EX-11 2 dex11.htm COMPUTATION OF NET INCOME (LOSS) PER COMMON SHARE COMPUTATION OF NET INCOME (LOSS) PER COMMON SHARE

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,  
     2009     2008     2007     2006     2005  

Income (loss) from continuing operations attributable to CCIC stockholders

   $ (114,332   $ (48,858   $ (222,813   $ (47,550   $ (391,743

Dividends on preferred stock

     (20,806     (20,806     (20,805     (20,806     (37,354

Losses on purchases of preferred stock

     —          —          —          —          (12,002
                                        

Income (loss) from continuing operations attributable to CCIC stockholders applicable to common stock for basic and diluted computations

     (135,138     (69,664     (243,618     (68,356     (441,099

Income (loss) from discontinued operations attributable to CCIC stockholders

     —          —          —          5,657        848   

Cumulative effect of change in accounting principle attributable to CCIC stockholders

     —          —          —          —          (9,031
                                        

Net income (loss) attributable to CCIC stockholders applicable to common stock for basic and diluted computations

   $ (135,138   $ (69,664   $ (243,618   $ (62,699   $ (449,282
                                        

Weighted-average number of common shares outstanding during the period for basic and diluted computations (in thousands)

     286,622        282,007        279,937        207,245        217,759   
                                        

Per common share—basic and diluted:

          

Income (loss) from continuing operations attributable to CCIC stockholders

   $ (0.47   $ (0.25   $ (0.87   $ (0.33   $ (2.02

Income (loss) from discontinued operations attributable to CCIC stockholders

     —          —          —          0.03        —     

Cumulative effect of change in accounting principle attributable to CCIC stockholders

     —          —          —          —          (0.04
                                        

Net income (loss)

   $ (0.47   $ (0.25   $ (0.87   $ (0.30   $ (2.06