InterDigital Inc (IDCC)

[mickeybritt]

From 3rd quarter earnings report!!!



(dollars in thousands)
(unaudited)

For the Three Months
Ended September 30, For the Nine Months
Ended September 30,
2017 2016 2017 2016
Income before income taxes $ 38,688 $ 152,920 $ 148,460 $ 216,516
Taxes paid (15,063 ) (6,341 ) (29,173 ) (58,626 )
Non-cash expenses 21,772 21,048 66,463 66,529
Increase in deferred revenue 142,610 41,952 330,387 324,122
Deferred revenue recognized (84,594 ) (172,681 ) (240,331 ) (242,104 )
Increase (decrease) in operating working capital, deferred charges and other 1,336 (47,026 ) (177,465 ) (105,573 )
Capital spending and capitalized patent costs (9,872 ) (9,117 ) (27,248 ) (27,751 )
FREE CASH FLOW 94,877 (19,245 ) 71,093 173,113

This reporting period will not be the first non cash write down.



JMO
Mickey