XML 27 R2.htm IDEA: XBRL DOCUMENT v3.3.0.814
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 157,775 $ 134,466
Restricted cash 10,721 0
Short-term investments 0 58,558
Accounts receivable 12,757 20,168
Deferred income taxes 1,161 1,161
Prepaid expenses and other current assets 4,926 4,355
Total current assets 187,340 218,708
Property and equipment, net of accumulated depreciation and amortization 319 500
Patents, net of accumulated amortization 249,486 286,636
Goodwill 30,149 30,149
Other assets 353 355
Total assets 467,647 536,348
Current liabilities:    
Accounts payable and accrued expenses 17,477 14,860
Accrued patent investment costs 0 16,700
Royalties and contingent legal fees payable 9,243 14,351
Total current liabilities 26,720 45,911
Deferred income taxes 1,161 1,161
Other liabilities 291 228
Total liabilities $ 28,172 $ 47,300
Commitments and contingencies (Note 5)
Stockholders' equity:    
Preferred stock, par value $0.001 per share; 10,000,000 shares authorized; no shares issued or outstanding $ 0 $ 0
Common stock, par value $0.001 per share; 100,000,000 shares authorized; 50,750,245 and 50,065,382 shares issued and outstanding as of September 30, 2015 and December 31, 2014, respectively 51 50
Treasury stock, at cost, 1,729,408 shares as of September 30, 2015 and December 31, 2014 (34,640) (34,640)
Additional paid-in capital 637,029 646,595
Accumulated comprehensive loss (233) (353)
Accumulated deficit (172,221) (128,095)
Total Acacia Research Corporation stockholders' equity 429,986 483,557
Noncontrolling interests in operating subsidiaries 9,489 5,491
Total stockholders' equity 439,475 489,048
Total liabilities and stockholders' equity $ 467,647 $ 536,348