XML 42 R33.htm IDEA: XBRL DOCUMENT v3.22.2
Net Income Per Share - Basic and Diluted EPS (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Numerator:        
Net income attributable to Innoviva stockholders, basic $ 939 $ 88,948 $ 16,712 $ 183,071
Net income attributable to Innoviva stockholders, diluted $ 4,593 $ 90,111 $ 22,935 $ 185,438
Denominator:        
Weighted-average shares used to compute basic net income per share attributable to Innoviva stockholders 69,643 88,423 69,594 94,858
Dilutive effect of options and awards granted under equity incentive plan and employee stock purchase plan 39 27 77 49
Weighted-average shares used to compute diluted net income per share attributable to Innoviva stockholders 95,653 100,639 94,692 107,096
Net income per share attributable to Innoviva stockholders        
Basic net income per share $ 0.01 $ 1.01 $ 0.24 $ 1.93
Diluted net income per share $ 0.05 $ 0.90 $ 0.24 $ 1.73
2023 Notes        
Numerator:        
Add: interest expense on Notes $ 570 $ 1,163 $ 1,591 $ 2,367
Denominator:        
Dilutive effect 4,866 12,189 7,511 12,189
2025 Notes        
Numerator:        
Add: interest expense on Notes $ 1,375 $ 0 $ 2,539 $ 0
Denominator:        
Dilutive effect 11,150 0 11,150 0
2028 Notes        
Numerator:        
Add: interest expense on Notes $ 1,709 $ 0 $ 2,093 $ 0
Denominator:        
Dilutive effect 9,955 0 6,360 0