By >DTSI) investors may be pleased to learn later today that a settlement between Zoran Corporation and DTS resulted in an 11 million dollar gain for DTS.

Buried in from August 5th is the following statement:

"During the quarter ended June 30, 2009, the Company incurred one-time costs of $11.0 million in connection with settlement of various intellectual property disputes."

In looking through previous Zoran filings, there was never any other one-time settlement charges for intellectual property disputes and the DTS dispute appeared to be their only intellectual property dispute mentioned, so it should be assumed that the 11 million figure was all for DTS.

11 million would represent a gain of .64 a share, minus legal expenses which were 2.6 million or .09 per share in the first quarter. DTS announced the settlement on June 22 but did not disclose the settlement amount and whether or not it was a net gain for the company.

Related: >BUSINESS WIRE)--DTS (Nasdaq: DTSI), today announced it has settled all of its outstanding legal matters with Zoran Corporation. As a result, Zoran has entered into a new DTS license agreement for DTS technologies required for both DVD-Video and Blu-ray products, including DTS-HD Master Audio.

“We are pleased to have reached a positive resolution to our dispute and litigation with Zoran. Importantly, the settlement provides for the continued protection of consumers, DTS licensees, and DTS’ intellectual property, contributing to the healthy growth of the exciting high definition Blu-ray format. We believe that our investment in pursuing these matters was critical to support our long-term interests and those of our licensee partners, and are satisfied that the net result of the settlement will have a modestly positive impact on our financials,” commented Jon Kirchner, President and CEO of DTS, Inc. “We are also pleased to announce that Zoran is once again a licensee and look forward to certifying their integrated circuits as they become available.”

DTS, Inc. (NASDAQ: DTSI) is a digital technology company dedicated to delivering the ultimate entertainment experience. DTS decoders are in virtually every major brand of multi-channel surround processor, and there are hundreds of millions of DTS-licensed consumer electronics products available worldwide. A pioneer in multi-channel audio, DTS technology is in home theatre, car audio, PC and game console products, as well as DVD-Video, Blu-ray Disc and Surround Music software. Founded in 1993, DTS’ corporate headquarters are located in Agoura Hills, California with its licensing operations headquartered in Limerick, Ireland. DTS also has offices in Northern California, Washington, Canada, China, France, Hong Kong, Japan, South Korea, Taiwan and the United Kingdom. For further information, please visit http://cts.businesswire.com/ct/CT?id=smartlink&url=http://www.dts.com/&esheet=5992156&lan=en_US&anchor=www.dts.com&index=1" target="_blank">www.dts.com. DTS is a registered trademark of DTS, Inc.