Attached files

file filename
EX-32 - CERTIFICATION OF CHIEF EXECUTIVE OFFICER PURSUANT TO SECTION 906 - Clear Channel Outdoor Holdings, Inc.Exhibit32.1.htm
EX-32 - CERTIFICATION OF CHIEF FINANCIAL OFFICER PURSUANT TO SECTION 906 - Clear Channel Outdoor Holdings, Inc.Exhibit32.2.htm
EX-10 - EMPLOYMENT AGREEMENT WILLIAM ECCLESHARE - Clear Channel Outdoor Holdings, Inc.Exhibit10.38.htm
EX-10 - 2012 STOCK INCENTIVE PLAN RESTRICTED STOCK AWARD AGREEMENT - Clear Channel Outdoor Holdings, Inc.Exhibit10.26.htm
EX-23 - CONSENT OF ERNST & YOUNG LLP - Clear Channel Outdoor Holdings, Inc.Exhibit23.htm
EX-31 - CERTIFICATION OF CHIEF EXECUTIVE OFFICER PURSUANT TO SECTION 302 - Clear Channel Outdoor Holdings, Inc.Exhibit31.1.htm
EX-10 - 2012 STOCK INCENTIVE PLAN STOCK OPTION AGREEMENT - Clear Channel Outdoor Holdings, Inc.Exhibit10.25.htm
EX-10 - 2012 STOCK INCENTIVE PLAN RESTRICTED STOCK UNIT AWARD AGREEMENT - Clear Channel Outdoor Holdings, Inc.Exhibit10.27.htm
EX-21 - SUBSIDIARIES - Clear Channel Outdoor Holdings, Inc.Exhibit21.htm
10-K - FORM 10-K - Clear Channel Outdoor Holdings, Inc.10-K.htm
EX-31 - CERTIFICATION OF CHIEF FINANCIAL OFFICER PURSUANT TO SECTION 302 - Clear Channel Outdoor Holdings, Inc.Exhibit31.2.htm

 

EXHIBIT 11 – COMPUTATION OF LOSS PER SHARE

 

 

 

 

 

 

 

 

 

 

(In thousands, except per share data)

Year Ended December 31,

 

 

2015

 

2014

 

2013

NUMERATOR:

 

 

 

 

 

 

 

 

Net loss attributable to the Company – common shares

$

 (96,072) 

 

$

 (9,590) 

 

$

 (48,460) 

 

Less: Participating securities dividends

 

 -  

 

 

 -  

 

 

 2,566  

Net loss attributable to the Company per common share – basic

   and diluted

$

 (96,072) 

 

$

 (9,590) 

 

$

 (51,026) 

DENOMINATOR:

 

 

 

 

 

 

 

 

Weighted average common shares outstanding – basic

 

 359,508  

 

 

 358,565  

 

 

 357,662  

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

Stock options and restricted stock (1)

 

 -  

 

 

 -  

 

 

 -  

Weighted average common shares outstanding – diluted

 

 359,508  

 

 

 358,565  

 

 

 357,662  

Net loss attributable to the Company per common share:

 

 

 

 

 

 

 

 

 

Basic

$

 (0.27) 

 

$

 (0.03) 

 

$

 (0.14) 

 

Diluted

$

 (0.27) 

 

$

 (0.03) 

 

$

 (0.14) 

 

 

 

 

 

 

 

 

 

 

(1)

8.1 million, 8.5 million, and 8.8 million stock options were outstanding at December 31, 2015, 2014 and 2013, respectively, were not included in the computation of diluted earnings per share because to do so would have been anti-dilutive.