Shareholder's Interest Deficit

9 Months Ended

Sep. 30, 2015

Member's Interest

NOTE 6 – SHAREHOLDER’S DEFICIT
The Company reports its noncontrolling interests in consolidated subsidiaries as a component of equity separate from the Company’s equity. The following table shows the changes in shareholder’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, 2015		$	(9,889,348)	$	224,140	$	(9,665,208)
	Net income (loss)		(661,349)		13,932		(647,417)
	Dividends and other payments to noncontrolling interests		-		(28,088)		(28,088)
	Purchase of additional noncontrolling interests		(40,820)		(1,978)		(42,798)
	Share-based compensation		1,873		6,045		7,918
	Foreign currency translation adjustments		(82,865)		(19,118)		(101,983)
	Unrealized holding gain on marketable securities		484		56		540
	Other adjustments to comprehensive loss		(1,036)		(118)		(1,154)
	Other, net		(618)		4,772		4,154
Balances as of September 30, 2015		$	(10,673,679)	$	199,643	$	(10,474,036)

(In thousands)		The Company		Noncontrolling Interests		Consolidated
Balances as of January 1, 2014		$	(8,942,166)	$	245,531	$	(8,696,635)
	Net income (loss)		(725,672)		13,679		(711,993)
	Dividends and other payments to noncontrolling interests		-		(32,581)		(32,581)
	Share-based compensation		2,352		5,712		8,064
	Foreign currency translation adjustments		(62,754)		(14,758)		(77,512)
	Unrealized holding gain on marketable securities		533		72		605
	Reclassifications		3,309		-		3,309
	Other, net		(864)		1,396		532
Balances as of September 30, 2014		$	(9,725,262)	$	219,051	$	(9,506,211)

The Company does not have any compensation plans under which it grants awards to employees. Parent and CCOH have granted restricted stock, restricted stock units and options to purchase shares of their Class A common stock to certain key individuals.