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Saul Rosenthal

 
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  • Acacia Research Will Uniquely Benefit From Apple's Win, Has Approval From Samsung Too [View article]
    Lightseed,

    Thanks for a very helpful comment.

    Saul
    Sep 7 01:57 AM | Likes Like |Link to Comment
  • Acacia Research Will Uniquely Benefit From Apple's Win, Has Approval From Samsung Too [View article]
    Here's how they define their non-GAAP earnings: We define non-GAAP net income as net income calculated in accordance with GAAP, plus non-cash stock compensation charges, non-cash patent amortization charges and excess benefit related non-cash tax expense.

    In other words they add back non-cash stock-based compensation charges, which is pretty standard. Then they sometimes have non-cash amortization of patent portfolio's that they've purchased outright, which seems pretty standard too. Finally they add back non-cash tax expense, which must be an accounting thing where they have to list a tax expense by GAAP rules, but they don't really have to pay it. It all seems pretty standard and routine as far as I can see.

    I haven't seen anything about non-GAAP revenues, and don't think I mentioned them in my blog.
    Sep 6 11:37 AM | Likes Like |Link to Comment
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