| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $376M | $295M | $298M | 27.6% | 26.3% |
| Op. Income | $81M | $70M | $12M | 16.1% | 579.6% |
| Gross Margin | 59.8% | 59.1% | 54.5% | 0.8pp | 5.3pp |
| Net Margin | 16.6% | 17.5% | 1.6% | -0.9pp | 15.0pp |
| EPS (Diluted) | $0.71 | $0.58 | $0.05 | 22.4% | 1200.4% |
| Free Cash Flow | $123M | $163M | $53M | -24.7% | 133.6% |
| Item | Amount |
|---|---|
| REVENUE | $376M |
| Cost of Revenue | $151M |
| GROSS PROFIT | $225M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $143M |
| Other Expenses | $0 |
| Operating Expenses | $143M |
| Cost & Expenses | $294M |
| OPERATING INCOME | $81M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$282.0K |
| INCOME BEFORE TAX | $81M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $62M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $62M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $62M |
| D&A | $8M |
| EBIT | $81M |
| EBITDA | $89M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $376M |
| Cost of Revenue | $151M |
| GROSS PROFIT | $225M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $143M |
| Other Expenses | $0 |
| Operating Expenses | $143M |
| Cost & Expenses | $294M |
| OPERATING INCOME | $81M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$282.0K |
| INCOME BEFORE TAX | $81M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $62M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $62M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $62M |
| D&A | $8M |
| EBIT | $81M |
| EBITDA | $89M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $62M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $57M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $127M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | -$104M |
| Common Stock Repurchased | -$1.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $989.0K |
| NET CASH FROM FINANCING | -$103M |
| FREE CASH FLOW | $123M |
| Net Change in Cash | $18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $253M |
| Short-Term Investments | $0 |
| Net Receivables | $65M |
| Inventory | $140M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $476M |
| PP&E (Net) | $112M |
| Goodwill | $54M |
| Intangible Assets | $92M |
| Long-Term Investments | $0 |
| Tax Assets | $1M |
| Other Non-Current Assets | $972.0K |
| TOTAL NON-CURRENT ASSETS | $261M |
| TOTAL ASSETS | $737M |
| Account Payables | $124M |
| Short-Term Debt | $23M |
| Deferred Revenue | $11M |
| Other Current Liabilities | $9M |
| TOTAL CURRENT LIABILITIES | $288M |
| Long-Term Debt | $110M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $14M |
| TOTAL NON-CURRENT LIABILITIES | $161M |
| TOTAL LIABILITIES | $449M |
| Common Stock | $871.0K |
| Additional Paid-In Capital | $322M |
| Retained Earnings | -$34M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$387.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $288M |
| Minority Interest | $0 |
| TOTAL EQUITY | $288M |
| TOTAL LIABILITIES & EQUITY | $737M |
| Total Debt | $179M |
| Net Debt | -$75M |
