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STOCKHOLDERS' DEFICIT (Tables)
 12 Months Ended
Dec. 31, 2017
Equity [Abstract]  
Schedule of Changes in Shareholders' Deficit
The following table shows the changes in stockholder's 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 Company
 
Noncontrolling
Interests
 
Consolidated
Balances as of January 1, 2017
$
(11,021,253
)
 
$
135,778

 
$
(10,885,475
)
Net income (loss)
(393,891
)
 
(66,127
)
 
(460,018
)
Dividends and other payments to noncontrolling interests
—

 
(46,151
)
 
(46,151
)
Purchase of additional noncontrolling interests
(524
)
 
(703
)
 
(1,227
)
Disposal of noncontrolling interests
—

 
(2,439
)
 
(2,439
)
Share-based compensation
2,488

 
9,590

 
12,078

Foreign currency translation adjustments
32,809

 
12,852

 
45,661

Unrealized holding loss on marketable securities
(370
)
 
(44
)
 
(414
)
Other adjustments to comprehensive loss
6,013

 
707

 
6,720

Reclassifications adjustments
4,864

 
577

 
5,441

Other, net
(355
)
 
(1,276
)
 
(1,631
)
Balances as of December 31, 2017
$
(11,370,219
)
 
$
42,764

 
$
(11,327,455
)
(In thousands)
The Company
 
Noncontrolling
Interests
 
Consolidated
Balances as of January 1, 2016
$
(10,784,841
)
 
$
178,160

 
$
(10,606,681
)
Net income (loss)
(296,362
)
 
56,312

 
(240,050
)
Dividends and other payments to noncontrolling interests
—

 
(70,412
)
 
(70,412
)
Purchase of additional noncontrolling interests
(1,224
)
 
1,224

 
—

Disposal of noncontrolling interests
—

 
(36,846
)
 
(36,846
)
Share-based compensation
2,842

 
10,291

 
13,133

Foreign currency translation adjustments
27,343

 
(5,360
)
 
21,983

Unrealized holding gain on marketable securities
(518
)
 
(58
)
 
(576
)
Other adjustments to comprehensive loss
(10,622
)
 
(1,192
)
 
(11,814
)
Reclassifications adjustments
42,328

 
4,402

 
46,730

Other, net
(199
)
 
(743
)
 
(942
)
Balances as of December 31, 2016
$
(11,021,253
)
 
$
135,778

 
$
(10,885,475
)
The following table discloses the increase (decrease) in other comprehensive income (loss) related to deferred income tax liabilities for the years ended December 31, 2017, 2016 and 2015, respectively:
(In thousands)
Years Ended December 31,
 
2017
 
2016
 
2015
Pension adjustments and other
$
(314
)
 
$
(1,044
)
 
$
1,585

Total (increase) decrease in deferred tax liabilities
$
(314
)
 
$
(1,044
)
 
$
1,585
Schedule of Stock Options Outstanding and Stock Option Activity
The following table presents a summary of Parent's stock options outstanding at and stock option activity during the year ended December 31, 2017 ("Price" reflects the weighted average exercise price per share):
(In thousands, except per share data)
Options
 
Price
 
Weighted
Average
Remaining
Contractual Term
Outstanding, January 1, 2017
2,092

 
$
35.09

 
2.6 years
Granted
—

 


 
 
Exercised
—

 


 
 
Forfeited
—

 


 
 
Expired
—

 


 
 
Outstanding, December 31, 2017 (1)
2,092

 
35.09

 
1.6 years
Exercisable
1,549

 
35.14

 
2.0 years
Expected to Vest
543

 
34.94

 
0.7 years
(1)
Non-cash compensation expense has not been recorded with respect to 0.5 million shares as the vesting of these options is subject to performance conditions that have not yet been determined probable to meet.
The following table presents a summary of CCOH’s stock options outstanding at and stock option activity during the year ended December 31, 2017:
(In thousands, except per share data)
Options
 
Price(3)
 
Weighted
Average
Remaining
Contractual
Term
 
Aggregate
Intrinsic
Value
Outstanding, January 1, 2017
5,033

 
$
7.04

 
4.9 years
 
$
2,539

Granted (1)
4

 
4.25

 
 
 
 
Exercised (2)
(71
)
 
3.10

 
 
 
 
Forfeited
(96
)
 
6.85

 
 
 
 
Expired
(760
)
 
12.49

 
 
 
 
Outstanding, December 31, 2017
4,110

 
6.10

 
4.1 years
 
$
2,378

Exercisable
3,392

 
6.01

 
3.4 years
 
$
2,359

Expected to vest
718

 
6.52

 
7.5 years
 
$
19

(1)
The weighted average grant date fair value of CCOH options granted during the years ended December 31, 2017, 2016 and 2015 was $2.04, $2.82 and $4.25 per share, respectively.
(2)
Cash received from option exercises during the years ended December 31, 2017, 2016 and 2015 was $0.2 million, $0.6 million and $3.8 million, respectively.  The total intrinsic value of the options exercised during the years ended December 31, 2017, 2016 and 2015 was $0.2 million, $0.4 million and $2.8 million, respectively.
(3)
Reflects the weighted average exercise price per share.
Summary of Unvested Options and Changes
A summary of CCOH’s unvested options at and changes during the year ended December 31, 2017 is presented below:
(In thousands, except per share data)
Options
 
Weighted Average Grant Date Fair Value
Unvested, January 1, 2017
1,164

 
$
4.25

Granted
4

 
2.04

Vested (1)
(354
)
 
4.37

Forfeited
(96
)
 
4.15

Unvested, December 31, 2017
718

 
4.19

(1)
The total fair value of CCOH options vested during the years ended December 31, 2017, 2016 and 2015 was $1.6 million, $2.7 million and $4.2 million, respectively.
A summary of Parent's unvested options and changes during the year ended December 31, 2017 is presented below:
(In thousands, except per share data)
Options
 
Weighted Average Grant Date Fair Value
Unvested, January 1, 2017
543

 
$
19.61

Granted
—

 


Vested (1)
—

 


Forfeited
—

 


Unvested, December 31, 2017
543

 
19.61

(1)
The total fair value of the options vested during the years ended December 31, 2017, 2016 and 2015 was $0.0 million, $0.2 million and $0.3 million, respectively.
Summary of Restricted Stock Outstanding and Restricted Stock Activity
The following table presents a summary of CCOH’s restricted stock and restricted stock units outstanding at and activity during the year ended December 31, 2017 ("Price" reflects the weighted average share price at the date of grant):
(In thousands, except per share data)
Awards
 
Price
Outstanding, January 1, 2017
2,743

 
$
7.63

Granted
2,539

 
4.30

Vested (restriction lapsed)
(1,040
)
 
7.16

Forfeited
(342
)
 
7.39

Outstanding, December 31, 2017
3,900

 
5.61

The following table presents a summary of Parent's restricted stock outstanding and restricted stock activity as of and during the year ended December 31, 2017 (“Price” reflects the weighted average share price at the date of grant):
(In thousands, except per share data)
Awards
 
Price
Outstanding, January 1, 2017
5,772

 
$
4.43

Granted
1,438

 
1.75

Vested (restriction lapsed)
(677
)
 
4.57

Forfeited
(314
)
 
4.09

Outstanding, December 31, 2017
6,219

 
3.81
Schedule of Assumptions Used to Calculate Fair Value of Options
The following assumptions were used to calculate the fair value of CCOH’s options on the date of grant:
 
Years Ended December 31,
 
2017
 
2016
 
2015
Expected volatility
42%
 
42% – 44%
 
37% – 56%
Expected life in years
6.3
 
6.3
 
6.3
Risk-free interest rate
2.12%
 
1.12% – 1.41%
 
1.70% – 2.07%
Dividend yield
—%
 
—%
 
—%