InterDigital Announces First Quarter 2010 Financial Results

This press release includes a summary cash flow statement that results in change in both the company’s cash and short-term investment balances. In the summary cash flow statement and throughout this press release, we refer to free cash flow. The table below presents a reconciliation of this non-GAAP line item to net cash provided by operating activities, the most directly comparable GAAP financial measure.

 
For the Three Months Ended
March 31,
  2010       2009  
Net cash provided by operating activities $ 72,702 $ 51,031
Purchases of property, equipment, & technology licenses (442 ) (1,588 )
Patent additions   (6,855 )   (6,318 )
Free cash flow $ 65,405   $ 43,125  
 

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