Per Share Information

3 Months Ended

Mar. 31, 2012

Per Share Information

Per Share Information

Per Share Information

Basic net income (loss) attributable to CCIC common stockholders, after deduction of dividends on preferred stock, per common share excludes dilution and is computed by dividing net income (loss) attributable to CCIC stockholders after deduction of dividends on preferred stock, by the weighted-average number of common shares outstanding during the period. Diluted net income (loss) attributable to CCIC common stockholders, after deduction of dividends on preferred stock, per common share is computed by dividing net income (loss) attributable to CCIC stockholders after deduction of dividends on preferred stock, by the weighted-average number of common shares outstanding during the period plus any potential dilutive common share equivalents as determined under the if-converted method. The Company's restricted stock awards are considered participating securities and may be included in the computation pursuant to the two-class method. However, the Company does not present the two-class method when there is no difference between the per share amount under the two-class method and the treasury stock method.

	Three Months Ended March 31,
	2012			2011
Net income (loss) attributable to CCIC stockholders	$	50,031		$	40,017
Dividends on preferred stock	(2,629		)	(5,201		)
Net income (loss) attributable to CCIC common stockholders after deduction of dividends on preferred stock for basic and diluted computations	$	47,402		$	34,816
Weighted-average number of common shares outstanding (in thousands):
Basic weighted-average number of common stock outstanding	284,913			286,998
Effect of assumed dilution from potential common shares relating to stock options and restricted stock awards	940			2,007
Diluted weighted-average number of common shares outstanding	285,853			289,005
Net income (loss) attributable to CCIC common stockholders after deduction of dividends on preferred stock, per common share:
Basic	$	0.17		$	0.12
Diluted	$	0.17		$	0.12

 For the three months ended March 31, 2012, 1.1 million restricted stock awards were excluded from the dilutive common shares because certain stock price hurdles would not have been achieved assuming that March 31, 2012 was the end of the contingency period. See note 12.