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

3 Months Ended

Mar. 31, 2017

Earnings Per Share [Abstract]

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

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

The Company accounts for earnings per share (“EPS”) in accordance with FASB ASC Topic 260, “Earnings Per Share” (“ASC 260”) and related guidance, which requires two calculations of EPS to be disclosed: basic and diluted. The numerator in calculating basic and diluted EPS is an amount equal to the net income (loss) attributable to ORBCOMM Inc. common stockholders for the periods presented. The denominator in calculating basic EPS is the weighted-average shares outstanding for the respective periods. The denominator in calculating diluted EPS is the weighted-average shares outstanding, plus the dilutive effect of unvested SAR and RSU grants and shares of Series A convertible preferred stock for the respective periods. The following sets forth the basic and diluted calculations of EPS for the three months ended March 31, 2017 and 2016:

	Three Months Ended
	March 31,
	2017			2016
Net loss attributable to ORBCOMM Inc.    common stockholders	$	(3,343	)	$	(2,096	)
Weighted average number of common shares outstanding:
Basic number of common shares outstanding		71,424			70,700
Dilutive effect of unvested SARs and RSUs and shares    of Series A convertible preferred stock		—			—
Diluted number of common shares outstanding		71,424			70,700
Earnings per share:
Basic	$	(0.05	)	$	(0.03	)
Diluted	$	(0.05	)	$	(0.03	)

The computation of net loss attributable to ORBCOMM Inc. common stockholders for the three months ended March 31, 2017 and 2016 is as follows:

	Three Months Ended
	March 31,
	2017			2016
Net loss attributable to ORBCOMM Inc.	$	(3,343	)	$	(2,096	)
Preferred stock dividends on Series A convertible preferred    stock		—			—
Net loss attributable to ORBCOMM Inc.    common stockholders	$	(3,343	)	$	(2,096	)