Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2019

Earnings Per Share [Abstract]

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 net income for the purpose of computing diluted earnings per share (in thousands):

	Three Months Ended
	March 31,
	2019		2018
Net income — basic	$	38,516	$	4,294
Less: Adjustment for dilutive effect of Telesat stock options		(254)		(29)
Net income — diluted	$	38,262	$	4,265

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
	March 31,
	2019		2018
Weighted average common shares outstanding		30,933	30,933
Unconverted restricted stock units		75	75
Common shares outstanding for diluted earnings per share		31,008	31,008