InterDigital Reports Fourth Quarter and Full Year 2015 Financial Results



CONDENSED CONSOLIDATED BALANCE SHEETS
(dollars in thousands)
(unaudited)
 
  DECEMBER 31,
2015
  DECEMBER 31,
2014
ASSETS   
Cash & short-term investments$933,708  $703,928 
Accounts receivable (net)53,868  51,702 
Other current assets23,391  32,227 
Property & equipment and patents (net)289,727  278,086 
Other long-term assets (net)173,791  127,019 
TOTAL ASSETS$1,474,485  $1,192,962 
    
LIABILITIES AND SHAREHOLDERS’ EQUITY   
Current portion of long-term debt$227,174  $— 
Accounts payable, accrued liabilities, taxes payable & dividends payable66,570  80,474 
Current deferred revenue106,229  124,695 
Long-term deferred revenue289,039  293,342 
Long-term debt & other long-term liabilities263,578  218,774 
TOTAL LIABILITIES952,590  717,285 
TOTAL INTERDIGITAL, INC. SHAREHOLDERS' EQUITY510,519  468,328 
Noncontrolling interest11,376  7,349 
TOTAL EQUITY521,895  475,677 
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY$1,474,485  $1,192,962 


RECONCILIATION OF FREE CASH FLOW TO NET CASH
PROVIDED BY OPERATING ACTIVITIES

In the summary consolidated cash flows and throughout this release, the company refers to free cash flow.  The table below presents a reconciliation of this non-GAAP financial measure to net cash provided by operating activities, the most directly comparable GAAP financial measure.

   For the Three Months
Ended December 31,
  For the Year Ended
December 31,
   2015  2014  2015  2014
Net cash provided by operating activities $86,777  $55,984  $114,499  $242,013 
Purchases of property, equipment, & technology licenses (1,865) (3,899) (3,700) (7,095)
Capitalized patent costs (5,760) (8,607) (29,766) (31,932)
Free cash flow $79,152  $43,478  $81,033  $202,986 


 

CONTACT:
InterDigital,  Inc.:
Patrick  Van  de  Wille
patrick.vandewille@interdigital.com
  +1  (858)  210-4814 

Primary Logo



« Previous Page 1 | 2 | 3 | 4             



Review Article Be the first to review this article
CST: Webinar November 9, 2017

Aldec

Featured Video
Editorial
Peggy AycinenaWhat Would Joe Do?
by Peggy Aycinena
DVCon Europe 2017: Munich and So much more
More Editorial  
Jobs
Technical Support Engineer EU/Germany/UK for EDA Careers at N/A, United Kingdom
Senior R&D Engineer...Timing Closure Specialist for EDA Careers at San Jose or Anywhere, CA
Senior Front-End RTL Design AE for EDA Careers at San Jose, CA
Upcoming Events
25th IFIP/IEEE International Conference on Very Large Scale Integration (VLSI-SoC 2017) at Yas Viceroy Abu Dhabi Yas Marina Circuit, Yas Island Abu Dhabi United Arab Emirates - Oct 23 - 25, 2017
ARM TechCon 2017 at Santa Clara Convention Center Santa Clara CA - Oct 24 - 26, 2017
MIPI DevCon Bangalore 2017 at The Leela Palace Bengaluru India - Oct 27, 2017
MIPI DevCon Hsinchu City 2017 at Sheraton Hsinchu Hotel Taiwan - Oct 31, 2017
CST: Webinar series
DownStream: Solutions for Post Processing PCB Designs
TrueCircuits: IoTPLL



Internet Business Systems © 2017 Internet Business Systems, Inc.
25 North 14th Steet, Suite 710, San Jose, CA 95112
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering TechJobsCafe - Technical Jobs and Resumes GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise