Sprint - Nextel 2010 Annual Report Download - page 133

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The contingent shares for the year ended December 31, 2010 relate to Clearwire Communications Class B Common
Interests and Clearwire Communications voting interests that were issued to Participating Equityholders upon the Third
Investment Closing, as such interests can be exchanged for Class A Common Stock.
The contingent shares for the year ended December 31, 2009, primarily relate to Clearwire Communications Class B
Common Interests and Clearwire Communications voting interests that were to be issued to Participating Equityholders upon
the Second and Third Investment Closings as such interests, on a combined basis, can be exchanged for Class A Common
Stock. The Second Investment Closing was December 21, 2009. The Third Investment Closing was March 2, 2010.
The contingent shares for the year ended December 31, 2008, relate to purchase price share adjustment of
28,235,294 million shares of Class A Common Stock and equity issuance to CW Investment Holdings of 588,235 shares of
Class A Common Stock, all of which were issued in February of 2009.
We have calculated and presented basic and diluted net loss per share of Class A Common Stock. Class B Common Stock
net loss per share is not calculated since it does not contractually participate in distributions of Clearwire. Prior to the Closing,
we had no equity as we were a wholly-owned division of Sprint. As such, we did not calculate or present net loss per share for
the period from January 1, 2008 to November 28, 2008.
16. Business Segments
Information about operating segments is based on our internal organization and reporting of revenue and operating
income (loss) based upon internal accounting methods. Operating segments are defined as components of an enterprise about
which separate financial information is available that is evaluated regularly by the chief operating decision maker, or decision
making group, in deciding how to allocate resources and in assessing performance. Our chief operating decision maker is our
Chief Executive Officer. As of December 31, 2010, 2009 and 2008, we have identified two reportable segments: the United
States and the international businesses.
We report business segment information as follows (in thousands):
Revenues:
Retail revenue
Wholesale revenue
Other revenue
Total revenues
Cost of goods and services and network costs (exclusive of items shown
separately below)
Operating expenses
Depreciation and amortization
Total operating expenses
Operating loss
Other income (expense), net
Income tax benefit
Net loss
Non-controlling interest
Net loss attributable to Clearwire
Year Ended December 31, 2010
United States
$ 480,761
50,593
3,749
535,103
912,774
1,327,565
453,966
2,694,305
$(2,159,202)
International
$ 21,532
—
191
21,723
14,681
50,573
12,146
77,400
$(55,677)
Total
$ 502,293
50,593
3,940
556,826
927,455
1,378,138
466,112
2,771,705
(2,214,879)
(88,371)
156
(2,303,094)
1,815,657
$(487,437)
Table of Contents CLEARWIRE CORPORATION AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS —(CONTINUED)
F-76