XML 40 R28.htm IDEA: XBRL DOCUMENT v3.24.0.1

Revenue (Tables)

12 Months Ended

Dec. 31, 2023

Revenue from Contract with Customer [Abstract]

Schedule of Revenue by Product Category and Timing of Recognition

The following table summarizes revenue by timing of recognition (in thousands):

		Year Ended December 31,
		2023				2022				2021
Recognized over time		$	410,865			$	401,668			$	412,334
Recognized at a point in time			110,469				100,592				74,149
Total revenue		$	521,334			$	502,260			$	486,483

The following table summarizes revenue by product category (in thousands):

		Year Ended December 31,
		2023				2022				2021
Pay-TV		$	244,708			$	249,457			$	262,929
Consumer Electronics			132,355				128,395				99,529
Connected Car			94,864				84,201				88,306
Media Platform			49,407				40,207				35,719
Total revenue		$	521,334			$	502,260			$	486,483

Schedule of Geographic Revenue Information

The following table presents the Company’s revenue disaggregated by geographic area (in thousands):

		Year Ended December 31,
		2023								2022								2021
U.S.		$	267,998				51	%		$	278,920				56	%		$	249,537				51	%
Japan			83,138				16				65,551				13				70,956				15
Europe and Middle East			41,113				8				42,846				9				56,317				12
China			35,809				7				30,932				6				18,027				4
Latin America			31,863				6				27,212				5				22,894				4
Other			61,413				12				56,799				11				68,752				14
Total revenue		$	521,334				100	%		$	502,260				100	%		$	486,483				100	%

Schedule of Revenue Recognized in Period

The following table presents additional revenue disclosures (in thousands):

		Years Ended December 31,
		2023				2022				2021
Revenue recognized in the period from:
Amounts included in deferred revenue at the beginning of the period (1)		$	20,620			$	24,307			$	23,863
Performance obligations satisfied in previous periods (true ups, recoveries, and settlements) (2)(3)		$	11,863			$	30,561			$	8,772

(1)The Company has identified an error in the disclosure of the amount of revenue recognized from the beginning balance of deferred revenue for the year ended December 31, 2022 in this Form 10-K filing. The amount for the year ended December 31, 2022 was revised to correct an immaterial error, which resulted in the disclosure of the amount recognized increasing by $4.6 million from the amount previously disclosed. There was no impact on any amounts recorded in the Company’s consolidated financial statements for any period presented.

(2)True ups represent the differences between the Company’s quarterly estimates of per-unit royalty revenue and actual production/sales-based royalties reported by licensees in the following period. Recoveries represent corrections or revisions to previously reported per-unit royalties by licensees, generally resulting from the Company’s inquiries or compliance audits. Settlements represent resolutions of litigation or disputes during the period for past royalties owed.

(3)For the year ended December 31, 2022, the Company recorded revenue from both the settlement of a contract dispute with a large mobile imaging customer, and the execution of a long-term license agreement with the same large mobile imaging customer. The long-term license agreement was effective as of the expiration of the prior agreement, and the Company expected to record revenue from the license agreement in future periods.

Schedule of Remaining Performance Obligations

Company’s estimated remaining revenue under contracts with performance obligations was as follows (in thousands):

Year Ending December 31:		Amounts
2024		$	46,763
2025			19,127
2026			6,375
2027			2,292
2028			1,031
Thereafter			1,203
Total		$	76,791

Schedule of Allowance for Credit Losses

The following table presents the activity in the allowance for credit losses for the years ended December 31, 2023, 2022 and 2021 (in thousands):

		Year Ended December 31,
		2023								2022								2021
		Accounts Receivable				Unbilled Contracts Receivable				Accounts Receivable				Unbilled Contracts Receivable				Accounts Receivable				Unbilled Contracts Receivable
Beginning balance		$	1,950			$	369			$	2,255			$	468			$	6,454			$	1,414
Provision for credit losses			497				52				799				(99	)			714				38
Recoveries/charge-off			(541	)			(231	)			(1,104	)			—				(4,913	)			(984	)
Balance at end of period		$	1,906			$	190			$	1,950			$	369			$	2,255			$	468

X

- Definition

Tabular disclosure of allowance for credit loss on accounts receivable.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 326
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 13
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479319/326-20-50-13

+ Details

Name:	us-gaap_AccountsReceivableAllowanceForCreditLossTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 10
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479806/606-10-50-10

+ Details

Name:	us-gaap_ContractWithCustomerAssetAndLiabilityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479806/606-10-50-5

+ Details

Name:	us-gaap_DisaggregationOfRevenueTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_RevenueFromContractWithCustomerAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of revenue from external customers by geographic areas attributed to the entity's country of domicile and to foreign countries from which the entity derives revenue.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 41
-Subparagraph a
-SubTopic 10
-Topic 280
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-41

+ Details

Name:	us-gaap_RevenueFromExternalCustomersByGeographicAreasTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of expected timing for satisfying remaining performance obligation.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 13
-Subparagraph (b)(1)
-SubTopic 10
-Topic 606
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479806/606-10-50-13

+ Details

Name:	us-gaap_RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration