| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $787M | $594M | $716M | 32.5% | 9.8% |
| Op. Income | $264M | $158M | $236M | 66.5% | 11.5% |
| Gross Margin | 59.2% | 55.8% | 58.2% | 3.4pp | 1.0pp |
| Net Margin | 27.8% | 21.3% | 28.0% | 6.4pp | -0.3pp |
| EPS (Diluted) | $3.49 | $2.03 | $3.12 | 71.9% | 11.9% |
| Free Cash Flow | $220M | $144M | $138M | 52.8% | 59.4% |
| Item | Amount |
|---|---|
| REVENUE | $787M |
| Cost of Revenue | $321M |
| GROSS PROFIT | $466M |
| R&D Expenses | $40M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $153M |
| Other Expenses | $10M |
| Operating Expenses | $202M |
| Cost & Expenses | $523M |
| OPERATING INCOME | $264M |
| Interest Income | $4M |
| Interest Expense | $11M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $257M |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | $218M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $218M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $218M |
| D&A | $34M |
| EBIT | $268M |
| EBITDA | $303M |
| EPS | $4 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $787M |
| Cost of Revenue | $321M |
| GROSS PROFIT | $466M |
| R&D Expenses | $40M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $153M |
| Other Expenses | $10M |
| Operating Expenses | $202M |
| Cost & Expenses | $523M |
| OPERATING INCOME | $264M |
| Interest Income | $4M |
| Interest Expense | $11M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $257M |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | $218M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $218M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $218M |
| D&A | $34M |
| EBIT | $268M |
| EBITDA | $303M |
| EPS | $4 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $218M |
| Depreciation & Amortization | $44M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $267M |
| Capital Expenditure | -$47M |
| Acquisitions (Net) | -$6M |
| Purchases of Investments | -$6M |
| Sales/Maturities of Investments | $19M |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$38M |
| Net Debt Issuance | -$215M |
| Common Stock Repurchased | -$56.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $43M |
| NET CASH FROM FINANCING | -$173M |
| FREE CASH FLOW | $220M |
| Net Change in Cash | $62M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $437M |
| Short-Term Investments | $6M |
| Net Receivables | $573M |
| Inventory | $304M |
| Other Current Assets | $80M |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $587M |
| Goodwill | $444M |
| Intangible Assets | $259M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $149M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $2.8B |
| Account Payables | $72M |
| Short-Term Debt | $150M |
| Deferred Revenue | $198M |
| Other Current Liabilities | $269M |
| TOTAL CURRENT LIABILITIES | $805M |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $528M |
| TOTAL NON-CURRENT LIABILITIES | $1.8B |
| TOTAL LIABILITIES | $2.6B |
| Common Stock | $2M |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | $7.1B |
| Treasury Stock | -$8.8B |
| Accum. Other Comp. Income | -$118M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $232M |
| Minority Interest | $0 |
| TOTAL EQUITY | $232M |
| TOTAL LIABILITIES & EQUITY | $2.8B |
| Total Debt | $1.5B |
| Net Debt | $1.0B |
