| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $830M | $792M | $824M | 4.7% | 0.7% |
| Op. Income | $122M | $102M | $88M | 19.5% | 38.2% |
| Gross Margin | 56.5% | 55.5% | 55.8% | 1.0pp | 0.6pp |
| Net Margin | 21.7% | 10.7% | 33.9% | 11.0pp | -12.2pp |
| EPS (Diluted) | $0.71 | $0.34 | $1.11 | 108.8% | -36.0% |
| Free Cash Flow | $177M | $165M | $108M | 7.0% | 63.8% |
| Item | Amount |
|---|---|
| REVENUE | $830M |
| Cost of Revenue | $361M |
| GROSS PROFIT | $469M |
| R&D Expenses | $126M |
| Selling & Marketing | $120M |
| General & Administrative | $80M |
| SG&A Expenses | $200M |
| Other Expenses | $21M |
| Operating Expenses | $347M |
| Cost & Expenses | $708M |
| OPERATING INCOME | $122M |
| Interest Income | $0 |
| Interest Expense | $18M |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $128M |
| Income Tax Expense | -$52M |
| Net Income from Continuing Ops | $181M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $180M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $180M |
| D&A | $48M |
| EBIT | $146M |
| EBITDA | $194M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $830M |
| Cost of Revenue | $361M |
| GROSS PROFIT | $469M |
| R&D Expenses | $126M |
| Selling & Marketing | $120M |
| General & Administrative | $80M |
| SG&A Expenses | $200M |
| Other Expenses | $21M |
| Operating Expenses | $347M |
| Cost & Expenses | $708M |
| OPERATING INCOME | $122M |
| Interest Income | $0 |
| Interest Expense | $18M |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $128M |
| Income Tax Expense | -$52M |
| Net Income from Continuing Ops | $181M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $180M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $180M |
| D&A | $48M |
| EBIT | $146M |
| EBITDA | $194M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $181M |
| Depreciation & Amortization | $48M |
| Stock-Based Compensation | $26M |
| Deferred Income Tax | -$65M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $188M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | -$3M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $27M |
| NET CASH FROM INVESTING | $12M |
| Net Debt Issuance | -$133M |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | -$157M |
| FREE CASH FLOW | $177M |
| Net Change in Cash | $54M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $238M |
| Short-Term Investments | $0 |
| Net Receivables | $621M |
| Inventory | $302M |
| Other Current Assets | $122M |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $381M |
| Goodwill | $3.9B |
| Intangible Assets | $580M |
| Long-Term Investments | $0 |
| Tax Assets | $510M |
| Other Non-Current Assets | $248M |
| TOTAL NON-CURRENT ASSETS | $5.6B |
| TOTAL ASSETS | $6.9B |
| Account Payables | $143M |
| Short-Term Debt | $256M |
| Deferred Revenue | $561M |
| Other Current Liabilities | $352M |
| TOTAL CURRENT LIABILITIES | $1.3B |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $53M |
| Deferred Tax Liabilities | $300M |
| Other Non-Current Liabilities | $213M |
| TOTAL NON-CURRENT LIABILITIES | $2.0B |
| TOTAL LIABILITIES | $3.3B |
| Common Stock | $300.0K |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | $1.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$99M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.6B |
| Minority Interest | $2M |
| TOTAL EQUITY | $3.6B |
| TOTAL LIABILITIES & EQUITY | $6.9B |
| Total Debt | $1.7B |
| Net Debt | $1.4B |
