Net (Loss) Income Attributable to ORBCOMM Inc. Common Stockholders (Tables)

6 Months Ended

Jun. 30, 2015

Summary of Basic and Diluted Calculations of EPS

The following sets forth the basic and diluted calculations of EPS for the quarters and six months ended June 30, 2015 and 2014:


	Quarters Ended					Six Months Ended
	June 30,					June 30,
(In thousands, expect per share data)	2015			2014		2015			2014
Net (loss) income attributable to ORBCOMM Inc. common stockholders	$	(12,217	)	$	1,394	$	(15,099	)	$	953

Weighted average number of common shares outstanding:
Basic number of common shares outstanding		70,427			55,199		70,333			54,212
Dilutive effect of grants of stock options, unvested SAR’s and RSU’s and shares of Series A convertible preferred stock		—			1,581		—			1,764

Diluted number of common shares outstanding		70,427			56,780		70,333			55,976

Earnings per share:
Basic	$	(0.1	7)	$	0.03	$	(0.21	)	$	0.02
Diluted	$	(0.1	7)	$	0.02	$	(0.21	)	$	0.02

Schedule of Amounts Not Included in Calculation of Diluted EPS

The following represents amounts not included in the above calculation of diluted EPS as their impact was anti-dilutive under the treasury stock method:

Quarters ended
June 30,

Six months ended
June 30,

(Shares in thousands)

2015

2014

2015

2014

SAR’s

1,006

741

*	Not applicable due to the loss for the period.

Summary of Net (Loss) Income Attributable to ORBCOMM Inc. Common Stockholders

The computation of net (loss) income attributable to ORBCOMM Inc. common stockholders for quarter and six months ended June 30, 2015 and 2014 is as follows:


	Quarters ended						Six months ended
	June 30,						June 30,
	2015			2014			2015			2014
Net (loss) income attributable to ORBCOMM Inc.	$	(12,208	)	$	1,403		$	(15,081	)	$	972
Preferred stock dividends on Series A convertible preferred stock		(9	)		(9	)		(18	)		(19	)

Net (loss) income attributable to ORBCOMM Inc. common stockholders	$	(12,217	)	$	1,394		$	(15,099	)	$	953