iHeartMedia 2009 Annual Report Download - page 183
Download and view the complete annual report
Please find page 183 of the 2009 iHeartMedia annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154
-
155
-
156
-
157
-
158
-
159
-
160
-
161
-
162
-
163
-
164
-
165
-
166
-
167
-
168
-
169
-
170
-
171
-
172
-
173 -
174 -
175 -
176 -
177 -
178 -
179 -
180 -
181 -
182 -
183 -
184 -
185 -
186 -
187 -
188
 |
 |
EXHIBIT 11 – Computation of Per Share Earnings (Loss)
(In thousands, exce
p
t
p
er share data)
Pre-Merger
Period from
January 1
through July 30,
2008
Year ended
December 31,
2007
NUMERATOR:
Income (loss) before discontinued operations attributable
to the Company – common shares
$ 1,036,525
$ 938,507
Less: Income (loss) from discontinued operations, ne
t
640,236
145,833
Net income (loss) from continuing operations
attributable to the Company
396,289
792,674
Less: Income (loss) before discontinued operations
attributable to the Company – unvested shares
2,333
4,786
Net income (loss) before discontinued operations
attributable to the Company per common share –
basic and diluted
$ 393,956
$ 787,888
DENOMINATOR:
Weighted average common shares - basic
495,044
494,347
Effect of dilutive securities:
Stock options and common stock warrants (1)
1,475
1,437
Denominator for net income (loss) per common share -
diluted
496,519
495,784
Net income (loss) per common share:
Income (loss) attributable to the Company before
discontinued operations - basic
$.80
$1.59
Discontinued operations - basic
1.29
.30
Net income (loss) attributable to the Company - basic
$2.09
$1.89
Income (loss) attributable to the Company before
discontinued operations - diluted
$ .80
$1.59
Discontinued operations - diluted
1.29
.29
Net income (loss) attributable to the Company - diluted
$2.09
$1.88
(1) 7.6 million and 22.2 million stock options were outstanding at July 30, 2008 and December 31, 2007 that were not
included in the computation of diluted earnings per share because to do so would have been anti-dilutive as the respective
options’ strike price was greater than the current market price of the shares.