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Net Loss Attributable to ORBCOMM Inc. Common Stockholders (Tables)
9 Months Ended
Sep. 30, 2018
Earnings Per Share [Abstract]  
Summary of Basic and Diluted Calculations of EPS

The following sets forth the basic and diluted EPS calculations for the quarters and nine months ended September 30, 2018 and 2017:

 

 

 

Quarters Ended

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

 

 

2018

 

 

2017

 

 

2018

 

 

2017

 

Net loss attributable to ORBCOMM Inc.

   common stockholders

 

$

(3,295

)

 

$

(39,694

)

 

$

(20,614

)

 

$

(53,777

)

Weighted average number of common shares outstanding:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic number of common shares outstanding

 

 

78,649

 

 

 

73,762

 

 

 

77,158

 

 

 

72,396

 

Dilutive effect of unvested SARs and RSUs and shares

   of Series A convertible preferred stock

 

 

 

 

 

 

 

 

 

 

 

 

Diluted number of common shares outstanding

 

 

78,649

 

 

 

73,762

 

 

 

77,158

 

 

 

72,396

 

Earnings per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

(0.04

)

 

$

(0.54

)

 

$

(0.27

)

 

$

(0.74

)

Diluted

 

$

(0.04

)

 

$

(0.54

)

 

$

(0.27

)

 

$

(0.74

)

 

Summary of Net Loss Attributable to ORBCOMM Inc. Common Stockholders

The computation of net loss attributable to ORBCOMM Inc. common stockholders for the quarters and nine months ended September 30, 2018 and 2017 is as follows:

 

 

 

Quarters Ended

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

 

 

2018

 

 

2017

 

 

2018

 

 

2017

 

Net loss attributable to ORBCOMM Inc.

 

$

(3,295

)

 

$

(39,682

)

 

$

(20,603

)

 

$

(53,765

)

Preferred stock dividends on Series A convertible preferred

   stock

 

 

 

 

 

(12

)

 

 

(11

)

 

 

(12

)

Net loss attributable to ORBCOMM Inc.

   common stockholders

 

$

(3,295

)

 

$

(39,694

)

 

$

(20,614

)

 

$

(53,777

)