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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Revenues:        
Service revenues $ 25,048 $ 15,184 $ 72,833 $ 44,512
Product sales 21,036 7,942 60,464 22,262
Total revenues 46,084 23,126 133,297 66,774
Cost of revenues, exclusive of depreciation and amortization shown below:        
Cost of services 8,766 5,291 24,788 14,991
Cost of product sales 15,424 5,524 44,162 16,098
Gross profit 21,894 12,311 64,347 35,685
Operating expenses:        
Selling, general and administrative 10,668 8,720 33,134 23,840
Product development 1,202 788 4,628 2,108
Depreciation and amortization 6,331 2,481 19,426 6,470
Impairment loss - satellite network     12,748  
Acquisition - related and integration costs 500 247 4,061 1,613
Income (loss) from operations 3,193 75 (9,650) 1,654
Other income (expense):        
Interest income 90 14 246 31
Other (expense) income (85) 62 307 107
Interest expense (1,332) (2) (3,906) (3)
Total other (expense) income (1,327) 74 (3,353) 135
Income (loss) before income taxes 1,866 149 (13,003) 1,789
Income taxes 221 145 312 745
Net income (loss) 1,645 4 (13,315) 1,044
Less: Net income (loss) attributable to the noncontrolling interests 54 37 175 105
Net income (loss) attributable to ORBCOMM Inc. 1,591 (33) (13,490) 939
Net income (loss) attributable to ORBCOMM Inc. common stockholders $ 1,582 $ (33) $ (13,517) $ 920
Per share information-basic:        
Net income (loss) attributable to ORBCOMM Inc. common stockholders $ 0.02 $ 0.00 $ (0.19) $ 0.02
Per share information-diluted:        
Net income (loss) attributable to ORBCOMM Inc. common stockholders $ 0.02 $ 0.00 $ (0.19) $ 0.02
Weighted average common shares outstanding:        
Basic 70,460 55,247 70,376 54,561
Diluted 71,918 55,247 70,376 56,275