QUARTERLY RESULTS OF OPERATIONS (Unaudited) (Tables)

12 Months Ended

Dec. 31, 2013

Schedule of 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,
	2013			2012			2013			2012			2013			2012			2013			2012
Revenue	$	1,343,058		$	1,360,723		$	1,618,097		$	1,602,494		$	1,587,522		$	1,587,331		$	1,694,367		$	1,696,336
Operating expenses:
Direct operating expenses		594,817			608,571			630,357			602,803			646,113			633,770			672,132			649,097
Selling, general and administrative expenses		403,363			426,083			411,341			401,479			411,354			407,501			423,803			431,355
Corporate expenses		83,763			72,606			77,557			72,094			92,204			73,921			70,658			78,745
Depreciation and amortization		182,182			175,366			179,734			181,839			177,330			182,350			191,582			189,730
Impairment charges		—			—			—			—			—			—			16,970			37,651
Other operating income, net		2,395			3,124			1,113			1,917			6,186			42,118			13,304			968
Operating income		81,328			81,221			320,221			346,196			266,707			331,907			332,526			310,726
Interest expense		385,525			374,016			407,508			385,867			438,404			388,210			418,014			400,930
Gain (loss) on marketable securities		—			—			130,898			—			31			—			(50	)		(4,580	)
Equity in earnings (loss) of nonconsolidated affiliates		3,641			3,555			5,971			4,696			3,983			3,663			(91,291	)		6,643
Loss on extinguishment of debt		(3,888	)		(15,167	)		—			—			—			—			(83,980	)		(239,556	)
Other income (expense), net		(1,000	)		(1,106	)		(18,098	)		(1,397	)		1,709			824			(4,591	)		1,929
Income (loss) before income taxes		(305,444	)		(305,513	)		31,484			(36,372	)		(165,974	)		(51,816	)		(265,400	)		(325,768	)
Income tax benefit (expense)		96,325			157,398			(11,477	)		8,663			73,802			13,232			(36,833	)		128,986
Consolidated net income (loss)		(209,119	)		(148,115	)		20,007			(27,709	)		(92,172	)		(38,584	)		(302,233	)		(196,782	)
Less amount attributable to noncontrolling interest		(6,116	)		(4,486	)		12,805			11,316			9,683			11,977			6,994			(5,518	)
Net income (loss) attributable to the Company	$	(203,003	)	$	(143,629	)	$	7,202		$	(39,025	)	$	(101,855	)	$	(50,561	)	$	(309,227	)	$	(191,264	)