XML 57 R4.htm IDEA: XBRL DOCUMENT v3.20.1
Condensed Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
REVENUES $ 76,210 $ 68,631
OPERATING EXPENSES:    
Patent administration and licensing 40,108 36,071
Development 18,818 18,495
Selling, general and administrative 12,603 14,215
TOTAL OPERATING EXPENSES 71,529 68,781
Income (loss) from operations 4,681 (150)
INTEREST EXPENSE (10,545) (9,478)
OTHER INCOME (EXPENSE), NET 6,023 3,615
Income (loss) before income taxes 159 (6,013)
INCOME TAX BENEFIT (PROVISION) (1,820) 1,799
NET INCOME (LOSS) (1,661) (4,214)
Net loss attributable to noncontrolling interest (1,777) (1,411)
NET INCOME (LOSS) ATTRIBUTABLE TO INTERDIGITAL, INC. $ 116 $ (2,803)
NET INCOME (LOSS) PER COMMON SHARE — BASIC (in USD per share) $ 0 $ (0.09)
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING — BASIC (in shares) 30,722 32,611
NET INCOME (LOSS) PER COMMON SHARE — DILUTED (in USD per share) $ 0 $ (0.09)
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING — DILUTED (in shares) 30,920 32,611
Patent licensing royalties    
REVENUES $ 72,998 $ 66,378
Technology solutions    
REVENUES 3,212 2,028
Patent sales    
REVENUES $ 0 $ 225