EX-11 3 exhibit11033117.htm EXHIBIT 11 Exhibit


Exhibit 11
Pinnacle Entertainment, Inc.
Computation of Earnings Per Share
(in thousands, except per share data)

 
For the three months ended March 31,
 
Basic
 
Diluted
 
2017
 
2016
 
2017
 
2016
Weighted average number of common shares outstanding
55,977

 
61,362

 
55,977

 
61,362

Potential dilution from share-based awards

 

 
4,907

 
2,209

Total shares
55,977

 
61,362

 
60,884

 
63,571

 
 
 
 
 
 
 
 
Income from continuing operations
$
17,208

 
$
40,893

 
$
17,208

 
$
40,893

Income from discontinued operations, net of income taxes

 
125

 

 
125

Net income
17,208

 
41,018

 
17,208

 
41,018

Less: Net loss attributable to non-controlling interest
9

 
8

 
9

 
8

Net income attributable to Pinnacle Entertainment, Inc.
$
17,217

 
$
41,026

 
$
17,217

 
$
41,026

 
 
 
 
 
 
 
 
Per share data:
 
 
 
 
 
 
 
Income from continuing operations
$
0.31

 
$
0.67

 
$
0.28

 
$
0.65

Income from discontinued operations, net of income taxes

 
0.00

 

 
0.00

Net income per common share
$
0.31

 
$
0.67

 
$
0.28

 
$
0.65