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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2019
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)

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Basic

 

 

11,631

 

 

 

7,184

 

 

 

10,169

 

 

 

6,458

 

Effect of convertible notes subject

   to conversion

 

 

 

 

 

10,407

 

 

 

 

 

 

5,852

 

Effect of assumed vesting of dilutive shares

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted

 

 

11,631

 

 

 

17,591

 

 

 

10,169

 

 

 

12,310

 

Schedule of Impact on Earnings Per Share Calculation

 

 

 

For the Three Months

Ended September 30,

 

 

For the Nine Months

Ended September 30,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

For earnings (loss) per share - basic:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to Iconix Brand

   Group, Inc.

 

$

(35,708

)

 

$

20,224

 

 

$

(16,492

)

 

$

(31,446

)

Accretion of redeemable non-controlling

   interest

 

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to Iconix Brand

   Group, Inc. after the effect of accretion of

   redeemable non-controlling interest for

   basic earnings (loss) per share

 

$

(35,708

)

 

$

20,224

 

 

$

(16,492

)

 

$

(31,446

)

For earnings (loss) per share - diluted:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to Iconix Brand

   Group, Inc.

 

$

(35,708

)

 

$

20,224

 

 

$

(16,492

)

 

$

(31,446

)

Effect of potential conversion of 5.75%

   Convertible Notes

 

 

 

 

 

(15,641

)

 

 

-

 

 

 

(59,066

)

 

Net income attributable to Iconix Brand

   Group, Inc. after the effect of potential

   conversion of 5.75% Convertible Notes

   for diluted earnings (loss) per share

 

$

(35,708

)

 

$

4,583

 

 

$

(16,492

)

 

$

(90,512

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings (loss) per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

(3.07

)

 

$

2.81

 

 

$

(1.62

)

 

$

(4.87

)

Diluted

 

$

(3.07

)

 

$

0.26

 

 

$

(1.62

)

 

$

(7.35

)

Weighted average number of common shares

   outstanding:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

 

11,631

 

 

 

7,184

 

 

 

10,169

 

 

 

6,458

 

Diluted

 

 

11,631

 

 

 

17,591

 

 

 

10,169

 

 

 

12,310