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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
CURRENT ASSETS:    
Cash and cash equivalents $ 746,561 $ 745,491
Short-term investments 172,822 179,204
Accounts receivable, less allowances of $0 and $537 28,282 28,272
Prepaid and other current assets 84,292 63,365
Total current assets 1,031,957 1,016,332
PROPERTY AND EQUIPMENT, NET 16,244 10,217
PATENTS, NET 437,546 436,339
DEFERRED TAX ASSETS 78,664 73,168
OTHER NON-CURRENT ASSETS, NET 76,083 76,026
Total non-current assets 608,537 595,750
TOTAL ASSETS 1,640,494 1,612,082
CURRENT LIABILITIES:    
Current portion of long-term debt 0 94,170
Accounts payable 12,137 13,393
Accrued compensation and related expenses 27,043 29,162
Deferred revenue 248,086 146,654
Taxes payable 121 51
Dividends payable 10,782 10,746
Other accrued expenses 19,243 11,382
Total current liabilities 317,412 305,558
LONG-TERM DEBT 363,523 350,588
LONG-TERM DEFERRED REVENUE 108,587 123,653
OTHER LONG-TERM LIABILITIES 48,296 46,002
TOTAL LIABILITIES 837,818 825,801
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, 71,379 and 71,268 shares issued and 30,806 and 30,701 shares outstanding 713 712
Additional paid-in capital 735,922 727,402
Retained earnings 1,426,239 1,412,779
Accumulated other comprehensive income (loss) 8 (74)
TOTAL SHAREHOLDERS’ EQUITY 2,162,882 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 783,271 761,557
Noncontrolling interest 19,405 24,724
Total equity 802,676 786,281
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 1,640,494 $ 1,612,082