| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $652M | $516M | $629M | 26.4% | 3.7% |
| Op. Income | $176M | $88M | $113M | 100.0% | 55.8% |
| Gross Margin | 39.6% | 36.2% | 34.5% | 3.3pp | 5.1pp |
| Net Margin | 18.7% | 11.4% | 4.3% | 7.3pp | 14.4pp |
| EPS (Diluted) | $0.66 | $0.32 | $0.14 | 106.3% | 371.4% |
| Free Cash Flow | $44M | $80M | $76M | -45.0% | -42.1% |
| Item | Amount |
|---|---|
| REVENUE | $652M |
| Cost of Revenue | $394M |
| GROSS PROFIT | $258M |
| R&D Expenses | $13M |
| Selling & Marketing | $72M |
| General & Administrative | $20M |
| SG&A Expenses | $92M |
| Other Expenses | -$23M |
| Operating Expenses | $82M |
| Cost & Expenses | $476M |
| OPERATING INCOME | $176M |
| Interest Income | $0 |
| Interest Expense | $20M |
| Other Income/Expenses | $12M |
| INCOME BEFORE TAX | $188M |
| Income Tax Expense | $66M |
| Net Income from Continuing Ops | $122M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $122M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $122M |
| D&A | $18M |
| EBIT | $219M |
| EBITDA | $237M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $652M |
| Cost of Revenue | $394M |
| GROSS PROFIT | $258M |
| R&D Expenses | $13M |
| Selling & Marketing | $72M |
| General & Administrative | $20M |
| SG&A Expenses | $92M |
| Other Expenses | -$23M |
| Operating Expenses | $82M |
| Cost & Expenses | $476M |
| OPERATING INCOME | $176M |
| Interest Income | $0 |
| Interest Expense | $20M |
| Other Income/Expenses | $12M |
| INCOME BEFORE TAX | $188M |
| Income Tax Expense | $66M |
| Net Income from Continuing Ops | $122M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $122M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $122M |
| D&A | $18M |
| EBIT | $219M |
| EBITDA | $237M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $122M |
| Depreciation & Amortization | $18M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $62M |
| Change in Working Capital | -$105M |
| OPERATING CASH FLOW | $101M |
| Capital Expenditure | -$57M |
| Acquisitions (Net) | -$22M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$79M |
| Net Debt Issuance | $7M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$21M |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$15M |
| FREE CASH FLOW | $44M |
| Net Change in Cash | $10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $760M |
| Short-Term Investments | $0 |
| Net Receivables | $433M |
| Inventory | $199M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $874M |
| Goodwill | $445M |
| Intangible Assets | $84M |
| Long-Term Investments | $44M |
| Tax Assets | $34M |
| Other Non-Current Assets | $132M |
| TOTAL NON-CURRENT ASSETS | $1.6B |
| TOTAL ASSETS | $3.1B |
| Account Payables | $189M |
| Short-Term Debt | $36M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $219M |
| TOTAL CURRENT LIABILITIES | $444M |
| Long-Term Debt | $2.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $420M |
| TOTAL NON-CURRENT LIABILITIES | $2.7B |
| TOTAL LIABILITIES | $3.1B |
| Common Stock | $2M |
| Additional Paid-In Capital | $24M |
| Retained Earnings | -$110M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$76M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$76M |
| TOTAL LIABILITIES & EQUITY | $3.1B |
| Total Debt | $2.3B |
| Net Debt | $1.5B |
