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Segment Information
 3 Months Ended
Mar. 31, 2015
Segment Reporting [Abstract]  
Segment Information
Segment Information

The following tables set forth our financial performance by segment. We manage our operations through two segments—U.S. and International.
 
 
Three Months Ended
 
 
March 31,
(in millions)
 
2015
 
2014
Revenues:
 
 
 
 
U.S.
 
$
313.9

 
$
255.0

International
 
30.0

 
32.9

Total revenues
 
$
343.9

 
$
287.9



We present Operating income (loss) before Depreciation, Amortization, Net gain (loss) on dispositions, Stock-based compensation and Restructuring charges (“Adjusted OIBDA”) as the primary measure of profit and loss for our operating segments in accordance with FASB guidance for segment reporting.
 
 
Three Months Ended
 
 
March 31,
(in millions)
 
2015
 
2014
Net income
 
$
1.1

 
$
8.4

(Benefit) provision for income taxes
 
(1.4
)
 
5.9

Equity in earnings of investee companies, net of tax
 
(0.8
)
 
(0.6
)
Interest expense (income), net
 
27.8

 
12.5

Other (income) expense, net
 
(0.1
)
 
0.5

Operating income
 
26.6

 
26.7

Restructuring charges
 
0.6

 
—

Net gain on dispositions
 
(0.3
)
 
(0.9
)
Depreciation and amortization
 
56.5

 
48.0

Stock-based compensation(a)
 
3.6

 
1.8

Total Adjusted OIBDA
 
$
87.0

 
$
75.6

 
 
 
 
 
Adjusted OIBDA:
 
 
 
 
U.S.
 
$
94.4

 
$
80.3

International
 
0.1

 
1.1

Corporate
 
(7.5
)
 
(5.8
)
Total Adjusted OIBDA
 
$
87.0

 
$
75.6


(a)
Stock-based compensation is classified as Corporate expenses.

 
 
Three Months Ended
 
 
March 31,
(in millions)
 
2015
 
2014
Operating income (loss):
 
 
 
 
U.S.
 
$
43.9

 
$
40.0

International
 
(6.2
)
 
(5.7
)
Corporate
 
(11.1
)
 
(7.6
)
Total operating income
 
$
26.6

 
$
26.7

 
 
 
 
 
Net (gain) loss on dispositions:
 
 
 
 
U.S.
 
$
(0.4
)
 
$
(0.8
)
International
 
0.1

 
(0.1
)
Total gain on dispositions
 
$
(0.3
)
 
$
(0.9
)
 
 
 
 
 
Depreciation and amortization:
 
 
 
 
U.S.
 
$
50.3

 
$
41.1

International
 
6.2

 
6.9

Total depreciation and amortization
 
$
56.5

 
$
48.0

 
 
 
 
 
Capital expenditures:
 
 
 
 
U.S.
 
$
12.1

 
$
12.2

International
 
1.0

 
3.5

Total capital expenditures
 
$
13.1

 
$
15.7


 
 
As of
(in millions)
 
March 31, 2015
 
December 31, 2014
Assets:
 
 
 
 
U.S.
 
$
3,725.1

 
$
3,704.2

International
 
264.3

 
270.4

Corporate
 
67.8

 
49.0

Total assets
 
$
4,057.2

 
$
4,023.6