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SEGMENT DATA (Tables)

6 Months Ended

Jun. 30, 2019

Segment Reporting [Abstract]

Schedule of Reportable Segment Results

The following table presents the Company's segment results for the Successor Company for the Period from May 2, 2019 through June 30, 2019:

Successor Company
(In thousands)	Audio				Audio & Media Services				Corporate and other reconciling items				Eliminations				Consolidated
Period from May 2, 2019 through June 30, 2019
Revenue	$	596,230			$	40,537			$	—			$	(1,121	)		$	635,646
Direct operating expenses	179,471				4,872				—				(52		)		184,291
Selling, general and administrative expenses	206,006				22,195				—				(1,061		)		227,140
Corporate expenses	—				—				34,398				(8		)		34,390
Depreciation and amortization	54,577				3,619				1,187				—				59,383
Other operating expense, net	—				—				3,246				—				3,246
Operating income (loss)	$	156,176			$	9,851			$	(32,339	)		$	—			$	133,688
Intersegment revenues	$	112			$	1,009			$	—			$	—			$	1,121
Capital expenditures	$	13,554			$	830			$	3,051			$	—			$	17,435
Share-based compensation expense	$	—			$	—			$	3,039			$	—			$	3,039

Predecessor Company
(In thousands)	Audio				Audio and Media Services				Corporate and other reconciling items				Eliminations				Consolidated
Period from April 1, 2019 through May 1, 2019
Revenue	$	260,461			$	17,970			$	—			$	(757	)		$	277,674
Direct operating expenses	90,254				2,549				—				(222		)		92,581
Selling, general and administrative expenses	93,880				10,203				—				(531		)		103,552
Corporate expenses									18,983				(4		)		18,979
Depreciation and amortization	11,682				1,204				1,658				—				14,544
Other operating expense, net	—				—				(127		)		—				(127		)
Operating income (loss)	$	64,645			$	4,014			$	(20,768	)		$	—			$	47,891
Intersegment revenues	$	56			$	701			$	—			$	—			$	757
Capital expenditures	$	11,136			$	577			$	1,530			$	—			$	13,243
Share-based compensation expense	$	—			$	—			$	105			$	—			$	105
Three Months Ended June 30, 2018
Revenue	$	831,948			$	61,417			$	—			$	(1,601	)		$	891,764
Direct operating expenses	256,861				6,930				—				(39		)		263,752
Selling, general and administrative expenses	298,644				31,118				—				(1,562		)		328,200
Corporate expenses	—				—				52,478				—				52,478
Depreciation and amortization	55,245				4,508				5,124				—				64,877
Other operating expense, net	—				—				(1,218		)		—				(1,218		)
Operating income (loss)	$	221,198			$	18,861			$	(58,820	)		$	—			$	181,239
Intersegment revenues	$	—			$	1,601			$	—			$	—			$	1,601
Capital expenditures	$	14,877			$	654			$	1,744			$	—			$	17,275
Share-based compensation expense	$	—			$	—			$	594			$	—			$	594
Period from January 1, 2019 through May 1, 2019
Revenue	$	1,006,677			$	69,362			$	—			$	(2,568	)		$	1,073,471
Direct operating expenses	350,501				9,559				—				(364		)		359,696
Selling, general and administrative expenses	396,032				42,497				—				(2,184		)		436,345
Corporate expenses									66,040				(20		)		66,020
Depreciation and amortization	40,982				5,266				6,586				—				52,834
Impairment charges	—				—				91,382				—				91,382
Other operating expense, net	—				—				(154		)		—				(154		)
Operating income (loss)	$	219,162			$	12,040			$	(164,162	)		$	—			$	67,040
Intersegment revenues	$	243			$	2,325			$	—			$	—			$	2,568
Capital expenditures	$	31,177			$	1,263			$	3,757			$	—			$	36,197
Share-based compensation expense	$	—			$	—			$	498			$	—			$	498
Six Months Ended June 30, 2018
Revenue	$	1,557,050			$	110,759			$	—			$	(3,273	)		$	1,664,536
Direct operating expenses	490,802				14,108				—				(92		)		504,818
Selling, general and administrative expenses	614,561				62,898				—				(3,167		)		674,292
Corporate expenses	—				—				105,390				(14		)		105,376
Depreciation and amortization	112,294				9,558				10,399				—				132,251
Other operating income, net	—				—				(4,450		)		—				(4,450		)
Operating income (loss)	$	339,393			$	24,195			$	(120,239	)		$	—			$	243,349
Intersegment revenues	$	—			$	3,273			$	—			$	—			$	3,273
Capital expenditures	$	23,878			$	770			$	2,658			$	—			$	27,306
Share-based compensation expense	$	—			$	—			$	1,172			$	—			$	1,172

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8813-108599

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13816-109267

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 21
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8721-108599

Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599

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No definition available.

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