| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $950M | $788M | 12.1% | 35.1% |
| Op. Income | $176M | $174M | -$142M | 1.2% | 223.9% |
| Gross Margin | 34.1% | 34.0% | 34.0% | 0.1pp | 0.1pp |
| Net Margin | 14.3% | 15.8% | -16.2% | -1.5pp | 30.5pp |
| EPS (Diluted) | $0.09 | $0.09 | $-0.08 | 0.0% | 210.7% |
| Free Cash Flow | $283M | $197M | $263M | 43.3% | 7.7% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $702M |
| GROSS PROFIT | $363M |
| R&D Expenses | $169M |
| Selling & Marketing | $98M |
| General & Administrative | $109M |
| SG&A Expenses | $207M |
| Other Expenses | -$189M |
| Operating Expenses | $188M |
| Cost & Expenses | $890M |
| OPERATING INCOME | $176M |
| Interest Income | $25M |
| Interest Expense | $1M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $173M |
| Income Tax Expense | $21M |
| Net Income from Continuing Ops | $152M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $152M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $152M |
| D&A | $20M |
| EBIT | $162M |
| EBITDA | $182M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $702M |
| GROSS PROFIT | $363M |
| R&D Expenses | $169M |
| Selling & Marketing | $98M |
| General & Administrative | $109M |
| SG&A Expenses | $207M |
| Other Expenses | -$189M |
| Operating Expenses | $188M |
| Cost & Expenses | $890M |
| OPERATING INCOME | $176M |
| Interest Income | $25M |
| Interest Expense | $1M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $173M |
| Income Tax Expense | $21M |
| Net Income from Continuing Ops | $152M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $152M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $152M |
| D&A | $20M |
| EBIT | $162M |
| EBITDA | $182M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $152M |
| Depreciation & Amortization | $85M |
| Stock-Based Compensation | $20M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $876.3K |
| Change in Working Capital | $39M |
| OPERATING CASH FLOW | $297M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | -$7M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$939M |
| NET CASH FROM INVESTING | -$960M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | -$11M |
| FREE CASH FLOW | $283M |
| Net Change in Cash | -$673M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $323M |
| Short-Term Investments | $148M |
| Net Receivables | $46M |
| Inventory | $545.1K |
| Other Current Assets | $47M |
| TOTAL CURRENT ASSETS | $564M |
| PP&E (Net) | $7M |
| Goodwill | $359M |
| Intangible Assets | $34M |
| Long-Term Investments | $119M |
| Tax Assets | $4M |
| Other Non-Current Assets | $17M |
| TOTAL NON-CURRENT ASSETS | $540M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $54M |
| Short-Term Debt | $1M |
| Deferred Revenue | $36M |
| Other Current Liabilities | $79M |
| TOTAL CURRENT LIABILITIES | $178M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $1M |
| Deferred Tax Liabilities | $6M |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $11M |
| TOTAL LIABILITIES | $189M |
| Common Stock | $41.9K |
| Additional Paid-In Capital | $722M |
| Retained Earnings | $147M |
| Treasury Stock | -$650.0K |
| Accum. Other Comp. Income | $46M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $914M |
| Minority Interest | $2M |
| TOTAL EQUITY | $916M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $3M |
| Net Debt | -$320M |
