InterDigital Inc (IDCC)

[enyaw]

Richard Sherman, - Analyst [83]
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Good morning. Could you summarize the comp plans that you referred to in your release that adversely affected earnings, and could you comment whether these plans were ever presented to the shareholders?

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Rich Fagan, InterDigital Communications - CFO [84]
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The comp plans were implemented first half of last year, Richard. They include -- you may be familiar with the company but prior to last year we had like many other companies we've made extensive use of options, and we've migrated away from use of options as a form of compensation and put in a long-term compensation plan, program, which has components of both restricted stock units and a cash-based elements. So that program was described in a filing our most recent filing a Q. The program has elements that relate to '04, '05 time period for which we have accrued in '04. And then starting 1/1/05 you have overlapping periods. So you have an '05 through '07 period. So in 2005 you have elements of two different periods of the program that get expensed.

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Richard Sherman, - Analyst [85]
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And can you dimensionalize what the amounts have been or what the amounts were for '04?

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Rich Fagan, InterDigital Communications - CFO [86]
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I don't have that at hand, Richard. I will be happy to get back to you with that.

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Richard Sherman, - Analyst [87]
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Okay. Thank you.