| In millions, except per share items | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 |
| | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
| Revenues: |
| Product Licensing | 198.1 | 219.7 | 167.9 | 30.5 | 31.3 | 26.4 |
| Semiconductor & IP Licensing | 81.9 | 186.4 | 205.8 | 229.1 | 242.0 | 252.4 |
| Europe and Middle East | 19.6 | 31.9 | 13.6 | 1.3 | | |
| Corporate | | | | | 1.3 | 3.1 |
| Total revenues | 280.1 | 406.1 | 373.7 | 259.6 | 273.3 | 278.8 |
| Revenue growth [+] | -31.0% | 8.7% | 44.0% | -5.0% | -2.0% | |
| Product Licensing | -9.8% | 30.8% | 450.6% | -2.7% | 18.6% | |
| Semiconductor & IP Licensing | -56.0% | -9.4% | -10.2% | -5.3% | -4.1% | |
| Europe and Middle East | -38.4% | 133.7% | 931.9% | | | |
| Corporate | | | | | -58.1% | |
| Cost of goods sold | 8.5 | 13.3 | 6.3 | 0.6 | 0.6 | 0.4 |
| Gross profit | 271.6 | 392.8 | 367.4 | 259.0 | 272.7 | 278.4 |
| Gross margin | 97.0% | 96.7% | 98.3% | 99.8% | 99.8% | 99.9% |
| Selling, general and administrative | 122.9 | 127.9 | 144.6 | 72.1 | 43.6 | 47.2 |
| Research and development | 112.3 | 106.4 | 105.8 | 44.7 | 32.2 | 32.3 |
| Other operating expenses | | -108.5 | | 31.9 | 20.6 | 8.1 |
| EBITDA [+] | 43.1 | 273.7 | 124.1 | 144.5 | 198.6 | 211.1 |
| EBITDA growth | -84.3% | 120.5% | -14.1% | -27.2% | -6.0% | |
| EBITDA margin | 15.4% | 67.4% | 33.2% | 55.7% | 72.6% | 75.7% |
| Depreciation | 6.7 | 6.7 | 7.2 | 2.3 | 1.6 | 1.8 |
| EBITA | 36.4 | 267.0 | 116.9 | 142.2 | 197.0 | 209.3 |
| EBITA margin | 13.0% | 65.7% | 31.3% | 54.8% | 72.1% | 75.1% |
| Amortization of intangibles | 99.9 | 217.0 | 111.9 | 31.9 | 20.6 | 18.5 |
| EBIT [+] | -63.6 | 50.1 | 5.0 | 110.3 | 176.3 | 190.8 |
| EBIT growth | -227.0% | 902.4% | -95.5% | -37.4% | -7.6% | |
| EBIT margin | -22.7% | 12.3% | 1.3% | 42.5% | 64.5% | 68.4% |
| Non-recurring items [+] | 5.1 | 26.1 | 36.5 | 21.0 | 14.1 | 25.1 |
| Legal settlement | 5.1 | 26.1 | 36.5 | 21.0 | 14.1 | 25.1 |
| Interest expense, net [+] | 21.0 | 24.6 | 28.3 | 2.4 | | |
| Interest expense | 23.4 | 25.7 | 28.3 | 2.4 | | |
| Interest income | 2.4 | 1.1 | | | | |
| Other income (expense), net | 6.7 | 7.5 | 1.4 | 3.7 | 3.4 | 1.6 |
| Pre-tax income | -83.1 | 6.9 | -58.3 | 90.7 | 165.6 | 167.2 |
| Income taxes | -19.0 | 8.7 | -1.8 | 34.6 | 48.5 | -7.7 |
| Tax rate | 22.9% | 125.5% | 3.1% | 38.2% | 29.3% | |
| Minority interest | -1.5 | -1.5 | | | | |
| Earnings from continuing ops | -62.5 | -0.3 | -56.6 | 56.1 | 117.1 | 174.9 |
| Earnings from discontinued ops | | | | | -0.1 | -4.5 |
| Net income | -62.5 | -0.3 | -56.6 | 56.1 | 117.0 | 170.5 |
| Net margin | -22.3% | -0.1% | -15.1% | 21.6% | 42.8% | 61.1% |
| |
| Basic EPS [+] | ($1.27) | ($0.01) | ($1.15) | $1.14 | $2.26 | $3.31 |
| Growth | 21405.9% | -99.5% | -200.7% | -49.6% | -31.7% | |
| Diluted EPS [+] | ($1.27) | ($0.01) | ($1.15) | $1.12 | $2.23 | $3.27 |
| Growth | 21405.9% | -99.5% | -202.8% | -49.8% | -31.8% | |
| |
| Dividends per share [+] | $0.80 | $0.80 | $0.80 | $0.80 | $0.80 | $0.92 |
| Growth | 0.0% | 0.0% | 0.0% | 0.0% | -13.0% | |
| |
| Shares outstanding (basic) [+] | 49.1 | 48.8 | 49.3 | 49.2 | 51.8 | 52.8 |
| Growth | 0.6% | -0.9% | 0.1% | -5.0% | -1.9% | |
| Shares outstanding (diluted) [+] | 49.1 | 48.8 | 49.3 | 50.2 | 52.6 | 53.6 |
| Growth | 0.6% | -0.9% | -1.9% | -4.6% | -1.8% | |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |