| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $964M | $805M | 40.5% | 68.2% |
| Op. Income | $522M | $250M | $145M | 109.1% | 261.0% |
| Gross Margin | 59.2% | 51.4% | 46.0% | 7.8pp | 13.2pp |
| Net Margin | 28.1% | 18.3% | 8.0% | 9.8pp | 20.1pp |
| EPS (Diluted) | $3.38 | $1.57 | $0.58 | 114.8% | 485.1% |
| Free Cash Flow | $462M | $191M | $192M | 141.6% | 140.7% |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $553M |
| GROSS PROFIT | $802M |
| R&D Expenses | $57M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $223M |
| Other Expenses | $0 |
| Operating Expenses | $280M |
| Cost & Expenses | $833M |
| OPERATING INCOME | $522M |
| Interest Income | $348.0K |
| Interest Expense | $12M |
| Other Income/Expenses | -$49M |
| INCOME BEFORE TAX | $473M |
| Income Tax Expense | $93M |
| Net Income from Continuing Ops | $380M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $380M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $380M |
| D&A | $64M |
| EBIT | $485M |
| EBITDA | $549M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $553M |
| GROSS PROFIT | $802M |
| R&D Expenses | $57M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $223M |
| Other Expenses | $0 |
| Operating Expenses | $280M |
| Cost & Expenses | $833M |
| OPERATING INCOME | $522M |
| Interest Income | $348.0K |
| Interest Expense | $12M |
| Other Income/Expenses | -$49M |
| INCOME BEFORE TAX | $473M |
| Income Tax Expense | $93M |
| Net Income from Continuing Ops | $380M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $380M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $380M |
| D&A | $64M |
| EBIT | $485M |
| EBITDA | $549M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $380M |
| Depreciation & Amortization | $64M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $97.0K |
| Change in Working Capital | $28M |
| OPERATING CASH FLOW | $482M |
| Capital Expenditure | -$20M |
| Acquisitions (Net) | -$406M |
| Purchases of Investments | -$11M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $151.0K |
| NET CASH FROM INVESTING | -$436M |
| Net Debt Issuance | $79M |
| Common Stock Repurchased | -$115.0K |
| Common Dividends Paid | -$8M |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | $73M |
| FREE CASH FLOW | $462M |
| Net Change in Cash | $144M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $402M |
| Short-Term Investments | $0 |
| Net Receivables | $1.2B |
| Inventory | $515M |
| Other Current Assets | $167M |
| TOTAL CURRENT ASSETS | $2.2B |
| PP&E (Net) | $576M |
| Goodwill | $3.4B |
| Intangible Assets | $1.4B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $333M |
| TOTAL NON-CURRENT ASSETS | $5.7B |
| TOTAL ASSETS | $8.0B |
| Account Payables | $327M |
| Short-Term Debt | $381M |
| Deferred Revenue | $396M |
| Other Current Liabilities | $47M |
| TOTAL CURRENT LIABILITIES | $1.7B |
| Long-Term Debt | $1.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $775M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2.6B |
| TOTAL LIABILITIES | $4.2B |
| Common Stock | $112M |
| Additional Paid-In Capital | $148M |
| Retained Earnings | $3.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$32M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.7B |
| TOTAL LIABILITIES & EQUITY | $8.0B |
| Total Debt | $2.2B |
| Net Debt | $1.8B |
