Attached files

file filename
EXCEL - IDEA: XBRL DOCUMENT - Clear Channel Outdoor Holdings, Inc.Financial_Report.xls
EX-23 - CONSENT OF ERNST & YOUNG LLP - Clear Channel Outdoor Holdings, Inc.Exhibit23.htm
EX-21 - SUBSIDIARIES - Clear Channel Outdoor Holdings, Inc.Exhibit21.htm
EX-32 - CERTIFICATION OF CHIEF EXECUTIVE OFFICER PURSUANT TO SECTION 906 - Clear Channel Outdoor Holdings, Inc.Exhibit32.1.htm
EX-31 - CERTIFICATION OF CHIEF FINANCIAL OFFICER PURSUANT TO SECTION 302 - Clear Channel Outdoor Holdings, Inc.Exhibit31.2.htm
EX-32 - CERTIFICATION OF CHIEF FINANCIAL OFFICER PURSUANT TO SECTION 906 - Clear Channel Outdoor Holdings, Inc.Exhibit32.2.htm
10-K - FORM 10-K - Clear Channel Outdoor Holdings, Inc.10-K.htm
EX-31 - CERTIFICATION OF CHIEF EXECUTIVE OFFICER PURSUANT TO SECTION 302 - Clear Channel Outdoor Holdings, Inc.Exhibit31.1.htm

 

EXHIBIT 11 – COMPUTATION OF LOSS PER SHARE

 

 

 

 

 

 

 

 

 

 

(In thousands, except per share data)

Year Ended December 31,

 

 

2014

 

2013

 

2012

NUMERATOR:

 

 

 

 

 

 

 

 

Net loss attributable to the Company – common shares

$

 (9,590) 

 

$

 (48,460) 

 

$

 (183,112) 

 

Less: Participating securities dividends

 

 -  

 

 

 2,566  

 

 

 8,456  

Net loss attributable to the Company per common share – basic

   and diluted

$

 (9,590) 

 

$

 (51,026) 

 

$

 (191,568) 

DENOMINATOR:

 

 

 

 

 

 

 

 

Weighted average common shares outstanding – basic

 

 358,565  

 

 

 357,662  

 

 

 356,915  

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

Stock options and restricted stock (1)

 

 -  

 

 

 -  

 

 

 -  

Weighted average common shares outstanding – diluted

 

 358,565  

 

 

 357,662  

 

 

 356,915  

Net loss attributable to the Company per common share:

 

 

 

 

 

 

 

 

 

Basic

$

 (0.03) 

 

$

 (0.14) 

 

$

 (0.54) 

 

Diluted

$

 (0.03) 

 

$

 (0.14) 

 

$

 (0.54) 

 

 

 

 

 

 

 

 

 

 

(1)

8.5 million, 8.8 million, and 9.5 million stock options were outstanding at December 31, 2014, 2013 and 2012, respectively, that were not included in the computation of diluted earnings per share because to do so would have been anti-dilutive.