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10-Q Filing

INTERDIGITAL, INC. CIK: 1405495 Q1 2024
Filing Information
Form Type 10-Q
Accession Number 0001405495-24-000072
Period End Date 20240331
Filing Date 20240502
Fiscal Year 2024
Fiscal Period Q1
XBRL Instance idcc-20240331_htm.xml
Balance Sheet 160 line items
Line Item Tag Value Unit Period
Preferred stock, par value (in USD per share) PreferredStockParOrStatedValuePerShare $0.10 USD Point-in-time
Preferred stock, par value (in USD per share) PreferredStockParOrStatedValuePerShare $0.10 USD Point-in-time
Preferred stock, par value (in USD per share) PreferredStockParOrStatedValuePerShare $0.10 USD Point-in-time
Preferred stock, par value (in USD per share) PreferredStockParOrStatedValuePerShare $0.10 USD Point-in-time
Preferred stock, shares authorized (in shares) PreferredStockSharesAuthorized 14.40M shares Point-in-time
Preferred stock, shares authorized (in shares) PreferredStockSharesAuthorized 14.40M shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $430.62M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $430.62M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $437.08M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $437.08M USD Point-in-time
Preferred stock, shares authorized (in shares) PreferredStockSharesAuthorized 14.40M shares Point-in-time
Preferred stock, shares authorized (in shares) PreferredStockSharesAuthorized 14.40M shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $440.24M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $440.24M USD Point-in-time
Short-term investments ShortTermInvestments $544.39M USD Point-in-time
Short-term investments ShortTermInvestments $544.39M USD Point-in-time
Short-term investments ShortTermInvestments $569.28M USD Point-in-time
Short-term investments ShortTermInvestments $569.28M USD Point-in-time
Preferred stock, shares issued (in shares) PreferredStockSharesIssued 0.00 shares Point-in-time
Preferred stock, shares issued (in shares) PreferredStockSharesIssued 0.00 shares Point-in-time
Preferred stock, shares issued (in shares) PreferredStockSharesIssued 0.00 shares Point-in-time
Preferred stock, shares issued (in shares) PreferredStockSharesIssued 0.00 shares Point-in-time
Preferred stock, shares outstanding (in shares) PreferredStockSharesOutstanding 0.00 shares Point-in-time
Preferred stock, shares outstanding (in shares) PreferredStockSharesOutstanding 0.00 shares Point-in-time
Preferred stock, shares outstanding (in shares) PreferredStockSharesOutstanding 0.00 shares Point-in-time
Preferred stock, shares outstanding (in shares) PreferredStockSharesOutstanding 0.00 shares Point-in-time
Accounts receivable AccountsReceivableNetCurrent $145.63M USD Point-in-time
Accounts receivable AccountsReceivableNetCurrent $145.63M USD Point-in-time
Accounts receivable AccountsReceivableNetCurrent $117.29M USD Point-in-time
Accounts receivable AccountsReceivableNetCurrent $117.29M USD Point-in-time
Common stock, par value (in USD per share) CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Common stock, par value (in USD per share) CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Prepaid and other current assets PrepaidExpenseAndOtherAssetsCurrent $85.17M USD Point-in-time
Prepaid and other current assets PrepaidExpenseAndOtherAssetsCurrent $85.17M USD Point-in-time
Prepaid and other current assets PrepaidExpenseAndOtherAssetsCurrent $43.98M USD Point-in-time
Prepaid and other current assets PrepaidExpenseAndOtherAssetsCurrent $43.98M USD Point-in-time
Common stock, par value (in USD per share) CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Common stock, par value (in USD per share) CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 100.00M shares Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 100.00M shares Point-in-time
Total current assets AssetsCurrent $1.17B USD Point-in-time
Total current assets AssetsCurrent $1.17B USD Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 100.00M shares Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 100.00M shares Point-in-time
Total current assets AssetsCurrent $1.22B USD Point-in-time
Total current assets AssetsCurrent $1.22B USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $11.08M USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $11.08M USD Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 69.51M shares Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 69.51M shares Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $11.57M USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $11.57M USD Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 69.64M shares Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 69.64M shares Point-in-time
Patents, net FiniteLivedPatentsNet $313.00M USD Point-in-time
Patents, net FiniteLivedPatentsNet $313.00M USD Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 25.58M shares Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 25.58M shares Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 25.43M shares Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 25.43M shares Point-in-time
Patents, net FiniteLivedPatentsNet $307.13M USD Point-in-time
Patents, net FiniteLivedPatentsNet $307.13M USD Point-in-time
Deferred tax assets DeferredIncomeTaxAssetsNet $117.31M USD Point-in-time
Deferred tax assets DeferredIncomeTaxAssetsNet $117.31M USD Point-in-time
Treasury stock, shares of common held at cost (in shares) TreasuryStockCommonShares 44.20M shares Point-in-time
Treasury stock, shares of common held at cost (in shares) TreasuryStockCommonShares 44.20M shares Point-in-time
Treasury stock, shares of common held at cost (in shares) TreasuryStockCommonShares 43.93M shares Point-in-time
Treasury stock, shares of common held at cost (in shares) TreasuryStockCommonShares 43.93M shares Point-in-time
Deferred tax assets DeferredIncomeTaxAssetsNet $128.97M USD Point-in-time
Deferred tax assets DeferredIncomeTaxAssetsNet $128.97M USD Point-in-time
Other non-current assets, net OtherAssetsNoncurrent $149.66M USD Point-in-time
Other non-current assets, net OtherAssetsNoncurrent $149.66M USD Point-in-time
Other non-current assets, net OtherAssetsNoncurrent $156.06M USD Point-in-time
Other non-current assets, net OtherAssetsNoncurrent $156.06M USD Point-in-time
Total assets Assets $1.81B USD Point-in-time
Total assets Assets $1.81B USD Point-in-time
Total assets Assets $1.77B USD Point-in-time
Total assets Assets $1.77B USD Point-in-time
Current portion of long-term debt LongTermDebtCurrent $579.37M USD Point-in-time
Current portion of long-term debt LongTermDebtCurrent $579.37M USD Point-in-time
Current portion of long-term debt LongTermDebtCurrent $578.75M USD Point-in-time
Current portion of long-term debt LongTermDebtCurrent $578.75M USD Point-in-time
Accounts payable AccountsPayableCurrentAndNoncurrent $12.73M USD Point-in-time
Accounts payable AccountsPayableCurrentAndNoncurrent $12.73M USD Point-in-time
Accounts payable AccountsPayableCurrentAndNoncurrent $7.85M USD Point-in-time
Accounts payable AccountsPayableCurrentAndNoncurrent $7.85M USD Point-in-time
Accrued compensation and related expenses EmployeeRelatedLiabilitiesCurrent $32.66M USD Point-in-time
Accrued compensation and related expenses EmployeeRelatedLiabilitiesCurrent $32.66M USD Point-in-time
Accrued compensation and related expenses EmployeeRelatedLiabilitiesCurrent $23.44M USD Point-in-time
Accrued compensation and related expenses EmployeeRelatedLiabilitiesCurrent $23.44M USD Point-in-time
Deferred revenue ContractWithCustomerLiabilityCurrent $155.97M USD Point-in-time
Deferred revenue ContractWithCustomerLiabilityCurrent $155.97M USD Point-in-time
Deferred revenue ContractWithCustomerLiabilityCurrent $153.60M USD Point-in-time
Deferred revenue ContractWithCustomerLiabilityCurrent $153.60M USD Point-in-time
Dividends payable DividendsPayableCurrent $9.45M USD Point-in-time
Dividends payable DividendsPayableCurrent $9.45M USD Point-in-time
Dividends payable DividendsPayableCurrent $10.23M USD Point-in-time
Dividends payable DividendsPayableCurrent $10.23M USD Point-in-time
Dividends payable DividendsPayableCurrent $10.15M USD Point-in-time
Dividends payable DividendsPayableCurrent $10.15M USD Point-in-time
Other accrued expenses AccruedLiabilitiesCurrent $98.04M USD Point-in-time
Other accrued expenses AccruedLiabilitiesCurrent $98.04M USD Point-in-time
Other accrued expenses AccruedLiabilitiesCurrent $122.17M USD Point-in-time
Other accrued expenses AccruedLiabilitiesCurrent $122.17M USD Point-in-time
Total current liabilities LiabilitiesCurrent $903.82M USD Point-in-time
Total current liabilities LiabilitiesCurrent $903.82M USD Point-in-time
Total current liabilities LiabilitiesCurrent $881.13M USD Point-in-time
Total current liabilities LiabilitiesCurrent $881.13M USD Point-in-time
Long-term debt LongTermDebtNoncurrent $29.02M USD Point-in-time
Long-term debt LongTermDebtNoncurrent $29.02M USD Point-in-time
Long-term debt LongTermDebtNoncurrent $28.03M USD Point-in-time
Long-term debt LongTermDebtNoncurrent $28.03M USD Point-in-time
Long-term deferred revenue ContractWithCustomerLiabilityNoncurrent $193.96M USD Point-in-time
Long-term deferred revenue ContractWithCustomerLiabilityNoncurrent $193.96M USD Point-in-time
Long-term deferred revenue ContractWithCustomerLiabilityNoncurrent $223.87M USD Point-in-time
Long-term deferred revenue ContractWithCustomerLiabilityNoncurrent $223.87M USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $56.93M USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $56.93M USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $55.25M USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $55.25M USD Point-in-time
Total liabilities Liabilities $1.19B USD Point-in-time
Total liabilities Liabilities $1.19B USD Point-in-time
Total liabilities Liabilities $1.18B USD Point-in-time
Total liabilities Liabilities $1.18B USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - USD Point-in-time
Preferred Stock, $0.10 par value, 14,399 shares authorized, 0 shares issued and outstanding PreferredStockValue - USD Point-in-time
Preferred Stock, $0.10 par value, 14,399 shares authorized, 0 shares issued and outstanding PreferredStockValue - USD Point-in-time
Preferred Stock, $0.10 par value, 14,399 shares authorized, 0 shares issued and outstanding PreferredStockValue - USD Point-in-time
Preferred Stock, $0.10 par value, 14,399 shares authorized, 0 shares issued and outstanding PreferredStockValue - USD Point-in-time
Common Stock, $0.01 par value, 100,000 shares authorized, 69,638 and 69,507 shares issued and 25,434 and 25,580 shares outstanding CommonStockValue $694.00K USD Point-in-time
Common Stock, $0.01 par value, 100,000 shares authorized, 69,638 and 69,507 shares issued and 25,434 and 25,580 shares outstanding CommonStockValue $694.00K USD Point-in-time
Common Stock, $0.01 par value, 100,000 shares authorized, 69,638 and 69,507 shares issued and 25,434 and 25,580 shares outstanding CommonStockValue $696.00K USD Point-in-time
Common Stock, $0.01 par value, 100,000 shares authorized, 69,638 and 69,507 shares issued and 25,434 and 25,580 shares outstanding CommonStockValue $696.00K USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $742.98M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $742.98M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $744.07M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $744.07M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $1.53B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $1.53B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $1.46B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $1.46B USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-647.00K USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-647.00K USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-1.14M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-1.14M USD Point-in-time
Treasury stock, 44,204 and 43,927 shares of common stock held at cost TreasuryStockCommonValue $1.65B USD Point-in-time
Treasury stock, 44,204 and 43,927 shares of common stock held at cost TreasuryStockCommonValue $1.65B USD Point-in-time
Treasury stock, 44,204 and 43,927 shares of common stock held at cost TreasuryStockCommonValue $1.62B USD Point-in-time
Treasury stock, 44,204 and 43,927 shares of common stock held at cost TreasuryStockCommonValue $1.62B USD Point-in-time
Total shareholders' equity StockholdersEquity $624.29M USD Point-in-time
Total shareholders' equity StockholdersEquity $624.29M USD Point-in-time
Total shareholders' equity StockholdersEquity $581.55M USD Point-in-time
Total shareholders' equity StockholdersEquity $581.55M USD Point-in-time
Total liabilities and shareholders' equity LiabilitiesAndStockholdersEquity $1.77B USD Point-in-time
Total liabilities and shareholders' equity LiabilitiesAndStockholdersEquity $1.77B USD Point-in-time
Total liabilities and shareholders' equity LiabilitiesAndStockholdersEquity $1.81B USD Point-in-time
Total liabilities and shareholders' equity LiabilitiesAndStockholdersEquity $1.81B USD Point-in-time
Income Statement 72 line items
Line Item Tag Value Unit Period
Revenues RevenueFromContractWithCustomerExcludingAssessedTax $263.54M USD 1 Quarter
Revenues RevenueFromContractWithCustomerExcludingAssessedTax $263.54M USD 1 Quarter
Revenues RevenueFromContractWithCustomerExcludingAssessedTax $202.37M USD 1 Quarter
Revenues RevenueFromContractWithCustomerExcludingAssessedTax $202.37M USD 1 Quarter
Research and portfolio development ResearchAndPortfolioDevelopmentExpense $49.38M USD 1 Quarter
Research and portfolio development ResearchAndPortfolioDevelopmentExpense $49.38M USD 1 Quarter
Research and portfolio development ResearchAndPortfolioDevelopmentExpense $49.43M USD 1 Quarter
Research and portfolio development ResearchAndPortfolioDevelopmentExpense $49.43M USD 1 Quarter
Licensing LicensingCosts $96.59M USD 1 Quarter
Licensing LicensingCosts $96.59M USD 1 Quarter
Licensing LicensingCosts $21.37M USD 1 Quarter
Licensing LicensingCosts $21.37M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $12.31M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $12.31M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $13.84M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $13.84M USD 1 Quarter
Total operating expenses CostsAndExpenses $83.11M USD 1 Quarter
Total operating expenses CostsAndExpenses $83.11M USD 1 Quarter
Total operating expenses CostsAndExpenses $159.80M USD 1 Quarter
Total operating expenses CostsAndExpenses $159.80M USD 1 Quarter
Income from operations OperatingIncomeLoss $119.26M USD 1 Quarter
Income from operations OperatingIncomeLoss $119.26M USD 1 Quarter
Income from operations OperatingIncomeLoss $103.74M USD 1 Quarter
Income from operations OperatingIncomeLoss $103.74M USD 1 Quarter
Interest expense InterestExpense $11.92M USD 1 Quarter
Interest expense InterestExpense $11.92M USD 1 Quarter
Interest expense InterestExpense $12.09M USD 1 Quarter
Interest expense InterestExpense $12.09M USD 1 Quarter
Other income, net OtherNonoperatingIncomeExpense $9.25M USD 1 Quarter
Other income, net OtherNonoperatingIncomeExpense $9.25M USD 1 Quarter
Other income, net OtherNonoperatingIncomeExpense $13.19M USD 1 Quarter
Other income, net OtherNonoperatingIncomeExpense $13.19M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $101.06M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $101.06M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $120.36M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $120.36M USD 1 Quarter
Income tax provision IncomeTaxExpenseBenefit $19.41M USD 1 Quarter
Income tax provision IncomeTaxExpenseBenefit $19.41M USD 1 Quarter
Income tax provision IncomeTaxExpenseBenefit $16.84M USD 1 Quarter
Income tax provision IncomeTaxExpenseBenefit $16.84M USD 1 Quarter
Net income ProfitLoss $81.65M USD 1 Quarter
Net income ProfitLoss $81.65M USD 1 Quarter
Net income ProfitLoss $103.52M USD 1 Quarter
Net income ProfitLoss $103.52M USD 1 Quarter
Net loss attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $-1.74M USD 1 Quarter
Net loss attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $-1.74M USD 1 Quarter
Net loss attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest - USD 1 Quarter
Net loss attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest - USD 1 Quarter
Net income attributable to InterDigital, Inc. NetIncomeLoss $105.26M USD 1 Quarter
Net income attributable to InterDigital, Inc. NetIncomeLoss $105.26M USD 1 Quarter
Net income attributable to InterDigital, Inc. NetIncomeLoss $81.65M USD 1 Quarter
Net income attributable to InterDigital, Inc. NetIncomeLoss $81.65M USD 1 Quarter
Net income per common share Basic (in USD per share) EarningsPerShareBasic $3.66 USD 1 Quarter
Net income per common share Basic (in USD per share) EarningsPerShareBasic $3.66 USD 1 Quarter
Net income per common share Basic (in USD per share) EarningsPerShareBasic $3.20 USD 1 Quarter
Net income per common share Basic (in USD per share) EarningsPerShareBasic $3.20 USD 1 Quarter
Weighted average number of common shares outstanding Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 25.51M shares 1 Quarter
Weighted average number of common shares outstanding Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 25.51M shares 1 Quarter
Weighted average number of common shares outstanding Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 28.78M shares 1 Quarter
Weighted average number of common shares outstanding Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 28.78M shares 1 Quarter
Net income per common share Diluted (in USD per share) EarningsPerShareDiluted $2.88 USD 1 Quarter
Net income per common share Diluted (in USD per share) EarningsPerShareDiluted $2.88 USD 1 Quarter
Net income per common share Diluted (in USD per share) EarningsPerShareDiluted $3.58 USD 1 Quarter
Net income per common share Diluted (in USD per share) EarningsPerShareDiluted $3.58 USD 1 Quarter
Weighted average number of common shares outstanding Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 28.34M shares 1 Quarter
Weighted average number of common shares outstanding Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 28.34M shares 1 Quarter
Weighted average number of common shares outstanding Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 29.37M shares 1 Quarter
Weighted average number of common shares outstanding Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 29.37M shares 1 Quarter
Cash dividends declared per common share (in USD per share) CommonStockDividendsPerShareDeclared $0.40 USD 1 Quarter
Cash dividends declared per common share (in USD per share) CommonStockDividendsPerShareDeclared $0.40 USD 1 Quarter
Cash dividends declared per common share (in USD per share) CommonStockDividendsPerShareDeclared $0.35 USD 1 Quarter
Cash dividends declared per common share (in USD per share) CommonStockDividendsPerShareDeclared $0.35 USD 1 Quarter
Cash Flow Statement 128 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $81.65M USD 1 Quarter
Net income ProfitLoss $81.65M USD 1 Quarter
Net income ProfitLoss $103.52M USD 1 Quarter
Net income ProfitLoss $103.52M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $17.24M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $17.24M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $19.53M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $19.53M USD 1 Quarter
Non-cash interest income, net NonCashInterestIncomeExpenseNet $-3.43M USD 1 Quarter
Non-cash interest income, net NonCashInterestIncomeExpenseNet $-3.43M USD 1 Quarter
Non-cash interest income, net NonCashInterestIncomeExpenseNet $-3.66M USD 1 Quarter
Non-cash interest income, net NonCashInterestIncomeExpenseNet $-3.66M USD 1 Quarter
Non-cash change in investments NonCashChangeInInvestments $-158.00K USD 1 Quarter
Non-cash change in investments NonCashChangeInInvestments $-158.00K USD 1 Quarter
Non-cash change in investments NonCashChangeInInvestments $1.25M USD 1 Quarter
Non-cash change in investments NonCashChangeInInvestments $1.25M USD 1 Quarter
Change in deferred revenue IncreaseDecreaseInDeferredRevenue $-27.54M USD 1 Quarter
Change in deferred revenue IncreaseDecreaseInDeferredRevenue $-27.54M USD 1 Quarter
Change in deferred revenue IncreaseDecreaseInDeferredRevenue $-42.77M USD 1 Quarter
Change in deferred revenue IncreaseDecreaseInDeferredRevenue $-42.77M USD 1 Quarter
Deferred income taxes IncreaseDecreaseInDeferredIncomeTaxes $-11.79M USD 1 Quarter
Deferred income taxes IncreaseDecreaseInDeferredIncomeTaxes $-11.79M USD 1 Quarter
Deferred income taxes IncreaseDecreaseInDeferredIncomeTaxes $-12.47M USD 1 Quarter
Deferred income taxes IncreaseDecreaseInDeferredIncomeTaxes $-12.47M USD 1 Quarter
Share-based compensation ShareBasedCompensation $9.39M USD 1 Quarter
Share-based compensation ShareBasedCompensation $9.39M USD 1 Quarter
Share-based compensation ShareBasedCompensation $7.79M USD 1 Quarter
Share-based compensation ShareBasedCompensation $7.79M USD 1 Quarter
Other OtherOperatingActivitiesCashFlowStatement $2.57M USD 1 Quarter
Other OtherOperatingActivitiesCashFlowStatement $2.57M USD 1 Quarter
Other OtherOperatingActivitiesCashFlowStatement - USD 1 Quarter
Other OtherOperatingActivitiesCashFlowStatement - USD 1 Quarter
Receivables IncreaseDecreaseInReceivables $28.34M USD 1 Quarter
Receivables IncreaseDecreaseInReceivables $28.34M USD 1 Quarter
Receivables IncreaseDecreaseInReceivables $90.86M USD 1 Quarter
Receivables IncreaseDecreaseInReceivables $90.86M USD 1 Quarter
Deferred charges and other assets IncreaseDecreaseInOtherOperatingAssets $27.58M USD 1 Quarter
Deferred charges and other assets IncreaseDecreaseInOtherOperatingAssets $27.58M USD 1 Quarter
Deferred charges and other assets IncreaseDecreaseInOtherOperatingAssets $31.09M USD 1 Quarter
Deferred charges and other assets IncreaseDecreaseInOtherOperatingAssets $31.09M USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $-2.81M USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $-2.81M USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $3.52M USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $3.52M USD 1 Quarter
Accrued compensation and other expenses IncreaseDecreaseInOtherAccruedLiabilities $13.05M USD 1 Quarter
Accrued compensation and other expenses IncreaseDecreaseInOtherAccruedLiabilities $13.05M USD 1 Quarter
Accrued compensation and other expenses IncreaseDecreaseInOtherAccruedLiabilities $-2.61M USD 1 Quarter
Accrued compensation and other expenses IncreaseDecreaseInOtherAccruedLiabilities $-2.61M USD 1 Quarter
Net cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $-27.85M USD 1 Quarter
Net cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $-27.85M USD 1 Quarter
Net cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $50.77M USD 1 Quarter
Net cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $50.77M USD 1 Quarter
Purchases of short-term investments PaymentsToAcquireShortTermInvestments $167.09M USD 1 Quarter
Purchases of short-term investments PaymentsToAcquireShortTermInvestments $167.09M USD 1 Quarter
Purchases of short-term investments PaymentsToAcquireShortTermInvestments $309.39M USD 1 Quarter
Purchases of short-term investments PaymentsToAcquireShortTermInvestments $309.39M USD 1 Quarter
Sales of short-term investments ProceedsFromSaleOfShortTermInvestments $191.70M USD 1 Quarter
Sales of short-term investments ProceedsFromSaleOfShortTermInvestments $191.70M USD 1 Quarter
Sales of short-term investments ProceedsFromSaleOfShortTermInvestments $303.41M USD 1 Quarter
Sales of short-term investments ProceedsFromSaleOfShortTermInvestments $303.41M USD 1 Quarter
Purchases of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $1.21M USD 1 Quarter
Purchases of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $1.21M USD 1 Quarter
Purchases of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $444.00K USD 1 Quarter
Purchases of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $444.00K USD 1 Quarter
Capitalized patent costs CapitalizedPatentCosts $8.97M USD 1 Quarter
Capitalized patent costs CapitalizedPatentCosts $8.97M USD 1 Quarter
Capitalized patent costs CapitalizedPatentCosts $7.27M USD 1 Quarter
Capitalized patent costs CapitalizedPatentCosts $7.27M USD 1 Quarter
Long-term investments PaymentsForProceedsFromLongtermInvestments - USD 1 Quarter
Long-term investments PaymentsForProceedsFromLongtermInvestments - USD 1 Quarter
Long-term investments PaymentsForProceedsFromLongtermInvestments $-1.58M USD 1 Quarter
Long-term investments PaymentsForProceedsFromLongtermInvestments $-1.58M USD 1 Quarter
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $-14.46M USD 1 Quarter
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $-14.46M USD 1 Quarter
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $16.77M USD 1 Quarter
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $16.77M USD 1 Quarter
Payments on long-term debt RepaymentsOfLongTermDebt $1.59M USD 1 Quarter
Payments on long-term debt RepaymentsOfLongTermDebt $1.59M USD 1 Quarter
Payments on long-term debt RepaymentsOfLongTermDebt - USD 1 Quarter
Payments on long-term debt RepaymentsOfLongTermDebt - USD 1 Quarter
Payments of debt issuance costs PaymentsOfDebtIssuanceCosts $100.00K USD 1 Quarter
Payments of debt issuance costs PaymentsOfDebtIssuanceCosts $100.00K USD 1 Quarter
Payments of debt issuance costs PaymentsOfDebtIssuanceCosts - USD 1 Quarter
Payments of debt issuance costs PaymentsOfDebtIssuanceCosts - USD 1 Quarter
Repurchase of common stock PaymentsForRepurchaseOfCommonStock $28.87M USD 1 Quarter
Repurchase of common stock PaymentsForRepurchaseOfCommonStock $28.87M USD 1 Quarter
Repurchase of common stock PaymentsForRepurchaseOfCommonStock $203.38M USD 1 Quarter
Repurchase of common stock PaymentsForRepurchaseOfCommonStock $203.38M USD 1 Quarter
Net proceeds from exercise of stock options ProceedsFromStockOptionsExercised $687.00K USD 1 Quarter
Net proceeds from exercise of stock options ProceedsFromStockOptionsExercised $687.00K USD 1 Quarter
Net proceeds from exercise of stock options ProceedsFromStockOptionsExercised - USD 1 Quarter
Net proceeds from exercise of stock options ProceedsFromStockOptionsExercised - USD 1 Quarter
Non-controlling interest contribution ProceedsFromMinorityShareholders $1.75M USD 1 Quarter
Non-controlling interest contribution ProceedsFromMinorityShareholders $1.75M USD 1 Quarter
Non-controlling interest contribution ProceedsFromMinorityShareholders - USD 1 Quarter
Non-controlling interest contribution ProceedsFromMinorityShareholders - USD 1 Quarter
Taxes withheld upon restricted stock unit vestings PaymentsRelatedToTaxWithholdingForShareBasedCompensation $8.63M USD 1 Quarter
Taxes withheld upon restricted stock unit vestings PaymentsRelatedToTaxWithholdingForShareBasedCompensation $8.63M USD 1 Quarter
Taxes withheld upon restricted stock unit vestings PaymentsRelatedToTaxWithholdingForShareBasedCompensation $6.71M USD 1 Quarter
Taxes withheld upon restricted stock unit vestings PaymentsRelatedToTaxWithholdingForShareBasedCompensation $6.71M USD 1 Quarter
Dividends paid PaymentsOfDividends $10.23M USD 1 Quarter
Dividends paid PaymentsOfDividends $10.23M USD 1 Quarter
Dividends paid PaymentsOfDividends $10.38M USD 1 Quarter
Dividends paid PaymentsOfDividends $10.38M USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-49.32M USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-49.32M USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-218.14M USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-218.14M USD 1 Quarter
Net increase (decrease) in cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-260.45M USD 1 Quarter
Net increase (decrease) in cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-260.45M USD 1 Quarter
Net increase (decrease) in cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $18.23M USD 1 Quarter
Net increase (decrease) in cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $18.23M USD 1 Quarter
Cash, cash equivalents and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $461.19M USD Point-in-time
Cash, cash equivalents and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $461.19M USD Point-in-time
Cash, cash equivalents and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $442.96M USD Point-in-time
Cash, cash equivalents and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $442.96M USD Point-in-time
Cash, cash equivalents and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $703.16M USD Point-in-time
Cash, cash equivalents and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $703.16M USD Point-in-time
Cash, cash equivalents and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $442.71M USD Point-in-time
Cash, cash equivalents and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $442.71M USD Point-in-time
Cash, cash equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $461.19M USD Point-in-time
Cash, cash equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $461.19M USD Point-in-time
Cash, cash equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $442.96M USD Point-in-time
Cash, cash equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $442.96M USD Point-in-time
Cash, cash equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $703.16M USD Point-in-time
Cash, cash equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $703.16M USD Point-in-time
Cash, cash equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $442.71M USD Point-in-time
Cash, cash equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $442.71M USD Point-in-time
Stockholders Equity 68 line items
Line Item Tag Value Unit Period
Dividends declared (in USD per share) CommonStockDividendsPerShareDeclared $0.40 USD 1 Quarter
Dividends declared (in USD per share) CommonStockDividendsPerShareDeclared $0.40 USD 1 Quarter
Dividends declared (in USD per share) CommonStockDividendsPerShareDeclared $0.35 USD 1 Quarter
Dividends declared (in USD per share) CommonStockDividendsPerShareDeclared $0.35 USD 1 Quarter
Beginning balance (in shares) CommonStockSharesOutstanding 25.58M shares Point-in-time
Beginning balance (in shares) CommonStockSharesOutstanding 25.58M shares Point-in-time
Beginning balance (in shares) CommonStockSharesOutstanding 25.43M shares Point-in-time
Beginning balance (in shares) CommonStockSharesOutstanding 25.43M shares Point-in-time
Beginning balance (in shares) TreasuryStockCommonShares 44.20M shares Point-in-time
Beginning balance (in shares) TreasuryStockCommonShares 44.20M shares Point-in-time
Beginning balance (in shares) TreasuryStockCommonShares 43.93M shares Point-in-time
Beginning balance (in shares) TreasuryStockCommonShares 43.93M shares Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $625.30M USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $625.30M USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $624.29M USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $624.29M USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $730.51M USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $730.51M USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $581.55M USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $581.55M USD Point-in-time
Net income attributable to InterDigital, Inc. NetIncomeLoss $105.26M USD 1 Quarter
Net income attributable to InterDigital, Inc. NetIncomeLoss $105.26M USD 1 Quarter
Net income attributable to InterDigital, Inc. NetIncomeLoss $81.65M USD 1 Quarter
Net income attributable to InterDigital, Inc. NetIncomeLoss $81.65M USD 1 Quarter
Net loss attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $-1.74M USD 1 Quarter
Net loss attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $-1.74M USD 1 Quarter
Net loss attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest - USD 1 Quarter
Net loss attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest - USD 1 Quarter
Noncontrolling interest contributions NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance $1.75M USD 1 Quarter
Noncontrolling interest contributions NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance $1.75M USD 1 Quarter
Net change in unrealized loss on short-term investments OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $-495.00K USD 1 Quarter
Net change in unrealized loss on short-term investments OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $-495.00K USD 1 Quarter
Net change in unrealized loss on short-term investments OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $579.00K USD 1 Quarter
Net change in unrealized loss on short-term investments OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $579.00K USD 1 Quarter
Dividends declared Dividends $10.15M USD 1 Quarter
Dividends declared Dividends $10.15M USD 1 Quarter
Dividends declared Dividends $9.45M USD 1 Quarter
Dividends declared Dividends $9.45M USD 1 Quarter
Exercise of common stock options StockIssuedDuringPeriodValueStockOptionsExercised $687.00K USD 1 Quarter
Exercise of common stock options StockIssuedDuringPeriodValueStockOptionsExercised $687.00K USD 1 Quarter
Issuance of common stock, net StockIssuedDuringPeriodValueNewIssues $-6.71M USD 1 Quarter
Issuance of common stock, net StockIssuedDuringPeriodValueNewIssues $-6.71M USD 1 Quarter
Issuance of common stock, net StockIssuedDuringPeriodValueNewIssues $-8.63M USD 1 Quarter
Issuance of common stock, net StockIssuedDuringPeriodValueNewIssues $-8.63M USD 1 Quarter
Share-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $9.39M USD 1 Quarter
Share-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $9.39M USD 1 Quarter
Share-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $7.79M USD 1 Quarter
Share-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $7.79M USD 1 Quarter
Repurchase of common stock TreasuryStockValueAcquiredCostMethod $203.38M USD 1 Quarter
Repurchase of common stock TreasuryStockValueAcquiredCostMethod $203.38M USD 1 Quarter
Repurchase of common stock TreasuryStockValueAcquiredCostMethod $29.02M USD 1 Quarter
Repurchase of common stock TreasuryStockValueAcquiredCostMethod $29.02M USD 1 Quarter
Ending balance (in shares) CommonStockSharesOutstanding 25.58M shares Point-in-time
Ending balance (in shares) CommonStockSharesOutstanding 25.58M shares Point-in-time
Ending balance (in shares) CommonStockSharesOutstanding 25.43M shares Point-in-time
Ending balance (in shares) CommonStockSharesOutstanding 25.43M shares Point-in-time
Ending balance (in shares) TreasuryStockCommonShares 44.20M shares Point-in-time
Ending balance (in shares) TreasuryStockCommonShares 44.20M shares Point-in-time
Ending balance (in shares) TreasuryStockCommonShares 43.93M shares Point-in-time
Ending balance (in shares) TreasuryStockCommonShares 43.93M shares Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $625.30M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $625.30M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $624.29M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $624.29M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $730.51M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $730.51M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $581.55M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $581.55M USD Point-in-time
Comprehensive Income 20 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $81.65M USD 1 Quarter
Net income ProfitLoss $81.65M USD 1 Quarter
Net income ProfitLoss $103.52M USD 1 Quarter
Net income ProfitLoss $103.52M USD 1 Quarter
Unrealized (loss) gain on investments, net of tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $-495.00K USD 1 Quarter
Unrealized (loss) gain on investments, net of tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $-495.00K USD 1 Quarter
Unrealized (loss) gain on investments, net of tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $579.00K USD 1 Quarter
Unrealized (loss) gain on investments, net of tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $579.00K USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $81.16M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $81.16M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $104.10M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $104.10M USD 1 Quarter
Comprehensive loss attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $-1.74M USD 1 Quarter
Comprehensive loss attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $-1.74M USD 1 Quarter
Comprehensive loss attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest - USD 1 Quarter
Comprehensive loss attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest - USD 1 Quarter
Total comprehensive income attributable to InterDigital, Inc. ComprehensiveIncomeNetOfTax $105.84M USD 1 Quarter
Total comprehensive income attributable to InterDigital, Inc. ComprehensiveIncomeNetOfTax $105.84M USD 1 Quarter
Total comprehensive income attributable to InterDigital, Inc. ComprehensiveIncomeNetOfTax $81.16M USD 1 Quarter
Total comprehensive income attributable to InterDigital, Inc. ComprehensiveIncomeNetOfTax $81.16M USD 1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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