Segment Data (Tables)

3 Months Ended

Mar. 31, 2015

Schedule of Operating Segment Results

During the first quarter of 2015, the Company revised its segment reporting, as discussed in Note 1. The following table presents the company’s reportable segment results for the three months ended March 31, 2015 and 2014.
(In thousands)	iHM		Americas Outdoor Advertising		International Outdoor Advertising		Other		Corporate and other reconciling items		Eliminations		Consolidated
Three Months Ended March 31, 2015
Revenue	$	697,801	$	295,863	$	319,180	$	35,462	$	-	$	(3,742)	$	1,344,564
Direct operating expenses		213,829		146,234		216,737		3,398		-		(1,679)		578,519
Selling, general and administrative expenses		261,349		55,637		71,493		29,772		-		(2,063)		416,188
Depreciation and amortization		60,742		50,340		42,441		7,666		9,264		-		170,453
Corporate expenses		-		-		-		-		77,288		-		77,288
Other operating expense, net		-		-		-		-		(8,974)		-		(8,974)
Operating income (loss)	$	161,881	$	43,652	$	(11,491)	$	(5,374)	$	(95,526)	$	-	$	93,142
Intersegment revenues	$	-	$	1,101	$	-	$	2,641	$	-	$	-	$	3,742
Capital expenditures	$	11,913	$	16,695	$	25,105	$	1,051	$	1,691	$	-	$	56,455
Share-based compensation expense	$	-	$	-	$	-	$	-	$	2,524	$	-	$	2,524
Three Months Ended March 31, 2014
Revenue	$	670,347	$	290,610	$	344,641	$	41,495	$	-	$	(4,545)	$	1,342,548
Direct operating expenses		211,946		143,364		238,149		6,388		-		(2,159)		597,688
Selling, general and administrative expenses		253,345		56,368		76,581		30,728		-		(2,386)		414,636
Depreciation and amortization		60,324		49,712		48,331		8,719		7,785		-		174,871
Corporate expenses		-		-		-		-		72,705		-		72,705
Other operating income, net		-		-		-		-		165		-		165
Operating income (loss)	$	144,732	$	41,166	$	(18,420)	$	(4,340)	$	(80,325)	$	-	$	82,813
Intersegment revenues	$	-	$	976	$	-	$	3,569	$	-	$	-	$	4,545
Capital expenditures	$	10,292	$	16,444	$	20,862	$	1,807	$	18,003	$	-	$	67,408
Share-based compensation expense	$	-	$	-	$	-	$	-	$	3,036	$	-	$	3,036