| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $382M | $387M | $382M | -1.3% | -0.1% |
| Op. Income | $143M | $141M | $75M | 1.5% | 90.9% |
| Gross Margin | 82.9% | 77.9% | 71.0% | 5.0pp | 11.9pp |
| Net Margin | 27.6% | 26.5% | 10.0% | 1.1pp | 17.6pp |
| EPS (Diluted) | $0.25 | $0.25 | $0.10 | 0.0% | 150.0% |
| Free Cash Flow | $171M | -$10M | $1.1B | 1892.4% | -83.7% |
| Item | Amount |
|---|---|
| REVENUE | $382M |
| Cost of Revenue | $65M |
| GROSS PROFIT | $316M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $87M |
| SG&A Expenses | $87M |
| Other Expenses | $86M |
| Operating Expenses | $173M |
| Cost & Expenses | $238M |
| OPERATING INCOME | $143M |
| Interest Income | $334M |
| Interest Expense | $46M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $143M |
| Income Tax Expense | $38M |
| Net Income from Continuing Ops | $105M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $105M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $102M |
| D&A | $20M |
| EBIT | $143M |
| EBITDA | $163M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $382M |
| Cost of Revenue | $65M |
| GROSS PROFIT | $316M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $87M |
| SG&A Expenses | $87M |
| Other Expenses | $86M |
| Operating Expenses | $173M |
| Cost & Expenses | $238M |
| OPERATING INCOME | $143M |
| Interest Income | $334M |
| Interest Expense | $46M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $143M |
| Income Tax Expense | $38M |
| Net Income from Continuing Ops | $105M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $105M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $102M |
| D&A | $20M |
| EBIT | $143M |
| EBITDA | $163M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $105M |
| Depreciation & Amortization | $20M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$67M |
| Change in Working Capital | $109M |
| OPERATING CASH FLOW | $171M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$330M |
| Sales/Maturities of Investments | $504M |
| Other Investing Activities | $195M |
| NET CASH FROM INVESTING | $370M |
| Net Debt Issuance | -$842M |
| Common Stock Repurchased | -$402.0K |
| Common Dividends Paid | -$44M |
| Other Financing Activities | $747M |
| NET CASH FROM FINANCING | -$142M |
| FREE CASH FLOW | $171M |
| Net Change in Cash | $398M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.3B |
| Short-Term Investments | $1.3B |
| Net Receivables | $106M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.8B |
| PP&E (Net) | $572M |
| Goodwill | $1.4B |
| Intangible Assets | $70M |
| Long-Term Investments | $34.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.5B |
| TOTAL NON-CURRENT ASSETS | $37.9B |
| TOTAL ASSETS | $40.7B |
| Account Payables | $0 |
| Short-Term Debt | $1.4B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $31.9B |
| TOTAL CURRENT LIABILITIES | $33.8B |
| Long-Term Debt | $2.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2.3B |
| TOTAL LIABILITIES | $36.1B |
| Common Stock | $142M |
| Additional Paid-In Capital | $3.6B |
| Retained Earnings | $611M |
| Treasury Stock | -$225.0K |
| Accum. Other Comp. Income | -$8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.6B |
| TOTAL LIABILITIES & EQUITY | $40.7B |
| Total Debt | $3.8B |
| Net Debt | $2.4B |
