| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $513M | $466M | $468M | 10.2% | 9.7% |
| Op. Income | $182M | $161M | $151M | 12.9% | 20.5% |
| Gross Margin | 83.0% | 83.4% | 80.7% | -0.4pp | 2.3pp |
| Net Margin | 5.7% | 7.3% | 20.3% | -1.6pp | -14.7pp |
| EPS (Diluted) | $0.13 | $0.15 | $0.42 | -13.3% | -69.0% |
| Free Cash Flow | $313M | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $513M |
| Cost of Revenue | $87M |
| GROSS PROFIT | $426M |
| R&D Expenses | $90M |
| Selling & Marketing | $139M |
| General & Administrative | $15M |
| SG&A Expenses | $154M |
| Other Expenses | $0 |
| Operating Expenses | $244M |
| Cost & Expenses | $332M |
| OPERATING INCOME | $182M |
| Interest Income | $10M |
| Interest Expense | $0 |
| Other Income/Expenses | -$176M |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | -$25M |
| Net Income from Continuing Ops | $31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $29M |
| D&A | $0 |
| EBIT | $182M |
| EBITDA | $182M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $513M |
| Cost of Revenue | $87M |
| GROSS PROFIT | $426M |
| R&D Expenses | $90M |
| Selling & Marketing | $139M |
| General & Administrative | $15M |
| SG&A Expenses | $154M |
| Other Expenses | $0 |
| Operating Expenses | $244M |
| Cost & Expenses | $332M |
| OPERATING INCOME | $182M |
| Interest Income | $10M |
| Interest Expense | $0 |
| Other Income/Expenses | -$176M |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | -$25M |
| Net Income from Continuing Ops | $31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $29M |
| D&A | $0 |
| EBIT | $182M |
| EBITDA | $182M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $29M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $19M |
| Deferred Income Tax | -$13M |
| Other Non-Cash Items | $150M |
| Change in Working Capital | $111M |
| OPERATING CASH FLOW | $321M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | -$212M |
| Purchases of Investments | $1.3B |
| Sales/Maturities of Investments | -$988M |
| Other Investing Activities | $247M |
| NET CASH FROM INVESTING | $27M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $313M |
| Net Change in Cash | $343M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.8B |
| Short-Term Investments | $1.7B |
| Net Receivables | $1.2B |
| Inventory | $0 |
| Other Current Assets | $57M |
| TOTAL CURRENT ASSETS | $4.8B |
| PP&E (Net) | $61M |
| Goodwill | $62M |
| Intangible Assets | $147M |
| Long-Term Investments | $1.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $52M |
| TOTAL NON-CURRENT ASSETS | $1.5B |
| TOTAL ASSETS | $6.3B |
| Account Payables | $150M |
| Short-Term Debt | $0 |
| Deferred Revenue | $144M |
| Other Current Liabilities | $431M |
| TOTAL CURRENT LIABILITIES | $958M |
| Long-Term Debt | $2.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $58M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $2.5B |
| TOTAL LIABILITIES | $3.4B |
| Common Stock | $57.0K |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $1.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $80M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.8B |
| Minority Interest | $74M |
| TOTAL EQUITY | $2.9B |
| TOTAL LIABILITIES & EQUITY | $6.3B |
| Total Debt | $2.4B |
| Net Debt | $614M |
