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SEGMENT DATA (Tables)
6 Months Ended
Jun. 30, 2017
Segment Reporting [Abstract]  
Schedule of Reportable Segment Results
The following table presents the Company's reportable segment results for the three and six months ended June 30, 2017 and 2016:
(In thousands)
iHM
 
Americas Outdoor
 
International Outdoor
 
Other
 
Corporate and other reconciling items
 
Eliminations
 
Consolidated
Three Months Ended June 30, 2017
Revenue
$
884,380

 
$
323,960

 
$
348,359

 
$
35,609

 
$

 
$
(1,940
)
 
$
1,590,368

Direct operating expenses
264,201

 
145,099

 
205,074

 
3

 

 

 
614,377

Selling, general and administrative expenses
298,842

 
54,763

 
71,135

 
23,580

 

 
(1,030
)
 
447,290

Corporate expenses

 

 

 

 
78,068

 
(910
)
 
77,158

Depreciation and amortization
58,820

 
45,359

 
31,590

 
3,835

 
8,191

 

 
147,795

Other operating income, net

 

 

 

 
6,916

 

 
6,916

Operating income (loss)
$
262,517

 
$
78,739

 
$
40,560

 
$
8,191

 
$
(79,343
)
 
$

 
$
310,664

Intersegment revenues
$

 
$
1,940

 
$

 
$

 
$

 
$

 
$
1,940

Capital expenditures
$
17,107

 
$
26,935

 
$
35,816

 
$
304

 
$
5,431

 
$

 
$
85,593

Share-based compensation expense
$

 
$

 
$

 
$

 
$
2,422

 
$

 
$
2,422

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Three Months Ended June 30, 2016
Revenue
$
867,914

 
$
325,533

 
$
382,553

 
$
39,066

 
$

 
$
(594
)
 
$
1,614,472

Direct operating expenses
250,367

 
140,038

 
221,963

 
818

 

 

 
613,186

Selling, general and administrative expenses
271,719

 
57,831

 
77,736

 
27,889

 

 
(594
)
 
434,581

Corporate expenses

 

 

 

 
87,657

 

 
87,657

Depreciation and amortization
62,998

 
47,525

 
38,177

 
4,710

 
8,734

 

 
162,144

Other operating expense, net

 

 

 

 
(64,190
)
 

 
(64,190
)
Operating income (loss)
$
282,830

 
$
80,139

 
$
44,677

 
$
5,649

 
$
(160,581
)
 
$

 
$
252,714

Intersegment revenues
$

 
$
594

 
$

 
$

 
$

 
$

 
$
594

Capital expenditures
$
14,275

 
$
17,402

 
$
31,771

 
$
1,111

 
$
2,367

 
$

 
$
66,926

Share-based compensation expense
$

 
$

 
$

 
$

 
$
3,792

 
$

 
$
3,792

(In thousands)
iHM
 
Americas Outdoor
 
International Outdoor
 
Other
 
Corporate and other reconciling items
 
Eliminations
 
Consolidated
Six Months Ended June 30, 2017
 
 
 
 
 
 
 
 
 
 
Revenue
$
1,641,553

 
$
603,380

 
$
613,665

 
$
64,880

 
$

 
$
(3,788
)
 
$
2,919,690

Direct operating expenses
507,532

 
285,572

 
392,532

 
3

 

 

 
1,185,639

Selling, general and administrative expenses
606,993

 
110,849

 
130,823

 
51,221

 

 
(1,977
)
 
897,909

Corporate expenses

 

 

 

 
157,331

 
(1,811
)
 
155,520

Depreciation and amortization
116,857

 
90,654

 
62,263

 
7,204

 
16,923

 

 
293,901

Other operating income, net

 

 

 

 
38,000

 

 
38,000

Operating income (loss)
$
410,171

 
$
116,305

 
$
28,047

 
$
6,452

 
$
(136,254
)
 
$

 
$
424,721

Intersegment revenues
$

 
$
3,788

 
$

 
$

 
$

 
$

 
$
3,788

Capital expenditures
$
30,344

 
$
41,039

 
$
57,640

 
$
367

 
$
7,230

 
$

 
$
136,620

Share-based compensation expense
$

 
$

 
$

 
$

 
$
5,481

 
$

 
$
5,481

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Six Months Ended June 30, 2016
 
 
 
 
 
 
 
 
 
 
Revenue
$
1,606,800

 
$
608,061

 
$
689,039

 
$
73,249

 
$

 
$
(879
)
 
$
2,976,270

Direct operating expenses
474,429

 
278,050

 
425,938

 
1,433

 

 

 
1,179,850

Selling, general and administrative expenses
543,732

 
113,160

 
149,208

 
54,928

 

 
(879
)
 
860,149

Corporate expenses

 

 

 

 
165,516

 

 
165,516

Depreciation and amortization
121,815

 
93,641

 
76,057

 
8,326

 
17,761

 

 
317,600

Other operating income, net

 

 

 

 
220,273

 

 
220,273

Operating income (loss)
$
466,824

 
$
123,210

 
$
37,836

 
$
8,562

 
$
36,996

 
$

 
$
673,428

Intersegment revenues
$

 
$
879

 
$

 
$

 
$

 
$

 
$
879

Capital expenditures
$
23,065

 
$
28,694

 
$
66,684

 
$
1,176

 
$
4,086

 
$

 
$
123,705

Share-based compensation expense
$

 
$

 
$

 
$

 
$
6,866

 
$

 
$
6,866