Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2018

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				Nine Months Ended
	September 30,				September 30,
	2018		2017		2018		2017
Income from continuing operations — basic	$	46,219	$	24,537	$	50,997	$	93,724
Less: Adjustment for dilutive effect of Telesat stock options		(340)		(713)		(350)		(1,346)
Income from continuing operations — diluted	$	45,879	$	23,824	$	50,647	$	92,378

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				Nine Months Ended
	September 30,				September 30,
	2018		2017		2018		2017
Weighted average common shares outstanding		30,933		30,933		30,933	30,933
Unconverted restricted stock units		75		75		75	75
Common shares outstanding for diluted earnings per share		31,008		31,008		31,008	31,008