SEGMENT DATA (Tables)

9 Months Ended

Sep. 30, 2017

The following table presents the Company's reportable segment results for the three and nine months ended September 30, 2017 and 2016:



(In thousands)	iHM		Americas Outdoor		International Outdoor		Other			Corporate and other reconciling items			Eliminations			Consolidated
Three Months Ended September 30, 2017
Revenue	$	859,531	$	316,587	$	328,502	$	34,452		$	—		$	(1,656	)	$	1,537,416
Direct operating expenses	265,795		141,609		214,491		—			—			—			621,895
Selling, general and administrative expenses	287,676		54,689		73,708		23,298			—			(717		)	438,654
Corporate expenses	—		—		—		—			78,906			(939		)	77,967
Depreciation and amortization	58,089		47,035		32,886		3,893			7,846			—			149,749
Impairment charges	—		—		—		—			7,631			—			7,631
Other operating expense, net	—		—		—		—			(13,215		)	—			(13,215		)
Operating income (loss)	$	247,971	$	73,254	$	7,417	$	7,261		$	(107,598	)	$	—		$	228,305
Intersegment revenues	$	—	$	1,656	$	—	$	—		$	—		$	—		$	1,656
Capital expenditures	$	14,009	$	5,118	$	26,211	$	184		$	2,802		$	—		$	48,324
Share-based compensation expense	$	—	$	—	$	—	$	—		$	3,539		$	—		$	3,539

Three Months Ended September 30, 2016
Revenue	$	857,099	$	322,997	$	346,224	$	41,414		$	—		$	(1,152	)	$	1,566,582
Direct operating expenses	229,668		142,989		219,261		(178		)	—			—			591,740
Selling, general and administrative expenses	268,612		54,500		71,664		27,466			—			(542		)	421,700
Corporate expenses	—		—		—		—			87,442			(610		)	86,832
Depreciation and amortization	60,691		47,242		37,018		4,483			9,019			—			158,453
Impairment charges	—		—		—		—			8,000			—			8,000
Other operating expense, net	—		—		—		—			(505		)	—			(505		)
Operating income (loss)	$	298,128	$	78,266	$	18,281	$	9,643		$	(104,966	)	$	—		$	299,352
Intersegment revenues	$	—	$	1,152	$	—	$	—		$	—		$	—		$	1,152
Capital expenditures	$	23,238	$	19,114	$	30,803	$	582		$	3,596		$	—		$	77,333
Share-based compensation expense	$	—	$	—	$	—	$	—		$	3,484		$	—		$	3,484



(In thousands)	iHM		Americas Outdoor		International Outdoor		Other		Corporate and other reconciling items			Eliminations			Consolidated
Nine Months Ended September 30, 2017
Revenue	$	2,501,084	$	919,967	$	942,167	$	99,332	$	—		$	(5,444	)	$	4,457,106
Direct operating expenses	773,327		427,181		607,023		3		—			—			1,807,534
Selling, general and administrative expenses	894,669		165,538		204,531		74,519		—			(2,694		)	1,336,563
Corporate expenses	—		—		—		—		236,237			(2,750		)	233,487
Depreciation and amortization	174,946		137,689		95,149		11,097		24,769			—			443,650
Impairment charges	—		—		—		—		7,631			—			7,631
Other operating income, net	—		—		—		—		24,785			—			24,785
Operating income (loss)	$	658,142	$	189,559	$	35,464	$	13,713	$	(243,852	)	$	—		$	653,026
Intersegment revenues	$	—	$	5,444	$	—	$	—	$	—		$	—		$	5,444
Capital expenditures	$	44,353	$	48,749	$	83,851	$	551	$	7,440		$	—		$	184,944
Share-based compensation expense	$	—	$	—	$	—	$	—	$	9,020		$	—		$	9,020

Nine Months Ended September 30, 2016
Revenue	$	2,463,899	$	931,058	$	1,035,263	$	114,663	$	—		$	(2,031	)	$	4,542,852
Direct operating expenses	704,097		421,039		645,199		1,255		—			—			1,771,590
Selling, general and administrative expenses	812,344		167,660		220,872		82,394		—			(1,421		)	1,281,849
Corporate expenses	—		—		—		—		252,958			(610		)	252,348
Depreciation and amortization	182,506		140,883		113,075		12,809		26,780			—			476,053
Impairment charges	—		—		—		—		8,000			—			8,000
Other operating income, net	—		—		—		—		219,768			—			219,768
Operating income (loss)	$	764,952	$	201,476	$	56,117	$	18,205	$	(67,970	)	$	—		$	972,780
Intersegment revenues	$	—	$	2,031	$	—	$	—	$	—		$	—		$	2,031
Capital expenditures	$	46,303	$	47,808	$	97,487	$	1,758	$	7,682		$	—		$	201,038
Share-based compensation expense	$	—	$	—	$	—	$	—	$	10,350		$	—		$	10,350