QUARTERLY RESULTS OF OPERATIONS (Unaudited)

12 Months Ended

Dec. 31, 2016

Quarterly Financial Information Disclosure [Abstract]

QUARTERLY RESULTS OF OPERATIONS (Unaudited)

QUARTERLY RESULTS OF OPERATIONS (Unaudited)

(In thousands, except per share data)
	Three Months Ended March 31,						Three Months Ended June 30,						Three Months Ended September 30,						Three Months Ended December 31,
	2016			2015			2016			2015			2016			2015			2016			2015
Revenue	$	1,363,505		$	1,344,564		$	1,618,532		$	1,599,859		$	1,570,418		$	1,579,514		$	1,721,118		$	1,717,579
Operating expenses:
Direct operating expenses	568,371			577,692			617,246			615,163			595,576			627,150			631,094			651,108
Selling, general and administrative expenses	425,568			416,881			434,581			424,562			421,700			429,426			444,050			433,483
Corporate expenses	77,879			77,422			87,650			80,295			86,779			74,775			88,717			82,507
Depreciation and amortization	155,456			170,453			162,144			168,394			158,453			166,320			159,174			168,824
Impairment charges	—			—			—			—			8,000			21,631			—			—
Other operating income, net	284,463			(8,974		)	(64,190		)	100,754			(505		)	6,914			133,788			(4,693		)
Operating income	420,694			93,142			252,721			412,199			299,405			267,126			531,871			376,964
Interest expense	463,950			441,771			465,991			452,957			459,852			453,921			460,189			456,847
Gain (loss) on investments, net	—			579			—			—			(13,767		)	(5,000		)	860			—
Equity in earnings (loss) of nonconsolidated affiliates	(433		)	331			(1,610		)	(690		)	1,117			(857		)	(15,807		)	314
Gain (loss) on extinguishment of debt	—			(2,201		)	—			—			157,556			—			—			—
Other income (expense), net	(5,712		)	19,891			(34,019		)	16,211			(7,323		)	(17,976		)	(26,048		)	(5,070		)
Income (loss) before income taxes	(49,401		)	(330,029		)	(248,899		)	(25,237		)	(22,864		)	(210,628		)	30,687			(84,639		)
Income tax benefit (expense)	(9,493		)	(56,605		)	(27,137		)	(22,077		)	(5,613		)	(2,841		)	92,717			(5,434		)
Consolidated net income (loss)	(58,894		)	(386,634		)	(276,036		)	(47,314		)	(28,477		)	(213,469		)	123,404			(90,073		)
Less amount attributable to noncontrolling interest	29,621			(1,668		)	2,858			7,152			6,474			8,448			17,362			3,199
Net income (loss)attributable to the Company	$	(88,515	)	$	(384,966	)	$	(278,894	)	$	(54,466	)	$	(34,951	)	$	(221,917	)	$	106,042		$	(93,272	)