Clearwire 2008 Annual Report Download - page 126

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Net
l
oss ava
il
a
bl
eto
h
o
ld
ers o
f
C
l
earw
i
re C
l
ass A Common Stoc
k
, assum
i
ng convers
i
on o
f
t
h
eC
l
earw
i
r
e
Commun
i
cat
i
ons C
l
ass B Common Interests an
d
C
l
earw
i
re C
l
ass B Common Stoc
k
,
i
sas
f
o
ll
ows
(i
nt
h
ousan
d
s
):
Period From
N
ovember 29, 2008 t
o
December
31, 2008
Post Transaction
Net
l
oss
.
.....................................................
$
(29
,
933)
N
on-contro
lli
ng
i
nterests
i
n net
l
oss o
f
conso
lid
ate
d
su
b
s
idi
ar
i
e
s
.
...........
(
159,721
)
T
ax a
dj
ustment resu
l
t
i
ng
f
rom
di
sso
l
ut
i
on o
f
C
l
earw
i
re Commun
i
cat
i
on
s
......
(
4,1
5
8
)
N
et loss available to Clearwire Class A Common Stockholders, assumin
g
the
exchange of Clearwire Class B to Class A Common Stoc
k
.
..............
$
(
193,812
)
We
i
g
h
te
d
average s
h
ares outstan
di
ng
f
or
dil
ute
d
net
l
oss per s
h
are are as
f
o
ll
ows (
i
nt
h
ousan
d
s)
:
Bas
i
c
Dil
u
t
ed
C
learwire Class A Common Stoc
k
..................................
189,921
6
94,92
1
T
he net loss
p
er share available to holders of Clearwire Class A Common Stock on a diluted basis is calculate
d
as follows (in thousands, exce
p
t
p
er share amounts)
:
O
utstand
i
n
g
December
31,
2008
W
e
ig
hted
A
vera
g
e Share
s
Outstandin
g
Income Loss Per Share
C
learwire Class A Common Stoc
k
.....
6
95,002 694,921 $(193,812) $(0.28
)
T
he chan
g
e in diluted loss per share is due to the h
y
pothetical loss of partnership status for Clearwir
e
Communications u
p
on conversion of all Clearwire Communications Class B Common Interests and Clearwir
e
C
l
ass B Common Stoc
k
an
d
t
h
e convers
i
on o
f
t
h
e non-contro
lli
ng
i
nterests
di
scusse
d
a
b
ove
.
T
he computations of diluted loss per share for the period ended December 31, 2008 did not include the effects
o
f
t
h
e
f
o
ll
ow
i
n
g
opt
i
ons, restr
i
cte
d
stoc
k
un
i
ts an
d
warrants as t
h
e
i
nc
l
us
i
on o
f
t
h
ese secur
i
t
i
es wou
ld h
ave
b
ee
n
antidilutive durin
g
a period of losses and also did not include the contin
g
ent shares to be issued as part of the
Transactions, since these shares had not been issued at December 31, 2008
(
in thousands
)
:
Period From
N
ovember
29, 2008
t
o
D
ecember 31
,
2008
Post Transaction
Stoc
k
opt
i
ons
..................................................
1
9
,
31
7
R
estr
i
cte
d
stoc
k
un
i
ts...........................................
.
3
,
054
W
arrant
s
.
...................................................
.
1
7
,
80
6
C
ontin
g
ent share
s
...............................................
2
8,824
6
9,00
1
17.
C
om
p
rehens
i
ve Los
s
C
ompre
h
ens
i
ve
l
oss cons
i
sts o
f
two components, net
l
oss an
d
ot
h
er compre
h
ens
i
ve
l
oss. Ot
h
er compre
h
ens
i
v
e
l
oss re
f
ers to revenue, expenses,
g
a
i
ns an
dl
osses t
h
at, un
d
er U.S. GAAP, are recor
d
e
d
as a component o
f
s
tockholders’ equit
y
but are excluded from net loss. Our other comprehensive loss is comprised of our share of
f
ore
i
gn currency trans
l
at
i
on a
dj
ustments an
d
unrea
li
ze
d
ga
i
ns an
dl
osses on mar
k
eta
bl
e secur
i
t
i
es categor
i
ze
d
a
s
ava
il
a
bl
e-
f
or-sa
l
ew
h
en app
li
ca
bl
e, a
f
ter t
h
e app
li
ca
bl
e amounts
h
ave
b
een a
ll
ocate
d
to our non-contro
lli
n
g
i
nterests
.
114
CLEARWIRE CORPORATION AND
S
UB
S
IDIARIE
S
N
OTES TO CONSOLIDATED FINANCIAL STATEMENTS —
(
Continued
)