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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2020
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 March 31,

 

 

(in thousands)

 

2020

 

 

2019

 

 

Basic

 

 

11,772

 

 

 

8,465

 

 

Effect of convertible notes subject

   to conversion

 

 

 

 

 

36,269

 

 

Effect of assumed vesting of dilutive shares

 

 

 

 

 

52

 

 

Diluted

 

 

11,772

 

 

 

44,786

 

 

Schedule of Impact on Earnings Per Share Calculation

 

 

 

For the Three Months

Ended March 31,

 

 

 

 

2020

 

 

2019

 

 

For earnings (loss) per share - basic:

 

 

 

 

 

 

 

 

 

Net income attributable to Iconix Brand

   Group, Inc.

 

$

(21,483

)

 

$

17,945

 

 

Accretion of redeemable non-controlling

   interest

 

 

(394

)

 

 

 

 

Net income attributable to Iconix Brand

   Group, Inc. after the effect of accretion of

   redeemable non-controlling interest for

   basic earnings (loss) per share

 

$

(21,877

)

 

$

17,945

 

 

For earnings (loss) per share - diluted:

 

 

 

 

 

 

 

 

 

Net income attributable to Iconix Brand

   Group, Inc.

 

$

(21,483

)

 

$

17,945

 

 

Effect of potential conversion of 5.75%

   Convertible Notes

 

 

 

 

 

(18,244

)

 

Accretion of redeemable non-controlling

   interest

 

 

(394

)

 

 

 

 

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

 

$

(21,877

)

 

$

(299

)

 

 

 

 

 

 

 

 

 

 

 

Earnings (loss) per share:

 

 

 

 

 

 

 

 

 

Basic

 

$

(1.86

)

 

$

2.12

 

 

Diluted

 

$

(1.86

)

 

$

(0.01

)

 

Weighted average number of common shares

   outstanding:

 

 

 

 

 

 

 

 

 

Basic

 

 

11,772

 

 

 

8,465

 

 

Diluted

 

 

11,772

 

 

 

44,786