Net Income per Share (Tables)

6 Months Ended

Jun. 30, 2017

Earnings Per Share [Abstract]

Schedule of calculation of numerator and denominator in earnings per share

	Three Months Ended				Six Months Ended
	June 30,				June 30,
Net Income per Basic and Diluted Share:	2017		2016		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	$	60,439	$	4,148	$	67,680	$	60,035
Denominator
Total weighted average shares used to compute net income attributable to PDL’s shareholders, per basic share	155,654		163,791		159,677		163,729
Restricted stock outstanding	740		238		491		191
Shares used to compute net income attributable to PDL’s shareholders, per diluted share	156,394		164,029		160,168		163,920
Net income attributable to PDL’s shareholders per share - basic	$	0.39	$	0.03	$	0.42	$	0.37
Net income attributable to PDL’s shareholders per share - diluted	$	0.39	$	0.03	$	0.42	$	0.37