Interdigital, inc. (IDCC)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Sep'09Jun'09
REVENUES

76,210

102,161

72,523

75,609

68,631

75,326

75,079

69,555

87,444

205,304

97,325

135,779

94,530

273,868

208,307

75,915

107,764

112,098

100,408

118,551

110,378

86,121

77,622

194,234

57,844

99,683

110,623

67,692

47,363

87,877

434,010

71,871

69,305

76,956

76,455

69,873

78,458

95,282

91,923

91,153

116,187

75,486

74,928

OPERATING EXPENSES:
Patent administration and licensing

40,108

46,744

34,772

37,353

36,071

38,601

32,077

26,487

26,916

26,022

26,517

23,232

26,880

21,762

26,149

28,285

27,167

29,201

28,363

31,212

31,625

34,919

33,923

31,272

33,694

36,212

36,786

33,164

36,875

31,305

45,551

26,200

23,228

21,132

17,900

16,756

15,948

13,605

12,772

14,707

17,823

13,320

15,580

Development

18,818

18,872

20,506

17,027

18,495

20,421

17,276

15,829

16,174

19,528

17,293

19,098

19,781

22,680

15,560

14,609

20,269

19,767

16,618

18,326

17,991

17,440

19,072

22,901

15,887

19,334

15,772

13,477

16,146

16,821

16,375

17,177

17,489

13,561

17,015

15,763

17,424

21,479

17,457

16,364

16,164

10,659

13,226

Selling, general and administrative

12,603

11,289

13,471

12,314

14,215

12,461

12,806

11,559

14,204

14,026

12,640

12,501

13,901

20,277

9,880

9,938

11,972

9,790

10,040

10,435

9,518

8,474

9,286

11,689

8,304

6,157

8,937

8,359

7,842

8,383

8,865

10,920

9,183

6,772

9,387

7,547

7,780

6,551

7,223

7,008

7,519

4,925

5,987

Restructuring Charges

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

1,544

12,536

0

0

0

-

-

-

-

-

-

-

-

-

-93

TOTAL OPERATING EXPENSES

71,529

76,865

68,749

66,694

68,781

71,481

62,159

53,875

57,294

59,600

56,450

54,831

60,562

64,719

51,589

52,832

59,408

58,758

55,021

59,973

59,134

60,833

62,281

65,862

57,885

61,703

61,495

55,000

62,407

69,045

70,791

54,297

49,900

41,465

44,302

40,066

41,152

41,635

37,452

38,079

41,506

28,904

34,700

Income (loss) from operations

4,681

25,296

3,774

8,915

-150

3,845

12,920

15,680

30,150

145,704

40,875

80,948

33,968

209,149

156,718

23,083

48,356

53,340

45,387

58,578

51,244

25,288

15,341

128,372

-41

37,980

49,128

12,692

-15,044

18,832

363,219

17,574

19,405

35,491

32,153

29,807

37,306

53,647

54,471

53,074

74,681

46,582

40,228

INTEREST EXPENSE

10,545

10,650

10,920

9,907

9,478

-

9,039

8,960

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other Operating Income (Expense), Net

6,023

-

7,803

12,354

3,615

-

-4,914

4,113

-6,336

-

-2,187

-2,330

-2,814

-

-3,798

-706

-7,137

-

-8,108

-7,746

-5,236

-

-3,167

-3,602

-3,964

-

-2,950

2,899

-9,480

-

-2,708

-2,484

-2,734

-

-3,149

-3,381

-942

-

556

889

600

531

625

Income (loss) before income taxes

159

19,936

657

11,362

-6,013

-1,556

-1,033

10,833

23,814

143,930

38,688

78,618

31,154

205,755

152,920

22,377

41,219

46,896

37,279

50,832

46,008

20,589

12,174

124,770

-4,005

24,274

46,178

15,591

-24,524

16,362

360,511

15,090

16,671

32,814

29,004

26,426

36,364

54,176

55,027

53,963

75,281

47,113

40,853

Income Tax Expense (Benefit)

1,820

7,984

-178

4,984

-1,799

-2,416

-21,143

1,057

-4,915

92,263

3,963

27,074

-1,624

69,978

49,397

-16,652

14,068

14,577

13,491

18,877

17,676

7,361

-461

46,658

-1,450

-12,838

20,068

6,985

11,621

830

124,842

5,417

5,741

10,047

2,798

9,270

13,025

19,865

19,512

19,000

26,454

16,492

14,408

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

-1,661

11,952

835

6,378

-4,214

860

20,110

9,776

28,729

51,667

34,725

51,544

32,778

135,777

103,523

39,029

27,151

35,150

23,788

31,955

28,332

16,150

12,635

78,112

-2,555

16,352

26,110

8,606

-12,903

15,532

235,669

9,673

10,930

-

-

-

-

-

-

-

-

-

-

Net loss attributable to noncontrolling interest

-1,777

-1,802

-1,399

-1,365

-1,411

-

-1,642

-1,190

-

-2,762

-811

-955

-978

-693

-943

-965

-920

-752

-732

-647

-700

-562

-877

-789

-694

-666

-550

-632

-634

0

0

0

0

-

-

-

-

-

-

-

-

-

-

NET INCOME (LOSS) ATTRIBUTABLE TO INTERDIGITAL, INC.

116

13,754

2,234

7,743

-2,803

2,083

21,752

10,966

30,230

54,429

35,536

52,499

33,756

136,470

104,466

39,994

28,071

30,207

24,520

32,602

29,065

10,868

13,512

78,901

-1,861

12,054

26,660

9,238

-12,269

15,532

235,669

9,673

10,930

22,767

26,206

17,156

23,339

34,311

35,515

34,963

48,827

30,621

26,445

NET INCOME (LOSS) PER COMMON SHARE — BASIC (in USD per share)

0.00

0.43

0.07

0.25

-0.09

0.07

0.63

0.32

0.87

1.58

1.02

1.51

0.98

3.94

3.05

1.16

0.80

0.93

0.68

0.91

0.79

0.41

0.34

1.95

-0.05

0.36

0.65

0.22

-0.30

0.24

5.61

0.22

0.24

0.49

0.58

0.38

0.52

0.75

0.81

0.80

1.12

0.70

0.60

WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING — BASIC (in shares)

30,722

30,896

31,130

31,547

32,611

33,903

34,651

34,769

34,641

34,655

34,709

34,686

34,370

34,280

34,280

34,499

35,045

35,418

35,798

36,022

36,954

37,173

39,620

40,443

40,444

40,976

41,185

41,161

41,138

40,979

42,024

43,876

45,401

45,506

45,463

45,369

45,306

44,675

44,076

43,971

43,614

43,083

43,479

NET INCOME (LOSS) PER COMMON SHARE — DILUTED (in USD per share)

0.00

0.44

0.07

0.24

-0.09

0.07

0.61

0.31

0.85

1.54

1.00

1.46

0.93

3.86

2.99

1.14

0.79

0.92

0.68

0.89

0.78

0.40

0.34

1.93

-0.05

0.36

0.64

0.22

-0.30

0.24

5.56

0.22

0.24

0.49

0.57

0.37

0.51

0.76

0.79

0.78

1.10

0.69

0.59

WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING — DILUTED (in shares)

30,920

31,445

31,308

31,776

32,611

34,384

35,607

35,631

35,606

35,606

35,388

35,902

36,220

35,481

34,953

34,945

35,377

35,876

36,205

36,442

37,329

38,059

40,191

40,822

40,444

41,654

41,448

41,456

41,138

41,146

42,353

44,139

45,946

46,060

46,281

45,843

45,872

45,396

44,811

44,706

44,383

43,819

44,313

Common Stock, Dividends, Per Share, Declared

-

-

-

-

-

-

-

-

-

0.35

0.35

0.30

0.30

0.30

0.30

0.20

0.20

0.20

0.20

0.20

0.20

0.20

0.20

0.20

0.10

0.10

0.10

0.10

0.10

1.60

0.10

0.10

0.10

0.10

0.10

0.10

0.10

0.10

0.00

0.00

0.00

-

-

Patent licensing royalties
Revenue from Contract with Customer, Excluding Assessed Tax

72,998

99,437

68,049

73,567

66,378

72,042

74,045

68,875

87,098

198,245

92,566

132,321

89,226

267,989

205,517

74,900

106,954

108,005

98,888

116,622

108,973

83,628

73,399

192,088

54,274

94,298

55,755

67,210

46,911

87,237

58,384

62,344

68,582

-

75,281

68,551

-

-

-

-

-

-

-

Patent sales
Revenue from Contract with Customer, Excluding Assessed Tax

0

0

750

0

225

750

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

1,999

-

-

-

0

-

-

-

375,000

9,000

-

-

0

0

-

-

-

-

-

-

-

Technology solutions
Revenue from Contract with Customer, Excluding Assessed Tax

3,212

2,724

3,724

2,042

2,028

2,534

1,034

680

346

7,059

4,759

3,458

5,304

5,879

2,790

1,015

810

4,093

1,520

1,929

1,405

2,493

2,224

2,146

3,570

5,385

54,868

482

452

640

626

527

723

-

1,174

1,322

-

-

-

-

-

-

-