Replies to post #396451 on InterDigital Inc (IDCC)

[olddog967]

dndodd/mickey: David you are right. Although mickey stated his expense amount included taxes, as I previously tried explaining to him, he doesn't know, or refuses to understand, how taxes are applied in an earnings statement.

Below is my quick calculation.



Income (estimated by IDCC)........................................$110.0 million

Less: Operating & other expenses (4th qtr amounts).......65.5

Profit before Taxes...........................................................44.5

Less: Taxes @ normal 35% rate.......................................15.6

Net Profit..........................................................................28.9


EPS on 37 million shares……………………………….$0.78