Clearwire 2010 Annual Report Download - page 115

The contingent shares for the year ended December 31, 2010 relate to Clearwire Communications Class B
Common Interests and Clearwire Communications voting interests that were issued to Participating Equityholders
upon the Third Investment Closing, as such interests can be exchanged for Class A Common Stock.
The contingent shares for the year ended December 31, 2009, primarily relate to Clearwire Communications
Class B Common Interests and Clearwire Communications voting interests that were to be issued to Participating
Equityholders upon the Second and Third Investment Closings as such interests, on a combined basis, can be
exchanged for Class A Common Stock. The Second Investment Closing was December 21, 2009. The Third
Investment Closing was March 2, 2010.
The contingent shares for the year ended December 31, 2008, relate to purchase price share adjustment of
28,235,294 million shares of Class A Common Stock and equity issuance to CW Investment Holdings of
588,235 shares of Class A Common Stock, all of which were issued in February of 2009.
We have calculated and presented basic and diluted net loss per share of Class A Common Stock. Class B
Common Stock net loss per share is not calculated since it does not contractually participate in distributions of
Clearwire. Prior to the Closing, we had no equity as we were a wholly-owned division of Sprint. As such, we did not
calculate or present net loss per share for the period from January 1, 2008 to November 28, 2008.
16. Business Segments
Information about operating segments is based on our internal organization and reporting of revenue and
operating income (loss) based upon internal accounting methods. Operating segments are defined as components of
an enterprise about which separate financial information is available that is evaluated regularly by the chief
operating decision maker, or decision making group, in deciding how to allocate resources and in assessing
performance. Our chief operating decision maker is our Chief Executive Officer. As of December 31, 2010, 2009
and 2008, we have identified two reportable segments: the United States and the international businesses.
We report business segment information as follows (in thousands):
United States International Total
Year Ended December 31, 2010
Revenues:
Retail revenue .............................. $ 480,761 $ 21,532 $ 502,293
Wholesale revenue ........................... 50,593 — 50,593
Other revenue .............................. 3,749 191 3,940
Total revenues ............................ 535,103 21,723 556,826
Cost of goods and services and network costs
(exclusive of items shown separately below) ...... 912,774 14,681 927,455
Operating expenses .......................... 1,327,565 50,573 1,378,138
Depreciation and amortization .................. 453,966 12,146 466,112
Total operating expenses..................... 2,694,305 77,400 2,771,705
Operating loss .............................. $(2,159,202) $(55,677) (2,214,879)
Other income (expense), net ..................... (88,371)
Income tax benefit............................. 156
Net loss .................................... (2,303,094)
Non-controlling interest ......................... 1,815,657
Net loss attributable to Clearwire ................ $ (487,437)
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CLEARWIRE CORPORATION AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)