XO Communications 2010 Annual Report Download - page 37

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(b) 2010 included $0.03 per share from the $5.4 million gain related to the settlement agreement associated
with our holding of Global Crossing debt securities and $(0.11) per share from the $20.0 million
impairment charge related to our LMDS licenses. 2009 included $0.29 per share from the $53.3 million
gain of the sale of marketable securities and $(0.05) per share from the $8.2 million impairment charge
related to our LMDS licenses. 2008 included $0.20 per share from the settlement of litigation related to
our holding of Allegiance debt securities, partially offset by a $0.11 per share non-cash impairment of
marketable securities. 2007 included $0.12 per share from settlements of legal matters related to our
holding of Global Crossing debt securities.
(c) 2010 included a $5.4 million gain related to the settlement agreement associated with our holding of
Global Crossing debt securities. 2009 included investment gains of $53.3 million related to the sale of
marketable securities and $5.8 million related to the settlement agreement associated with the Company’s
holding of Global Crossing debt securities. 2008 included $137.2 million of payments for marketable
securities purchases, partially offset by $57.4 million received from the settlement of litigation related to
our holding of Allegiance debt securities. 2007 and 2006 included $21.5 million and $12.7 million,
respectively, of investment income from settlements of legal matters related to our holding of Global
Crossing debt securities.
(d) 2010 included the Company’s redemption of the remaining shares of Class A preferred stock at an
aggregate redemption price of $258.9 million. 2009 included the Company’s redemption and retirement
of 304,314 shares of Class A preferred stock at an aggregate purchase price of approximately
$18.4 million.
(e) 2008 included proceeds of $75.0 million from the issuance of a promissory note to a related party.
Subsequently, in 2008, 0.8 million shares of Class B convertible preferred stock and Class C perpetual
preferred stock were issued to affiliates of the Chairman resulting in repayment of all our promissory note
and credit facility and net cash provided by financing activities of $307.0 million.
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