Loss Per Share (Tables)

3 Months Ended

Mar. 31, 2012

Basic and Diluted Loss Per Common Share Available to IPG Common Stockholders

The following sets forth basic and diluted loss per common share available to IPG common stockholders.



	Three months ended March 31,
	2012			2011
Net loss available to IPG common stockholders	$	(45.9	)	$	(48.1	)
Weighted-average number of common shares outstanding - basic and diluted	437.6			476.0
Loss per share available to IPG common stockholders - basic and diluted	$	(0.10	)	$	(0.10	)

Potential Shares Excluded from Diluted Loss Per Share Calculation

The following table presents the potential shares excluded from the diluted loss per share calculation because the effect of including these potential shares would be antidilutive.



	Three months ended March 31,
	2012	2011
Restricted stock, stock options and other equity awards	6.3	13.3
4.75% Notes	16.5	16.1
4.25% Notes ¹	30.9	32.2
Preferred stock outstanding	16.7	16.2
Total	70.4	77.8

Securities excluded from the diluted loss per share calculation because the exercise price was greater than the average market price:
Stock options ²	7.2	8.1


¹	We retired all of our outstanding 4.25% Notes in March 2012. For purposes of calculating diluted loss per share, the potentially dilutive shares are pro-rated based on the period they were outstanding.


²	These options are outstanding at the end of the respective periods. In any period in which the exercise price is less than the average market price, these options have the potential to be dilutive, and application of the treasury stock method would reduce this amount.