Net Income Per Share (Tables)

9 Months Ended

Sep. 30, 2025

Schedule of numerator and the denominator of the basic and diluted

The following tables reconcile the numerator and the denominator of the basic and diluted net income per share computation (in thousands, except for per share data):


	Three Months Ended September 30,				Nine Months Ended September 30,
	2025		2024		2025		2024
Net income	$	67,503	$	34,190	$	363,673	$	225,506
Weighted-average shares outstanding:
Basic	25,797		25,149		25,818		25,286
Dilutive effect of stock options and RSUs	1,207		1,067		1,172		917
Dilutive effect of warrants	3,645		1,379		3,149		472
Dilutive effect of convertible securities	4,276		2,439		3,912		2,084
Diluted	34,925		30,034		34,051		28,759
Earnings per share:
Basic	$	2.62	$	1.36	$	14.09	$	8.92
Dilutive effect of stock options and RSUs	(0.10)		(0.05)		(0.49)		(0.25)
Dilutive effect of warrants	(0.27)		(0.06)		(1.30)		(0.15)
Dilutive effect of convertible securities	(0.32)		(0.11)		(1.62)		(0.68)
Diluted	$	1.93	$	1.14	$	10.68	$	7.84

Schedule of excluded from our computation of EPS

Set forth below are the securities and the weighted average number of shares of common stock underlying such securities that were excluded from our computation of EPS for the periods presented (in thousands):


	Three Months Ended September 30,		Nine Months Ended September 30,
	2025	2024	2025	2024


Warrants	2,324	6,056	2,813	7,002

InterDigital, Inc. 10-Q