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INCOME/LOSS PER SHARE (Tables) | 6 Months Ended
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Jun. 30, 2021
Earnings Per Share [Abstract] |
Calculation of basic and diluted net loss per share |
Calculation of basic and diluted net loss per share |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Three Months Ended |  |  | Six Months Ended |
|  | June 30, |  |  | June 30, |
|  | 2021 |  |  | 2020 |  |  | 2021 |  |  | 2020 |
|  | (In thousands, except share and per share information) |
Numerator: |  |  |  |  |  |  |  |  |  |  |  |
Net income (loss) attributable to Acacia Research Corporation |  | $ | 19,507 |  |  | $ | 6,148 |  |  | $ | (145,111 | ) |  | $ | (5,143 | )
Dividend on Series A redeemable convertible preferred stock |  |  | (263 | ) |  |  | (388 | ) |  |  | (523 | ) |  |  | (651 | )
Accretion of Series A redeemable convertible preferred stock |  |  | (918 | ) |  |  | (680 | ) |  |  | (1,771 | ) |  |  | (1,311 | )
Undistributed earnings allocated to participating securities |  |  | (3,218 | ) |  |  | (879 | ) |  |  | – |  |  |  | – |
Net income (loss) attributable to common stockholders - basic |  |  | 15,108 |  |  |  | 4,201 |  |  |  | (147,405 | ) |  |  | (7,105 | )
Less: Change in fair value of Series A warrants |  |  | 221 |  |  |  | – |  |  |  | – |  |  |  | – |
Less: Change in fair value of dilutive Series B warrants |  |  | 1,355 |  |  |  | – |  |  |  | – |  |  |  | – |
Add: Interest expense associated with Starboard Notes, net of tax |  |  | 1,238 |  |  |  | – |  |  |  | – |  |  |  | – |
Add: Undistributed earnings allocated to participating securities |  |  | 3,218 |  |  |  | – |  |  |  | – |  |  |  | – |
Reallocation of undistributed earnings to participating securities |  |  | (2,348 | ) |  |  | – |  |  |  | – |  |  |  | – |
Net income (loss) attributable to common stockholders - diluted |  | $ | 18,792 |  |  | $ | 4,201 |  |  | $ | (147,405 | ) |  | $ | (7,105 | )
Denominator: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Weighted-average shares used in computing net income (loss) per share attributable to common stockholders - basic |  |  | 48,729,020 |  |  |  | 48,457,620 |  |  |  | 48,662,897 |  |  |  | 49,166,508 |
Potentially dilutive common shares: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Restricted stock units |  |  | 869,763 |  |  |  | 576,204 |  |  |  | – |  |  |  | – |
Employee stock options |  |  | 46,858 |  |  |  | – |  |  |  | – |  |  |  | – |
Series A Warrants |  |  | 1,934,490 |  |  |  | – |  |  |  | – |  |  |  | – |
Series B Warrants |  |  | 31,506,849 |  |  |  | – |  |  |  | – |  |  |  | – |
Weighted-average shares used in computing net income (loss) per share attributable to common stockholders - diluted |  |  | 83,086,980 |  |  |  | 49,033,824 |  |  |  | 48,662,897 |  |  |  | 49,166,508 |
Basic net income (loss) per common share |  | $ | 0.31 |  |  | $ | 0.09 |  |  | $ | (3.03 | ) |  | $ | (0.14 | )
Diluted net income (loss) per common share |  | $ | 0.23 |  |  | $ | 0.09 |  |  | $ | (3.03 | ) |  | $ | (0.14 | )
Anti-dilutive potential common shares excluded from the computation of diluted net income (loss) per common share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Equity-based incentive awards |  |  | – |  |  |  | 476,583 |  |  |  | 1,208,687 |  |  |  | 2,321,016 |
Series A warrants |  |  | – |  |  |  | 5,000,000 |  |  |  | 5,000,000 |  |  |  | 5,000,000 |
Series B warrants |  |  | 68,493,151 |  |  |  | 100,000,000 |  |  |  | 100,000,000 |  |  |  | 100,000,000 |
Total |  |  | 68,493,151 |  |  |  | 105,476,583 |  |  |  | 106,208,687 |  |  |  | 107,321,016 |

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- 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=124432515&loc=d3e3550-109257 + Details
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