InterDigital Inc (IDCC)

[olddog967]

Ia-idcc-fan: As you stated, Deferred Revenue is the contra liability account when "payment received for services to be rendered". It also is the contra liability account when an accounts receivable is set up for payments expected to be received with a year from the balance sheet date. (see abstracts from 10-K below).

"We establish a receivable for payments expected to be received within twelve months from the balance sheet date based on the terms in the license. Our reporting of such payments often results in an increase to both accounts receivable and deferred revenue."


"Our combined short-term and long-term deferred revenue balance at December 31, 2016 was approximately $621.2 million, an increase of $225.9 million from December 31, 2015. We have no material obligations associated with such deferred revenue. The increase in deferred revenue was primarily due to a gross increase in deferred revenue of $527.0 million primarily associated with $370.8 million collected from new fixed-fee agreements signed in 2016 and an additional $180.3 million due within twelve months"


Apparently a major portion of the up to $1.1 billion cash that was reported as
future cash receipts primarily represents payments that are possibly due after 31 December 2017, and therefore were not formally accounted for.