XML 43 R34.htm IDEA: XBRL DOCUMENT v3.23.2
Net Income Per Share - Basic and Diluted EPS (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Numerator:        
Net income attributable to Innoviva stockholders, basic $ 1,280 $ 939 $ 36,145 $ 16,712
Net income attributable to Innoviva stockholders, diluted $ 1,280 $ 4,593 $ 40,820 $ 22,935
Denominator:        
Weighted-average shares used to compute basic net income per share attributable to Innoviva stockholders 65,341 69,643 66,557 69,594
Dilutive effect of options and awards granted under equity incentive plan and employee stock purchase plan 148 39 137 77
Weighted-average shares used to compute diluted net income per share attributable to Innoviva stockholders 65,489 95,653 88,175 94,692
Net income per share attributable to Innoviva stockholders        
Basic net income per share $ 0.02 $ 0.01 $ 0.54 $ 0.24
Diluted net income per share $ 0.02 $ 0.05 $ 0.46 $ 0.24
2023 Notes        
Numerator:        
Add: interest expense on 2025 Notes, net of tax effect $ 0 $ 570 $ 71 $ 1,591
Denominator:        
Dilutive effect 0 4,866 376 7,511
2025 Notes        
Numerator:        
Add: interest expense on 2025 Notes, net of tax effect $ 0 $ 1,375 $ 2,050 $ 2,539
Denominator:        
Dilutive effect 0 11,150 11,150 11,150
2028 Notes        
Numerator:        
Add: interest expense on 2025 Notes, net of tax effect $ 0 $ 1,709 $ 2,554 $ 2,093
Denominator:        
Dilutive effect 0 9,955 9,955 6,360