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Net Income per Share (Tables)
3 Months Ended
Mar. 31, 2017
Earnings Per Share [Abstract]  
Schedule of calculation of numerator and denominator in earnings per share
 
 
Three Months Ended
 
 
March 31,
Net Income per Basic and Diluted Share:
 
2017
 
2016
 (in thousands except per share amounts)
 
 
 
 
Numerator
 
 
 
 
Income attributable to PDL’s shareholders used to compute net income per basic and diluted share
 
$
7,241

 
$
55,887

 
 
 
 
 
Denominator
 
 

 
 

Total weighted average shares used to compute net income attributable to PDL’s shareholders, per basic share
 
163,745

 
163,701

Restricted stock outstanding
 
247

 
134

Shares used to compute net income attributable to PDL’s shareholders, per diluted share
 
163,992

 
163,835

 
 
 
 
 
Net income attributable to PDL’s shareholders per share - basic
 
$
0.04

 
$
0.34

Net income attributable to PDL’s shareholders per share - diluted
 
$
0.04

 
$
0.34