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Earnings (Loss) Per Share (Tables)
 12 Months Ended
Dec. 31, 2018
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:

 

 

 

FY 2018

 

 

FY 2017

 

Basic

 

 

6,734

 

 

 

5,711

 

Effect of assumed vesting of restricted stock

 

 

—

 

 

 

—

 

Effect of convertible notes subject to conversion

 

 

—

 

 

 

—

 

Diluted

 

 

6,734

 

 

 

5,711

 
Schedule of Impact on Earnings Per Share Calculation For FY 2018 and FY 2017, adjustments to the Company’s redeemable non-controlling interest and effects of the potential conversion of the 5.75% Convertible Notes had impacts on the Company’s earnings per share calculations as follows: 

 

 

 

Year Ended

 

 

Year Ended

 

 

 

December 31, 2018

 

 

December 31, 2017

 

For earnings (loss) per share - basic:

 

 

 

 

 

 

 

 

Net income (loss) from continuing operations attributable to Iconix Brand

   Group, Inc.

 

$

(100,521

)

 

$

(535,278

)

Accretion of redeemable non-controlling interest

 

 

(5,432

)

 

 

(5,589

)

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

  after accretion of redeemable non- controlling interest

  for basic earnings (loss) per share

 

 

(105,953

)

 

 

(540,867

)

 

 

 

 

 

 

 

 

 

Net income (loss) from discontinued

   operations attributable to Iconix Brand

   Group, Inc.

 

 

—

 

 

 

46,025

 

 

 

 

 

 

 

 

 

 

Net income (loss) attributable to Iconix Brand

   Group, Inc. for basic earnings (loss) per share

 

$

(105,953

)

 

$

(494,842

)

 

 

 

 

 

 

 

 

 

For earnings (loss) per share - diluted:

 

 

 

 

 

 

 

 

Net income (loss) from continuing operations attributable to Iconix Brand

   Group, Inc.

 

$

(100,521

)

 

$

(535,278

)

Effect of potential conversion of 5.75% Convertible Notes(1)

 

 

—

 

 

 

—

 

Accretion of redeemable non-controlling interest

 

 

(5,432

)

 

 

(5,589

)

Net loss attributable to Iconix Brand

   Group, Inc. after the effect of potential conversion

   of 5.75% Convertible Notes and accretion of redeemable

   non- controlling interest for diluted earnings (loss) per share

 

$

(105,953

)

 

$

(540,867

)

 

 

 

 

 

 

 

 

 

Net income (loss) from discontinued

   operations attributable to Iconix Brand

   Group, Inc.

 

 

—

 

 

 

46,025

 

 

 

 

 

 

 

 

 

 

Net loss attributable to Iconix Brand

   Group, Inc. for diluted earnings (loss) per share

 

$

(105,953

)

 

$

(494,842

)

 

 

 

 

 

 

 

 

 

Earnings (loss) per share - basic:

 

 

 

 

 

 

 

 

Continuing operations

 

$

(15.73

)

 

$

(94.71

)

Discontinued operations

 

$

—

 

 

$

8.06

 

Earnings (loss) per share - basic

 

$

(15.73

)

 

$

(86.65

)

 

 

 

 

 

 

 

 

 

Earnings (loss) per share - diluted:

 

 

 

 

 

 

 

 

Continuing operations

 

$

(15.73

)

 

$

(94.71

)

Discontinued operations

 

$

—

 

 

$

8.06

 

Earnings (loss) per share - diluted

 

$

(15.73

)

 

$

(86.65

)

Weighted average number of common shares

   outstanding:

 

 

 

 

 

 

 

 

Basic

 

 

6,734

 

 

 

5,711

 

Diluted

 

 

6,734

 

 

 

5,711

 

 

(1)

There was no effect of potential conversion of the Company’s 5.75% Notes on the Company’s diluted earnings per share calculation for FY 2018 as the effect was anti-dilutive.