InterDigital Inc (IDCC)

[The Count]

Ronny, you've overstated the cost of dilution

Your point is an excellent one - management has fared exceptionally well for a producing good but far from spectacular results. JDGator also made some valid observations about management being first in line to reap rewards far beyond their salaries for doing the job the were hired to do.

However the cost of the buybacks to undo the dilution caused by stock options needs to be reduced by the exercise cost of them that is paid to the company. RSUs, on the other hand, have eliminated that little nuisance from the equation. I would guess that the actual cost is less than half of the total you had, but even at that it comes to dollars per share, which is huge.