CC Media Holdings, Inc. Just Filed Its Quarterly Report: COMPUTATION OF LOSS ...

COMPUTATION OF LOSS PER SHARE
(In thousands, except per share data)
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
 
2018
 
2017
 
2018
 
2017
NUMERATOR:
 
 
 
 
 
 
 
Net income (loss) attributable to the Company – common shares
$
70,078

 
$
(250,490
)
 
$
(416,815
)
 
$
(816,802
)
 
 
 
 
 
 
 
 
DENOMINATOR:
 

 
 

 
 

 
 

Weighted average common shares outstanding - basic
85,544

 
85,072

 
85,348

 
84,900

Weighted average common shares outstanding - diluted(1)
85,622

 
85,072

 
85,348

 
84,900

 
 
 
 
 
 
 
 
Net income (loss) attributable to the Company per common share:
 

 
 

 
 

 
 

Basic
$
0.82

 
$
(2.94
)
 
$
(4.88
)
 
$
(9.62
)
Diluted
$
0.82

 
$
(2.94
)
 
$
(4.88
)
 
$
(9.62
)
(1) 
Outstanding equity awards of 6.6 million and 8.5 million for the three months ended September 30, 2018 and 2017, respectively, and 7.6 million and 8.5 million for the nine months ended September 30, 2018 and 2017, respectively, were not included in the computation of diluted earnings per share because to do so would have been antidilutive.

The above information was disclosed in a filing to the SEC. To see the filing, click here.

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