| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $353M | $323M | $328M | 9.3% | 7.7% |
| Op. Income | $241M | $167M | $154M | 44.4% | 55.9% |
| Gross Margin | 104.9% | 89.3% | 85.5% | 15.7pp | 19.4pp |
| Net Margin | 54.8% | 42.0% | 39.1% | 12.8pp | 15.8pp |
| EPS (Diluted) | $1.93 | $1.36 | $1.25 | 41.9% | 54.4% |
| Free Cash Flow | $226M | $153M | $163M | 47.6% | 38.5% |
| Item | Amount |
|---|---|
| REVENUE | $353M |
| Cost of Revenue | -$17M |
| GROSS PROFIT | $371M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $83M |
| SG&A Expenses | $85M |
| Other Expenses | $45M |
| Operating Expenses | $130M |
| Cost & Expenses | $113M |
| OPERATING INCOME | $241M |
| Interest Income | $332M |
| Interest Expense | $17M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $241M |
| Income Tax Expense | $47M |
| Net Income from Continuing Ops | $194M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $194M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $194M |
| D&A | $9M |
| EBIT | $241M |
| EBITDA | $249M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $353M |
| Cost of Revenue | -$17M |
| GROSS PROFIT | $371M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $83M |
| SG&A Expenses | $85M |
| Other Expenses | $45M |
| Operating Expenses | $130M |
| Cost & Expenses | $113M |
| OPERATING INCOME | $241M |
| Interest Income | $332M |
| Interest Expense | $17M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $241M |
| Income Tax Expense | $47M |
| Net Income from Continuing Ops | $194M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $194M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $194M |
| D&A | $9M |
| EBIT | $241M |
| EBITDA | $249M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $194M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $12M |
| Other Non-Cash Items | -$32M |
| Change in Working Capital | $30M |
| OPERATING CASH FLOW | $220M |
| Capital Expenditure | $6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.4B |
| Sales/Maturities of Investments | $501M |
| Other Investing Activities | -$1.1B |
| NET CASH FROM INVESTING | -$1.9B |
| Net Debt Issuance | -$84M |
| Common Stock Repurchased | $69.0K |
| Common Dividends Paid | -$25M |
| Other Financing Activities | $3.1B |
| NET CASH FROM FINANCING | $3.0B |
| FREE CASH FLOW | $226M |
| Net Change in Cash | $1.3B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.7B |
| Short-Term Investments | $4.7B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $7.4B |
| PP&E (Net) | $207M |
| Goodwill | $290M |
| Intangible Assets | $9M |
| Long-Term Investments | $27.9B |
| Tax Assets | $31M |
| Other Non-Current Assets | $635M |
| TOTAL NON-CURRENT ASSETS | $29.1B |
| TOTAL ASSETS | $36.5B |
| Account Payables | $0 |
| Short-Term Debt | $21M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $31.9B |
| TOTAL CURRENT LIABILITIES | $32.0B |
| Long-Term Debt | $549M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $467M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $33.0B |
| Common Stock | $0 |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | $2.0B |
| Treasury Stock | -$71M |
| Accum. Other Comp. Income | $92M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.4B |
| TOTAL LIABILITIES & EQUITY | $36.5B |
| Total Debt | $650M |
| Net Debt | -$2.0B |