EX-11 4 exhibit11.htm EXHIBIT 11 WebFilings | EDGAR view
 

Exhibit 11
Pinnacle Entertainment, Inc.
Computation of Earnings Per Share
 
 
 
For the three months ended March 31,
 
 
Basic
 
 
Diluted (a)
 
 
2011
 
 
2010
 
 
2011
 
 
2010
 
Average number of common shares outstanding
61,824
 
 
60,107
 
 
61,824
 
 
60,107
 
Average common shares due to assumed conversion of stock options
—
 
 
—
 
 
560
 
 
829
 
Total shares
61,824
 
 
60,107
 
 
62,384
 
 
60,936
 
 
 
 
 
 
 
 
 
 
 
 
 
Income (loss) from continuing operations, net
$
4,600
 
 
$
901
 
 
$
4,600
 
 
$
901
 
Income (loss) from discontinued operations, net
(2,239
)
 
35,842
 
 
(2,239
)
 
35,842
 
Net income
$
2,361
 
 
$
36,743
 
 
$
2,361
 
 
$
36,743
 
 
 
 
 
 
 
 
 
 
 
 
 
Per share data:
 
 
 
 
 
 
 
Income (loss) from continuing operations, net
$
0.07
 
 
$
0.01
 
 
$
0.07
 
 
$
0.01
 
Income (loss) from discontinued operations, net
(0.03
)
 
0.60
 
 
(0.03
)
 
0.59
 
Net income per share
$
0.04
 
 
$
0.61
 
 
$
0.04
 
 
$
0.60
 
 
(a)    When the computed diluted values are antidilutive, the basic per share values are presented on the face of the Consolidated Income Statements.