EX-11 13 pnkex1112312010.htm EXHIBIT 11 WebFilings | EDGAR view
 

Exhibit 11
 
Pinnacle Entertainment, Inc.
Computation of Earnings Per Share
 
 
For the years ended December 31,
 
Basic
 
Diluted (a)
 
2010
 
2009
 
2008
 
2010
 
2009
 
2008
 
(in thousands, except per share data)
Average number of common shares outstanding
60,872
 
 
60,056
 
 
59,966
 
 
60,872
 
 
60,056
 
 
59,966
 
Average common share due to assumed conversion of share-based awards
—
 
 
—
 
 
—
 
 
—
 
 
—
 
 
—
 
Total shares
60,872
 
 
60,056
 
 
59,966
 
 
60,872
 
 
60,056
 
 
59,966
 
 
 
 
 
 
 
 
 
 
 
 
 
Loss from continuing operations, net
$
(39,617
)
 
$
(80,284
)
 
$
(221,931
)
 
$
(39,617
)
 
$
(80,284
)
 
$
(221,931
)
Income (loss) from discontinued operations, net
16,198
 
 
(178,018
)
 
(100,666
)
 
16,198
 
 
(178,018
)
 
(100,666
)
Net loss
$
(23,419
)
 
$
(258,302
)
 
$
(322,597
)
 
$
(23,419
)
 
$
(258,302
)
 
$
(322,597
)
 
 
 
 
 
 
 
 
 
 
 
 
Per share data:
 
 
 
 
 
 
 
 
 
 
 
Loss from continuing operations, net
$
(0.65
)
 
$
(1.34
)
 
$
(3.70
)
 
$
(0.65
)
 
$
(1.34
)
 
$
(3.70
)
Income (loss) from discontinued operations, net
0.27
 
 
(2.96
)
 
(1.68
)
 
0.27
 
 
(2.96
)
 
(1.68
)
Net loss per share
$
(0.38
)
 
$
(4.30
)
 
$
(5.38
)
 
$
(0.38
)
 
$
(4.30
)
 
$
(5.38
)
 
(a)     When the computed diluted values are antidilutive, the basic per share values are presented on the face of the audited Consolidated Statements of Operations.