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- 10-K Annual report
- 4 Supplemental Indenture to the Indenture Dated As of August 16, 2005
- 4 Supplemental Indenture to the Indenture Dated As of August 16, 2005
- 4 Supplemental Indenture to the Indenture Dated As of August 16, 2005
- 4 Supplemental Indenture to the Indenture Dated As of August 17, 2006
- 4 Supplemental Indenture to the Indenture Dated As of August 17, 2006
- 4 Supplemental Indenture to the Indenture Dated As of August 17, 2006
- 4 Supplemental Indenture to the Indenture Dated As of October 11, 2007
- 4 Supplemental Indenture to the Indenture Dated As of October 11, 2007
- 4 Supplemental Indenture to the Indenture Dated As of October 11, 2007
- 4 Supplemental Indenture to the Indenture Dated As of March 27, 2009
- 4 Supplemental Indenture to the Indenture Dated As of March 27, 2009
- 4 Supplemental Indenture to the Indenture Dated As of March 27, 2009
- 4 Amendment NO.1, Dated August 27, 2010, to the Indenture Dated April 22, 2010
- 4 Supplemental Indenture to the Indenture Dated As of April 22, 2010
- 4 Supplemental Indenture to the Indenture Dated As of April 22, 2010
- 4 Supplemental Indenture to the Indenture Dated As of April 22, 2010
- 10 Joinder Agreement, Dated As of July 19, 2010, to the Credit Agreement
- 10 Joinder Agreement, Dated As of April 21, 2011, to the Credit Agreement
- 10 Joinder Agreement, Dated As of August 26, 2011, to the Credit Agreement
- 11 Statement Regarding Computation of Per Share Earnings for the Company
- 12 Statement Regarding Computation of Earnings to Fixed Charges for the Company
- 12 Statement Regarding Computation of Earnings to Fixed Charges for Lamar Media
- 21 Subsidiaries of the Company
- 23 Consent of KPMG LLP.
- 31 Certification of the Chief Executive Officer
- 31 Certification of the Chief Financial Officer
- 32 Certification Pursuant to Section 906
EXHIBIT 11(a)
Lamar Advertising Company and Subsidiaries Earnings Per Share Computation Information
Years ended December 31, 2011, 2010 and 2009
Year Ended December 31, 2011 | Year Ended December 31, 2010 | Year Ended December 31, 2009 | ||||||||||
Net income (loss) applicable to common stock | $ | 8,185,000 | $ | (40,467,000 | ) | $ | (58,403,000 | ) | ||||
Weighted average common shares outstanding | 92,851,067 | 92,261,157 | 91,730,109 | |||||||||
Shares issuable upon exercise of stock options | 322,718 | — | — | |||||||||
Incremental shares of convertible debt | — | — | — | |||||||||
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Weighted average common shares and common equivalents outstanding | 93,173,785 | 92,261,157 | 91,730,109 | |||||||||
Net income (loss) per common share basic and diluted | $ | 0.09 | $ | (0.44 | ) | $ | (0.64 | ) | ||||
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The above earnings per share (EPS) calculations are submitted in accordance with Statement of Financial Accounting Standards No. 128. An EPS calculation in accordance with Regulation S-K item 601 (b) (11) is not shown above for the years ended December 31, 2011, 2010 and 2009 because it produces an antidilutive result. The following information is disclosed for purposes of calculating antidilutive EPS for that period.
Year Ended December 31, 2011 | Year Ended December 31, 2010 | Year Ended December 31, 2009 | ||||||||||
Net income (loss) applicable to common stock | $ | 8,185,000 | $ | (40,467,000 | ) | $ | (58,403,000 | ) | ||||
Income impact of assumed conversions | — | 49,477 | 2,295,455 | |||||||||
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Income (loss) available to common shareholders plus assumed conversion | $ | 8,185,000 | $ | (40,417,523 | ) | $ | (56,107,545 | ) | ||||
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Weighted average common shares outstanding | 92,851,067 | 92,261,157 | 91,730,109 | |||||||||
Shares issuable upon exercise of stock options | 322,718 | 412,493 | 105,985 | |||||||||
Incremental shares from convertible debt | — | 53,327 | 2,474,107 | |||||||||
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Weighted average common shares plus dilutive potential common shares | 93,173,785 | 92,726,977 | 94,310,201 | |||||||||
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Net income (loss) per common share | $ | 0.09 | $ | (0.44 | ) | $ | (0.59 | ) | ||||
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