Attached files

file filename
10-Q - 10-Q - iHeartMedia, Inc.ihm2016q2-10qdoc.htm
EX-32.2 - EXHIBIT 32.2 - iHeartMedia, Inc.ihm2016q2-exhibit322.htm
EX-32.1 - EXHIBIT 32.1 - iHeartMedia, Inc.ihm2016q2-exhibit321.htm
EX-31.2 - EXHIBIT 31.2 - iHeartMedia, Inc.ihm2016q2-exhibit312.htm
EX-31.1 - EXHIBIT 31.1 - iHeartMedia, Inc.ihm2016q2-exhibit311.htm


EXHIBIT 11 COMPUTATION OF LOSS PER SHARE

(In thousands, except per share data)
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
2016
 
2015
 
2016
 
2015
NUMERATOR:
 
 
 
 
 
 
 
Net loss attributable to the Company – common shares
$
(278,894
)
 
$
(54,466
)
 
$
(367,409
)
 
$
(439,432
)
Net loss attributable to the Company per common share – basic and diluted
$
(278,894
)
 
$
(54,466
)
 
$
(367,409
)
 
$
(439,432
)
 
 
 
 
 
 
 
 
DENOMINATOR:
 

 
 

 
 

 
 

Weighted average common shares outstanding - basic
84,469

 
84,238

 
84,439

 
84,178

Weighted average common shares outstanding - diluted(1)
84,469

 
84,238

 
84,439

 
84,178

 
 
 
 
 
 
 
 
Net loss attributable to the Company per common share:
 

 
 

 
 

 
 

Basic
$
(3.30
)
 
$
(0.65
)
 
$
(4.35
)
 
$
(5.22
)
Diluted
$
(3.30
)
 
$
(0.65
)
 
$
(4.35
)
 
$
(5.22
)

(1) 
Outstanding equity awards of 8.4 million and 6.2 million for the three months ended June 30, 2016 and 2015, respectively, and 8.4 million and 6.2 million for the six months ended June 30, 2016 and 2015, respectively, were not included in the computation of diluted earnings per share because to do so would have been antidilutive.