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Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues:    
Billboard $ 328.8 $ 320.6
Transit and other 79.7 75.2
Total revenues 408.5 395.8
Expenses:    
Operating 238.7 235.5
Selling, general and administrative 110.5 107.9
Net loss on dispositions 0.1 0.3
Impairment charges 9.1 0.0
Depreciation 18.5 20.1
Amortization 17.6 21.8
Total expenses 394.5 385.6
Operating income 14.0 10.2
Interest expense, net (41.4) (37.7)
Loss before benefit (provision) for income taxes and equity in earnings of investee companies (27.4) (27.5)
Benefit (provision) for income taxes 0.5 (0.4)
Equity in earnings of investee companies, net of tax (0.2) (0.8)
Net loss before allocation to non-controlling interests (27.1) (28.7)
Net income attributable to non-controlling interests 0.1 0.2
Net loss attributable to OUTFRONT Media Inc. $ (27.2) $ (28.9)
Net loss per common share:    
Basic (in dollars per share) $ (0.18) $ (0.19)
Diluted (in dollars per share) $ (0.18) $ (0.19)
Weighted average shares outstanding:    
Basic (in shares) 165.4 164.5
Diluted (in shares) [1],[2] 165.4 164.5
[1] The potential impact of 7.8 million shares of our common stock issuable upon conversion of the Series A Preferred Stock in each of the three months ended March 31, 2024 and 2023, were antidilutive.
[2] The potential impact of 1.8 million granted RSUs and PRSUs in the three months ended March 31, 2024, and 1.4 million granted RSUs and PRSUs in the three months ended March 31, 2023, were antidilutive.