InterDigital Inc (IDCC)

[olddog967]

Mickey: Based on data as of 30 June 2016, IDCC could not now do a 2 1/2 split. As of 30 June the number of shares issued plus the number of shares represented by RSUs, options, warrants and convertible securities would exceed 40 million.


The following are various stock related numbers from the latest 10-Q:


34,351 issued and out standing

In addition as stated in the 10-Q:

"Certain shares of common stock issuable upon the exercise or conversion of certain securities have been excluded from our computation of earnings per share because the strike price or conversion rate, as applicable, of such securities was less than the average market price of our common stock for second quarter 2016 and second quarter 2015, as applicable, and, as a result, the effect of such exercise or conversion would have been anti-dilutive. 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 earnings per share for the periods presented (in thousands):"

142 Restricted stock units and stock options
 
4,366 Convertible securities
 
8,455 Warrants**
 
12,963 Total


** (my comment) As of now the number of warrants that could be exercised would be reduced by the expiration of warrants that were issued in conjunction with the 2011 note issue.