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, | |||||||||||||||||||
| 2011 | 2010 | 2009 | 2008 | 2007 | |||||||||||||||
| Income (loss) from continuing operations attributable to CCIC stockholders | $ | 171,077 | $ | (310,940 | ) | $ | (114,332 | ) | $ | (48,858 | ) | $ | (222,813 | ) | |||||
| Dividends on preferred stock and losses on purchases of preferred stock | (22,940 | ) | (20,806 | ) | (20,806 | ) | (20,806 | ) | (20,805 | ) | |||||||||
| Income (loss) from continuing operations attributable to CCIC stockholders after deduction of dividends on preferred stock and losses on purchases of preferred stock for basic and diluted computations | 148,137 | (331,746 | ) | (135,138 | ) | (69,664 | ) | (243,618 | ) | ||||||||||
| Income (loss) from discontinued operations attributable to CCIC stockholders | — | — | — | — | — | ||||||||||||||
| Net income (loss) attributable to CCIC stockholders after deduction of dividends on preferred stock and losses on purchases of preferred stock for basic and diluted computations | $ | 148,137 | $ | (331,746 | ) | $ | (135,138 | ) | $ | (69,664 | ) | $ | (243,618 | ) | |||||
| Weighted-average number of common shares outstanding during the period for basic and diluted computations (in thousands) | 283,821 | 286,764 | 286,622 | 282,007 | 279,937 | ||||||||||||||
| Per common share-basic and diluted: | |||||||||||||||||||
| Income (loss) from continuing operations attributable to CCIC stockholders | $ | 0.52 | $ | (1.16 | ) | $ | (0.47 | ) | $ | (0.25 | ) | $ | (0.87 | ) | |||||
| Income (loss) from discontinued operations attributable to CCIC stockholders | — | — | — | — | — | ||||||||||||||
| Net income (loss) | $ | 0.52 | $ | (1.16 | ) | $ | (0.47 | ) | $ | (0.25 | ) | $ | (0.87 | ) | |||||