Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2015

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 June 30,				Six Months Ended June 30,
	2015		2014		2015		2014
Income (loss) from continuing operations — basic	$	18,027	$	53,002	$	(64,476)	$	38,184
Less: Adjustment for dilutive effect of Telesat stock options		(761)		(1,299)		—		(1,291)
Income (loss) from continuing operations — diluted	$	17,266	$	51,703	$	(64,476)	$	36,893

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 June 30,				Six Months Ended June 30,
	2015		2014		2015	2014
Weighted average common shares outstanding		30,927		30,920	30,923	30,920
Unconverted restricted stock units		79		84	—	84
Common shares outstanding for diluted earnings per share		31,006		31,004	30,923	31,004

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block]

For the six months ended June 30, 2015, the following unconverted restricted stock units are excluded from the calculation of diluted loss per share as the effect would have been antidilutive (in thousands):


	Six Months Ended June 30, 2015
Unconverted restricted stock units	80