![]() The identification of certain statements as “forward-looking” is not intended to mean that other statements not specifically identified are not forward-looking. ![]() Words such as “expects,” “anticipates,” “plans,” “believes,” “seeks,” “estimates,” “could,” “would,” “may,” “intends,” “targets” and similar expressions or variations of such words are intended to identify forward-looking statements, but are not the exclusive means of identifying forward-looking statements in this Quarterly Report. This Quarterly Report contains forward-looking statements, which are subject to the safe harbor provisions created by the Private Securities Litigation Reform Act of 1995. filed an answer to Toshiba’s amended counterclaims. On March 18, 2016, Toshiba filed its amended answer, affirmative defenses, and counterclaims. purporting to terminate the parties’ license agreement. filed an amended complaint adding a claim for declaratory relief regarding a Februletter sent by Toshiba to Tessera, Inc. filed its answer and affirmative defenses to Toshiba’s counterclaims. ![]() The counterclaims seek, among other things, judicial determinations about the interpretation of the parties’ agreement, termination of the agreement, an accounting of the amount of alleged overpayments by Toshiba, restitution, and damages. Toshiba alleges counterclaims for declaratory judgment and breach of the implied warranty of good faith and fair dealing. On June 18, 2015, Toshiba filed its answer, affirmative defenses, and counterclaims to Tessera, Inc.’s complaint. District Court for the Northern District of California. On June 8, 2015, Toshiba removed the action to the U.S. The tax for jurisdictions for which a loss is expected and no benefit can be realized for the year is based on actual taxes and tax reserves for the quarter. The Company's provision for income taxes is based on its worldwide estimated annualized effective tax rate, except for jurisdictions for which a loss is expected for the year and no benefit can be realized for those losses, and the tax effect of discrete items occurring during the period. ![]() The decrease in the provision for income taxes for the six months ended Jas compared to the same period in the prior year is largely attributable to a decrease in profits and foreign withholding taxes for the current period. The provision for income taxes for the three months and six months ended Jwas primarily related to foreign withholding taxes and tax liability generated from U.S. The provision for income taxes for the three and six months ended Jwas $11.8 million and $29.1 million. The provision for income taxes for the three months and six months ended Jwas $11.5 million and $20.3 million, respectively. These financial statements should be read in conjunction with the annual audited financial statements and notes thereto as of and for the year ended December 31, 2015, included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2015, filed on Febru(the “Form 10-K”). In the opinion of management, the accompanying unaudited condensed consolidated financial statements reflect all adjustments necessary (consisting of normal recurring adjustments) to state fairly the financial position of the Company and its results of operations and cash flows as of and for the periods presented. GAAP have been condensed or omitted in accordance with such rules and regulations. Certain information and footnote disclosures normally included in financial statements prepared in accordance with U.S. The amounts as of December 31, 2015 have been derived from the Company’s annual audited financial statements. The accompanying interim unaudited condensed consolidated financial statements as of Jand 2015, and for the three and six months then ended, have been prepared by the Company in accordance with generally accepted accounting principles (“GAAP”) in the United States (“U.S.”) for interim financial information.
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