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Consolidated Statements of Operations (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Revenues $ 23,110 $ 50,484 $ 99,971 $ 149,524
Cost of revenues:        
Inventor royalties 5,610 9,573 24,091 17,167
Contingent legal fees 4,024 6,607 19,056 10,355
Litigation and licensing expenses - patents 9,918 5,268 19,566 8,649
Amortization of patents 12,578 5,393 24,308 10,519
Marketing, general and administrative expenses (including non-cash stock compensation expense of $6,268 and $11,426 for the three and six months ended June 30, 2013, respectively, and $6,000 and $11,090 for the three and six months ended June 30, 2012, respectively) 13,184 11,903 27,035 25,634
Research, consulting and other expenses - business development 726 1,967 1,750 3,083
Total operating costs and expenses 46,040 40,711 115,806 75,407
Operating income (loss) (22,930) 9,773 (15,835) 74,117
Investment Income, Interest 397 100 839 156
Gain (Loss) on Investments 3 2 851 2
Total other income (expenses) 400 102 1,690 158
Income (loss) from operations before benefit from (provision for) income taxes (22,530) 9,875 (14,145) 74,275
Benefit from (provision for) income taxes 9,050 (3,494) 5,778 (18,241)
Net income (loss) including noncontrolling interests in operating subsidiaries (13,480) 6,381 (8,367) 56,034
Net (income) loss attributable to noncontrolling interests in operating subsidiaries 977 (60) 977 215
Net income (loss) attributable to Acacia Research Corporation $ (12,503) $ 6,321 $ (7,390) $ 56,249
Net income (loss) per common share attributable to Acacia Research Corporation:        
Basic earnings (loss) per share $ (0.26) $ 0.13 $ (0.15) $ 1.22
Diluted earnings (loss) per share $ (0.26) $ 0.13 $ (0.15) $ 1.19
Weighted average number of shares outstanding, basic 48,008,998 47,944,193 47,934,810 46,155,846
Weighted average number of shares outstanding, diluted 48,008,998 48,938,766 47,934,810 47,208,105