SEGMENT DATA (Tables)

3 Months Ended

12 Months Ended

Mar. 31, 2014

Dec. 31, 2013

Schedule of Operating Segment Results

The following table presents the Company’s reportable segment results for the three months ended March 31, 2014 and 2013.

(In thousands)	CCME		Americas Outdoor Advertising		International Outdoor Advertising			Other			Corporate and other reconciling items			Eliminations			Consolidated
Three Months Ended March 31, 2014
Revenue	$	670,347	$	268,756	$	366,495		$	51,462		$	—		$	(14,512	)	$	1,342,548
Direct operating expenses		210,754		133,288		248,225			6,388			—			(2,159	)		596,496
Selling, general and administrative expenses		259,155		51,111		81,838			36,077			—			(12,353	)		415,828
Depreciation and amortization		62,571		47,599		50,444			8,719			5,538			—			174,871
Corporate expenses		—		—		—			—			72,705			—			72,705
Other operating income, net		—		—		—			—			165			—			165
Operating income (loss)	$	137,867	$	36,758	$	(14,012	)	$	278		$	(78,078	)	$	—		$	82,813
Intersegment revenues	$	—	$	976	$	—		$	13,536		$	—		$	—		$	14,512
Capital expenditures	$	10,292	$	12,220	$	25,086		$	1,807		$	18,003		$	—		$	67,408
Share-based compensation expense	$	—	$	—	$	—		$	—		$	3,036		$	—		$	3,036
Three Months Ended March 31, 2013
Revenue	$	656,566	$	286,461	$	363,749		$	49,219		$	—		$	(12,937	)	$	1,343,058
Direct operating expenses		204,268		136,891		249,300			6,494			—			(2,136	)		594,817
Selling, general and administrative expenses		239,142		54,372		85,189			35,461			—			(10,801	)		403,363
Depreciation and amortization		67,832		48,685		50,993			9,982			4,690			—			182,182
Corporate expenses		—		—		—			—			83,763			—			83,763
Other operating income, net		—		—		—			—			2,395			—			2,395
Operating income (loss)	$	145,324	$	46,513	$	(21,733	)	$	(2,718	)	$	(86,058	)	$	—		$	81,328
Intersegment revenues	$	—	$	83	$	—		$	12,854		$	—		$	—		$	12,937
Capital expenditures	$	14,244	$	12,895	$	25,908		$	2,103		$	6,470		$	—		$	61,620
Share-based compensation expense	$	—	$	—	$	—		$	—		$	5,517		$	—		$	5,517

The following table presents the Company’s reportable segment results for the years ended December 31, 2013, 2012 and 2011.

(In thousands)	CCME		Americas Outdoor Advertising		International Outdoor Advertising		Other		Corporate and other reconciling items			Eliminations			Consolidated
Year Ended December 31, 2013
Revenue	$	3,131,595	$	1,290,452	$	1,655,738	$	227,864	$	—		$	(62,605	)	$	6,243,044
Direct operating expenses		931,976		566,669		1,028,059		25,271		—			(8,556	)		2,543,419
Selling, general and administrative expenses		1,020,097		220,732		322,840		140,241		—			(54,049	)		1,649,861
Depreciation and amortization		271,126		196,597		203,927		39,291		19,887			—			730,828
Impairment charges		—		—		—		—		16,970			—			16,970
Corporate expenses		—		—		—		—		324,182			—			324,182
Other operating income, net		—		—		—		—		22,998			—			22,998
Operating income (loss)	$	908,396	$	306,454	$	100,912	$	23,061	$	(338,041	)	$	—		$	1,000,782
Intersegment revenues	$	—	$	2,473	$	—	$	60,132	$	—		$	—		$	62,605
Segment assets	$	8,064,671	$	3,693,308	$	2,029,687	$	534,363	$	775,273		$	—		$	15,097,302
Capital expenditures	$	75,742	$	88,991	$	108,548	$	9,933	$	41,312		$	—		$	324,526
Share-based compensation expense	$	—	$	—	$	—	$	—	$	16,715		$	—		$	16,715
Year Ended December 31, 2012
Revenue	$	3,084,780	$	1,279,257	$	1,667,687	$	281,879	$	—		$	(66,719	)	$	6,246,884
Direct operating expenses		878,626		582,340		1,021,152		25,088		—			(12,965	)		2,494,241
Selling, general and administrative expenses		993,116		211,245		363,417		152,394		—			(53,754	)		1,666,418
Depreciation and amortization		271,399		192,023		205,258		45,568		15,037			—			729,285
Impairment charges		—		—		—		—		37,651			—			37,651
Corporate expenses		—		—		—		—		297,366			—			297,366
Other operating income, net		—		—		—		—		48,127			—			48,127
Operating income (loss)	$	941,639	$	293,649	$	77,860	$	58,829	$	(301,927	)	$	—		$	1,070,050
Intersegment revenues	$	—	$	1,175	$	80	$	65,464	$	—		$	—		$	66,719
Segment assets	$	8,201,798	$	3,835,235	$	2,256,309	$	815,435	$	1,183,936		$	—		$	16,292,713
Capital expenditures	$	65,821	$	117,647	$	150,129	$	17,438	$	39,245		$	—		$	390,280
Share-based compensation expense	$	—	$	—	$	—	$	—	$	28,540		$	—		$	28,540
Year Ended December 31, 2011
Revenue	$	2,986,828	$	1,252,725	$	1,751,149	$	234,542	$	—		$	(63,892	)	$	6,161,352
Direct operating expenses		857,622		566,313		1,064,562		27,807		—			(11,837	)		2,504,467
Selling, general and administrative expenses		971,066		198,989		339,043		147,481		—			(52,055	)		1,604,524
Depreciation and amortization		268,245		211,009		219,955		49,827		14,270			—			763,306
Impairment charges		—		—		—		—		7,614			—			7,614
Corporate expenses		—		—		—		—		239,399			—			239,399
Other operating income, net		—		—		—		—		12,682			—			12,682
Operating income (loss)	$	889,895	$	276,414	$	127,589	$	9,427	$	(248,601	)	$	—		$	1,054,724
Intersegment revenues	$	—	$	4,141	$	—	$	59,751	$	—		$	—		$	63,892
Segment assets	$	8,364,246	$	3,886,098	$	2,166,173	$	809,212	$	1,316,310		$	—		$	16,542,039
Capital expenditures	$	50,198	$	122,505	$	166,044	$	5,737	$	19,490		$	—		$	363,974
Share-based compensation expense	$	—	$	—	$	—	$	—	$	20,667		$	—		$	20,667