InterDigital Reports Fourth Quarter And Full Year 2022 Financial Results

The table below presents a reconciliation of Adjusted EBITDA to net income attributable to InterDigital, Inc., the most directly comparable GAAP financial measure (in thousands):

  For the Three Months
Ended December 31,
  For the Twelve Months
Ended December 31,
   2022    2021    2022    2021 
Net income attributable to InterDigital, Inc.$32,408  $21,878  $93,693  $55,295 
Net loss attributable to non-controlling interest (402)  (2,065)  (1,632)  (13,107)
Income tax provision 8,190   9,329   25,502   15,368 
Other income (expense), net & interest expense (1,602)  (3,553)   32,953       13,650  
Depreciation and amortization   19,422       19,222       78,571       78,193  
Share-based compensation   6,918       7,726       22,127       28,736  
Other items (a)         7,587       3,280       29,877  
Adjusted EBITDA 2 $ 64,934     $ 60,124     $ 254,494     $ 208,012  

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