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Quarterly Financial Data
12 Months Ended
Dec. 31, 2011
Quarterly Financial Data [Abstract]  
Quarterly Financial Data
23. QUARTERLY FINANCIAL DATA (unaudited)

 

     Quarter Ended  
     December 31,     September 30,     June 30,     March 31,  
     2011     2011     2011     2011  
     (in thousands, except per share amounts)  

Revenues

   $ 183,819      $ 175,549      $ 171,053      $ 167,749   

Depreciation, accretion and amortization

   $ (79,441   $ (78,136   $ (76,691   $ (74,878

Operating income

   $ 31,980      $ 27,571      $ 27,209      $ 23,899   

Loss from extinguishment of debt, net

   $ —        $ —        $ —        $ (1,696

Net loss attributable to SBA Communications Corporation

   $ (29,081   $ (33,305   $ (29,819   $ (34,251

Net loss per share – basic and diluted

   $ (0.27   $ (0.30   $ (0.27   $ (0.30
     Quarter Ended  
     December 31,
2010
    September 30,
2010
    June 30,
2010
    March 31,
2010
 
     (in thousands, except per share amounts)  

Revenues

   $ 165,497      $ 158,642      $ 154,515      $ 147,965   

Depreciation, accretion and amortization

   $ (72,723   $ (69,727   $ (68,831   $ (67,446

Operating income

   $ 16,695      $ 20,668      $ 20,024      $ 16,886   

Loss from extinguishment of debt, net

   $ (6   $ (10   $ (48,932   $ (112

Net loss attributable to SBA Communications Corporation

   $ (39,161   $ (34,488   $ (83,699   $ (37,326

Net loss per share – basic and diluted

   $ (0.34   $ (0.30   $ (0.72   $ (0.32

Basic and diluted net loss per share is computed by dividing net income by the weighted average number of shares for the period. Potentially dilutive shares have been excluded from the computation of diluted loss per share as their impact would have been anti-dilutive.

Because loss per share amounts are calculated using the weighted average number of common and dilutive common shares outstanding during each quarter, the sum of the per share amounts for the four quarters may not equal the total loss per share amounts for the year.