Adeia (ADEA) 10-Q 10 Aug 20 2020 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2020	Jul. 30, 2020
Cover [Abstract]
Entity Registrant Name	XPERI HOLDING CORPORATION
Trading Symbol	XPER
Entity Central Index Key	0001803696
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Document Type	10-Q
Document Period End Date	Jun. 30, 2020
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q2
Amendment Flag	false
Entity Common Stock, Shares Outstanding		108,471,435
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Shell Company	false
Entity File Number	001-39304
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	84-4734590
Entity Address, Address Line One	3025 Orchard Parkway
Entity Address, City or Town	San Jose
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	95134
City Area Code	408
Local Phone Number	321-6000
Document Quarterly Report	true
Document Transition Report	false
Security12b Title	Common Stock (par value $0.001 per share)
Security Exchange Name	NASDAQ

Condensed Consolidated Statemen

Condensed Consolidated Statements Of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Revenue:
Total revenue	$ 137,631	$ 75,115	$ 255,296	$ 131,682
Operating expenses:
Research, development and other related costs	38,227	25,346	66,833	52,005
Selling, general and administrative	68,195	27,252	104,802	56,533
Depreciation expense	3,333	1,759	5,062	3,427
Amortization expense	32,044	25,314	54,553	50,773
Litigation expense	3,871	1,231	5,974	2,521
Total operating expenses	155,350	83,431	248,488	169,995
Operating income (loss)	(17,719)	(8,316)	6,808	(38,313)
Interest expense	(6,958)	(6,199)	(11,209)	(12,884)
Other income and expense, net	578	4,806	1,143	7,108
Loss on debt extinguishment	(8,300)		(8,300)	0
Loss before taxes	(32,399)	(9,709)	(11,558)	(44,089)
Benefit from income taxes	(9,299)	(3,547)	(7,243)	(12,497)
Net loss	(23,100)	(6,162)	(4,315)	(31,592)
Less: net loss attributable to noncontrolling interest	(487)	(341)	(1,038)	(688)
Net loss attributable to the Company	$ (22,613)	$ (5,821)	$ (3,277)	$ (30,904)
Loss per share attributable to the Company:
Basic	$ (330)	$ (120)	$ (60)	$ (630)
Diluted	$ (330)	$ (120)	$ (60)	$ (630)
Weighted average number of shares used in per share calculations-basic	69,160	49,259	59,462	48,918
Weighted average number of shares used in per share calculations-diluted	69,160	49,259	59,462	48,918
Licensing, Services and Software
Revenue:
Total revenue	$ 135,996	$ 75,031	$ 253,483	$ 131,343
Operating expenses:
Cost of revenue, excluding depreciation and amortization of intangible assets	8,252	2,460	9,792	4,509
Hardware
Revenue:
Total revenue	1,635	84	1,813	339
Operating expenses:
Cost of revenue, excluding depreciation and amortization of intangible assets	$ 1,428	$ 69	$ 1,472	$ 227

Condensed Consolidated Statem_2

Condensed Consolidated Statements Of Comprehensive Loss (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Statement Of Income And Comprehensive Income [Abstract]
Net loss	$ (23,100)	$ (6,162)	$ (4,315)	$ (31,592)
Other comprehensive income, net of tax:
Change in foreign currency translation adjustment	155		155
Net unrealized gains on available-for-sale debt securities	342	90	68	268
Other comprehensive income, net of tax	497	90	223	268
Comprehensive loss	(22,603)	(6,072)	(4,092)	(31,324)
Less: comprehensive loss attributable to noncontrolling interest	(487)	(341)	(1,038)	(688)
Comprehensive loss attributable to the Company	$ (22,116)	$ (5,731)	$ (3,054)	$ (30,636)

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents	$ 174,013	$ 74,551
Available-for-sale debt securities, at fair value (amortized cost and allowance for credit losses of $25,476 and $0, respectively, at June 30, 2020)	25,564	45,802
Equity securities	91,551	3,725
Accounts receivable, net of allowance for credit losses of $2,469 and $566 respectively	124,746	24,177
Unbilled contracts receivable	184,101	121,826
Other current assets	36,362	13,735
Total current assets	544,786	281,215
Long-term unbilled contracts receivable	20,582	26,672
Property and equipment, net	71,025	32,877
Operating lease right-of-use assets	89,136	17,786
Intangible assets, net	1,056,266	232,275
Goodwill	846,913	385,784
Other long-term assets	123,899	71,336
Total assets	2,752,607	1,047,945
Current liabilities:
Accounts payable	21,242	4,650
Accrued legal fees	5,594	1,316
Accrued liabilities	105,368	41,433
Deferred revenue	38,639	720
Current portion of long-term debt, net	43,612	0
Total current liabilities	214,455	48,119
Deferred revenue, less current portion	22,624	0
Long-term deferred tax liabilities	28,876	29,735
Long-term debt, net	967,471	334,679
Noncurrent operating lease liabilities	73,474	13,414
Other long-term liabilities	96,240	76,898
Total liabilities	1,403,140	502,845
Commitments and contingencies (Note 15)
Company stockholders’ equity:
Preferred stock: $0.001 par value; authorized (2020: 15,000 shares; 2019: 10,000 shares) and no shares issued and outstanding
Common stock: $0.001 par value; (2020: authorized 350,000 shares, issued 109,257 shares, outstanding 108,148 shares; 2019: authorized 150,000 shares, issued 63,622, outstanding 49,620 shares)	109	64
Additional paid-in capital	1,245,717	768,284
Treasury stock at cost (2020: 1,109 shares; 2019: 14,002 shares)	(17,572)	(368,701)
Accumulated other comprehensive income (loss)	170	(53)
Retained earnings	124,887	148,317
Total Company stockholders’ equity	1,353,311	547,911
Noncontrolling interest	(3,844)	(2,811)
Total equity	1,349,467	545,100
Total liabilities and equity	$ 2,752,607	1,047,945
Equity securities
Current assets:
Equity securities		$ 1,124

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($)	Jun. 30, 2020	Dec. 31, 2019
Statement Of Financial Position [Abstract]
Available-for-sale debt securities, amortized cost	$ 25,476,000
Available-for-sale debt securities, allowance for credit losses	0
Allowance for credit losses	$ 2,469,000	$ 566,000
Preferred stock, par value (in dollars per share)	$ 0.001	$ 0.001
Preferred stock, shares authorized (in shares)	15,000,000	10,000,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0.001	$ 0.001
Common stock, shares authorized (in shares)	350,000,000	150,000,000
Common stock, shares issued (in shares)	109,257,000	63,622,000
Common stock, shares outstanding (in shares)	108,148,000	49,620,000
Treasury stock, shares (in shares)	1,109,000	14,002,000

Condensed Consolidated Statem_3

Condensed Consolidated Statements Of Cash Flows (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Cash flows from operating activities:
Net loss	$ (23,100)	$ (6,162)	$ (4,315)	$ (31,592)
Adjustments to reconcile net loss to net cash from operating activities:
Depreciation of property and equipment	3,333	1,759	5,062	3,427
Amortization of intangible assets	32,044	25,314	54,553	50,773
Stock-based compensation expense			16,456	14,844
Deferred income taxes			(28,933)	(24,233)
Loss on debt extinguishment	8,300		8,300	0
Other			4,775	(248)
Changes in operating assets and liabilities:
Accounts receivable			3,306	3,681
Unbilled contracts receivable			12,645	65,347
Other assets			(9,675)	4,504
Accounts payable			3,334	1,721
Accrued and other liabilities			(5,199)	(17,036)
Deferred revenue			6,933	(2,295)
Net cash from operating activities			67,242	68,893
Cash flows from investing activities:
Purchases of property and equipment			(1,892)	(6,543)
Proceeds from sale of property and equipment			19	55
Cash acquired in merger transaction			117,424	0
Purchases of intangible assets			(519)	0
Purchases of short-term investments			0	(22,693)
Proceeds from sales of investments			7,189	4,500
Proceeds from maturities of investments			13,502	12,990
Net cash from investing activities			135,723	(11,691)
Cash flows from financing activities:
Dividend paid			(20,153)	(19,686)
Proceeds from debt, net			1,011,343
Repayment of debt			(344,000)	(100,000)
Repayment of assumed debt from merger transaction			(734,609)	0
Proceeds from exercise of stock options			1	520
Proceeds from employee stock purchase program			4,764	3,111
Repurchase of common stock			(20,943)	(4,264)
Net cash from financing activities			(103,597)	(120,319)
Effect of exchange rate changes on cash and cash equivalents			94	0
Net increase (decrease) in cash and cash equivalents			99,462	(63,117)
Cash and cash equivalents at beginning of period			74,551	113,625	$ 113,625
Cash and cash equivalents at end of period	$ 174,013	$ 50,508	174,013	50,508	$ 74,551
Supplemental disclosure of cash flow information:
Interest paid			5,807	11,628
Income taxes paid, net of refunds			13,723	6,457
Stock issued in merger transaction			$ 828,334	$ 0

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Equity - USD ($) shares in Thousands, $ in Thousands		Total	Cumulative Effect, Period of Adoption, Adjustment	Common Stock	Additional Paid-In Capital	Treasury Stock	Accumulated Other Comprehensive Income (Loss)	Retained Earnings	Retained EarningsCumulative Effect, Period of Adoption, Adjustment	Noncontrolling Interest
Beginning balance at Dec. 31, 2018		$ 618,147		$ 62	$ 730,695	$ (364,195)	$ (328)	$ 253,208		$ (1,295)
Beginning balance (in shares) at Dec. 31, 2018				48,408		13,804
Other at Dec. 31, 2018	[1]		$ (2,859)						$ (2,859)
Accounting Standards Update [Extensible List]		us-gaap:AccountingStandardsUpdate201409Member
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of subsidiary shares to noncontrolling interest					18					(18)
Net loss		$ (31,592)						(30,904)		(688)
Other comprehensive income		268					268
Cash dividends paid on common stock ($0.20 & $0.40 per share)		(19,686)						(19,686)
Issuance of common stock in connection with exercise of stock options		519			519
Issuance of common stock in connection with exercise of stock options (in shares)				32
Issuance of common stock in connection with employee stock purchase plan		3,111			3,111
Issuance of common stock in connection with employee common stock purchase plan (in shares)				227
Issuance of restricted stock, net of shares canceled		1		$ 1
Issuance of restricted stock, net of shares canceled (in shares)				857
Repurchases of common stock, shares exchanged		(4,264)				$ (4,264)
Repurchases of common stock, shares exchanged (in shares)				(186)		186
Stock-based compensation expense		14,844			14,844
Ending balance at Jun. 30, 2019		578,489		$ 63	749,187	$ (368,459)	(60)	199,759		(2,001)
Ending balance (in shares) at Jun. 30, 2019				49,338		13,990
Beginning balance at Mar. 31, 2019		588,070		$ 63	741,703	$ (367,326)	(150)	215,444		(1,664)
Beginning balance (in shares) at Mar. 31, 2019				49,209		13,942
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of subsidiary shares to noncontrolling interest					(4)					4
Net loss		(6,162)						(5,821)		(341)
Other comprehensive income		90					90
Cash dividends paid on common stock ($0.20 & $0.40 per share)		(9,864)						(9,864)
Issuance of common stock in connection with exercise of stock options		267			267
Issuance of common stock in connection with exercise of stock options (in shares)				18
Issuance of restricted stock, net of shares canceled (in shares)				159
Repurchases of common stock, shares exchanged		(1,133)				$ (1,133)
Repurchases of common stock, shares exchanged (in shares)				(48)		48
Stock-based compensation expense		7,221			7,221
Ending balance at Jun. 30, 2019		578,489		$ 63	749,187	$ (368,459)	(60)	199,759		(2,001)
Ending balance (in shares) at Jun. 30, 2019				49,338		13,990
Beginning balance at Dec. 31, 2019		545,100		$ 64	768,284	$ (368,701)	(53)	148,317		(2,811)
Beginning balance (in shares) at Dec. 31, 2019				49,620		14,002
Other at Dec. 31, 2019		$ 148,317
Accounting Standards Update [Extensible List]		us-gaap:AccountingStandardsUpdate201409Member
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of subsidiary shares to noncontrolling interest					(5)					5
Net loss		$ (4,315)						(3,277)		(1,038)
Other comprehensive income		223					223
Cash dividends paid on common stock ($0.20 & $0.40 per share)		(20,153)						(20,153)
Issuance of common stock in connection with employee stock purchase plan		4,764			4,764
Issuance of common stock in connection with employee common stock purchase plan (in shares)				355
Issuance of restricted stock, net of shares canceled		1		$ 1
Issuance of restricted stock, net of shares canceled (in shares)				1,334
Repurchases of common stock, shares exchanged		(5,943)				$ (5,943)
Repurchases of common stock, shares exchanged (in shares)				(383)		383
Repurchases of common stock		(15,000)				$ (15,000)
Repurchases of common stock, (in shares)				(1,078)		1,078
Common stock issued in merger transaction		828,334		$ 58	828,276
Common stock issued in merger transaction (in shares)				58,300
Retirement of treasury stock				$ (14)	(372,058)	$ 372,072
Retirement of treasury stock (in shares)						(14,354)
Stock-based compensation expense		16,456			16,456
Other at Jun. 30, 2020		124,887
Ending balance at Jun. 30, 2020		1,349,467		$ 109	1,245,717	$ (17,572)	170	124,887		(3,844)
Ending balance (in shares) at Jun. 30, 2020				108,148		1,109
Beginning balance at Mar. 31, 2020		561,651		$ 65	779,500	$ (371,845)	(327)	157,617		(3,359)
Beginning balance (in shares) at Mar. 31, 2020				50,530		14,186
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of subsidiary shares to noncontrolling interest					(2)					2
Net loss		(23,100)						(22,613)		(487)
Other comprehensive income		497					497
Cash dividends paid on common stock ($0.20 & $0.40 per share)		(10,117)						(10,117)
Issuance of common stock in connection with employee stock purchase plan		1,532			1,532
Issuance of common stock in connection with employee common stock purchase plan (in shares)				119
Issuance of restricted stock, net of shares canceled (in shares)				476
Repurchases of common stock, shares exchanged		(2,799)				$ (2,799)
Repurchases of common stock, shares exchanged (in shares)				(199)		199
Repurchases of common stock		(15,000)				$ (15,000)
Repurchases of common stock, (in shares)				(1,078)		1,078
Common stock issued in merger transaction		828,334		$ 58	828,276
Common stock issued in merger transaction (in shares)				58,300
Retirement of treasury stock				$ (14)	(372,058)	$ 372,072
Retirement of treasury stock (in shares)						(14,354)
Stock-based compensation expense		8,469			8,469
Other at Jun. 30, 2020		124,887
Ending balance at Jun. 30, 2020		$ 1,349,467		$ 109	$ 1,245,717	$ (17,572)	$ 170	$ 124,887		$ (3,844)
Ending balance (in shares) at Jun. 30, 2020				108,148		1,109
[1]	Refer to “Note 1 – The Company and Basis of Presentation.”

Condensed Consolidated Statem_5

Condensed Consolidated Statements of Equity (Parenthetical) - $ / shares	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Statement Of Stockholders Equity [Abstract]
Cash dividends paid on common stock, price per share	$ 0.20	$ 0.20	$ 0.40	$ 0.40

The Company and Basis of Presen

The Company and Basis of Presentation	6 Months Ended
	Jun. 30, 2020
Organization Consolidation And Presentation Of Financial Statements [Abstract]
The Company and Basis of Presentation	NOTE 1 – THE COMPANY AND BASIS OF PRESENTATION On December 18, 2019, Xperi Corporation (“Xperi”) entered into an Agreement and Plan of Merger and Reorganization with TiVo Corporation (“TiVo”) to combine in an all-stock merger of equals transaction (the “Mergers”). Immediately following the consummation of the Mergers on June 1, 2020, (the “Merger Date”), Xperi Holding Corporation (the “Company”), a Delaware corporation founded in December 2019 under the name “XRAY-TWOLF HoldCo Corporation,” became the parent company of both Xperi and TiVo. The common stock of Xperi and TiVo were de-registered after completion of the Mergers. On June 2, 2020, Xperi Holding Corporation’s common stock, par value $0.001 per share, commenced trading on the Nasdaq Global Select Market (“Nasdaq”) under the ticker symbol “XPER.” See “Note 7 – Business Combination” for a more detailed description of the Mergers. Xperi was determined to be the accounting acquirer in the Mergers. As a result, the historical financial statements of Xperi for periods prior to the Mergers are considered to be the historical financial statements of Xperi Holding Corporation. As used herein, the “Company” refers to Xperi when referring to periods prior to June 1, 2020 and to Xperi Holding Corporation when referring to periods subsequent to June 1, 2020. The Company’s results of operations include the operations of TiVo after June 1, 2020, and TiVo’s assets and liabilities were recorded at their estimated fair values in the Company’s Condensed Consolidated Balance Sheets as of June 1, 2020 “ Xperi Holding Corporation is a leading consumer and entertainment technology licensing company and one of the industry’s largest intellectual property (IP) licensing platforms, with a diverse portfolio of media and semiconductor intellectual property and more than 11,000 patents and applications. The Company invents, develops, and delivers technologies that enable extraordinary experiences. The Company’s technologies, delivered via its brands (DTS, HD Radio, IMAX Enhanced, Invensas, and TiVo), and by its subsidiary, Perceive Corporation, make entertainment more entertaining, and smart devices smarter. The Company’s technologies are integrated into billions of consumer devices, media platforms, and semiconductors worldwide, driving increased value for customers, partners and consumers. The Company shapes how millions of consumers access and experience entertainment content, and the Company’s innovations are found in billions of devices and hundreds of millions of interfaces around the globe. The Company has two principal businesses, a product business and an IP licensing business. The product business consists primarily of licensing Company-developed audio, digital radio, imaging, edge-based machine learning and multi-channel video user experience (“UX”) solutions. Edge based machine learning, audio, digital radio, and imaging solutions include the delivery of software and/or hardware-based solutions to the Company’s consumer electronics (“CE”) customers, automotive manufacturers or their supply chain partners. UX products and services revenue is primarily derived from multi-channel video service providers and CE manufacturers, licensing the TiVo service and selling TiVo-enabled devices, Personalized Content Discovery, enriched Metadata, viewership data and advertising. The IP licensing business consists primarily of licensing of the Company’s innovations to leading companies in the media and semiconductor industries. Licensing arrangements include access to one or more of the Company’s foundational patent portfolios and may also include access to industry-leading technologies and proven know-how. In the media industry, the Company’s licensees include pay television (“Pay-TV”) providers, both in the United States and internationally, consumer electronics manufacturers, and other providers of video experiences across various platforms, including over-the-top (OTT) video. In the semiconductor industry, the Company’s licensees include semiconductor manufacturers, fabless companies, foundries, and packaging companies. The accompanying interim unaudited condensed consolidated financial statements as of June 30, 2020 and 2019, 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. The amounts as of December 31, 2019 have been derived from the Company’s annual audited financial statements. Certain information and footnote disclosures normally included in financial statements prepared in accordance with U.S. GAAP have been condensed or omitted in accordance with such rules and regulations. 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. 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, 2019, included in Xperi’s Annual Report on Form 10-K for the year ended December 31, 2019 and TiVo’s Annual Report on Form 10-K for the year ended December 31, 2019, both of which were filed on February 18 , 20 20 . The results of operations for the three and six months ended June 30, 2020 are not necessarily indicative of the results that may be expected for the full year ending December 31, 2020 or any future period and the Company makes no representations related thereto. In the fourth quarter of 2018, the Company funded a new subsidiary, Perceive Corporation (“Perceive”), which was created to focus on delivering edge inference solutions. As a result of issuing new shares in Perceive to noncontrolling interests, the Company’s ownership interest in Perceive decreased to approximately 83% as of June 30, 2020. The operating results of Perceive have been consolidated in the Company’s condensed consolidated financial statements for all periods presented. In the first quarter of 2019, the Company recorded an out-of-period adjustment to decrease current unbilled receivables and decrease retained earnings by Accounting Standards Update (“ASU”) No . 2014-09 (Topic 606) “ Revenue from Contracts with Customers .” Reclassification As a result of the Mergers, certain reclassifications of prior period amounts have been made to improve comparability and conform to the current period presentation. Presentation changes were made to the Condensed Consolidated Statements of Operations. In addition, certain reclassifications of prior period data have been made in the Notes to Condensed Consolidated Financial Statements to conform to the current period presentation.

Summary of Significant Accounti

Summary of Significant Accounting Policies	6 Months Ended
	Jun. 30, 2020
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The Company’s significant accounting policies are detailed in "Note 2 - Summary of Significant Accounting Policies" in its Form 10-K for the year ended December 31, 2019. Certain updates to its revenue recognition policy as a result of the Mergers are provided in “Note 3 - Revenue.” Use of Estimates The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. The accounting estimates and assumptions that require management’s most significant, challenging, and subjective judgment include the estimation of licensees’ quarterly royalties prior to receiving the royalty reports, the determination of stand-alone selling price and the transaction price in an arrangement with multiple performance obligations, the estimation of variable consideration, judgment used to estimate the progress toward completion in the Company’s engineering services, the collectability of accounts receivable, other intangible assets and investments, the assessment of the recoverability of goodwill, the assessment of useful lives and recoverability of other intangible assets and long-lived assets, recognition and measurement of current and deferred income tax assets and liabilities, the assessment of unrecognized tax benefits, and purchase accounting resulting from business combinations, among others. Actual results experienced by the Company may differ from management’s estimates. The worldwide spread of the COVID-19 virus has resulted in a global slowdown of economic activity which is likely to reduce the future demand for a broad variety of goods and services, while also disrupting sales channels, marketing activities and supply chains for an unknown period of time until the virus is fully contained. The Company expects this disruption to have a negative impact on its revenue and results of operations, the size and duration of which is currently difficult to predict. The impact of the COVID-19 pandemic and related events, including actions taken by the government in response, have increased market volatility and make the estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes more difficult. As of the date of issuance of the financial statements, the Company is not aware of any specific event or circumstance that would require it to update its estimates, judgments or revise the carrying value of its assets or liabilities. These estimates may change, as new events occur and additional information is obtained, and are recognized in the consolidated financial statements as soon as they become known. Recently Adopted Accounting Pronouncements In September 2016, the Financial Accounting Standards Board (“FASB”) issued Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments Revenue In August 2018, FASB issued ASU 2018-15, “ Intangibles—Goodwill and Other—Internal-Use Software (Subtopic 350-40): Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That Is a Service Contract ” (“ASU 2018-15”) . The Company adopted the standard on January 1, 2020 and applied the prospectively to all implementation costs incurred after the date of adoption. The adoption did not have a material impact on the Company’s consolidated financial Recent Accounting Pronouncements On December 18, 2019, FASB released ASU 2019-12, “ Simplifying the Accounting for Income Taxes ASU 2019-12 is effective for the Company in the first quarter of the year ending December 31, 2021. The Company is in the process of evaluating the impact of the adoption of this new standard on its consolidated financial statements.

Revenue

Revenue	6 Months Ended
	Jun. 30, 2020
Revenue From Contract With Customer [Abstract]
Revenue	NOTE 3 – REVENUE Revenue Recognition General Revenue is recognized when control of the promised goods or services is transferred to a customer in an amount that reflects the consideration the Company expects to receive in exchange for those goods or services, which may include various combinations of goods and services which are generally capable of being distinct and accounted for as separate performance obligations. Revenue is recognized net of sales taxes collected from customers which are subsequently remitted to governmental authorities. In situations where foreign withholding taxes are withheld by the Company’s licensee, revenue is recognized gross of withholding taxes that are remitted directly by the licensee to a local tax authority. Arrangements with Multiple Performance Obligations Some of the Company’s contracts with customers contain multiple performance obligations. For these contracts, the individual performance obligations are separately accounted for if they are distinct. In an arrangement with multiple performance obligations, the transaction price is allocated among the separate performance obligations on a relative stand-alone selling price basis. The determination of stand-alone selling price considers market conditions, the size and scope of the contract, customer and geographic information, and other factors. When observable prices are not available, stand-alone selling price for separate performance obligations is based on the cost-plus-margin approach, considering overall pricing objectives. The allocation of transaction price among performance obligations in a contract may impact the amount and timing of revenue recognized in the Consolidated Statements of Operations during a given period. Contract Modifications Contracts may be modified due to changes in contract specifications or customer requirements. Contract modifications occur when the change in terms either creates new enforceable rights and obligations or changes existing enforceable rights and obligations. The effect of a contract modification for goods and services that are not distinct in the context of the contract on the transaction price is recognized as an adjustment to revenue on a cumulative catch-up basis. Contract modifications that result in goods or services that are distinct from the existing goods or services are accounted for as separate contracts if they are sold at their stand-alone selling price, or otherwise prospectively. Variable Consideration When a contract with a customer includes a variable transaction price, an estimate of the consideration which the Company expects to be entitled to for transferring the promised goods or services is made at contract inception. Depending on the terms of the contract, variable consideration is estimated using either the expected value approach or the most likely value approach. Under either approach to estimating variable consideration, the estimate considers all information (historical, current and forecast) that is reasonably available at contract inception. The amount of variable consideration is estimated at contract inception and updated as additional information becomes available. The estimate of variable consideration is included in the transaction price to the extent it is probable that a significant reversal of cumulative revenue recognized will not occur when the uncertainty associated with the variable consideration is resolved. Subsequent changes in the transaction price resulting from changes in the estimate of variable consideration are allocated to the performance obligations in the contract on the same basis as at contract inception. Certain payments to licensees, retailers and distributors, such as market development funds and revenue shares, are treated as a reduction of the transaction price, and therefore a reduction to revenue, unless the payment is in exchange for a distinct good or service that the licensee, retailer or distributor transfers to the Company. When variable consideration is in the form of a sales-based or usage-based royalty in exchange for a license of IP, or when a license of IP is the predominant item to which the variable consideration relates, revenue is recognized at the later of when the subsequent sale or usage occurs or the performance obligation to which some or all of the sales-based or usage-based royalty has been allocated has been satisfied or partially satisfied. Nature of Goods and Services The following is a discussion of the principal activities from which the Company generates its revenue. License Agreements The Company operates in two business segments. In its Product segment, the Company licenses its audio, imaging, edge-based machine learning and multi-channel video user experience (“UX”) solutions. In its IP Licensing segment, the Company licenses its media patent portfolios (“IP Media licensing”) to Pay-TV, CE manufacturers and other providers of video experiences across various platforms. In addition, the Company licenses its semiconductor technologies and associated patent portfolios (“IP Semiconductor licensing”) to semiconductor manufacturers, fabless companies, foundries and packaging companies. The Company licenses its technologies and portfolios under three revenue models: (i) fixed-fee IP Media licensing, (ii) fixed-fee or minimum guarantee Product or IP Semiconductor licensing, and (iii) per-unit or per-subscriber royalty licenses. Fixed-fee IP Media licensing The Company's long-term fixed-fee IP Media licensing agreements provide its customers with rights to future patented technologies over the term of the agreement that are highly interdependent or highly interrelated to the patented technologies provided at the inception of the agreement. The Company treats these rights as a single performance obligation with revenue recognized on a straight-line basis over the term of the fixed-fee license agreement. At times, the Company enters into license agreements in which a licensee is released from past patent infringement claims or is granted a license to ship an unlimited number of units or for an unlimited number of subscribers over a future period for a fixed fee. In these arrangements, the Company allocates the transaction price between the release for past patent infringement claims and the future license. In determining the stand-alone selling price of the release for past patent infringement claims and the future license, the Company considers such factors as the number of units shipped in the past or the number of past subscribers and the relevant geographies of the shipped units or subscribers, the future number of subscribers or units, as well as the licensing rate the Company generally receives for per subscriber or units shipped in the same geographies. As the release from past patent infringement claims is generally satisfied at execution of the agreement, the transaction price allocated to the release from past patent infringement claims is generally recognized in the period the agreement is executed and the amount of transaction price allocated to the future license is recognized ratably over the future license term. Fixed-fee or minimum guarantee IP Semiconductor or Product licensing The Company enters into IP Semiconductor or Product licenses that have fixed fee or minimum guarantee arrangements, whereby licensees pay a fixed fee for the right to incorporate the Company’s technology in the licensee's products over the license term. In arrangements with a minimum guarantee, the fixed fee component corresponds to a minimum number of units or dollars that the customer must produce or pay, with additional per-unit fees for any units or dollars exceeding the minimum. In most cases, the customer pays the fixed license fee in specified installments over the license term. For both fixed fee and minimum guarantee agreements for IP Semiconductor or Product licensing, the Company recognizes the full fixed fee as revenue at the beginning of the license term, when the licensee has the right to use the IP and begins to benefit from the license. If the contract term of a fixed fee or minimum guarantee arrangement is longer than one year, the Company also considers the scheduled payment arrangements to determine whether a significant financing component exists. In general, if the payment arrangements extend beyond the initial twelve months of the contract, the Company treats a portion of the payments as a significant financing component. The discount rate used for each arrangement reflects the rate that would be used in a separate financing transaction between the Company and the licensee at contract inception and takes into account the credit characteristics of the licensee and market interest rates as of the date of the agreement. As such, the amount of fixed fee revenue recognized at the beginning of the license term will be reduced by the calculated financing component. As payments are received from the licensee, the Company recognizes a portion of the financing component as interest income, reported as other income and expense in the Consolidated Statements of Operations. Per-unit or per-subscriber royalty licenses The Company recognizes revenue from per-unit or per-subscriber royalty licenses in the period in which the licensee's sales or production are estimated to have occurred, which results in an adjustment to revenue when actual sales or production are subsequently reported by the licensee, which is generally in the month or quarter following usage or shipment. The Company generally recognizes revenue from royalty licenses on a per-subscriber per-month model for licenses with service providers and a per-unit shipped or manufactured model for licenses with CE manufacturers. Compliance Audits The Company actively monitors and enforces its IP, including seeking appropriate compensation from customers that have under-reported royalties owed under a license agreement and from third parties that utilize the Company’s intellectual property without a license. As a result of these activities, the Company may, from time to time, recognize revenue from payments resulting from periodic compliance audits of licensees for underreporting royalties incurred in prior periods, as part of a settlement of a patent infringement dispute, or from legal judgments in a license dispute. These recoveries and settlements may cause revenue to be higher than expected during a particular reporting period and such recoveries may not occur in subsequent periods. The Company recognizes revenue from recoveries when a binding agreement has been executed and the Company concludes collection under that agreement is likely. Arrangements with Multiple System Operators for the TiVo Service The Company's arrangements with multiple system operators ("MSOs") typically include software customization and set-up services, associated maintenance and support, limited training, post-contract support, TiVo-enabled DVRs, non-DVR Set-Top Boxes (“STBs”), and the TiVo service. The Company has two types of arrangements with MSOs that include technology deployment and engineering services. In instances where the Company hosts the TiVo service, non-refundable payments received for customization and set-up services are deferred and recognized as revenue ratably over the hosting term. The related cost of such services is capitalized to the extent it is deemed recoverable and amortized to cost of revenue over the same period as the related TiVo service revenue is recognized. The Company estimates the stand-alone selling prices for training, DVRs, non-DVR STBs and maintenance and support based on the price charged in stand-alone sales of the promised good or service. The stand-alone selling price for the TiVo service is determined by considering the size of the MSO and expected volume of deployment, market conditions, competitive landscape, internal costs and total gross margin objectives. For a term license to the TiVo service, the Company receives license fees for the hosted TiVo service on either a per-subscriber per-month basis or a fixed fee. The Company recognizes revenue from per-subscriber per-month licenses during the month the TiVo service is provided to the customer and recognizes revenue from fixed fee licenses ratably over the license period. In arrangements where the Company does not host the TiVo service, which includes engineering services that are essential to the functionality of the licensed technology or involve significant customization or modification of the software, the Company recognizes revenue as progress toward completion is made using an input method based on the ratio of costs incurred to date to total estimated costs of the project. Project costs are primarily labor related to specific activities required for the project. Costs related to general infrastructure or uncommitted platform development are not included in the project cost estimates and are expensed as incurred. Estimating project costs requires forecasting costs, tracking progress toward completion and projecting the remaining effort to complete the project. These estimates are reassessed throughout the term of the arrangement, and revisions to estimates are recognized on a cumulative catch-up basis when the changed conditions become known. Provisions for losses are recorded when estimates indicate it is probable that a loss will be incurred for the contract. The Company generally recognizes revenue from license fees for the TiVo service that the Company does not host on a per-subscriber per-month basis due to the recognition constraint on intellectual property usage-based royalties. Subscription Services Subscription services revenue primarily consists of fees to provide customers with access to one or more of the Company's hosted products such as its iGuide interactive program guide (“IPG”), advanced search and recommendations, metadata and analytics products, including routine customer support. The Company generally receives per-subscriber per-month fees for its iGuide IPG and search and recommendations service and revenue is recorded in the month the customer uses the service. The Company generally receives a monthly or quarterly fee from its metadata or analytics licenses for the right to use the metadata or access its analytics platform and to receive regular updates. Revenue from the Company's metadata and analytics service is recognized ratably over the subscription period. TiVo-enabled DVRs and TiVo Service The Company sells TiVo-enabled DVRs and the related service directly to customers through sales programs via the TiVo.com website and licenses the sale of TiVo-enabled DVRs through a limited number of retailers. All customers have the right to cancel their subscription to the TiVo service within 30 days of subscription activation for a full refund. After the initial subscription period, all customers have various pricing options when they renew their subscription. The transaction price allocated to the DVR is recognized as revenue upon shipment to the customer and the transaction price allocated to the TiVo service is recognized as revenue ratably over the service period. Subscription revenue from lifetime subscriptions are recognized ratably over the estimated useful life of the DVR associated with the subscription. The estimated useful life for a DVR depends on a number of assumptions, including, but not limited to, customer retention rates, the timing of new product introductions and historical experience. The Company periodically reassesses the estimated useful life of a DVR. When the actual useful life of the DVR materially differs from the Company's estimate, the estimated useful life of the DVR is adjusted, which could result in the recognition of revenue over a longer or shorter period of time. Significant Judgments Determining whether promises to transfer multiple goods and services in contracts with customers are considered distinct performance obligations that should be accounted for separately requires significant judgment, including related to the level of integration and interdependency between the performance obligations. In addition, judgment is necessary to allocate the transaction price to the distinct performance obligations, including whether there is a discount or significant financing component to be allocated based on the relative stand-alone selling price of the various performance obligations. Significant judgment is required to determine the stand-alone selling price for each distinct performance obligation when an observable price is not available. In instances where stand-alone selling price is not directly observable, such as when the Company does not sell the good or service separately, the stand-alone selling price is determined using a range of inputs that includes market conditions and other observable inputs. More than one stand-alone selling price may exist for individual goods and services due to the stratification of those goods and services, considering attributes such as the size of the customer and geographic region. Due to the nature of the work required to be performed on some performance obligations, significant judgment may be required to determine the transaction price. It is common for the Company's license agreements to contain provisions that can either increase or decrease the transaction price. These variable amounts are generally estimated based on usage. In addition to estimating variable consideration, significant judgment is necessary to identify forms of variable consideration, determine whether the variable consideration relates to a sales-based or usage-based royalty of intellectual property and determine whether, and when to include estimates of variable consideration in the transaction price. For certain licensees, royalty revenue is generated based on a licensee’s production or shipment of licensed products incorporating the Company’s intellectual property, technologies or software. Licensees with a per-unit or per-subscriber arrangement pay a per-unit royalty for each product manufactured or sold, or for each subscriber, as set forth in its license agreement. Licensees generally report manufacturing, sales or subscriber information in the month or quarter subsequent to when the production, shipment or subscription activity takes place. The Company estimates the royalties earned each quarter based on its forecast of manufacturing and sales activity by its licensees in that quarter. Any differences between actual royalties owed by a licensee and the Company’s estimate are recognized when the licensee’s royalty report is received. Estimating licensees’ quarterly royalties prior to receiving the royalty reports requires the Company to make significant assumptions and judgments related to forecasted trends and growth rates used to estimate quantities manufactured, shipped or subscribed by licensees, which could have a material impact on the amount of revenue recognized . Some hardware products are sold with a right of return and, in certain circumstances, credits or incentives may be provided to customers or resellers at the time of sale. Such credits and incentives are accounted for as variable consideration and recognized as a reduction to revenue. Estimates of returns, credits and incentives are made at contract inception and updated each reporting period. In contracts where the Company does not host the TiVo service and that include engineering services that are essential to the functionality of the licensed technology or involve significant customization or modification of software, or where the Company provides non-recurring engineering (“NRE”) services, the Company recognizes revenue as progress toward completion occurs using an input method based on the ratio of costs incurred to date to total estimated costs of the project. Significant judgment is required to estimate the remaining effort to complete the project. These estimates are reassessed throughout the term of the arrangement. Management evaluates its estimates, inputs and assumptions related to revenue recognition on an ongoing basis. The use of different estimates, inputs or assumptions may materially affect the reported amounts of assets and liabilities as of the date of the financial statements and the results of operations for the reporting period. Practical Expedients and Exemptions The Company applies a practical expedient to not perform an evaluation of whether a contract includes a significant financing component when the timing of revenue recognition differs from the timing of cash collection by one year or less. The Company applies a practical expedient to expense costs to obtain a contract with a customer as incurred as a component of selling, general and administrative expenses when the amortization period would have been one year or less. The Company applies a practical expedient when disclosing revenue expected to be recognized from unsatisfied performance obligations to exclude contracts with customers with an original duration of less than one year; contracts for which revenue is recognized based on the amount which the Company has the right to invoice for services performed and amounts attributable to variable consideration arising from (i) a sales-based or usage-based royalty of an intellectual property license or (ii) when variable consideration is allocated entirely to a wholly unsatisfied performance obligation; or to a wholly unsatisfied promise to transfer a distinct good or service that forms part of a single performance obligation. For additional detail on the Company's revenue disaggregated by geographic location, refer to Note 16 – “ Segment and Geographic Information Contract Balances Contracts Assets Contract assets primarily consist of unbilled contracts receivable that are expected to be received from customers in future periods, where the revenue recognized to date (or cumulative adjustments to retained earnings in the initial period of adopting Topic 606) exceeds the amount billed. The amount of unbilled contracts receivable may not exceed their net realizable value and are classified as long-term assets if the payments are expected to be received more than one year from the reporting date. Contract assets also include the incremental costs of obtaining a contract with a customer, principally sales commissions when the renewal commission is not commensurate with the initial commission, and deferred engineering costs for significant software customization or modification and set-up services to the extent deemed recoverable. Contract assets were recorded in the Condensed Consolidated Balance Sheets as follows (in thousands): June 30, 2020 December 31, 2019 Unbilled contracts receivable $ 184,101 $ 121,826 Other current assets 331 — Long-term unbilled contracts receivable 20,582 26,672 Other long-term assets 671 — Total contract assets $ 205,685 $ 148,498 Contract Liabilities Contract liabilities are mainly comprised of deferred revenue related to consumer lifetime subscriptions for the TiVo service, multi-period licensing or cloud-based services, and other offerings for which the Company is paid in advance while the promised good or service is transferred to the customer at a future date or over time. Deferred revenue also includes amounts received related to professional services to be performed in the future. Deferred revenue arises when cash payments are received, including amounts which are refundable, in advance of performance obligations being completed. Allowance for Credit Losses The allowance for credit losses, which includes the allowance for accounts receivable and unbilled contracts receivable, represents the Company’s best estimate of lifetime expected credit losses inherent in those financial assets. The Company’s lifetime expected credit losses are determined using relevant information about past events (including historical experience), current conditions, and reasonable and supportable forecasts that affect collectability. The Company monitors its credit exposure through ongoing credit evaluations of its customers’ financial condition and limits the amount of credit extended when deemed necessary. In addition, the Company performs routine credit management activities such as timely account reconciliations, dispute resolution, and payment confirmations. The Company may employ collection agencies and legal counsel to pursue recovery of defaulted receivables. The Company’s long-term unbilled contracts receivable is derived from fixed-fee or minimum-guarantee arrangements, primarily with large well-capitalized companies. It is considered to be of high credit quality due to past collection history and the nature of the customers. The following table presents the activity in the allowance for credit losses for the three and six months ended June 30, 2020 (in thousands): Three Months Ended June 30, 2020 Six Months Ended June 30, 2020 Accounts Receivable Unbilled Contracts Receivable Accounts Receivable Unbilled Contracts Receivable Beginning balance $ 2,226 $ 283 $ 566 $ — Provision for credit loss expense 299 74 2,228 (1) 357 Recoveries/charged-off (56 ) — (325 ) — Balance at end of period $ 2,469 $ 357 $ 2,469 $ 357 (1) The increase in provision for credit loss expense was based on assessment of current conditions including the COVID-19 pandemic and anticipation of delayed or delinquent payments on existing accounts receivable as a result of declining financial health and liquidity positions of certain of the Company’s customers. Additional Disclosures Under Topic 606 The following table presents additional revenue and contract disclosures (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2020 2019 2020 2019 Revenue recognized in the period from: Amounts included in deferred revenue at the beginning of the period $ 796 $ 2,124 $ 620 $ 3,167 Performance obligations satisfied in previous periods (true ups, licensee reporting adjustments and settlements)* $ 7,078 $ 2,472 $ 54,222 $ 3,637 *True ups represent the differences between the Company’s quarterly estimates of per unit royalty revenue and actual production/sales-based royalties reported by licensees in the following period. Licensee reporting adjustments represent corrections or revisions to previously reported per unit royalties by licensees, generally resulting from the Company’s inquiries or compliance audits. Settlements represent resolutions of litigation during the period for past royalties owed pursuant to expired or terminated IP license agreements. Remaining revenue under contracts with performance obligations represents the aggregate amount of the transaction price allocated to the performance obligations that are unsatisfied (or partially unsatisfied) under the Company’s engineering services contracts. The Company's remaining revenue under contracts with performance obligations was as follows (in thousands) : As of June 30, 2020 December 31, 2019 Revenue from contracts with performance obligations expected to be satisfied in: 2020 (remaining 6 months) $ 92,742 $ 5,337 2021 130,154 990 2022 93,047 345 2023 84,773 — 2024 72,738 — Thereafter 70,977 — Total $ 544,431 $ 6,672

Composition of Certain Financia

Composition of Certain Financial Statement Captions	6 Months Ended
	Jun. 30, 2020
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Composition of Certain Financial Statement Captions	NOTE 4 – COMPOSITION OF CERTAIN FINANCIAL STATEMENT CAPTIONS Other current assets consisted of the following (in thousands): June 30, 2020 December 31, 2019 Prepaid income taxes $ 4,161 $ 2,364 Prepaid expenses 22,426 8,802 Inventory 3,097 100 Other 6,678 2,469 $ 36,362 $ 13,735 Property and equipment, net, consisted of the following (in thousands): June 30, 2020 December 31, 2019 Equipment, furniture and other $ 57,308 $ 32,504 Building and improvements 18,309 18,258 Land 5,300 5,300 Leasehold improvements 26,053 8,103 106,970 64,165 Less: accumulated depreciation and amortization (35,945 ) (31,288 ) $ 71,025 $ 32,877 Accrued liabilities consisted of the following (in thousands): June 30, 2020 December 31, 2019 Employee compensation and benefits $ 29,192 $ 18,404 Accrued expenses 25,748 7,930 Current portion of operating lease liabilities 18,017 5,845 Accrued severance 8,784 — Third-party royalties 3,806 6,165 Other 19,821 3,089 $ 105,368 $ 41,433 Other long-term liabilities consisted of the following (in thousands): June 30, 2020 December 31, 2019 Long-term income tax payable $ 92,941 $ 76,767 Other 3,299 131 $ 96,240 $ 76,898 Accumulated other comprehensive income (loss) consisted of the following (in thousands): June 30, 2020 December 31, 2019 Foreign currency translation adjustment, net of tax $ 155 $ — Unrealized gain (loss) on available-for-sale debt securities, net of tax 15 (53 ) $ 170 $ (53 ) Other income and expense, net, consisted of the following (in thousands): Three Months Ended, Six Months Ended, June 30, 2020 June 30, 2019 June 30, 2020 June 30, 2019 Interest income from significant financing components under Topic 606 $ 721 $ 1,854 $ 1,696 $ 3,720 Interest income from investments 307 682 792 1,282 Unrealized/realized gain (loss) on marketable equity securities 26 2,032 (707 ) 1,622 Other income/(expense), net (476 ) 238 (638 ) 484 $ 578 $ 4,806 $ 1,143 $ 7,108

Financial Instruments

Financial Instruments	6 Months Ended
	Jun. 30, 2020
Investments Debt And Equity Securities [Abstract]
Financial Instruments	NOTE 5 – FINANCIAL INSTRUMENTS The Company has investments in debt securities which include corporate bonds and notes, treasury and agency notes and bills, commercial paper, certificates of deposit, and in equity securities consisting of money market funds. The Company classifies its debt securities as available-for-sale (“AFS”), which are accounted for at fair value with credit related losses recognized as a provision for credit loss expense in its Condensed Consolidated Statements of Operations and all non-credit related unrealized gains and losses recognized in accumulated other comprehensive income or loss on the Condensed Consolidated Balance Sheets. Under ASU 2016-01 (Topic 321), equity securities are measured at fair value with unrealized gains and losses recognized in other income and expense, net, on the Condensed Consolidated Statements of Operations. The following is a summary of marketable securities at June 30, 2020 and December 31, 2019 (in thousands): June 30, 2020 Cost Gross Unrealized Gains Gross Unrealized Losses Allowance for Credit Losses Estimated Fair Values Marketable securities Corporate bonds and notes $ 25,476 $ 89 $ (1 ) $ — $ 25,564 Total debt securities 25,476 89 (1 ) — 25,564 Money market funds 91,551 — — — 91,551 Total equity securities 91,551 — — — 91,551 Total marketable securities $ 117,027 $ 89 $ (1 ) $ — $ 117,115 Reported in: Cash and cash equivalents $ 91,551 Available-for-sale debt securities 25,564 Total marketable securities $ 117,115 December 31, 2019 Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair Values Marketable securities Corporate bonds and notes $ 41,730 $ 29 $ (13 ) $ 41,746 Commercial paper 4,052 4 — 4,056 Total debt securities 45,782 33 (13 ) 45,802 Money market funds 2,601 — — 2,601 Marketable equity securities 3,405 — (2,281 ) 1,124 Total equity securities 6,006 — (2,281 ) 3,725 Total marketable securities $ 51,788 $ 33 $ (2,294 ) $ 49,527 Reported in: Cash and cash equivalents $ 2,601 Available-for-sale debt securities 45,802 Equity securities 1,124 Total marketable securities $ 49,527 At June 30, 2020 and December 31, 2019, the Company had $199.6 million and $121.5 million, respectively, in cash, cash equivalents and short-term investments. These balances include $82.5 million and $72.0 million in cash held in operating accounts not included in the tables above at June 30, 2020 and December 31, 2019, respectively. Debt Securities The gross realized gains and losses on sales of marketable debt securities were not significant during the three and six months ended June 30, 2020 and 2019, respectively. Unrealized gain and loss on marketable debt securities were $0.1 million and $0.1 million, net of tax, as of June 30, 2020 and December 31, 2019, respectively. The Company evaluated whether the decline in fair value has resulted from credit losses or other factors and concluded these amounts were related to temporary fluctuations in value of AFS securities and were due primarily to changes in interest rates and market conditions of the underlying securities. In addition, the contractual terms of those investments do not permit the issuer to settle the securities at a price less than the amortized cost bases of the investments. The Company does not intend to sell the debt securities and it is more-likely-than-not that it will not be required to sell the investments before recovery of their amortized cost bases. The Company did not recognize a provision for credit loss expense related to its AFS debt securities for the three and six months ended June 30, 2020, respectively. No impairment charges were recorded on the AFS debt securities for the three and six months ended June 30, 2019, respectively. The following table summarizes the fair value and gross unrealized losses related to individual AFS debt securities at June 30, 2020 and December 31, 2019, which have been in a continuous unrealized loss position, aggregated by investment category and length of time (in thousands): Less Than 12 Months 12 Months or More Total June 30, 2020 Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses Corporate bonds and notes $ 2,015 $ — $ 6,194 $ (1 ) $ 8,209 $ (1 ) Total $ 2,015 $ — $ 6,194 $ (1 ) $ 8,209 $ (1 ) Less Than 12 Months 12 Months or More Total December 31, 2019 Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses Corporate bonds and notes $ 20,031 $ (10 ) $ 8,753 $ (3 ) $ 28,784 $ (13 ) Total $ 20,031 $ (10 ) $ 8,753 $ (3 ) $ 28,784 $ (13 ) The estimated fair value of marketable debt securities by contractual maturity at June 30, 2020 is shown below (in thousands). Actual maturities may differ from contractual maturities because issuers may have the right to call or prepay obligations without penalties. Estimated Fair Value Due in one year or less $ 22,533 Due in one to two years 3,031 Total $ 25,564 Equity Securities On September 19, 2018, the Company purchased 7.0 million common shares of Onkyo Corporation (“Onkyo”), a publicly traded Japanese company and a long-standing customer of the Company, pursuant to the Capital Alliance Agreement (“Agreement”) entered into between the two parties on September 3, 2018. Upon making the investment, the Company held a 6.3% ownership interest in Onkyo. Due to changes in business expectations, the Company determined not to continue discussions on the business alliance. In July 2019, the Company sold approximately 2.8 million shares of Onkyo stock and realized a gain of $0.9 million. Under Topic 321, the Company had recognized cumulative unrealized losses of $2.3 million on the Onkyo investment through December 31, 2019. In June 2020, the Company liquidated the remaining 4.2 million shares of Onkyo stock and realized an insignificant amount of gain in the three months ended June 30, 2020. Realized loss was $0.7 Non-marketable Equity Securities Investments in non-marketable equity securities are accounted for using either the equity method or the cost method. Investments in entities over which the Company has the ability to exercise significant influence, but does not hold a controlling interest, are accounted for using the equity method. Under the equity method, the Company records its proportionate share of income or loss in other income and expense, net, in the Condensed Consolidated Statements of Operations. Investments in entities over which the Company does not have the ability to exercise significant influence are accounted for using the cost method. The Company monitors its non-marketable securities portfolio for potential impairment. When the carrying amount of an investment in a non-marketable security exceeds its fair value and the decline in fair value is determined to be other-than-temporary, the loss is recorded in other income and expense, net, in the Condensed Consolidated Statements of Operations. Upon merging with TiVo on June 1, 2020, the Company assumed certain investments in non-marketable equity. As of June 30, 2020, other long-term assets included equity securities accounted for under the equity method with a carrying amount of $3.8 million and equity securities without a readily determinable fair value with a carrying amount of $0.1 million, respectively. No impairments or adjustments to the carrying amount of the Company's equity securities without a readily determinable fair value were recognized in the three months ended June 30, 2020. The Company had no investments in non-marketable equity prior to June 1, 2020. Derivatives From time to time, the Company may use derivative financial instruments to manage foreign currency exchange rate risk. The Company does not enter into derivative transactions for trading purposes. Cash flows from the derivative programs are classified as cash flows from operating activities in the Condensed Consolidated Statements of Cash Flows. The Company’s derivative financial instruments consist of deliverable and non-deliverable foreign currency forward contracts, which are used primarily to hedge balance sheet and certain expenditure exposures. These instruments are generally short-term in nature, with typical maturities of less than one year, and are subject to fluctuations in foreign exchange rates. Fair values for derivative financial instruments are based on prices computed using third-party valuation models and are classified as Level 2 in accordance with the three-level hierarchy of fair value measurements. All significant inputs to the third-party valuation models are observable in active markets. Inputs include current market-based parameters such as forward rates, yield curves and credit default swap pricing. For additional information related to the three-level hierarchy of fair value measurements, see “Note 6 – Fair Value.” Under the Company’s policy election, derivative contracts are not designated as hedge instruments, and are measured and reported at fair value. Changes in the fair value of these undesignated derivatives are reported in other income and expense, net, on the Condensed Consolidated Statements of Operations. Realized or unrealized gain or losses were not significant in the three and six months ended June 30, 2020 and 2019. There were no derivative instruments outstanding as of June 30, 2020 .

Fair Value

Fair Value	6 Months Ended
	Jun. 30, 2020
Fair Value Disclosures [Abstract]
Fair Value	NOTE 6 – FAIR VALUE The Company follows the authoritative guidance for fair value measurement and the fair value option for financial assets and financial liabilities. Fair value is defined as the exchange price that would be received for an asset or paid to transfer a liability, or an exit price, in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. The established fair value hierarchy requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. There are three levels of inputs that may be used to measure fair value: Level 1 Quoted prices in active markets for identical assets. Level 2 Observable market-based inputs or unobservable inputs that are corroborated by market data. Level 3 Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets. Level 3 assets and liabilities include financial instruments whose value is determined using pricing models, discounted cash flow methodologies, or similar techniques, as well as instruments for which the determination of fair value requires significant management judgment or estimation. When applying fair value principles in the valuation of assets, the Company is required to maximize the use of quoted market prices and minimize the use of unobservable inputs. The Company calculates the fair value of its Level 1 and Level 2 instruments based on the exchange traded price of similar or identical instruments, where available, or based on other observable inputs. There were no significant transfers into or out of Level 1 or Level 2 that occurred between December 31, 2019 and June 30, 2020. The following sets forth the fair value, and classification within the hierarchy, of the Company’s assets required to be measured at fair value on a recurring basis as of June 30, 2020 (in thousands): Fair Value Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Assets Marketable securities Money market funds - equity securities (1) $ 91,551 $ 91,551 $ — $ — Corporate bonds and notes - debt securities (2) 25,564 — 25,564 — Total Assets $ 117,115 $ 91,551 $ 25,564 $ — (1) Reported as cash and cash equivalents in the Condensed Consolidated Balance Sheet. (2) Reported as AFS debt securities in The following sets forth the fair value, and classification within the hierarchy, of the Company’s assets required to be measured at fair value on a recurring basis as of December 31, 2019 (in thousands): Fair Value Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Assets Marketable securities Money market funds - equity securities (1) $ 2,601 $ 2,601 $ — $ — Marketable equity securities (2) 1,124 1,124 — — Commercial paper - debt securities (3) 4,056 — 4,056 — Corporate bonds and notes - debt securities (3) 41,746 — 41,746 — Total Assets $ 49,527 $ 3,725 $ 45,802 $ — (1) Reported as cash and cash equivalents in the Condensed Consolidated Balance Sheet. (2) Reported as equity securities in the Condensed Consolidated Balance Sheet. (3) Reported as AFS debt securities in Financial Instruments Not Recorded at Fair Value on a Recurring Basis The Company’s long-term debt is carried at amortized cost and is measured at fair value on a quarterly basis for disclosure purposes. June 30, 2020 December 31, 2019 Carrying Amount Estimated Fair Value Carrying Amount Estimated Fair Value 2020 Term B Loan Facility (1) $ 1,011,035 $ 958,535 $ — $ — 2021 Convertible Notes 48 48 — — 2018 Amended Term B Loan (1) — — 334,679 335,642 Total long-term debt, net $ 1,011,083 $ 958,583 $ 334,679 $ 335,642 (1) Carrying amounts of long-term debt are net of unamortized debt issuance costs of $39.0 million and $9.3 million as of June 30, 2020 and December 31, 2019, respectively. Debt If reported at fair value in the Condensed Consolidated Balance Sheets, the Company’s debt would be classified within Level 2 of the fair value hierarchy. The fair value of the debt was estimated based on the quoted market prices for the same or similar issues . Non-recurring Fair Value Measurements For purchase accounting related fair value measurements, see “Note 7 – Business Combination.”

Business Combination

Business Combination	6 Months Ended
	Jun. 30, 2020
Business Combinations [Abstract]
Business Combination	NOTE 7 – BUSINESS COMBINATION Effective June 1, 2020, Xperi and TiVo completed the previously announced merger of equals transaction (the “Merger”) contemplated by the Agreement and Plan of Merger and Reorganization, dated as of December 18, 2019, as amended on January 31, 2020, (the “Merger Agreement”), by and among Xperi, TiVo, XRAY-TWOLF HoldCo Corporation (“Xperi Holding”), XRAY Merger Sub Corporation (“Xperi Merger Sub”) and TWOLF Merger Sub Corporation (“TiVo Merger Sub”). Immediately prior to the consummation of the Merger, Xperi Holding changed its name to “Xperi Holding Corporation” (the “Company”). Pursuant to the Merger Agreement, (i) Xperi Merger Sub was merged with and into Xperi, with Xperi surviving the merger as a subsidiary of Xperi Holding Corporation (the “Xperi Merger”) and (ii) TiVo Merger Sub was merged with and into TiVo, with TiVo surviving the merger as a subsidiary of Xperi Holding Corporation (the “TiVo Merger” and together with the Xperi Merger, the “Mergers”). Immediately following the consummation of the Mergers, each of Xperi and TiVo became wholly-owned subsidiaries of the Company. Upon completion of the Xperi Merger, each share of common stock, par value $0.001 per share, of Xperi (the “Xperi Common Stock”) (excluding any shares of Xperi Common Stock that were held in treasury immediately prior to the effective time of the Xperi Merger, which were automatically canceled and retired for no consideration) was converted into the right to receive one fully paid and non-assessable share of common stock, par value $0.001 per share, of the Company (“Company Common Stock”). Upon completion of the TiVo Merger, (i) each share of common stock, par value $0.001 per share, of TiVo (the “TiVo Common Stock”) (excluding any shares of TiVo Common Stock that were held in treasury immediately prior to the effective time of the TiVo Merger, which were automatically canceled and retired for no consideration) was converted into the right to receive 0.455 fully paid and non-assessable shares of common stock of the Company (the “Exchange Ratio”), in addition to cash in lieu of any fractional shares of the Company Common Stock. As provided in the Merger Agreement, at the effective time of the Mergers, (i) all options, restricted shares, restricted stock unit awards and other equity awards relating to shares of Xperi Common Stock outstanding immediately prior to the effective time of the Mergers were generally automatically converted into options, restricted shares, restricted stock unit awards and other equity awards, respectively, relating to shares of Company Common Stock after giving effect to appropriate adjustments to reflect the Mergers and otherwise generally on the same terms and conditions as applied under the applicable plans and award agreements immediately prior to the effective time of the Mergers, and (ii) all options, restricted shares, restricted stock unit awards and other equity awards relating to shares of TiVo Common Stock that were outstanding immediately prior to the effective time of the Mergers (including Exchange Ratio) were generally automatically converted into options, restricted stock unit awards, restricted shares and other equity awards, respectively, relating to shares of Company Common Stock after giving effect to appropriate adjustments to reflect the Mergers and otherwise generally on the same terms and conditions as applied under the applicable plans and award agreements immediately prior to the effective time of the Mergers. Following the Mergers, Xperi Common Stock and TiVo Common Stock were delisted from the Nasdaq Global Select Market (“Nasdaq”) and deregistered under the Securities Exchange Act of 1934, as amended. Since June 2, 2020, the shares of the Company’s common stock have been listed for trading on Nasdaq under the ticker symbol “XPER.” The Mergers created a leading consumer and entertainment technology and IP licensing company. The Company’s IP business includes one of the industry’s largest and most successful IP portfolios licensed to a diverse base of customers. On the product side, the Company offers a seamless end-to-end entertainment experience from creation to consumption; with greater scale, technology depth and breadth, and a platform relevant to one of the biggest challenges consumers of entertainment face today – how to quickly and easily find, watch and enjoy entertainment. The Company currently contemplates and may pursue, subject to the receipt of approval by the Company’s board and any required regulatory approvals, a separation of the Company’s product business and IP licensing business through a tax-efficient transaction, resulting in two independent, publicly traded companies. The contemplated business separation is not expected to take place earlier than the first quarter of 2021. Merger Consideration The merger consideration of $828.3 million was calculated as follows (amounts in thousands except exchange ratio and share price): TiVo common shares outstanding as of June 1, 2020 128,132 TiVo exchange ratio 0.455 Xperi Holding Corporation common stock issued in exchange 58,300 Xperi Common Stock closing share price on June 1, 2020 $ 14.00 $ 816,201 Fair value of replaced TiVo equity awards relating to pre-acquisition vesting of the equity award holders’ requisite service periods 12,133 Total merger consideration $ 828,334 Assumed TiVo Equity Awards In connection with the Mergers, the Company assumed unvested TiVo equity incentive awards with a fair value of $34.1 million, of which $12.1 million related to pre-acquisition services and was included in the purchase price, and $22.0 million related to post-acquisition services. The Company valued the restricted stock units at the Company’s closing stock price and stock options using a Black-Scholes pricing model as of the date of acquisition. The fair value relating to post-acquisition services will be amortized as stock-based compensation expense over an estimated weighted average remaining service period of 2.5 years. Preliminary Purchase Price Allocation Based on an evaluation of the provisions of ASC 805, “Business Combinations,” Xperi was determined to be the accounting acquirer in the Mergers. The Company has applied the acquisition method of accounting that requires, among other things, that identifiable assets acquired and liabilities assumed generally be recognized on the balance sheet at fair value as of the acquisition date. In determining the fair value, the Company utilized various forms of the income, cost and market approaches depending on the asset or liability being fair valued. The estimation of fair value required significant judgment related to future net cash flows (including revenue, operating expenses, and working capital), discount rates reflecting the risk inherent in each cash flow stream, competitive trends, market comparables and other factors. Inputs were generally determined by taking into account historical data (supplemented by current and anticipated market conditions) and growth rates. The table below presents the preliminary fair value that was allocated to TiVo's assets and liabilities based upon fair values as determined by the Company. The initial allocation of the purchase price was based on preliminary valuations and assumptions and is subject to change within the measurement period, including current indirect taxes payable, current and non-current income taxes payable and deferred taxes as additional information is received and tax returns are finalized. The Company expects to finalize the allocation of the purchase price within the measurement period. Final determination of the fair values may result in further adjustments to the values presented in the following table ($ in thousands): Estimated Useful Life (years) Estimated Fair Value Cash and cash equivalents $ 117,424 Accounts receivable 105,778 Unbilled contracts receivable 69,058 Other current assets 21,690 Long-term unbilled contracts receivable 129 Property and equipment 41,307 Operating lease right-of-use assets 71,444 Identifiable intangible assets: Patents 10 457,400 Customer contracts and related relationships 4-9 358,200 Developed technology 5 34,800 Content database 9 6,200 Trademarks and tradenames N/A 21,400 Total identifiable intangible assets 878,000 Goodwill 461,129 Other long-term assets 43,700 Accounts payable (13,258 ) Accrued legal fees (5,619 ) Accrued liabilities (79,071 ) Current portion of deferred revenue (29,291 ) Current portion of long-term debt (734,609 ) Deferred revenue, less current portion (24,319 ) Long-term deferred tax liabilities (27,949 ) Long-term debt (48 ) Noncurrent operating lease liabilities (59,291 ) Other long-term liabilities (7,870 ) Total purchase price $ 828,334 The following is a description of the methods used to determine the fair values of significant assets and liabilities. Identifiable Intangible Assets Identifiable intangible assets primarily consist of patents, developed technology, customer relationships, trademarks and tradenames, and content database. The fair value of intangibles was based on valuations using assumptions developed by management and other information compiled by management including, but not limited to, discounted future expected cash flows. The fair value of certain customer relationships was calculated by comparing the estimated value with customer relationships in place against the value without those customer relationships in place. The fair value of intangibles relies heavily on projected future net cash flows including, but not limited to, key assumptions for revenue, operating expenses and working capital. The discount rates used for intangible assets are based on current market rates and reflect the risk inherent in each cash flow stream. The estimated useful life reflects the time period in which the Company expects to receive the benefits of the related cash flows. Discounted future expected cash flows and other management estimates are based on significant unobservable inputs and, as a result, the intangible assets acquired would be presented in Level 3 of the fair value hierarchy. Long-term Debt On the Merger date, TiVo had outstanding debt under the 2019 Term Loan Facility Agreement (“TiVo 2019 Term Loan”), pursuant to which TiVo was required to pay a 3.0% prepayment premium if the loan was prepaid on or prior to November 22, 2020. Under the 2019 Term Loan Facility Agreement, the Mergers triggered certain change of control conditions that constitute an event of default, thus requiring the debt to be paid immediately following the consummation of the Mergers. In connection with the consummation of the Mergers, the Company, on June 1, 2020, paid the full amount of the outstanding loan balance, including the 3.0% prepayment penalty. See “Note 9 – Debt” for additional information. Fair value of the TiVo 2019 Term Loan was measured based on the par value of principal outstanding plus prepayment premium, which is equal to the amount that was paid by Xperi immediately following the consummation of the Mergers. The fair value of the TiVo 2019 Term Loan would be classified in Level 2 of the fair value hierarchy. Goodwill The excess of the consideration transferred over the fair value of assets acquired and liabilities assumed was recognized as goodwill. The goodwill is generated from operational synergies and cost savings the Company expects to achieve from the combined operations, as well as the expected benefits from future technologies that do not meet the definition of an identifiable intangible asset and TiVo’s knowledgeable and experienced workforce. See Note 8 for the allocation of goodwill to the reportable segments. Of the total goodwill acquired, $16.4 million is expected to be deductible for tax purposes; the remainder of the goodwill is not expected to be deductible for tax purposes. TiVo Results of Operations TiVo’s results of operations and cash flows have been included in the Company’s condensed consolidated financial statements for periods subsequent to June 1, 2020, and TiVo’s assets and liabilities were recorded at their estimated fair values in the Company’s Condensed Consolidated Balance Sheets as of June 1, 2020. For the three and six months ended June 30, 2020, TiVo contributed $52.8 million of revenue and $9.5 million of net loss, respectively, to the financial results of the Company. Transaction and Severance Costs In connection with the Mergers, the Company incurred significant one-time expenses in the first two quarters of 2020 such as transaction costs (e.g. bankers fees, legal fees, consultant fees, etc.), severance costs as a result of synergistic headcount reductions as a result of the Mergers and stock-based compensation expense resulting from the contractually-required acceleration of equity instruments for departing executives. Total transaction costs amounted to $24.4 million and $27.5 million for the three and six months ended June 30, 2020, respectively. Post-merger severance and stock-based compensation expense resulting from the acceleration of equity instruments was $6.7 million and $1.5 million, respectively, for the three months ended June 30, 2020. The Company may incur additional expenses for severance and retention, and the impairment of right-of-use assets due to facilities consolidation in future quarters, although no further actions have been determined as of June 30, 2020. Supplemental Pro Forma Information The following unaudited pro forma financial information assumes the companies were combined as of January 1, 2019. The unaudited pro forma financial information as presented below is for informational purposes only and is based on estimates and assumptions that have been made solely for purposes of developing such pro forma information. This is not necessarily indicative of the results of operations that would have been achieved if the Mergers had taken place on January 1, 2019, nor is it necessarily indicative of future results. Consequently, actual results could differ materially from the unaudited pro forma financial information presented below. The following table presents the pro forma operating results as if TiVo had been included in the Company's Condensed Consolidated Statements of Operations as of January 1, 2019 (unaudited, in thousands): Three Months Ended Six Months Ended June 30, 2020 June 30, 2019 June 30, 2020 June 30, 2019 Revenue $ 230,983 $ 249,485 $ 505,878 $ 462,278 Net income (loss) attributable to Xperi Holding Corporation $ 32,445 $ (18,610 ) $ (123,009 ) $ (137,533 ) The unaudited supplemental pro forma information above includes the estimated impact of purchase accounting and other material, nonrecurring adjustments directly attributable to the Mergers. These pro forma adjustments primarily include the following (in thousands): Three Months Ended Six Months Ended June 30, 2020 June 30, 2019 June 30, 2020 June 30, 2019 Estimated increase (decrease) to earnings due to revenue adjustments resulting from purchase accounting $ (2,192 ) $ (1,802 ) $ (4,823 ) $ (3,811 ) Estimated increase (decrease) to earnings to adjust for transaction costs incurred in connection with the Mergers $ 25,677 $ — $ 30,202 $ (20,284 ) Estimated increase (decrease) to earnings to adjust for stock-based compensation expense relating to certain TiVo equity awards $ 2,901 $ 385 $ 3,436 $ (1,784 ) Estimated increase (decrease) to earnings to adjust for severance costs incurred in connection with the Mergers $ 6,663 $ (12 ) $ 6,663 $ (7,802 ) Estimated increase (decrease) to earnings to reflect payoff of historical debt and issuance of new debt financing in connection with the Mergers $ 12,023 $ (2,643 ) $ 20,752 $ (16,708 ) Estimated increase (decrease) to earnings due to pro forma adjustments for income taxes (1)(2) $ 22,931 $ 1,210 $ 16,257 $ (19,277 ) (1) For the three and six months ended June 30, 2020, the pro forma tax adjustments primarily reflect the recognition by TiVo of a refund request of South Korean withholding taxes prior to the Mergers in the quarter ended June 30, 2020. (2) For the three and six months ended June 30, 2019, the pro forma tax adjustments relate primarily to the alignment of TiVo’s methodology for interim period accounting for income taxes to Xperi's methodology, as well as the assumption that the combined company placed a valuation allowance on its federal and state deferred tax assets prior to 2019. The unaudited supplemental pro forma information above does not include any cost saving synergies from operating efficiencies.

Goodwill and Identified Intangi

Goodwill and Identified Intangible Assets	6 Months Ended
	Jun. 30, 2020
Goodwill And Intangible Assets Disclosure [Abstract]
Goodwill and Identified Intangible Assets	NOTE 8 – GOODWILL AND IDENTIFIED INTANGIBLE ASSETS In connection with the TiVo Merger, the Company recorded $461.1 million of goodwill, representing the preliminary fair value as of the effective date of the Mergers. Goodwill resulting from the Mergers was assigned to reporting units based on the acquisition method of accounting and is considered provisional. The following table reflects the carrying amounts of goodwill by reportable segment (in thousands): Product IP Licensing Total December 31, 2019 $ 378,084 $ 7,700 $ 385,784 Goodwill acquired through the Mergers (1) 146,061 315,068 461,129 June 30, 2020 $ 524,145 $ 322,768 $ 846,913 (1) Final determination of the goodwill value assignment may result in adjustments to the preliminary value recorded. See “Note 7 – Business Combination” for additional details . Goodwill at each reporting unit is evaluated for potential impairment annually, as of the beginning of the fourth quarter, and whenever events or changes in circumstances indicate the carrying amount of goodwill may not be recoverable. Immediately before and after the goodwill assignments, the Company completed an assessment of any potential goodwill impairment and determined that no impairment existed. Identified intangible assets consisted of the following (in thousands): Average June 30, 2020 December 31, 2019 Life (Years) Gross Assets Accumulated Amortization Net Gross Assets Accumulated Amortization Net Finite-lived intangible assets Acquired patents / core technology (1) 3-15 $ 609,084 $ (141,993 ) $ 467,091 $ 151,184 $ (135,952 ) $ 15,232 Existing technology / content database (2) (3) 5-10 247,905 (148,928 ) 98,977 206,878 (130,890 ) 75,988 Customer contracts and related relationships (4) 3-9 649,986 (202,729 ) 447,257 291,769 (174,741 ) 117,028 Trademarks/trade name 4-10 40,083 (18,542 ) 21,541 40,083 (16,056 ) 24,027 Non-competition agreements 1 2,231 (2,231 ) — 2,231 (2,231 ) — Total finite-lived intangible assets 1,549,289 (514,423 ) 1,034,866 692,145 (459,870 ) 232,275 Indefinite-lived intangible assets TiVo Tradename/trademarks (5) N/A 21,400 — 21,400 — — — Total intangible assets $ 1,570,689 $ (514,423 ) $ 1,056,266 $ 692,145 $ (459,870 ) $ 232,275 (1) In June 2020, $457.4 million of patents was acquired through the Mergers. See “Note 7 – Business Combination.” (2) In June 2020, $34.8 million of existing (developed) technology was acquired through the Mergers. See “Note 7 – Business Combination.” (3) In June 2020, $6.2 million of content database was acquired through the Mergers. See “Note 7 – Business Combination.” (4) In June 2020, $358.2 million of customer contracts and related relationships was acquired through the Mergers. See “Note 7 – Business Combination.” (5) In June 2020, $21.4 million of TiVo Tradename/trademarks was acquired through the Mergers. See “Note 7 – Business Combination.” As of June 30, 2020, the estimated future amortization expense of total finite-lived intangible assets was as follows (in thousands): 2020 (remaining 6 months) $ 101,141 2021 195,771 2022 147,333 2023 136,453 2024 97,648 Thereafter 356,520 $ 1,034,866

Debt

Debt	6 Months Ended
	Jun. 30, 2020
Debt Disclosure [Abstract]
Debt	NOTE 9 - DEBT The outstanding amounts of debt were as follows (in thousands): June 30, 2020 December 31, 2019 2020 Term B Loan Facility $ 1,050,000 $ — 2021 Convertible Notes 48 — 2018 Amended Term B Loan — 344,000 Unamortized debt issuance costs (38,965 ) (9,321 ) 1,011,083 334,679 Less: current portion, net of debt issuance costs (43,612 ) — Total long-term debt, net of current portion $ 967,471 $ 334,679 2020 Term B Loan Facility On June 1, 2020, in connection with the consummation of the Mergers with TiVo five-year Upon the closing of the 2020 Credit Agreement, the Company borrowed $1,050 million under the 2020 . Net proceeds were used on June 1, 2020, together with cash and cash equivalents, to the “Debt Financing See “Note 7 – Business Combination” for additional The obligations under the 2020 Credit Agreement are guaranteed by Xperi, TiVo and certain other of the Company’s wholly-owned material domestic subsidiaries (collectively, the “Guarantors”) pursuant to the Guaranty, dated as of June 1, 2020 (the “Guaranty”), among Xperi, TiVo, the other Guarantors party thereto and Bank of America, N.A., as administrative agent. The obligations under the 2020 Credit Agreement are secured by a lien on substantially all of the assets of the Company and the Guarantors pursuant to the Security Agreement, dated as of June 1, 2020 (the “Security Agreement”), among the Company, Xperi, TiVo, the other pledgors party thereto and Bank of America, N.A., as collateral agent. The 2020 Credit Agreement contains customary events of default, upon the occurrence of which, after any applicable grace period, the lenders will have the ability to accelerate all outstanding loans thereunder. The 2020 Credit Agreement also contains customary representations and warranties and affirmative and negative covenants that, among other things, restrict the ability of the Company and its subsidiaries to create or incur certain liens, incur or guarantee additional indebtedness, merge or consolidate with other companies, transfer or sell assets and make restricted payments. These covenants are subject to a number of limitations and exceptions set forth in the Credit Agreement. The Company was in compliance with all requirements as of June 30, 2020. 2018 Amended Term B Loan On December 1, 2016, in connection with the consummation of the acquisition of DTS, the Company entered into a Credit Agreement (the “Credit Agreement”) by and among the Company, Royal Bank of Canada, as administrative agent and collateral agent, and the lenders party thereto. The Credit Agreement provided for a $600.0 million seven-year On January 23, 2018, the Company and the loan parties entered into an amendment to the Credit Agreement (the “Amendment”). In connection with the Amendment, the Company made a voluntary prepayment of $100.0 million of the term loan outstanding under the Credit Agreement using cash on hand. The Amendment provided for, among other things, (i) a replacement of the outstanding initial term loan with the new tranche term B-1 loan (the “2018 Amended Term B Loan”) in a principal amount of $494.0 million, (ii) a reduction of the interest rate margin applicable to such loan to (x) in the case of Eurodollar loans, 2.50% per annum and (y) in the case of base rate loans, 1.50% per annum, (iii) a prepayment premium of 1.00% in connection with any repricing transaction with respect to the 2018 Amended Term B Loan within six months of the closing date of the Amendment, and (iv) certain amendments to provide the Company with additional flexibility under the covenant governing restricted payments. Using cash on hand, the Company made three voluntary prepayments totaling $150.0 million during 2019. On June 1, 2020, the entire remaining balance of $344.0 million was paid off by using the proceeds from the 2020 Term B Loan Facility as part of the TiVo Merger transaction. As a result of the refinancing transaction, the Company recorded a loss on early extinguishment of debt of $8.3 million, which consisted of unamortized debt issuance costs, in its Condensed Consolidated Statements of Operations for the three and six months ended June 30, 2020, respectively. 2019 Term Loan Facility In connection with the M ergers, the Company paid off all outstanding balance under the TiVo ’s 2019 Term Loan . The 2019 Term Loan Facility Agreement was entered into on November 22, 2019 between TiVo , as borrower, and the lenders party thereto and HPS Investment Partners, LLC as administrative agent and collateral agent. Under the 2019 Term Loan, TiVo borrowed $ 715.0 million, which matures on November 22, 2024 . Under the 2019 Term Loan Facility Agreement, TiVo was required to pay a 3.0% prepayment premium if the loan was prepaid on or prior to November 22, 2020. Further under the same Loan Facility Agreement, the Mergers triggered certain change of control conditions that constitute an event of default, thus requiring the debt to be repaid immediately following the consummation of the Mergers. Using the proceeds from the aforementioned 2020 Term B Loan Facility, the Company, on June 1, 2020, made a full repayment of the 2019 Term Loan along with the prepayment penalty for a total payoff amount of $734.6 million. 2021 Convertible Notes Upon consummation of the TiVo Merger on June 1, 2020, the Company assumed $48.0 thousand of Convertible Senior Notes that were issued by TiVo Solutions Inc. (“TiVo Solutions”) in September 2014 and mature October 1, 2021 (the “2021 Convertible Notes”). The 2021 Convertible Notes bear interest at an annual rate of 2.0%, payable semi-annually in arrears on April 1 and October 1 of each year. Interest Expense and Expected Principal Payments At June 30, 2020, $1,050.0 million in total debt was outstanding with an interest rate, including the amortization of debt issuance costs, of 4.8%. Interest is payable monthly. Interest expense was $7.0 million and $11.2 million for the three and six months ended June 30, 2020, respectively. Interest expense was $6.2 million and $12.9 million for the three and six months ended June 30, 2019, respectively. Amortized debt issuance costs, which were included in interest expense, amounted to $1.2 million and $1.8 million for the three and six months ended June 30, 2020, respectively, and $0.6 million and $1.3 million for the three and six months ended June 30, 2019, respectively. As of June 30, 2020, future minimum principal payments for long-term debt are summarized as follows (in thousands): 2020 (remaining 6 months) $ 26,250 2021 52,548 2022 52,500 2023 72,188 2024 78,750 Thereafter 767,812 Total $ 1,050,048 Additional cash payments, as outlined in the 2020 Credit Agreement, must be made on an annual basis beginning March 31, 2022 based on certain leverage ratios and excess cash flow generated for the immediately preceding fiscal year.

Net Loss Per Share

Net Loss Per Share	6 Months Ended
	Jun. 30, 2020
Earnings Per Share [Abstract]
Net Loss Per Share	NOTE 10 – NET LOSS PER SHARE The following table sets forth the computation of basic and diluted shares (in thousands): Three Months Ended Six Months Ended June 30, 2020 June 30, 2019 June 30, 2020 June 30, 2019 Denominator: Weighted average common shares outstanding 69,160 49,259 59,462 48,918 Less: shares of restricted stock subject to repurchase — — — — Total common shares-basic 69,160 49,259 59,462 48,918 Effect of dilutive securities: Options — — — — Restricted stock awards and units — — — — Total common shares-diluted 69,160 49,259 59,462 48,918 Basic net income (loss) per share is computed using the weighted average number of common shares outstanding during the period, excluding any unvested restricted stock awards that are subject to repurchase. Diluted net income (loss) per share is computed using the treasury stock method to calculate the weighted average number of common shares and, if dilutive, potential common shares outstanding during the period. Potential dilutive common shares include unvested restricted stock awards and units and incremental common shares issuable upon the exercise of stock options, less shares repurchased from assumed proceeds. The assumed proceeds calculation includes actual proceeds to be received from the employee upon exercise and the average unrecognized stock compensation cost during the period. For the three and six months ended June 30, 2020, there was no difference in the weighted average number of common shares used for the calculation of basic and diluted loss per share as the effect of all potentially dilutive shares outstanding was anti-dilutive. A total of 4.7 million and 3.8 million shares, subject to stock options and restricted stock awards and units, were excluded from the computation of diluted net loss per share for the three and six months ended June 30, 2020, respectively, because including them would have been anti-dilutive. For the three and six months ended June 30, 2019, there was no difference in the weighted average number of common shares used for the calculation of basic and diluted loss per share as the effect of all potentially dilutive shares outstanding was anti-dilutive. A total of 1.7 million and 1.7 million shares, subject to stock options and restricted stock awards and units, were excluded from the computation of diluted net loss per share for the three and six months ended June 30, 2019, respectively, because including them would have been anti-dilutive.

Stockholders' Equity

Stockholders' Equity	6 Months Ended
	Jun. 30, 2020
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Stockholders' Equity	NOTE 11 – STOCKHOLDERS’ EQUITY As more fully described in Note 7, Xperi and TiVo completed the Mergers on June 1, 2020 to form Xperi Holding Corporation. Upon completion of the Mergers, each share of common stock of Xperi was converted into the right to receive one fully paid and non-assessable share of Company Common Stock. Further upon completion of the Mergers, each share of TiVo Common Stock was converted into the right to receive 0.455 fully paid and non-assessable shares of the Company Common Stock (the “Exchange Ratio”), in addition to cash in lieu of any fractional shares of the Company Common Stock. Following the Mergers, Xperi Common Stock and TiVo Common Stock were delisted from Nasdaq. Since June 2, 2020, the shares of Company Common Stock have been listed for trading on Nasdaq under ticker symbol “XPER.” As provided in the Merger Agreement, at the effective time of the Mergers, (i) all options and restricted stock unit awards relating to shares of Xperi Common Stock outstanding immediately prior to the effective time of the Mergers were generally automatically converted into options and restricted stock unit awards respectively, relating to shares of the Company Common Stock on a one-for-one basis and otherwise generally on the same terms and conditions (including vesting exercisability and/or settlement requirements) as applied to such options and awards under the applicable plans and award agreements immediately prior to the effective time of the Mergers, and (ii) all options and restricted stock unit awards relating to shares of TiVo Common Stock that were outstanding immediately prior to the effective time of the Mergers were generally automatically converted into options and restricted stock unit awards, respectively, relating to shares of the Company Common Stock after giving effect to appropriate adjustments to reflect the Mergers (including the Exchange Ratio) and otherwise generally on the same terms and conditions (including vesting exercisability and/or settlement requirements) as applied to such options and awards under the applicable plans and award agreements immediately prior to the effective time of the Mergers. Equity Incentive Plans Prior to the Merger Date, the Company had implemented and granted equity awards under the Xperi Corporation Seventh Amended and Restated 2003 Equity Incentive Plan. As of the effective date of the Mergers, no future grants will be made under the plan. The 2020 EIP In connection with the Mergers and immediately prior to June 1, 2020, the Company adopted the Xperi Holding Corporation 2020 Equity Incentive Plan (the “2020 EIP”). Under the 2020 EIP, the Company may grant equity-based awards to employees, non-employee directors, and consultants for services rendered to the Company (or any parent or subsidiary) in the form of stock options, stock awards, restricted stock awards, restricted stock units, stock appreciation rights, dividend equivalents and performance awards (or any combination thereof). A total of 8,000,000 shares have been reserved for issuance under the 2020 EIP provided that each share issued pursuant to “full value” awards (i.e., stock awards, restricted stock awards, restricted stock units, performance awards and dividend equivalents) are counted against shares available for issuance under the 2020 EIP on a 1.5 to 1 ratio. The 2020 EIP provides for option grants designed as either incentive stock options or nonstatutory options. Options generally are granted with an exercise price not less than the value of the common stock on the grant date and have a term of ten years from the date of grant and vest over a four-year period. The vesting criteria for restricted stock awards and restricted stock units is generally the passage of time or meeting certain performance-based objectives, and continued employment through the vesting period generally over four years for time-based awards. As of June 30 , 2020 , there were 8.0 million shares reserved for future grant under the 20 20 EIP . Assumed Plans On June 1, 2020, the Company assumed all then-outstanding stock options, awards, and shares available and reserved for issuance under all legacy Equity Incentive Plans of TiVo (collectively, the “Assumed Plans”). Stock options assumed from the Assumed Plans generally have vesting periods of four years and a contractual term of seven years. Awards of restricted stock and restricted stock units assumed from the Assumed Plans are generally subject to a four year vesting period. The number of shares subject to stock options and restricted stock unit awards outstanding under these plans are included in the tables below. Shares reserved under the Assumed Plans will be available for future grants. As of June 1, 2020, there were 6.2 million shares reserved for future grants under the Assumed Plans. A summary of the stock option activity is presented below (in thousands, except per share amounts): Options Outstanding Number of Shares Subject to Options Weighted Average Exercise Price Per Share Balance at December 31, 2019 605 $ 26.68 Options granted — — Options assumed 175 $ 50.93 Options exercised — — Options canceled / forfeited / expired (41 ) $ 37.70 Balance at June 30, 2020 739 $ 31.75 Restricted Stock Awards and Units Information with respect to outstanding restricted stock awards and units as of June 30, 2020 Restricted Stock and Restricted Stock Units Number of Shares Subject to Time- based Vesting Number of Shares Subject to Performance- based Vesting Total Number of Shares Weighted Average Grant Date Fair Value Per Share Balance at December 31, 2019 2,371 554 2,925 $ 25.99 Awards and units granted 1,015 — 1,015 $ 10.78 Awards and units assumed 2,185 253 2,438 $ 13.99 Awards converted 107 (107 ) — $ 29.79 Awards and units vested / earned (997 ) (386 ) (1,383 ) $ 23.43 Awards and units canceled / forfeited (52 ) (243 ) (295 ) $ 28.04 Balance at June 30, 2020 4,629 71 4,700 $ 17.11 Performance Awards and Units Performance awards and units may be granted to employees or consultants based upon, among other things, the contributions, responsibilities and other compensation of the particular employee or consultant. The value and the vesting of such performance awards and units are generally linked to one or more performance goals or other specific performance goals determined by the Company, in each case on a specified date or dates or over any period or periods determined by the Company, and may range from zero to 200 percent of the grant. Employee Stock Purchase Plans Prior to the Mergers, the Company had implemented the Xperi Corporation 2003 Employee Stock Purchase Plan and the International Employee Stock Purchase Plan, both of which were terminated immediately prior to the effective time of the Mergers. In connection with the Mergers and immediately prior to June 1, 2020, the Company adopted the Xperi Holding Corporation 2020 Employee Stock Purchase Plan (the “2020 ESPP”). The 2020 ESPP is implemented through consecutive overlapping 24-month offering periods, each of which is comprised of four six-month purchase periods. The first offering period will commence on September 1, 2020 and will end on August 31, 2022. Each subsequent offering period under the 2020 ESPP will be twenty-four (24) months long and will commence on each September 1 and March 1 during the term of the plan. Participants may contribute up to 100% of their base earnings and commissions through payroll deductions, and the accumulated deductions will be applied to the purchase of shares on each semi-annual purchase date. The purchase price per share will equal 85% of the fair market value per share on the start date of the offering period or, if lower, 85% of the fair market value per share on the semi-annual purchase date. An eligible employee’s right to buy the Company’s common stock under the 2020 ESPP may not accrue at a rate in excess of $25,000 of the fair market value of such shares per calendar year for each calendar year of an offering period. If the fair market value per share of the Company’s common stock on any purchase date during an offering period is less than the fair market value per share on the start date of the 24-month offering period, then that offering period will automatically terminate and a new 24-month offering period will begin on the next business day. All participants in the terminated offering will be transferred to the new offering period. As of June 30, 2020 Stock Repurchase Programs In August 2007, Xperi’s Board of Directors (the “Board”) authorized a plan to repurchase Xperi’s outstanding shares of common stock. This authorization does not apply to Xperi Holding Corporation and is no longer in effect. On June 12, 2020, the Board of the Company authorized a new stock repurchase program providing for the repurchase of up to $150.0 million of the Company's Common Stock dependent on market conditions, share prices and other factors. During the month of June 2020, the Company repurchased a total of approximately 1,078,000 shares of common stock, at an average price of $13.92 per share for a total cost of $15.0 million. The shares repurchased are recorded as treasury stock and are accounted for under the cost method. No expiration date has been specified for this plan. As of June 30, 2020, the total remaining amount available for repurchase was $135.0 million. The Company plans to continue to execute authorized repurchases from time to time under the plan. In connection with the Mergers, all shares repurchased by the Company as of June 1, 2020 and recorded as treasury stock were canceled and retired. The Company issues restricted stock units as part of the equity incentive plans described above. For the majority of restricted awards, shares are withheld to satisfy required withholding taxes at the vesting date. Shares withheld to satisfy required withholding taxes in connection with the vesting of restricted awards are treated as common stock repurchases in the condensed consolidated financial statements because they reduce the number of shares that would have been issued on vesting. However, these withheld shares are not included in common stock repurchases under the Company's authorized share repurchase plan. During the three months ended June 30, 2020 and 2019, the Company withheld 0.2 million and 0.1 million shares of common stock to satisfy $2.8 million and $1.1 million of required withholding taxes, respectively. During the six months ended June 30, 2020 and 2019, the Company withheld 0.4 million and 0.2 million shares of common stock to satisfy $5.9 million and $4.3 million of required withholding taxes, respectively.

Stock-Based Compensation Expens

Stock-Based Compensation Expense	6 Months Ended
	Jun. 30, 2020
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Stock-Based Compensation Expense	NOTE 12 – STOCK-BASED COMPENSATION EXPENSE The effect of recording stock-based compensation expense for the three and six months ended June 30, 2020 and 2019 is as follows (in thousands): Three Months Ended Six Months Ended June 30, 2020 June 30, 2019 June 30, 2020 June 30, 2019 Cost of licensing, services and software revenue $ 73 $ — $ 73 $ — Research, development and other related costs 2,838 3,146 5,874 6,749 Selling, general and administrative 5,558 4,075 10,509 8,095 Total stock-based compensation expense 8,469 7,221 16,456 14,844 Tax effect on stock-based compensation expense (353 ) (1,163 ) (1,495 ) (2,385 ) Net effect on net loss $ 8,116 $ 6,058 $ 14,961 $ 12,459 In connection with the Mergers, the Company assumed unvested TiVo equity awards with a fair value of $34.1 million, of which $22.0 million related to post-acquisition services. For the three and six months ended June 30, 2020, the Company recognized $2.2 million and $2.2 million, respectively, associated with the unvested TiVo equity awards assumed. See “Note 7 – Business Combination” for additional detail. Stock-based compensation expense categorized by various equity components for the three and six months ended June 30, 2020 and 2019 is summarized in the table below (in thousands): Three Months Ended Six Months Ended June 30, 2020 June 30, 2019 June 30, 2020 June 30, 2019 Restricted stock awards and units $ 8,147 $ 6,717 $ 15,440 $ 13,651 Employee stock purchase plan 296 440 986 1,061 Employee stock options 26 64 30 132 Total stock-based compensation expense $ 8,469 $ 7,221 $ 16,456 $ 14,844 There were no options granted in the three and six months ended June 30, 2020 and 2019. Previous ESPP grants occurred in February 2020 and August 2019. Pursuant to the Merger Agreement, on May 22, 2020, the Company granted its final ESPP purchases to the eligible employees under the legacy ESPP program before terminating the plan prior to the consummation of the Mergers. The following assumptions were used to value the ESPP shares for these grants: February 2020 February 2019 Expected life (years) 2.0 2.0 Risk-free interest rate 1.4 % 2.5 % Dividend yield 4.0 % 5.4 % Expected volatility 45.8 % 53.4 %

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2020
Income Tax Disclosure [Abstract]
Income Taxes	NOTE 13 – INCOME TAXES For the three months ended June 30, 2020, the Company recorded an income tax benefit of $9.3 million on a pretax loss of $32.4 million and for the six months ended June 30, 2020, the Company recorded an income tax benefit of $7.2 million on a pretax loss of $11.6 million, For the three months ended June 30, 2019, the Company recorded an income tax benefit of $3.5 million on a pretax loss of $9.7 million and for the six months ended June 30, 2019, the Company recorded an income tax benefit of $12.5 million on a pretax loss of $44.1 million, income tax benefit for the three and six months ended June 30, 2019 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 Company has applied separate effective tax rates to its pre- and post-merger activities; the Company’s post-merger effective tax rate is based on its worldwide estimated tax rate for the seven-month period ended December 31, 2020. The tax for jurisdictions for which a loss is expected and no benefit can be realized for the year is computed using a separate effective tax rate. The decrease in income tax benefit for the six months ended June 30, 2020 as compared to the prior year is largely attributable to a decrease in operating losses, increase in valuation allowance in the post-merger period, foreign withholding taxes, U.S. federal minimum taxes, and unrealized foreign exchange loss from the South Korea refund claim partially offset by tax benefits from the release of unrecognized tax benefits due to the lapse of applicable statute of limitation and a decrease in valuation allowance as a result of the Mergers. During the fourth quarter of 2019, the Company filed a refund claim for foreign taxes previously withheld from licensees in South Korea based on recent court rulings in South Korea and other business factors. These previously withheld foreign taxes were claimed as a foreign tax credit in the U.S. As a result of the Company’s refund claim, the Company recorded a non-current income tax receivable of $65.2 million in income tax receivable, an unrecognized tax benefit of $48.2 million in other long-term liabilities, and a reduction in deferred tax assets of $17.0 million. The Company anticipates filing a refund claim for the 2020 year-to-date South Korean withholding taxes. During the first six months of 2020, an additional non-current income tax receivable of $8.4 million, an unrecognized tax benefit of $6.2 million in other long-term liabilities, and a reduction in deferred tax assets of $2.2 million were recorded. As part of the Company’s accounting for the acquisition of TiVo, the Company recorded a non-current income tax receivable of $28.8 million and a reduction in deferred tax assets of $12.5 million with a corresponding offset to valuation allowance, with the residual recorded to goodwill. At June 30, 2020, the Company had recorded a cumulative unrealized foreign exchange loss of approximately $4.0 million as a reduction in non-current income tax receivable. The impact on the Company’s pre-merger deferred tax assets and liabilities caused by the Mergers is recorded in the Company’s financial statements outside of acquisition accounting. Such impact is not a part of the fair value of the assets acquired and liabilities assumed. The Company released its valuation allowance which was previously applied to certain deferred tax assets. As a result, the Company recorded an income tax benefit of $19.4 million for the three months ended June 30, 2020. Due to the composition of TiVo’s Federal deferred tax assets net of valuation allowance and deferred tax liabilities, the combined Company’s Federal deferred tax assets net of deferred liabilities are fully offset by a valuation allowance. The Company has adopted the policy of using a tax-law ordering approach when determining the extent to which the Company’s, or the acquired company’s deferred tax liabilities are able to be used as sources of income used to recognize the Company’s, or the acquired company’s deferred tax assets. As of June 30, 2020, gross unrecognized tax benefits were $184.0 million, of which $99.6 million would affect the effective tax rate if recognized. As of June 30, 2019, unrecognized tax benefits were $33.9 million (which was included in long-term deferred tax and other long-term liabilities on the Condensed Consolidated Balance Sheets), of which $21.3 million would affect the effective tax rate if recognized. The Company is unable to reasonably estimate the timing of the long-term payments or the amount by which the liability will increase or decrease. It is the Company's policy to classify accrued interest and penalties related to unrecognized tax benefits in the provision for income taxes. For the six months ended June 30, 2020 and 2019, the Company recognized an insignificant amount of interest and penalties related to unrecognized tax benefits. Accrued interest and penalties were $1.9 million and $1.2 million as of June 30, 2020 and December 31, 2019, respectively. At June 30, 2020, the Company’s 2015 through 2018 tax years were generally open and subject to potential examination in various jurisdictions. Earlier tax years for the Company and its subsidiaries are also open in certain jurisdictions which are currently subject to examination. In addition, in the U.S., any net operating losses or credits that were generated in prior years but not yet fully utilized in a year that is closed under the statute of limitations may also be subject to examination. The Company has submitted a withholding tax refund claim with the South Korean authorities and the final outcome is not anticipated to be settled within the next twelve months.

Leases

Leases	6 Months Ended
	Jun. 30, 2020
Leases [Abstract]
Leases	NOTE 1 4 – LEASES The Company leases office and research facilities, data centers and office equipment under operating leases which expire through 2029. The Company’s leases have remaining lease terms of one year to nine years, some of which may include options to extend the leases for five years or longer, and some of which may include options to terminate the leases within the next 6 years or less. Leases with an initial term of 12 months or less are not recorded on the balance sheets; expense for these leases is recognized on a straight-line basis over the lease term. Variable lease payments are expensed as incurred and are not included within the lease liability and right-of-use assets calculation. As a practical expedient, the Company elected, for all office and facility leases, not to separate nonlease components (e.g., common-area maintenance costs) from lease components (e.g., fixed payments including rent) and instead to account for each separate lease component and its associated non-lease components as a single lease component. As most of the leases do not provide an implicit rate, the Company generally, for purposes of discounting lease payments, uses its incremental borrowing rate based on the estimated rate of interest for collateralized borrowing over a similar term of the lease payments at commencement date. The Company subleases certain real estate to third parties. The sublease portfolio consists of operating leases for previously exited office space. Certain subleases include variable payments for operating costs. The subleases are generally co-terminus with the head lease, or shorter. Subleases do not include any residual value guarantees or restrictions or covenants imposed by the leases. Income from subleases is recognized as a reduction to selling, general and administrative expenses. The components of operating lease costs were as follows (in thousands): Three Months Ended Six Months Ended June 30, 2020 June 30, 2019 June 30, 2020 June 30, 2019 Fixed lease cost (1) $ 3,323 $ 1,787 $ 5,156 $ 3,424 Variable lease cost 594 267 941 581 Less: sublease income (843 ) — (843 ) — Total operating lease cost $ 3,074 $ 2,054 $ 5,254 $ 4,005 (1) Includes short-term leases, which were immaterial. Other information related to leases was as follows (in thousands, except lease term and discount rate): Three Months Ended, Six Months Ended June 30, 2020 June 30, 2019 June 30, 2020 June 30, 2019 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 3,088 $ 1,463 $ 4,726 $ 3,017 ROU assets obtained in exchange for new lease liabilities: Operating leases $ 3,673 $ 3,730 $ 3,673 $ 4,775 June 30, 2020 December 31, 2019 Weighted-average remaining lease term (years): Operating leases 5.5 4.6 Weighted-average discount rate: Operating leases 5.3 % 5.7 % Future minimum lease payments and related lease liabilities as of June 30, 2020 were as follows (in thousands): Operating Lease Payments (1) Sublease Income Net Operating Lease Payments 2020 (remaining 6 months) $ 10,976 $ (3,292 ) $ 7,684 2021 22,573 (6,257 ) 16,316 2022 18,118 (6,117 ) 12,001 2023 15,852 (6,231 ) 9,621 2024 15,244 (6,293 ) 8,951 Thereafter 22,903 (7,214 ) 15,689 Total lease payments 105,666 (35,404 ) 70,262 Less: imputed interest (14,175 ) — (14,175 ) Present value of lease liabilities: $ 91,491 $ (35,404 ) $ 56,087 Less: current obligations under leases (accrued liabilities) 18,017 Noncurrent operating lease liabilities $ 73,474 (1) Future minimum lease payments exclude short-term leases as well as payments to landlords for variable common area maintenance, insurance and real estate taxes. As of December 31, 2019, future minimum lease payments were as follows (in thousands): Operating Leases 2020 $ 6,387 2021 4,558 2022 3,259 2023 3,235 2024 2,619 Thereafter 1,977 Total lease payments 22,035 Less: imputed interest (2,776 ) Present value of lease liabilities: $ 19,259 Less: current obligations under leases (accrued liabilities) 5,845 Noncurrent operating lease liabilities $ 13,414

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2020
Commitments And Contingencies Disclosure [Abstract]
Commitments and Contingencies	NOTE 15 – COMMITMENTS AND CONTINGENCIES Inventory Purchase Commitment The Company uses contract manufacturers to provide manufacturing services for its products. During the normal course of business, in order to manage manufacturing lead times and help ensure adequate supply, the Company enters into agreements with its contract manufacturer that either allow them to procure inventory based on criteria as defined by the Company or that establish the parameters defining the Company’s requirements. A significant portion of the Company’s purchase commitments arising from these agreements consist of firm, non-cancelable and unconditional purchase commitments. In certain instances, these agreements allow the Company the option to cancel, reschedule or adjust the Company’s requirements based on its business needs prior to firm orders being placed. As of June 30, 2020, the Company had total purchase commitments for inventory of $7.4 million, of which $0.9 million was accrued in the Condensed Consolidated Balance Sheet. Other Purchase Obligations On December 31, 2019, TiVo entered into a contract requiring the Company to generate a minimum number of Qualified Referred Subscribers (as defined in the contract) over a 30 month period. In the event that the aggregate number of Qualified Referred Subscribers generated by the Company within the specified time period is less than the minimum guaranteed subscribers, the Company is required to pay an amount equal to the shortfall between the number of Qualified Referred Subscribers generated by the Company and the required minimum multiplied by a per Qualified Referred Subscribers fee, up to a maximum of $5.0 million. As of June 30, 2020, no amounts were accrued in the Condensed Consolidated Balance Sheet related to this contract as the Company believes it will be able to generate the minimum number of Qualified Referred Subscribers within the 30 month commitment p eriod . Under certain other contractual arrangements, the Company may be obligated to pay up to approximately $10.9 million over an estimated period of approximately four years if certain milestones are achieved. Indemnifications In the normal course of business, the Company provides indemnifications of varying scopes and amounts to certain of its licensees, customers, and business partners against claims made by third parties arising from the use of the Company's products, intellectual property, services or technologies. The Company cannot reasonably estimate the possible range of losses that may be incurred pursuant to its indemnification obligations, if any. Variables affecting any such assessment include, but are not limited to: the nature of the claim asserted; the relative merits of the claim; the financial ability of the party suing the indemnified party to engage in protracted litigation; the number of parties seeking indemnification; the nature and amount of damages claimed by the party suing the indemnified party; and the willingness of such party to engage in settlement negotiations. To date, no such claims have been filed against the Company and no liability has been recorded in the Company’s financial statements. As permitted under Delaware law, the Company has agreements whereby it indemnifies its officers and directors for certain events or occurrences while the officer or director is, or was, serving at the Company’s request in such capacity. The maximum potential amount of future payments the Company could be required to make under these indemnification agreements is unlimited; however, the Company believes, given the absence of any such payments in the Company’s history, and the estimated low probability of such payments in the future, that the estimated fair value of these indemnification agreements is immaterial. In addition, the Company has directors’ and officers’ liability insurance coverage that is intended to reduce its financial exposure and may enable the Company to recover any payments, should they occur. Contingencies At each reporting period, the Company evaluates whether or not a potential loss amount or a potential range of losses is probable and reasonably estimable under the provisions of the authoritative guidance that addresses accounting for contingencies. The Company is currently unable to predict the final outcome of lawsuits to which it is a party and therefore cannot determine the likelihood of loss nor estimate a range of possible losses. An adverse decision in any of these proceedings could significantly harm the Company’s business and consolidated financial position, results of operations or cash flows. The Company and its subsidiaries are involved in litigation matters and claims in the normal course of business. In the past, the Company and its subsidiaries have litigated to enforce their respective patents and other intellectual property rights, to enforce the terms of license agreements, to protect trade secrets, to determine the validity and scope of the proprietary rights of others and to defend itself or its customers against claims of infringement or invalidity. The Company expects it or its subsidiaries will be involved in similar legal proceedings in the future, including proceedings regarding infringement of its patents, and proceedings to ensure proper and full payment of royalties by licensees under the terms of its license agreements. The existing and any future legal actions may harm the Company’s business. For example, legal actions could cause an existing licensee or strategic partner to cease making royalty or other payments to the Company, or to challenge the validity and enforceability of patents owned by the Company’s subsidiaries or the scope of license agreements with the Company’s subsidiaries, or could significantly damage the Company’s relationship with such licensee or strategic partner and, as a result, prevent the adoption of the Company’s other technologies by such licensee or strategic partner. Litigation could also severely disrupt or shut down the business operations of licensees or strategic partners of the Company’s subsidiaries, which in turn would significantly harm ongoing relations with them and cause the Company to lose royalty revenue. The costs associated with legal proceedings are typically high, relatively unpredictable, and not completely within the Company’s control. These costs may be materially higher than expected, which could adversely affect the Company’s operating results and lead to volatility in the price of its common stock. Whether or not determined in the Company’s favor or ultimately settled, litigation diverts managerial, technical, legal, and financial resources from the Company’s business operations. Furthermore, an adverse decision in any of these legal actions could result in a loss of the Company’s proprietary rights, subject the Company to significant liabilities, require the Company to seek licenses from others, limit the value of the Company’s licensed technology or otherwise negatively impact the Company’s stock price or its business and consolidated financial results .

Segment and Geographic Informat

Segment and Geographic Information	6 Months Ended
	Jun. 30, 2020
Segment Reporting [Abstract]
Segment and Geographic Information	NOTE 16 – SEGMENT AND GEOGRAPHIC INFORMATION In connection with the Mergers, the Company re-evaluated its reportable segments. The Company concluded that it has two reportable segments for financial reporting purposes: (1) Product and (2) Intellectual Property (“IP”) Licensing. There are certain corporate overhead costs that are not allocated to these reportable segments because these operating amounts are not considered in evaluating the operating performance of the Company’s business segments. Reportable segments are identified based on the Company's organizational structure and information reviewed by the Company’s chief operating decision maker ("CODM") to evaluate performance and allocate resources. The Company’s Chief Executive Officer is also the CODM as defined by the authoritative guidance on segment reporting. The Product segment consists primarily of licensing Company-developed audio, digital radio, imaging, edge-based machine learning and multi-channel video user experience (“UX”) solutions. Edge based machine learning, audio, digital radio, and imaging solutions include the delivery of software and/or hardware-based solutions to the Company’s consumer electronics (“CE”) customers, automotive manufacturers or their supply chain partners. UX products and services revenue is primarily derived from multi-channel video service providers and CE manufacturers, licensing the TiVo service and selling TiVo-enabled devices, Personalized Content Discovery, enriched Metadata, viewership data and advertising. The IP Licensing segment consists primarily of licensing the Company’s innovations to leading companies in the media and semiconductor industries. Licensing arrangements include access to one more of the Company’s foundational patent portfolios and may also include access to some of the Company’s industry-leading technologies and proven know-how. In the media industry, the Company’s licensees include pay television (“Pay-TV”) providers, both in the United States and internationally, consumer electronics manufacturers and other providers of video experiences across various platforms, including over-the-top (OTT) video. In the semiconductor industry, the Company’s licensees include semiconductor manufacturers, fabless companies, foundries and packaging companies. The Company does not identify or allocate assets by reportable segment, nor does the CODM evaluate reportable segments using discrete asset information. Reportable segments do not record inter-segment revenue and accordingly there are none to report. The Company does not allocate other income and expense to reportable segments. Although the CODM uses operating income to evaluate reportable segments, operating costs included in one segment may benefit other segments. The following table sets forth the Company’s segment revenue, operating expenses and operating income (loss) for the three and six months ended June 30, 2020 and 2019 (in thousands): Three Months Ended Six Months Ended June 30, 2020 June 30, 2019 June 30, 2020 June 30, 2019 Revenue: Product segment $ 64,124 $ 61,431 $ 120,066 $ 105,999 IP Licensing segment 73,507 13,684 135,230 25,683 Total revenue 137,631 75,115 255,296 131,682 Operating expenses: Product segment 66,557 46,817 112,794 93,717 IP Licensing segment 20,449 9,362 30,744 19,745 Unallocated operating expenses (1) 68,344 (2) 27,252 104,950 (3) 56,533 Total operating expenses 155,350 83,431 248,488 169,995 Operating income (loss): Product segment (2,433 ) 14,614 7,272 12,282 IP Licensing segment 53,058 4,322 104,486 5,938 Unallocated operating expenses (1) (68,344 ) (27,252 ) (104,950 ) (56,533 ) Total operating income (loss) $ (17,719 ) $ (8,316 ) $ 6,808 $ (38,313 ) (1) Unallocated operating expenses consist primarily of selling, marketing, general and administrative expenses, such as administration, human resources, finance, information technology, corporate development and procurement. These expenses are not allocated because these amounts are not considered in evaluating the operating performance of the Company’s business segments. (2) Includes approximately $24.4 million in one-time transaction costs related to the Mergers and $8.2 million in employee severance and acceleration of contractually-obligated equity awards for departing executives. (3) Includes approximately $27.5 million in one-time transaction costs related to the Mergers and $8.2 million in employee severance and acceleration of contractually-obligated equity awards for departing executives. A significant portion of the Company’s revenue is derived from licensees headquartered outside of the U.S., principally in Asia, and it is expected that this revenue will continue to account for a significant portion of total revenue in future periods. The table below lists the geographic revenue for the periods indicated (in thousands): Three Months Ended Six Months Ended June 30, 2020 June 30, 2019 June 30, 2020 June 30, 2019 South Korea $ 60,974 45 % $ 16,412 22 % $ 88,557 35 % $ 33,915 26 % U.S. 43,049 31 12,574 17 66,094 26 24,006 18 Japan 14,032 10 33,827 45 65,354 26 51,059 39 Europe and Middle East 6,982 5 6,463 9 11,430 4 10,463 8 Other 12,594 9 5,839 7 23,861 9 12,239 9 $ 137,631 100 % $ 75,115 100 % $ 255,296 100 % $ 131,682 100 % For the three months ended June 30, 2020 and 2019, there were one customer and two customers, respectively, that accounted for 10% or more of total revenue. For the six months ended June 30, 2020 and 2019, there were two customers and two customers, respectively, that accounted for 10% or more of total revenue. As of June 30, 2020 and December 31, 2019, there were three customers and three customers, respectively, that each accounted for 10% or more of total accounts receivable.

Subsequent Events

Subsequent Events	6 Months Ended
	Jun. 30, 2020
Subsequent Events [Abstract]
Subsequent Events	NOTE 17 - SUBSEQUENT EVENTS On July 29, 2020, the Board declared a cash dividend of $0.05 per share of common stock, payable on September 21, 2020 to the stockholders of record at the close of business on August 31, 2020.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2020
Accounting Policies [Abstract]
Basis of Accounting	The accompanying interim unaudited condensed consolidated financial statements as of June 30, 2020 and 2019, 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. The amounts as of December 31, 2019 have been derived from the Company’s annual audited financial statements. Certain information and footnote disclosures normally included in financial statements prepared in accordance with U.S. GAAP have been condensed or omitted in accordance with such rules and regulations. 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. 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, 2019, included in Xperi’s Annual Report on Form 10-K for the year ended December 31, 2019 and TiVo’s Annual Report on Form 10-K for the year ended December 31, 2019, both of which were filed on February 18 , 20 20 .
Reclassification	Reclassification As a result of the Mergers, certain reclassifications of prior period amounts have been made to improve comparability and conform to the current period presentation. Presentation changes were made to the Condensed Consolidated Statements of Operations. In addition, certain reclassifications of prior period data have been made in the Notes to Condensed Consolidated Financial Statements to conform to the current period presentation.
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. The accounting estimates and assumptions that require management’s most significant, challenging, and subjective judgment include the estimation of licensees’ quarterly royalties prior to receiving the royalty reports, the determination of stand-alone selling price and the transaction price in an arrangement with multiple performance obligations, the estimation of variable consideration, judgment used to estimate the progress toward completion in the Company’s engineering services, the collectability of accounts receivable, other intangible assets and investments, the assessment of the recoverability of goodwill, the assessment of useful lives and recoverability of other intangible assets and long-lived assets, recognition and measurement of current and deferred income tax assets and liabilities, the assessment of unrecognized tax benefits, and purchase accounting resulting from business combinations, among others. Actual results experienced by the Company may differ from management’s estimates. The worldwide spread of the COVID-19 virus has resulted in a global slowdown of economic activity which is likely to reduce the future demand for a broad variety of goods and services, while also disrupting sales channels, marketing activities and supply chains for an unknown period of time until the virus is fully contained. The Company expects this disruption to have a negative impact on its revenue and results of operations, the size and duration of which is currently difficult to predict. The impact of the COVID-19 pandemic and related events, including actions taken by the government in response, have increased market volatility and make the estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes more difficult. As of the date of issuance of the financial statements, the Company is not aware of any specific event or circumstance that would require it to update its estimates, judgments or revise the carrying value of its assets or liabilities. These estimates may change, as new events occur and additional information is obtained, and are recognized in the consolidated financial statements as soon as they become known.
Recent Accounting Pronouncements	Recently Adopted Accounting Pronouncements In September 2016, the Financial Accounting Standards Board (“FASB”) issued Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments Revenue In August 2018, FASB issued ASU 2018-15, “ Intangibles—Goodwill and Other—Internal-Use Software (Subtopic 350-40): Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That Is a Service Contract ” (“ASU 2018-15”) . The Company adopted the standard on January 1, 2020 and applied the prospectively to all implementation costs incurred after the date of adoption. The adoption did not have a material impact on the Company’s consolidated financial Recent Accounting Pronouncements On December 18, 2019, FASB released ASU 2019-12, “ Simplifying the Accounting for Income Taxes ASU 2019-12 is effective for the Company in the first quarter of the year ending December 31, 2021. The Company is in the process of evaluating the impact of the adoption of this new standard on its consolidated financial statements.
Revenue Recognition	Revenue Recognition General Revenue is recognized when control of the promised goods or services is transferred to a customer in an amount that reflects the consideration the Company expects to receive in exchange for those goods or services, which may include various combinations of goods and services which are generally capable of being distinct and accounted for as separate performance obligations. Revenue is recognized net of sales taxes collected from customers which are subsequently remitted to governmental authorities. In situations where foreign withholding taxes are withheld by the Company’s licensee, revenue is recognized gross of withholding taxes that are remitted directly by the licensee to a local tax authority. Arrangements with Multiple Performance Obligations Some of the Company’s contracts with customers contain multiple performance obligations. For these contracts, the individual performance obligations are separately accounted for if they are distinct. In an arrangement with multiple performance obligations, the transaction price is allocated among the separate performance obligations on a relative stand-alone selling price basis. The determination of stand-alone selling price considers market conditions, the size and scope of the contract, customer and geographic information, and other factors. When observable prices are not available, stand-alone selling price for separate performance obligations is based on the cost-plus-margin approach, considering overall pricing objectives. The allocation of transaction price among performance obligations in a contract may impact the amount and timing of revenue recognized in the Consolidated Statements of Operations during a given period. Contract Modifications Contracts may be modified due to changes in contract specifications or customer requirements. Contract modifications occur when the change in terms either creates new enforceable rights and obligations or changes existing enforceable rights and obligations. The effect of a contract modification for goods and services that are not distinct in the context of the contract on the transaction price is recognized as an adjustment to revenue on a cumulative catch-up basis. Contract modifications that result in goods or services that are distinct from the existing goods or services are accounted for as separate contracts if they are sold at their stand-alone selling price, or otherwise prospectively. Variable Consideration When a contract with a customer includes a variable transaction price, an estimate of the consideration which the Company expects to be entitled to for transferring the promised goods or services is made at contract inception. Depending on the terms of the contract, variable consideration is estimated using either the expected value approach or the most likely value approach. Under either approach to estimating variable consideration, the estimate considers all information (historical, current and forecast) that is reasonably available at contract inception. The amount of variable consideration is estimated at contract inception and updated as additional information becomes available. The estimate of variable consideration is included in the transaction price to the extent it is probable that a significant reversal of cumulative revenue recognized will not occur when the uncertainty associated with the variable consideration is resolved. Subsequent changes in the transaction price resulting from changes in the estimate of variable consideration are allocated to the performance obligations in the contract on the same basis as at contract inception. Certain payments to licensees, retailers and distributors, such as market development funds and revenue shares, are treated as a reduction of the transaction price, and therefore a reduction to revenue, unless the payment is in exchange for a distinct good or service that the licensee, retailer or distributor transfers to the Company. When variable consideration is in the form of a sales-based or usage-based royalty in exchange for a license of IP, or when a license of IP is the predominant item to which the variable consideration relates, revenue is recognized at the later of when the subsequent sale or usage occurs or the performance obligation to which some or all of the sales-based or usage-based royalty has been allocated has been satisfied or partially satisfied. Nature of Goods and Services The following is a discussion of the principal activities from which the Company generates its revenue. License Agreements The Company operates in two business segments. In its Product segment, the Company licenses its audio, imaging, edge-based machine learning and multi-channel video user experience (“UX”) solutions. In its IP Licensing segment, the Company licenses its media patent portfolios (“IP Media licensing”) to Pay-TV, CE manufacturers and other providers of video experiences across various platforms. In addition, the Company licenses its semiconductor technologies and associated patent portfolios (“IP Semiconductor licensing”) to semiconductor manufacturers, fabless companies, foundries and packaging companies. The Company licenses its technologies and portfolios under three revenue models: (i) fixed-fee IP Media licensing, (ii) fixed-fee or minimum guarantee Product or IP Semiconductor licensing, and (iii) per-unit or per-subscriber royalty licenses. Fixed-fee IP Media licensing The Company's long-term fixed-fee IP Media licensing agreements provide its customers with rights to future patented technologies over the term of the agreement that are highly interdependent or highly interrelated to the patented technologies provided at the inception of the agreement. The Company treats these rights as a single performance obligation with revenue recognized on a straight-line basis over the term of the fixed-fee license agreement. At times, the Company enters into license agreements in which a licensee is released from past patent infringement claims or is granted a license to ship an unlimited number of units or for an unlimited number of subscribers over a future period for a fixed fee. In these arrangements, the Company allocates the transaction price between the release for past patent infringement claims and the future license. In determining the stand-alone selling price of the release for past patent infringement claims and the future license, the Company considers such factors as the number of units shipped in the past or the number of past subscribers and the relevant geographies of the shipped units or subscribers, the future number of subscribers or units, as well as the licensing rate the Company generally receives for per subscriber or units shipped in the same geographies. As the release from past patent infringement claims is generally satisfied at execution of the agreement, the transaction price allocated to the release from past patent infringement claims is generally recognized in the period the agreement is executed and the amount of transaction price allocated to the future license is recognized ratably over the future license term. Fixed-fee or minimum guarantee IP Semiconductor or Product licensing The Company enters into IP Semiconductor or Product licenses that have fixed fee or minimum guarantee arrangements, whereby licensees pay a fixed fee for the right to incorporate the Company’s technology in the licensee's products over the license term. In arrangements with a minimum guarantee, the fixed fee component corresponds to a minimum number of units or dollars that the customer must produce or pay, with additional per-unit fees for any units or dollars exceeding the minimum. In most cases, the customer pays the fixed license fee in specified installments over the license term. For both fixed fee and minimum guarantee agreements for IP Semiconductor or Product licensing, the Company recognizes the full fixed fee as revenue at the beginning of the license term, when the licensee has the right to use the IP and begins to benefit from the license. If the contract term of a fixed fee or minimum guarantee arrangement is longer than one year, the Company also considers the scheduled payment arrangements to determine whether a significant financing component exists. In general, if the payment arrangements extend beyond the initial twelve months of the contract, the Company treats a portion of the payments as a significant financing component. The discount rate used for each arrangement reflects the rate that would be used in a separate financing transaction between the Company and the licensee at contract inception and takes into account the credit characteristics of the licensee and market interest rates as of the date of the agreement. As such, the amount of fixed fee revenue recognized at the beginning of the license term will be reduced by the calculated financing component. As payments are received from the licensee, the Company recognizes a portion of the financing component as interest income, reported as other income and expense in the Consolidated Statements of Operations. Per-unit or per-subscriber royalty licenses The Company recognizes revenue from per-unit or per-subscriber royalty licenses in the period in which the licensee's sales or production are estimated to have occurred, which results in an adjustment to revenue when actual sales or production are subsequently reported by the licensee, which is generally in the month or quarter following usage or shipment. The Company generally recognizes revenue from royalty licenses on a per-subscriber per-month model for licenses with service providers and a per-unit shipped or manufactured model for licenses with CE manufacturers. Compliance Audits The Company actively monitors and enforces its IP, including seeking appropriate compensation from customers that have under-reported royalties owed under a license agreement and from third parties that utilize the Company’s intellectual property without a license. As a result of these activities, the Company may, from time to time, recognize revenue from payments resulting from periodic compliance audits of licensees for underreporting royalties incurred in prior periods, as part of a settlement of a patent infringement dispute, or from legal judgments in a license dispute. These recoveries and settlements may cause revenue to be higher than expected during a particular reporting period and such recoveries may not occur in subsequent periods. The Company recognizes revenue from recoveries when a binding agreement has been executed and the Company concludes collection under that agreement is likely. Arrangements with Multiple System Operators for the TiVo Service The Company's arrangements with multiple system operators ("MSOs") typically include software customization and set-up services, associated maintenance and support, limited training, post-contract support, TiVo-enabled DVRs, non-DVR Set-Top Boxes (“STBs”), and the TiVo service. The Company has two types of arrangements with MSOs that include technology deployment and engineering services. In instances where the Company hosts the TiVo service, non-refundable payments received for customization and set-up services are deferred and recognized as revenue ratably over the hosting term. The related cost of such services is capitalized to the extent it is deemed recoverable and amortized to cost of revenue over the same period as the related TiVo service revenue is recognized. The Company estimates the stand-alone selling prices for training, DVRs, non-DVR STBs and maintenance and support based on the price charged in stand-alone sales of the promised good or service. The stand-alone selling price for the TiVo service is determined by considering the size of the MSO and expected volume of deployment, market conditions, competitive landscape, internal costs and total gross margin objectives. For a term license to the TiVo service, the Company receives license fees for the hosted TiVo service on either a per-subscriber per-month basis or a fixed fee. The Company recognizes revenue from per-subscriber per-month licenses during the month the TiVo service is provided to the customer and recognizes revenue from fixed fee licenses ratably over the license period. In arrangements where the Company does not host the TiVo service, which includes engineering services that are essential to the functionality of the licensed technology or involve significant customization or modification of the software, the Company recognizes revenue as progress toward completion is made using an input method based on the ratio of costs incurred to date to total estimated costs of the project. Project costs are primarily labor related to specific activities required for the project. Costs related to general infrastructure or uncommitted platform development are not included in the project cost estimates and are expensed as incurred. Estimating project costs requires forecasting costs, tracking progress toward completion and projecting the remaining effort to complete the project. These estimates are reassessed throughout the term of the arrangement, and revisions to estimates are recognized on a cumulative catch-up basis when the changed conditions become known. Provisions for losses are recorded when estimates indicate it is probable that a loss will be incurred for the contract. The Company generally recognizes revenue from license fees for the TiVo service that the Company does not host on a per-subscriber per-month basis due to the recognition constraint on intellectual property usage-based royalties. Subscription Services Subscription services revenue primarily consists of fees to provide customers with access to one or more of the Company's hosted products such as its iGuide interactive program guide (“IPG”), advanced search and recommendations, metadata and analytics products, including routine customer support. The Company generally receives per-subscriber per-month fees for its iGuide IPG and search and recommendations service and revenue is recorded in the month the customer uses the service. The Company generally receives a monthly or quarterly fee from its metadata or analytics licenses for the right to use the metadata or access its analytics platform and to receive regular updates. Revenue from the Company's metadata and analytics service is recognized ratably over the subscription period. TiVo-enabled DVRs and TiVo Service The Company sells TiVo-enabled DVRs and the related service directly to customers through sales programs via the TiVo.com website and licenses the sale of TiVo-enabled DVRs through a limited number of retailers. All customers have the right to cancel their subscription to the TiVo service within 30 days of subscription activation for a full refund. After the initial subscription period, all customers have various pricing options when they renew their subscription. The transaction price allocated to the DVR is recognized as revenue upon shipment to the customer and the transaction price allocated to the TiVo service is recognized as revenue ratably over the service period. Subscription revenue from lifetime subscriptions are recognized ratably over the estimated useful life of the DVR associated with the subscription. The estimated useful life for a DVR depends on a number of assumptions, including, but not limited to, customer retention rates, the timing of new product introductions and historical experience. The Company periodically reassesses the estimated useful life of a DVR. When the actual useful life of the DVR materially differs from the Company's estimate, the estimated useful life of the DVR is adjusted, which could result in the recognition of revenue over a longer or shorter period of time. Significant Judgments Determining whether promises to transfer multiple goods and services in contracts with customers are considered distinct performance obligations that should be accounted for separately requires significant judgment, including related to the level of integration and interdependency between the performance obligations. In addition, judgment is necessary to allocate the transaction price to the distinct performance obligations, including whether there is a discount or significant financing component to be allocated based on the relative stand-alone selling price of the various performance obligations. Significant judgment is required to determine the stand-alone selling price for each distinct performance obligation when an observable price is not available. In instances where stand-alone selling price is not directly observable, such as when the Company does not sell the good or service separately, the stand-alone selling price is determined using a range of inputs that includes market conditions and other observable inputs. More than one stand-alone selling price may exist for individual goods and services due to the stratification of those goods and services, considering attributes such as the size of the customer and geographic region. Due to the nature of the work required to be performed on some performance obligations, significant judgment may be required to determine the transaction price. It is common for the Company's license agreements to contain provisions that can either increase or decrease the transaction price. These variable amounts are generally estimated based on usage. In addition to estimating variable consideration, significant judgment is necessary to identify forms of variable consideration, determine whether the variable consideration relates to a sales-based or usage-based royalty of intellectual property and determine whether, and when to include estimates of variable consideration in the transaction price. For certain licensees, royalty revenue is generated based on a licensee’s production or shipment of licensed products incorporating the Company’s intellectual property, technologies or software. Licensees with a per-unit or per-subscriber arrangement pay a per-unit royalty for each product manufactured or sold, or for each subscriber, as set forth in its license agreement. Licensees generally report manufacturing, sales or subscriber information in the month or quarter subsequent to when the production, shipment or subscription activity takes place. The Company estimates the royalties earned each quarter based on its forecast of manufacturing and sales activity by its licensees in that quarter. Any differences between actual royalties owed by a licensee and the Company’s estimate are recognized when the licensee’s royalty report is received. Estimating licensees’ quarterly royalties prior to receiving the royalty reports requires the Company to make significant assumptions and judgments related to forecasted trends and growth rates used to estimate quantities manufactured, shipped or subscribed by licensees, which could have a material impact on the amount of revenue recognized . Some hardware products are sold with a right of return and, in certain circumstances, credits or incentives may be provided to customers or resellers at the time of sale. Such credits and incentives are accounted for as variable consideration and recognized as a reduction to revenue. Estimates of returns, credits and incentives are made at contract inception and updated each reporting period. In contracts where the Company does not host the TiVo service and that include engineering services that are essential to the functionality of the licensed technology or involve significant customization or modification of software, or where the Company provides non-recurring engineering (“NRE”) services, the Company recognizes revenue as progress toward completion occurs using an input method based on the ratio of costs incurred to date to total estimated costs of the project. Significant judgment is required to estimate the remaining effort to complete the project. These estimates are reassessed throughout the term of the arrangement. Management evaluates its estimates, inputs and assumptions related to revenue recognition on an ongoing basis. The use of different estimates, inputs or assumptions may materially affect the reported amounts of assets and liabilities as of the date of the financial statements and the results of operations for the reporting period. Practical Expedients and Exemptions The Company applies a practical expedient to not perform an evaluation of whether a contract includes a significant financing component when the timing of revenue recognition differs from the timing of cash collection by one year or less. The Company applies a practical expedient to expense costs to obtain a contract with a customer as incurred as a component of selling, general and administrative expenses when the amortization period would have been one year or less. The Company applies a practical expedient when disclosing revenue expected to be recognized from unsatisfied performance obligations to exclude contracts with customers with an original duration of less than one year; contracts for which revenue is recognized based on the amount which the Company has the right to invoice for services performed and amounts attributable to variable consideration arising from (i) a sales-based or usage-based royalty of an intellectual property license or (ii) when variable consideration is allocated entirely to a wholly unsatisfied performance obligation; or to a wholly unsatisfied promise to transfer a distinct good or service that forms part of a single performance obligation.

Revenue (Tables)

Revenue (Tables)	6 Months Ended
	Jun. 30, 2020
Revenue From Contract With Customer [Abstract]
Schedule of Contract Assets	Contract assets were recorded in the Condensed Consolidated Balance Sheets as follows (in thousands): June 30, 2020 December 31, 2019 Unbilled contracts receivable $ 184,101 $ 121,826 Other current assets 331 — Long-term unbilled contracts receivable 20,582 26,672 Other long-term assets 671 — Total contract assets $ 205,685 $ 148,498
Schedule of Allowance for Credit Losses	The following table presents the activity in the allowance for credit losses for the three and six months ended June 30, 2020 (in thousands): Three Months Ended June 30, 2020 Six Months Ended June 30, 2020 Accounts Receivable Unbilled Contracts Receivable Accounts Receivable Unbilled Contracts Receivable Beginning balance $ 2,226 $ 283 $ 566 $ — Provision for credit loss expense 299 74 2,228 (1) 357 Recoveries/charged-off (56 ) — (325 ) — Balance at end of period $ 2,469 $ 357 $ 2,469 $ 357 (1) The increase in provision for credit loss expense was based on assessment of current conditions including the COVID-19 pandemic and anticipation of delayed or delinquent payments on existing accounts receivable as a result of declining financial health and liquidity positions of certain of the Company’s customers.
Schedule of Revenue Recognized in Period	The following table presents additional revenue and contract disclosures (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2020 2019 2020 2019 Revenue recognized in the period from: Amounts included in deferred revenue at the beginning of the period $ 796 $ 2,124 $ 620 $ 3,167 Performance obligations satisfied in previous periods (true ups, licensee reporting adjustments and settlements)* $ 7,078 $ 2,472 $ 54,222 $ 3,637 *True ups represent the differences between the Company’s quarterly estimates of per unit royalty revenue and actual production/sales-based royalties reported by licensees in the following period. Licensee reporting adjustments represent corrections or revisions to previously reported per unit royalties by licensees, generally resulting from the Company’s inquiries or compliance audits. Settlements represent resolutions of litigation during the period for past royalties owed pursuant to expired or terminated IP license agreements.
Schedule of Remaining Performance Obligations	The Company's remaining revenue under contracts with performance obligations was as follows (in thousands) : As of June 30, 2020 December 31, 2019 Revenue from contracts with performance obligations expected to be satisfied in: 2020 (remaining 6 months) $ 92,742 $ 5,337 2021 130,154 990 2022 93,047 345 2023 84,773 — 2024 72,738 — Thereafter 70,977 — Total $ 544,431 $ 6,672

Composition Of Certain Financ_2

Composition Of Certain Financial Statement Captions (Tables)	6 Months Ended
	Jun. 30, 2020
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Schedule of Other Current Assets	Other current assets consisted of the following (in thousands): June 30, 2020 December 31, 2019 Prepaid income taxes $ 4,161 $ 2,364 Prepaid expenses 22,426 8,802 Inventory 3,097 100 Other 6,678 2,469 $ 36,362 $ 13,735
Schedule of Property and Equipment, Net	Property and equipment, net, consisted of the following (in thousands): June 30, 2020 December 31, 2019 Equipment, furniture and other $ 57,308 $ 32,504 Building and improvements 18,309 18,258 Land 5,300 5,300 Leasehold improvements 26,053 8,103 106,970 64,165 Less: accumulated depreciation and amortization (35,945 ) (31,288 ) $ 71,025 $ 32,877
Schedule of Accrued Liabilities	Accrued liabilities consisted of the following (in thousands): June 30, 2020 December 31, 2019 Employee compensation and benefits $ 29,192 $ 18,404 Accrued expenses 25,748 7,930 Current portion of operating lease liabilities 18,017 5,845 Accrued severance 8,784 — Third-party royalties 3,806 6,165 Other 19,821 3,089 $ 105,368 $ 41,433
Schedule of Other Long-Term Liabilities	Other long-term liabilities consisted of the following (in thousands): June 30, 2020 December 31, 2019 Long-term income tax payable $ 92,941 $ 76,767 Other 3,299 131 $ 96,240 $ 76,898
Schedule of Accumulated Other Comprehensive Income (Loss)	Accumulated other comprehensive income (loss) consisted of the following (in thousands): June 30, 2020 December 31, 2019 Foreign currency translation adjustment, net of tax $ 155 $ — Unrealized gain (loss) on available-for-sale debt securities, net of tax 15 (53 ) $ 170 $ (53 )
Schedule of Other Income and Expense, Net	Other income and expense, net, consisted of the following (in thousands): Three Months Ended, Six Months Ended, June 30, 2020 June 30, 2019 June 30, 2020 June 30, 2019 Interest income from significant financing components under Topic 606 $ 721 $ 1,854 $ 1,696 $ 3,720 Interest income from investments 307 682 792 1,282 Unrealized/realized gain (loss) on marketable equity securities 26 2,032 (707 ) 1,622 Other income/(expense), net (476 ) 238 (638 ) 484 $ 578 $ 4,806 $ 1,143 $ 7,108

Financial Instruments (Tables)

Financial Instruments (Tables)	6 Months Ended
	Jun. 30, 2020
Investments Debt And Equity Securities [Abstract]
Summary of Marketable Securities	The following is a summary of marketable securities at June 30, 2020 and December 31, 2019 (in thousands): June 30, 2020 Cost Gross Unrealized Gains Gross Unrealized Losses Allowance for Credit Losses Estimated Fair Values Marketable securities Corporate bonds and notes $ 25,476 $ 89 $ (1 ) $ — $ 25,564 Total debt securities 25,476 89 (1 ) — 25,564 Money market funds 91,551 — — — 91,551 Total equity securities 91,551 — — — 91,551 Total marketable securities $ 117,027 $ 89 $ (1 ) $ — $ 117,115 Reported in: Cash and cash equivalents $ 91,551 Available-for-sale debt securities 25,564 Total marketable securities $ 117,115 December 31, 2019 Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair Values Marketable securities Corporate bonds and notes $ 41,730 $ 29 $ (13 ) $ 41,746 Commercial paper 4,052 4 — 4,056 Total debt securities 45,782 33 (13 ) 45,802 Money market funds 2,601 — — 2,601 Marketable equity securities 3,405 — (2,281 ) 1,124 Total equity securities 6,006 — (2,281 ) 3,725 Total marketable securities $ 51,788 $ 33 $ (2,294 ) $ 49,527 Reported in: Cash and cash equivalents $ 2,601 Available-for-sale debt securities 45,802 Equity securities 1,124 Total marketable securities $ 49,527
Fair Value and Gross Unrealized Losses Related to Individual Available-for-Sale Debt Securities	The following table summarizes the fair value and gross unrealized losses related to individual AFS debt securities at June 30, 2020 and December 31, 2019, which have been in a continuous unrealized loss position, aggregated by investment category and length of time (in thousands): Less Than 12 Months 12 Months or More Total June 30, 2020 Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses Corporate bonds and notes $ 2,015 $ — $ 6,194 $ (1 ) $ 8,209 $ (1 ) Total $ 2,015 $ — $ 6,194 $ (1 ) $ 8,209 $ (1 ) Less Than 12 Months 12 Months or More Total December 31, 2019 Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses Corporate bonds and notes $ 20,031 $ (10 ) $ 8,753 $ (3 ) $ 28,784 $ (13 ) Total $ 20,031 $ (10 ) $ 8,753 $ (3 ) $ 28,784 $ (13 )
Estimated Fair Value of Marketable Debt Securities by Contractual Maturity	The estimated fair value of marketable debt securities by contractual maturity at June 30, 2020 is shown below (in thousands). Actual maturities may differ from contractual maturities because issuers may have the right to call or prepay obligations without penalties. Estimated Fair Value Due in one year or less $ 22,533 Due in one to two years 3,031 Total $ 25,564

Fair Value (Tables)

Fair Value (Tables)	6 Months Ended
	Jun. 30, 2020
Fair Value Disclosures [Abstract]
Schedule of Fair Value Assets Measured on Recurring Basis	The following sets forth the fair value, and classification within the hierarchy, of the Company’s assets required to be measured at fair value on a recurring basis as of June 30, 2020 (in thousands): Fair Value Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Assets Marketable securities Money market funds - equity securities (1) $ 91,551 $ 91,551 $ — $ — Corporate bonds and notes - debt securities (2) 25,564 — 25,564 — Total Assets $ 117,115 $ 91,551 $ 25,564 $ — (1) Reported as cash and cash equivalents in the Condensed Consolidated Balance Sheet. (2) Reported as AFS debt securities in The following sets forth the fair value, and classification within the hierarchy, of the Company’s assets required to be measured at fair value on a recurring basis as of December 31, 2019 (in thousands): Fair Value Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Assets Marketable securities Money market funds - equity securities (1) $ 2,601 $ 2,601 $ — $ — Marketable equity securities (2) 1,124 1,124 — — Commercial paper - debt securities (3) 4,056 — 4,056 — Corporate bonds and notes - debt securities (3) 41,746 — 41,746 — Total Assets $ 49,527 $ 3,725 $ 45,802 $ — (1) Reported as cash and cash equivalents in the Condensed Consolidated Balance Sheet. (2) Reported as equity securities in the Condensed Consolidated Balance Sheet. (3) Reported as AFS debt securities in
Schedule of Carrying Amounts and Estimated Fair Values	The carrying amounts and estimated fair values are as follows (in thousands): June 30, 2020 December 31, 2019 Carrying Amount Estimated Fair Value Carrying Amount Estimated Fair Value 2020 Term B Loan Facility (1) $ 1,011,035 $ 958,535 $ — $ — 2021 Convertible Notes 48 48 — — 2018 Amended Term B Loan (1) — — 334,679 335,642 Total long-term debt, net $ 1,011,083 $ 958,583 $ 334,679 $ 335,642 (1) Carrying amounts of long-term debt are net of unamortized debt issuance costs of $39.0 million and $9.3 million as of June 30, 2020 and December 31, 2019, respectively. Debt

Business Combination (Tables)

Business Combination (Tables)	6 Months Ended
	Jun. 30, 2020
Business Combinations [Abstract]
Schedule of Merger Consideration	The merger consideration of $828.3 million was calculated as follows (amounts in thousands except exchange ratio and share price): TiVo common shares outstanding as of June 1, 2020 128,132 TiVo exchange ratio 0.455 Xperi Holding Corporation common stock issued in exchange 58,300 Xperi Common Stock closing share price on June 1, 2020 $ 14.00 $ 816,201 Fair value of replaced TiVo equity awards relating to pre-acquisition vesting of the equity award holders’ requisite service periods 12,133 Total merger consideration $ 828,334
Schedule of Preliminary Fair Value that Allocated to Assets and Liabilities	The table below presents the preliminary fair value that was allocated to TiVo's assets and liabilities based upon fair values as determined by the Company. The initial allocation of the purchase price was based on preliminary valuations and assumptions and is subject to change within the measurement period, including current indirect taxes payable, current and non-current income taxes payable and deferred taxes as additional information is received and tax returns are finalized. The Company expects to finalize the allocation of the purchase price within the measurement period. Final determination of the fair values may result in further adjustments to the values presented in the following table ($ in thousands): Estimated Useful Life (years) Estimated Fair Value Cash and cash equivalents $ 117,424 Accounts receivable 105,778 Unbilled contracts receivable 69,058 Other current assets 21,690 Long-term unbilled contracts receivable 129 Property and equipment 41,307 Operating lease right-of-use assets 71,444 Identifiable intangible assets: Patents 10 457,400 Customer contracts and related relationships 4-9 358,200 Developed technology 5 34,800 Content database 9 6,200 Trademarks and tradenames N/A 21,400 Total identifiable intangible assets 878,000 Goodwill 461,129 Other long-term assets 43,700 Accounts payable (13,258 ) Accrued legal fees (5,619 ) Accrued liabilities (79,071 ) Current portion of deferred revenue (29,291 ) Current portion of long-term debt (734,609 ) Deferred revenue, less current portion (24,319 ) Long-term deferred tax liabilities (27,949 ) Long-term debt (48 ) Noncurrent operating lease liabilities (59,291 ) Other long-term liabilities (7,870 ) Total purchase price $ 828,334
Schedule of Unaudited Pro Forma Financial Information	The following unaudited pro forma financial information assumes the companies were combined as of January 1, 2019. The unaudited pro forma financial information as presented below is for informational purposes only and is based on estimates and assumptions that have been made solely for purposes of developing such pro forma information. This is not necessarily indicative of the results of operations that would have been achieved if the Mergers had taken place on January 1, 2019, nor is it necessarily indicative of future results. Consequently, actual results could differ materially from the unaudited pro forma financial information presented below. The following table presents the pro forma operating results as if TiVo had been included in the Company's Condensed Consolidated Statements of Operations as of January 1, 2019 (unaudited, in thousands): Three Months Ended Six Months Ended June 30, 2020 June 30, 2019 June 30, 2020 June 30, 2019 Revenue $ 230,983 $ 249,485 $ 505,878 $ 462,278 Net income (loss) attributable to Xperi Holding Corporation $ 32,445 $ (18,610 ) $ (123,009 ) $ (137,533 )
Schedule of Unaudited Supplemental Pro Forma Information and Adjustments of Mergers	The unaudited supplemental pro forma information above includes the estimated impact of purchase accounting and other material, nonrecurring adjustments directly attributable to the Mergers. These pro forma adjustments primarily include the following (in thousands): Three Months Ended Six Months Ended June 30, 2020 June 30, 2019 June 30, 2020 June 30, 2019 Estimated increase (decrease) to earnings due to revenue adjustments resulting from purchase accounting $ (2,192 ) $ (1,802 ) $ (4,823 ) $ (3,811 ) Estimated increase (decrease) to earnings to adjust for transaction costs incurred in connection with the Mergers $ 25,677 $ — $ 30,202 $ (20,284 ) Estimated increase (decrease) to earnings to adjust for stock-based compensation expense relating to certain TiVo equity awards $ 2,901 $ 385 $ 3,436 $ (1,784 ) Estimated increase (decrease) to earnings to adjust for severance costs incurred in connection with the Mergers $ 6,663 $ (12 ) $ 6,663 $ (7,802 ) Estimated increase (decrease) to earnings to reflect payoff of historical debt and issuance of new debt financing in connection with the Mergers $ 12,023 $ (2,643 ) $ 20,752 $ (16,708 ) Estimated increase (decrease) to earnings due to pro forma adjustments for income taxes (1)(2) $ 22,931 $ 1,210 $ 16,257 $ (19,277 ) (1) For the three and six months ended June 30, 2020, the pro forma tax adjustments primarily reflect the recognition by TiVo of a refund request of South Korean withholding taxes prior to the Mergers in the quarter ended June 30, 2020. (2) For the three and six months ended June 30, 2019, the pro forma tax adjustments relate primarily to the alignment of TiVo’s methodology for interim period accounting for income taxes to Xperi's methodology, as well as the assumption that the combined company placed a valuation allowance on its federal and state deferred tax assets prior to 2019.

Goodwill and Identified Intan_2

Goodwill and Identified Intangible Assets (Tables)	6 Months Ended
	Jun. 30, 2020
Goodwill And Intangible Assets Disclosure [Abstract]
Summary of Carrying Amount of Goodwill by Reportable Segment	The following table reflects the carrying amounts of goodwill by reportable segment (in thousands): Product IP Licensing Total December 31, 2019 $ 378,084 $ 7,700 $ 385,784 Goodwill acquired through the Mergers (1) 146,061 315,068 461,129 June 30, 2020 $ 524,145 $ 322,768 $ 846,913 (1) Final determination of the goodwill value assignment may result in adjustments to the preliminary value recorded. See “Note 7 – Business Combination” for additional details .
Identified Intangible Assets	Identified intangible assets consisted of the following (in thousands): Average June 30, 2020 December 31, 2019 Life (Years) Gross Assets Accumulated Amortization Net Gross Assets Accumulated Amortization Net Finite-lived intangible assets Acquired patents / core technology (1) 3-15 $ 609,084 $ (141,993 ) $ 467,091 $ 151,184 $ (135,952 ) $ 15,232 Existing technology / content database (2) (3) 5-10 247,905 (148,928 ) 98,977 206,878 (130,890 ) 75,988 Customer contracts and related relationships (4) 3-9 649,986 (202,729 ) 447,257 291,769 (174,741 ) 117,028 Trademarks/trade name 4-10 40,083 (18,542 ) 21,541 40,083 (16,056 ) 24,027 Non-competition agreements 1 2,231 (2,231 ) — 2,231 (2,231 ) — Total finite-lived intangible assets 1,549,289 (514,423 ) 1,034,866 692,145 (459,870 ) 232,275 Indefinite-lived intangible assets TiVo Tradename/trademarks (5) N/A 21,400 — 21,400 — — — Total intangible assets $ 1,570,689 $ (514,423 ) $ 1,056,266 $ 692,145 $ (459,870 ) $ 232,275 (1) In June 2020, $457.4 million of patents was acquired through the Mergers. See “Note 7 – Business Combination.” (2) In June 2020, $34.8 million of existing (developed) technology was acquired through the Mergers. See “Note 7 – Business Combination.” (3) In June 2020, $6.2 million of content database was acquired through the Mergers. See “Note 7 – Business Combination.” (4) In June 2020, $358.2 million of customer contracts and related relationships was acquired through the Mergers. See “Note 7 – Business Combination.” (5) In June 2020, $21.4 million of TiVo Tradename/trademarks was acquired through the Mergers. See “Note 7 – Business Combination.”
Estimated Future Amortization Expense	As of June 30, 2020, the estimated future amortization expense of total finite-lived intangible assets was as follows (in thousands): 2020 (remaining 6 months) $ 101,141 2021 195,771 2022 147,333 2023 136,453 2024 97,648 Thereafter 356,520 $ 1,034,866

Debt (Tables)

Debt (Tables)	6 Months Ended
	Jun. 30, 2020
Debt Disclosure [Abstract]
Schedule of Outstanding Amounts of Debt	The outstanding amounts of debt were as follows (in thousands): June 30, 2020 December 31, 2019 2020 Term B Loan Facility $ 1,050,000 $ — 2021 Convertible Notes 48 — 2018 Amended Term B Loan — 344,000 Unamortized debt issuance costs (38,965 ) (9,321 ) 1,011,083 334,679 Less: current portion, net of debt issuance costs (43,612 ) — Total long-term debt, net of current portion $ 967,471 $ 334,679
Summarize of Future Minimum Principal Payments for Long-term Debt	As of June 30, 2020, future minimum principal payments for long-term debt are summarized as follows (in thousands): 2020 (remaining 6 months) $ 26,250 2021 52,548 2022 52,500 2023 72,188 2024 78,750 Thereafter 767,812 Total $ 1,050,048

Net Loss Per Share (Tables)

Net Loss Per Share (Tables)	6 Months Ended
	Jun. 30, 2020
Earnings Per Share [Abstract]
Computation of Basic and Diluted Net Loss Per Share	The following table sets forth the computation of basic and diluted shares (in thousands): Three Months Ended Six Months Ended June 30, 2020 June 30, 2019 June 30, 2020 June 30, 2019 Denominator: Weighted average common shares outstanding 69,160 49,259 59,462 48,918 Less: shares of restricted stock subject to repurchase — — — — Total common shares-basic 69,160 49,259 59,462 48,918 Effect of dilutive securities: Options — — — — Restricted stock awards and units — — — — Total common shares-diluted 69,160 49,259 59,462 48,918

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	6 Months Ended
	Jun. 30, 2020
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Summary of Stock Option Activity	A summary of the stock option activity is presented below (in thousands, except per share amounts): Options Outstanding Number of Shares Subject to Options Weighted Average Exercise Price Per Share Balance at December 31, 2019 605 $ 26.68 Options granted — — Options assumed 175 $ 50.93 Options exercised — — Options canceled / forfeited / expired (41 ) $ 37.70 Balance at June 30, 2020 739 $ 31.75
Summary of Restricted Stock Awards and Units	Information with respect to outstanding restricted stock awards and units as of June 30, 2020 Restricted Stock and Restricted Stock Units Number of Shares Subject to Time- based Vesting Number of Shares Subject to Performance- based Vesting Total Number of Shares Weighted Average Grant Date Fair Value Per Share Balance at December 31, 2019 2,371 554 2,925 $ 25.99 Awards and units granted 1,015 — 1,015 $ 10.78 Awards and units assumed 2,185 253 2,438 $ 13.99 Awards converted 107 (107 ) — $ 29.79 Awards and units vested / earned (997 ) (386 ) (1,383 ) $ 23.43 Awards and units canceled / forfeited (52 ) (243 ) (295 ) $ 28.04 Balance at June 30, 2020 4,629 71 4,700 $ 17.11

Stock-Based Compensation Expe_2

Stock-Based Compensation Expense (Tables)	6 Months Ended
	Jun. 30, 2020
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Effect of Recording Stock-Based Compensation Expense	The effect of recording stock-based compensation expense for the three and six months ended June 30, 2020 and 2019 is as follows (in thousands): Three Months Ended Six Months Ended June 30, 2020 June 30, 2019 June 30, 2020 June 30, 2019 Cost of licensing, services and software revenue $ 73 $ — $ 73 $ — Research, development and other related costs 2,838 3,146 5,874 6,749 Selling, general and administrative 5,558 4,075 10,509 8,095 Total stock-based compensation expense 8,469 7,221 16,456 14,844 Tax effect on stock-based compensation expense (353 ) (1,163 ) (1,495 ) (2,385 ) Net effect on net loss $ 8,116 $ 6,058 $ 14,961 $ 12,459
Stock-Based Compensation Expense Categorized by Equity Components	Stock-based compensation expense categorized by various equity components for the three and six months ended June 30, 2020 and 2019 is summarized in the table below (in thousands): Three Months Ended Six Months Ended June 30, 2020 June 30, 2019 June 30, 2020 June 30, 2019 Restricted stock awards and units $ 8,147 $ 6,717 $ 15,440 $ 13,651 Employee stock purchase plan 296 440 986 1,061 Employee stock options 26 64 30 132 Total stock-based compensation expense $ 8,469 $ 7,221 $ 16,456 $ 14,844
Schedule of Assumptions Used to Value Options Granted	The following assumptions were used to value the ESPP shares for these grants: February 2020 February 2019 Expected life (years) 2.0 2.0 Risk-free interest rate 1.4 % 2.5 % Dividend yield 4.0 % 5.4 % Expected volatility 45.8 % 53.4 %

Leases (Tables)

Leases (Tables)	6 Months Ended
	Jun. 30, 2020
Leases [Abstract]
Schedule of Operating Lease Costs	The components of operating lease costs were as follows (in thousands): Three Months Ended Six Months Ended June 30, 2020 June 30, 2019 June 30, 2020 June 30, 2019 Fixed lease cost (1) $ 3,323 $ 1,787 $ 5,156 $ 3,424 Variable lease cost 594 267 941 581 Less: sublease income (843 ) — (843 ) — Total operating lease cost $ 3,074 $ 2,054 $ 5,254 $ 4,005 (1) Includes short-term leases, which were immaterial.
Schedule of Other Information Related to Leases	Other information related to leases was as follows (in thousands, except lease term and discount rate): Three Months Ended, Six Months Ended June 30, 2020 June 30, 2019 June 30, 2020 June 30, 2019 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 3,088 $ 1,463 $ 4,726 $ 3,017 ROU assets obtained in exchange for new lease liabilities: Operating leases $ 3,673 $ 3,730 $ 3,673 $ 4,775 June 30, 2020 December 31, 2019 Weighted-average remaining lease term (years): Operating leases 5.5 4.6 Weighted-average discount rate: Operating leases 5.3 % 5.7 %
Schedule of Future Minimum Lease Payments and Related Lease Liabilities	Future minimum lease payments and related lease liabilities as of June 30, 2020 were as follows (in thousands): Operating Lease Payments (1) Sublease Income Net Operating Lease Payments 2020 (remaining 6 months) $ 10,976 $ (3,292 ) $ 7,684 2021 22,573 (6,257 ) 16,316 2022 18,118 (6,117 ) 12,001 2023 15,852 (6,231 ) 9,621 2024 15,244 (6,293 ) 8,951 Thereafter 22,903 (7,214 ) 15,689 Total lease payments 105,666 (35,404 ) 70,262 Less: imputed interest (14,175 ) — (14,175 ) Present value of lease liabilities: $ 91,491 $ (35,404 ) $ 56,087 Less: current obligations under leases (accrued liabilities) 18,017 Noncurrent operating lease liabilities $ 73,474 (1) Future minimum lease payments exclude short-term leases as well as payments to landlords for variable common area maintenance, insurance and real estate taxes. As of December 31, 2019, future minimum lease payments were as follows (in thousands): Operating Leases 2020 $ 6,387 2021 4,558 2022 3,259 2023 3,235 2024 2,619 Thereafter 1,977 Total lease payments 22,035 Less: imputed interest (2,776 ) Present value of lease liabilities: $ 19,259 Less: current obligations under leases (accrued liabilities) 5,845 Noncurrent operating lease liabilities $ 13,414

Segment and Geographic Inform_2

Segment and Geographic Information (Tables)	6 Months Ended
	Jun. 30, 2020
Segment Reporting [Abstract]
Schedule of Segment Reporting Information by Segment	The following table sets forth the Company’s segment revenue, operating expenses and operating income (loss) for the three and six months ended June 30, 2020 and 2019 (in thousands): Three Months Ended Six Months Ended June 30, 2020 June 30, 2019 June 30, 2020 June 30, 2019 Revenue: Product segment $ 64,124 $ 61,431 $ 120,066 $ 105,999 IP Licensing segment 73,507 13,684 135,230 25,683 Total revenue 137,631 75,115 255,296 131,682 Operating expenses: Product segment 66,557 46,817 112,794 93,717 IP Licensing segment 20,449 9,362 30,744 19,745 Unallocated operating expenses (1) 68,344 (2) 27,252 104,950 (3) 56,533 Total operating expenses 155,350 83,431 248,488 169,995 Operating income (loss): Product segment (2,433 ) 14,614 7,272 12,282 IP Licensing segment 53,058 4,322 104,486 5,938 Unallocated operating expenses (1) (68,344 ) (27,252 ) (104,950 ) (56,533 ) Total operating income (loss) $ (17,719 ) $ (8,316 ) $ 6,808 $ (38,313 ) (1) Unallocated operating expenses consist primarily of selling, marketing, general and administrative expenses, such as administration, human resources, finance, information technology, corporate development and procurement. These expenses are not allocated because these amounts are not considered in evaluating the operating performance of the Company’s business segments. (2) Includes approximately $24.4 million in one-time transaction costs related to the Mergers and $8.2 million in employee severance and acceleration of contractually-obligated equity awards for departing executives. (3) Includes approximately $27.5 million in one-time transaction costs related to the Mergers and $8.2 million in employee severance and acceleration of contractually-obligated equity awards for departing executives.
Schedule of Geographic Revenue Information	The table below lists the geographic revenue for the periods indicated (in thousands): Three Months Ended Six Months Ended June 30, 2020 June 30, 2019 June 30, 2020 June 30, 2019 South Korea $ 60,974 45 % $ 16,412 22 % $ 88,557 35 % $ 33,915 26 % U.S. 43,049 31 12,574 17 66,094 26 24,006 18 Japan 14,032 10 33,827 45 65,354 26 51,059 39 Europe and Middle East 6,982 5 6,463 9 11,430 4 10,463 8 Other 12,594 9 5,839 7 23,861 9 12,239 9 $ 137,631 100 % $ 75,115 100 % $ 255,296 100 % $ 131,682 100 %

The Company and Basis of Pres_2

The Company and Basis of Presentation - Narrative (Details) $ / shares in Units, $ in Thousands	6 Months Ended
	Jun. 30, 2020USD ($)Patentbusinesssegment$ / shares	Jun. 02, 2020$ / shares	Dec. 31, 2019USD ($)$ / shares	Mar. 31, 2019USD ($)
Organization Consolidation And Presentation [Line Items]
Effective date of merger	Jun. 1, 2020
Common stock, par value (in dollars per share) | $ / shares	$ 0.001	$ 0.001	$ 0.001
Number of principal businesses segment | segment	2
Retained earnings	$ 124,887		$ 148,317
Current unbilled receivable	$ 184,101		$ 121,826
Out-of-Period Adjustment | Accounting Standards Update 2014-09
Organization Consolidation And Presentation [Line Items]
Retained earnings				$ (2,900)
Current unbilled receivable				$ (2,900)
Perceive Corporation
Organization Consolidation And Presentation [Line Items]
Ownership interest, percentage	83.00%
Product Business And Intellectual Property Licensing Business
Organization Consolidation And Presentation [Line Items]
Number of principal businesses segment | business	2
Minimum
Organization Consolidation And Presentation [Line Items]
Number of patents and applications | Patent	11,000

Summary of Significant Accoun_3

Summary of Significant Accounting Policies - Additional Information (Details)	Jun. 30, 2020
Accounting Standards Update 2016-13
Summary of Significant Accounting Policies [Line Items]
Change in accounting principle, accounting standards update, adopted [true false]	true
Change in accounting principle accounting standards update adoption date	Jan. 1, 2020
Change in accounting principle, accounting standards update, immaterial effect [true false]	true
Accounting Standards Update 2018-15
Summary of Significant Accounting Policies [Line Items]
Change in accounting principle, accounting standards update, adopted [true false]	true
Change in accounting principle accounting standards update adoption date	Jan. 1, 2020
Change in accounting principle, accounting standards update, immaterial effect [true false]	true

Revenue - Narrative (Details)

Revenue - Narrative (Details)	6 Months Ended
	Jun. 30, 2020segment
Revenue Recognition [Line Items]
Number of operating segments	2
Right to cancel subscription, period	30 days
Maximum [Member]
Revenue Recognition [Line Items]
Practical expedient, timing of revenue recognition differs from the timing of cash collection, period	1 year
Revenue recognition practical expedient amortization period	1 year
Practical expedient revenue expected to be recognized from unsatisfied performance obligations, duration	1 year

Revenue - Schedule of Contract

Revenue - Schedule of Contract Assets (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Revenue From Contract With Customer [Abstract]
Unbilled contracts receivable	$ 184,101	$ 121,826
Other current assets	331
Long-term unbilled contracts receivable	20,582	26,672
Other long-term assets	671
Total contract assets	$ 205,685	$ 148,498

Revenue - Schedule of Allowance

Revenue - Schedule of Allowance for Credit Losses (Details) - USD ($) $ in Thousands		3 Months Ended	6 Months Ended
		Jun. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2019
Accounts Notes And Loans Receivable [Line Items]
Beginning balance		$ 2,469	$ 2,469		$ 566
Balance at end of period		2,469	2,469
Accounts Receivable
Accounts Notes And Loans Receivable [Line Items]
Beginning balance		2,469	2,469	$ 2,226	$ 566
Provision for credit loss expense	[1]	299	2,228
Recoveries/charged-off		(56)	(325)
Balance at end of period		2,469	2,469
Unbilled Contracts Receivable
Accounts Notes And Loans Receivable [Line Items]
Beginning balance		357	357	$ 283
Provision for credit loss expense	[1]	74	357
Balance at end of period		$ 357	$ 357
[1]	The increase in provision for credit loss expense was based on assessment of current conditions including the COVID-19 pandemic and anticipation of delayed or delinquent payments on existing accounts receivable as a result of declining financial health and liquidity positions of certain of the Company’s customers.

Revenue - Revenue Recognized in

Revenue - Revenue Recognized in Period (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Revenue From Contract With Customer [Abstract]
Amounts included in deferred revenue at the beginning of the period	$ 796	$ 2,124	$ 620	$ 3,167
Performance obligations satisfied in previous periods (true ups, licensee reporting adjustments and settlements)	$ 7,078	$ 2,472	$ 54,222	$ 3,637

Revenue - Performance Obligatio

Revenue - Performance Obligations (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction [Line Items]
Remaining performance obligations	$ 544,431	$ 6,672
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date: 2020-01-01
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction [Line Items]
Remaining performance obligations		$ 5,337
Performance obligations expected to be satisfied, expected timing		1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date: 2020-07-01
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction [Line Items]
Remaining performance obligations	$ 92,742
Performance obligations expected to be satisfied, expected timing	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date: 2021-01-01
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction [Line Items]
Remaining performance obligations		$ 990
Performance obligations expected to be satisfied, expected timing		1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date: 2021-07-01
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction [Line Items]
Remaining performance obligations	$ 130,154
Performance obligations expected to be satisfied, expected timing	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date: 2022-01-01
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction [Line Items]
Remaining performance obligations		$ 345
Performance obligations expected to be satisfied, expected timing		1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date: 2022-07-01
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction [Line Items]
Remaining performance obligations	$ 93,047
Performance obligations expected to be satisfied, expected timing	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date: 2023-07-01
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction [Line Items]
Remaining performance obligations	$ 84,773
Performance obligations expected to be satisfied, expected timing	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date: 2024-07-01
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction [Line Items]
Remaining performance obligations	$ 72,738
Performance obligations expected to be satisfied, expected timing	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date: 2025-07-01
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction [Line Items]
Remaining performance obligations	$ 70,977
Performance obligations expected to be satisfied, expected timing

Revenue - Performance Obligat_2

Revenue - Performance Obligations (Details 1) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Revenue From Contract With Customer [Abstract]
Remaining performance obligations	$ 544,431	$ 6,672

Composition Of Certain Financ_3

Composition Of Certain Financial Statement Captions - Schedule of Other Current Assets (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Prepaid income taxes	$ 4,161	$ 2,364
Prepaid expenses	22,426	8,802
Inventory	3,097	100
Other	6,678	2,469
Other current assets, total	$ 36,362	$ 13,735

Composition Of Certain Financ_4

Composition Of Certain Financial Statement Captions - Schedule of Property and Equipment, Net (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 106,970	$ 64,165
Less: accumulated depreciation and amortization	(35,945)	(31,288)
Property and equipment, net	71,025	32,877
Equipment, furniture and other
Property, Plant and Equipment [Line Items]
Property and equipment, gross	57,308	32,504
Building and improvements
Property, Plant and Equipment [Line Items]
Property and equipment, gross	18,309	18,258
Land
Property, Plant and Equipment [Line Items]
Property and equipment, gross	5,300	5,300
Leasehold improvements
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 26,053	$ 8,103

Composition Of Certain Financ_5

Composition Of Certain Financial Statement Captions -Schedule of Accrued Liabilities (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Employee compensation and benefits	$ 29,192	$ 18,404
Accrued expenses	25,748	7,930
Current portion of operating lease liabilities	18,017	5,845
Accrued severance	8,784
Third-party royalties	3,806	6,165
Other	19,821	3,089
Accrued liabilities, total	$ 105,368	$ 41,433

Composition of Certain Financ_6

Composition of Certain Financial Statement Captions - Schedule of Other Long-Term Liabilities (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Long-term income tax payable	$ 92,941	$ 76,767
Other	3,299	131
Other long-term liabilities, total	$ 96,240	$ 76,898

Composition Of Certain Financ_7

Composition Of Certain Financial Statement Captions - Schedule of Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Foreign currency translation adjustment, net of tax	$ 155
Unrealized gain (loss) on available-for-sale debt securities, net of tax	15	$ (53)
Accumulated other comprehensive income (loss)	$ 170	$ (53)

Composition Of Certain Financ_8

Composition Of Certain Financial Statement Captions - Schedule of Other Income and Expense, Net (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Disaggregation of Revenue [Line Items]
Interest income from significant financing components under Topic 606	$ 137,631	$ 75,115	$ 255,296	$ 131,682
Interest income from investments	307	682	792	1,282
Unrealized/realized gain (loss) on marketable equity securities	26	2,032	(707)	1,622
Other income/(expense), net	(476)	238	(638)	484
Other income and expense, net	578	4,806	1,143	7,108
Financing
Disaggregation of Revenue [Line Items]
Interest income from significant financing components under Topic 606	$ 721	$ 1,854	$ 1,696	$ 3,720

Financial Instruments - Summary

Financial Instruments - Summary of Marketable Securities (Details) - USD ($)	Jun. 30, 2020	Dec. 31, 2019
Marketable Securities [Line Items]
Debt securities, Cost	$ 25,476,000	$ 45,782,000
Debt securities, Gross Unrealized Gains	89,000	33,000
Debt securities, Gross Unrealized Losses	(1,000)	(13,000)
Debt securities, Allowance for Credit Losses	0
Debt securities, Estimated Fair Values	25,564,000	45,802,000
Equity securities, Cost	91,551,000	6,006,000
Equity securities, Gross Unrealized Gains	0	0
Equity securities, Gross Unrealized Losses	0	(2,281,000)
Equity securities, Allowance for Credit Losses	0
Equity securities, Estimated Fair Values	91,551,000	3,725,000
Marketable securities, Cost	117,027,000	51,788,000
Marketable securities, Gross Unrealized Gains	89,000	33,000
Marketable securities, Gross Unrealized Losses	(1,000)	(2,294,000)
Marketable securities, Allowance for Credit Losses	0
Marketable securities, Estimated Fair Values	117,115,000	49,527,000
Corporate bonds and notes
Marketable Securities [Line Items]
Debt securities, Cost	25,476,000	41,730,000
Debt securities, Gross Unrealized Gains	89,000	29,000
Debt securities, Gross Unrealized Losses	(1,000)	(13,000)
Debt securities, Allowance for Credit Losses	0
Debt securities, Estimated Fair Values	25,564,000	41,746,000
Commercial paper
Marketable Securities [Line Items]
Debt securities, Cost		4,052,000
Debt securities, Gross Unrealized Gains		4,000
Debt securities, Gross Unrealized Losses		0
Debt securities, Estimated Fair Values		4,056,000
Marketable equity securities
Marketable Securities [Line Items]
Equity securities, Cost		3,405,000
Equity securities, Gross Unrealized Gains		0
Equity securities, Gross Unrealized Losses		(2,281,000)
Equity securities, Estimated Fair Values		1,124,000
Money market funds
Marketable Securities [Line Items]
Equity securities, Cost	91,551,000	2,601,000
Equity securities, Gross Unrealized Gains	0	0
Equity securities, Gross Unrealized Losses	0	0
Equity securities, Allowance for Credit Losses	0
Equity securities, Estimated Fair Values	91,551,000	2,601,000
Cash and cash equivalents
Marketable Securities [Line Items]
Marketable securities, Estimated Fair Values	91,551,000	2,601,000
Available-for-sale debt securities
Marketable Securities [Line Items]
Marketable securities, Estimated Fair Values	$ 25,564,000	45,802,000
Equity Securities
Marketable Securities [Line Items]
Marketable securities, Estimated Fair Values		$ 1,124,000

Financial Instruments - Additio

Financial Instruments - Additional Information (Details) - USD ($)	Jul. 05, 2019	Sep. 19, 2018	Jun. 30, 2020	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Schedule Of Investments [Line Items]
Cash, cash equivalents and short -term investments			$ 199,600,000	$ 199,600,000		$ 199,600,000		$ 121,500,000
Gross realized gains and losses on sales of marketable securities				0	$ 0	0	$ 0
Unrealized gain and loss net of tax on marketable debt securities			100,000	100,000		100,000		100,000
Impairment charges related to marketable debt securities					$ 0		$ 0
Provision for credit loss expense related available for sale debt securities			0	0		0
Derivative instruments outstanding			0	0		0
Non-marketable Equity Securities | TiVo Merger
Schedule Of Investments [Line Items]
Equity securities accounted for under equity method			3,800,000	3,800,000		3,800,000
Equity securities without a readily determinable fair value			$ 100,000	100,000		100,000
Non-marketable equity securities, without a readily determinable fair value, impairments or adjustments				0
Onkyo Corporation
Schedule Of Investments [Line Items]
Number of common shares purchased		7,000,000
Ownership interest, percentage		6.30%
Number of investment shares sold	2,800,000		4,200,000		0		0
Equity securities, cumulative unrealized gains (loss)								2,300,000
Equity securities, realized gains (loss) on sales	$ 900,000			(700,000)		(700,000)
Operating Accounts
Schedule Of Investments [Line Items]
Cash, cash equivalents and short -term investments			$ 82,500,000	$ 82,500,000		$ 82,500,000		$ 72,000,000

Financial Instruments - Fair Va

Financial Instruments - Fair Value and Gross Unrealized Losses Related to Individual Available-for-Sale Debt Securities (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Debt Securities, Available-for-sale [Line Items]
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Fair Value	$ 2,015	$ 20,031
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Gross Unrealized Losses	0	(10)
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 months or more, Fair Value	6,194	8,753
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 months or more, Gross Unrealized Losses	(1)	(3)
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	8,209	28,784
Available-for-sale Securities, Continuous Unrealized Loss Position, Gross Unrealized Losses	(1)	(13)
Corporate bonds and notes
Debt Securities, Available-for-sale [Line Items]
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Fair Value	2,015	20,031
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Gross Unrealized Losses	0	(10)
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 months or more, Fair Value	6,194	8,753
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 months or more, Gross Unrealized Losses	(1)	(3)
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	8,209	28,784
Available-for-sale Securities, Continuous Unrealized Loss Position, Gross Unrealized Losses	$ (1)	$ (13)

Financial Instruments - Estimat

Financial Instruments - Estimated Fair Value of Marketable Debt Securities by Contractual Maturity (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Investments Debt And Equity Securities [Abstract]
Due in one year or less	$ 22,533
Due in one to two years	3,031
Total	$ 25,564	$ 45,802

Fair Value - Schedule of Fair V

Fair Value - Schedule of Fair Value Assets Measured on Recurring Basis (Details) - Recurring - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	$ 117,115	$ 49,527
Quoted Prices in Active Markets for Identical Assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	91,551	3,725
Significant Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	25,564	45,802
Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	0	0
Money market funds - equity securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	91,551	2,601
Money market funds - equity securities | Quoted Prices in Active Markets for Identical Assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	91,551	2,601
Money market funds - equity securities | Significant Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	0	0
Money market funds - equity securities | Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	0	0
Corporate bonds and notes - Debt securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	25,564	41,746
Corporate bonds and notes - Debt securities | Quoted Prices in Active Markets for Identical Assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	0	0
Corporate bonds and notes - Debt securities | Significant Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	25,564	41,746
Corporate bonds and notes - Debt securities | Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	$ 0	0
Marketable equity securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value		1,124
Marketable equity securities | Quoted Prices in Active Markets for Identical Assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value		1,124
Marketable equity securities | Significant Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value		0
Marketable equity securities | Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value		0
Commercial paper - debt securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value		4,056
Commercial paper - debt securities | Quoted Prices in Active Markets for Identical Assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value		0
Commercial paper - debt securities | Significant Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value		4,056
Commercial paper - debt securities | Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value		$ 0

Fair Value - Schedule of Carryi

Fair Value - Schedule of Carrying Amounts and Estimated Fair Values of Financial Instruments on Recurring Basis (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Total long-term debt, net - Carrying Amount	$ 967,471	$ 334,679
Recurring
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Total long-term debt, net - Carrying Amount	1,011,083	334,679
Total long-term debt, net - Estimated Fair Value	958,583	335,642
Recurring | 2020 Term B Loan Facility
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Total long-term debt, net - Carrying Amount	1,011,035	0
Total long-term debt, net - Estimated Fair Value	958,535	0
Recurring | 2021 Convertible Notes
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Total long-term debt, net - Carrying Amount	48	0
Total long-term debt, net - Estimated Fair Value	48	0
Recurring | 2018 Amended Term B Loan
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Total long-term debt, net - Carrying Amount	0	334,679
Total long-term debt, net - Estimated Fair Value	$ 0	$ 335,642

Fair Value - Schedule of Carr_2

Fair Value - Schedule of Carrying Amounts and Estimated Fair Values of Financial Instruments on Recurring Basis (Parenthetical) (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Unamortized debt issuance costs	$ 38,965	$ 9,321
Term B Loan Facility
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Unamortized debt issuance costs	$ 39,000	$ 9,300

Business Combination - Addition

Business Combination - Additional Information (Details) $ / shares in Units, $ in Thousands	Jun. 01, 2020USD ($)$ / shares	Jun. 30, 2020USD ($)$ / shares	Jun. 30, 2019USD ($)	Jun. 30, 2020USD ($)$ / shares	Jun. 30, 2019USD ($)	Jun. 02, 2020$ / shares	Dec. 31, 2019$ / shares
Business Acquisition [Line Items]
Common stock, par value | $ / shares		$ 0.001		$ 0.001		$ 0.001	$ 0.001
Total revenue		$ 137,631	$ 75,115	$ 255,296	$ 131,682
Net loss		(17,719)	(8,316)	6,808	(38,313)
Post-merger severance cost		8,200		8,200
Stock-based compensation expense		8,469	$ 7,221	$ 16,456	$ 14,844
Xperi
Business Acquisition [Line Items]
Common stock, conversion ratio	1
TiVo
Business Acquisition [Line Items]
Common stock, conversion ratio	0.455
TiVo Merger
Business Acquisition [Line Items]
Merger effective date				Jun. 1, 2020
Merger agreement date				Dec. 18, 2019
Merger agreement amended date				Jan. 31, 2020
Common stock, par value | $ / shares	$ 0.001
Common stock, conversion ratio	1
Merger consideration	$ 828,334
Unvested equity incentive awards assumed, fair value	34,100
Unvested equity incentive awards assumed, pre-acquisition services	12,100
Unvested equity incentive awards assumed, post-acquisition services	$ 22,000
Estimated weighted average remaining service period	2 years 6 months
Goodwill expected to be deductible for tax purposes	$ 16,400
Total revenue		52,800		$ 52,800
Net loss		9,500		9,500
Transaction costs		24,400		$ 27,500
Post-merger severance cost		6,700
Stock-based compensation expense		$ 1,500
TiVo Merger | 2019 Term Loan
Business Acquisition [Line Items]
Percentage of prepayment premium				3.00%
Percentage of prepayment penalty				3.00%
TiVo Merger | Xperi
Business Acquisition [Line Items]
Common stock, par value | $ / shares	$ 0.001
TiVo Merger | TiVo
Business Acquisition [Line Items]
Common stock, par value | $ / shares	$ 0.001
Common stock, conversion ratio	0.455

Business Combination - Schedule

Business Combination - Schedule of Merger Consideration (Details) $ / shares in Units, $ in Thousands	Jun. 01, 2020USD ($)$ / sharesshares	Jun. 30, 2020shares	Dec. 31, 2019shares
Business Acquisition [Line Items]
TiVo common shares outstanding as of June 1, 2020 | shares		108,148,000	49,620,000
TiVo Merger
Business Acquisition [Line Items]
TiVo exchange ratio	1
Equity interests issued and issuable | $	$ 816,201
Fair value of replaced TiVo equity awards relating to pre-acquisition vesting of the equity award holders’ requisite service periods | $	12,133
Total merger consideration | $	$ 828,334
TiVo
Business Acquisition [Line Items]
TiVo exchange ratio	0.455
TiVo | TiVo Merger
Business Acquisition [Line Items]
TiVo common shares outstanding as of June 1, 2020 | shares	128,132,000
TiVo exchange ratio	0.455
Xperi
Business Acquisition [Line Items]
TiVo exchange ratio	1
Xperi | TiVo Merger
Business Acquisition [Line Items]
Number of common shares purchased | shares	58,300,000
Xperi Common Stock closing share price on June 1, 2020 | $ / shares	$ 14

Business Combination - Schedu_2

Business Combination - Schedule of Preliminary Fair Value that Allocated to Assets and Liabilities (Details) - USD ($) $ in Thousands	Jun. 01, 2020	Jun. 30, 2020	Dec. 31, 2019
Identifiable intangible assets:
Goodwill		$ 846,913	$ 385,784
Trademarks and tradenames | Minimum
Business Acquisition [Line Items]
Estimated Useful Life (years)		4 years
Trademarks and tradenames | Maximum [Member]
Business Acquisition [Line Items]
Estimated Useful Life (years)		10 years
TiVo Merger
Business Acquisition [Line Items]
Cash and cash equivalents	$ 117,424
Accounts receivable	105,778
Unbilled contracts receivable	69,058
Other current assets	21,690
Long-term unbilled contracts receivable	129
Property and equipment	41,307
Operating lease right-of-use assets	71,444
Identifiable intangible assets:
Total identifiable intangible assets	878,000
Goodwill	461,129
Other long-term assets	43,700
Accounts payable	(13,258)
Accrued legal fees	(5,619)
Accrued liabilities	(79,071)
Current portion of deferred revenue	(29,291)
Current portion of long-term debt	(734,609)
Deferred revenue, less current portion	(24,319)
Long-term deferred tax liabilities	(27,949)
Long-term debt	(48)
Noncurrent operating lease liabilities	(59,291)
Other long-term liabilities	(7,870)
Total purchase price	$ 828,334
TiVo Merger | Patents
Business Acquisition [Line Items]
Estimated Useful Life (years)	10 years
Identifiable intangible assets:
Total identifiable intangible assets	$ 457,400
TiVo Merger | Customer contracts and related relationships
Identifiable intangible assets:
Total identifiable intangible assets	$ 358,200
TiVo Merger | Customer contracts and related relationships | Minimum
Business Acquisition [Line Items]
Estimated Useful Life (years)	4 years
TiVo Merger | Customer contracts and related relationships | Maximum [Member]
Business Acquisition [Line Items]
Estimated Useful Life (years)	9 years
TiVo Merger | Developed technology
Business Acquisition [Line Items]
Estimated Useful Life (years)	5 years
Identifiable intangible assets:
Total identifiable intangible assets	$ 34,800
TiVo Merger | Content database
Business Acquisition [Line Items]
Estimated Useful Life (years)	9 years
Identifiable intangible assets:
Total identifiable intangible assets	$ 6,200
TiVo Merger | Trademarks and tradenames
Identifiable intangible assets:
Total identifiable intangible assets	$ 21,400

Business Combination - Schedu_3

Business Combination - Schedule of Unaudited Pro Forma Financial Information (Details) - TiVo Merger - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Business Acquisition [Line Items]
Revenue	$ 230,983	$ 249,485	$ 505,878	$ 462,278
Net income (loss) attributable to Xperi Holding Corporation	$ 32,445	$ (18,610)	$ (123,009)	$ (137,533)

Business Combination - Schedu_4

Business Combination - Schedule of Unaudited Supplemental Pro Forma Information and Adjustments of Mergers (Details) - TiVo Merger - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Adjustments Resulting From Purchase Accounting
Business Acquisition Pro Forma Information Nonrecurring Adjustment [Line Items]
Estimated increase (decrease) to earnings	$ (2,192)	$ (1,802)	$ (4,823)	$ (3,811)
Adjustments For Transaction Costs
Business Acquisition Pro Forma Information Nonrecurring Adjustment [Line Items]
Estimated increase (decrease) to earnings	25,677		30,202	(20,284)
Adjustments For Stock-based Compensation Expense
Business Acquisition Pro Forma Information Nonrecurring Adjustment [Line Items]
Estimated increase (decrease) to earnings	2,901	385	3,436	(1,784)
Adjustments For Severance Costs
Business Acquisition Pro Forma Information Nonrecurring Adjustment [Line Items]
Estimated increase (decrease) to earnings	6,663	(12)	6,663	(7,802)
Payoff of Historical Debt and Issuance of New Debt
Business Acquisition Pro Forma Information Nonrecurring Adjustment [Line Items]
Estimated increase (decrease) to earnings	12,023	(2,643)	20,752	(16,708)
Adjustments For Income Taxes
Business Acquisition Pro Forma Information Nonrecurring Adjustment [Line Items]
Estimated increase (decrease) to earnings	$ 22,931	$ 1,210	$ 16,257	$ (19,277)

Goodwill and Identified Intan_3

Goodwill and Identified Intangible Assets - Additional Information (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Jun. 01, 2020	Dec. 31, 2019
Finite-Lived Intangible Assets [Line Items]
Goodwill	$ 846,913		$ 385,784
TiVo Merger
Finite-Lived Intangible Assets [Line Items]
Goodwill		$ 461,129

Goodwill and Identified Intan_4

Goodwill and Identified Intangible Assets - Summary of Carrying Amount of Goodwill by Reportable Segment (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2020USD ($)
Goodwill [Line Items]
December 31, 2019	$ 385,784
Goodwill acquired through the Mergers	461,129
June 30, 2020	846,913
Product
Goodwill [Line Items]
December 31, 2019	378,084
Goodwill acquired through the Mergers	146,061
June 30, 2020	524,145
IP Licensing
Goodwill [Line Items]
December 31, 2019	7,700
Goodwill acquired through the Mergers	315,068
June 30, 2020	$ 322,768

Goodwill and Identified Intan_5

Goodwill and Identified Intangible Assets - Identified Intangible Assets (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2020	Dec. 31, 2019
Finite-Lived Intangible Assets [Line Items]
Intangible assets, gross	$ 1,570,689	$ 692,145
Finite-lived intangible assets, Gross Assets	1,549,289	692,145
Finite-lived intangible assets, Accumulated Amortization	(514,423)	(459,870)
Intangible assets, net	1,056,266	232,275
Finite-lived intangible assets, Net	1,034,866	232,275
TiVo Tradename/trademarks
Finite-Lived Intangible Assets [Line Items]
Indefinite-lived intangible assets, Gross Assets	21,400
Indefinite-lived intangible assets, Net	21,400
Acquired patents / core technology
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, Gross Assets	609,084	151,184
Finite-lived intangible assets, Accumulated Amortization	(141,993)	(135,952)
Finite-lived intangible assets, Net	$ 467,091	15,232
Acquired patents / core technology | Minimum
Finite-Lived Intangible Assets [Line Items]
Estimated Useful Life (years)	3 years
Acquired patents / core technology | Maximum
Finite-Lived Intangible Assets [Line Items]
Estimated Useful Life (years)	15 years
Existing technology / content database
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, Gross Assets	$ 247,905	206,878
Finite-lived intangible assets, Accumulated Amortization	(148,928)	(130,890)
Finite-lived intangible assets, Net	$ 98,977	75,988
Existing technology / content database | Minimum
Finite-Lived Intangible Assets [Line Items]
Estimated Useful Life (years)	5 years
Existing technology / content database | Maximum
Finite-Lived Intangible Assets [Line Items]
Estimated Useful Life (years)	10 years
Customer contracts and related relationships
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, Gross Assets	$ 649,986	291,769
Finite-lived intangible assets, Accumulated Amortization	(202,729)	(174,741)
Finite-lived intangible assets, Net	$ 447,257	117,028
Customer contracts and related relationships | Minimum
Finite-Lived Intangible Assets [Line Items]
Estimated Useful Life (years)	3 years
Customer contracts and related relationships | Maximum
Finite-Lived Intangible Assets [Line Items]
Estimated Useful Life (years)	9 years
Trademarks/trade name
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, Gross Assets	$ 40,083	40,083
Finite-lived intangible assets, Accumulated Amortization	(18,542)	(16,056)
Finite-lived intangible assets, Net	$ 21,541	24,027
Trademarks/trade name | Minimum
Finite-Lived Intangible Assets [Line Items]
Estimated Useful Life (years)	4 years
Trademarks/trade name | Maximum
Finite-Lived Intangible Assets [Line Items]
Estimated Useful Life (years)	10 years
Non-competition agreements
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, Gross Assets	$ 2,231	2,231
Finite-lived intangible assets, Accumulated Amortization	$ (2,231)	(2,231)
Estimated Useful Life (years)	1 year
Finite-lived intangible assets, Net		$ 0

Goodwill and Identified Intan_6

Goodwill and Identified Intangible Assets - Identified Intangible Assets (Parenthetical) (Details) - TiVo Merger $ in Millions	6 Months Ended
	Jun. 30, 2020USD ($)
TiVo Tradename/trademarks
Finite-Lived Intangible Assets [Line Items]
Indefinite-lived intangible assets acquired	$ 21.4
Patents
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets acquired	457.4
Developed technology
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets acquired	34.8
Content database
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets acquired	6.2
Customer contracts and related relationships
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets acquired	$ 358.2

Goodwill and Identified Intan_7

Goodwill and Identified Intangible Assets - Estimated Future Amortization Expense (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Goodwill And Intangible Assets Disclosure [Abstract]
2020 (remaining 6 months)	$ 101,141
2021	195,771
2022	147,333
2023	136,453
2024	97,648
Thereafter	356,520
Finite-lived intangible assets, Net	$ 1,034,866	$ 232,275

Debt - Schedule of Outstanding

Debt - Schedule of Outstanding Amounts of Debt (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Jun. 01, 2020	Dec. 31, 2019	Dec. 01, 2016
Line Of Credit Facility [Line Items]
Long-term debt, Gross	$ 1,050,048
Unamortized debt issuance costs	(38,965)		$ (9,321)
Long-term debt	1,011,083		334,679
Less: current portion, net of debt issuance costs	(43,612)		0
Long-term debt, net	967,471		334,679
2020 Term B Loan Facility
Line Of Credit Facility [Line Items]
Long-term debt, Gross	1,050,000
Unamortized debt issuance costs		$ (39,700)
2021 Convertible Notes
Line Of Credit Facility [Line Items]
Long-term debt, Gross	48
Long-term debt	$ 1,050,000
2018 Amended Term B Loan
Line Of Credit Facility [Line Items]
Long-term debt, Gross			$ 344,000
Long-term debt				$ 600,000

Debt - Narrative (Details)

Debt - Narrative (Details) - USD ($)	Jun. 01, 2020	Jan. 23, 2018	Dec. 01, 2016	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Line Of Credit Facility [Line Items]
Repayment of assumed debt from merger transaction						$ 734,609,000	$ 0
Unamortized debt issuance costs				$ 38,965,000		38,965,000		$ 9,321,000
Borrowings				1,011,083,000		1,011,083,000		334,679,000
Voluntary prepayment against the term loan						344,000,000	100,000,000
Loss on debt extinguishment				8,300,000		8,300,000	0
Unamortized debt issuance costs				38,965,000		38,965,000		9,321,000
Interest expense				6,958,000	$ 6,199,000	11,209,000	12,884,000
TiVo Merger
Line Of Credit Facility [Line Items]
Debt assumed	$ 48,000
2020 Term B Loan Facility
Line Of Credit Facility [Line Items]
Loan facility, term	5 years
Borrowing capacity	$ 1,050,000,000
Debt instrument, maturity date	Jun. 1, 2025
Repayment of assumed debt from merger transaction	$ 734,600,000
Unamortized debt issuance costs	39,700,000
Repayments of Long-term Debt	344,000,000
Loss on debt extinguishment				8,300,000		8,300,000
Unamortized debt issuance costs	$ 39,700,000
2020 Term B Loan Facility | Repayments Prior to June 1, 2023
Line Of Credit Facility [Line Items]
Interest rate on original principal amount	1.25%
2020 Term B Loan Facility | Repayments After June 1, 2023 and Prior to June 1, 2025
Line Of Credit Facility [Line Items]
Interest rate on original principal amount	1.875%
2020 Term B Loan Facility | Base Rate
Line Of Credit Facility [Line Items]
Debt instrument, basis spread on variable rate	3.00%
2020 Term B Loan Facility | London Interbank Offered Rate (LIBOR)
Line Of Credit Facility [Line Items]
Debt instrument, basis spread on variable rate	4.00%
2018 Amended Term B Loan
Line Of Credit Facility [Line Items]
Borrowing capacity		$ 494,000,000	$ 600,000,000
Debt instrument, maturity date			Nov. 30, 2023
Borrowings			$ 600,000,000
Voluntary prepayment against the term loan		$ 100,000,000						$ 150,000,000
Debt instrument, prepayment premium		1.00%
2018 Amended Term B Loan | Royal Bank of Canada
Line Of Credit Facility [Line Items]
Loan facility, term			7 years
Borrowing capacity			$ 600,000,000
2018 Amended Term B Loan | Base Rate
Line Of Credit Facility [Line Items]
Debt instrument, basis spread on variable rate		1.50%
2018 Amended Term B Loan | Eurodollar
Line Of Credit Facility [Line Items]
Debt instrument, basis spread on variable rate		2.50%
2019 Term Loan | TiVo Merger
Line Of Credit Facility [Line Items]
Debt instrument, maturity date	Nov. 22, 2024
Debt instrument, prepayment premium	3.00%
Outstanding borrowings	$ 715,000,000
Repayment of debt and prepayment penalty	$ 734,600,000
2021 Convertible Notes
Line Of Credit Facility [Line Items]
Borrowings				$ 1,050,000,000		$ 1,050,000,000
Interest rate				4.80%		4.80%
Interest expense				$ 7,000,000	6,200,000	$ 11,200,000	12,900,000
Amortization of debt issuance costs				$ 1,200,000	$ 600,000	$ 1,800,000	$ 1,300,000
2021 Convertible Notes | TiVo Merger
Line Of Credit Facility [Line Items]
Interest rate	2.00%
Debt assumed	$ 48,000

Debt - Summarize of Future Mini

Debt - Summarize of Future Minimum Principal Payments for Long-term Debt (Details) $ in Thousands	Jun. 30, 2020USD ($)
Debt Disclosure [Abstract]
2020 (remaining 6 months)	$ 26,250
2021	52,548
2022	52,500
2023	72,188
2024	78,750
Thereafter	767,812
Total	$ 1,050,048

Net Loss Per Share - Computatio

Net Loss Per Share - Computation of Basic and Diluted Net Loss Per Share (Details) - shares shares in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Denominator:
Weighted average common shares outstanding (in shares)	69,160	49,259	59,462	48,918
Less: shares of restricted stock subject to repurchase (in shares)	0	0	0	0
Total common shares-basic (in shares)	69,160	49,259	59,462	48,918
Effect of dilutive securities:
Options (in shares)	0	0	0	0
Restricted stock awards and units (in shares)	0	0	0	0
Total common shares-diluted (in shares)	69,160	49,259	59,462	48,918

Net Loss Per Share - Additional

Net Loss Per Share - Additional Information (Details) - shares shares in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Earnings Per Share [Abstract]
Shares of common stock excluded from the computation of net income (loss) per share	4.7	1.7	3.8	1.7

Stockholders' Equity - Addition

Stockholders' Equity - Additional Information (Details)	Jun. 01, 2020shares	Jun. 30, 2020USD ($)$ / sharesshares	Jun. 30, 2020USD ($)shares	Jun. 30, 2019USD ($)shares	Jun. 30, 2020USD ($)shares	Jun. 30, 2019USD ($)shares	Jun. 12, 2020USD ($)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock conversion terms					Upon completion of the Mergers, each share of common stock of Xperi was converted into the right to receive one fully paid and non-assessable share of Company Common Stock. Further upon completion of the Mergers, each share of TiVo Common Stock was converted into the right to receive 0.455 fully paid and non-assessable shares of the Company Common Stock (the “Exchange Ratio”), in addition to cash in lieu of any fractional shares of the Company Common Stock.
Stock repurchase program, authorized amount | $							$ 150,000,000
Treasury stock, total repurchase during period (in shares)		1,078,000
Treasury stock, average price of share repurchased (in dollars per share) | $ / shares		$ 13.92
Treasury stock, total cost of repurchased stock | $		$ 15,000,000	$ 15,000,000		$ 15,000,000
Stock repurchase program, remaining amount available for repurchase | $		$ 135,000,000	$ 135,000,000		$ 135,000,000
Tax withholding on restricted stock units (in shares)			200,000	100,000	400,000	200,000
Tax withholding on restricted stock units | $			$ 2,800,000	$ 1,100,000	$ 5,900,000	$ 4,300,000
Employee Stock Purchase Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares reserved for grant (in shares)		2,000,000	2,000,000		2,000,000
Expiration period					24 months
Rolling expiration period					24 months
Maximum employee subscription rate		100.00%	100.00%		100.00%
Purchase price of common stock, percent					85.00%
Maximum employee subscription amount | $		$ 25,000	$ 25,000		$ 25,000
Performance Shares | Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Performance awards, percentage of grant available to vest					0.00%
Performance Shares | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Performance awards, percentage of grant available to vest					200.00%
Xperi Corporation Seventh Amended and Restated 2003 Equity Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares reserved for grant (in shares)	0
2020 EIP
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expiration period					10 years
Vesting period					4 years
Share based compensation full value awards counted against shares available for issuance ratio					1.5
Number of shares reserved for issuance		8,000,000	8,000,000		8,000,000
2020 EIP | Time-based Awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period					4 years
2020 EIP | Employee Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares reserved for grant (in shares)		8,000,000	8,000,000		8,000,000
Assumed Plans
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares reserved for grant (in shares)	6,200,000
Expiration period	7 years
Vesting period	4 years
Assumed Plans | Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	4 years
Xperi
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock, conversion ratio	1
TiVo
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock, conversion ratio	0.455

Stockholders' Equity - Summary

Stockholders' Equity - Summary of Stock Option Activity (Details) shares in Thousands	6 Months Ended
	Jun. 30, 2020$ / sharesshares
Number of Shares Subject to Options
Number of Shares, Beginning balance (shares) | shares	605
Number of Shares, Options granted (shares) | shares	0
Number of Shares, Options assumed (shares) | shares	175
Number of Shares, Options exercised (shares) | shares	0
Number of Shares, Options canceled / forfeited / expired (shares) | shares	(41)
Number of Shares, Ending balance (shares) | shares	739
Weighted Average Exercise Price Per Share
Weighted Average Exercise Price Per Share, Beginning balance (USD per share) | $ / shares	$ 26.68
Weighted Average Exercise Price Per Share, Options granted (USD per share) | $ / shares	0
Weighted Average Exercise Price Per Share, Options assumed (USD per share) | $ / shares	50.93
Weighted Average Exercise Price Per Share, Options exercised (USD per share) | $ / shares	0
Weighted Average Exercise Price Per Share, Options canceled / forfeited / expired (USD per share) | $ / shares	37.70
Weighted Average Exercise Price Per Share, Ending balance (USD per share) | $ / shares	$ 31.75

Stockholders' Equity - Summar_2

Stockholders' Equity - Summary of Restricted Stock Awards and Units (Details)	6 Months Ended
	Jun. 30, 2020$ / sharesshares
Time-Based Restricted Stock Award and Restricted Stock Units
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Restricted stock awards and units, beginning balance (shares)	2,371,000
Restricted stock awards and units, granted (shares)	1,015,000
Restricted stock awards and units, assumed (shares)	2,185,000
Restricted stock awards, converted	107,000
Restricted stock awards and units, vested / earned (shares)	(997,000)
Restricted stock awards and units, canceled / forfeited (shares)	(52,000)
Restricted stock awards and units, ending balance (shares)	4,629,000
Performance-Based Restricted Stock Award and Restricted Stock Units
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Restricted stock awards and units, beginning balance (shares)	554,000
Restricted stock awards and units, granted (shares)	0
Restricted stock awards and units, assumed (shares)	253,000
Restricted stock awards, converted	(107,000)
Restricted stock awards and units, vested / earned (shares)	(386,000)
Restricted stock awards and units, canceled / forfeited (shares)	(243,000)
Restricted stock awards and units, ending balance (shares)	71,000
Restricted Stock and Restricted Stock Units
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Restricted stock awards and units, beginning balance (shares)	2,925,000
Restricted stock awards and units, granted (shares)	1,015,000
Restricted stock awards and units, assumed (shares)	2,438,000
Restricted stock awards, converted	0
Restricted stock awards and units, vested / earned (shares)	(1,383,000)
Restricted stock awards and units, canceled / forfeited (shares)	(295,000)
Restricted stock awards and units, ending balance (shares)	4,700,000
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Roll Forward]
Weighted average grant date fair value per share of restricted stock and units, beginning balance (USD per share) | $ / shares	$ 25.99
Weighted average grant date fair value per share of restricted stock and units, granted (USD per share) | $ / shares	$ 10.78
Weighted average grant date fair value per share of restricted stock and units, assumed (USD per share)	13.99
Weighted average grant date fair value per share of restricted stock and units, converted(USD per share) | $ / shares	$ 29.79
Weighted average grant date fair value per share of restricted stock and units, vested / earned (USD per share) | $ / shares	23.43
Weighted average grant date fair value of restricted stock and units, canceled / forfeited (USD per share) | $ / shares	28.04
Weighted average grant date fair value per share of restricted stock and units, ending balance (USD per share) | $ / shares	$ 17.11

Stock-Based Compensation Expe_3

Stock-Based Compensation Expense - Effect of Recording Stock-Based Compensation Expense (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Total stock-based compensation expense	$ 8,469	$ 7,221	$ 16,456	$ 14,844
Tax effect on stock-based compensation expense	(353)	(1,163)	(1,495)	(2,385)
Net effect on net loss	8,116	6,058	14,961	12,459
Cost of licensing, services and software revenue
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Total stock-based compensation expense	73		73
Research, development and other related costs
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Total stock-based compensation expense	2,838	3,146	5,874	6,749
Selling, general and administrative
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Total stock-based compensation expense	$ 5,558	$ 4,075	$ 10,509	$ 8,095

Stock-Based Compensation Expe_4

Stock-Based Compensation Expense - Additional Information (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Jun. 01, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Fair value of unvested equity awards assumed					$ 34.1
Number of shares, options granted	0	0	0	0
TiVo Merger
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Fair value of unvested equity awards assumed					$ 22
Recognized expenses of unvested equity awards assumed	$ 2.2		$ 2.2

Stock-Based Compensation Expe_5

Stock-Based Compensation Expense - Stock-Based Compensation Expense Categorized by Equity Components (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-based compensation expense	$ 8,469	$ 7,221	$ 16,456	$ 14,844
Employee Stock Purchase Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-based compensation expense	296	440	986	1,061
Employee stock options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-based compensation expense	26	64	30	132
Restricted stock awards and units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-based compensation expense	$ 8,147	$ 6,717	$ 15,440	$ 13,651

Stock-Based Compensation Expe_6

Stock-Based Compensation Expense - Schedule of Assumptions Used to Value Options Granted (Details) - Employee Stock Purchase Plan	1 Months Ended
	Feb. 29, 2020	Feb. 28, 2019
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions and Methodology [Abstract]
Expected life (in years)	2 years	2 years
Risk-free interest rate	1.40%	2.50%
Dividend yield	4.00%	5.40%
Expected volatility	45.80%	53.40%

Income Taxes - Additional Infor

Income Taxes - Additional Information (Details) - USD ($) $ in Thousands	1 Months Ended	3 Months Ended			5 Months Ended	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2020	Dec. 31, 2019	Jun. 30, 2019	May 31, 2020	Jun. 30, 2020	Jun. 30, 2019
Income Tax Contingency [Line Items]
Provision for (benefit from) income taxes	$ 3,300	$ (9,299)		$ (3,547)	$ (10,500)	$ (7,243)	$ (12,497)
Loss before taxes		(32,400)		(9,700)		$ (11,600)	$ (44,100)
Effective tax rate (percent)						62.70%	28.30%
Gross unrecognized tax benefits	184,000	184,000		33,900		$ 184,000	$ 33,900
Unrecognized tax benefits that would impact the effective income tax rate	99,600	99,600		$ 21,300		99,600	21,300
Interest and tax penalties related to unrecognized tax benefits						1,900	$ 1,200
South Korea and Other Business Factors
Income Tax Contingency [Line Items]
Income tax receivable, noncurrent	8,400	8,400	$ 65,200			8,400
Valuation allowance change in amount			(17,000)			(2,200)
Unrealized foreign exchange loss						4,000
South Korea and Other Business Factors | TiVo Merger
Income Tax Contingency [Line Items]
Provision for (benefit from) income taxes		(19,400)
Income tax receivable, noncurrent	28,800	28,800				28,800
Valuation allowance change in amount						(12,500)
Other Long-Term Liabilities | South Korea and Other Business Factors
Income Tax Contingency [Line Items]
Unrecognized tax benefit, non-current	$ 6,200	$ 6,200	$ 48,200			$ 6,200

Leases - Additional Information

Leases - Additional Information (Details)	6 Months Ended
	Jun. 30, 2020
Lessee Lease Description [Line Items]
Operating lease existence of option to extend	true
Operating lease description	The Company’s leases have remaining lease terms of one year to nine years, some of which may include options to extend the leases for five years or longer, and some of which may include options to terminate the leases within the next 6 years or less. Leases with an initial term of 12 months or less are not recorded on the balance sheets
Minimum
Lessee Lease Description [Line Items]
Remaining lease term	1 year
Lessee term of period to extend	5 years
Maximum
Lessee Lease Description [Line Items]
Remaining lease term	9 years

Leases - Schedule of Operating

Leases - Schedule of Operating Lease Costs (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Leases [Abstract]
Fixed lease cost	$ 3,323	$ 1,787	$ 5,156	$ 3,424
Variable lease cost	594	267	941	581
Less: sublease income	(843)		(843)
Total operating lease cost	$ 3,074	$ 2,054	$ 5,254	$ 4,005

Leases - Schedule of Other Info

Leases - Schedule of Other Information Related to Leases (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Leases [Abstract]
Operating cash flows from operating leases	$ 3,088	$ 1,463	$ 4,726	$ 3,017
Operating lease, ROU assets obtained in exchange for new lease liabilities	$ 3,673	$ 3,730	$ 3,673	$ 4,775
Operating leases, weighted average remaining lease term (years)	5 years 6 months		5 years 6 months		4 years 7 months 6 days
Operating leases, weighted average discount rate	5.30%		5.30%		5.70%

Leases - Schedule of Future Min

Leases - Schedule of Future Minimum Lease Payments and Related Lease Liabilities (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Operating Lease Payments
2020 (remaining 6 months)	$ 10,976
2021	22,573	$ 4,558
2022	18,118	3,259
2023	15,852	3,235
2024	15,244	2,619
Thereafter	22,903	1,977
Total lease payments	105,666	22,035
Less: imputed interest	(14,175)	(2,776)
Present value of lease liabilities:	91,491	19,259
Current portion of operating lease liabilities	18,017	5,845
Noncurrent operating lease liabilities	73,474	$ 13,414
Sublease Income
2020 (remaining 6 months)	(3,292)
2021	(6,257)
2022	(6,117)
2023	(6,231)
2024	(6,293)
Thereafter	(7,214)
Total lease payments	(35,404)
Present value of lease liabilities:	(35,404)
Net Operating Lease Payments
2020 (remaining 6 months)	7,684
2021	16,316
2022	12,001
2023	9,621
2024	8,951
Thereafter	15,689
Total lease payments	70,262
Less: imputed interest	(14,175)
Present value of lease liabilities:	$ 56,087

Leases - Schedule of Future M_2

Leases - Schedule of Future Minimum Lease Payments (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Operating Lease Payments
2020		$ 6,387
2021	$ 22,573	4,558
2022	18,118	3,259
2023	15,852	3,235
2024	15,244	2,619
Thereafter	22,903	1,977
Total lease payments	105,666	22,035
Less: imputed interest	(14,175)	(2,776)
Present value of lease liabilities:	91,491	19,259
Current portion of operating lease liabilities	18,017	5,845
Noncurrent operating lease liabilities	$ 73,474	$ 13,414

Commitment and Contingencies -

Commitment and Contingencies - Additional Information (Details) - USD ($)	1 Months Ended	6 Months Ended
	Dec. 31, 2019	Jun. 30, 2020
Commitments And Contingencies Disclosure [Line Items]
Accrued liabilities	$ 41,433,000	$ 105,368,000
Payments for certain milestones achieved		$ 10,900,000
Estimated payment period for contractual obligation		4 years
Qualified Referred Subscribers
Commitments And Contingencies Disclosure [Line Items]
Accrued liabilities		$ 0
Each qualified referred subscribers fee maximum	$ 5,000,000
Inventory
Commitments And Contingencies Disclosure [Line Items]
Purchase commitments		7,400,000
Accrued liabilities		$ 900,000

Segment and Geographic Inform_3

Segment and Geographic Information - Additional Information (Details) - segment	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Segment Reporting Information [Line Items]
Number of principal businesses segment			2
Total Revenue | Customer One | Customer Concentration Risk
Segment Reporting Information [Line Items]
Concentration risk, percentage (or more)	10.00%
Total Revenue | Customer Two | Customer Concentration Risk
Segment Reporting Information [Line Items]
Concentration risk, percentage (or more)		10.00%	10.00%	10.00%
Total Accounts Receivable | Customer Three | Customer Concentration Risk
Segment Reporting Information [Line Items]
Concentration risk, percentage (or more)			10.00%		10.00%

Segment and Geographic Inform_4

Segment and Geographic Information - Schedule of Segment Reporting Information by Segment (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Segment Reporting Information [Line Items]
Total revenue	$ 137,631	$ 75,115	$ 255,296	$ 131,682
Total operating expenses	155,350	83,431	248,488	169,995
Total operating income (loss)	(17,719)	(8,316)	6,808	(38,313)
Operating Segments | Product Licensing Segment
Segment Reporting Information [Line Items]
Total revenue	64,124	61,431	120,066	105,999
Total operating expenses	66,557	46,817	112,794	93,717
Total operating income (loss)	(2,433)	14,614	7,272	12,282
Operating Segments | IP Licensing Segment
Segment Reporting Information [Line Items]
Total revenue	73,507	13,684	135,230	25,683
Total operating expenses	20,449	9,362	30,744	19,745
Total operating income (loss)	53,058	4,322	104,486	5,938
Unallocated Operating Expenses
Segment Reporting Information [Line Items]
Total operating expenses	68,344	27,252	104,950	56,533
Total operating income (loss)	$ (68,344)	$ (27,252)	$ (104,950)	$ (56,533)

Segment and Geographic Inform_5

Segment and Geographic Information - Schedule of Segment Reporting Information by Segment (Parenthetical) (Details) - USD ($) $ in Millions	3 Months Ended	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2020
Segment Reporting [Abstract]
One-time transaction costs related to the Mergers	$ 24.4	$ 27.5
Employee severance and acceleration of contractually obligated equity awards for departing executives	$ 8.2	$ 8.2

Segment and Geographic Inform_6

Segment and Geographic Information - Schedule of Geographic Revenue Information (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Revenues from External Customers and Long-Lived Assets [Line Items]
Foreign revenues	$ 137,631	$ 75,115	$ 255,296	$ 131,682
Total Revenue | Geographic Concentration Risk
Revenues from External Customers and Long-Lived Assets [Line Items]
Concentration risk, percentage (or more)	100.00%	100.00%	100.00%	100.00%
South Korea
Revenues from External Customers and Long-Lived Assets [Line Items]
Foreign revenues	$ 60,974	$ 16,412	$ 88,557	$ 33,915
South Korea | Total Revenue | Geographic Concentration Risk
Revenues from External Customers and Long-Lived Assets [Line Items]
Concentration risk, percentage (or more)	45.00%	22.00%	35.00%	26.00%
U.S.
Revenues from External Customers and Long-Lived Assets [Line Items]
Foreign revenues	$ 43,049	$ 12,574	$ 66,094	$ 24,006
U.S. | Total Revenue | Geographic Concentration Risk
Revenues from External Customers and Long-Lived Assets [Line Items]
Concentration risk, percentage (or more)	31.00%	17.00%	26.00%	18.00%
Japan
Revenues from External Customers and Long-Lived Assets [Line Items]
Foreign revenues	$ 14,032	$ 33,827	$ 65,354	$ 51,059
Japan | Total Revenue | Geographic Concentration Risk
Revenues from External Customers and Long-Lived Assets [Line Items]
Concentration risk, percentage (or more)	10.00%	45.00%	26.00%	39.00%
Europe and Middle East
Revenues from External Customers and Long-Lived Assets [Line Items]
Foreign revenues	$ 6,982	$ 6,463	$ 11,430	$ 10,463
Europe and Middle East | Total Revenue | Geographic Concentration Risk
Revenues from External Customers and Long-Lived Assets [Line Items]
Concentration risk, percentage (or more)	5.00%	9.00%	4.00%	8.00%
Other
Revenues from External Customers and Long-Lived Assets [Line Items]
Foreign revenues	$ 12,594	$ 5,839	$ 23,861	$ 12,239
Other | Total Revenue | Geographic Concentration Risk
Revenues from External Customers and Long-Lived Assets [Line Items]
Concentration risk, percentage (or more)	9.00%	7.00%	9.00%	9.00%

Subsequent Events - Additional

Subsequent Events - Additional Information (Details) - Subsequent Event	Jul. 29, 2020$ / shares
Subsequent Event [Line Items]
Cash dividends declared per share (in dollars per share)	$ 0.05
Dividends declaration date	Jul. 29, 2020
Dividends payable date	Sep. 21, 2020
Dividends record date	Aug. 31, 2020