| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $278M | $328M | $295M | -15.4% | -5.9% |
| Op. Income | $12M | $19M | -$33M | -35.8% | 136.6% |
| Gross Margin | 43.9% | 41.3% | 30.6% | 2.6pp | 13.3pp |
| Net Margin | 32.4% | 1.5% | -15.7% | 30.9pp | 48.1pp |
| EPS (Diluted) | $2.57 | $0.14 | $-1.35 | 1735.7% | 290.4% |
| Free Cash Flow | $49M | $45M | $37M | 9.2% | 30.7% |
| Item | Amount |
|---|---|
| REVENUE | $278M |
| Cost of Revenue | $156M |
| GROSS PROFIT | $122M |
| R&D Expenses | $65M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $36M |
| Other Expenses | $8M |
| Operating Expenses | $110M |
| Cost & Expenses | $265M |
| OPERATING INCOME | $12M |
| Interest Income | $8M |
| Interest Expense | $13M |
| Other Income/Expenses | $101M |
| INCOME BEFORE TAX | $113M |
| Income Tax Expense | $21M |
| Net Income from Continuing Ops | $92M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$2M |
| NET INCOME | $90M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $90M |
| D&A | $16M |
| EBIT | $106M |
| EBITDA | $121M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $278M |
| Cost of Revenue | $156M |
| GROSS PROFIT | $122M |
| R&D Expenses | $65M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $36M |
| Other Expenses | $8M |
| Operating Expenses | $110M |
| Cost & Expenses | $265M |
| OPERATING INCOME | $12M |
| Interest Income | $8M |
| Interest Expense | $13M |
| Other Income/Expenses | $101M |
| INCOME BEFORE TAX | $113M |
| Income Tax Expense | $21M |
| Net Income from Continuing Ops | $92M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$2M |
| NET INCOME | $90M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $90M |
| D&A | $16M |
| EBIT | $106M |
| EBITDA | $121M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $90M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | -$98M |
| Change in Working Capital | $31M |
| OPERATING CASH FLOW | $54M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $139M |
| NET CASH FROM INVESTING | $134M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$100.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $99M |
| NET CASH FROM FINANCING | $104M |
| FREE CASH FLOW | $49M |
| Net Change in Cash | $291M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $763M |
| Short-Term Investments | $0 |
| Net Receivables | $195M |
| Inventory | $102M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $84M |
| Goodwill | $361M |
| Intangible Assets | $93M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $78M |
| TOTAL NON-CURRENT ASSETS | $616M |
| TOTAL ASSETS | $1.7B |
| Account Payables | $61M |
| Short-Term Debt | $0 |
| Deferred Revenue | $29M |
| Other Current Liabilities | $63M |
| TOTAL CURRENT LIABILITIES | $244M |
| Long-Term Debt | $587M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $29M |
| TOTAL NON-CURRENT LIABILITIES | $631M |
| TOTAL LIABILITIES | $875M |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | $701M |
| Treasury Stock | -$1.2B |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $819M |
| Minority Interest | $0 |
| TOTAL EQUITY | $819M |
| TOTAL LIABILITIES & EQUITY | $1.7B |
| Total Debt | $601M |
| Net Debt | -$162M |
