| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.9B | $1.8B | — | 9.2% | — |
| Op. Income | $171M | $118M | — | 44.9% | — |
| Gross Margin | 36.2% | 36.8% | — | -0.6pp | — |
| Net Margin | 4.0% | 5.1% | — | -1.1pp | — |
| EPS (Diluted) | $0.36 | $0.41 | — | -12.2% | — |
| Free Cash Flow | $197M | $88M | — | 123.9% | — |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $699M |
| R&D Expenses | $75M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $440M |
| Other Expenses | $13M |
| Operating Expenses | $528M |
| Cost & Expenses | $1.8B |
| OPERATING INCOME | $171M |
| Interest Income | $2M |
| Interest Expense | $25M |
| Other Income/Expenses | -$66M |
| INCOME BEFORE TAX | $105M |
| Income Tax Expense | $28M |
| Net Income from Continuing Ops | $77M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $77M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $74M |
| D&A | $96M |
| EBIT | $128M |
| EBITDA | $224M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $699M |
| R&D Expenses | $75M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $440M |
| Other Expenses | $13M |
| Operating Expenses | $528M |
| Cost & Expenses | $1.8B |
| OPERATING INCOME | $171M |
| Interest Income | $2M |
| Interest Expense | $25M |
| Other Income/Expenses | -$66M |
| INCOME BEFORE TAX | $105M |
| Income Tax Expense | $28M |
| Net Income from Continuing Ops | $77M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $77M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $74M |
| D&A | $96M |
| EBIT | $128M |
| EBITDA | $224M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $77M |
| Depreciation & Amortization | $85M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $7M |
| Change in Working Capital | $56M |
| OPERATING CASH FLOW | $235M |
| Capital Expenditure | -$38M |
| Acquisitions (Net) | -$10M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $25M |
| NET CASH FROM INVESTING | -$23M |
| Net Debt Issuance | -$635M |
| Common Stock Repurchased | -$150M |
| Common Dividends Paid | -$54M |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$840M |
| FREE CASH FLOW | $197M |
| Net Change in Cash | -$606M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.6B |
| Short-Term Investments | $0 |
| Net Receivables | $2.1B |
| Inventory | $843M |
| Other Current Assets | $168M |
| TOTAL CURRENT ASSETS | $5.8B |
| PP&E (Net) | $1.0B |
| Goodwill | $4.1B |
| Intangible Assets | $355M |
| Long-Term Investments | $2.1B |
| Tax Assets | $508M |
| Other Non-Current Assets | $937M |
| TOTAL NON-CURRENT ASSETS | $9.0B |
| TOTAL ASSETS | $14.7B |
| Account Payables | $983M |
| Short-Term Debt | $479M |
| Deferred Revenue | $140M |
| Other Current Liabilities | $608M |
| TOTAL CURRENT LIABILITIES | $2.5B |
| Long-Term Debt | $4.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $35M |
| Other Non-Current Liabilities | $2.1B |
| TOTAL NON-CURRENT LIABILITIES | $6.5B |
| TOTAL LIABILITIES | $8.9B |
| Common Stock | $198M |
| Additional Paid-In Capital | $2.4B |
| Retained Earnings | $6.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3.3B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.8B |
| Minority Interest | $4M |
| TOTAL EQUITY | $5.8B |
| TOTAL LIABILITIES & EQUITY | $14.7B |
| Total Debt | $4.8B |
| Net Debt | $2.1B |
