10-Q Filing

CLEAR CHANNEL OUTDOOR HOLDINGS, INC. CIK: 1334978 Q2 2019

Filing Information

Form Type	10-Q
Accession Number	`0001334978-19-000014`
Period End Date	20190630
Filing Date	20190801
Fiscal Year	2019
Fiscal Period	Q2
XBRL Instance	cco-20190630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 88 Income Statement 108 Cash Flow Statement 93 Stockholders Equity 48

Balance Sheet 88 line items

Line Item	Tag	Value	Unit	Period
Allowances for receivables	`AllowanceForDoubtfulAccountsReceivableCurrent`	$26.41M	USD	Point-in-time
Allowances for receivables	`AllowanceForDoubtfulAccountsReceivableCurrent`	$24.22M	USD	Point-in-time
Allowance for related party receivable	`AllowanceForDoubtfulAccountsReceivableNoncurrentRelatedParties`	$855.65M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$182.46M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$372.50M	USD	Point-in-time
Accounts receivable, net of allowance of $26,412 as of June 30, 2019 and $24,224 as of December 31, 2018	`AccountsReceivableNetCurrent`	$656.44M	USD	Point-in-time
Common stock par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Accounts receivable, net of allowance of $26,412 as of June 30, 2019 and $24,224 as of December 31, 2018	`AccountsReceivableNetCurrent`	$706.31M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$95.73M	USD	Point-in-time
Common stock authorized (in shares)	`CommonStockSharesAuthorized`	2.35B	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$66.09M	USD	Point-in-time
Common stock issued (in shares)	`CommonStockSharesIssued`	366.42M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$31.30M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$33.71M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$1.13B	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$1.02B	USD	Point-in-time
Treasury stock (in shares)	`TreasuryStockShares`	495,922.00	shares	Point-in-time
Treasury stock (in shares)	`TreasuryStockShares`	1.11M	shares	Point-in-time
Structures, net	`MachineryAndEquipmentGross`	$970.65M	USD	Point-in-time
Structures, net	`MachineryAndEquipmentGross`	$1.05B	USD	Point-in-time
Other property, plant and equipment, net	`PropertyPlantAndEquipmentOther`	$246.06M	USD	Point-in-time
Other property, plant and equipment, net	`PropertyPlantAndEquipmentOther`	$235.92M	USD	Point-in-time
Indefinite-lived permits	`IndefiniteLivedIntangibleAssetsExcludingGoodwill`	$971.16M	USD	Point-in-time
Indefinite-lived permits	`IndefiniteLivedIntangibleAssetsExcludingGoodwill`	$971.16M	USD	Point-in-time
Gross Carrying Amount	`FiniteLivedIntangibleAssetsGross`	$1.75B	USD	Point-in-time
Gross Carrying Amount	`FiniteLivedIntangibleAssetsGross`	$1.67B	USD	Point-in-time
Other intangibles, net	`FiniteLivedIntangibleAssetsNet`	$252.86M	USD	Point-in-time
Other intangibles, net	`FiniteLivedIntangibleAssetsNet`	$327.32M	USD	Point-in-time
Goodwill	`Goodwill`	$706.00M	USD	Point-in-time
Goodwill	`Goodwill`	$705.06M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$1.98B	USD	Point-in-time
Due from iHeartCommunications, net of allowance of $855,648 as of December 31, 2018	`DueFromRelatedPartiesNoncurrent`	$154.76M	USD	Point-in-time
Due from iHeartCommunications, net of allowance of $855,648 as of December 31, 2018	`DueFromRelatedPartiesNoncurrent`	$1.03B	USD	Point-in-time
Due from iHeartCommunications, net of allowance of $855,648 as of December 31, 2018	`DueFromRelatedPartiesNoncurrent`	$154.80M	USD	Point-in-time
Due from iHeartCommunications, net of allowance of $855,648 as of December 31, 2018	`DueFromRelatedPartiesNoncurrent`	-	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$132.50M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$99.17M	USD	Point-in-time
Total Assets	`Assets`	$6.43B	USD	Point-in-time
Total Assets	`Assets`	$4.52B	USD	Point-in-time
Total Assets	`Assets`	$4.52B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$113.71M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$109.64M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$462.24M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$528.48M	USD	Point-in-time
Current operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$394.08M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$85.05M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$95.98M	USD	Point-in-time
Accrued interest	`InterestAndDividendsPayableCurrent`	$2.34M	USD	Point-in-time
Accrued interest	`InterestAndDividendsPayableCurrent`	$56.99M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$260.00K	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$227.00K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$1.12B	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$729.82M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$5.28B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$5.30B	USD	Point-in-time
Mandatorily redeemable preferred stock	`SharesSubjectToMandatoryRedemptionSettlementTermsAmountNoncurrent`	$44.88M	USD	Point-in-time
Mandatorily redeemable preferred stock	`SharesSubjectToMandatoryRedemptionSettlementTermsAmountNoncurrent`	-	USD	Point-in-time
Mandatorily redeemable preferred stock	`PreferredStockValue`	$44.88M	USD	Point-in-time
Non-current operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$1.62B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$388.12M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$335.01M	USD	Point-in-time
Due to iHeartCommunications	`DueToRelatedPartiesNoncurrentPostBankruptcy`	$21.59M	USD	Point-in-time
Due to iHeartCommunications	`DueToRelatedPartiesNoncurrentPostBankruptcy`	-	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$260.15M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$174.38M	USD	Point-in-time
Total Liabilities	`Liabilities`	$6.62B	USD	Point-in-time
Total Liabilities	`Liabilities`	$8.64B	USD	Point-in-time
Commitments and Contingent liabilities (Note 6)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingent liabilities (Note 6)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$145.56M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$160.36M	USD	Point-in-time
Common stock issued	`CommonStockValue`	$3.66M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$3.09B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$3.14B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-5.00B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-5.16B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-339.74M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-344.49M	USD	Point-in-time
Cost of shares (495,922 at June 30, 2019 and 1,108,538 as of December 31, 2018) held in treasury	`TreasuryStockValue`	$2.42M	USD	Point-in-time
Cost of shares (495,922 at June 30, 2019 and 1,108,538 as of December 31, 2018) held in treasury	`TreasuryStockValue`	$6.58M	USD	Point-in-time
Total Stockholders Deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-2.08B	USD	Point-in-time
Total Stockholders Deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-2.26B	USD	Point-in-time
Total Stockholders Deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-2.21B	USD	Point-in-time
Total Stockholders Deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-2.01B	USD	Point-in-time
Total Stockholders Deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-1.86B	USD	Point-in-time
Total Stockholders Deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-2.10B	USD	Point-in-time
Total Liabilities and Stockholders' Equity (Deficit)	`LiabilitiesAndStockholdersEquity`	$4.52B	USD	Point-in-time
Total Liabilities and Stockholders' Equity (Deficit)	`LiabilitiesAndStockholdersEquity`	$6.43B	USD	Point-in-time

Income Statement 108 line items

Line Item	Tag	Value	Unit	Period
Revenue	`Revenues`	$698.01M	USD	1 Quarter
Revenue	`Revenues`	$1.29B	USD	2 Qtrs
Revenue	`Revenues`	$1.31B	USD	2 Qtrs
Revenue	`Revenues`	$711.98M	USD	1 Quarter
Direct operating expenses (excludes depreciation and amortization)	`DirectOperatingCosts`	$710.86M	USD	2 Qtrs
Direct operating expenses (excludes depreciation and amortization)	`DirectOperatingCosts`	$363.03M	USD	1 Quarter
Direct operating expenses (excludes depreciation and amortization)	`DirectOperatingCosts`	$372.94M	USD	1 Quarter
Direct operating expenses (excludes depreciation and amortization)	`DirectOperatingCosts`	$734.23M	USD	2 Qtrs
Selling, general and administrative expenses (excludes depreciation and amortization)	`SellingGeneralAndAdministrativeExpense`	$257.69M	USD	2 Qtrs
Selling, general and administrative expenses (excludes depreciation and amortization)	`SellingGeneralAndAdministrativeExpense`	$134.72M	USD	1 Quarter
Selling, general and administrative expenses (excludes depreciation and amortization)	`SellingGeneralAndAdministrativeExpense`	$252.70M	USD	2 Qtrs
Selling, general and administrative expenses (excludes depreciation and amortization)	`SellingGeneralAndAdministrativeExpense`	$125.29M	USD	1 Quarter
Corporate expenses (excludes depreciation and amortization)	`OtherGeneralAndAdministrativeExpense`	$37.93M	USD	1 Quarter
Corporate expenses (excludes depreciation and amortization)	`OtherGeneralAndAdministrativeExpense`	$73.36M	USD	2 Qtrs
Corporate expenses (excludes depreciation and amortization)	`OtherGeneralAndAdministrativeExpense`	$38.91M	USD	1 Quarter
Corporate expenses (excludes depreciation and amortization)	`OtherGeneralAndAdministrativeExpense`	$67.52M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$82.77M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$155.25M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$80.17M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$166.83M	USD	2 Qtrs
Other operating income (expense), net	`OtherOperatingIncomeExpenseNet`	$929.00K	USD	1 Quarter
Other operating income (expense), net	`OtherOperatingIncomeExpenseNet`	$1.27M	USD	1 Quarter
Other operating income (expense), net	`OtherOperatingIncomeExpenseNet`	$875.00K	USD	2 Qtrs
Other operating income (expense), net	`OtherOperatingIncomeExpenseNet`	$-2.25M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$84.14M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$91.56M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$93.99M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$82.45M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$96.78M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$107.97M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$194.04M	USD	2 Qtrs
Interest expense, net	`InterestExpense`	$222.83M	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-5.47M	USD	2 Qtrs
Loss on Due from iHeartCommunications	`GainLossOnRelatedPartyTransaction`	-	USD	2 Qtrs
Loss on Due from iHeartCommunications	`GainLossOnRelatedPartyTransaction`	-	USD	1 Quarter
Loss on Due from iHeartCommunications	`GainLossOnRelatedPartyTransaction`	$-5.78M	USD	1 Quarter
Loss on Due from iHeartCommunications	`GainLossOnRelatedPartyTransaction`	$-5.78M	USD	2 Qtrs
Other expense, net	`NonoperatingIncomeExpense`	$-35.40M	USD	1 Quarter
Other expense, net	`NonoperatingIncomeExpense`	$-9.20M	USD	1 Quarter
Other expense, net	`NonoperatingIncomeExpense`	$-15.76M	USD	2 Qtrs
Other expense, net	`NonoperatingIncomeExpense`	$-9.77M	USD	2 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-40.50M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-125.66M	USD	2 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-38.19M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-152.29M	USD	2 Qtrs
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$28.67M	USD	2 Qtrs
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$4.75M	USD	1 Quarter
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$-29.09M	USD	1 Quarter
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$50.12M	USD	2 Qtrs
Consolidated net loss	`ProfitLoss`	$-180.96M	USD	2 Qtrs
Consolidated net loss	`ProfitLoss`	$-42.94M	USD	1 Quarter
Consolidated net loss	`ProfitLoss`	$-11.40M	USD	1 Quarter
Consolidated net loss	`ProfitLoss`	$-175.78M	USD	2 Qtrs
Less amount attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-466.00K	USD	1 Quarter
Less amount attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$3.02M	USD	2 Qtrs
Less amount attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-5.85M	USD	2 Qtrs
Less amount attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$7.44M	USD	1 Quarter
Net loss attributable to the Company	`NetIncomeLoss`	$-175.11M	USD	2 Qtrs
Net loss attributable to the Company	`NetIncomeLoss`	$-50.38M	USD	1 Quarter
Net loss attributable to the Company	`NetIncomeLoss`	$-178.81M	USD	2 Qtrs
Net loss attributable to the Company	`NetIncomeLoss`	$-10.94M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-11.84M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-18.62M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$2.72M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$172.00K	USD	1 Quarter
Other adjustments to comprehensive income (loss)	`OtherComprehensiveIncomeOtherNetOfTax`	-	USD	1 Quarter
Other adjustments to comprehensive income (loss)	`OtherComprehensiveIncomeOtherNetOfTax`	-	USD	2 Qtrs
Other adjustments to comprehensive income (loss)	`OtherComprehensiveIncomeOtherNetOfTax`	$2.59M	USD	1 Quarter
Other adjustments to comprehensive income (loss)	`OtherComprehensiveIncomeOtherNetOfTax`	$2.59M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$2.76M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-11.84M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$5.31M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-18.62M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-69.00M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-8.18M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-190.64M	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-169.79M	USD	2 Qtrs
Less amount attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-7.92M	USD	1 Quarter
Less amount attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$563.00K	USD	2 Qtrs
Less amount attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-2.68M	USD	2 Qtrs
Less amount attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-3.02M	USD	1 Quarter
Comprehensive loss attributable to the Company	`ComprehensiveIncomeNetOfTax`	$-5.15M	USD	1 Quarter
Comprehensive loss attributable to the Company	`ComprehensiveIncomeNetOfTax`	$-61.08M	USD	1 Quarter
Comprehensive loss attributable to the Company	`ComprehensiveIncomeNetOfTax`	$-170.36M	USD	2 Qtrs
Comprehensive loss attributable to the Company	`ComprehensiveIncomeNetOfTax`	$-187.96M	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.48	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.03	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.49	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.14	USD	1 Quarter
Weighted average common shares outstanding Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	362.23M	shares	2 Qtrs
Weighted average common shares outstanding Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	361.61M	shares	2 Qtrs
Weighted average common shares outstanding Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	362.41M	shares	1 Quarter
Weighted average common shares outstanding Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	361.71M	shares	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.49	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.03	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.48	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.14	USD	1 Quarter
Weighted average common shares outstanding Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	362.23M	shares	2 Qtrs
Weighted average common shares outstanding Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	361.71M	shares	1 Quarter
Weighted average common shares outstanding Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	362.41M	shares	1 Quarter
Weighted average common shares outstanding Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	361.61M	shares	2 Qtrs
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.08	USD	2 Qtrs
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	-	USD	1 Quarter
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	-	USD	2 Qtrs
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	-	USD	1 Quarter

Cash Flow Statement 93 line items

Line Item	Tag	Value	Unit	Period
Consolidated net loss	`ProfitLoss`	$-180.96M	USD	2 Qtrs
Consolidated net loss	`ProfitLoss`	$-42.94M	USD	1 Quarter
Consolidated net loss	`ProfitLoss`	$-11.40M	USD	1 Quarter
Consolidated net loss	`ProfitLoss`	$-175.78M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$82.77M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$155.25M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$80.17M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$166.83M	USD	2 Qtrs
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$-15.14M	USD	2 Qtrs
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$46.50M	USD	2 Qtrs
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$-1.19M	USD	1 Quarter
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$29.59M	USD	1 Quarter
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$3.32M	USD	2 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$4.42M	USD	2 Qtrs
Amortization of deferred financing charges and note discounts, net	`AmortizationOfFinancingCostsAndDiscounts`	$5.23M	USD	2 Qtrs
Amortization of deferred financing charges and note discounts, net	`AmortizationOfFinancingCostsAndDiscounts`	$5.29M	USD	2 Qtrs
Share-based compensation	`ShareBasedCompensation`	$10.39M	USD	2 Qtrs
Share-based compensation	`ShareBasedCompensation`	$3.62M	USD	2 Qtrs
(Gain) loss on disposal of operating and other assets	`GainLossOnSaleOfPropertyPlantEquipment`	$1.11M	USD	2 Qtrs
(Gain) loss on disposal of operating and other assets	`GainLossOnSaleOfPropertyPlantEquipment`	$-2.09M	USD	2 Qtrs
Loss on Due from iHeartCommunications	`LossOnRelatedPartyDebt`	-	USD	2 Qtrs
Loss on Due from iHeartCommunications	`LossOnRelatedPartyDebt`	$5.78M	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-5.47M	USD	2 Qtrs
Foreign exchange transaction loss	`ForeignCurrencyTransactionGainLossBeforeTax`	$-14.54M	USD	2 Qtrs
Foreign exchange transaction loss	`ForeignCurrencyTransactionGainLossBeforeTax`	$-3.62M	USD	2 Qtrs
Other reconciling items, net	`OtherNoncashIncomeExpense`	$1.10M	USD	2 Qtrs
Other reconciling items, net	`OtherNoncashIncomeExpense`	$2.79M	USD	2 Qtrs
Decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-7.84M	USD	2 Qtrs
Decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-44.82M	USD	2 Qtrs
Increase in prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$34.95M	USD	2 Qtrs
Increase in prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$25.22M	USD	2 Qtrs
Decrease in accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-25.19M	USD	2 Qtrs
Decrease in accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-30.79M	USD	2 Qtrs
Increase (decrease) in accounts payable	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$19.46M	USD	2 Qtrs
Increase (decrease) in accounts payable	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$-3.36M	USD	2 Qtrs
Increase in accrued interest	`IncreaseDecreaseInInterestPayableNet`	$488.00K	USD	2 Qtrs
Increase in accrued interest	`IncreaseDecreaseInInterestPayableNet`	$55.63M	USD	2 Qtrs
Increase in deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$10.54M	USD	2 Qtrs
Increase in deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$42.79M	USD	2 Qtrs
Changes in other operating assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$10.80M	USD	2 Qtrs
Changes in other operating assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-14.27M	USD	2 Qtrs
Net cash provided by (used for) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$65.87M	USD	2 Qtrs
Net cash provided by (used for) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$55.13M	USD	2 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$51.11M	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$79.28M	USD	2 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$32.64M	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$61.31M	USD	2 Qtrs
Proceeds from disposal of assets	`ProceedsFromSaleOfProductiveAssets`	$2.52M	USD	2 Qtrs
Proceeds from disposal of assets	`ProceedsFromSaleOfProductiveAssets`	$3.04M	USD	2 Qtrs
Change in other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-12.00K	USD	2 Qtrs
Change in other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-76.00K	USD	2 Qtrs
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-58.26M	USD	2 Qtrs
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-76.69M	USD	2 Qtrs
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$2.24B	USD	2 Qtrs
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	2 Qtrs
Proceeds from issuance of mandatorily redeemable preferred stock	`ProceedsFromIssuanceOfRedeemablePreferredStock`	-	USD	2 Qtrs
Proceeds from issuance of mandatorily redeemable preferred stock	`ProceedsFromIssuanceOfRedeemablePreferredStock`	$43.80M	USD	2 Qtrs
Payments on long-term debt	`RepaymentsOfLongTermDebt`	$2.20B	USD	2 Qtrs
Payments on long-term debt	`RepaymentsOfLongTermDebt`	$316.00K	USD	2 Qtrs
Net transfers from iHeartCommunications	`ProceedsFromPaymentsToTransfersWithRelatedParty`	$43.40M	USD	2 Qtrs
Net transfers from iHeartCommunications	`ProceedsFromPaymentsToTransfersWithRelatedParty`	$60.75M	USD	2 Qtrs
Proceeds from settlement of Due from iHeartCommunications	`ProceedsFromRelatedPartyDebt`	$115.80M	USD	2 Qtrs
Proceeds from settlement of Due from iHeartCommunications	`ProceedsFromRelatedPartyDebt`	$8.80M	USD	Point-in-time
Proceeds from settlement of Due from iHeartCommunications	`ProceedsFromRelatedPartyDebt`	-	USD	2 Qtrs
Dividends and other payments to noncontrolling interests	`PaymentsToMinorityShareholders`	$127.00K	USD	2 Qtrs
Dividends and other payments to noncontrolling interests	`PaymentsToMinorityShareholders`	$211.00K	USD	2 Qtrs
Dividends paid	`PaymentsOfDividends`	$30.62M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividends`	$701.00K	USD	2 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$1.30M	USD	2 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$26.80M	USD	2 Qtrs
Change in other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-702.00K	USD	2 Qtrs
Change in other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-2.13M	USD	2 Qtrs
Net cash provided by (used for) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$27.60M	USD	2 Qtrs
Net cash provided by (used for) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$208.33M	USD	2 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-4.32M	USD	2 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$159.00K	USD	2 Qtrs
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$186.94M	USD	2 Qtrs
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$30.89M	USD	2 Qtrs
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$219.20M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$389.80M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$188.31M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$202.87M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$219.20M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$389.80M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$188.31M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$202.87M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$187.30M	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	$161.18M	USD	2 Qtrs
Cash paid for income taxes, net of refunds	`IncomeTaxesPaid`	$21.60M	USD	2 Qtrs
Cash paid for income taxes, net of refunds	`IncomeTaxesPaid`	$20.14M	USD	2 Qtrs

Stockholders Equity 48 line items

Line Item	Tag	Value	Unit	Period
Dividends payable (in dollars per share)	`DividendsPayableAmountPerShare`	$0.08	USD	Point-in-time
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.08	USD	2 Qtrs
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	-	USD	1 Quarter
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	-	USD	2 Qtrs
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	-	USD	1 Quarter
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-2.08B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-2.26B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-2.21B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-2.01B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-1.86B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-2.10B	USD	Point-in-time
Net loss	`ProfitLoss`	$-180.96M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-42.94M	USD	1 Quarter
Net loss	`ProfitLoss`	$-11.40M	USD	1 Quarter
Net loss	`ProfitLoss`	$-175.78M	USD	2 Qtrs
Exercise of stock options and other	`StockIssuedDuringPeriodValueStockOptionsExercised`	$-685.00K	USD	1 Quarter
Exercise of stock options and other	`StockIssuedDuringPeriodValueStockOptionsExercised`	$-2.13M	USD	2 Qtrs
Exercise of stock options and other	`StockIssuedDuringPeriodValueStockOptionsExercised`	$-2.19M	USD	1 Quarter
Exercise of stock options and other	`StockIssuedDuringPeriodValueStockOptionsExercised`	$-702.00K	USD	2 Qtrs
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$10.39M	USD	2 Qtrs
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$3.62M	USD	2 Qtrs
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$1.52M	USD	1 Quarter
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$8.56M	USD	1 Quarter
Dividends and other payments to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$5.86M	USD	1 Quarter
Dividends and other payments to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$5.93M	USD	1 Quarter
Dividends and other payments to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$9.55M	USD	2 Qtrs
Dividends and other payments to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$6.02M	USD	2 Qtrs
Recapitalization of equity	`StockholdersEquityValueRecapitalizationasPartofReorganization`	-	USD	2 Qtrs
Recapitalization of equity	`StockholdersEquityValueRecapitalizationasPartofReorganization`	-	USD	1 Quarter
Capital contributions	`AdjustmentstoAdditionalPaidinCapitalIncreaseFromCapitalContributions`	$114.97M	USD	2 Qtrs
Capital contributions	`AdjustmentstoAdditionalPaidinCapitalIncreaseFromCapitalContributions`	$114.97M	USD	1 Quarter
Distributions	`Dividends`	$30.00M	USD	2 Qtrs
Distributions	`Dividends`	$65.94M	USD	1 Quarter
Distributions	`Dividends`	$65.94M	USD	2 Qtrs
Other	`StockholdersEquityOther`	$-10.00K	USD	2 Qtrs
Other	`StockholdersEquityOther`	$-57.00K	USD	1 Quarter
Other	`StockholdersEquityOther`	$-10.00K	USD	1 Quarter
Other	`StockholdersEquityOther`	$-57.00K	USD	2 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$2.76M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$-11.84M	USD	2 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$5.31M	USD	2 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$-18.62M	USD	1 Quarter
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-2.08B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-2.26B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-2.21B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-2.01B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-1.86B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-2.10B	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.