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Shareholders' Deficit
9 Months Ended
Sep. 30, 2015
Member's Interest
NOTE 6 – SHAREHOLDERS’ DEFICIT
The Company reports its noncontrolling interests in consolidated subsidiaries as a component of equity separate from the Company’s equity. The following table shows the changes in shareholders’ deficit attributable to the Company and the noncontrolling interests of subsidiaries in which the Company has a majority, but not total, ownership interest:
(In thousands)The CompanyNoncontrolling InterestsConsolidated
Balances as of January 1, 2015$ (9,889,348)$ 224,140 $ (9,665,208)
Net income (loss) (661,349) 13,932 (647,417)
Dividends and other payments to noncontrolling interests - (28,088) (28,088)
Purchase of additional noncontrolling interests (40,820) (1,978) (42,798)
Share-based compensation 1,873 6,045 7,918
Foreign currency translation adjustments (82,865) (19,118) (101,983)
Unrealized holding gain on marketable securities 484 56 540
Other adjustments to comprehensive loss (1,036) (118) (1,154)
Other, net (618) 4,772 4,154
Balances as of September 30, 2015$(10,673,679)$199,643 $(10,474,036)

(In thousands)The CompanyNoncontrolling InterestsConsolidated
Balances as of January 1, 2014$(8,942,166)$ 245,531 $(8,696,635)
Net income (loss) (725,672) 13,679 (711,993)
Dividends and other payments to noncontrolling interests - (32,581) (32,581)
Share-based compensation 2,352 5,712 8,064
Foreign currency translation adjustments (62,754) (14,758) (77,512)
Unrealized holding gain on marketable securities 533 72 605
Reclassifications 3,309 - 3,309
Other, net (864) 1,396 532
Balances as of September 30, 2014$ (9,725,262)$ 219,051 $ (9,506,211)

The Company and CCOH have granted restricted stock, restricted stock units and options to purchase shares of their Class A common stock to certain key individuals.

Stock Registration

On June 24, 2015, we registered 4,000,000 shares of the Company’s Class A common stock, par value $0.001 per share, for offer or sale under our 2015 Executive Long-Term Incentive Plan.

On July 27, 2015, the board of directors approved the issuance of 1,253,831 restricted shares to certain key individuals pursuant to our 2015 Executive Long-term Incentive Plan.