| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $313M | $314M | $353M | -0.5% | -11.4% |
| Op. Income | $75M | $88M | $116M | -14.2% | -35.4% |
| Gross Margin | 94.2% | 86.4% | 83.9% | 7.8pp | 10.3pp |
| Net Margin | 19.2% | 22.0% | 25.6% | -2.8pp | -6.4pp |
| EPS (Diluted) | $0.64 | $0.75 | $0.96 | -14.7% | -33.3% |
| Free Cash Flow | $212M | $114M | $165M | 85.1% | 28.5% |
| Item | Amount |
|---|---|
| REVENUE | $313M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $295M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $109M |
| SG&A Expenses | $113M |
| Other Expenses | $107M |
| Operating Expenses | $220M |
| Cost & Expenses | $238M |
| OPERATING INCOME | $75M |
| Interest Income | $236M |
| Interest Expense | $19M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $75M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $60M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $60M |
| Net Income Deductions | $1M |
| BOTTOM LINE NET INCOME | $58M |
| D&A | $9M |
| EBIT | $75M |
| EBITDA | $84M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $313M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $295M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $109M |
| SG&A Expenses | $113M |
| Other Expenses | $107M |
| Operating Expenses | $220M |
| Cost & Expenses | $238M |
| OPERATING INCOME | $75M |
| Interest Income | $236M |
| Interest Expense | $19M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $75M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $60M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $60M |
| Net Income Deductions | $1M |
| BOTTOM LINE NET INCOME | $58M |
| D&A | $9M |
| EBIT | $75M |
| EBITDA | $84M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $60M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $60M |
| Change in Working Capital | $88M |
| OPERATING CASH FLOW | $219M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$701M |
| Sales/Maturities of Investments | $533M |
| Other Investing Activities | $207M |
| NET CASH FROM INVESTING | $31M |
| Net Debt Issuance | -$300M |
| Common Stock Repurchased | $3M |
| Common Dividends Paid | -$36M |
| Other Financing Activities | $106M |
| NET CASH FROM FINANCING | -$229M |
| FREE CASH FLOW | $212M |
| Net Change in Cash | $21M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $263M |
| Short-Term Investments | $3.3B |
| Net Receivables | $593M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.2B |
| PP&E (Net) | $227M |
| Goodwill | $538M |
| Intangible Assets | $22M |
| Long-Term Investments | $26.3B |
| Tax Assets | $81M |
| Other Non-Current Assets | $1.3B |
| TOTAL NON-CURRENT ASSETS | $28.4B |
| TOTAL ASSETS | $32.6B |
| Account Payables | $0 |
| Short-Term Debt | $995M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $27.3B |
| TOTAL CURRENT LIABILITIES | $28.5B |
| Long-Term Debt | $701M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$24M |
| TOTAL NON-CURRENT LIABILITIES | $835M |
| TOTAL LIABILITIES | $29.4B |
| Common Stock | $937.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $2.1B |
| Treasury Stock | -$141M |
| Accum. Other Comp. Income | $42M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.2B |
| TOTAL LIABILITIES & EQUITY | $32.6B |
| Total Debt | $1.9B |
| Net Debt | $1.6B |
