Net Income per Share (Tables)

9 Months Ended

Sep. 30, 2017

Earnings Per Share [Abstract]

Schedule of calculation of numerator and denominator in earnings per share

	Three Months Ended				Nine Months Ended
	September 30,				September 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	$	20,732	$	13,907	$	88,412	$	73,942
Denominator
Total weighted average shares used to compute net income attributable to PDL’s shareholders, per basic share	151,146		163,856		156,802		163,771
Restricted stock outstanding	1,171		429		727		304
Shares used to compute net income attributable to PDL’s shareholders, per diluted share	152,317		164,285		157,529		164,075
Net income attributable to PDL’s shareholders per share - basic	$	0.14	$	0.08	$	0.56	$	0.45
Net income attributable to PDL’s shareholders per share - diluted	$	0.14	$	0.08	$	0.56	$	0.45