Clear Channel Outdoor Holdings, Inc. - FORM 10-Q - EX-11 - COMPUTATION OF LOSS PER SHARE

file	filename
EXCEL - IDEA: XBRL DOCUMENT - Clear Channel Outdoor Holdings, Inc.	Financial_Report.xls
10-Q - FORM 10-Q - Clear Channel Outdoor Holdings, Inc.	d327082d10q.htm
EX-31.1 - CERTIFICATION OF CHIEF EXECUTIVE OFFICER PURSUANT TO SECTION 302 - Clear Channel Outdoor Holdings, Inc.	d327082dex311.htm
EX-31.2 - CERTIFICATION OF CHIEF FINANCIAL OFFICER PURSUANT TO SECTION 302 - Clear Channel Outdoor Holdings, Inc.	d327082dex312.htm
EX-32.1 - CERTIFICATION OF CHIEF EXECUTIVE OFFICER PURSUANT TO SECTION 906 - Clear Channel Outdoor Holdings, Inc.	d327082dex321.htm
EX-32.2 - CERTIFICATION OF CHIEF FINANCIAL OFFICER PURSUANT TO SECTION 906 - Clear Channel Outdoor Holdings, Inc.	d327082dex322.htm

EXHIBIT 11 – COMPUTATION OF LOSS PER SHARE


(In thousands, except per share data)	Three Months Ended March 31,
	2012		2011
NUMERATOR:
Net loss attributable to the Company – common shares	$	(43,870)	$	(9,541)
Less: Participating securities dividends		7,475		1,213
Less: Income (loss) attributable to the Company – unvested shares		—		—

Net loss attributable to the Company per common share – basic and diluted	$	(51,345)	$	(10,754)

DENOMINATOR:
Weighted average common shares outstanding – basic		356,363		355,793
Effect of dilutive securities:
Stock options and restricted stock (1)		—		—

Weighted average common shares outstanding – diluted		356,363		355,793

Net loss attributable to the Company per common share:
Basic	$	(0.14)	$	(0.03)
Diluted	$	(0.14)	$	(0.03)

(1)	Equity awards of 10.3 million and 6.4 million were outstanding as of March 31, 2012 and 2011, respectively, but were not included in the computation of diluted earnings per share because to do so would have been antidilutive.

Clear Channel Outdoor Holdings, Inc. - FORM 10-Q - EX-11 - COMPUTATION OF LOSS PER SHARE - May 4, 2012