| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | — | $1.1B | — | 14.3% |
| Op. Income | $189M | — | $176M | — | 7.8% |
| Gross Margin | 32.4% | — | 34.1% | — | -1.8pp |
| Net Margin | 14.4% | — | 14.3% | — | 0.1pp |
| EPS (Diluted) | $0.11 | — | $0.09 | — | 16.1% |
| Free Cash Flow | $256M | — | $283M | — | -9.4% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $823M |
| GROSS PROFIT | $394M |
| R&D Expenses | $243M |
| Selling & Marketing | $113M |
| General & Administrative | $132M |
| SG&A Expenses | $245M |
| Other Expenses | -$284M |
| Operating Expenses | $205M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $189M |
| Interest Income | $23M |
| Interest Expense | $3M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $187M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $177M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $175M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $175M |
| D&A | $23M |
| EBIT | $160M |
| EBITDA | $182M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $823M |
| GROSS PROFIT | $394M |
| R&D Expenses | $243M |
| Selling & Marketing | $113M |
| General & Administrative | $132M |
| SG&A Expenses | $245M |
| Other Expenses | -$284M |
| Operating Expenses | $205M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $189M |
| Interest Income | $23M |
| Interest Expense | $3M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $187M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $177M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $175M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $175M |
| D&A | $23M |
| EBIT | $160M |
| EBITDA | $182M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $175M |
| Depreciation & Amortization | $120M |
| Stock-Based Compensation | $20M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $123M |
| Change in Working Capital | -$167M |
| OPERATING CASH FLOW | $272M |
| Capital Expenditure | -$16M |
| Acquisitions (Net) | -$79M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $74M |
| NET CASH FROM INVESTING | -$21M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$26M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $29M |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | $256M |
| Net Change in Cash | $217M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.6B |
| Short-Term Investments | $2.2B |
| Net Receivables | $436M |
| Inventory | $3M |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $4.6B |
| PP&E (Net) | $71M |
| Goodwill | $2.6B |
| Intangible Assets | $295M |
| Long-Term Investments | $2.2B |
| Tax Assets | $44M |
| Other Non-Current Assets | $140M |
| TOTAL NON-CURRENT ASSETS | $5.3B |
| TOTAL ASSETS | $10.0B |
| Account Payables | $521M |
| Short-Term Debt | $0 |
| Deferred Revenue | $250M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.4B |
| Long-Term Debt | $756M |
| Deferred Revenue NC | $11M |
| Deferred Tax Liabilities | $39M |
| Other Non-Current Liabilities | $30M |
| TOTAL NON-CURRENT LIABILITIES | $868M |
| TOTAL LIABILITIES | $2.3B |
| Common Stock | $292.1K |
| Additional Paid-In Capital | $5.1B |
| Retained Earnings | $1.6B |
| Treasury Stock | -$20M |
| Accum. Other Comp. Income | $920M |
| Other Equity | -$11M |
| TOTAL STOCKHOLDERS' EQUITY | $7.6B |
| Minority Interest | $71M |
| TOTAL EQUITY | $7.7B |
| TOTAL LIABILITIES & EQUITY | $10.0B |
| Total Debt | $803M |
| Net Debt | -$823M |
