XML 28 R5.htm IDEA: XBRL DOCUMENT v3.24.0.1
CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Income Statement [Abstract]      
Revenue $ 3,751,025 $ 3,912,283 $ 3,558,340
Operating expenses:      
Direct operating expenses (excludes depreciation and amortization) 1,494,234 1,480,326 1,324,657
Selling, general and administrative expenses (excludes depreciation and amortization) 1,656,171 1,592,946 1,519,355
Depreciation and amortization 428,483 445,664 469,417
Impairment charges 965,087 311,489 57,734
Other operating expense, net 4,361 24,998 32,320
Operating income (loss) (797,311) 56,860 154,857
Interest expense, net 389,775 341,674 332,384
Gain (loss) on investments, net (28,130) (1,045) 43,643
Equity in loss of nonconsolidated affiliates (3,530) (11) (1,138)
Gain (loss) on extinguishment of debt 56,724 30,214 (11,600)
Other expense, net (655) (2,295) (3,376)
Loss before income taxes (1,162,677) (257,951) (149,998)
Income tax benefit (expense) 62,338 (4,719) (8,391)
Net loss (1,100,339) (262,670) (158,389)
Less amount attributable to noncontrolling interest 2,321 1,993 810
Net loss attributable to the Company (1,102,660) (264,663) (159,199)
Other comprehensive income (loss) net of tax:      
Foreign currency translation adjustments 203 (1,074) (451)
Other Comprehensive income (loss) 203 (1,074) (451)
Comprehensive loss (1,102,457) (265,737) (159,650)
Less amount attributable to noncontrolling interest 0 0 0
Comprehensive loss attributable to the Company $ (1,102,457) $ (265,737) $ (159,650)
Net loss attributable to the Company per common share:      
Basic (in dollars per share) $ (7.39) $ (1.79) $ (1.09)
Weighted average common shares outstanding - Basic (in shares) 149,255 148,058 146,726
Diluted (in dollars per share) $ (7.39) $ (1.79) $ (1.09)
Weighted average common shares outstanding - Diluted (in shares) 149,255 148,058 146,726