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Segment Information (Tables)
3 Months Ended
Mar. 31, 2015
Segment Reporting [Abstract]  
Reconciliation of Revenue from Segments to Consolidated
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

Adjusted OIBDA by Segment and Reconciliation to Consolidated Net Income
 
 
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.
Tabular Disclosure by Reportable Segments
 
 
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

Reconciliation of Assets from Segment to Consolidated
 
 
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