XML 111 R4.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Revenues $ 318,924 $ 307,404 $ 532,938
OPERATING EXPENSES:      
Patent administration and licensing 154,940 124,081 102,651
Development 74,860 69,698 75,724
Selling, general and administrative 51,289 51,030 53,068
Total Operating Expenses 281,089 244,809 231,443
Income from operations 37,835 62,595 301,495
Interest expense (40,955) (35,956) (17,845)
OTHER INCOME (EXPENSE), NET 29,062 5,419 8,740
Income before income taxes 25,942 32,058 292,390
INCOME TAX BENEFIT (PROVISION) (10,991) 27,417 (121,676)
NET INCOME 14,951 59,475 170,714
Net loss attributable to noncontrolling interest (5,977) (5,556) (5,506)
NET INCOME ATTRIBUTABLE TO INTERDIGITAL, INC. $ 20,928 $ 65,031 $ 176,220
Net income per share — basic (in usd per share) $ 0.66 $ 1.89 $ 5.09
Weighted average number of common shares outstanding — basic (in shares) 31,546 34,491 34,605
Net income per share — diluted (in usd per share) $ 0.66 $ 1.84 $ 4.93
Weighted average number of common shares outstanding — diluted (in shares) 31,785 35,307 35,779
CASH DIVIDENDS DECLARED PER COMMON SHARE (in usd per share) $ 1.40 $ 1.40 $ 1.30
Patent licensing royalties      
Revenues $ 307,431 $ 302,060 $ 512,358
Patent sales      
Revenues 975 750 0
Technology solutions      
Revenues $ 10,518 $ 4,594 $ 20,580