Net Income (Loss) Per Share (Tables)

6 Months Ended

Jun. 30, 2020

Earnings Per Share [Abstract]

Schedule of numerator and the denominator of the basic and diluted

The following tables reconcile the numerator and the denominator of the basic and diluted net income (loss) per share computation (in thousands, except for per share data):

	Three months ended June 30,
	2020				2019
	Basic		Diluted		Basic		Diluted
Numerator:
Net income applicable to InterDigital, Inc.	$	22,251	$	22,251	$	7,743	$	7,743
Denominator:
Weighted-average shares outstanding: Basic	30,757		30,757		31,547		31,547
Dilutive effect of stock options, RSUs, convertible securities and warrants			288				229
Weighted-average shares outstanding: Diluted			31,045				31,776
Earnings Per Share:
Net income per common share: Basic	$	0.72	$	0.72	$	0.25	$	0.25
Dilutive effect of stock options, RSUs, convertible securities and warrants			—				(0.01		)
Net income per common share: Diluted			$	0.72			$	0.24

	Six months ended June 30,
	2020					2019
	Basic		Diluted			Basic		Diluted
Numerator:
Net income applicable to InterDigital, Inc.	$	22,367	$	22,367		$	4,940	$	4,940
Denominator:
Weighted-average shares outstanding: Basic	30,740		30,740			32,076		32,076
Dilutive effect of stock options, RSUs, convertible securities and warrants			242					290
Weighted-average shares outstanding: Diluted			30,982					32,366
Earnings Per Share:
Net income per common share: Basic	$	0.73	$	0.73		$	0.15	$	0.15
Dilutive effect of stock options, RSUs, convertible securities and warrants			(0.01		)			—
Net income per common share: Diluted			$	0.72				$	0.15

Schedule of excluded from our computation of EPS

Set forth below are the securities and the weighted average number of shares of common stock underlying such securities that were excluded from our computation of EPS for the periods presented (in thousands).

	Three months ended June 30,		Six months ended June 30,
	2020	2019	2020	2019
Restricted stock units and stock options	218	153	219	102
Convertible securities	4,921	4,986	5,597	4,715
Warrants	6,273	4,986	7,620	4,715
Total	11,412	10,125	13,436	9,532