InterDigital Inc (IDCC)

[olddog967]

Ron/mickey: In regard to the total payments made to officer’s, I don’t think you will find that data. IDCC has reported having eleven executive officers. However, for SEC reporting purposes they are only required to report compensation information relative to what are called named executive officers i.e. the CEO,CFO, and the three other most highly compensated officers. For these five individuals IDCC reported the following total compensation for 2011:

Merritt $1,199,630
McQuilkin 570,784
Lemmo 527,090
Nolan 471,007
Shay 623,084

Total $3,391,595

Assuming annual average compensation of $300,000 for the six not listed executive officer, would add another $1,800,000 to the calculation.

If you want to add compensation reported for the seven non-management directors, for 2011 their total was $1,801,245

Therefore total compensation for the eleven executive officers and the seven non-management directors would be approximately $7 million/year. In comparison, the annual dividend payment of $0.40/share for the approximately 44 million shares outstanding results in a payout of $17.6 million. So there really is no comparison