InterDigital Inc (IDCC)

[Corp_Buyer]

Please explain- What is "an '05 through '07 period" pertaining to bonuses to be expensed in '05? Anyone? TIA.

Posted by: Corp_Buyer
In reply to: enyaw who wrote msg# 97708 Date:3/10/2005 1:15:57 PM
Post #of 97758

"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" - what does this mean?

Does it mean that they are going to combine '05, '06, and "through '07" as a second period "that get expensed" in '05 i.e. they in effect will predetermine and accelerate the next 3 years ('05-'07) of bonuses to be pay themselves bonses in '05 in advance of performance instead of arrears?

This seems to warrant much further and detailed public explanation, IMO.

Anyone?

TIA,
Corp_Buyer