Net Income (Loss) Per Share (Tables)

9 Months Ended

Sep. 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 September 30,
	2020				2019
	Basic		Diluted		Basic		Diluted
Numerator:
Net income applicable to InterDigital, Inc.	$	23,784	$	23,784	$	2,234	$	2,234
Denominator:
Weighted-average shares outstanding: Basic	30,804		30,804		31,130		31,130
Dilutive effect of stock options, RSUs, convertible securities and warrants			315				178
Weighted-average shares outstanding: Diluted			31,119				31,308
Earnings Per Share:
Net income per common share: Basic	$	0.77	$	0.77	$	0.07	$	0.07
Dilutive effect of stock options, RSUs, convertible securities and warrants			(0.01)				—
Net income per common share: Diluted			$	0.76			$	0.07

	Nine months ended September 30,
	2020				2019
	Basic		Diluted		Basic		Diluted
Numerator:
Net income applicable to InterDigital, Inc.	$	46,151	$	46,151	$	7,174	$	7,174
Denominator:
Weighted-average shares outstanding: Basic	30,762		30,762		31,757		31,757
Dilutive effect of stock options, RSUs, convertible securities and warrants			267				253
Weighted-average shares outstanding: Diluted			31,029				32,010
Earnings Per Share:
Net income per common share: Basic	$	1.50	$	1.50	$	0.23	$	0.23
Dilutive effect of stock options, RSUs, convertible securities and warrants			(0.01)				(0.01)
Net income per common share: Diluted			$	1.49			$	0.22

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 September 30,		Nine months ended September 30,
	2020	2019	2020	2019
Restricted stock units and stock options	156	155	154	120
Convertible securities	4,921	6,260	5,222	5,236
Warrants	5,319	6,260	5,931	5,236
Total	10,396	12,675	11,307	10,592