| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $823M | $774M | $768M | 6.3% | 7.1% |
| Op. Income | $158M | $142M | $141M | 10.8% | 12.0% |
| Gross Margin | 44.2% | 42.8% | 43.6% | 1.4pp | 0.7pp |
| Net Margin | 15.0% | 13.6% | 14.2% | 1.4pp | 0.8pp |
| EPS (Diluted) | $1.44 | $1.23 | $1.27 | 17.1% | 13.4% |
| Free Cash Flow | $138M | $76M | $102M | 82.4% | 35.1% |
| Item | Amount |
|---|---|
| REVENUE | $823M |
| Cost of Revenue | $459M |
| GROSS PROFIT | $364M |
| R&D Expenses | $17M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $189M |
| Other Expenses | $6.0K |
| Operating Expenses | $206M |
| Cost & Expenses | $665M |
| OPERATING INCOME | $158M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $148M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $123M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $123M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $123M |
| D&A | $51M |
| EBIT | $158M |
| EBITDA | $209M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $823M |
| Cost of Revenue | $459M |
| GROSS PROFIT | $364M |
| R&D Expenses | $17M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $189M |
| Other Expenses | $6.0K |
| Operating Expenses | $206M |
| Cost & Expenses | $665M |
| OPERATING INCOME | $158M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $148M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $123M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $123M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $123M |
| D&A | $51M |
| EBIT | $158M |
| EBITDA | $209M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $123M |
| Depreciation & Amortization | $51M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $11M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $7M |
| OPERATING CASH FLOW | $199M |
| Capital Expenditure | -$61M |
| Acquisitions (Net) | -$3M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | -$60M |
| Net Debt Issuance | $22M |
| Common Stock Repurchased | -$11M |
| Common Dividends Paid | -$31M |
| Other Financing Activities | $11M |
| NET CASH FROM FINANCING | -$9M |
| FREE CASH FLOW | $138M |
| Net Change in Cash | $120M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $320M |
| Short-Term Investments | $0 |
| Net Receivables | $586M |
| Inventory | $264M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $1.2B |
| Goodwill | $2.4B |
| Intangible Assets | $565M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $52M |
| TOTAL NON-CURRENT ASSETS | $4.2B |
| TOTAL ASSETS | $5.4B |
| Account Payables | $149M |
| Short-Term Debt | $0 |
| Deferred Revenue | $53M |
| Other Current Liabilities | $244M |
| TOTAL CURRENT LIABILITIES | $504M |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $164M |
| Other Non-Current Liabilities | $90M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $2.0B |
| Common Stock | $2.0B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$235M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.4B |
| Minority Interest | $13M |
| TOTAL EQUITY | $3.4B |
| TOTAL LIABILITIES & EQUITY | $5.4B |
| Total Debt | $1.3B |
| Net Debt | $965M |
