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Segment Information
 6 Months Ended
Jun. 30, 2021
Segment Reporting [Abstract]  
Segment Information Segment Information
The Company classifies its operations into two operating segments: Domestic Operations and International and Other. These operating segments represent strategic business units that are managed separately.
The Company evaluates segment performance based on several factors, of which the primary financial measure is operating segment adjusted operating income ("AOI"), a non-GAAP measure. The Company defines AOI as operating income (loss) before depreciation and amortization, cloud computing amortization, share-based compensation expense or benefit, impairment and other charges (including gains or losses on sales or dispositions of businesses), restructuring and other related charges and including the Company’s proportionate share of adjusted operating income (loss) from majority-owned equity method investees. The Company has presented the components that reconcile adjusted operating income to operating income, an accepted GAAP measure, and other information as to the continuing operations of the Company's operating segments below.
(In thousands)Three Months Ended June 30, 2021
Domestic OperationsInternational
and Other		Corporate / Inter-segment
Eliminations		Consolidated
Revenues, net
Advertising$212,282 $25,967 $— $238,249 
Distribution and other426,733 112,310 (5,900)533,143 
Consolidated revenues, net$639,015 $138,277 $(5,900)$771,392 
Operating income (loss)$88,116 $19,963 $(39,823)$68,256 
Share-based compensation expense7,292 913 8,057 16,262 
Depreciation and amortization11,716 4,328 6,560 22,604 
Impairment and other charges143,000 (82)— 142,918 
Restructuring and other related charges 216 (17)(44)155 
Cloud computing amortization— — 642 642 
Majority-owned equity investees AOI(200)— — (200)
Adjusted operating income$250,140 $25,105 $(24,608)$250,637 
(In thousands)Three Months Ended June 30, 2020
Domestic OperationsInternational
and Other		Corporate / Inter-segment
Eliminations		Consolidated
Revenues, net
Advertising$187,434 $14,810 $— 202,244 
Distribution and other375,498 75,872 (7,323)444,047 
Consolidated revenues, net$562,932 $90,682 $(7,323)$646,291 
Operating income (loss)$217,586 $(125,562)$(43,222)48,802 
Share-based compensation expense4,844 909 9,482 15,235 
Depreciation and amortization11,301 7,563 7,041 25,905 
Restructuring and other related charges 1,204 2,262 41 3,507 
Impairment charges— 130,411 — 130,411 
Majority-owned equity investees AOI1,418 — — 1,418 
Adjusted operating income$236,353 $15,583 $(26,658)$225,278 
(In thousands)Six Months Ended June 30, 2021
Domestic OperationsInternational
and Other		Corporate / Inter-segment
Eliminations		Consolidated
Revenues, net
Advertising$411,424 $47,538 $— $458,962 
Distribution and other801,560 211,906 (9,295)1,004,171 
Consolidated revenues, net$1,212,984 $259,444 $(9,295)$1,463,133 
Operating income (loss)$304,575 $16,801 $(83,412)$237,964 
Share-based compensation expense12,931 2,144 14,633 29,708 
Depreciation and amortization25,089 9,277 13,484 47,850 
Impairment and other charges143,000 15,973 — 158,973 
Restructuring and other related charges 2,643 4,473 1,664 8,780 
Cloud computing amortization— — 906 906 
Majority-owned equity investees AOI4,435 — — 4,435 
Adjusted operating income$492,673 $48,668 $(52,725)$488,616 
(In thousands)Six Months Ended June 30, 2020
Domestic OperationsInternational
and Other		Corporate / Inter-segment
Eliminations		Consolidated
Revenues, net
Advertising$400,660 $34,174 $— $434,834 
Distribution and other774,165 181,336 (9,669)945,832 
Consolidated revenues, net$1,174,825 $215,510 $(9,669)$1,380,666 
Operating income (loss)$442,187 $(121,201)$(99,214)$221,772 
Share-based compensation expense7,568 1,518 21,661 30,747 
Depreciation and amortization22,251 16,459 13,925 52,635 
Restructuring and other related charges2,686 6,239 548 9,473 
Impairment charges— 130,411 — 130,411 
Majority-owned equity investees AOI2,694 — — 2,694 
Adjusted operating income$477,386 $33,426 $(63,080)$447,732 
Corporate overhead costs not allocated to the segments include such costs as executive salaries and benefits, costs of maintaining corporate headquarters, facilities and common support functions (such as human resources, legal, finance, strategic planning and information technology).
Inter-segment eliminations are primarily licensing revenues recognized between the Domestic Operations and International and Other segments.
(In thousands)Three Months Ended June 30,Six Months Ended June 30,
2021202020212020
Inter-segment revenues
Domestic Operations$(6,256)$(6,196)$(6,926)$(7,557)
International and Other356 (1,127)(2,369)(2,112)
$(5,900)$(7,323)$(9,295)$(9,669)
The table below summarizes revenues based on customer location:
(In thousands)Three Months Ended June 30,Six Months Ended June 30,
2021202020212020
Revenues
United States$612,326 $523,395 $1,189,474 $1,148,388 
Europe119,555 91,836 201,591 164,315 
Other39,511 31,060 72,068 67,963 
$771,392 $646,291 $1,463,133 $1,380,666 

The table below summarizes property and equipment based on asset location:
(In thousands)June 30, 2021December 31, 2020
Property and equipment, net
United States$206,042 $239,387 
Europe14,809 15,938 
Other704 720 
$221,555 $256,045