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Segment Data (Tables)
12 Months Ended
Dec. 31, 2014
Schedule of Operating Segment Results
(In thousands)iHMAmericas Outdoor AdvertisingInternational Outdoor AdvertisingOtherCorporate and other reconciling itemsEliminationsConsolidated
Year Ended December 31, 2014
Revenue$ 3,161,503 $ 1,253,190 $ 1,708,069 $ 260,920 $ - $ (65,149)$ 6,318,533
Direct operating expenses 921,089 555,614 1,041,274 24,009 - (7,621) 2,534,365
Selling, general and administrative expenses 1,052,578 211,969 336,550 143,629 - (57,518) 1,687,208
Depreciation and amortization 240,868 194,640 207,431 33,543 34,416 - 710,898
Impairment charges - - - - 24,176 - 24,176
Corporate expenses - - - - 320,341 (10) 320,331
Other operating income, net - - - - 40,031 - 40,031
Operating income (loss)$ 946,968 $ 290,967 $ 122,814 $ 59,739 $ (338,902)$ - $ 1,081,586
Intersegment revenues$ 10 $ 3,436 $ - $ 61,703 $ - $ - $ 65,149
Segment assets$ 7,720,181 $ 3,527,935 $ 1,817,237 $ 277,388 $ 697,501 $ - $ 14,040,242
Capital expenditures$ 50,403 $ 97,053 $ 130,154 $ 5,744 $ 34,810 $ - $ 318,164
Share-based compensation expense$ - $ - $ - $ - $ 10,713 $ - $ 10,713
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 942,644 566,669 1,028,059 25,271 - (8,556) 2,554,087
Selling, general and administrative expenses 1,020,097 220,732 322,840 140,241 - (54,049) 1,649,861
Depreciation and amortization 262,136 196,597 203,927 39,291 28,877 - 730,828
Impairment charges - - - - 16,970 - 16,970
Corporate expenses - - - - 313,514 - 313,514
Other operating income, net - - - - 22,998 - 22,998
Operating income (loss)$ 906,718 $ 306,454 $ 100,912 $ 23,061 $ (336,363)$ - $ 1,000,782
Intersegment revenues$ - $ 2,473 $ - $ 60,132 $ - $ - $ 62,605
Segment assets$ 7,933,564 $ 3,693,308 $ 2,029,687 $ 534,363 $ 906,380 $ - $ 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 882,785 582,340 1,021,152 25,088 - (12,965) 2,498,400
Selling, general and administrative expenses 993,116 211,245 363,417 152,394 - (53,754) 1,666,418
Depreciation and amortization 262,409 192,023 205,258 45,568 24,027 - 729,285
Impairment charges - - - - 37,651 - 37,651
Corporate expenses - - - - 293,207 - 293,207
Other operating income, net - - - - 48,127 - 48,127
Operating income (loss)$ 946,470 $ 293,649 $ 77,860 $ 58,829 $ (306,758)$ - $ 1,070,050
Intersegment revenues$ - $ 1,175 $ 80 $ 65,464 $ - $ - $ 66,719
Segment assets$ 8,061,701 $ 3,835,235 $ 2,256,309 $ 815,435 $ 1,324,033 $ - $ 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