EX-11.0 6 dex110.txt STATEMENT RE COMPUTATION OF PER SHARE EARNINGS EXHIBIT 11.0 Pinnacle Entertainment, Inc. Computation of Per Share Earnings
For the three months ended June 30, ------------------------------------------------------------- Basic Diluted (a) ------------------------- --------------------------- 2001 2000 2001 2000 ------- -------- -------- -------- (in thousands, except per share data - unaudited) Average number of common shares outstanding 25,996 26,303 25,996 26,303 Average common shares due to assumed conversion of stock options 0 0 90 1,042 -------- -------- -------- -------- Total shares 25,996 26,303 26,086 27,345 ======== ======== ======== ======== Net (loss) income ($ 5,287) $ 26,232 ($ 5,287) $ 26,232 ======== ======== ======== ======== Net (loss) income per share ($ 0.20) $ 1.00 ($ 0.20) $ 0.96 ======== ======== ======== ======== For the six months ended June 30, ------------------------------------------------------------ Basic Diluted (a) -------------------------- -------------------------- 2001 2000 2001 2000 -------- -------- -------- -------- (in thousands, except per share data - unaudited) Average number of common shares outstanding 26,141 26,281 26,141 26,281 Average common shares due to assumed conversion of stock options 0 0 139 1,045 -------- -------- -------- -------- Total shares 26,141 26,281 26,280 27,326 ======== ======== ======== ======== Net (loss) income ($ 7,408) $ 48,144 ($ 7,408) $ 48,144 ======== ======== ======== ======== Net (loss) income per share ($ 0.28) $ 1.83 ($ 0.28) $ 1.76 ======== ======== ======== ========
---------- (a) When the computed diluted values are anti-dilutive, the basic per share values are presented on the face of the consolidated statements of operations.