XML 63 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Revenues:    
Service revenues $ 14,426 $ 13,890
Product sales 4,924 2,830
Total revenues 19,350 16,720
Cost of revenues, exclusive of depreciation and amortization shown below:    
Cost of services 5,070 4,737
Cost of product sales 4,027 2,103
Gross profit 10,253 9,880
Operating expenses:    
Selling, general and administrative 6,806 6,077
Product development 679 786
Depreciation and amortization 1,799 1,258
Acquisition-related costs 1,184 404
(Loss) income from operations (215) 1,355
Other (expense) income:    
Interest income 2 17
Other expense (16) (11)
Interest expense (2) (46)
Total other (expense) income (16) (40)
(Loss) income before income taxes (231) 1,315
Income taxes 173 145
Net (loss) income (404) 1,170
Less: Net income attributable to the noncontrolling interests 27 62
Net (loss) income attributable to ORBCOMM Inc. (431) 1,108
Net (loss) income attributable to ORBCOMM Inc. common stockholders $ (441) $ 1,092
Per share information-basic:    
Net (loss) income attributable to ORBCOMM Inc. common stockholders $ (0.01) $ 0.02
Per share information-diluted:    
Net (loss) income attributable to ORBCOMM Inc. common stockholders $ (0.01) $ 0.02
Weighted average common shares outstanding:    
Basic 53,213 46,837
Diluted 53,213 48,143