Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2013

Schedule of Dilutive Impact of Equity Method Investee Stock Options

The following table presents the dilutive impact of Telesat stock options on Loral’s reported income from continuing operations for the purpose of computing diluted earnings per share (in thousands):


	Three Months Ended September 30,				Nine Months Ended September 30,
	2013		2012		2013		2012
Income from continuing operations — basic	$	37,582	$	65,404	$	18,594	$	54,796
Less: Adjustment for dilutive effect of Telesat stock options		(675)		(1,890)		(544)		(207)
Income from continuing operations — diluted	$	36,907	$	63,514	$	18,050	$	54,589

Schedule of Weighted Average Number of Shares for calculating diluted earnings per share

The following is the computation of common shares outstanding for diluted earnings per share (in thousands):


	Three Months Ended September 30,				Nine Months Ended September 30,
	2013		2012		2013		2012
Common and potential common shares outstanding for diluted earnings per share:
Weighted average common shares outstanding		30,920		30,745		30,827		30,684
Stock options		—		30		—		76
Unvested restricted stock units		84		220		170		218
Unvested restricted stock		—		2		—		2
Common shares outstanding for diluted earnings per share		31,004		30,997		30,997		30,980