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10-K
ICONIX BRAND GROUP, INC. filed this Form 10-K on 03/28/2019
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As of December 31, 2018, of the performance related restricted stock-based awards issued in connection with the Company’s named executive officers, none of the shares were anti-dilutive compared to all of the shares (or approximately 0.1 million) that were anti-dilutive as of December 31, 2017.

For FY 2017, warrants issued in connection with the Company’s 1.50% Convertible Notes financing were anti-dilutive and therefore were not included in this calculation. Warrants issued in connection with the Company’s 1.50% Convertible Notes were no longer outstanding as of December 31, 2018 given the repayment of the 1.50% Convertible Notes in March 2018.

A reconciliation of weighted average shares used in calculating basic and diluted earnings per share follows:

 

 

 

FY 2018

 

 

FY 2017

 

Basic

 

 

6,734

 

 

 

5,711

 

Effect of assumed vesting of restricted stock

 

 

 

 

 

 

Effect of convertible notes subject to conversion

 

 

 

 

 

 

Diluted

 

 

6,734

 

 

 

5,711

 

 

As a result of the Company being in a net loss position during FY 2018 and FY 2017, dilution from the exercise of vesting of restricted stock has been excluded in the diluted earnings per share calculation.

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