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 March 31, | Q2 Outlook | |||||||||
| 2023 | 2022 | 2023 | ||||||||
| Net income attributable to InterDigital, Inc. | $ | 105,259 | $ | 17,994 | $16,400 - $19,100 | |||||
| Net loss attributable to non-controlling interest | (1,739 | ) | (290 | ) | (500) | |||||
| Income tax provision | 16,845 | 5,961 | 3,400 | |||||||
| Other income (expense) & interest expense | (1,104 | ) | 6,520 | 2,300 | ||||||
| Depreciation and amortization | 19,526 | 19,282 | 19,600 | |||||||
| Share-based compensation | 7,790 | 5,386 | 9,000 | |||||||
| Other items (a) | 8,237 | 542 | — | |||||||
| Adjusted EBITDA 2 | $ | 154,814 | $ | 55,395 | $50,200 - $52,900 | |||||
