Sprint - Nextel 2010 Annual Report Download - page 132

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Net loss per share attributable to holders of Class A Common Stock on a diluted basis, assuming conversion of the
Clearwire Communications Class B Common Interests and Class B Common Stock and conversion of the Exchangeable Notes,
is calculated based on the following information (in thousands, except per share amounts):
Net loss attributable to Class A Common Stockholders
Non-controlling interests in net loss of consolidated subsidiaries
Tax adjustment resulting from dissolution of Clearwire Communications
Reversal of gain on Exchange Options and Exchangeable Notes interest
expense, upon exchange of notes
Net loss available to Class A Common Stockholders, assuming the exchange
of Class B to Class A Common Stock and conversion of the Exchangeable
Notes
Weighted average shares Class A Common Stock outstanding
Weighted average shares converted from Class B Common Stock outstanding
Weighted average shares converted from the Exchangeable Notes
Total weighted average shares Class A Common Stock outstanding (diluted)
Net loss per share
Year Ended
December 31,
2010
$(487,437)
(1,815,657)
(27,117)
(58,296)
$(2,388,507)
222,527
741,962
6,276
970,765
$(2.46)
Year Ended
December 31,
2009
$(335,073)
(928,264)
(27,356)
—
$(1,290,693)
194,696
546,375
—
741,071
$(1.74)
Period From
November 29,
2008 to
December 31,
2008
$(29,933)
(159,721)
(4,158)
—
$(193,812)
189,921
505,000
—
694,921
$(0.28)
Higher net loss per share on a diluted basis is due to the hypothetical loss of partnership status for Clearwire
Communications upon conversion of all Clearwire Communications Class B Common Interests and Class B Common Stock
and the conversion of the non-controlling interests discussed above as well as the hypothetical conversion of the Exchangeable
Notes.
The diluted weighted average shares did not include the effects of the following potential common shares as their
inclusion would have been antidilutive (in thousands):
Stock options
Restricted stock units
Warrants
Subscription rights
Contingent shares
Year Ended
December 31,
2010
18,380
12,414
17,806
22,657
1,519
72,776
Year Ended
December 31,
2009
22,154
9,488
17,806
—
12,747
62,195
Period From
November 29,
2008 to
December 31,
2008
19,317
3,054
17,806
—
28,824
69,001
Table of Contents CLEARWIRE CORPORATION AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS —(CONTINUED)
F-75