EX-11 3 ex-11123111.htm COMPUTATION OF NET INCOME (LOSS) PER COMMON SHARE Ex-11 123111


EXHIBIT 11
CROWN CASTLE INTERNATIONAL CORP.
COMPUTATION OF NET INCOME (LOSS)
PER COMMON SHARE
(IN THOUSANDS OF DOLLARS, EXCEPT PER SHARE AMOUNTS)
 
 
Years Ended December 31,
 
2011
 
2010
 
2009
 
2008
 
2007
Income (loss) from continuing operations attributable to CCIC stockholders
$
171,077

 
$
(310,940
)
 
$
(114,332
)
 
$
(48,858
)
 
$
(222,813
)
Dividends on preferred stock and losses on purchases of preferred stock
(22,940
)
 
(20,806
)
 
(20,806
)
 
(20,806
)
 
(20,805
)
Income (loss) from continuing operations attributable to CCIC stockholders after deduction of dividends on preferred stock and losses on purchases of preferred stock for basic and diluted computations
148,137

 
(331,746
)
 
(135,138
)
 
(69,664
)
 
(243,618
)
Income (loss) from discontinued operations attributable to CCIC stockholders
—

 
—

 
—

 
—

 
—

Net income (loss) attributable to CCIC stockholders after deduction of dividends on preferred stock and losses on purchases of preferred stock for basic and diluted computations
$
148,137

 
$
(331,746
)
 
$
(135,138
)
 
$
(69,664
)
 
$
(243,618
)
Weighted-average number of common shares outstanding during the period for basic and diluted computations (in thousands)
283,821

 
286,764

 
286,622

 
282,007

 
279,937

Per common share-basic and diluted:
 
 
 
 
 
 
 
 
 
Income (loss) from continuing operations attributable to CCIC stockholders
$
0.52

 
$
(1.16
)
 
$
(0.47
)
 
$
(0.25
)
 
$
(0.87
)
Income (loss) from discontinued operations attributable to CCIC stockholders
—

 
—

 
—

 
—

 
—

Net income (loss)
$
0.52

 
$
(1.16
)
 
$
(0.47
)
 
$
(0.25
)
 
$
(0.87
)