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STOCKHOLDERS' DEFICIT
6 Months Ended
Jun. 30, 2017
Equity [Abstract]  
STOCKHOLDERS' DEFICIT
STOCKHOLDERS’ DEFICIT
The Company reports its noncontrolling interests in consolidated subsidiaries as a component of equity separate from the Company’s equity.  The following table shows the changes in stockholders' deficit attributable to the Company and the noncontrolling interests of subsidiaries in which the Company has a majority, but not total, ownership interest:
(In thousands)
The Company
 
Noncontrolling
Interests
 
Consolidated
Balance as of January 1, 2017
$
(11,021,253
)
 
$
135,778

 
$
(10,885,475
)
Net income (loss)
(562,252
)
 
6,655

 
(555,597
)
Dividends declared and other payments to noncontrolling interests

 
(34,552
)
 
(34,552
)
Share-based compensation
1,222

 
4,259

 
5,481

Purchases of additional noncontrolling interest
137

 
(137
)
 

Disposal of noncontrolling interest

 
(1,046
)
 
(1,046
)
Foreign currency translation adjustments
25,446

 
6,209

 
31,655

Unrealized holding gain on marketable securities
92

 
10

 
102

Reclassification adjustments
(1,478
)
 
(166
)
 
(1,644
)
Other, net
(190
)
 
(947
)
 
(1,137
)
Balances as of June 30, 2017
$
(11,558,276
)
 
$
116,063

 
$
(11,442,213
)
(In thousands)
The Company
 
Noncontrolling
Interests
 
Consolidated
Balance as of January 1, 2016
$
(10,784,841
)
 
$
178,160

 
$
(10,606,681
)
Net income (loss)
(367,396
)
 
32,479

 
(334,917
)
Dividends declared and other payments to noncontrolling interests

 
(60,208
)
 
(60,208
)
Share-based compensation
1,417

 
5,449

 
6,866

Foreign currency translation adjustments
34,803

 
1,638

 
36,441

Unrealized holding loss on marketable securities
(310
)
 
(35
)
 
(345
)
Reclassification adjustments
28,919

 
3,905

 
32,824

Other adjustments to comprehensive loss
(3,367
)
 
(378
)
 
(3,745
)
Other, net
(1,256
)
 
814

 
(442
)
Balances as of June 30, 2016
$
(11,092,031
)
 
$
161,824

 
$
(10,930,207
)

The Company has granted restricted stock and CCOH has granted restricted stock, restricted stock units and options to purchase shares of CCOH's Class A common stock to certain key individuals.
COMPUTATION OF LOSS PER SHARE
(In thousands, except per share data)
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
2017
 
2016
 
2017
 
2016
NUMERATOR:
 
 
 
 
 
 
 
Net loss attributable to the Company – common shares
$
(174,037
)
 
$
(278,900
)
 
$
(562,252
)
 
$
(367,396
)
 
 
 
 
 
 
 
 
DENOMINATOR:
 

 
 

 
 

 
 

Weighted average common shares outstanding - basic
84,869

 
84,469

 
84,812

 
84,439

Weighted average common shares outstanding - diluted(1)
84,869

 
84,469

 
84,812

 
84,439

 
 
 
 
 
 
 
 
Net loss attributable to the Company per common share:
 

 
 

 
 

 
 

Basic
$
(2.05
)
 
$
(3.30
)
 
$
(6.63
)
 
$
(4.35
)
Diluted
$
(2.05
)
 
$
(3.30
)
 
$
(6.63
)
 
$
(4.35
)
(1) 
Outstanding equity awards of 7.6 million and 8.4 million for the three months ended June 30, 2017 and 2016, respectively, and 7.6 million and 8.4 million for the six months ended June 30, 2017 and 2016, respectively, were not included in the computation of diluted earnings per share because to do so would have been antidilutive.