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $109M |
| Net Income Deductions | -$2M |
| BOTTOM LINE NET INCOME | $111M |
| D&A | $43M |
| EBIT | $169M |
| EBITDA | $212M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $109M |
| Depreciation & Amortization | $43M |
| Stock-Based Compensation | $908.0K |
| Deferred Income Tax | -$15M |
| Other Non-Cash Items | $10M |
| Change in Working Capital | $20M |
| OPERATING CASH FLOW | $169M |
| Capital Expenditure | -$42M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$12M |
| Sales/Maturities of Investments | $10M |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$46M |
| Net Debt Issuance | -$20M |
| Common Stock Repurchased | -$26M |
| Common Dividends Paid | -$46M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$95M |
| FREE CASH FLOW | $126M |
| Net Change in Cash | $21M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $233M |
| Short-Term Investments | $0 |
| Net Receivables | $1.1B |
| Inventory | $810M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.4B |
| PP&E (Net) | $1.1B |
| Goodwill | $1.3B |
| Intangible Assets | $584M |
| Long-Term Investments | $0 |
| Tax Assets | $31M |
| Other Non-Current Assets | $208M |
| TOTAL NON-CURRENT ASSETS | $3.2B |
| TOTAL ASSETS | $5.6B |
| Account Payables | $535M |
| Short-Term Debt | $81M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $186M |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $2.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $60M |
| Other Non-Current Liabilities | $510M |
| TOTAL NON-CURRENT LIABILITIES | $3.3B |
| TOTAL LIABILITIES | $4.4B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | $1.5B |
| Treasury Stock | -$580M |
| Accum. Other Comp. Income | -$717M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $2M |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $5.6B |
| Total Debt | $2.8B |
| Net Debt | $2.6B |
