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Segment Information (Tables) | 9 Months Ended
--- | ---
Sep. 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 |  | Nine Months Ended
|  | September 30, |  | September 30,
(in millions) |  | 2015 |  | 2014 |  | 2015 |  | 2014
Revenues: |  |  |  |  |  |  |  |
U.S. |  | $ | 353.9 |  |  | $ | 296.3 |  |  | $ | 1,013.9 |  |  | $ | 842.4 |
International |  | 32.8 |  |  | 40.2 |  |  | 101.4 |  |  | 116.4 |
Total revenues |  | $ | 386.7 |  |  | $ | 336.5 |  |  | $ | 1,115.3 |  |  | $ | 958.8 |
Adjusted OIBDA by Segment and Reconciliation to Consolidated Net Income |
|  | Three Months Ended |  | Nine Months Ended
|  | September 30, |  | September 30,
(in millions) |  | 2015 |  | 2014 |  | 2015 |  | 2014
Net income |  | $ | 21.2 |  |  | $ | 248.3 |  |  | $ | 44.5 |  |  | $ | 279.1 |
Provision (benefit) for income taxes |  | 3.9 |  |  | (226.4 | ) |  | 7.0 |  |  | (202.9 | )
Equity in earnings of investee companies, net of tax |  | (1.7 | ) |  | (0.6 | ) |  | (3.6 | ) |  | (1.4 | )
Interest expense, net |  | 28.9 |  |  | 26.3 |  |  | 85.6 |  |  | 57.3 |
Other expense, net |  | 0.4 |  |  | — |  |  | 0.4 |  |  | 0.5 |
Operating income |  | 52.7 |  |  | 47.6 |  |  | 133.9 |  |  | 132.6 |
Restructuring charges |  | — |  |  | 6.2 |  |  | 2.6 |  |  | 6.2 |
Acquisition costs(a) |  | — |  |  | 1.4 |  |  | — |  |  | 1.4 |
Net (gain) loss on dispositions |  | — |  |  | (0.5 | ) |  | 0.6 |  |  | (1.4 | )
Depreciation and amortization |  | 57.5 |  |  | 49.5 |  |  | 171.2 |  |  | 146.6 |
Stock-based compensation(a) |  | 3.7 |  |  | 2.7 |  |  | 11.7 |  |  | 7.4 |
Total Adjusted OIBDA |  | $ | 113.9 |  |  | $ | 106.9 |  |  | $ | 320.0 |  |  | $ | 292.8 |
Adjusted OIBDA: |  |  |  |  |  |  |  |
U.S. |  | $ | 121.6 |  |  | $ | 106.3 |  |  | $ | 337.0 |  |  | $ | 293.0 |
International |  | 3.9 |  |  | 6.3 |  |  | 11.5 |  |  | 16.9 |
Corporate |  | (11.6 | ) |  | (5.7 | ) |  | (28.5 | ) |  | (17.1 | )
Total Adjusted OIBDA |  | $ | 113.9 |  |  | $ | 106.9 |  |  | $ | 320.0 |  |  | $ | 292.8 |
(a) | Stock-based compensation and costs related to the Acquisition are classified as Corporate expenses.
Tabular Disclosure by Reportable Segments |
|  | Three Months Ended |  | Nine Months Ended
|  | September 30, |  | September 30,
(in millions) |  | 2015 |  | 2014 |  | 2015 |  | 2014
Operating income (loss): |  |  |  |  |  |  |  |
U.S. |  | $ | 69.9 |  |  | $ | 64.3 |  |  | $ | 180.9 |  |  | $ | 168.5 |
International |  | (1.9 | ) |  | (0.7 | ) |  | (6.8 | ) |  | (3.8 | )
Corporate |  | (15.3 | ) |  | (16.0 | ) |  | (40.2 | ) |  | (32.1 | )
Total operating income |  | $ | 52.7 |  |  | $ | 47.6 |  |  | $ | 133.9 |  |  | $ | 132.6 |
Net (gain) loss on dispositions: |  |  |  |  |  |  |  |
U.S. |  | $ | — |  |  | $ | (0.5 | ) |  | $ | 0.5 |  |  | $ | (1.3 | )
International |  | — |  |  | — |  |  | 0.1 |  |  | (0.1 | )
Total (gain) loss on dispositions |  | $ | — |  |  | $ | (0.5 | ) |  | $ | 0.6 |  |  | $ | (1.4 | )
Depreciation and amortization: |  |  |  |  |  |  |  |
U.S. |  | $ | 51.7 |  |  | $ | 42.5 |  |  | $ | 153.0 |  |  | $ | 125.8 |
International |  | 5.8 |  |  | 7.0 |  |  | 18.2 |  |  | 20.8 |
Total depreciation and amortization |  | $ | 57.5 |  |  | $ | 49.5 |  |  | $ | 171.2 |  |  | $ | 146.6 |
Capital expenditures: |  |  |  |  |  |  |  |
U.S. |  | $ | 13.8 |  |  | $ | 12.9 |  |  | $ | 39.5 |  |  | $ | 37.4 |
International |  | 1.5 |  |  | 1.4 |  |  | 3.5 |  |  | 6.2 |
Total capital expenditures |  | $ | 15.3 |  |  | $ | 14.3 |  |  | $ | 43.0 |  |  | $ | 43.6 |
Reconciliation of Assets from Segment to Consolidated |
|  | As of
(in millions) |  | September 30, 2015 |  | December 31, 2014
Assets: |  |  |  |
U.S. |  | $ | 3,675.1 |  |  | $ | 3,704.2 |
International |  | 244.7 |  |  | 270.4 |
Corporate |  | 90.5 |  |  | 49.0 |
Total assets |  | $ | 4,010.3 |  |  | $ | 4,023.6 |

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