Earnings Per Share (Tables)

9 Months Ended

Sep. 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):


	Nine Months Ended September 30, 2014
Income from continuing operations — basic	$	12,304
Less: Adjustment for dilutive effect of Telesat stock options		(615)
Income from continuing operations — diluted	$	11,689

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):


	Nine Months Ended September 30,
	2014
Weighted average common shares outstanding	30,920
Unconverted restricted stock units	84
Common shares outstanding for diluted earnings per share	31,004

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

For the three months ended September 30, 2015 and 2014, and nine months ended September 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):


	Three Months Ended September 30,		Nine Months Ended September 30,
	2015	2014	2015
Unconverted restricted stock units	75	84	78