EXHIBIT 11 – COMPUTATION OF INCOME (LOSS) PER SHARE

(In thousands, except per share data)

Three Months Ended

March 31,

2013

2012

NUMERATOR:

Net loss attributable to the Company – common shares

$

 (74,278) 

$

 (43,870) 

Less: Participating securities dividends

 2,566  

 7,475  

Less: Income (loss) attributable to the Company – unvested shares

 -  

 -  

Net loss attributable to the Company per common share – basic and diluted

$

 (76,844) 

$

 (51,345) 

DENOMINATOR:

Weighted average common shares outstanding – basic

 357,352  

 356,363  

Effect of dilutive securities:

Stock options and restricted stock ⁽¹⁾

 -  

 -  

Weighted average common shares outstanding – diluted

 357,352  

 356,363  

Net loss attributable to the Company per common share:

Basic

$

 (0.22) 

$

 (0.14) 

Diluted

$

 (0.22) 

$

 (0.14) 

⁽¹⁾     Equity awards of 9.2 million and 10.3 million were outstanding for the three months ended March 31, 2013 and 2012, respectively, but were not included in the computation of diluted earnings per share because to do so would have been antidilutive.