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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
CURRENT ASSETS:    
Cash and cash equivalents $ 670,292 $ 745,491
Short-term investments 168,953 179,204
Accounts receivable, less allowances of $0 and $537 19,380 28,272
Prepaid and other current assets 62,387 63,365
Total current assets 921,012 1,016,332
PROPERTY AND EQUIPMENT, NET 11,918 10,217
PATENTS, NET 447,194 436,339
DEFERRED TAX ASSETS 79,897 73,168
OTHER NON-CURRENT ASSETS 78,744 76,026
Total non-current assets 617,753 595,750
TOTAL ASSETS 1,538,765 1,612,082
CURRENT LIABILITIES:    
Current portion of long-term debt 0 94,170
Accounts payable 11,394 13,393
Accrued compensation and related expenses 24,002 29,162
Deferred revenue 141,528 146,654
Taxes payable 102 51
Dividends payable 10,781 10,746
Other accrued expenses 16,123 11,382
Total current liabilities 203,930 305,558
LONG-TERM DEBT 359,119 350,588
LONG-TERM DEFERRED REVENUE 139,396 123,653
OTHER LONG-TERM LIABILITIES 45,614 46,002
TOTAL LIABILITIES 748,059 825,801
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, 71,377 and 71,268 shares issued and 30,804 and 30,701 shares outstanding 713 712
Additional paid-in capital 734,565 727,402
Retained earnings 1,413,382 1,412,779
Accumulated other comprehensive income (loss) 370 (74)
TOTAL SHAREHOLDERS’ EQUITY 2,149,030 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 769,419 761,557
Noncontrolling interest 21,287 24,724
Total equity 790,706 786,281
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 1,538,765 $ 1,612,082