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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
CURRENT ASSETS:    
Cash and cash equivalents $ 833,533 $ 706,282
Short-term investments 67,076 235,345
Accounts receivable, less allowances of $0 and $322 48,801 31,113
Prepaid and other current assets 86,393 77,545
Total current assets 1,035,803 1,050,285
PROPERTY AND EQUIPMENT, NET 11,261 13,377
PATENTS, NET 371,687 363,585
DEFERRED TAX ASSETS 103,047 98,408
OTHER NON-CURRENT ASSETS, NET 95,697 102,501
Total non-current assets 581,692 577,871
TOTAL ASSETS 1,617,495 1,628,156
CURRENT LIABILITIES:    
Accounts payable 9,222 7,155
Accrued compensation and related expenses 20,215 32,638
Deferred revenue 168,461 291,673
Dividends payable 10,380 10,741
Other accrued expenses 24,673 29,354
Total current liabilities 232,951 371,561
LONG-TERM DEBT 604,245 422,745
LONG-TERM DEFERRED REVENUE 45,075 19,463
OTHER LONG-TERM LIABILITIES 49,980 61,470
TOTAL LIABILITIES 932,251 875,239
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, 71,912 and 71,720 shares issued and 29,657 and 30,689 shares outstanding 719 717
Additional paid-in capital 704,370 713,599
Retained earnings 1,458,674 1,441,105
Accumulated other comprehensive loss (938) (571)
TOTAL SHAREHOLDERS’ EQUITY 2,162,825 2,154,850
Treasury stock, 42,255 and 41,031 shares of common stock held at cost 1,484,056 1,409,611
Total InterDigital, Inc. shareholders’ equity 678,769 745,239
Noncontrolling interest 6,475 7,678
Total equity 685,244 752,917
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 1,617,495 $ 1,628,156