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Segment Data | 12 Months Ended
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Dec. 31, 2011
Segment Data [Abstract] |
Segment Data | NOTE 13 – SEGMENT DATA The Company's reportable segments, which it believes best reflect how the Company is currently managed, are CCME, Americas outdoor advertising and International outdoor advertising. Revenue and expenses earned and charged between segments are recorded at fair value and eliminated in consolidation. The CCME segment provides media and entertainment services via broadcast and digital delivery and also includes the Company's national syndication business. The Americas outdoor advertising segment consists of operations primarily in the United States, Canada and Latin America, with approximately 89% of its 2011 revenue in this segment derived from the United States. The international outdoor segment primarily includes operations in Europe, Asia and Australia. The Americas outdoor and International outdoor display inventory consists primarily of billboards, street furniture displays and transit displays. The Other category includes the Company's media representation firm as well as other general support services and initiatives which are ancillary to the Company's other businesses. Corporate includes infrastructure and support including, information technology, human resources, legal, finance and administrative functions of each of the Company's operating segments, as well as overall executive, administrative and support functions. Share-based payments are recorded by each segment in direct operating and selling, general and administrative expenses. The following table presents the Company's operating segment results for the years ended December 31, 2011, 2010 and 2009.
(In thousands) |  | CCME |  |  | Americas Outdoor Advertising |  |  | International Outdoor Advertising |  |  | Other |  |  | Corporate and other reconciling items |  |  | Eliminations |  |  | Consolidated |
Year Ended December 31, 2011 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenue |  | $ | 2,986,828 |  |  | $ | 1,336,592 |  |  | $ | 1,667,282 |  |  | $ | 234,542 |  |  | $ | — |  |  | $ | (63,892) |  |  | $ | 6,161,352 |
Direct operating expenses |  |  | 849,265 |  |  |  | 607,210 |  |  |  | 1,031,591 |  |  |  | 27,807 |  |  |  | — |  |  |  | (11,837) |  |  |  | 2,504,036 |
Selling, general and administrative expenses |  |  | 980,960 |  |  |  | 225,217 |  |  |  | 315,655 |  |  |  | 147,481 |  |  |  | — |  |  |  | (52,055) |  |  |  | 1,617,258 |
Depreciation and amortization |  |  | 268,245 |  |  |  | 222,554 |  |  |  | 208,410 |  |  |  | 49,827 |  |  |  | 14,270 |  |  |  | — |  |  |  | 763,306 |
Corporate expenses |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 227,096 |  |  |  | — |  |  |  | 227,096 |
Impairment charges |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 7,614 |  |  |  | — |  |  |  | 7,614 |
Other operating income – net |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 12,682 |  |  |  | — |  |  |  | 12,682 |
Operating income (loss) |  | $ | 888,358 |  |  | $ | 281,611 |  |  | $ | 111,626 |  |  | $ | 9,427 |  |  | $ | (236,298) |  |  | $ | — |  |  | $ | 1,054,724 |
Intersegment revenues |  | $ | — |  |  | $ | 4,141 |  |  | $ | — |  |  | $ | 59,751 |  |  | $ | — |  |  | $ | — |  |  | $ | 63,892 |
Segment assets |  | $ | 8,364,246 |  |  | $ | 4,036,584 |  |  | $ | 2,015,687 |  |  | $ | 809,212 |  |  | $ | 1,316,310 |  |  | $ | — |  |  | $ | 16,542,039 |
Capital expenditures |  | $ | 61,434 |  |  | $ | 132,770 |  |  | $ | 159,973 |  |  | $ | — |  |  | $ | 9,797 |  |  | $ | — |  |  | $ | 363,974 |
Share-based compensation expense |  | $ | 4,606 |  |  | $ | 7,601 |  |  | $ | 3,165 |  |  | $ | — |  |  | $ | 5,295 |  |  | $ | — |  |  | $ | 20,667 |
Year Ended December 31, 2010 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenue |  | $ | 2,869,224 |  |  | $ | 1,290,014 |  |  | $ | 1,507,980 |  |  | $ | 261,461 |  |  | $ | — |  |  | $ | (62,994) |  |  | $ | 5,865,685 |
Direct operating expenses |  |  | 808,592 |  |  |  | 588,592 |  |  |  | 971,380 |  |  |  | 27,953 |  |  |  | — |  |  |  | (14,870) |  |  |  | 2,381,647 |
Selling, general and administrative expenses |  |  | 963,853 |  |  |  | 218,776 |  |  |  | 275,880 |  |  |  | 159,827 |  |  |  | — |  |  |  | (48,124) |  |  |  | 1,570,212 |
Depreciation and amortization |  |  | 256,673 |  |  |  | 209,127 |  |  |  | 204,461 |  |  |  | 52,965 |  |  |  | 9,643 |  |  |  | — |  |  |  | 732,869 |
Corporate expenses |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 284,042 |  |  |  | — |  |  |  | 284,042 |
Impairment charges |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 15,364 |  |  |  | — |  |  |  | 15,364 |
Other operating expense – net |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (16,710) |  |  |  | — |  |  |  | (16,710) |
Operating income (loss) |  | $ | 840,106 |  |  | $ | 273,519 |  |  | $ | 56,259 |  |  | $ | 20,716 |  |  | $ | (325,759) |  |  | $ | — |  |  | $ | 864,841 |
Intersegment revenues |  | $ | — |  |  | $ | 4,173 |  |  | $ | — |  |  | $ | 58,821 |  |  | $ | — |  |  | $ | — |  |  | $ | 62,994 |
Segment assets |  | $ | 8,411,953 |  |  | $ | 4,578,130 |  |  | $ | 2,059,892 |  |  | $ | 812,189 |  |  | $ | 1,598,218 |  |  | $ | — |  |  | $ | 17,460,382 |
Capital expenditures |  | $ | 35,463 |  |  | $ | 96,720 |  |  | $ | 98,553 |  |  | $ | — |  |  | $ | 10,728 |  |  | $ | — |  |  | $ | 241,464 |
Share-based compensation expense |  | $ | 7,152 |  |  | $ | 9,207 |  |  | $ | 2,746 |  |  | $ | — |  |  | $ | 15,141 |  |  | $ | — |  |  | $ | 34,246 |
Year Ended December 31, 2009 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenue |  | $ | 2,705,367 |  |  | $ | 1,238,171 |  |  | $ | 1,459,853 |  |  | $ | 200,467 |  |  | $ | — |  |  | $ | (51,949) |  |  | $ | 5,551,909 |
Direct operating expenses |  |  | 885,870 |  |  |  | 608,078 |  |  |  | 1,017,005 |  |  |  | 29,912 |  |  |  | — |  |  |  | (11,411) |  |  |  | 2,529,454 |
Selling, general and administrative expenses |  |  | 918,397 |  |  |  | 202,196 |  |  |  | 282,208 |  |  |  | 158,139 |  |  |  | — |  |  |  | (40,538) |  |  |  | 1,520,402 |
Depreciation and amortization |  |  | 261,246 |  |  |  | 210,280 |  |  |  | 229,367 |  |  |  | 56,379 |  |  |  | 8,202 |  |  |  | — |  |  |  | 765,474 |
Corporate expenses |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 253,964 |  |  |  | — |  |  |  | 253,964 |
Impairment charges |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 4,118,924 |  |  |  | — |  |  |  | 4,118,924 |
Other operating expense – net |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (50,837) |  |  |  | — |  |  |  | (50,837) |
Operating income (loss) |  | $ | 639,854 |  |  | $ | 217,617 |  |  | $ | (68,727) |  |  | $ | (43,963) |  |  | $ | (4,431,927) |  |  | $ | — |  |  | $ | (3,687,146) |
Intersegment revenues |  | $ | 937 |  |  | $ | 2,767 |  |  | $ | — |  |  | $ | 48,245 |  |  | $ | — |  |  | $ | — |  |  | $ | 51,949 |
Segment assets |  | $ | 8,601,490 |  |  | $ | 4,722,975 |  |  | $ | 2,216,691 |  |  | $ | 771,346 |  |  | $ | 1,734,599 |  |  | $ | — |  |  | $ | 18,047,101 |
Capital expenditures |  | $ | 41,880 |  |  | $ | 84,440 |  |  | $ | 91,513 |  |  | $ | — |  |  | $ | 5,959 |  |  | $ | — |  |  | $ | 223,792 |
Share-based compensation expense |  | $ | 8,276 |  |  | $ | 7,977 |  |  | $ | 2,412 |  |  | $ | — |  |  | $ | 21,121 |  |  | $ | — |  |  | $ | 39,786 |
Revenue of $1.8 billion, $1.7 billion and $1.6 billion derived from the Company's foreign operations are included in the data above for the years ended December 31, 2011, 2010 and 2009, respectively. Revenue of $4.3 billion, $4.2 billion and $4.0 billion derived from the Company's U.S. operations are included in the data above for the years ended December 31, 2011, 2010 and 2009, respectively. Identifiable long-lived assets of $797.7 million, $802.4 million and $863.8 million derived from the Company's foreign operations are included in the data above for the years ended December 31, 2011, 2010 and 2009, respectively. Identifiable long-lived assets of $2.3 billion, $2.3 billion and $2.5 billion derived from the Company's U.S. operations are included in the data above for the years ended December 31, 2011, 2010 and 2009, respectively.

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