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

9 Months Ended

Sep. 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 nine months ended September 30, 2015 and 2014:

	Quarters Ended					Nine Months Ended
	September 30,					September 30,
(In thousands, expect per share data)	2015		2014			2015			2014
Net income (loss) attributable to ORBCOMM Inc. common stockholders	$	1,582	$	(33	)	$	(13,517	)	$	920
Weighted average number of common shares outstanding:
Basic number of common shares outstanding		70,460		55,247			70,376			54,561
Dilutive effect of grants of stock options, unvested SARs and RSUs and shares of Series A convertible preferred stock		1,458		—			—			1,714
Diluted number of common shares outstanding		71,918		55,247			70,376			56,275
Earnings per share:
Basic	$	0.02	$	(0.00	)	$	(0.19	)	$	0.02
Diluted	$	0.02	$	(0.00	)	$	(0.19	)	$	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				Nine months ended
	September 30,				September 30,
(Shares in thousands)	2015		2014		2015		2014
SARs		606		*		*		737

*	Not applicable due to the loss for the period.

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

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

	Quarters ended						Nine months ended
	September 30,						September 30,
	2015			2014			2015			2014
Net income (loss) attributable to ORBCOMM Inc.	$	1,591		$	(33	)	$	(13,490	)	$	939
Preferred stock dividends on Series A convertible preferred stock		(9	)		—			(27	)		(19	)
Net income (loss) attributable to ORBCOMM Inc. common stockholders	$	1,582		$	(33	)	$	(13,517	)	$	920