| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.3B | $3.0B | $3.0B | 42.6% | 40.8% |
| Op. Income | $170M | $2.7B | $426M | -93.8% | -60.0% |
| Gross Margin | 95.9% | 100.0% | 94.4% | -4.1pp | 1.6pp |
| Net Margin | 3.2% | 7.7% | 9.8% | -4.5pp | -6.6pp |
| EPS (Diluted) | $0.66 | $1.13 | $1.44 | -41.6% | -54.2% |
| Free Cash Flow | -$701M | $404M | $441M | -273.3% | -258.8% |
| Item | Amount |
|---|---|
| REVENUE | $4.3B |
| Cost of Revenue | $173M |
| GROSS PROFIT | $4.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $276M |
| Other Expenses | $7.9B |
| Operating Expenses | $4.1B |
| Cost & Expenses | $4.1B |
| OPERATING INCOME | $170M |
| Interest Income | $0 |
| Interest Expense | $46M |
| Other Income/Expenses | $964M |
| INCOME BEFORE TAX | $125M |
| Income Tax Expense | -$11M |
| Net Income from Continuing Ops | $135M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $135M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $135M |
| D&A | -$170M |
| EBIT | $170M |
| EBITDA | -$24M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $4.3B |
| Cost of Revenue | $173M |
| GROSS PROFIT | $4.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $276M |
| Other Expenses | $7.9B |
| Operating Expenses | $4.1B |
| Cost & Expenses | $4.1B |
| OPERATING INCOME | $170M |
| Interest Income | $0 |
| Interest Expense | $46M |
| Other Income/Expenses | $964M |
| INCOME BEFORE TAX | $125M |
| Income Tax Expense | -$11M |
| Net Income from Continuing Ops | $135M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $135M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $135M |
| D&A | -$170M |
| EBIT | $170M |
| EBITDA | -$24M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $135M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2.4B |
| Change in Working Capital | $1.6B |
| OPERATING CASH FLOW | -$681M |
| Capital Expenditure | -$20M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$454M |
| Sales/Maturities of Investments | $1.0B |
| Other Investing Activities | $274M |
| NET CASH FROM INVESTING | $822M |
| Net Debt Issuance | -$35M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$58M |
| Other Financing Activities | $44M |
| NET CASH FROM FINANCING | -$48M |
| FREE CASH FLOW | -$701M |
| Net Change in Cash | $93M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $197M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $197M |
| PP&E (Net) | $581M |
| Goodwill | $353M |
| Intangible Assets | $2.4B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $67.1B |
| TOTAL NON-CURRENT ASSETS | $70.4B |
| TOTAL ASSETS | $70.6B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $159M |
| Other Current Liabilities | -$159M |
| TOTAL CURRENT LIABILITIES | $159M |
| Long-Term Debt | $3.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $3.3B |
| TOTAL LIABILITIES | $3.3B |
| Common Stock | $31M |
| Additional Paid-In Capital | $2.4B |
| Retained Earnings | $11.3B |
| Treasury Stock | -$3.2B |
| Accum. Other Comp. Income | $374M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $10.9B |
| TOTAL LIABILITIES & EQUITY | $14.2B |
| Total Debt | $3.3B |
| Net Debt | $3.1B |
