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Previous: METROMEDIA INTERNATIONAL GROUP INC, 10-Q, 2000-08-10 |
Next: METROMEDIA INTERNATIONAL GROUP INC, 10-Q, EX-27, 2000-08-10 |
<PAGE>
EXHIBIT 11
METROMEDIA INTERNATIONAL GROUP, INC.
COMPUTATION OF EARNINGS PER SHARE
(IN THOUSANDS, EXCEPT PER SHARE AMOUNTS)
<TABLE>
<CAPTION>
THREE MONTHS ENDED JUNE 30,
---------------------------------
2000 1999
------------ ------------
<S> <C> <C>
Loss per common share-Basic (A):
Net loss $ (16,602) $ (11,607)
Cumulative convertible preferred stock dividend requirement (3,752) (3,752)
------------ ------------
Net loss attributable to common stock shareholders $ (20,354) $ (15,359)
============ ============
Weighted average common stock shares outstanding during the period 94,034 69,151
============ ============
Loss per common share-Basic:
Net loss attributable to common stock shareholders $ (0.22) $ (0.22)
============ ============
</TABLE>
<TABLE>
<CAPTION>
SIX MONTHS ENDED JUNE 30,
---------------------------------
2000 1999
------------ ------------
<S> <C> <C>
Loss per common share-Basic (A):
Net loss $ (33,133) $ (22,877)
Cumulative convertible preferred stock dividend requirement (7,504) (7,504)
------------ ------------
Net loss attributable to common stock shareholders $ (40,637) $ (30,381)
============ ============
Weighted average common stock shares outstanding during the period 93,921 69,137
============ ============
Loss per common share-Basic:
Net loss attributable to common stock shareholders $ (0.43) $ (0.44)
============ ============
-----------
</TABLE>
(A) In calculating diluted earnings per share, no potential shares of common
stock are to be included in the computation of diluted earnings per share
if they would have an antidilutive effect on earnings per share. For the
three and six months ended June 30, 2000 and 1999, the Company has not
included diluted earnings per share since the calculation is antidilutive.
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