| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $798M | $777M | $729M | 2.8% | 9.5% |
| Op. Income | $159M | $85M | $101M | 86.5% | 57.0% |
| Gross Margin | 21.6% | 12.5% | 15.3% | 9.1pp | 6.4pp |
| Net Margin | 15.9% | 9.0% | 11.2% | 6.9pp | 4.7pp |
| EPS (Diluted) | $2.10 | $1.16 | $1.36 | 81.0% | 54.4% |
| Free Cash Flow | $169M | $178M | $155M | -5.2% | 9.2% |
| Item | Amount |
|---|---|
| REVENUE | $798M |
| Cost of Revenue | $626M |
| GROSS PROFIT | $173M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $8M |
| Operating Expenses | $14M |
| Cost & Expenses | $639M |
| OPERATING INCOME | $159M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $159M |
| Income Tax Expense | $32M |
| Net Income from Continuing Ops | $127M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $127M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $127M |
| D&A | $15M |
| EBIT | $167M |
| EBITDA | $181M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $798M |
| Cost of Revenue | $626M |
| GROSS PROFIT | $173M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $8M |
| Operating Expenses | $14M |
| Cost & Expenses | $639M |
| OPERATING INCOME | $159M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $159M |
| Income Tax Expense | $32M |
| Net Income from Continuing Ops | $127M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $127M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $127M |
| D&A | $15M |
| EBIT | $167M |
| EBITDA | $181M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $127M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$35M |
| Change in Working Capital | $61M |
| OPERATING CASH FLOW | $173M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.8B |
| Sales/Maturities of Investments | $1.6B |
| Other Investing Activities | -$5M |
| NET CASH FROM INVESTING | -$190M |
| Net Debt Issuance | -$167M |
| Common Stock Repurchased | -$14.0K |
| Common Dividends Paid | -$15M |
| Other Financing Activities | $198M |
| NET CASH FROM FINANCING | $16M |
| FREE CASH FLOW | $169M |
| Net Change in Cash | -$664.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $394.0K |
| Short-Term Investments | $6.9B |
| Net Receivables | $1.5B |
| Inventory | $0 |
| Other Current Assets | -$8.5B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $78M |
| Goodwill | $8M |
| Intangible Assets | $0 |
| Long-Term Investments | $7.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$7.3B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $9.7B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$129M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $550M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $27M |
| Other Non-Current Liabilities | -$578M |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $6.9B |
| Common Stock | $208M |
| Additional Paid-In Capital | $439M |
| Retained Earnings | $2.3B |
| Treasury Stock | -$600M |
| Accum. Other Comp. Income | $220M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.7B |
| TOTAL LIABILITIES & EQUITY | $9.7B |
| Total Debt | $551M |
| Net Debt | $550M |
