Per Share Information

6 Months Ended

Jun. 30, 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  June 30,					Six Months Ended June 30,
	2012		2011			2012			2011
Net income (loss) attributable to CCIC stockholders	$	116,013	$	30,871		$	166,044		$	70,888
Dividends on preferred stock	—		(5,202		)	(2,629		)	(10,403		)
Net income (loss) attributable to CCIC common stockholders after deduction of dividends on preferred stock for basic and diluted computations	$	116,013	$	25,669		$	163,415		$	60,485
Weighted-average number of common shares outstanding (in thousands):
Basic weighted-average number of common stock outstanding	290,649		285,280			287,781			286,139
Effect of assumed dilution from potential common shares relating to stock options and restricted stock awards	554		1,746			1,248			2,076
Diluted weighted-average number of common shares outstanding	291,203		287,026			289,029			288,215
Net income (loss) attributable to CCIC common stockholders after deduction of dividends on preferred stock, per common share:
Basic	$	0.40	$	0.09		$	0.57		$	0.21
Diluted	$	0.40	$	0.09		$	0.57		$	0.21

 For the three and six months ended June 30, 2012, 1.0 million restricted stock awards were excluded from the dilutive common shares because certain stock price hurdles would not have been achieved assuming that June 30, 2012 was the end of the contingency period. See note 12.