iHeartMedia, Inc. - FORM 10-K - EX-11 - STATEMENT RE: COMPUTATION OF LOSS PER SHARE - February 19, 2015

Attached files

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

$

 (793,761) 

 

$

 (606,883) 

 

$

 (424,479) 

 

Less: Participating securities dividends

 

 -  

 

 

 2,566  

 

 

 8,456  

Net loss attributable to the Company per common share – basic

   and diluted

$

 (793,761) 

 

$

 (609,449) 

 

$

 (432,935) 

DENOMINATOR:

 

 

 

 

 

 

 

 

Weighted average common shares outstanding – basic

 

 83,941  

 

 

 83,364  

 

 

 82,745  

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

Stock options and restricted stock (1)

 

 -  

 

 

 -  

 

 

 -  

Weighted average common shares outstanding – diluted

 

 83,941  

 

 

 83,364  

 

 

 82,745  

Net loss attributable to the Company per common share:

 

 

 

 

 

 

 

 

 

Basic

$

 (9.46) 

 

$

 (7.31) 

 

$

 (5.23) 

 

Diluted

$

 (9.46) 

 

$

 (7.31) 

 

$

 (5.23) 

 

 

 

 

 

 

 

 

 

 

(1)

6.8 million, 6.4 million, and 5.4 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.

 

 

iHeartMedia, Inc. Reports