XML 30 R20.htm IDEA: XBRL DOCUMENT
v3.21.2

Net Income Per Share (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2021
Net Income Per Share |
Schedule of computation of basic and diluted net income per share | The following table shows the computation of basic and diluted net income per share for the three and six months ended June 30, 2021 and 2020: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended June 30, | ​ | Six Months Ended June 30,
(In thousands except per share data) |  | 2021 |  | 2020 |  | 2021 |  | 2020
Numerator: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net income attributable to Innoviva stockholders, basic | ​ | $ | 88,948 | ​ | $ | 76,844 |  | $ | 183,071 |  | $ | 142,281
Add: interest expense on 2023 Notes | ​ |  | 1,163 | ​ |  | 1,184 |  | ​ | 2,367 |  | ​ | 2,364
Net income attributable to Innoviva stockholders, diluted | ​ | $ | 90,111 | ​ | $ | 78,028 |  | $ | 185,438 |  | $ | 144,645
Denominator: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Weighted-average shares used to compute basic net income per share attributable to Innoviva stockholders | ​ |  | 88,423 | ​ |  | 101,324 |  | ​ | 94,858 |  | ​ | 101,280
Dilutive effect of 2023 Notes | ​ |  | 12,189 | ​ |  | 12,189 |  | ​ | 12,189 |  | ​ | 12,189
Dilutive effect of options and awards granted under equity incentive plan and employee stock purchase plan | ​ |  | 27 | ​ |  | 32 |  | ​ | 49 |  | ​ | 58
Weighted-average shares used to compute diluted net income per share attributable to Innoviva stockholders | ​ |  | 100,639 | ​ |  | 113,545 |  | ​ | 107,096 |  | ​ | 113,527
Net income per share attributable to Innoviva stockholders | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Basic | ​ | $ | 1.01 | ​ | $ | 0.76 |  | $ | 1.93 |  | $ | 1.40
Diluted | ​ | $ | 0.90 | ​ | $ | 0.69 |  | $ | 1.73 |  | $ | 1.27
Schedule of anti-dilutive securities | The following common stock equivalents were not included in the computation of diluted net income per share because their effect was anti-dilutive: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended June 30, | ​ | Six Months Ended June 30,
(In thousands) |  | 2021 |  | 2020 |  | 2021 |  | 2020
Outstanding options and awards granted under equity incentive plan and employee stock purchase plan | ​ | ​ | 1,093 |  | ​ | 1,154 | ​ | ​ | 1,126 |  | ​ | 1,124

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
Name: | us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration