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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
CURRENT ASSETS:    
Cash and cash equivalents $ 515,793 $ 745,491
Short-term investments 265,107 179,204
Accounts receivable, less allowances of $537 and $537 25,608 28,272
Prepaid and other current assets 69,337 63,365
Total current assets 875,845 1,016,332
PROPERTY AND EQUIPMENT, NET 10,243 10,217
PATENTS, NET 425,685 436,339
DEFERRED TAX ASSETS 73,811 73,168
OTHER NON-CURRENT ASSETS 79,146 76,026
Total non-current assets 588,885 595,750
TOTAL ASSETS 1,464,730 1,612,082
CURRENT LIABILITIES:    
Current portion of long-term debt 0 94,170
Accounts payable 12,204 13,393
Accrued compensation and related expenses 18,937 29,162
Deferred revenue 126,298 146,654
Taxes payable 225 51
Dividends payable 10,762 10,746
Other accrued expenses 17,407 11,382
Total current liabilities 185,833 305,558
LONG-TERM DEBT 354,823 350,588
LONG-TERM DEFERRED REVENUE 104,497 123,653
OTHER LONG-TERM LIABILITIES 43,981 46,002
TOTAL LIABILITIES 689,134 825,801
COMMITMENTS AND CONTINGENCIES
SHAREHOLDERS’ EQUITY:    
Preferred Stock, $0.10 par value, 14,399 shares authorized, 0 shares issued and outstanding 0 0
Common Stock, $0.01 par value, 100,000 shares authorized, 71,322 and 71,268 shares issued and 30,749 and 30,701 shares outstanding 713 712
Additional paid-in capital 729,541 727,402
Retained earnings 1,402,048 1,412,779
Accumulated other comprehensive loss (42) (74)
TOTAL SHAREHOLDERS’ EQUITY 2,132,260 2,140,819
Treasury stock, 40,573 and 40,567 shares of common held at cost 1,379,611 1,379,262
Total InterDigital, Inc. shareholders’ equity 752,649 761,557
Noncontrolling interest 22,947 24,724
Total equity 775,596 786,281
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 1,464,730 $ 1,612,082