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10-Q - 10-Q - Gold Merger Sub, LLCpnk9301510q.htm
EX-32 - EXHIBIT 32 - Gold Merger Sub, LLCexhibit32093015.htm
EX-31.1 - EXHIBIT 31.1 - Gold Merger Sub, LLCexhibit311093015.htm
EX-31.2 - EXHIBIT 31.2 - Gold Merger Sub, LLCexhibit312093015.htm


Exhibit 11
Pinnacle Entertainment, Inc.
Computation of Earnings Per Share
(in thousands, except per share data)

 
For the three months ended September 30,
 
Basic
 
Diluted
 
2015
 
2014
 
2015
 
2014
Average number of common shares outstanding
61,187

 
59,817

 
61,187

 
59,817

Average common shares due to assumed conversion of stock options

 

 
2,404

 
1,983

Total shares
61,187

 
59,817

 
63,591

 
61,800

 
 
 
 
 
 
 
 
Income from continuing operations
$
13,468

 
$
7,719

 
$
13,468

 
$
7,719

Income from discontinued operations, net of income taxes
272

 
4,771

 
272

 
4,771

Net income
13,740

 
12,490

 
13,740

 
12,490

Net loss attributable to non-controlling interest
(9
)
 
(16
)
 
(9
)
 
(16
)
Net income attributable to Pinnacle Entertainment, Inc.
$
13,749

 
$
12,506

 
$
13,749

 
$
12,506

 
 
 
 
 
 
 
 
Per share data:
 
 
 
 
 
 
 
Income from continuing operations
$
0.22

 
$
0.13

 
$
0.22

 
$
0.13

Income from discontinued operations, net of income taxes

 
0.08

 

 
0.08

Net income per common share
$
0.22

 
$
0.21

 
$
0.22

 
$
0.21

 
 
 
 
 
 
 
 
 
For the nine months ended September 30,
 
Basic
 
Diluted
 
2015
 
2014
 
2015
 
2014
Average number of common shares outstanding
60,936

 
59,560

 
60,936

 
59,560

Average common shares due to assumed conversion of stock options

 

 
2,255

 
1,933

Total shares
60,936

 
59,560

 
63,191

 
61,493

 
 
 
 
 
 
 
 
Income from continuing operations
$
56,340

 
$
24,147

 
$
56,340

 
$
24,147

Income from discontinued operations, net of income taxes
5,188

 
5,096

 
5,188

 
5,096

Net income
61,528

 
29,243

 
61,528

 
29,243

Net loss attributable to non-controlling interest
(1,271
)
 
(52
)
 
(1,271
)
 
(52
)
Net income attributable to Pinnacle Entertainment, Inc.
$
62,799

 
$
29,295

 
$
62,799

 
$
29,295

 
 
 
 
 
 
 
 
Per share data:
 
 
 
 
 
 
 
Income from continuing operations
$
0.94

 
$
0.41

 
$
0.91

 
$
0.39

Income from discontinued operations, net of income taxes
0.09

 
0.09

 
0.08

 
0.08

Net income per common share
$
1.03

 
$
0.50

 
$
0.99


$
0.47