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Net Loss Attributable to ORBCOMM Inc. Common Stockholders (Tables)
6 Months Ended
Jun. 30, 2017
Earnings Per Share [Abstract]  
Summary of Basic and Diluted Calculations of EPS

The following sets forth the basic and diluted calculations of EPS for the quarter and six months ended June 30, 2017 and 2016:

 

 

 

Quarter Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2017

 

 

2016

 

 

2017

 

 

2016

 

Net loss attributable to ORBCOMM Inc.

   common stockholders

 

$

(10,740

)

 

$

(4,169

)

 

$

(14,083

)

 

$

(6,265

)

Weighted average number of common shares outstanding:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic number of common shares outstanding

 

 

71,978

 

 

 

70,900

 

 

 

71,703

 

 

 

70,800

 

Dilutive effect of unvested SARs and RSUs and shares

   of Series A convertible preferred stock

 

 

 

 

 

 

 

 

 

 

 

 

Diluted number of common shares outstanding

 

 

71,978

 

 

 

70,900

 

 

 

71,703

 

 

 

70,800

 

Earnings per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

(0.15

)

 

$

(0.06

)

 

$

(0.20

)

 

$

(0.09

)

Diluted

 

$

(0.15

)

 

$

(0.06

)

 

$

(0.20

)

 

$

(0.09

)

 

Summary of Net Loss Attributable to ORBCOMM Inc. Common Stockholders

The computation of net loss attributable to ORBCOMM Inc. common stockholders for the six months ended June 30, 2017 and 2016 is as follows:

 

 

 

Quarter Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2017

 

 

2016

 

 

2017

 

 

2016

 

Net loss attributable to ORBCOMM Inc.

 

$

(10,740

)

 

$

(4,169

)

 

$

(14,083

)

 

$

(6,265

)

Preferred stock dividends on Series A convertible preferred

   stock

 

 

 

 

 

 

 

 

 

 

 

 

Net loss attributable to ORBCOMM Inc.

   common stockholders

 

$

(10,740

)

 

$

(4,169

)

 

$

(14,083

)

 

$

(6,265

)