Per Share Information. Per share information is based on the weighted-average number of common shares outstanding during each period for the basic computation and, if dilutive, the weighted-average number of potential common shares resulting from the assumed conversion of outstanding stock options, warrants and convertible preferred stock for the diluted computation. CROWN CASTLE INTERNATIONAL CORP. AND SUBSIDIARIES CONDENSED NOTES TO CONSOLIDATED FINANCIAL STATEMENTS--(Continued) A reconciliation of the numerators and denominators of the basic and diluted per share computations is as follows: Three Months Ended March 31, ------------------ 2000 2001 -------- -------- (In thousands of dollars, except per share amounts) Loss before extraordinary item......................... $(32,060) $(68,055) Dividends on preferred stock........................... (11,493) (19,505) Loss before extraordinary item applicable to common -------- -------- stock for basic and diluted computations.............. (43,553) (87,560) Extraordinary item..................................... (1,495) -- Net loss applicable to common stock for basic and -------- -------- diluted computations.................................. $(45,048) $(87,560) ======== ======== Weighted-average number of common shares outstanding during the period for basic and diluted computations Per common share--basic and diluted: Loss before extraordinary item....................... $ (0.27) $ (0.41) Extraordinary item................................... (0.01) -- -------- -------- Net loss............................................. $ (0.28) $ (0.41) ======== ======== The calculations of common shares outstanding for the diluted computations exclude the following potential common shares as of March 31, 2001: (1) options to purchase 21,394,339 shares of common stock at exercise prices ranging from $-0- to $39.75 per share, (2) warrants to purchase 639,990 shares of common stock at an exercise price of $7.50 per share, (3) warrants to purchase 1,000,000 shares of common stock at an exercise price of $26.875 per share, (4) shares of the Company's 8 1/4% Cumulative Convertible Redeemable Preferred Stock which are convertible into 7,441,860 shares of common stock and (5) shares of the Company's 6.25% Convertible Preferred Stock which are convertible into 10,915,254 shares of common stock. The inclusion of such potential common shares in the diluted per share computations would be antidilutive since the Company incurred net losses for all periods presented.
Appears in 1 contract
Samples: Quarterly Report
Per Share Information. Per share information is based on the weighted-average number of common shares outstanding during each period for the basic computation and, if dilutive, the weighted-average number of potential common shares resulting from the assumed conversion of outstanding stock options, warrants and convertible preferred stock for the diluted computation. CROWN CASTLE INTERNATIONAL CORP. AND SUBSIDIARIES CONDENSED NOTES TO CONSOLIDATED FINANCIAL STATEMENTS--(Continued) A reconciliation of the numerators and denominators of the basic and diluted per share computations is as follows: Three Months Ended March 31Nine Months Ended September 30, September 30, ------------------ ------------------- 1999 2000 2001 1999 2000 -------- -------- --------- (In thousands of dollars, except per share amounts) Loss before extraordinary item......................... $(32,060) $(68,055) Dividends on preferred stock........................... (11,493) (19,505) item and cumulative effect of change in Loss before extraordinary item and cumulative effect of change in accounting principle applicable to common -------- -------- stock for basic and diluted -------- -------- -------- --------- computations.............. ......................... (43,55333,891) (87,56069,318) (81,236) (183,826) Extraordinary item..................................... .................... -- -- -- (1,495) Cumulative effect of change in accounting principle................. -- -- (2,414) -- Net loss applicable to common stock -------- -------- -------- --------- for basic and -------- -------- diluted computations.................................. ... $(45,04833,891) $(87,56069,318) $(83,650) $(185,321) ======== ======== ======== ========= Weighted-average number of common shares outstanding during the period for basic and diluted computations Per common share--basic and diluted: :.. Loss before extraordinary item....................... item and cumulative effect of change in accounting principle............... $ (0.270.23) $ (0.410.36) $ (0.66) $ (1.07) Extraordinary item................................... .................. -- -- -- (0.01) Cumulative effect of change in accounting principle............... -- -- (0.02) -- -------- -------- -------- --------- Net loss............................................. ............................ $ (0.280.23) $ (0.410.36) $ (0.68) $ (1.08) ======== ======== ======== ========= The calculations of common shares outstanding for the diluted computations exclude the following potential common shares as of March 31September 30, 20012000: (1) options to purchase 21,394,339 20,900,261 shares of common stock at exercise prices ranging from $-0- to $39.75 39.50 per share, (2) warrants to purchase 639,990 shares of common stock at an exercise price of $7.50 per share, (3) warrants to purchase 1,000,000 shares of common stock at an exercise price of $26.875 per share, (4) shares of the Company's 8 1/4% Cumulative Convertible Redeemable Preferred Stock which are convertible into 7,441,860 shares of common stock and (5) shares of the Company's 6.25% Convertible Preferred Stock which are convertible into 10,915,254 shares of common stock. The inclusion of such potential common shares in the diluted per share computations would be antidilutive since the Company incurred net losses for all periods presented.
Appears in 1 contract
Samples: Quarterly Report
Per Share Information. Per share information is based on the weighted-average number of common shares outstanding during each period for the basic computation and, if dilutive, the weighted-average number of potential common shares resulting from the assumed conversion of outstanding stock options, warrants and convertible preferred stock for the diluted computation. CROWN CASTLE INTERNATIONAL CORP. AND SUBSIDIARIES CONDENSED NOTES TO CONSOLIDATED FINANCIAL STATEMENTS--(Continued) A reconciliation of the numerators and denominators of the basic and diluted per share computations is as follows: Three Months Ended March 31Nine Months Ended September 30, ------------------ September 30, ------------------- -------------------- 2000 2001 -------- -------- 2000 2001 --------- --------- --------- (In thousands of dollars, except per share amounts) Loss before extraordinary item......................... ..... $(32,06052,965) $(68,055110,330) $(144,255) $(263,118) Dividends on preferred stock........................... ....... (11,49316,353) (19,50519,000) (39,571) (58,770) Loss before extraordinary item applicable to common -------- -------- stock for -------- --------- --------- --------- basic and diluted computations.............. .... (43,55369,318) (87,560129,330) (183,826) (321,888) Extraordinary item..................................... ................. -- -- (1,495) -- Net loss applicable to common stock for basic and diluted -------- -------- diluted --------- --------- --------- computations.................................. ...................... $(45,04869,318) $(87,560129,330) $(185,321) $(321,888) ======== ========= ========= ========= Weighted-average number of common shares outstanding during the period for basic and diluted computations Per common share--share -- basic and diluted: Loss before extraordinary item....................... ... $ (0.270.36) $ (0.410.60) $ (1.07) $ (1.51) Extraordinary item................................... ............... -- -- (0.01) -- -------- -------- --------- --------- --------- Net loss............................................. ......................... $ (0.280.36) $ (0.410.60) $ (1.08) $ (1.51) ======== ========= ========= ========= The calculations of common shares outstanding for the diluted computations exclude the following potential common shares as of March 31September 30, 2001: (1) options to purchase 21,394,339 22,199,804 shares of common stock at exercise prices ranging from $-0- to $39.75 per share, (2) warrants to purchase 639,990 shares of common stock at an exercise price of $7.50 per share, (3) warrants to purchase 1,000,000 shares of common stock at an exercise price of $26.875 per share, (4) shares of the Company's 8 1/4% Cumulative Convertible Redeemable Preferred Stock which are convertible into 7,441,860 shares of common stock and (5) shares of the Company's 6.25% Convertible Preferred Stock which are convertible into 10,915,254 shares of common stock. The inclusion of such potential common shares in the diluted per share computations would be antidilutive since the Company incurred net losses for all periods presented.
Appears in 1 contract
Samples: Quarterly Report
Per Share Information. Per share information is based on the weighted-average number of common shares outstanding during each period for the basic computation and, if dilutive, the weighted-average number of potential common shares resulting from the assumed conversion of outstanding stock options, warrants and convertible preferred stock for the diluted computation. CROWN CASTLE INTERNATIONAL CORP. AND SUBSIDIARIES CONDENSED NOTES TO CONSOLIDATED FINANCIAL STATEMENTS--(Continued) A reconciliation of the numerators and denominators of the basic and diluted per share computations is as follows: Three Months Six Months Ended March 31Ended June 30, June 30, ------------------ ------------------- 1999 2000 2001 1999 2000 -------- -------- --------- (In thousands of dollars, except per share amounts) Loss before extraordinary item......................... $(32,060) $(68,055) Dividends on preferred stock........................... (11,493) (19,505) item and cumulative effect of change in Loss before extraordinary item and cumulative effect of change in accounting principle applicable to common -------- -------- stock for basic and diluted -------- -------- -------- --------- computations.............. ......................... (43,55327,464) (87,56070,955) (47,345) (114,508) Extraordinary item..................................... .................... -- -- -- (1,495) Cumulative effect of change in accounting principle................. -- -- (2,414) -- Net loss applicable to common stock -------- -------- -------- --------- for basic and -------- -------- diluted computations.................................. ... $(45,04827,464) $(87,56070,955) $(49,759) $(116,003) ======== ======== ======== ========= Weighted-average number of common shares outstanding during the period for basic and diluted computations Per common share--basic and diluted: :.. Loss before extraordinary item....................... item and cumulative effect of change in accounting principle............... $ (0.270.22) $ (0.410.43) $ (0.43) $ (0.71) Extraordinary item................................... .................. -- -- -- (0.01) Cumulative effect of change in accounting principle............... -- -- (0.02) -- -------- -------- --------- Net loss............................................. ............................ $ (0.280.22) $ (0.410.43) $ (0.45) $ (0.72) ======== ======== ======== ========= The calculations of common shares outstanding for the diluted computations exclude the following potential common shares as of March 31June 30, 20012000: (1) options to purchase 21,394,339 19,727,925 shares of common stock at exercise prices ranging from $-0- to $39.75 34.00 per share, (2) warrants to purchase 639,990 835,990 shares of common stock at an exercise price of $7.50 per share, (3) warrants to purchase 1,000,000 shares of common stock at an exercise price of $26.875 per share, (4) shares of the Company's 8 1/4% Cumulative Convertible Redeemable Preferred Stock which are convertible into 7,441,860 shares of common stock and (5) shares of the Company's 6.25% Convertible Preferred Stock which are convertible into 10,915,254 shares of common stock. The inclusion of such potential common shares in the diluted per share computations would be antidilutive since the Company incurred net losses for all periods presented.,
Appears in 1 contract
Samples: Quarterly Report
Per Share Information. Per share information is based on the weighted-average number of common shares outstanding during each period for the basic computation and, if dilutive, the weighted-average number of potential common shares resulting from the assumed conversion of outstanding stock options, warrants and convertible preferred stock for the diluted computation. CROWN CASTLE INTERNATIONAL CORP. AND SUBSIDIARIES CONDENSED NOTES TO CONSOLIDATED FINANCIAL STATEMENTS--(Continued) A reconciliation of the numerators and denominators of the basic and diluted per share computations is as follows: Three Months Ended March 31, ------------------ 2000 ------------------- 2001 2002 -------- -------- --------- (In thousands of dollars, except per share amounts) Loss before extraordinary item......................... Net loss................................................. $(32,06068,055) $(68,055103,393) Dividends on preferred stock........................... (11,493) ............................. (19,505) Loss before extraordinary item applicable to common -------- -------- stock for basic and diluted computations.............. (43,55320,105) (87,560) Extraordinary item..................................... (1,495) -- Net loss applicable to common stock for basic and diluted -------- -------- diluted --------- computations.................................. ............................................ $(45,04887,560) $(87,560123,498) ======== ========= Weighted-average number of common shares outstanding during the period for basic and diluted computations Per (in Loss per common share--basic and diluted: Loss before extraordinary item....................... $ (0.27) ................. $ (0.41) Extraordinary item................................... (0.01) -- -------- -------- Net loss............................................. $ (0.28) $ (0.410.56) ======== ========= The calculations of common shares outstanding for the diluted computations exclude the following potential common shares as of March 31, 20012002: (1) options to purchase 21,394,339 23,775,862 shares of common stock at exercise prices ranging from $-0- to $39.75 per share, (2) warrants to purchase 639,990 shares of common stock at an exercise price of $7.50 per share, (3) warrants to purchase 1,000,000 shares of common stock at an exercise price of $26.875 per share, (4) shares of the Company's 8 1/4% Cumulative Convertible Redeemable Preferred Stock which are convertible into 7,441,860 shares of common stock and (5) shares of the Company's 6.25% Convertible Preferred Stock which are convertible into 10,915,254 shares of common stock. The inclusion of such potential common shares in the diluted per share computations would be antidilutive since the Company incurred net losses for all periods presented.
Appears in 1 contract
Samples: Quarterly Report