Company: IDCC
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0001405495-25-000051
Chunk: 75

Company: InterDigital, Inc.
Filing Date: 2025-07-31
Form: 10-Q
Item: Part I, Item 8
Chunk 75
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$511,103 $487,035 Less:Departmental expenses (a)49,355 44,485 90,692 88,951 Depreciation and amortization19,465 17,376 37,678 34,616 Intellectual property enforcement11,963 15,345 18,941 35,089 Share-based compensation11,836 9,655 21,334 19,041 Revenue share costs2,550 2,726 5,199 71,694 Other non-operating (income) expense, net (b)(5,607)(199)(5,994)2,476 Income tax provision30,466 24,441 47,083 43,852 Net income$180,568 $109,664 $296,170 $191,316                             (a) Includes personnel costs, consulting costs, outside services, administrative costs, and other operating expenses.(b) Includes interest income, interest expense, and other non-operating income and expenses

10.  OTHER INCOME, NET

The amounts included in "Other income, net" in the condensed consolidated statements of income for the three and six months ended June 30, 2025 and 2024 were as follows (in thousands):Three Months Ended June 30,Six Months Ended June 30,2025202420252024Interest and investment income$8,828 $10,125 $18,092 $21,903 Other6,316 1,557 7,310 (974)Other income, net$15,144 $11,682 $25,402 $20,929 The change in Other was primarily due to a foreign currency translation net gains arising from translation of our foreign subsidiaries of $3.6 million and $5.8 million in the three and six months ending June 30, 2025, respectively, compared to losses of $0.9 million and $3.3 million in the three and six months ending June 30, 2024, respectively.

19

Item 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS.

OVERVIEW

The following discussion should be read in conjunction with the unaudited, condensed consolidated financial statements and notes thereto contained in Part I, Item 1 of this Quarterly Report on Form 10-Q,