EX-11.1 3 dex111.txt COMPUTATION OF NET LOSS EXHIBIT 11.1 CROWN CASTLE INTERNATIONAL CORP. COMPUTATION OF NET LOSS PER COMMON SHARE (IN THOUSANDS OF DOLLARS, EXCEPT PER SHARE AMOUNTS)
THREE MONTHS NINE MONTHS ENDED SEPTEMBER 30, ENDED SEPTEMBER 30, -------------------- --------------------- 2000 2001 2000 2001 -------- -------- -------- --------- Loss before extraordinary item ............... $(52,965) $(110,330) $(144,255) $(263,118) Dividends on preferred stock.................. (16,353) (19,000) (39,571) (58,770) -------- --------- --------- --------- Loss before extraordinary item applicable to common stock for basic and diluted computations................................. (69,318) (129,330) (183,826) (321,888) Extraordinary item............................ -- -- (1,495) -- -------- --------- --------- --------- Net loss applicable to common stock for basic and diluted computations..................... $(69,318) $(129,330) $(185,321) $(321,888) ======== ========= ========= ========= Weighted-average number of common shares outstanding during the period for basic and diluted computations (in thousands).......... 191,763 214,986 171,985 213,413 ======== ========= ========= ========= Per common share--basic and diluted: Loss before extraordinary item.............. $ (0.36) $ (0.60) $ (1.07) $ (1.51) Extraordinary item............................ -- -- (0.01) -- -------- --------- -------- --------- Net loss................................... $ (0.36) $ (0.60) $ (1.08) $ (1.51) ======== ========= ======== =========