EX-11 2 a2036115zex-11.txt EXHIBIT 11 Exhibit 11 HISPANIC BROADCASTING CORPORATION AND SUBSIDIARIES STATEMENT REGARDING COMPUTATION OF PER SHARE EARNINGS (in thousands except per share data)
Three Months Year Ended December 31, Ended Year Ended ----------------------------------------- December 31 September 30, 2000 1999 1998 1997 1996 1996 -------- -------- -------- -------- ----------- ------------ EARNINGS: Income (loss) from continuing operations $ 41,531 $ 34,176 $ 26,884 $ 18,772 $ 2,064 $(29,157) Preferred stock dividends - - - - - 23 -------- -------- -------- -------- -------- -------- Net income (loss) applicable to common stockholders $ 41,531 $ 34,176 $ 26,884 $ 18,772 $ 2,064 $(29,180) ======== ======== ======== ======== ======== ======== BASIC EARNINGS PER SHARE: Continuing operations $ 0.38 $ 0.34 $ 0.27 $ 0.23 $ 0.04 $ (0.71) Discontinued operations - - - - - (0.24) Extraordinary loss - - - - - (0.18) -------- -------- -------- -------- -------- -------- Net income (loss) per share $ 0.38 $ 0.34 $ 0.27 $ 0.23 $ 0.04 $ (1.13) ======== ======== ======== ======== ======== ======== DILUTED EARNINGS PER SHARE: Continuing operations $ 0.38 $ 0.33 $ 0.27 $ 0.22 $ 0.04 $ (0.71) Discontinued operations - - - - - (0.24) Extraordinary loss - - - - - (0.18) -------- -------- -------- -------- -------- -------- Net income (loss) per share $ 0.38 $ 0.33 $ 0.27 $ 0.22 $ 0.04 $ (1.13) ======== ======== ======== ======== ======== ======== NUMBER OF SHARES ON WHICH NET INCOME (LOSS) PER SHARE IS BASED: Weighted average common shares before dilutive effect of common stock equivalents 108,858 101,566 98,042 83,342 46,191 41,180 Common stock equivalents: Stock options 1,514 1,347 635 242 - - Employee Stock Purchase Plan 16 14 18 - - - -------- -------- -------- -------- -------- -------- Weighted average common shares 110,388 102,927 98,695 83,584 46,191 41,180 ======== ======== ======== ======== ======== ========