EXHIBIT 11
CROWN CASTLE INTERNATIONAL CORP.
COMPUTATION OF NET INCOME (LOSS)
PER COMMON SHARE
(IN THOUSANDS OF DOLLARS, EXCEPT PER SHARE AMOUNTS)
 
 
Years Ended December 31,
 
2013
 
2012
 
2011
 
2010
 
2009
Net Income (loss) attributable to CCIC stockholders
$
90,111

 
$
188,584

 
$
171,077

 
$
(310,940
)
 
$
(114,332
)
Dividends on preferred stock and losses on purchases of preferred stock
(11,363
)
 
(2,629
)
 
(22,940
)
 
(20,806
)
 
(20,806
)
Net Income (loss) attributable to CCIC common stockholders
78,748

 
185,955

 
148,137

 
(331,746
)
 
(135,138
)
Weighted-average number of common shares outstanding (in thousands):
 
 
 
 
 
 
 
 
 
Basic weighted-average number of common shares outstanding
298,083

 
289,285

 
283,821

 
286,764

 
286,622

Effect of assumed dilution from potential common shares relating to stock options and restricted stock awards
1,210

 
1,985

 
2,126

 
—

 
—

Diluted weighted-average number of common shares outstanding
299,293

 
291,270

 
285,947

 
286,764

 
286,622

Net Income (loss) attributable to CCIC common stockholders, per common share:
 
 
 
 
 
 
 
 
 
Basic
$
0.26

 
$
0.64

 
$
0.52

 
$
(1.16
)
 
$
(0.47
)
Diluted
$
0.26

 
$
0.64

 
$
0.52

 
$
(1.16
)
 
$
(0.47
)