Attached files

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EX-32 - CERTIFICATION OF CHIEF EXECUTIVE OFFICER PURSUANT TO SECTION 906 - iHeartMedia, Inc.Exhibit32.1.htm
EX-32 - CERTIFICATION OF CHIEF FINANCIAL OFFICER PURSUANT TO SECTION 906 - iHeartMedia, Inc.Exhibit32.2.htm
EX-31 - CERTIFICATION OF CHIEF EXECUTIVE OFFICER PURSUANT TO SECTION 302 - iHeartMedia, Inc.Exhibit31.1.htm
EX-31 - CERTIFICATION OF CHIEF FINANCIAL OFFICER PURSUANT TO SECTION 302 - iHeartMedia, Inc.Exhibit31.2.htm
10-Q - FORM 10-Q - iHeartMedia, Inc.10-Q.htm

 

EXHIBIT 11 COMPUTATION OF LOSS PER SHARE

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(In thousands, except per share data)

Three Months Ended

 

Nine Months Ended

 

 

 

September 30,

 

September 30,

 

 

 

2015

 

2014

 

2015

 

2014

 

NUMERATOR:

 

 

 

 

 

 

 

 

 

 

 

 

Net loss attributable to the

    Company – common shares

$

 (221,917) 

 

$

 (114,852) 

 

$

 (661,349) 

 

$

 (725,672) 

 

 

Less: Participating securities dividends

 

 -  

 

 

 -  

 

 

 -  

 

 

 -  

 

Net loss attributable to the Company per

    common share – basic and diluted

$

 (221,917) 

 

$

 (114,852) 

 

$

 (661,349) 

 

$

 (725,672) 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

DENOMINATOR:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

    - basic

 

 84,350  

 

 

 83,991  

 

 

 84,236  

 

 

 83,903  

 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

 

 

 

 

Stock options and restricted stock (1)

 

 -  

 

 

 -  

 

 

 -  

 

 

 -  

 

Weighted average common shares outstanding

    - diluted

 

 84,350  

 

 

 83,991  

 

 

 84,236  

 

 

 83,903  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss attributable to the Company per

   common share:

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

$

 (2.63) 

 

$

 (1.37) 

 

$

 (7.85) 

 

$

 (8.65) 

 

 

Diluted

$

 (2.63) 

 

$

 (1.37) 

 

$

 (7.85) 

 

$

 (8.65) 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(1)    Outstanding equity awards of 7.3 million and 7.0 million for the three months ended September 30, 2015 and 2014, respectively, and 7.3 million and 7.0 million for the nine months ended September 30, 2015 and 2014, respectively, were not included in the computation of diluted earnings per share because to do so would have been antidilutive.