EXHIBIT 11
PAGE 1 OF 2
ECHOSTAR COMMUNICATIONS CORPORATION AND SUBSIDIARIES
COMPUTATION OF EARNINGS PER SHARE
(IN THOUSANDS, EXCEPT PER SHARE DATA)
(UNAUDITED)
PRIMARY EARNINGS PER SHARE CALCULATIONS
Three Months Ended Nine Months Ended
September 30, September 30,
-------------------------- --------------------------
1995 1996 1995 1996
----------- ------------ ----------- ------------
(RESTATED) (RESTATED)
INCOME DATA:
Net loss................................. $ (360) $(26,518) $(4,387) $(56,293)
Preferred stock dividends................ (301) (301) (903) (903)
------- -------- ------- -------
Net loss attributable to common shares... $ (661) $(26,819) $(5,290) $(57,196)
------- -------- ------- -------
------- -------- ------- -------
COMMON AND COMMON EQUIVALENT SHARES:
Weighted average common shares .......... 37,544 40,456 34,965 40,455
Equivalent common shares from warrants... -- (a) -- (a) -- (a) -- (a)
Equivalent common shares from
stock options........................... -- (a) -- (a) -- (a) -- (a)
------- -------- ------- -------
Common and common equivalent shares...... 37,544 40,456 34,965 40,455
------- -------- ------- -------
------- -------- ------- -------
EARNINGS PER COMMON SHARE:
Net loss per common and common
equivalent shares....................... $ (.02) $ (.66) $ (.15) $ (1.41)
------- -------- ------- -------
------- -------- ------- -------
(a) Excludes common stock equivalents which are antidilutive.
EXHIBIT 11
PAGE 2 OF 2
ECHOSTAR COMMUNICATIONS CORPORATION AND SUBSIDIARIES
COMPUTATION OF EARNINGS PER SHARE
(IN THOUSANDS, EXCEPT PER SHARE DATA)
(UNAUDITED)
FULLY DILUTED EARNINGS PER SHARE CALCULATIONS
Three Months Ended Nine Months Ended
September 30, September 30,
-------------------------- --------------------------
1995 1996 1995 1996
----------- ------------ ----------- ------------
(RESTATED) (RESTATED)
INCOME DATA:
Net loss attributable to common shares... $ (661) $(26,819) $(5,290) $(57,196)
------- -------- ------- -------
------- -------- ------- -------
COMMON AND COMMON EQUIVALENT SHARES:
Weighted average common shares........... 37,544 40,456 34,965 40,455
Equivalent common shares from warrants... -- (a) -- (a) -- (a) -- (a)
Equivalent common shares from
stock options........................... -- (a) -- (a) -- (a) -- (a)
Weighted average common shares from
conversion of preferred stock........... -- (a) -- (a) -- (a) -- (a)
------- -------- ------- -------
Common and common equivalent shares...... 37,544 40,456 34,965 40,455
------- -------- ------- -------
------- -------- ------- -------
EARNINGS PER COMMON SHARE:
Net loss per common and common
equivalent shares....................... $ (.02) $ (.66) $ (.15) $ (1.41)
------- -------- ------- -------
------- -------- ------- -------
(a) Excludes common stock equivalents and convertible preferred stock which
are antidilutive.