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STOCKHOLDERS' DEFICIT
9 Months Ended
Sep. 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)
(810,429
)
 
8,648

 
(801,781
)
Dividends declared and other payments to noncontrolling interests

 
(43,540
)
 
(43,540
)
Share-based compensation
1,867

 
7,153

 
9,020

Purchases of additional noncontrolling interest
(378
)
 
(575
)
 
(953
)
Disposal of noncontrolling interest

 
(2,438
)
 
(2,438
)
Foreign currency translation adjustments
34,785

 
9,880

 
44,665

Unrealized holding loss on marketable securities
(195
)
 
(23
)
 
(218
)
Reclassification adjustments
4,078

 
485

 
4,563

Other, net
(323
)
 
(1,235
)
 
(1,558
)
Balances as of September 30, 2017
$
(11,791,848
)
 
$
114,133

 
$
(11,677,715
)
(In thousands)
The Company
 
Noncontrolling
Interests
 
Consolidated
Balance as of January 1, 2016
$
(10,784,841
)
 
$
178,160

 
$
(10,606,681
)
Net income (loss)
(402,397
)
 
38,950

 
(363,447
)
Dividends declared and other payments to noncontrolling interests

 
(74,542
)
 
(74,542
)
Share-based compensation
2,159

 
8,191

 
10,350

Foreign currency translation adjustments
40,914

 
2,883

 
43,797

Unrealized holding loss on marketable securities
(571
)
 
(64
)
 
(635
)
Reclassification adjustments
28,919

 
3,904

 
32,823

Other adjustments to comprehensive loss
(3,193
)
 
(358
)
 
(3,551
)
Other, net
(1,389
)
 
495

 
(894
)
Balances as of September 30, 2016
$
(11,120,399
)
 
$
157,619

 
$
(10,962,780
)

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
September 30,
 
Nine Months Ended
September 30,
 
2017
 
2016
 
2017
 
2016
NUMERATOR:
 
 
 
 
 
 
 
Net loss attributable to the Company – common shares
$
(248,177
)
 
$
(35,001
)
 
$
(810,429
)
 
$
(402,397
)
 
 
 
 
 
 
 
 
DENOMINATOR:
 

 
 

 
 

 
 

Weighted average common shares outstanding - basic
85,072

 
84,650

 
84,900

 
84,510

Weighted average common shares outstanding - diluted(1)
85,072

 
84,650

 
84,900

 
84,510

 
 
 
 
 
 
 
 
Net loss attributable to the Company per common share:
 

 
 

 
 

 
 

Basic
$
(2.92
)
 
$
(0.41
)
 
$
(9.55
)
 
$
(4.76
)
Diluted
$
(2.92
)
 
$
(0.41
)
 
$
(9.55
)
 
$
(4.76
)
(1) 
Outstanding equity awards of 8.5 million and 8.0 million for the three months ended September 30, 2017 and 2016, respectively, and 8.5 million and 8.0 million for the nine months ended September 30, 2017 and 2016, respectively, were not included in the computation of diluted earnings per share because to do so would have been antidilutive.