Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 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):


	Year Ended December 31, 2013
	2013		2012		2011
Income from continuing operations — basic	$	21,456	$	100,442	$	52,608
Less: Adjustment for dilutive effect of Telesat stock options		(641)		(683)		(4,352)
Income from continuing operations — diluted	$	20,815	$	99,759	$	48,256

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):


	Year Ended December 31,
	2013	2012	2011
Common and potential common shares outstanding for diluted earnings per share:
Weighted average common shares outstanding	30,850	30,703	30,680
Stock options	—	61	257
Unvested or unconverted restricted stock units	149	226	226
Unvested or unconverted restricted stock	—	1	3
Common shares outstanding for diluted earnings per share	30,999	30,991	31,166