Sprint - Nextel 2008 Annual Report Download - page 105

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SPRINT NEXTEL CORPORATION
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Per Share Data
Basic loss per common share is calculated by dividing net loss by the weighted average number of
common shares outstanding during the period. Diluted earnings (loss) per common share adjusts basic earnings
(loss) per common share for the effects of potentially dilutive common shares, if the effect is not antidilutive.
Potentially dilutive common shares consist of 28 million, 130 million and 124 million average shares issuable
under our equity-based compensation plans as of December 31, 2009, 2008 and 2007, respectively, computed
using the treasury stock method. All such potentially dilutive shares were antidilutive for 2009, 2008 and 2007
and, therefore, have no effect on our determination of dilutive weighted average number of shares outstanding.
Note 15. Segments
Sprint operates two reportable segments: Wireless and Wireline.
‰Wireless primarily includes retail and wholesale revenue from a wide array of wireless mobile
telephone and wireless data transmission services and the sale of wireless devices and
accessories in the U.S., Puerto Rico and the U.S. Virgin Islands.
‰Wireline primarily includes revenue from domestic and international wireline voice and data
communication services, including services to the cable multiple systems operators that resell
our local and long distance service and use our back office systems and network assets in
support of their telephone services provided over cable facilities.
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