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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2017
Earnings Per Share [Abstract]  
Reconciliation of Weighted Average Shares Used in Calculating Basic and Diluted Earnings Per Share

A reconciliation of weighted average shares used in calculating basic and diluted earnings per share follows:

 

 

 

For the Three Months Ended

September 30,

 

 

For the Nine Months Ended

September 30,

 

(in thousands)

 

2017

 

 

2016

 

 

2017

 

 

2016

 

Basic

 

 

57,189

 

 

 

55,584

 

 

 

57,081

 

 

 

51,060

 

Effect of exercise of stock options

 

 

 

 

 

3

 

 

 

 

 

 

3

 

Effect of assumed vesting of

   restricted stock

 

 

 

 

 

1,768

 

 

 

 

 

 

1,739

 

Diluted

 

 

57,189

 

 

 

57,355

 

 

 

57,081

 

 

 

52,802

 

 

Impact of Adjustments to Redeemable Non-controlling Interest on Earnings Per Share Calculation

For the Current Quarter and Current Nine Months, adjustments to the Company’s redeemable non-controlling interest had an impact on the Company’s earnings per share calculation as follows:

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30, 2017

 

 

September 30, 2017

 

Net loss from continuing operations attributable to Iconix

   Brand Group, Inc.

 

$

(550,571

)

 

$

(559,707

)

Accretion of redeemable non-controlling interest

 

 

(547

)

 

 

(1,641

)

Net loss attributable to Iconix Brand Group, Inc. after

   accretion of redeemable non-controlling interest

 

 

(551,118

)

 

 

(561,348

)

 

 

 

 

 

 

 

 

 

Net income (loss) from discontinued operations attributable to

   Iconix Brand Group, Inc.

 

 

(2,130

)

 

 

46,369

 

 

 

 

 

 

 

 

 

 

Net (loss) income attributable to Iconix Brand Group, Inc.

 

$

(553,248

)

 

$

(514,979

)

 

 

 

 

 

 

 

 

 

(Loss) earnings per share - basic:

 

 

 

 

 

 

 

 

Continuing operations

 

$

(9.64

)

 

$

(9.83

)

Discontinued operations

 

$

(0.04

)

 

$

0.81

 

(Loss) earnings per share - basic

 

$

(9.67

)

 

$

(9.02

)

 

 

 

 

 

 

 

 

 

(Loss) earnings per share - diluted:

 

 

 

 

 

 

 

 

Continuing operations

 

$

(9.64

)

 

$

(9.83

)

Discontinued operations

 

$

(0.04

)

 

$

0.81

 

(Loss) earnings per share - diluted

 

$

(9.67

)

 

$

(9.02

)

Weighted average number of common shares outstanding:

 

 

 

 

 

 

 

 

Basic

 

 

57,189

 

 

 

57,081

 

Diluted

 

 

57,189

 

 

 

57,081