INTERDIGITAL, INC. IDCC Income Statement

Interdigital, inc. (IDCC)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Sep'09	Jun'09
REVENUES
326,503	318,924	292,089	294,645	288,591	307,404	437,382	459,628	525,852	532,938	601,502	712,484	652,620	665,854	504,084	396,185	438,821	441,435	415,458	392,672	468,355	415,821	429,383	462,384	335,842	325,361	313,555	636,942	641,121	663,063	652,142	294,587	292,589	301,742	320,068	335,536	356,816	394,545	374,749	357,754	0	0	0
OPERATING EXPENSES:
Patent administration and licensing
158,977	154,940	146,797	144,102	133,236	124,081	111,502	105,942	102,687	102,651	98,391	98,023	103,076	103,363	110,802	113,016	115,943	120,401	126,119	131,679	131,739	133,808	135,101	137,964	139,856	143,037	138,130	146,895	139,931	126,284	116,111	88,460	79,016	71,736	64,209	59,081	57,032	58,907	58,622	61,430	0	0	0
Development
75,223	74,900	76,449	73,219	72,021	69,700	68,807	68,824	72,093	75,700	78,852	77,119	72,630	73,118	70,205	71,263	74,980	72,702	70,375	72,829	77,404	75,300	77,194	73,894	64,470	64,729	62,216	62,819	66,519	67,862	64,602	65,242	63,828	63,763	71,681	72,123	72,724	71,464	60,644	56,413	0	0	0
Selling, general and administrative
49,677	51,289	52,461	51,796	51,041	51,030	52,595	52,429	53,371	53,068	59,319	56,559	53,996	52,067	41,580	41,740	42,237	39,783	38,467	37,713	38,967	37,753	35,436	35,087	31,757	31,295	33,521	33,449	36,010	37,351	35,740	36,262	32,889	31,486	31,265	29,101	28,562	28,301	26,675	25,439	0	0	0
Restructuring Charges
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,544	14,080	14,080	14,080	12,536	0	0	0	-	-	-	-	-	-	-	-	-	0
TOTAL OPERATING EXPENSES
283,837	281,089	275,705	269,115	256,296	244,809	232,928	227,219	228,175	231,443	236,562	231,701	229,702	228,548	222,587	226,019	233,160	232,886	234,961	242,221	248,110	246,861	247,731	246,945	236,083	240,605	247,947	257,243	256,540	244,033	216,453	189,964	175,733	166,985	167,155	160,305	158,318	158,672	145,941	143,189	0	0	0
Income (loss) from operations
42,666	37,835	16,384	25,530	32,295	62,595	204,454	232,409	297,677	301,495	364,940	480,783	422,918	437,306	281,497	170,166	205,661	208,549	180,497	150,451	220,245	168,960	181,652	215,439	99,759	84,756	65,608	379,699	384,581	419,030	435,689	104,623	116,856	134,757	152,913	175,231	198,498	235,873	228,808	214,565	0	0	0
INTEREST EXPENSE
42,022	40,955	39,344	37,384	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Operating Income (Expense), Net
0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	0	0
Income (loss) before income taxes
32,114	25,942	4,450	2,760	2,231	32,058	177,544	217,265	285,050	292,390	354,215	468,447	412,206	422,271	263,412	147,771	176,226	181,015	154,708	129,603	203,541	153,528	157,213	191,217	82,038	61,519	53,607	367,940	367,439	408,634	425,086	93,579	104,915	124,608	145,970	171,993	199,530	238,447	231,384	217,210	0	0	0
Income Tax Expense (Benefit)
14,610	10,991	591	-20,374	-24,301	-27,417	67,262	92,368	118,385	121,676	99,391	144,825	101,099	116,791	61,390	25,484	61,013	64,621	57,405	43,453	71,234	52,108	31,909	52,438	12,765	25,836	39,504	144,278	142,710	136,830	146,047	24,003	27,856	35,140	44,958	61,672	71,402	84,831	81,458	76,354	0	0	0
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
17,504	14,951	3,859	23,134	26,532	59,475	110,282	124,897	166,665	170,714	254,824	323,622	311,107	305,480	204,853	125,118	118,044	119,225	100,225	89,072	135,229	104,342	104,544	118,019	48,513	38,165	37,345	246,904	247,971	271,804	0	0	0	-	-	-	-	-	-	-	-	-	-
Net loss attributable to noncontrolling interest
-6,343	-5,977	-5,817	-5,608	0	-	0	0	-	-5,506	-3,437	-3,569	-3,579	-3,521	-3,580	-3,369	-3,051	-2,831	-2,641	-2,786	-2,928	-2,922	-3,026	-2,699	-2,542	-2,482	-1,816	-1,266	-634	0	0	0	0	-	-	-	-	-	-	-	-	-	-
NET INCOME (LOSS) ATTRIBUTABLE TO INTERDIGITAL, INC.
23,847	20,928	9,257	28,775	31,998	65,031	117,377	131,161	172,694	176,220	258,261	327,191	314,686	309,001	202,738	122,792	115,400	116,394	97,055	86,047	132,346	101,420	102,606	115,754	46,091	35,683	39,161	248,170	248,605	271,804	279,039	69,576	77,059	89,468	101,012	110,321	128,128	153,616	149,926	140,856	0	0	0
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
314,051	307,431	280,036	286,032	281,340	302,060	428,263	446,784	510,230	512,358	582,102	695,053	637,632	655,360	495,376	388,747	430,469	432,488	408,111	382,622	458,088	403,389	414,059	396,415	271,537	264,174	257,113	259,742	254,876	276,547	264,591	274,758	0	-	0	0	-	-	-	-	-	-	-
Patent sales
Revenue from Contract with Customer, Excluding Assessed Tax
750	975	1,725	975	975	750	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	0	0	-	-	0	0	-	-	-	-	-	-	-
Technology solutions
Revenue from Contract with Customer, Excluding Assessed Tax
11,702	10,518	10,328	7,638	6,276	4,594	9,119	12,844	15,622	20,580	19,400	17,431	14,988	10,494	8,708	7,438	8,352	8,947	7,347	8,051	8,268	10,433	13,325	65,969	64,305	61,187	56,442	2,200	2,245	2,516	3,050	3,746	0	-	0	0	-	-	-	-	-	-	-