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Equity Transactions (Notes)
 6 Months Ended
Jun. 30, 2015
EQUITY TRANSACTIONS: [Abstract]  
Stockholders' Equity Note Disclosure [Text Block]
6. EQUITY TRANSACTIONS:
Changes in shareholders’ equity for the six months ended June 30, 2015 and June 30, 2014 were as follows (in thousands):
 
For the Six Months Ended June 30,
 
2015
 
2014
Balance beginning of period, December 31
$
468,328

 
$
528,650

Net income attributable to InterDigital, Inc.
61,667

 
77,040

Unrealized gain on investments, net
8

 
382

Cash dividends declared
(14,475
)
 
(11,987
)
Repurchase of Common Stock
(70,572
)
 
(8,454
)
Convertible note hedge transactions, net of tax
(38,594
)
 
—

Warrant transactions
42,881

 
—

Equity component of the 2020 Notes, net of tax
38,567

 
—

Deferred financing costs allocated to equity
(2,430
)
 
—

Exercise of common stock options
26

 
353

Taxes withheld upon restricted stock unit vestings
(9,557
)
 
(2,814
)
Tax benefit from share-based compensation
2,163

 
1,196

Share-based compensation
6,299

 
9,721

Total InterDigital, Inc. shareholders’ equity end of period
$
484,311

 
$
594,087

Noncontrolling Interest Balance beginning of period, December 31
7,349

 
5,170

Proceeds from noncontrolling interests
2,551

 
2,550

Net loss attributable to noncontrolling interest
(1,380
)
 
(1,483
)
Noncontrolling interest
8,520

 
6,237

Total Equity end of period
$
492,831

 
$
600,324


Repurchase of Common Stock
In June 2014, our Board of Directors authorized a new $300 million share repurchase program (the “2014 Repurchase Program"), and in June 2015 our Board of Directors authorized a $100 million increase to the 2014 Repurchase Program, bringing the total amount of the program to $400 million. The Company may repurchase shares under the 2014 Repurchase Program through open market purchases, pre-arranged trading plans or privately negotiated purchases.
The table below sets forth for the periods presented the number of shares repurchased and the dollar value of shares repurchased under the 2014 Repurchase Program, in thousands.
 
2014 Repurchase Program
 
# of Shares
 
Value
2015 a
1,317

 
$
70,572

2014
3,554

 
152,625

Total
4,871

 
$
223,197

a.
Includes the repurchase of 0.8 million shares of our common stock at $53.61 per share, the closing price of the stock on March 5, 2015, from institutional investors through one of the initial purchasers and its affiliate, as our agent, concurrently with the pricing of the offering of the 2020 Notes (as defined below in Note 8, "Long-Term Debt").
Dividends
Cash dividends on outstanding common stock declared in 2015 and 2014 were as follows (in thousands, except per share data):
2015
Per Share
 
Total
 
Cumulative by Fiscal Year
First quarter
$
0.20

 
$
7,232

 
$
7,232

Second quarter
0.20

 
7,243

 
14,475

 
$
0.40

 
$
14,475

 
 
 
 
 
 
 
 
2014
Per Share
 
Total
 
Cumulative by Fiscal Year
First quarter
$
0.10

 
$
3,954

 
$
3,954

Second quarter
0.20

 
8,033

 
11,987

Third quarter
0.20

 
7,666

 
19,653

Fourth quarter
0.20

 
7,500

 
27,153

 
$
0.70

 
$
27,153

 
 
In June 2014, we announced that our Board of Directors had approved a 100% increase in the Company's quarterly cash dividend, to $0.20 per share. We currently expect to continue to pay dividends comparable to our quarterly $0.20 per share cash dividend in the future; however, continued payment of cash dividends and changes in the Company's dividend policy will depend on the Company's earnings, financial condition, capital resources and capital requirements, alternative uses of capital, restrictions imposed by any existing debt, economic conditions and other factors considered relevant by our Board of Directors.
Common Stock Warrants
On March 29, 2011 and March 30, 2011, we sold warrants to acquire, subject to customary anti-dilution adjustments, approximately 3.5 million and approximately 0.5 million shares of our common stock, respectively. The warrants become exercisable in tranches starting in June 2016, and, as of June 30, 2015, had a strike price of $64.09. Effective July 6, 2015, the warrants have a strike price of $63.44 per share, as adjusted. In consideration for the warrants issued on March 29, 2011 and March 30, 2011, we received $27.6 million and $4.1 million, respectively, on April 4, 2011.
On March 5 and March 9, 2015, we sold warrants to acquire, subject to customary anti-dilution adjustments, approximately 3.8 million and approximately 0.6 million shares of our common stock, respectively, at an initial strike price of approximately $88.46 per share. The warrants become exercisable in tranches starting in June 2020. As consideration for the warrants issued on March 5 and March 9, 2015,we received approximately $37.3 million and approximately $5.6 million, respectively.