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Segment Information (Tables) | 6 Months Ended
--- | ---
Jun. 30, 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 |  | Six Months Ended
|  | June 30, |  | June 30,
(in millions) |  | 2015 |  | 2014 |  | 2015 |  | 2014
Revenues: |  |  |  |  |  |  |  |
U.S. |  | $ | 346.1 |  |  | $ | 291.1 |  |  | $ | 660.0 |  |  | $ | 546.1 |
International |  | 38.6 |  |  | 43.3 |  |  | 68.6 |  |  | 76.2 |
Total revenues |  | $ | 384.7 |  |  | $ | 334.4 |  |  | $ | 728.6 |  |  | $ | 622.3 |
Adjusted OIBDA by Segment and Reconciliation to Consolidated Net Income |
|  | Three Months Ended |  | Six Months Ended
|  | June 30, |  | June 30,
(in millions) |  | 2015 |  | 2014 |  | 2015 |  | 2014
Net income |  | $ | 22.2 |  |  | $ | 22.4 |  |  | $ | 23.3 |  |  | $ | 30.8 |
Provision for income taxes |  | 4.5 |  |  | 17.6 |  |  | 3.1 |  |  | 23.5 |
Equity in earnings of investee companies, net of tax |  | (1.1 | ) |  | (0.2 | ) |  | (1.9 | ) |  | (0.8 | )
Interest expense, net |  | 28.9 |  |  | 18.5 |  |  | 56.7 |  |  | 31.0 |
Other expense, net |  | 0.1 |  |  | — |  |  | — |  |  | 0.5 |
Operating income |  | 54.6 |  |  | 58.3 |  |  | 81.2 |  |  | 85.0 |
Restructuring charges |  | 2.0 |  |  | — |  |  | 2.6 |  |  | — |
Net (gain) loss on dispositions |  | 0.9 |  |  | — |  |  | 0.6 |  |  | (0.9 | )
Depreciation and amortization |  | 57.2 |  |  | 49.1 |  |  | 113.7 |  |  | 97.1 |
Stock-based compensation(a) |  | 4.4 |  |  | 2.9 |  |  | 8.0 |  |  | 4.7 |
Total Adjusted OIBDA |  | $ | 119.1 |  |  | $ | 110.3 |  |  | $ | 206.1 |  |  | $ | 185.9 |
Adjusted OIBDA: |  |  |  |  |  |  |  |
U.S. |  | $ | 121.0 |  |  | $ | 106.4 |  |  | $ | 215.4 |  |  | $ | 186.7 |
International |  | 7.5 |  |  | 9.5 |  |  | 7.6 |  |  | 10.6 |
Corporate |  | (9.4 | ) |  | (5.6 | ) |  | (16.9 | ) |  | (11.4 | )
Total Adjusted OIBDA |  | $ | 119.1 |  |  | $ | 110.3 |  |  | $ | 206.1 |  |  | $ | 185.9 |
(a) | Stock-based compensation is classified as Corporate expenses.
Tabular Disclosure by Reportable Segments |
|  | Three Months Ended |  | Six Months Ended
|  | June 30, |  | June 30,
(in millions) |  | 2015 |  | 2014 |  | 2015 |  | 2014
Operating income (loss): |  |  |  |  |  |  |  |
U.S. |  | $ | 67.1 |  |  | $ | 64.2 |  |  | $ | 111.0 |  |  | $ | 104.2 |
International |  | 1.3 |  |  | 2.6 |  |  | (4.9 | ) |  | (3.1 | )
Corporate |  | (13.8 | ) |  | (8.5 | ) |  | (24.9 | ) |  | (16.1 | )
Total operating income |  | $ | 54.6 |  |  | $ | 58.3 |  |  | $ | 81.2 |  |  | $ | 85.0 |
Net (gain) loss on dispositions: |  |  |  |  |  |  |  |
U.S. |  | $ | 0.9 |  |  | $ | — |  |  | $ | 0.5 |  |  | $ | (0.8 | )
International |  | — |  |  | — |  |  | 0.1 |  |  | (0.1 | )
Total (gain) loss on dispositions |  | $ | 0.9 |  |  | $ | — |  |  | $ | 0.6 |  |  | $ | (0.9 | )
Depreciation and amortization: |  |  |  |  |  |  |  |
U.S. |  | $ | 51.0 |  |  | $ | 42.2 |  |  | $ | 101.3 |  |  | $ | 83.3 |
International |  | 6.2 |  |  | 6.9 |  |  | 12.4 |  |  | 13.8 |
Total depreciation and amortization |  | $ | 57.2 |  |  | $ | 49.1 |  |  | $ | 113.7 |  |  | $ | 97.1 |
Capital expenditures: |  |  |  |  |  |  |  |
U.S. |  | $ | 13.6 |  |  | $ | 12.3 |  |  | $ | 25.7 |  |  | $ | 24.5 |
International |  | 1.0 |  |  | 1.3 |  |  | 2.0 |  |  | 4.8 |
Total capital expenditures |  | $ | 14.6 |  |  | $ | 13.6 |  |  | $ | 27.7 |  |  | $ | 29.3 |
Reconciliation of Assets from Segment to Consolidated |
|  | As of
(in millions) |  | June 30, 2015 |  | December 31, 2014
Assets: |  |  |  |
U.S. |  | $ | 3,707.3 |  |  | $ | 3,704.2 |
International |  | 266.4 |  |  | 270.4 |
Corporate |  | 55.6 |  |  | 49.0 |
Total assets |  | $ | 4,029.3 |  |  | $ | 4,023.6 |

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8906-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8813-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8736-108599 + Details
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