0001400891-17-000040.txt : 20171108 0001400891-17-000040.hdr.sgml : 20171108 20171108065412 ACCESSION NUMBER: 0001400891-17-000040 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 53 CONFORMED PERIOD OF REPORT: 20170930 FILED AS OF DATE: 20171108 DATE AS OF CHANGE: 20171108 FILER: COMPANY DATA: COMPANY CONFORMED NAME: iHeartMedia, Inc. CENTRAL INDEX KEY: 0001400891 STANDARD INDUSTRIAL CLASSIFICATION: RADIO BROADCASTING STATIONS [4832] IRS NUMBER: 260241222 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 000-53354 FILM NUMBER: 171185023 BUSINESS ADDRESS: STREET 1: 20880 STONE OAK PARKWAY CITY: SAN ANTONIO STATE: TX ZIP: 78258 BUSINESS PHONE: 210-822-2828 MAIL ADDRESS: STREET 1: 20880 STONE OAK PARKWAY CITY: SAN ANTONIO STATE: TX ZIP: 78258 FORMER COMPANY: FORMER CONFORMED NAME: CC Media Holdings Inc DATE OF NAME CHANGE: 20090721 FORMER COMPANY: FORMER CONFORMED NAME: C C Media Holdings Inc DATE OF NAME CHANGE: 20070730 FORMER COMPANY: FORMER CONFORMED NAME: BT Triple Crown Capital Holdings III, Inc. DATE OF NAME CHANGE: 20070524 10-Q 1 ihmedia10-q2017q3.htm 10-Q Document
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-Q
[X]
QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED SEPTEMBER 30, 2017
 
 
[   ]
TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
ACT OF 1934 FOR THE TRANSITION PERIOD FROM _________ TO __________
Commission File Number
000-53354
IHEARTMEDIA, INC.
(Exact name of registrant as specified in its charter)
Delaware
 
26-0241222
(State or other jurisdiction of
incorporation or organization)
 
(I.R.S. Employer Identification No.)
 
 
 
20880 Stone Oak Parkway
San Antonio, Texas
 
78258
(Address of principal executive offices)
 
(Zip Code)
(210) 822-2828
(Registrant’s telephone number, including area code)
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.   Yes [X] No [   ]
 
Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).   Yes [X] No [  ]
 
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act.
Large accelerated filer [   ]   Accelerated filer [   ]   Non-accelerated filer [X]  Smaller reporting company [   ] Emerging growth company [ ]
 
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [ ]
 
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes [  ] No [X]
 
Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date.
 
 
 
 
 
 
 
Class
 
Outstanding at November 6, 2017
 
 
~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~
 
~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~
 
 
Class A Common Stock, $.001 par value
 
32,079,841

(1) 
 
 
Class B Common Stock, $.001 par value
 
555,556

 
 
 
Class C Common Stock, $.001 par value
 
58,967,502

 
 
 
Class D Common Stock, $.001 par value
 
—

 
 
 
 
 
 
 
 
 
(1)    Outstanding Class A common stock includes 111,291 shares owned by a subsidiary


IHEARTMEDIA, INC.
INDEX
 
 
Page No.
Part I – Financial Information
 
Item 1.
 
 
 
 
Item 2.
Item 3.
Item 4.
Part II – Other Information
 
Item 1.
Item 1A.
Item 2.
Item 3.
Item 4.
Item 5.
Item 6.



PART I – FINANCIAL INFORMATION
ITEM 1. FINANCIAL STATEMENTS
IHEARTMEDIA, INC. AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
(In thousands, except share data)
September 30,
2017
 
December 31,
2016
 
(Unaudited)
 
 
CURRENT ASSETS
 
 
 
Cash and cash equivalents
$
286,370

 
$
845,030

Accounts receivable, net of allowance of $40,510 in 2017 and $33,882 in 2016
1,433,019

 
1,364,404

Prepaid expenses
230,209

 
184,586

Assets held for sale
—

 
55,602

Other current assets
77,876

 
55,065

Total Current Assets
2,027,474

 
2,504,687

PROPERTY, PLANT AND EQUIPMENT
 
 
 
Structures, net
1,152,066

 
1,196,676

Other property, plant and equipment, net
735,997

 
751,486

INTANGIBLE ASSETS AND GOODWILL
 
 
 
Indefinite-lived intangibles - licenses
2,408,184

 
2,413,899

Indefinite-lived intangibles - permits
977,152

 
960,966

Other intangibles, net
596,287

 
740,508

Goodwill
4,083,589

 
4,066,575

OTHER ASSETS
 
 
 
Other assets
276,511

 
227,450

Total Assets
$
12,257,260

 
$
12,862,247

CURRENT LIABILITIES
 

 
 

Accounts payable
$
157,217

 
$
142,600

Accrued expenses
718,458

 
724,793

Accrued interest
149,533

 
264,170

Deferred income
215,410

 
200,103

Current portion of long-term debt
619,003

 
342,908

Total Current Liabilities
1,859,621

 
1,674,574

Long-term debt
19,995,897

 
20,022,080

Deferred income taxes
1,460,882

 
1,457,095

Other long-term liabilities
618,575

 
593,973

Commitments and contingent liabilities (Note 4)


 


STOCKHOLDERS’ DEFICIT
 
 
 
Noncontrolling interest
114,133

 
135,778

Class A Common Stock, par value $.001 per share, authorized 400,000,000 shares, issued 32,680,481 and 31,502,448 shares in 2017 and 2016, respectively
32

 
31

Class B Common Stock, par value $.001 per share, authorized 150,000,000 shares, issued 555,556 shares in 2017 and 2016
1

 
1

Class C Common Stock, par value $.001 per share, authorized 100,000,000 shares, issued 58,967,502 shares in 2017 and 2016
59

 
59

Class D Common Stock, par value $.001 per share, authorized 200,000,000 shares, no shares issued in 2017 and 2016
—

 
—

Additional paid-in capital
2,072,091

 
2,070,603

Accumulated deficit
(13,544,381
)
 
(12,733,952
)
Accumulated other comprehensive loss
(317,208
)
 
(355,876
)
Cost of shares (581,707 in 2017 and 389,920 in 2016) held in treasury
(2,442
)
 
(2,119
)
Total Stockholders' Deficit
(11,677,715
)
 
(10,885,475
)
Total Liabilities and Stockholders' Deficit
$
12,257,260

 
$
12,862,247

See Notes to Consolidated Financial Statements

1


IHEARTMEDIA, INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS
(UNAUDITED)
(In thousands, except per share data)
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2017
 
2016
 
2017
 
2016
Revenue
$
1,537,416

 
$
1,566,582

 
$
4,457,106

 
$
4,542,852

Operating expenses:
 
 
 
 
 
 
 
Direct operating expenses (excludes depreciation and amortization)
621,895

 
591,740

 
1,807,534

 
1,771,590

Selling, general and administrative expenses (excludes depreciation and amortization)
438,654

 
421,700

 
1,336,563

 
1,281,849

Corporate expenses (excludes depreciation and amortization)
77,967

 
86,832

 
233,487

 
252,348

Depreciation and amortization
149,749

 
158,453

 
443,650

 
476,053

Impairment charges
7,631

 
8,000

 
7,631

 
8,000

Other operating income (expense), net
(13,215
)
 
(505
)
 
24,785

 
219,768

Operating income
228,305

 
299,352

 
653,026

 
972,780

Interest expense
470,250

 
459,852

 
1,388,747

 
1,389,793

Loss on investments, net
(2,173
)
 
(13,767
)
 
(2,433
)
 
(13,767
)
Equity in earnings (loss) of nonconsolidated affiliates
(2,238
)
 
1,117

 
(2,240
)
 
(926
)
Gain on extinguishment of debt
—

 
157,556

 
—

 
157,556

Other income (expense), net
2,223

 
(7,323
)
 
(11,244
)
 
(47,054
)
Loss before income taxes
(244,133
)
 
(22,917
)
 
(751,638
)
 
(321,204
)
Income tax expense
(2,051
)
 
(5,613
)
 
(50,143
)
 
(42,243
)
Consolidated net loss
(246,184
)
 
(28,530
)
 
(801,781
)
 
(363,447
)
Less amount attributable to noncontrolling interest
1,993

 
6,471

 
8,648

 
38,950

Net loss attributable to the Company
$
(248,177
)
 
$
(35,001
)
 
$
(810,429
)
 
$
(402,397
)
Other comprehensive income (loss), net of tax:
 
 
 
 
 
 
 
Foreign currency translation adjustments
13,010

 
7,356

 
44,665

 
43,797

Unrealized holding loss on marketable securities
(320
)
 
(290
)
 
(218
)
 
(635
)
Reclassification adjustments
6,207

 
—

 
4,563

 
32,823

Other adjustments to comprehensive income (loss)
—

 
193

 
—

 
(3,551
)
Other comprehensive income
18,897

 
7,259

 
49,010

 
72,434

Comprehensive loss
(229,280
)
 
(27,742
)
 
(761,419
)
 
(329,963
)
Less amount attributable to noncontrolling interest
4,289

 
1,235

 
10,342

 
6,365

Comprehensive loss attributable to the Company
$
(233,569
)
 
$
(28,977
)
 
$
(771,761
)
 
$
(336,328
)
Net loss attributable to the Company per common share:
 
 
 
 
 
 
 
Basic
$
(2.92
)
 
$
(0.41
)
 
$
(9.55
)
 
$
(4.76
)
Weighted average common shares outstanding - Basic
85,072

 
84,650

 
84,900

 
84,510

Diluted
$
(2.92
)
 
$
(0.41
)
 
$
(9.55
)
 
$
(4.76
)
Weighted average common shares outstanding - Diluted
85,072

 
84,650

 
84,900

 
84,510

See Notes to Consolidated Financial Statements

2


IHEARTMEDIA, INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF CASH FLOWS
(UNAUDITED)
(In thousands)
Nine Months Ended September 30,
 
2017
 
2016
Cash flows from operating activities:
 
 
 
Consolidated net loss
$
(801,781
)
 
$
(363,447
)
Reconciling items:
 
 
 
Impairment charges
7,631

 
8,000

Depreciation and amortization
443,650

 
476,053

Deferred taxes
12,505

 
(14,097
)
Provision for doubtful accounts
20,936

 
20,042

Amortization of deferred financing charges and note discounts, net
42,682

 
51,806

Share-based compensation
9,020

 
10,350

Gain on disposal of operating and other assets
(30,149
)
 
(227,765
)
Loss on investments
2,433

 
13,767

Equity in loss of nonconsolidated affiliates
2,240

 
926

Gain on extinguishment of debt
—

 
(157,556
)
Barter and trade income
(32,953
)
 
(22,126
)
Foreign exchange transaction (gain) loss
(21,602
)
 
46,533

Changes in operating assets and liabilities, net of effects of acquisitions and dispositions:
 
 
 
(Increase) decrease in accounts receivable
(60,984
)
 
16,909

Increase in prepaid expenses and other current assets
(41,306
)
 
(17,836
)
Decrease in accrued expenses
(37,819
)
 
(60,515
)
Increase (decrease) in accounts payable
9,419

 
(39,660
)
Decrease in accrued interest
(78,087
)
 
(92,947
)
Increase in deferred income
3,847

 
37,550

Changes in other operating assets and liabilities
(8,399
)
 
41,435

Net cash used for operating activities
(558,717
)
 
(272,578
)
Cash flows from investing activities:
 
 
 
Purchases of other investments
(29,498
)
 
(33,911
)
Proceeds from sale of other investments
5,059

 
3,256

Purchases of property, plant and equipment
(184,944
)
 
(201,038
)
Proceeds from disposal of assets
71,320

 
604,044

Purchases of other operating assets
(3,224
)
 
(3,464
)
Change in other, net
(3,693
)
 
(2,575
)
Net cash provided by (used for) investing activities
(144,980
)
 
366,312

Cash flows from financing activities:
 
 
 
Draws on credit facilities
60,000

 
—

Payments on credit facilities
(25,909
)
 
(1,728
)
Proceeds from long-term debt
156,000

 
800

Payments on long-term debt
(5,385
)
 
(226,640
)
Payments to purchase noncontrolling interests
(953
)
 
—

Dividends and other payments to noncontrolling interests
(41,083
)
 
(93,371
)
Change in other, net
(5,604
)
 
(1,644
)
Net cash provided by (used for) financing activities
137,066

 
(322,583
)
Effect of exchange rate changes on cash
7,971

 
(919
)
Net decrease in cash and cash equivalents
(558,660
)
 
(229,768
)
Cash and cash equivalents at beginning of period
845,030

 
772,678

Cash and cash equivalents at end of period
$
286,370

 
$
542,910

SUPPLEMENTAL DISCLOSURES:
 
 
 
Cash paid for interest
$
1,426,438

 
$
1,434,482

Cash paid for taxes
31,668

 
39,288

See Notes to Consolidated Financial Statements

3


IHEARTMEDIA, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
(UNAUDITED)

NOTE 1 – BASIS OF PRESENTATION
Preparation of Interim Financial Statements
All references in this Quarterly Report on Form 10-Q to the “Company,” “we,” “us” and “our” refer to iHeartMedia, Inc. and its consolidated subsidiaries. The Company’s reportable segments are iHeartMedia (“iHM”), Americas outdoor advertising (“Americas outdoor” or “Americas outdoor advertising”) and International outdoor advertising (“International outdoor” or “International outdoor advertising”).
The accompanying consolidated financial statements were prepared by the Company pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”) and, in the opinion of management, include all normal and recurring adjustments necessary to present fairly the results of the interim periods shown. Certain information and footnote disclosures normally included in financial statements prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) have been condensed or omitted pursuant to such SEC rules and regulations. Management believes that the disclosures made are adequate to make the information presented not misleading. Due to seasonality and other factors, the results for the interim periods may not be indicative of results for the full year. The financial statements contained herein should be read in conjunction with the consolidated financial statements and notes thereto included in the Company’s 2016 Annual Report on Form 10-K.
The consolidated financial statements include the accounts of the Company and its subsidiaries. Also included in the consolidated financial statements are entities for which the Company has a controlling financial interest or is the primary beneficiary. Investments in companies in which the Company owns 20% to 50% of the voting common stock or otherwise exercises significant influence over operating and financial policies of the company are accounted for under the equity method. All significant intercompany transactions are eliminated in the consolidation process. Certain prior-period amounts have been reclassified to conform to the 2017 presentation.
Going Concern Considerations
During the second quarter of 2014, the FASB issued ASU No. 2014-15, Presentation of Financial Statements - Going Concern (Subtopic 205-40): Disclosure of Uncertainties about an Entity's Ability to Continue as a Going Concern. This update provides U.S. GAAP guidance on management’s responsibility in evaluating whether there is substantial doubt about a company’s ability to continue as a going concern and about related footnote disclosures.  The Company adopted this standard for the year ended December 31, 2016. Under this standard, the Company is required to evaluate whether there is substantial doubt about its ability to continue as a going concern each reporting period, including interim periods.
In evaluating the Company’s ability to continue as a going concern, management considered the conditions and events that could raise substantial doubt about the Company’s ability to continue as a going concern for 12 months following the date the Company’s financial statements were issued (November 8, 2017). Management considered the Company’s current financial condition and liquidity sources, including current funds available, forecasted future cash flows and the Company’s conditional and unconditional obligations due before November 8, 2018.
As of September 30, 2017, the Company had $286.4 million of cash and cash equivalents on its balance sheet, including $222.4 million of cash and cash equivalents held by the Company's subsidiary, Clear Channel Outdoor Holdings, Inc. ("CCOH"). As of September 30, 2017, the Company had $85.0 million of excess availability under iHeartCommunications' receivables-based credit facility, subject to limitations in iHeartCommunications' material financing agreements. A substantial amount of the Company's cash requirements are for debt service obligations. Although the Company has generated operating income in excess of $1.0 billion in each of the years ended December 31, 2016 and 2015, the Company incurred net losses and had negative cash flows from operations for each of these years as a result of significant cash interest payments arising from the Company's substantial debt balance. For the nine months ended September 30, 2017, the Company used cash of $558.7 million for operating activities, which included cash paid for interest of $1,426.4 million. The Company's current forecast indicates it will continue to incur net losses and generate negative cash flows from operating activities as a result of the Company's indebtedness and significant related interest expense. At September 30, 2017, the Company had debt maturities totaling $366.9 million, $308.5 million (net of $277.1 million due to certain of our subsidiaries) and $8,368.9 million in 2017, 2018 and 2019, respectively. In October 2017, iHeartCommunications exchanged $45.0 million principal amount of 11.25% Priority Guarantee Notes due 2021 that were held by a subsidiary of iHeartCommunications for $45.0 million principal amount of 10.0% Senior Notes due 2018 that were held by unaffiliated third parties. After the exchanges, the Company's debt maturities in the next 12 months include, (i) $365.0 million outstanding under iHeartCommunications' receivables-based credit facility, which matures on December 24, 2017, (ii) $51.5 million of 10% Senior Notes due January 15, 2018, (iii) $175.0 million of 6.875% Senior Notes due June 15, 2018 and (iv) $24.8

4


IHEARTMEDIA, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
(UNAUDITED)

million of contractual AHYDO catch-up payments to be made on iHeartCommunications' 14% Senior Notes due 2021 on the interest payment due on August 1, 2018. The Company's forecast includes approximately $1.8 billion in cash interest payments in the next 12 months, of which $344.6 million is payable in the quarter ended December 31, 2017 and $548.2 million is payable in the first quarter of 2018. In addition, in certain circumstances, a committee of the CCOH board of directors formed for the specific purpose of monitoring the Intercompany Note (the “CCOH Intercompany Note Committee”) has the non-exclusive authority to demand payments under the Intercompany Note, as long as the CCOH board of directors declares a simultaneous dividend equal to the amount so demanded.  As of November 8, 2017, the CCOH Intercompany Note Committee has the right pursuant to the terms of the settlement of the derivative litigation filed by CCOH’s stockholders regarding the Intercompany Note but not the obligation, to make a demand on the Intercompany Note. If the CCOH Intercompany Note Committee exercises this right to demand a full repayment of the Intercompany Note and the CCOH board of directors declares a simultaneous dividend, based on the balance of the Intercompany Note outstanding at September 30, 2017, approximately $110.4 million would be payable to the public stockholders of CCOH. If the Company is unable to refinance the amounts outstanding under the receivables-based credit facility, the 10% Senior Notes due January 15, 2018, and/or the 6.875% Senior Notes due June 15, 2018 and take other steps to create additional liquidity, forecasted cash flows are not sufficient for the Company to meet its obligations, including upcoming interest payments and maturities on the Company's outstanding debt, as they become due in the ordinary course of business for a period of 12 months following November 8, 2017. As discussed below, the Company has plans to reduce its principal and interest obligations and to create additional liquidity.
The Company is in advanced negotiations with potential lenders to refinance the amounts outstanding under iHeartCommunications' receivables-based credit facility and currently expects to refinance the amounts outstanding under that facility prior to its maturity. In addition, management is taking actions to maximize cash available to meet the Company’s obligations as they become due in the ordinary course of business. In addition, as more fully described in Note 3, the Company launched notes exchange offers and term loan offers in March 2017, which notes exchange offers and term loan offers remain open as of November 8, 2017. The Company has engaged in discussions with many of its lenders and noteholders regarding the terms of the global exchange offers and term loan offers, which have been revised since launch and remain subject to substantial further revision, but no agreement has been reached with respect to those discussions and the discussions remain ongoing. These actions are intended to mitigate those conditions which raise substantial doubt of the Company’s ability to continue as a going concern for a period within 12 months following November 8, 2017.
While the Company continues to work toward completing the notes exchange offers and the term loan offers or other similar transactions, refinancing the amounts outstanding under the receivables-based credit facility and taking other actions to create additional liquidity, there is no assurance that the notes exchange offers and the term loan offers or other similar transactions, will be completed, that the amount outstanding under the receivables-based credit facility will be refinanced or that the Company will be able to create additional liquidity. The Company’s ability to meet its obligations as they become due in the ordinary course of business for the next 12 months will depend on its ability to achieve forecasted results, its ability to conserve cash, its ability to refinance the amounts outstanding under iHeartCommunications' receivables-based credit facility, its ability to successfully complete the notes exchange offers and the term loan offers or other similar transactions and achieve sufficient cash interest savings therefrom and its ability to complete other liquidity-generating transactions. Based on the uncertainty of achieving these actions and the significance of the forecasted future negative cash flows resulting from the Company's substantial debt balance, including anticipated future cash interest payments (including interest due in the fourth quarter of 2017 and in 2018) and the maturities of the $365.0 million in current borrowings under iHeartCommunications' receivables-based credit facility that matures December 24, 2017, the $51.5 million aggregate principal amount of 10% Senior Notes due January 15, 2018, the $175.0 million aggregate principal amount of 6.875% Senior Notes due June 15, 2018 and the $24.8 million of contractual AHYDO catch-up payments to be made on iHeartCommunications' 14% Senior Notes due 2021 beginning with the interest payment due on August 1, 2018, management has determined that there is substantial doubt as to the Company’s ability to continue as a going concern for a period of 12 months following November 8, 2017.

5


IHEARTMEDIA, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
(UNAUDITED)

New Accounting Pronouncements
During the third quarter of 2015, the FASB issued ASU 2015-14, Revenue from Contracts with Customers (Topic 606): Deferral of the Effective Date. This update provides a one-year deferral of the effective date for ASU No. 2014-09, Revenue from Contracts with Customers.  ASU No. 2014-09 provides guidance for the recognition, measurement and disclosure of revenue resulting from contracts with customers and will supersede virtually all of the current revenue recognition guidance under U.S. GAAP.  The standard is effective for the first interim period within annual reporting periods beginning after December 15, 2017. The two permitted transition methods under the new standard are the full retrospective method, in which case the standard would be applied to each prior reporting period presented and the cumulative effect of applying the standard would be recognized at the earliest period shown, or the modified retrospective method, in which case the cumulative effect of applying the standard would be recognized at the date of initial application. The Company expects to utilize the full retrospective method. The Company has substantially completed its evaluation of the potential changes from adopting the new standard on its future financial reporting and disclosures, which included reviews of contractual terms for all of the Company’s significant revenue streams and the development of an implementation plan. The Company continues to execute on its implementation plan, including detailed policy drafting and training of segment personnel. Based on its evaluation, the Company does not expect material changes to its 2016 or 2017 consolidated revenues, operating income or balance sheets as a result of the implementation of this standard.
During the first quarter of 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842). The new leasing standard presents significant changes to the balance sheets of lessees. Lessor accounting is updated to align with certain changes in the lessee model and the new revenue recognition standard which was issued in the third quarter of 2015. The standard is effective for annual periods, and for interim periods within those annual periods, beginning after December 15, 2018. The Company is currently evaluating the impact of the provisions of this new standard on its consolidated financial statements.
During the first quarter of 2017, the FASB issued ASU 2017-04, Intangibles - Goodwill and Other (Topic 350). This update eliminates the requirement to calculate the implied fair value of goodwill to measure a goodwill impairment charge. Entities will record an impairment charge based on the excess of a reporting unit's carrying amount over its fair value. The standard is effective for annual and any interim impairment tests performed for periods beginning after December 15, 2019. The Company is currently evaluating the impact of the provisions of this new standard on its consolidated financial statements.
During the second quarter of 2017, the FASB issued ASU 2017-09, Compensation - Stock Compensation (Topic 718). This update mandates that entities will apply the modification accounting guidance if the value, vesting conditions or classification of a stock-based award changes. Entities will have to make all of the disclosures about modifications that are required today, in addition to disclosing that compensation expense hasn't changed. Additionally, the new guidance also clarifies that a modification to an award could be significant and therefore require disclosure, even if the modification accounting is not required. The guidance will be applied prospectively to awards modified on or after the adoption date and is effective for annual periods, and interim periods within those annual periods, beginning after December 15, 2017. The Company is currently evaluating the impact of the provisions of this new standard on its consolidated financial statements.

6


IHEARTMEDIA, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
(UNAUDITED)

NOTE 2 – PROPERTY, PLANT AND EQUIPMENT, INTANGIBLE ASSETS AND GOODWILL
Dispositions
In January 2017, Americas outdoor sold its Indianapolis, Indiana market to Fairway Media Group, LLC in exchange for certain assets in Atlanta, Georgia with a fair value of $39.4 million, plus $43.1 million in cash, net of closing costs. The assets acquired as part of the transaction consisted of $9.9 million in fixed assets and $29.5 million in intangible assets (including $2.3 million in goodwill). The Company recognized a net gain of $28.9 million related to the sale, which is included within Other operating income (expense), net.
During the third quarter of 2017, Americas outdoor sold its ownership interest in a joint venture in Canada. As a result, the Company recognized a net loss on sale of $12.1 million, including a $6.3 million cumulative translation adjustment, which is included within Other operating income (expense), net.
Property, Plant and Equipment
The Company’s property, plant and equipment consisted of the following classes of assets as of September 30, 2017 and December 31, 2016, respectively:
(In thousands)
September 30,
2017
 
December 31,
2016
Land, buildings and improvements
$
578,054

 
$
570,566

Structures
2,807,023

 
2,684,673

Towers, transmitters and studio equipment
356,222

 
350,760

Furniture and other equipment
689,227

 
622,848

Construction in progress
93,850

 
91,655

 
4,524,376

 
4,320,502

Less: accumulated depreciation
2,636,313

 
2,372,340

Property, plant and equipment, net
$
1,888,063

 
$
1,948,162

Indefinite-lived Intangible Assets
The Company’s indefinite-lived intangible assets consist of Federal Communications Commission (“FCC”) broadcast licenses in its iHM segment and billboard permits in its Americas outdoor advertising segment. Due to significant differences in both business practices and regulations, billboards in the International outdoor segment are subject to long-term, finite contracts unlike the Company’s permits in the United States and Canada.  Accordingly, there are no indefinite-lived intangible assets in the International outdoor segment.
Annual Impairment Test on Indefinite-lived Intangible Assets
The Company performs its annual impairment test on indefinite-lived intangible assets as of July 1 of each year.
The impairment tests for indefinite-lived intangible assets consist of a comparison between the fair value of the indefinite-lived intangible asset at the market level with its carrying amount. If the carrying amount of the indefinite-lived intangible asset exceeds its fair value, an impairment loss is recognized equal to that excess. After an impairment loss is recognized, the adjusted carrying amount of the indefinite-lived asset is its new accounting basis. The fair value of the indefinite-lived asset is determined using the direct valuation method as prescribed in ASC 805-20-S99. Under the direct valuation method, the fair value of the indefinite-lived assets is calculated at the market level as prescribed by ASC 350-30-35. The Company engaged a third-party valuation firm, to assist it in the development of the assumptions and the Company’s determination of the fair value of its indefinite-lived intangible assets.
The application of the direct valuation method attempts to isolate the income that is attributable to the indefinite-lived intangible asset alone (that is, apart from tangible and identified intangible assets and goodwill). It is based upon modeling a hypothetical “greenfield” build-up to a “normalized” enterprise that, by design, lacks inherent goodwill and whose only other assets have essentially been paid for (or added) as part of the build-up process. The Company forecasts revenue, expenses, and cash flows over a ten-year period for each of its markets in its application of the direct valuation method. The Company also calculates a

7


IHEARTMEDIA, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
(UNAUDITED)

“normalized” residual year which represents the perpetual cash flows of each market. The residual year cash flow was capitalized to arrive at the terminal value of the licenses in each market.
Under the direct valuation method, it is assumed that rather than acquiring indefinite-lived intangible assets as part of a going concern business, the buyer hypothetically develops indefinite-lived intangible assets and builds a new operation with similar attributes from scratch. Thus, the buyer incurs start-up costs during the build-up phase which are normally associated with going concern value. Initial capital costs are deducted from the discounted cash flow model which results in value that is directly attributable to the indefinite-lived intangible assets.
The key assumptions using the direct valuation method are market revenue growth rates, market share, profit margin, duration and profile of the build-up period, estimated start-up capital costs and losses incurred during the build-up period, the risk-adjusted discount rate and terminal values. This data is populated using industry normalized information representing an average FCC license or billboard permit within a market.
The Company recognized impairment charges related to its indefinite-lived intangible assets within one iHM radio market of $6.0 million during the three and nine months ended September 30, 2017. The Company recognized impairment charges related to its indefinite-lived intangible assets of $0.7 million during the three and nine months ended September 30, 2016.
Other Intangible Assets
Other intangible assets include definite-lived intangible assets and permanent easements.  The Company’s definite-lived intangible assets primarily include transit and street furniture contracts, talent and representation contracts, customer and advertiser relationships, and site-leases and other contractual rights, all of which are amortized over the shorter of either the respective lives of the agreements or over the period of time the assets are expected to contribute directly or indirectly to the Company’s future cash flows. Permanent easements are indefinite-lived intangible assets which include certain rights to use real property not owned by the Company.  The Company periodically reviews the appropriateness of the amortization periods related to its definite-lived intangible assets.  These assets are recorded at cost.
The following table presents the gross carrying amount and accumulated amortization for each major class of other intangible assets as of September 30, 2017 and December 31, 2016, respectively:
(In thousands)
September 30, 2017
 
December 31, 2016
 
Gross Carrying Amount
 
Accumulated Amortization
 
Gross Carrying Amount
 
Accumulated Amortization
Transit, street furniture and other outdoor
contractual rights
$
587,099

 
$
(469,982
)
 
$
563,863

 
$
(426,752
)
Customer / advertiser relationships
1,222,518

 
(1,103,001
)
 
1,222,519

 
(1,012,380
)
Talent contracts
319,384

 
(292,932
)
 
319,384

 
(281,060
)
Representation contracts
253,350

 
(236,157
)
 
253,511

 
(229,413
)
Permanent easements
162,920

 
—

 
159,782

 
—

Other
390,302

 
(237,214
)
 
390,171

 
(219,117
)
Total
$
2,935,573

 
$
(2,339,286
)
 
$
2,909,230

 
$
(2,168,722
)
Total amortization expense related to definite-lived intangible assets for the three months ended September 30, 2017 and 2016 was $49.5 million and $55.6 million, respectively. Total amortization expense related to definite-lived intangible assets for the nine months ended September 30, 2017 and 2016 was $148.2 million and $167.7 million, respectively.

8


IHEARTMEDIA, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
(UNAUDITED)

As acquisitions and dispositions occur in the future, amortization expense may vary.  The following table presents the Company’s estimate of amortization expense for each of the five succeeding fiscal years for definite-lived intangible assets:
(In thousands)
 
2018
$
127,795

2019
44,958

2020
38,326

2021
34,815

2022
30,007

Goodwill
Annual Impairment Test to Goodwill
The Company performs its annual impairment test on goodwill as of July 1 of each year.
Each of the U.S. radio markets and outdoor advertising markets are components of the Company. The U.S. radio markets are aggregated into a single reporting unit and the U.S. outdoor advertising markets are aggregated into a single reporting unit for purposes of the goodwill impairment test using the guidance in ASC 350-20-55. The Company also determined that each country within its Americas outdoor segment and International outdoor segment constitutes a separate reporting unit.
The goodwill impairment test is a two-step process. The first step, used to screen for potential impairment, compares the fair value of the reporting unit with its carrying amount, including goodwill. If applicable, the second step, used to measure the amount of the impairment loss, compares the implied fair value of the reporting unit goodwill with the carrying amount of that goodwill.
Each of the Company’s reporting units is valued using a discounted cash flow model which requires estimating future cash flows expected to be generated from the reporting unit and discounting such cash flows to their present value using a risk-adjusted discount rate. Terminal values were also estimated and discounted to their present value. Assessing the recoverability of goodwill requires the Company to make estimates and assumptions about sales, operating margins, growth rates and discount rates based on its budgets, business plans, economic projections, anticipated future cash flows and marketplace data. There are inherent uncertainties related to these factors and management’s judgment in applying these factors.
The Company recognized goodwill impairment of $1.6 million during the three and nine months ended September 30, 2017 related to one market in the Company's International outdoor segment. The Company recognized goodwill impairment of $7.3 million during the three and nine months ended September 30, 2016 related to one market in the Company's International outdoor segment.

9


IHEARTMEDIA, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
(UNAUDITED)

The following table presents the changes in the carrying amount of goodwill in each of the Company’s reportable segments:
(In thousands)
iHM
 
Americas Outdoor Advertising
 
International Outdoor Advertising
 
Other
 
Consolidated
Balance as of December 31, 2015
$
3,288,481

 
$
534,683

 
$
223,892

 
$
81,831

 
$
4,128,887

Impairment
—

 
—

 
(7,274
)
 
—

 
(7,274
)
Dispositions
—

 
(6,934
)
 
(30,718
)
 
—

 
(37,652
)
Foreign currency
—

 
(1,998
)
 
(5,051
)
 
—

 
(7,049
)
Assets held for sale
—

 
(10,337
)
 
—

 
—

 
(10,337
)
Balance as of December 31, 2016
$
3,288,481

 
$
515,414

 
$
180,849

 
$
81,831

 
$
4,066,575

Impairment
—

 
—

 
(1,591
)
 
—

 
(1,591
)
Acquisitions
—

 
2,252

 
—

 
—

 
2,252

Dispositions
—

 
—

 
(1,817
)
 
—

 
(1,817
)
Foreign currency
—

 
654

 
17,427

 
—

 
18,081

Assets held for sale
—

 
89

 
—

 
—

 
89

Balance as of September 30, 2017
$
3,288,481

 
$
518,409

 
$
194,868

 
$
81,831

 
$
4,083,589

NOTE 3 – LONG-TERM DEBT
Long-term debt outstanding as of September 30, 2017 and December 31, 2016 consisted of the following:
(In thousands)
September 30,
2017
 
December 31,
2016
Senior Secured Credit Facilities(1)
$
6,300,000

 
$
6,300,000

Receivables Based Credit Facility Due 2017(2)
365,000

 
330,000

9.0% Priority Guarantee Notes Due 2019
1,999,815

 
1,999,815

9.0% Priority Guarantee Notes Due 2021
1,750,000

 
1,750,000

11.25% Priority Guarantee Notes Due 2021
825,546

 
575,000

9.0% Priority Guarantee Notes Due 2022
1,000,000

 
1,000,000

10.625% Priority Guarantee Notes Due 2023
950,000

 
950,000

Subsidiary Revolving Credit Facility Due 2018(3)
—

 
—

Other secured subsidiary debt(4)
8,681

 
20,987

Total consolidated secured debt
13,199,042

 
12,925,802

 
 
 
 
14.0% Senior Notes Due 2021(5)
1,763,925

 
1,729,168

Legacy Notes(6)
475,000

 
475,000

10.0% Senior Notes Due 2018
96,482

 
347,028

Subsidiary Senior Notes due 2022
2,725,000

 
2,725,000

Subsidiary Senior Subordinated Notes due 2020
2,200,000

 
2,200,000

Clear Channel International B.V. Senior Notes due 2020
375,000

 
225,000

Other subsidiary debt
25,588

 
27,954

Purchase accounting adjustments and original issue discount
(142,796
)
 
(166,961
)
Long-term debt fees
(102,341
)
 
(123,003
)
Total debt
20,614,900

 
20,364,988

Less: current portion
619,003

 
342,908

Total long-term debt
$
19,995,897

 
$
20,022,080


10


IHEARTMEDIA, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
(UNAUDITED)

(1)
Term Loan D and Term Loan E mature in 2019.
(2)
The Receivables Based Credit Facility, which matures December 24, 2017, provides for borrowings up to the lesser of $535.0 million (the revolving credit commitment) or the borrowing base, subject to certain limitations contained in iHeartCommunications' material financing agreements.
(3)
The Subsidiary Revolving Credit Facility provides for borrowings up to $75.0 million (the revolving credit commitment).
(4)
Other secured subsidiary debt matures at various dates from 2017 through 2045.
(5)
The 14.0% Senior Notes due 2021 are subject to required payments at various dates from 2018 through 2021. 2.0% per annum of the interest is paid through the issuance of payment-in-kind notes in the first and third quarters.
(6)
iHeartCommunications' Legacy Notes, all of which were issued prior to the acquisition of iHeartCommunications by the Company in 2008, consist of Senior Notes maturing at various dates in 2018 and 2027, as well as $57.1 million of Senior Notes due 2016 held by a subsidiary of the Company that remain outstanding but are eliminated for purposes of consolidation of the Company’s financial statements.

The Company’s weighted average interest rate was 8.7% and 8.5% as of September 30, 2017 and December 31, 2016, respectively. The aggregate market value of the Company’s debt based on market prices for which quotes were available was approximately $15.8 billion and $16.7 billion as of September 30, 2017 and December 31, 2016, respectively. Under the fair value hierarchy established by ASC 820-10-35, the market value of the Company’s debt is classified as either Level 1 or Level 2.
On January 31, 2017, iHeartCommunications repaid $25.0 million of the amount borrowed under its receivables-based credit facility. On July 31, 2017, iHeartCommunications borrowed an additional $60.0 million on its receivables-based credit facility, bringing the total amount outstanding under this facility as of September 30, 2017 to $365.0 million.
On February 7, 2017, iHeartCommunications completed an exchange offer by issuing $476.4 million in aggregate principal amount of 11.25% Priority Guarantee Notes due 2021 in exchange for $476.4 million of aggregate principal amount outstanding of its 10.0% Senior Notes due 2018. Of the $476.4 million principal amount of 11.25% Priority Guarantee Notes due 2021 issued in the exchange offer, $241.4 million principal amount was issued to subsidiaries of iHeartCommunications that participated in the exchange offer.
On March 15, 2017, iHeartCommunications commenced exchange offers (the “notes exchange offers”) to exchange certain series of its outstanding debt securities (the “Existing Notes”) for new securities of the Company, iHeartCommunications and CC Outdoor Holdings, Inc., a wholly-owned subsidiary of the Company, and concurrent consent solicitations with respect to the terms of the Existing Notes. On March 15, 2017, the Company also commenced offers (the “term loan offers”) to amend its outstanding Term Loan D and Term Loan E under its senior secured credit facilities and/or to issue new securities of the Company, CC Outdoor Holdings, Inc., Broader Media, LLC and/or iHeartCommunications to the lenders depending on the scenario in which the notes exchange offers and the term loan offers close. The terms of the notes exchange offers and the term loan offers have been revised and are subject to substantial further revision, and the offers may never be consummated, on the terms currently proposed or otherwise. Both the notes exchange offers and the term loan offers were open as of November 8, 2017.
On July 10, 2017, a subsidiary of iHeartCommunications exchanged $15.6 million aggregate principal amount of 11.25% Priority Guarantee Notes due 2021 that were held by a subsidiary of iHeartCommunications for $15.6 million aggregate principal amount of its 10.0% Senior Notes due 2018 that were held by an unaffiliated third party.
On August 14, 2017, Clear Channel International B.V. (“CCIBV”), an indirect subsidiary of the Company, issued $150.0 million in aggregate principal amount of 8.75% Senior Notes due 2020 (the “New Notes”). The New Notes were issued as additional notes under the indenture governing CCIBV’s existing 8.75% Senior Notes due 2020 and were issued at a premium, resulting in $156.0 million in proceeds.  The New Notes mature on December 15, 2020 and bear interest at a rate of 8.75% per annum, payable semi-annually in arrears on June 15 and December 15 of each year.

In October 2017, a subsidiary of iHeartCommunications exchanged $45.0 million aggregate principal amount of 11.25% Priority Guarantee Notes due 2021 that were held by a subsidiary of iHeartCommunications for $45.0 million aggregate principal amount of 10.0% Senior Notes due 2018 that were held by unaffiliated third parties.

11


IHEARTMEDIA, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
(UNAUDITED)

Surety Bonds, Letters of Credit and Guarantees
As of September 30, 2017, the Company and its subsidiaries had outstanding surety bonds, commercial standby letters of credit and bank guarantees of $72.1 million, $144.5 million and $36.6 million, respectively. Bank guarantees and letters of credit of $17.3 million and $28.8 million, respectively, were backed by cash collateral. These surety bonds, letters of credit and bank guarantees relate to various operational matters including insurance, bid, concession and performance bonds as well as other items.
NOTE 4 – COMMITMENTS AND CONTINGENCIES
The Company and its subsidiaries are involved in certain legal proceedings arising in the ordinary course of business and, as required, have accrued an estimate of the probable costs for the resolution of those claims for which the occurrence of loss is probable and the amount can be reasonably estimated. These estimates have been developed in consultation with counsel and are based upon an analysis of potential results, assuming a combination of litigation and settlement strategies. It is possible, however, that future results of operations for any particular period could be materially affected by changes in the Company’s assumptions or the effectiveness of its strategies related to these proceedings. Additionally, due to the inherent uncertainty of litigation, there can be no assurance that the resolution of any particular claim or proceeding would not have a material adverse effect on the Company’s financial condition or results of operations.
Although the Company is involved in a variety of legal proceedings in the ordinary course of business, a large portion of the Company’s litigation arises in the following contexts: commercial disputes; defamation matters; employment and benefits related claims; governmental fines; intellectual property claims; and tax disputes.
International Outdoor Investigation
On April 21, 2015, inspections were conducted at the premises of Clear Channel in Denmark and Sweden as part of an investigation by Danish competition authorities.  Additionally, on the same day, Clear Channel UK received a communication from the UK competition authorities, also in connection with the investigation by Danish competition authorities. Clear Channel and its affiliates are cooperating with the national competition authorities.
Stockholder Litigation
On May 9, 2016, a stockholder of Clear Channel Outdoor Holdings, Inc. ("CCOH") filed a derivative lawsuit in the Court of Chancery of the State of Delaware, captioned GAMCO Asset Management Inc. v. iHeartMedia Inc. et al., C.A. No. 12312-VCS. The complaint names as defendants the Company, iHeartCommunications, Inc. ("iHeartCommunications"), an indirect subsidiary of the Company, Bain Capital Partners, LLC and Thomas H. Lee Partners, L.P. (together, the "Sponsor Defendants"), the Company's private equity sponsors and majority owners, and the members of CCOH's board of directors. CCOH also is named as a nominal defendant. The complaint alleges that CCOH has been harmed by the intercompany agreements with iHeartCommunications, CCOH’s lack of autonomy over its own cash and the actions of the defendants in serving the interests of the Company, iHeartCommunications and the Sponsor Defendants to the detriment of CCOH and its minority stockholders. Specifically, the complaint alleges that the defendants have breached their fiduciary duties by causing CCOH to: (i) continue to loan cash to iHeartCommunications under the intercompany note at below-market rates; (ii) abandon its growth and acquisition strategies in favor of transactions that would provide cash to the Company and iHeartCommunications; (iii) issue new debt in the CCIBV note offering (the "CCIBV Note Offering") to provide cash to the Company and iHeartCommunications through a dividend; and (iv) effect the sales of certain outdoor markets in the U.S. (the "Outdoor Asset Sales") allegedly to provide cash to the Company and iHeartCommunications through a dividend. The complaint also alleges that the Company, iHeartCommunications and the Sponsor Defendants aided and abetted the directors' breaches of their fiduciary duties. The complaint further alleges that the Company, iHeartCommunications and the Sponsor Defendants were unjustly enriched as a result of these transactions and that these transactions constituted a waste of corporate assets for which the defendants are liable to CCOH. The plaintiff is seeking, among other things, a ruling that the defendants breached their fiduciary duties to CCOH and that the Company, iHeartCommunications and the Sponsor Defendants aided and abetted the CCOH board of directors' breaches of fiduciary duty, rescission of payments made by CCOH to iHeartCommunications and its affiliates pursuant to dividends declared in connection with the CCIBV Note Offering and Outdoor Asset Sales, and an order requiring the Company, iHeartCommunications and the Sponsor Defendants to disgorge all profits they have received as a result of the alleged fiduciary misconduct.
On July 20, 2016, the defendants filed a motion to dismiss plaintiff's verified stockholder derivative complaint for failure to state a claim upon which relief can be granted. On November 23, 2016, the Court granted defendants' motion to dismiss all claims brought by the plaintiff. On December 19, 2016, the plaintiff filed a notice of appeal of the ruling. The oral hearing on the appeal

12


IHEARTMEDIA, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
(UNAUDITED)

was held on October 11, 2017. On October 12, 2017, the Supreme Court of Delaware affirmed the lower court's ruling, dismissing the case.
NOTE 5 – INCOME TAXES
Income Tax Expense
The Company’s income tax expense for the three and nine months ended September 30, 2017 and 2016, respectively, consisted of the following components:
(In thousands)
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2017
 
2016
 
2017
 
2016
Current tax benefit (expense)
$
7,349

 
$
(9,339
)
 
$
(37,638
)
 
$
(56,340
)
Deferred tax benefit (expense)
(9,400
)
 
3,726

 
(12,505
)
 
14,097

Income tax expense
$
(2,051
)
 
$
(5,613
)
 
$
(50,143
)
 
$
(42,243
)
The effective tax rates for the three months ended September 30, 2017 and 2016 were (0.8)% and (24.5)%, respectively. The effective tax rates for the nine months ended September 30, 2017 and 2016 were (6.7)% and (13.2)%, respectively. The 2017 and 2016 effective tax rates were primarily impacted by the valuation allowance recorded against deferred tax assets resulting from current period net operating losses in U.S. federal, state and certain foreign jurisdictions due to uncertainty regarding the Company's ability to realize those assets in future periods.
NOTE 6 – 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
)

13


IHEARTMEDIA, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
(UNAUDITED)

(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.
NOTE 7 — OTHER INFORMATION
Other Comprehensive Income (Loss)
There was no change in deferred income tax liabilities resulting from adjustments to comprehensive loss for the three and nine months ended September 30, 2017. The total increase (decrease) in deferred income tax liabilities of other adjustments to comprehensive loss for the three and nine months ended September 30, 2016 was $0.1 million and $(0.7) million.
Trade and Barter
Trade and barter transactions represent the exchange of advertising spots or display space for merchandise, services or other assets in the ordinary course of business.  These transactions are recorded at the estimated fair market value of the advertising spots or display space or the fair value of the merchandise or services or other assets received, whichever is most readily determinable.  Trade and barter revenues and expenses from continuing operations are included in consolidated revenue and selling, general and administrative expenses, respectively.

14


IHEARTMEDIA, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
(UNAUDITED)

Trade and barter revenues for the Company were $49.1 million and $30.2 million for the three months ended September 30, 2017 and 2016, respectively, and $161.7 million and $105.7 million for the nine months ended September 30, 2017 and 2016, respectively. Trade and barter expenses for the Company were $36.6 million and $23.2 million for the three months ended September 30, 2017 and 2016, respectively, and $129.2 million and $81.8 million for the nine months ended September 30, 2017 and 2016, respectively.
Trade and barter revenues for our iHeartMedia segment were $45.9 million and $26.0 million for the three months ended September 30, 2017 and 2016, respectively, and $149.2 million and $98.0 million for the nine months ended September 30, 2017 and 2016, respectively. Trade and barter expenses for our iHeartMedia segment were $32.2 million and $21.0 million for the three months ended September 30, 2017 and 2016, respectively, and $118.7 million and $75.4 million for the nine months ended September 30, 2017 and 2016, respectively.
Investments
During the third quarter of 2017 the Company determined that some of its investments had declined in value. Such decline in value was considered to be other than temporary, and the Company recorded a loss on investments of $1.6 million to state the investments at their estimated fair value. During the third quarter of 2016 the Company recorded a loss on investments of $14.5 million on one of its investments.
NOTE 8 – SEGMENT DATA
The Company’s reportable segments, which it believes best reflect how the Company is currently managed, are iHM, Americas outdoor advertising and International outdoor advertising.  Revenue and expenses earned and charged between segments are recorded at estimated fair value and eliminated in consolidation.  The iHM segment provides media and entertainment services via broadcast and digital delivery and also includes the Company’s events and national syndication businesses.  The Americas outdoor advertising segment consists of operations primarily in the United States, Canada and Latin America.  The International outdoor advertising segment primarily includes operations in Europe and Asia.  The Other category includes the Company’s media representation business as well as other general support services and initiatives that are ancillary to the Company’s other businesses.  Corporate includes infrastructure and support, including information technology, human resources, legal, finance and administrative functions for each of the Company’s reportable segments, as well as overall executive, administrative and support functions. Share-based payments are recorded in corporate expense.

15


IHEARTMEDIA, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
(UNAUDITED)

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


16


IHEARTMEDIA, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
(UNAUDITED)

(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


NOTE 9 – CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS
The Company is a party to a management agreement with certain affiliates of Bain Capital Partners, LLC and Thomas H. Lee Partners, L.P. (together, the "Sponsors") and certain other parties pursuant to which such affiliates of the Sponsors will provide management and financial advisory services until 2018. These agreements require management fees to be paid to such affiliates of the Sponsors for such services at a rate not greater than $15.0 million per year, plus reimbursable expenses. For the three and nine months ended September 30, 2017, the Company recognized management fees and reimbursable expenses of $3.8 million and $11.4 million, and $3.9 million and $11.5 million for the three and nine months ended September 30, 2016, respectively.


17


ITEM 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
Format of Presentation
Management’s discussion and analysis of our financial condition and results of operations (“MD&A”) should be read in conjunction with the consolidated financial statements and related footnotes contained in Item 1 of this Quarterly Report on Form 10-Q.  Our discussion is presented on both a consolidated and segment basis. Our reportable segments are iHeartMedia (“iHM”), Americas outdoor advertising (“Americas outdoor” or “Americas outdoor advertising”) and International outdoor advertising (“International outdoor” or “International outdoor advertising”). Our iHM segment provides media and entertainment services via live broadcast and digital delivery, and also includes our national syndication business. Our Americas outdoor and International outdoor segments provide outdoor advertising services in their respective geographic regions using various digital and traditional display types. Included in the “Other” category is our media representation business, Katz Media Group, which is ancillary to our other businesses.
We manage our operating segments by focusing primarily on their operating income, while Corporate expenses, Other operating income (expense), net, Interest expense, Gain on marketable securities, Equity in earnings (loss) of nonconsolidated affiliates, Loss on extinguishment of debt, Other income, net and Income tax expense are managed on a total company basis and are, therefore, included only in our discussion of consolidated results.
Certain prior period amounts have been reclassified to conform to the 2017 presentation.
Our iHM strategy centers on delivering entertaining and informative content across multiple platforms, including broadcast, mobile and digital, as well as events. Our primary source of revenue is derived from selling local and national advertising time on our radio stations, with contracts typically less than one year in duration. The programming formats of our radio stations are designed to reach audiences with targeted demographic characteristics. We are working closely with our advertising and marketing partners to develop tools and leverage data to enable advertisers to effectively reach their desired audiences. We continue to expand the choices for listeners and we deliver our content and sell advertising across multiple distribution channels including digitally via our iHeartRadio mobile application and other digital platforms which reach national, regional and local audiences. We also generate revenues from network syndication, our nationally recognized live events, our station websites and other miscellaneous transactions.
Management typically monitors our outdoor advertising business by reviewing the average rates, average revenue per display, occupancy and inventory levels of each of our display types by market. Our outdoor advertising revenue is derived from selling advertising space on the displays we own or operate in key markets worldwide, consisting primarily of billboards, street furniture and transit displays.  Part of our long-term strategy for our outdoor advertising businesses is to pursue the technology of digital displays, including flat screens, LCDs and LEDs, as additions to traditional methods of displaying our clients’ advertisements. We are currently installing these technologies in certain markets, both domestically and internationally.
Our advertising revenue for all of our segments is highly correlated to changes in gross domestic product (“GDP”) as advertising spending has historically trended in line with GDP, both domestically and internationally.  Internationally, our results are impacted by fluctuations in foreign currency exchange rates as well as the economic conditions in the foreign markets in which we have operations.
Executive Summary
The key developments that impacted our business are summarized below:
•
Consolidated revenue decreased $29.2 million during the three months ended September 30, 2017 compared to the same period of 2016. Excluding the $10.2 million impact from movements in foreign exchange rates, consolidated revenue decreased $39.4 million during the three months ended September 30, 2017 compared to the same period of 2016, primarily due to the sales of certain outdoor businesses, which generated $2.6 million and $41.9 million in revenue in the three months ended September 30, 2017 and 2016, respectively.
•
On August 14, 2017, CCIBV, our indirect subsidiary, issued at a $6.0 million premium $150.0 million principal amount of 8.75% Senior Notes due 2020.
•
During the third quarter of 2017, Americas outdoor sold its ownership interest in a joint venture in Canada and recognized a net loss on sale of $12.1 million.
•
In October 2017, iHeartCommunications exchanged $45.0 million of 11.25% Priority Guarantee Notes due 2021 that were held by a subsidiary of iHeartCommunications for $45.0 million of 10.0% Senior Notes due 2018 that were held by unaffiliated third parties.


18


Revenues and expenses “excluding the impact of foreign exchange movements” in this Management’s Discussion & Analysis of Financial Condition and Results of Operations are presented because management believes that viewing certain financial results without the impact of fluctuations in foreign currency rates facilitates period to period comparisons of business performance and provides useful information to investors.  Revenues and expenses “excluding the impact of foreign exchange movements” are calculated by converting the current period’s revenues and expenses in local currency to U.S. dollars using average foreign exchange rates for the prior period. 
Consolidated Results of Operations
The comparison of our historical results of operations for the three and nine months ended September 30, 2017 to the three and nine months ended September 30, 2016 is as follows:
(In thousands)
Three Months Ended
September 30,
 
%
Change
 
Nine Months Ended
September 30,
 
%
Change
 
2017
 
2016
 
 
2017
 
2016
 
Revenue
$
1,537,416

 
$
1,566,582

 
(1.9)%
 
$
4,457,106

 
$
4,542,852

 
(1.9)%
Operating expenses:
 
 
 
 
 
 
 
 
 
 
 
Direct operating expenses (excludes depreciation and amortization)
621,895

 
591,740

 
5.1%
 
1,807,534

 
1,771,590

 
2.0%
Selling, general and administrative expenses (excludes depreciation and amortization)
438,654

 
421,700

 
4.0%
 
1,336,563

 
1,281,849

 
4.3%
Corporate expenses (excludes depreciation and amortization)
77,967

 
86,832

 
(10.2)%
 
233,487

 
252,348

 
(7.5)%
Depreciation and amortization
149,749

 
158,453

 
(5.5)%
 
443,650

 
476,053

 
(6.8)%
Impairment charges
7,631

 
8,000

 
(4.6)%
 
7,631

 
8,000

 
(4.6)%
Other operating income (expense), net
(13,215
)
 
(505
)
 
 
 
24,785

 
219,768

 
 
Operating income
228,305

 
299,352

 
(23.7)%
 
653,026

 
972,780

 
(32.9)%
Interest expense
470,250

 
459,852

 
 
 
1,388,747

 
1,389,793

 
 
Loss on investments, net
(2,173
)
 
(13,767
)
 
 
 
(2,433
)
 
(13,767
)
 
 
Equity in earnings (loss) of nonconsolidated affiliates
(2,238
)
 
1,117

 
 
 
(2,240
)
 
(926
)
 
 
Gain on extinguishment of debt
—

 
157,556

 
 
 
—

 
157,556

 
 
Other income (expense), net
2,223

 
(7,323
)
 
 
 
(11,244
)
 
(47,054
)
 
 
Loss before income taxes
(244,133
)
 
(22,917
)
 
 
 
(751,638
)
 
(321,204
)
 
 
Income tax expense
(2,051
)
 
(5,613
)
 
 
 
(50,143
)
 
(42,243
)
 
 
Consolidated net loss
(246,184
)
 
(28,530
)
 
 
 
(801,781
)
 
(363,447
)
 
 
Less amount attributable to noncontrolling interest
1,993

 
6,471

 
 
 
8,648

 
38,950

 
 
Net loss attributable to the Company
$
(248,177
)
 
$
(35,001
)
 
 
 
$
(810,429
)
 
$
(402,397
)
 
 
Consolidated Revenue
Consolidated revenue decreased $29.2 million during the three months ended September 30, 2017 compared to the same period of 2016. Excluding the $10.2 million impact from movements in foreign exchange rates, consolidated revenue decreased $39.4 million during the three months ended September 30, 2017 compared to the same period of 2016. Revenue growth from our iHM business was offset by lower revenue generated by our International and Americas outdoor businesses as a result of the sales of our businesses in Canada in 2017 and Australia in 2016, which generated $2.6 million and $41.9 million in revenue in the three months ended September 30, 2017 and 2016, respectively.
Consolidated revenue decreased $85.7 million during the nine months ended September 30, 2017 compared to the same period of 2016. Excluding the $18.1 million impact from movements in foreign exchange rates, consolidated revenue decreased $67.6 million during the nine months ended September 30, 2017 compared to the same period of 2016. Revenue growth from our iHM business was offset by lower revenue generated by our International and Americas outdoor businesses as a result of the sales of our businesses in Canada in 2017 and Australia and Turkey in 2016, which generated $13.7 million and $131.2 million in

19


revenue in the nine months ended September 30, 2017 and 2016, respectively.
Consolidated Direct Operating Expenses
Consolidated direct operating expenses increased $30.2 million during the three months ended September 30, 2017 compared to the same period of 2016. Excluding the $7.2 million impact from movements in foreign exchange rates, consolidated direct operating expenses increased $23.0 million during the three months ended September 30, 2017 compared to the same period of 2016. Higher direct operating expenses in our iHM business, due mostly to a $33.8 million prior year benefit resulting from the renegotiation of certain contracts, was partially offset by lower direct operating expenses in our International and Americas outdoor businesses as a result of the sales of our business in Australia in 2016 and Canada in 2017.
Consolidated direct operating expenses increased $35.9 million during the nine months ended September 30, 2017 compared to the same period of 2016. Excluding the $11.3 million impact from movements in foreign exchange rates, consolidated direct operating expenses increased $47.2 million during the nine months ended September 30, 2017 compared to the same period of 2016. Higher direct operating expenses in our iHM business, due mostly to a $33.8 million prior year benefit resulting from the renegotiation of certain contracts, were partially offset by the impact of the sale of our businesses in Australia and Turkey in 2016 and Canada in 2017.
Consolidated Selling, General and Administrative (“SG&A”) Expenses
Consolidated SG&A expenses increased $17.0 million during the three months ended September 30, 2017 compared to the same period of 2016. Excluding the $2.6 million impact from movements in foreign exchange rates, consolidated SG&A expenses increased $14.4 million during the three months ended September 30, 2017 compared to the same period of 2016. Higher SG&A expenses were primarily driven by trade and barter expenses in our iHM business.
Consolidated SG&A expenses increased $54.7 million during the nine months ended September 30, 2017 compared to the same period of 2016. Excluding the $3.0 million impact from movements in foreign exchange rates, consolidated SG&A expenses increased $57.7 million during the nine months ended September 30, 2017 compared to the same period of 2016. Higher SG&A expenses were primarily driven by trade and barter expenses in our iHM business and were partially offset by a decrease in SG&A expenses resulting primarily from the sales of our businesses in Australia and Turkey in 2016 and Canada in 2017.
Corporate Expenses
Corporate expenses decreased $8.9 million during the three months ended September 30, 2017 compared to the same period of 2016 primarily resulting from lower employee benefits and variable compensation expenses. For the three month period ended September 30, 2017, we incurred professional fees directly related to the notes exchange offers and term loan offers and, accordingly, such fees are reflected in Other Income (Expense), net as further discussed below.
Corporate expenses decreased $18.9 million during the nine months ended September 30, 2017 compared to the same period of 2016. Excluding the $1.9 million impact from movements in foreign exchange rates, corporate expenses decreased $17.0 million during the nine months ended September 30, 2017 compared to the same period of 2016. For the nine month period ended September 30, 2016, professional fees incurred in connection with our capital structure were reflected as part of corporate expenses. For the nine month period ended September 30, 2017, we incurred professional fees directly related to the notes exchange offers and term loan offers and, accordingly, such fees are reflected in Other Income (Expense), net as further discussed below. Employee benefit expense was also lower. The reduction in Corporate expenses was partially offset by higher spending on strategic revenue and efficiency initiatives.
Strategic Revenue and Efficiency Initiatives
Included in the amounts for direct operating expenses, SG&A and corporate expenses discussed above are expenses incurred in connection with our strategic revenue and efficiency initiatives. These costs consist primarily of severance related to workforce initiatives, consolidation of locations and positions, contract cancellation costs, consulting expenses, and other costs incurred in connection with improving our businesses. These costs are expected to provide benefits in future periods as the initiative results are realized.
Strategic revenue and efficiency costs were $6.0 million during the three months ended September 30, 2017. Of these expenses, $2.4 million was incurred by our iHM segment, $0.5 million was incurred by our Americas outdoor segment, $2.0 million was incurred by our International outdoor segment and $1.1 million was incurred by Corporate. Additionally, $1.8 million of these costs are reported within direct operating expenses, $3.1 million are reported within SG&A and $1.1 million are reported within corporate expenses. 

20


Strategic revenue and efficiency costs were $6.0 million during the three months ended September 30, 2016. Of these expenses, $2.5 million was incurred by our iHM segment, $0.3 million was incurred by our Americas outdoor segment, $2.1 million was incurred by our International outdoor segment, $0.1 million was incurred by our Other category and $1.0 million was incurred by Corporate. Additionally, $1.9 million of these costs are reported within direct operating expenses, $3.1 million are reported within SG&A and $1.0 million are reported within corporate expenses.
Strategic revenue and efficiency costs were $31.0 million during the nine months ended September 30, 2017. Of these expenses, $14.4 million was incurred by our iHM segment, $1.4 million was incurred by our Americas outdoor segment, $6.0 million was incurred by our International outdoor segment, $4.1 million was incurred by our Other category and $5.1 million was incurred by Corporate. Additionally, $10.6 million of these costs are reported within direct operating expenses, $15.3 million are reported within SG&A and $5.1 million are reported within corporate expenses. 
Strategic revenue and efficiency costs were $19.4 million during the nine months ended September 30, 2016. Of these expenses, $11.7 million was incurred by our iHM segment, $1.9 million was incurred by our Americas outdoor segment, $3.6 million was incurred by our International outdoor segment, $0.5 million was incurred by our Other segment and $1.7 million was incurred by Corporate. Additionally, $7.1 million of these costs are reported within direct operating expenses, $10.6 million are reported within SG&A and $1.7 million are reported within corporate expenses.
Depreciation and Amortization
Depreciation and amortization decreased $8.7 million during the three months ended September 30, 2017, compared to the same period of 2016. The decrease was primarily due to assets becoming fully depreciated or fully amortized and the disposal of assets related to the sale of our Australia business in 2016.
Depreciation and amortization decreased $32.4 million during the nine months ended September 30, 2017, compared to the same period of 2016. The decrease was primarily due to assets becoming fully depreciated or fully amortized and the disposal of assets related to the sale of our outdoor non-strategic U.S. markets and Australia and Turkey businesses in 2016.
Impairment Charges
The Company performs its annual impairment test on July 1 of each year. In addition, we test for impairment of property, plant and equipment whenever events and circumstances indicate that depreciable assets might be impaired. As a result of these impairment tests, we recorded impairment charges of $7.6 million during the three and nine months ended September 30, 2017, related to one of our iHM markets and one of our International outdoor businesses. During the three and nine months ended September 30, 2016, we recognized impairment charges of $8.0 million, related primarily to goodwill in one of our International outdoor businesses. Please see Note 2 to the Consolidated Financial Statements located in Item 1 of this Quarterly Report on Form 10-Q for a further description of the impairment charges.
Other Operating Income (Expense), Net
Other operating expense, net was $13.2 million for the three months ended September 30, 2017, which primarily related to the $12.1 million loss, which includes $6.3 million in cumulative translation adjustments, recognized on the sale of our ownership interest in a joint venture in Canada during the third quarter of 2017. Other operating income, net of $24.8 million for the nine months ended September 30, 2017 primarily related to the sale in the first quarter of 2017 of the Americas outdoor Indianapolis market exchanged for certain assets in Atlanta, Georgia, plus $43.1 million in cash, net of closing costs, resulting in a net gain of $28.9 million and a gain of $6.8 million recognized on the sale of our ownership interest in a joint venture in Belgium in the second quarter of 2017, offset by the loss of $12.1 million recognized on the sale of our ownership interest in a joint venture in Canada.
Other operating expense, net was $0.5 million for the three months ended September 30, 2016, which primarily related to net losses on the sale of operating assets. Other operating income, net was $219.8 million for the nine months ended September 30, 2016, which primarily related to the sale of nine non-strategic outdoor markets in the first quarter of 2016, partially offset by the loss on the sales of our Australia and Turkey businesses.
Interest Expense
Interest expense increased $10.4 million during the three months ended September 30, 2017 compared to the same period of 2016 primarily due to an increase in variable interest rates. Interest expense decreased $1.0 million during the nine months ended September 30, 2017 compared to the same period of 2016. The decrease is primarily due to settlements of long-term debt in 2016, partially offset by an increase in variable interest rates, primarily as a result from an increase in LIBOR.
Loss on Investments, net

21


During the three and nine months ended September 30, 2017, we recognized losses of $2.2 million and $2.4 million, respectively, related to our investments. During the three and nine months ended September 30, 2016, we recognized a loss of $13.8 million, related to cost-method investments.
Gain (Loss) on Extinguishment of Debt
During the third quarter of 2016, Broader Media, LLC, an indirect wholly-owned subsidiary of the Company, repurchased approximately $383.0 million aggregate principal amount of iHeartCommunications' 10.0% Senior Notes due 2018 for an aggregate purchase price of approximately $222.2 million. In connection with this repurchase, we recognized a gain of $157.6 million.
Other Income (Expense), net
Other income, net was $2.2 million and other expense, net was $11.2 million for the three and nine months ended September 30, 2017, respectively. These amounts relate primarily to net foreign exchange gains of $9.3 million and $21.6 million for the three and nine months ended September 30, 2017, respectively, recognized in connection with intercompany notes denominated in foreign currencies, partially offset by expenses incurred in connection with the notes exchange offers and term loan offers of $7.2 million and $31.4 million for the three and nine months ended September 30, 2017, respectively, as described in "Liquidity and Capital Resources - Notes Exchange Offers and Term Loan Offers".
Other expense, net was $7.3 million and $47.1 million for the three and nine months ended September 30, 2016, respectively, which primarily related to net foreign exchange losses recognized in connection with intercompany notes denominated in foreign currencies.
Income Tax Expense
The effective tax rate for the three and nine months ended September 30, 2017 was (0.8)% and (6.7)%, respectively. The effective tax rate for the three and nine months ended September 30, 2016 was (24.5)% and (13.2)%, respectively. The effective tax rates were primarily impacted by the valuation allowance recorded against deferred tax assets originating in the period from net operating losses in U.S. federal, state and certain foreign jurisdictions. 
iHM Results of Operations
Our iHM operating results were as follows:
(In thousands)
Three Months Ended
September 30,
 
%
Change
 
Nine Months Ended
September 30,
 
%
Change
 
2017
 
2016
 
 
2017
 
2016
 
Revenue
$
859,531

 
$
857,099

 
0.3%
 
$
2,501,084

 
$
2,463,899

 
1.5%
Direct operating expenses
265,795

 
229,668

 
15.7%
 
773,327

 
704,097

 
9.8%
SG&A expenses
287,676

 
268,612

 
7.1%
 
894,669

 
812,344

 
10.1%
Depreciation and amortization
58,089

 
60,691

 
(4.3)%
 
174,946

 
182,506

 
(4.1)%
Operating income
$
247,971

 
$
298,128

 
(16.8)%
 
$
658,142

 
$
764,952

 
(14.0)%
Three Months
iHM revenue increased $2.4 million during the three months ended September 30, 2017 compared to the same period of 2016, with growth in national and digital revenue being partially offset by lower local revenue. National revenue grew due to an increase in national trade and barter, largely related to the iHeartMedia Music Festival, as well as increased national sales initiatives and investments, including our programmatic buying platforms, primarily offset by a decrease in national traffic and weather revenue. Local revenue decreased as a result of lower spot revenue, partially offset by an increase in local trade and barter.
iHM direct operating expenses increased $36.1 million during the three months ended September 30, 2017 compared to the same period of 2016 primarily driven by a $33.8 million prior year benefit resulting from the renegotiation of certain contracts. iHM SG&A expenses increased $19.1 million during the three months ended September 30, 2017 compared to the same period of 2016 primarily due to higher trade and barter expenses and higher variable expenses, including sales activation costs.
Nine Months
iHM revenue increased $37.2 million during the nine months ended September 30, 2017 compared to the same period of 2016, with growth in national revenue and other revenue being partially offset by lower local revenue. National revenue grew

22


due to an increase in national trade and barter, as well as increased sales in response to our national investments, including our programmatic buying platforms, primarily offset by a decrease in national traffic and weather revenue. Other revenue increased partially as a result of higher talent appearance fees. Local revenue decreased primarily as a result of lower spot revenue, partially offset by an increase in local trade and barter.
iHM direct operating expenses increased $69.2 million during the nine months ended September 30, 2017 compared to the same period of 2016 primarily driven by a $33.8 million prior year benefit resulting from the renegotiation of certain contracts, as well as higher content and programming costs, including talent fees and music license fees. iHM SG&A expenses increased $82.3 million during the nine months ended September 30, 2017 compared to the same period of 2016 primarily due to higher trade and barter expenses, investments in national and digital sales capabilities and higher variable expenses, including sales activation costs and commissions.
Americas Outdoor Advertising Results of Operations
Our Americas outdoor operating results were as follows:
(In thousands)
Three Months Ended
September 30,
 
%
Change
 
Nine Months Ended
September 30,
 
%
Change
 
2017
 
2016
 
 
2017
 
2016
 
Revenue
$
316,587

 
$
322,997

 
(2.0)%
 
$
919,967

 
$
931,058

 
(1.2)%
Direct operating expenses
141,609

 
142,989

 
(1.0)%
 
427,181

 
421,039

 
1.5%
SG&A expenses
54,689

 
54,500

 
0.3%
 
165,538

 
167,660

 
(1.3)%
Depreciation and amortization
47,035

 
47,242

 
(0.4)%
 
137,689

 
140,883

 
(2.3)%
Operating income
$
73,254

 
$
78,266

 
(6.4)%
 
$
189,559

 
$
201,476

 
(5.9)%
Three Months
Americas outdoor revenue decreased $6.4 million during the three months ended September 30, 2017 compared to the same period of 2016. Excluding the $0.9 million impact from movements in foreign exchange rates, Americas outdoor revenue decreased $7.3 million during the three months ended September 30, 2017 compared to the same period of 2016. The decrease in revenue is primarily due to a $4.2 million decrease in revenue resulting from the sale of our Canadian outdoor business, higher revenue in the prior year period due to the 2016 Olympics in Brazil and the exchange of outdoor markets in the first quarter of 2017. This was partially offset by increased digital revenue from new and existing airport contracts.
Americas outdoor direct operating expenses decreased $1.4 million during the three months ended September 30, 2017 compared to the same period of 2016. Excluding the $0.5 million impact from movements in foreign exchange rates, Americas outdoor direct operating expenses decreased $1.9 million during the three months ended September 30, 2017 compared to the same period of 2016. The decrease was driven by a $3.6 million decrease in direct operating expenses resulting from the sale of our Canadian outdoor market and lower variable expenses due to the 2016 Olympics in Brazil, partially offset by higher fixed site lease expenses. Americas outdoor SG&A expenses increased $0.2 million during the three months ended September 30, 2017 compared to the same period of 2016. Excluding the $0.2 million impact from movements in foreign exchange rates, Americas outdoor SG&A expenses were flat during the three months ended September 30, 2017 compared to the same period of 2016.
Nine Months
Americas outdoor revenue decreased $11.1 million during the nine months ended September 30, 2017 compared to the same period of 2016. Excluding the $2.7 million impact from movements in foreign exchange rates, Americas outdoor revenue decreased $13.8 million during the nine months ended September 30, 2017 compared to the same period of 2016. The decrease in revenue was primarily due to a decrease in print display revenues, as well as the $10.9 million impact resulting from the sales of non-strategic outdoor markets in the first quarter of 2016 and the sale of our Canadian business in the third quarter of 2017, and the exchange of outdoor markets in the first quarter of 2017. This was partially offset by increased digital revenues from new and existing airport contracts and deployments of new digital billboards.
Americas outdoor direct operating expenses increased $6.1 million during the nine months ended September 30, 2017 compared to the same period of 2016. Excluding the $1.5 million impact from movements in foreign exchange rates, Americas outdoor direct operating expenses increased $4.6 million during the nine months ended September 30, 2017 compared to the same period of 2016. The increase in direct operating expenses was driven by higher site lease expenses related to new and existing airport contracts and print displays, and the impact of a $2.9 million early termination lease payment received in 2016, partially offset by lower expense due to the $8.7 million impact resulting from the sales of non-strategic outdoor markets in the first quarter

23


of 2016 and the sale of our Canadian business in the third quarter of 2017, and the exchange of outdoor markets in the first quarter of 2017. Americas outdoor SG&A expenses decreased $2.1 million during the nine months ended September 30, 2017 compared to the same period of 2016. Excluding the $0.9 million impact from movements in foreign exchange rates, Americas outdoor SG&A expenses decreased $3.0 million during the nine months ended September 30, 2017 compared to the same period of 2016. The decrease in SG&A expenses was primarily due to lower bad debt expense and the $1.2 million impact resulting from the sales of non-strategic outdoor markets in the first quarter of 2016 and the sale of our Canadian business in the third quarter of 2017, and the exchange of outdoor markets in the first quarter of 2017.
International Outdoor Advertising Results of Operations
Our International outdoor operating results were as follows:
(In thousands)
Three Months Ended
September 30,
 
%
Change
 
Nine Months Ended
September 30,
 
%
Change
 
2017
 
2016
 
 
2017
 
2016
 
Revenue
$
328,502

 
$
346,224

 
(5.1)%
 
$
942,167

 
$
1,035,263

 
(9.0)%
Direct operating expenses
214,491

 
219,261

 
(2.2)%
 
607,023

 
645,199

 
(5.9)%
SG&A expenses
73,708

 
71,664

 
2.9%
 
204,531

 
220,872

 
(7.4)%
Depreciation and amortization
32,886

 
37,018

 
(11.2)%
 
95,149

 
113,075

 
(15.9)%
Operating income
$
7,417

 
$
18,281

 
(59.4)%
 
$
35,464

 
$
56,117

 
(36.8)%
Three Months
International outdoor revenue decreased $17.7 million during the three months ended September 30, 2017 compared to the same period of 2016. Excluding the $9.3 million impact from movements in foreign exchange rates, International outdoor revenue decreased $27.0 million during the three months ended September 30, 2017 compared to the same period of 2016. The decrease in revenue is due to a $35.2 million decrease in revenue resulting from the sale of our business in Australia in 2016. This was partially offset by growth across other markets including China, Spain, Switzerland and the United Kingdom, primarily from new contracts and digital expansion.
International outdoor direct operating expenses decreased $4.8 million during the three months ended September 30, 2017 compared to the same period of 2016. Excluding the $6.8 million impact from movements in foreign exchange rates, International outdoor direct operating expenses decreased $11.6 million during the three months ended September 30, 2017 compared to the same period of 2016. The decrease was driven by a $20.1 million decrease in direct operating expenses resulting from the 2016 sale of our business in Australia, partially offset by higher site lease expense in certain countries experiencing revenue growth. International outdoor SG&A expenses increased $2.0 million during the three months ended September 30, 2017 compared to the same period of 2016. Excluding the $2.4 million impact from movements in foreign exchange rates, International outdoor SG&A expenses decreased $0.4 million during the three months ended September 30, 2017 compared to the same period of 2016. The decrease in SG&A expenses was primarily due to a $6.8 million decrease resulting from the sale of our business in Australia, partially offset by increases in bad debt expense primarily related to two specific accounts and employee-related expenses.
Nine Months
International outdoor revenue decreased $93.1 million during the nine months ended September 30, 2017 compared to the same period of 2016. Excluding the $20.8 million impact from movements in foreign exchange rates, International outdoor revenue decreased $72.3 million during the nine months ended September 30, 2017 compared to the same period of 2016. The decrease in revenue is due to a $106.5 million decrease in revenue resulting from the sale of our businesses in Australia and Turkey in 2016. This was partially offset by growth across other markets including Spain, the United Kingdom, Switzerland and China, primarily from new contracts and digital expansion.
International outdoor direct operating expenses decreased $38.2 million during the nine months ended September 30, 2017 compared to the same period of 2016. Excluding the $12.8 million impact from movements in foreign exchange rates, International outdoor direct operating expenses decreased $25.4 million during the nine months ended September 30, 2017 compared to the same period of 2016. The decrease was driven by a $64.5 million decrease in direct operating expenses resulting from the 2016 sales of our businesses in Australia and Turkey, partially offset by higher site lease and production expenses in countries experiencing revenue growth. International outdoor SG&A expenses decreased $16.3 million during the nine months ended September 30, 2017 compared to the same period of 2016. Excluding the $3.8 million impact from movements in foreign exchange rates, International outdoor SG&A expenses decreased $12.5 million during the nine months ended September 30, 2017

24


compared to the same period of 2016. The decrease in SG&A expenses was primarily due to a $20.6 million decrease resulting from the sale of our businesses in Australia and Turkey, partially offset by higher bad debt expense and higher spending related to growth in certain countries, as well as higher spending on strategic efficiency initiatives.
Reconciliation of Segment Operating Income to Consolidated Operating Income
(In thousands)
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
 
2017
 
2016
 
2017
 
2016
iHM
$
247,971

 
$
298,128

 
$
658,142

 
$
764,952

Americas outdoor
73,254

 
78,266

 
189,559

 
201,476

International outdoor
7,417

 
18,281

 
35,464

 
56,117

Other
7,261

 
9,643

 
13,713

 
18,205

Other operating income, net
(13,215
)
 
(505
)
 
24,785

 
219,768

Impairment charges
(7,631
)
 
(8,000
)
 
(7,631
)
 
(8,000
)
Corporate expense (1)
(86,752
)
 
(96,461
)
 
(261,006
)
 
(279,738
)
Consolidated operating income
$
228,305

 
$
299,352

 
$
653,026

 
$
972,780

(1)
Corporate expenses include expenses related to iHM, Americas outdoor, International outdoor and our Other category, as well as overall executive, administrative and support functions.
Share-Based Compensation Expense
We have 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.
Share-based compensation expenses are recorded in corporate expenses and were $3.5 million and $3.5 million for the three months ended September 30, 2017 and 2016, respectively, and $9.0 million and $10.4 million for the nine months ended September 30, 2017 and 2016, respectively.
As of September 30, 2017, there was $20.3 million of unrecognized compensation cost related to unvested share-based compensation arrangements that will vest based on service conditions.  This cost is expected to be recognized over a weighted average period of approximately 2.8 years.  In addition, as of September 30, 2017, there was $26.6 million of unrecognized compensation cost related to unvested share-based compensation arrangements that will vest based on market performance and service conditions.  This cost will be recognized when it becomes probable that the performance condition will be satisfied.
LIQUIDITY AND CAPITAL RESOURCES
Cash Flows
The following discussion highlights cash flow activities during the nine months ended September 30, 2017 and 2016, respectively:
(In thousands)
Nine Months Ended September 30,
 
2017
 
2016
Cash provided by (used for):
 
 
 
Operating activities
$
(558,717
)
 
$
(272,578
)
Investing activities
$
(144,980
)
 
$
366,312

Financing activities
$
137,066

 
$
(322,583
)

25


Operating Activities
Cash used for operating activities was $558.7 million during the nine months ended September 30, 2017 compared to $272.6 million of cash used for operating activities during the nine months ended September 30, 2016.  The increase in cash used for operating activities is primarily attributed to lower operating income as well as changes in working capital balances, particularly accounts receivable, which were affected by slower collections, and prepaid assets, partially offset by accounts payable due to the timing of payments. Cash paid for interest during the nine months ended September 30, 2017 was $1,426.4 million as compared to $1,434.5 million paid during the nine months ended September 30, 2016.
Investing Activities
Cash used for investing activities of $145.0 million during the nine months ended September 30, 2017 reflected $184.9 million used for capital expenditures, partially offset by net cash proceeds from the sale of assets of $71.3 million, which included net cash proceeds from the sale of our outdoor Indianapolis market of $43.1 million. We spent $44.4 million for capital expenditures in our iHM segment primarily related to IT infrastructure, $48.7 million in our Americas outdoor segment primarily related to the construction of new advertising structures, such as digital boards, $83.9 million in our International outdoor segment primarily related to street furniture and transit advertising structures, including digital displays, $0.5 million in our Other category and $7.4 million in Corporate primarily related to equipment and software purchases.
Cash provided by investing activities of $366.3 million during the nine months ended September 30, 2016 reflected net cash proceeds from the sale of nine non-strategic outdoor markets including Cleveland and Columbus, Ohio, Des Moines, Iowa, Ft. Smith, Arkansas, Memphis, Tennessee, Portland, Oregon, Reno, Nevada, Seattle, Washington and Wichita, Kansas of $592.3 million in cash and certain advertising assets in Florida. Those sale proceeds were partially offset by $201.0 million used for capital expenditures. We spent $46.3 million for capital expenditures in our iHM segment primarily related to leasehold improvements and IT infrastructure, $47.8 million in our Americas outdoor segment primarily related to the construction of new advertising structures, such as digital displays, $97.5 million in our International outdoor segment primarily related to billboard and street furniture advertising structures, $1.8 million in our Other category and $7.7 million in Corporate primarily related to equipment and software purchases.
Financing Activities
Cash provided by financing activities of $137.1 million during the nine months ended September 30, 2017 primarily resulted from proceeds from long-term debt issued by one of our international subsidiaries, as well as borrowings on our receivables-based credit facility. These proceeds were partially offset by dividends paid to non-controlling interests, which represents the portion of the dividends paid by CCOH in February 2017 to parties other than our subsidiaries that own CCOH stock, and a payment under our receivables-based credit facility.
Cash used for financing activities of $322.6 million during the nine months ended September 30, 2016 primarily resulted from the purchase of iHeartCommunications' 10.0% Senior Notes due 2018 for an aggregate purchase price of $222.2 million and dividends paid to non-controlling interests.
Anticipated Cash Requirements
Our primary sources of liquidity are cash on hand, cash flow from operations, borrowing capacity under iHeartCommunications' domestic receivables-based credit facility, subject to the limitations contained in iHeartCommunications' material financing agreements, and cash from liquidity-generating transactions. As of September 30, 2017, we had $286.4 million of cash and cash equivalents on our balance sheet, including $222.4 million of cash and cash equivalents held by our subsidiary, CCOH. Included in the cash held by CCOH is $206.1 million of cash held outside the U.S. It is our policy to permanently reinvest the earnings of our non-U.S. subsidiaries as these earnings are generally redeployed in those jurisdictions for operating needs and continued functioning of their businesses.  We have the ability and intent to indefinitely reinvest the undistributed earnings of consolidated subsidiaries based outside of the United States, except that excess cash from our foreign operations may be transferred to our operations in the United States if needed to fund operations in the United States, subject to the foreseeable cash needs of our foreign operations and the mutual agreement of us and CCOH.  If any excess cash held by our foreign subsidiaries is needed to fund operations in the United States, we could presently repatriate available funds without a requirement to accrue or pay U.S. taxes.  This is a result of significant deficits, as calculated for tax law purposes, in our foreign earnings and profits, which gives us flexibility to make future cash distributions as non-taxable returns of capital. 
As of September 30, 2017, we had a borrowing base of $499.1 million under iHeartCommunications' receivables-based credit facility, had $365.0 million of outstanding borrowings and had $49.1 million of outstanding letters of credit, resulting in $85.0 million of excess availability.  However, any incremental borrowings under iHeartCommunications' receivables-based credit facility are further limited by the terms contained in iHeartCommunications' material financing agreements.

26


Our primary uses of liquidity are to fund our working capital, debt service, capital expenditures and other obligations.  At September 30, 2017, we had debt maturities totaling $366.9 million, $308.5 million (net of $277.1 million due to certain subsidiaries of iHeartCommunications) and $8,368.9 million in 2017, 2018 and 2019, respectively.  A substantial amount of our cash requirements are for debt service obligations.  We anticipate having approximately $344.6 million of cash interest payment obligations during the three months ending December 31, 2017.  Our significant interest payment obligations reduce our financial flexibility, make us more vulnerable to changes in operating performance and economic downturns, reduce our liquidity and negatively affect iHeartCommunications' ability to obtain additional financing in the future.
During the second quarter of 2014, the FASB issued ASU No. 2014-15, Presentation of Financial Statements - Going Concern (Subtopic 205-40): Disclosure of Uncertainties about an Entity's Ability to Continue as a Going Concern. This update provides U.S. GAAP guidance on management's responsibility in evaluating whether there is substantial doubt about a company's ability to continue as a going concern and about related footnote disclosures. We adopted this standard for the year ended December 31, 2016. Under this standard, we are required to evaluate whether there is substantial doubt about our ability to continue as a going concern each reporting period, including interim periods.
In evaluating our ability to continue as a going concern, management considered the conditions and events that could raise substantial doubt about our ability to continue as a going concern for a period of 12 months following the date our financial statements were issued (November 8, 2017). Management considered our current financial condition and liquidity sources, including current funds available, forecasted future cash flows and our conditional and unconditional obligations due before November 8, 2018.
A substantial amount of our cash requirements are for debt service obligations. Although we have generated operating income in excess of $1.0 billion in each of the years ended December 31, 2016 and 2015, we incurred net losses and had negative cash flows from operations for each of these years as a result of significant cash interest payments arising from our substantial debt balance. For the nine months ended September 30, 2017, we used cash of $558.7 million for operating activities, which included cash paid for interest of $1,426.4 million. Our current forecast indicates we will continue to incur net losses and generate negative cash flows from operating activities as a result of our indebtedness and significant related interest expense. At September 30, 2017, the Company had debt maturities totaling $366.9 million, $308.5 million (net of $277.1 million due to certain of our subsidiaries) and $8,368.9 million in 2017, 2018 and 2019, respectively. In October 2017, we exchanged $45.0 million principal amount of 11.25% Priority Guarantee Notes due 2021 that were held by a subsidiary of iHeartCommunications for $45.0 million principal amount of 10.0% Senior Notes due 2018 that were held by unaffiliated third parties. After the exchanges, our debt maturities in the next 12 months include, (i) $365.0 million outstanding under iHeartCommunications' receivables-based credit facility, which matures on December 24, 2017, (ii) $51.5 million of 10% Senior Notes due January 15, 2018, (iii) $175.0 million of 6.875% Senior Notes due June 15, 2018 and (iv) $24.8 million of contractual AHYDO catch-up payments to be made on iHeartCommunications' 14% Senior Notes due 2021 on the interest payment due on August 1, 2018. Our forecast includes approximately $1.8 billion in cash interest payments in the next 12 months, of which $344.6 million is payable in the fourth quarter of 2017 and $548.2 million is payable in the first quarter of 2018. In addition, in certain circumstances, a committee of the CCOH board of directors formed for the specific purpose of monitoring the Intercompany Note (the “CCOH Intercompany Note Committee”) has the non-exclusive authority to demand payments under the Intercompany Note, as long as the CCOH board of directors declares a simultaneous dividend equal to the amount so demanded.  As of November 8, 2017, the CCOH Intercompany Note Committee has the right pursuant to the terms of the settlement of the derivative litigation filed by CCOH’s stockholders regarding the Intercompany Note but not the obligation, to make a demand on the Intercompany Note. If the CCOH Intercompany Note Committee exercises this right to demand a full repayment of the Intercompany Note and the CCOH board of directors declares a simultaneous dividend, based on the balance of the Intercompany Note outstanding at September 30, 2017, approximately $110.4 million would be payable to the public stockholders of CCOH. If we are unable to refinance the amounts outstanding under the receivables-based credit facility, the 10% Senior Notes due January 15, 2018 and/or the 6.875% Senior Notes due June 15, 2018 and take other steps to create additional liquidity, forecasted cash flows are not sufficient for us to meet our obligations, including upcoming interest payments and maturities on our outstanding debt, as they become due in the ordinary course of business for a period of 12 months following November 8, 2017. As discussed below, we have plans to reduce our principal and interest obligations and to create additional liquidity.
We are in advanced negotiations with potential lenders to refinance the amounts outstanding under iHeartCommunications' receivables-based credit facility and currently expect to refinance the amounts outstanding under that facility prior to its maturity. In addition, we are taking actions to maximize cash available to meet our obligations as they become due in the ordinary course of business. In addition, as more fully described in Note 3 of our financial statements, we launched notes exchange offers and term loan offers in March 2017, which notes exchange offers and term loan offers remain open as of November 8, 2017. We have engaged in discussions with many of our lenders and noteholders regarding the terms of the global exchange offers and the term loan offers, which have been revised since launch and remain subject to substantial further revision, but no agreement has been reached with respect to those discussions and the discussions remain ongoing. These actions are intended to mitigate those

27


conditions which raise substantial doubt about our ability to continue as a going concern for a period of 12 months following November 8, 2017.
While we continue to work toward completing the notes exchange offers and the term loan offers or other similar transactions, refinancing the amounts outstanding under the receivables-based credit facility and taking other actions to create additional liquidity, there is no assurance that the notes exchange offers and the term loan offers or other similar transactions will be completed, that the amounts outstanding under the receivables-based credit facility will be refinanced or that we will be able to create additional liquidity. Our ability to meet our obligations as they become due in the ordinary course of business for the next 12 months will depend on our ability to achieve forecasted results, our ability to conserve cash, our ability to refinance the amounts outstanding under iHeartCommunications' receivables-based credit facility, our ability to successfully complete the notes exchange offers and the term loan offers or other similar transactions and achieve sufficient cash interest savings therefrom and our ability to complete other liquidity-generating transactions. Based on the uncertainty of achieving these actions and the significance of the forecasted future negative cash flows resulting from our substantial debt balance, including anticipated future cash interest payments (including interest due in the fourth quarter of 2017 and in 2018) and the maturities of the $365.0 million in current borrowings under iHeartCommunications' receivables-based credit facility that matures December 24, 2017, the $51.5 million aggregate principal amount of 10% Senior Notes due January 15, 2018, the $175.0 million aggregate principal amount of 6.875% Senior Notes due June 15, 2018 and the $24.8 million of contractual AHYDO catch-up payments to be made on iHeartCommunications' 14% Senior Notes due 2021 beginning with the interest payment due on August 1, 2018, management has determined that there is substantial doubt as to our ability to continue as a going concern for a period of 12 months following November 8, 2017.
If we are unable to complete any of the actions described in the paragraph above, or if there are material adverse developments in our business, results of operations or liquidity, we may be forced to further reduce or delay our business activities and capital expenditures, sell material assets, seek additional capital or file for bankruptcy court protection. We cannot assure you that we would be able to accomplish any of these actions on a timely basis or on satisfactory terms, if at all.
In connection with the cash management arrangements for CCOH, iHeartCommunications maintains an intercompany revolving promissory note payable by iHeartCommunications to CCOH (the "Intercompany Note"), which matures on December 15, 2017. As of September 30, 2017, the balance of the Note was $1,051.3 million, all of which is payable on demand. While we intend to extend the maturity of the Intercompany Note prior to its maturity, the principal amount outstanding under the Intercompany Note is subject to demand by CCOH or the CCOH Intercompany Note Committee. See "--CCOH Dividends" below.
The covenants in iHeartCommunications' senior secured credit facilities include a requirement that we receive an opinion from our auditors in connection with our year-end audit that is not subject to a “going concern” or like qualification or exception. Even if we are able to successfully refinance the amounts outstanding under iHeartCommunications' receivables-based credit facility and manage our liquidity challenges through the end of 2017, if we are unable to improve our liquidity forecast for 2018 and refinance or extend a significant portion of our substantial 2019 debt maturities prior to the completion of the audit of our 2017 financial statements, we anticipate that our auditor’s year-end opinion will contain a “going concern” qualification, and, if we are unable to obtain a waiver or amendment of the covenant in the senior secured credit facilities that requires us to deliver an unqualified auditor’s opinion, it will trigger a default under the senior secured credit facilities. We cannot assure you that we will be able to obtain such a waiver or amendment.
Except as set forth below under "Non-Payment of $57.1 Million of iHeartCommunications' Legacy Notes Held by an Affiliate," we were in compliance with the covenants contained in iHeartCommunications' material financing agreements as of September 30, 2017, including the maximum consolidated senior secured net debt to consolidated EBITDA limitation contained in iHeartCommunications' senior secured credit facilities. However, our future results are subject to significant uncertainty and there can be no assurance that we will be able to maintain compliance with these covenants. Our ability to comply with these covenants in the future may be affected by events beyond our control, including the uncertainties described above and prevailing economic, financial and industry conditions. The breach of any covenants set forth in iHeartCommunications' financing agreements would result in a default thereunder. An event of default would permit the lenders under a defaulted financing agreement to declare all indebtedness thereunder to be immediately due and payable. Moreover, the lenders under the receivables-based credit facility under iHeartCommunications' senior secured credit facilities would have the option to terminate their commitments to make further extensions of credit thereunder. If we are unable to repay iHeartCommunications' obligations under any secured credit facility, the lenders could proceed against any assets that were pledged to secure such facility. In addition, a default or acceleration under any of iHeartCommunications' material financing agreements could cause a default under other of our obligations that are subject to cross-default and cross-acceleration provisions. The threshold amount for a cross-default under the senior secured credit facilities and the indentures governing our outstanding bonds is $100.0 million. The default resulting from non-payment of the $57.1 million

28


of 5.50% Senior Notes described below is below the $100.0 million cross-default threshold in iHeartCommunications' debt documents but will be included in any determination as to whether that threshold has been met so long as that default is continuing.
Recent Liquidity-Generating Transactions
On February 7, 2017, iHeartCommunications completed an exchange offer of $476.4 million principal amount of its 10.0% Senior Notes due 2018 for $476.4 million principal amount of newly-issued 11.25% Priority Guarantee Notes due 2021. Of the $476.4 million principal amount of 11.25% Priority Guarantee Notes due 2021 issued in the exchange offer, $241.4 million principal amount was issued to subsidiaries of iHeartCommunications that participated in the exchange offer.
On February 9, 2017, CCOH declared a special dividend of $282.5 million using a portion of the proceeds from the sales of certain non-strategic U.S. outdoor markets and of our Australia outdoor business. On February 23, 2017, we received 89.9% of that dividend, or approximately $254.0 million, with the remaining 10.1%, or approximately $28.5 million, paid to public stockholders of CCOH. This transaction improved our liquidity position in the short term. We cannot assure you that we will enter into or consummate any liquidity-generating transactions, or that such transactions will provide sufficient cash to satisfy our liquidity needs, and any such transactions, if consummated, could adversely affect us in other ways. Future liquidity-generating transactions could have the effect of further increasing our annual cash interest payment obligations, reducing our cash flow from operations or reducing cash available for capital expenditures and other business initiatives.
On July 10, 2017, a subsidiary of iHeartCommunications exchanged $15.6 million aggregate principal amount outstanding of 10.0% Senior Notes due 2018 that were held by an unaffiliated third party for $15.6 million aggregate principal amount of its 11.25% Priority Guarantee Notes due 2021 that were held by a subsidiary of iHeartCommunications.
On July 31, 2017, iHeartCommunications borrowed an additional $60.0 million under its receivables-based credit facility.
On August 14, 2017, Clear Channel International B.V. ("CCIBV"), our indirect subsidiary, issued $150,000,000.0 million in aggregate principal amount of 8.75% Senior Notes due 2020 (the “New CCIBV Notes”). The New CCIBV Notes were issued as additional notes under the indenture governing CCIBV’s existing 8.75% Senior Notes due 2020 and were issued at a premium, which resulted in $156.0 million in proceeds.  The New CCIBV Notes mature on December 15, 2020 and bear interest at a rate of 8.75% per annum, payable semi-annually in arrears on June 15 and December 15 of each year.
In October 2017, a subsidiary of iHeartCommunications exchanged $45.0 million aggregate principal amount of 11.25% Priority Guarantee Notes due 2021 that were held by a subsidiary of iHeartCommunications for $45.0 million aggregate principal amount of 10.0% Senior Notes due 2018 that were held by unaffiliated third parties.
We have made and may in the future make repurchases and exchanges of indebtedness of iHeartCommunications. In addition, we frequently evaluate strategic opportunities both within and outside our existing lines of business. We expect from time to time to pursue dispositions or acquisitions, which could be material.  iHeartCommunications' and its subsidiaries’ significant amount of indebtedness may limit our ability to pursue dispositions or acquisitions.  The terms of our existing or future debt agreements may also restrict our ability to engage in these transactions.
Non-Payment of $57.1 Million of iHeartCommunications Legacy Notes Held by an Affiliate
Our wholly-owned subsidiary, Clear Channel Holdings, Inc. ("CCH"), owns $57.1 million aggregate principal amount of our 5.50% Senior Notes due 2016 (the "5.50% Senior Notes"). On December 9, 2016, a special committee of our independent directors decided to not repay the $57.1 million principal amount of the 5.50% Senior Notes held by CCH when the notes matured on December 15, 2016 and on December 12, 2016, we informed CCH of that decision. CCH informed us on that date that, while it retains its right to exercise remedies under the indenture governing the 5.50% Senior Notes (the "legacy notes indenture") in the future, it does not currently intend to, and it does not currently intend to request that the trustee, seek to collect principal amounts due or exercise or request enforcement of any remedy with respect to the nonpayment of such principal amount under the legacy notes indenture. As a result, $57.1 million of the 5.50% Senior Notes remain outstanding. We repaid the other $192.9 million of 5.50% Senior Notes held by other holders, and we intend to continue to pay interest on the 5.50% Senior Notes held by CCH for so long as such notes continue to remain outstanding.
For as long as we have at least $500 million of legacy notes outstanding, including the $57.1 million of 5.50% Senior Notes currently held by CCH, we will not have an obligation to grant certain additional security interests in favor of certain of our lenders and holders of our existing priority guarantee notes or the holders of our legacy notes under the "springing lien" described in the agreements governing that indebtedness, and the limitations existing with respect to the existing security interests will remain in place until up to 60 days following the date on which not more than $500 million aggregate principal amount of the legacy notes remain outstanding.

29


Notes Exchange Offers and Term Loan Offers
On March 15, 2017, iHeartCommunications commenced exchange offers (the “notes exchange offers”) to exchange certain series of its outstanding debt securities (the “Existing Notes”) for new securities of the Company, iHeartCommunications and CC Outdoor Holdings, Inc., a wholly-owned subsidiary of the Company, and concurrent consent solicitations with respect to the terms of the Existing Notes. On March 15, 2017, the Company also commenced offers (the “term loan offers”) to amend its outstanding Term Loan D and Term Loan E borrowings under its senior secured credit facilities and/or to issue new securities of the Company, CC Outdoor Holdings, Inc., Broader Media, LLC and/or iHeartCommunications to the lenders depending on the scenario in which the notes exchange offers and the term loan offers close. The notes exchange offers were amended on April 14, 2017. Both the notes exchange offers and the term loan offers were open as of November 8, 2017. The terms of the notes exchange offers and the term loan offers have been revised and are subject to substantial further revision, and the offers may never be consummated, on the terms currently proposed or otherwise.
Sources of Capital
As of September 30, 2017 and December 31, 2016, we had the following debt outstanding, net of cash and cash equivalents:
(In millions)
September 30, 2017
 
December 31, 2016
Senior Secured Credit Facilities:
 
 
 
Term Loan D Facility Due 2019
5,000.0

 
5,000.0

Term Loan E Facility Due 2019
1,300.0

 
1,300.0

Receivables Based Credit Facility Due 2017 (1)
365.0

 
330.0

9.0% Priority Guarantee Notes Due 2019
1,999.8

 
1,999.8

9.0% Priority Guarantee Notes Due 2021
1,750.0

 
1,750.0

11.25% Priority Guarantee Notes Due 2021(2)
825.5

 
575.0

9.0% Priority Guarantee Notes Due 2022
1,000.0

 
1,000.0

10.625% Priority Guarantee Notes Due 2023
950.0

 
950.0

Subsidiary Revolving Credit Facility due 2018(3)
—

 
—

Other Secured Subsidiary Debt
8.7

 
21.0

Total Secured Debt
13,199.0

 
12,925.8

 
 
 
 
14.0% Senior Notes Due 2021
1,763.9

 
1,729.2

Legacy Notes:
 
 
 
5.5% Senior Notes Due 2016(4)
—

 
—

6.875% Senior Notes Due 2018
175.0

 
175.0

7.25% Senior Notes Due 2027
300.0

 
300.0

10.0% Senior Notes Due 2018(2)
96.5

 
347.0

Subsidiary Senior Notes:
 
 
 
6.5% Series A Senior Notes Due 2022
735.8

 
735.8

6.5% Series B Senior Notes Due 2022
1,989.2

 
1,989.2

Subsidiary Senior Subordinated Notes:
 
 
 
7.625% Series A Senior Notes Due 2020
275.0

 
275.0

7.625% Series B Senior Notes Due 2020
1,925.0

 
1,925.0

Subsidiary 8.75% Senior Notes due 2020(5)
375.0

 
225.0

Other Subsidiary Debt
25.6

 
28.0

Purchase accounting adjustments and original issue discount
(142.8
)
 
(167.0
)
Long-term debt fees
(102.3
)
 
(123.0
)
Total Debt
20,614.9

 
20,365.0

Less: Cash and cash equivalents
286.4

 
845.0

 
$
20,328.5

 
$
19,520.0

(1)
The receivables-based credit facility provides for borrowings of up to the lesser of $535.0 million (the revolving credit commitment) or the borrowing base amount, as defined under the receivables-based credit facility, subject to certain limitations contained in

30


iHeartCommunications' material financing agreements. As of September 30, 2017, we had $85.0 million of availability under the receivables-based credit facility.
(2)
On February 7, 2017, iHeartCommunications completed an exchange offer of $476.4 million principal amount of its 10.0% Senior Notes due 2018 for $476.4 million principal amount of newly-issued 11.25% Priority Guarantee Notes due 2021, which were issued as "additional notes" under the indenture governing the 11.25% Priority Guarantee Notes due 2021. Of the $476.4 million principal amount of 11.25% Priority Guarantee Notes due 2021 issued in the exchange offer, $241.4 million principal amount was issued to subsidiaries of iHeartCommunications that participated in the exchange offer. On July 10, 2017, iHeartCommunications exchanged $15.6 million principal amount of its 10.0% Senior Notes due 2018 that were held by an unaffiliated third party for $15.6 million principal amount of its 11.25% Priority Guarantee Notes due 2021 that were held by a subsidiary of iHeartCommunications. In October 2017, iHeartCommunications exchanged $45.0 million principal amount of its 10.0% Senior Notes due 2018 that were held by unaffiliated third parties for $45.0 million principal amount of its 11.25% Priority Guarantee Notes due 2021 that were held by a subsidiary of iHeartCommunications.
(3)
The subsidiary revolving credit facility provides for borrowings of up to $75.0 million (the revolving credit commitment).
(4)
In December 2016, iHeartCommunications repaid at maturity $192.9 million of 5.5% Senior Notes due 2016 and did not pay $57.1 million of the notes held by a subsidiary of the Company. The $57.1 million of aggregate principal amount remains outstanding and is eliminated for purposes of consolidation of the Company's financial statements.
(5)
On August 14, 2017, CCIBV, our indirect subsidiary, issued $150,000,000.0 million in aggregate principal amount of 8.75% Senior Notes due 2020 (the “New CCIBV Notes”). The New CCIBV Notes were issued as additional notes under the indenture governing CCIBV’s existing 8.75% Senior Notes due 2020.
Our subsidiaries have from time to time repurchased certain debt obligations of iHeartCommunications and our equity securities and equity securities outstanding of CCOH, and may in the future, as part of various financing and investment strategies, purchase additional outstanding indebtedness of iHeartCommunications or its subsidiaries or our equity securities and equity securities outstanding of CCOH, in tender offers, open market purchases, privately negotiated transactions or otherwise. We or our subsidiaries may also sell certain assets, securities or properties. These purchases or sales, if any, could have a material positive or negative impact on our liquidity available to repay outstanding debt obligations or on our consolidated results of operations. These transactions could also require or result in amendments to the agreements governing outstanding debt obligations or changes in our leverage or other financial ratios, which could have a material positive or negative impact on our ability to comply with the covenants contained in iHeartCommunications' debt agreements. These transactions, if any, will depend on prevailing market conditions, our liquidity requirements, contractual restrictions and other factors. The amounts involved may be material.
Senior Secured Credit Facilities
The senior secured credit facilities require iHeartCommunications to comply on a quarterly basis with a financial covenant limiting the ratio of consolidated secured debt, net of cash and cash equivalents, to consolidated EBITDA (as defined by iHeartCommunications' senior secured credit facilities) for the preceding four quarters. iHeartCommunications' secured debt consists of the senior secured credit facilities, the receivables-based credit facility, the priority guarantee notes and certain other secured subsidiary debt.  As required by the definition of consolidated EBITDA in iHeartCommunications' senior secured credit facilities, iHeartCommunications' consolidated EBITDA for the preceding four quarters of $1.7 billion is calculated as operating income (loss) before depreciation, amortization, impairment charges and other operating income (expense), net plus share-based compensation and is further adjusted for the following items: (i) costs incurred in connection with the closure and/or consolidation of facilities, retention charges, consulting fees and other permitted activities; (ii) extraordinary, non-recurring or unusual gains or losses or expenses and severance; (iii) non-cash charges; (iv) cash received from nonconsolidated affiliates; and (v) various other items.

31


The following table reflects a reconciliation of consolidated EBITDA (as defined by iHeartCommunications' senior secured credit facilities) to operating income and net cash provided by operating activities for the four quarters ended September 30, 2017:
 
Four Quarters Ended
(In Millions)
September 30, 2017
Consolidated EBITDA (as defined by iHeartCommunications' senior secured credit facilities)
$
1,661.9

Less adjustments to consolidated EBITDA (as defined by iHeartCommunications' senior secured credit facilities):
 
Costs incurred in connection with the closure and/or consolidation of facilities, retention charges, consulting fees and other permitted activities
(44.9
)
Extraordinary, non-recurring or unusual gains or losses or expenses and severance (as referenced in the definition of consolidated EBITDA in iHeartCommunications' senior secured credit facilities)
(38.3
)
Non-cash charges
(1.9
)
Other items
68.9

Less: Depreciation and amortization, Impairment charges, Other operating income (expense), net and Share-based compensation expense
(460.8
)
Operating income
1,184.9

Plus: Depreciation and amortization, Impairment charges, Gain (loss) on disposal of operating and fixed assets, and Share-based compensation expense
454.2

Less: Interest expense
(1,848.9
)
Less: Current income tax expense
(29.0
)
Plus: Other income (expense), net
(37.3
)
Adjustments to reconcile consolidated net loss to net cash provided by operating activities (including Provision for doubtful accounts, Amortization of deferred financing charges and note discounts, net and Other reconciling items, net)
43.3

Change in assets and liabilities, net of assets acquired and liabilities assumed
(67.3
)
Net cash used for operating activities
$
(300.1
)
The maximum ratio permitted under this financial covenant was 8.75:1 for the four quarters ended September 30, 2017.  As of September 30, 2017, our ratio was 7.8:1.
In addition, the senior secured credit facilities include negative covenants that, subject to significant exceptions, limit iHeartCommunications' ability and the ability of its restricted subsidiaries to, among other things:
•incur additional indebtedness;
•create liens on assets;
•engage in mergers, consolidations, liquidations and dissolutions;
•sell assets;
•pay dividends and distributions or repurchase iHeartCommunications' capital stock;
•make investments, loans, or advances;
•prepay certain junior indebtedness;
•engage in certain transactions with affiliates;
•amend material agreements governing certain junior indebtedness; and
•change lines of business.

32


The senior secured credit facilities include certain customary representations and warranties, affirmative covenants and events of default, including payment defaults, breach of representations and warranties, covenant defaults, cross-defaults to certain indebtedness, certain events of bankruptcy, certain events under ERISA, material judgments, the invalidity of material provisions of the senior secured credit facilities documentation, the failure of collateral under the security documents for the senior secured credit facilities, the failure of the senior secured credit facilities to be senior debt under the subordination provisions of certain of iHeartCommunications' subordinated debt and a change of control. If an event of default occurs, the lenders under the senior secured credit facilities will be entitled to take various actions, including the acceleration of all amounts due under the senior secured credit facilities and all actions permitted to be taken by a secured creditor.
Disposals
In January 2017, we sold our Indianapolis, Indiana outdoor market in exchange for certain assets in Atlanta, Georgia, plus approximately $43.1 million in cash, net of closing costs. A net gain of $28.9 million was recognized related to the sale.
During the third quarter of 2017, Americas outdoor sold its ownership interest in a joint venture in Canada. As a result, the Company recognized a net loss on sale of $12.1 million, including a $6.3 million cumulative translation adjustment, which is included within Other operating income (expense), net.
Uses of Capital
Debt Repayments, Maturities and Other
On February 7, 2017, iHeartCommunications completed an exchange offer of $476.4 million principal amount of iHeartCommunications' 10.0% Senior Notes due 2018 for $476.4 million principal amount of newly-issued 11.25% Priority Guarantee Notes due 2021, which were issued as “additional notes” under the indenture governing the 11.25% Priority Guarantee Notes due 2021. Of the $476.4 million principal amount of 11.25% Priority Guarantee Notes due 2021 issued in the exchange offer, $241.4 million principal amount was issued to subsidiaries of iHeartCommunications that participated in the exchange offer.
On January 31, 2017, iHeartCommunications repaid $25.0 million of the amount borrowed under its receivables-based credit facility and on July 31, 2017, we borrowed an additional $60.0 million under our receivables-based credit facility, resulting in total outstanding borrowings under this facility of $365.0 million as of September 30, 2017.
On July 10, 2017, a subsidiary of iHeartCommunications exchanged $15.6 million principal amount of iHeartCommunications' 11.25% Priority Guarantee Notes due 2021 that were held by a subsidiary of iHeartCommunications for $15.6 million principal amount of iHeartCommunications' 10.0% Senior Notes due 2018 that were held by an unaffiliated third party.
In October 2017, iHeartCommunications exchanged $45.0 million principal amount of 11.25% Priority Guarantee Notes due 2021 that were held by a subsidiary of iHeartCommunications for $45.0 million principal amount of iHeartCommunications' 10.0% Senior Notes due 2018 that were held by unaffiliated third parties.
Certain Relationships with the Sponsors
We are party to a management agreement with certain affiliates of the Sponsors and certain other parties pursuant to which such affiliates of the Sponsors will provide management and financial advisory services until 2018.  These arrangements require management fees to be paid to such affiliates of the Sponsors for such services at a rate not greater than $15.0 million per year, plus reimbursable expenses.  For the three and nine months ended September 30, 2017, the Company recognized management fees and reimbursable expenses of $3.8 million and $11.4 million, respectively, and $3.9 million and $11.5 million for the three and nine months ended September 30, 2016, respectively.
CCOH Dividends
In connection with the cash management arrangements for CCOH, iHeartCommunications maintains an intercompany revolving promissory note payable by iHeartCommunications to CCOH (the “Intercompany Note”), which consists of the net activities resulting from day-to-day cash management services provided by iHeartCommunications to CCOH.  As of September 30, 2017, the balance of the Note was $1,051.3 million, all of which is payable on demand.  The Intercompany Note is eliminated in consolidation in our consolidated financial statements.
The Intercompany Note previously was the subject of litigation. Pursuant to the terms of the settlement of that litigation, CCOH’s board of directors established an intercompany note committee for the specific purpose of monitoring the Intercompany Note. The CCOH Intercompany Note Committee has the non-exclusive authority, pursuant to the terms of its charter, to demand payments under the Intercompany Note under certain specified circumstances tied to the Company’s liquidity or the amount

33


outstanding under the Intercompany Note as long as CCOH makes a simultaneous dividend equal to the amount so demanded. If the specified circumstances tied to the Company’s liquidity occur, the CCOH Intercompany Note Committee is authorized to demand repayment of up to the full principal amount of the Intercompany Note, if it declares a simultaneous dividend to CCOH’s stockholders in the same amount. As of November 8, 2017, the CCOH Intercompany Note Committee has the right pursuant to the terms of the settlement of the derivative litigation filed by CCOH’s stockholders regarding the Intercompany Note but not the obligation, to make a demand on the Intercompany Note. Based on the $1,051.3 million balance of the Intercompany Note and the ownership of CCOH as of September 30, 2017, if the CCOH Intercompany Note Committee were to demand repayment of the Intercompany Note in full, we would be required to use cash to fund approximately $110.4 million, or 10.5% of the dividend, to be paid to the public stockholders of CCOH. We cannot assure you that we will have sufficient cash available to make such a payment if the liquidity trigger occurs.
During the fourth quarter of 2016, CCOH sold its outdoor business in Australia for cash proceeds of $195.7 million, net of cash retained by the purchaser and closing costs.  As discussed above under "Recent Liquidity-Generating Transactions," on February 9, 2017, CCOH declared a special dividend of $282.5 million using a portion of the cash proceeds from the sales of certain non-strategic U.S. outdoor markets and of our Australia outdoor business. On February 23, 2017, we received 89.9% of the dividend, or approximately $254.0 million, with the remaining 10.1%, or approximately $28.5 million, paid to public stockholders of CCOH.
On September 14, 2017, (i) CCOH provided notice of its intent to make a demand (the “First Demand”) for repayment on October 5, 2017 of $25.0 million outstanding under the Intercompany Note, and (ii) the board of directors of CCOH declared a special cash dividend, which was paid on October 5, 2017 to CCOH’s Class A and Class B stockholders of record at the closing of business on October 2, 2017, in an aggregate amount equal to $25.0 million, funded with the proceeds of the First Demand. iHeartCommunications received approximately 89.5%, or approximately $22.4 million, of the proceeds of the dividend through its wholly-owned subsidiaries. The remaining approximately 10.5% of the proceeds of the dividend, or approximately $2.6 million, was paid to the public stockholders of CCOH.

On October 11, 2017, (i) CCOH provided notice of its intent to make a demand (the “Second Demand”) for repayment on October 31, 2017 of $25.0 million outstanding under the Intercompany Note, and (ii) the board of directors of CCOH declared a special cash dividend, which was paid on October 31, 2017 to CCOH’s Class A and Class B stockholders of record at the closing of business on October 26, 2017, in an aggregate amount equal to $25.0 million, funded with the proceeds of the Second Demand. iHeartCommunications received approximately 89.5%, or approximately $22.4 million, of the proceeds of the dividend through its wholly-owned subsidiaries. The remaining approximately 10.5% of the proceeds of the dividend, or approximately $2.6 million, was paid to the public stockholders of CCOH.

Commitments, Contingencies and Guarantees
We are currently involved in certain legal proceedings arising in the ordinary course of business and, as required, have accrued our estimate of the probable costs for resolution of those claims for which the occurrence of loss is probable and the amount can be reasonably estimated.  These estimates have been developed in consultation with counsel and are based upon an analysis of potential results, assuming a combination of litigation and settlement strategies. It is possible, however, that future results of operations for any particular period could be materially affected by changes in our assumptions or the effectiveness of our strategies related to these proceedings.  Please refer to “Legal Proceedings” in Part II, Item 1 of this Quarterly Report on Form 10-Q.
SEASONALITY
Typically, the iHM, Americas outdoor and International outdoor segments experience their lowest financial performance in the first quarter of the calendar year, with International outdoor historically experiencing a loss from operations in that period. Our International outdoor segment typically experiences its strongest performance in the second and fourth quarters of the calendar year. We expect this trend to continue in the future. In addition, the majority of interest payments made in relation to long-term debt are paid in the first and third quarters of each calendar year.  Due to this seasonality and certain other factors, the results for the interim periods may not be indicative of results for the full year.  
MARKET RISK
We are exposed to market risks arising from changes in market rates and prices, including movements in interest rates, foreign currency exchange rates and inflation.
Interest Rate Risk

34


A significant amount of our long-term debt bears interest at variable rates. Accordingly, our earnings will be affected by changes in interest rates. As of September 30, 2017, approximately 32% of our aggregate principal amount of long-term debt bears interest at floating rates. Assuming the current level of borrowings and assuming a 50% change in LIBOR, it is estimated that our interest expense for the nine months ended September 30, 2017 would have changed by $26.2 million.
In the event of an adverse change in interest rates, management may take actions to mitigate our exposure.  However, due to the uncertainty of the actions that would be taken and their possible effects, the preceding interest rate sensitivity analysis assumes no such actions.  Further, the analysis does not consider the effects of the change in the level of overall economic activity that could exist in such an environment.
Foreign Currency Exchange Rate Risk
We have operations in countries throughout the world.  Foreign operations are measured in their local currencies.  As a result, our financial results could be affected by factors such as changes in foreign currency exchange rates or weak economic conditions in the foreign markets in which we have operations.  We believe we mitigate a small portion of our exposure to foreign currency fluctuations with a natural hedge through borrowings in currencies other than the U.S. dollar. Our foreign operations reported net losses of $15.2 million and $15.4 million for three and nine months ended September 30, 2017, respectively.  We estimate a 10% increase in the value of the U.S. dollar relative to foreign currencies would have decreased our net losses for the three and nine months ended September 30, 2017 by $1.5 million, respectively.  A 10% decrease in the value of the U.S. dollar relative to foreign currencies during the three and nine months ended September 30, 2017 would have increased our net losses for the three and nine months ended September 30, 2017 by corresponding amounts.
This analysis does not consider the implications that such currency fluctuations could have on the overall economic activity that could exist in such an environment in the U.S. or the foreign countries or on the results of operations of these foreign entities.
Inflation
Inflation is a factor in the economies in which we do business and we continue to seek ways to mitigate its effect.  Inflation has affected our performance in terms of higher costs for wages, salaries and equipment.  Although the exact impact of inflation is indeterminable, we believe we have offset these higher costs by increasing the effective advertising rates of most of our broadcasting stations and outdoor display faces in our iHM, Americas outdoor and International outdoor operations.
CRITICAL ACCOUNTING ESTIMATES
The preparation of our financial statements in conformity with U.S. GAAP requires management to make estimates, judgments and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amount of expenses during the reporting period. On an ongoing basis, we evaluate our estimates that are based on historical experience and on various other assumptions that are believed to be reasonable under the circumstances. The result of these evaluations forms the basis for making judgments about the carrying values of assets and liabilities and the reported amount of expenses that are not readily apparent from other sources. Because future events and their effects cannot be determined with certainty, actual results could differ from our assumptions and estimates, and such difference could be material. Our significant accounting policies are discussed in the notes to our consolidated financial statements included in Note 1 of this Quarterly Report on Form 10-Q. Management believes that the following accounting estimates are the most critical to aid in fully understanding and evaluating our reported financial results, and they require management’s most difficult, subjective or complex judgments, resulting from the need to make estimates about the effect of matters that are inherently uncertain. The following narrative describes these critical accounting estimates, the judgments and assumptions and the effect if actual results differ from these assumptions.

The Company performs its annual impairment test on goodwill and indefinite-lived intangible assets as of July 1 of each year.
    
Indefinite-lived Intangible Assets
In connection with the Merger Agreement pursuant to which we acquired iHeartCommunications in 2008, we allocated the purchase price to all of our assets and liabilities at estimated fair values, including our FCC licenses and our billboard permits. Indefinite-lived intangible assets, such as our FCC licenses and our billboard permits, are reviewed annually for possible impairment using the direct valuation method as prescribed in ASC 805-20-S99. Under the direct valuation method, the estimated fair value of the indefinite-lived intangible assets was calculated at the market level as prescribed by ASC 350-30-35. Under the direct valuation method, it is assumed that rather than acquiring indefinite-lived intangible assets as a part of a going concern business, the buyer hypothetically obtains indefinite-lived intangible assets and builds a new operation with similar attributes from scratch.

35


Thus, the buyer incurs start-up costs during the build-up phase which are normally associated with going concern value. Initial capital costs are deducted from the discounted cash flows model, which results in value that is directly attributable to the indefinite-lived intangible assets.

Our key assumptions using the direct valuation method are market revenue growth rates, market share, profit margin, duration and profile of the build-up period, estimated start-up capital costs and losses incurred during the build-up period, the risk-adjusted discount rate and terminal values. This data is populated using industry normalized information representing an average asset within a market.

On July 1, 2017, we performed our annual impairment test in accordance with ASC 350-30-35 and recognized impairment charges of $6.0 million related to FCC Licenses and no impairment related to outdoor billboard permits.

In determining the fair value of our FCC licenses, the following key assumptions were used:

•
Revenue growth sales forecasts published by BIA Financial Network, Inc. (“BIA”), varying by market, were used for the initial four-year period;
•
2.0% revenue growth was assumed beyond the initial four-year period;
•
Revenue was grown proportionally over a build-up period, reaching market revenue forecast by year 3;
•
Operating margins of 12.5% in the first year gradually climb to the industry average margin in year 3 of up to 25.0%, depending on market size; and
•
Assumed discount rates of 8.0% for the 13 largest markets and 8.5% for all other markets.

In determining the fair value of our billboard permits, the following key assumptions were used:

•
Industry revenue growth forecasts between 0.5% and 3.5% were used for the initial four-year period;
•
3.0% revenue growth was assumed beyond the initial four-year period;
•
Revenue was grown over a build-up period, reaching maturity by year 2;
•
Operating margins gradually climb to the industry average margin of up to 55.9%, depending on market size, by year 3; and
•
Assumed discount rate of 7.5%.

While we believe we have made reasonable estimates and utilized appropriate assumptions to calculate the fair value of our indefinite-lived intangible assets, it is possible a material change could occur. If future results are not consistent with our assumptions and estimates, we may be exposed to impairment charges in the future. The following table shows the change in the fair value of our indefinite-lived intangible assets that would result from a 100 basis point decline in our discrete and terminal period revenue growth rate and profit margin assumptions and a 100 basis point increase in our discount rate assumption:
(In thousands)
 
Revenue
 
Profit
 
Discount
Description
 
Growth Rate
 
Margin
 
Rates
FCC license
 
$
485,735

 
$
183,700

 
$
549,775

Billboard permits
 
$
1,107,600

 
$
161,800

 
$
1,118,300

The estimated fair value of our FCC licenses and billboard permits at July 1, 2017 was $7.0 billion ($3.2 billion for FCC licenses and $3.7 billion for billboard permits), while the carrying value was $3.4 billion. The estimated fair value of our FCC licenses and billboard permits at July 1, 2016 was $7.1 billion ($3.1 billion for FCC licenses and $4.0 billion for billboard permits), while the carrying value was $3.4 billion.

Goodwill
Goodwill represents the excess of the purchase price over the fair value of identifiable net assets acquired in business combinations. We test goodwill at interim dates if events or changes in circumstances indicate that goodwill might be impaired. The fair value of our reporting units is used to apply value to the net assets of each reporting unit. To the extent that the carrying amount of net assets would exceed the fair value, an impairment charge may be required to be recorded.

The discounted cash flow approach we use for valuing goodwill as part of the two-step impairment testing approach involves estimating future cash flows expected to be generated from the related assets, discounted to their present value using a risk-adjusted discount rate. Terminal values are also estimated and discounted to their present value.


36


On July 1, 2017, we performed our annual impairment test in accordance with ASC 350-30-35, resulting in a goodwill impairment charge of $1.6 million related to one of our International outdoor markets. In determining the fair value of our reporting units, we used the following assumptions:

•
Expected cash flows underlying our business plans for the periods 2017 through 2021. Our cash flow assumptions are based on detailed, multi-year forecasts performed by each of our operating segments, and reflect the advertising outlook across our businesses.
•
Cash flows beyond 2021 are projected to grow at a perpetual growth rate, which we estimated at 2.0% for our iHM segment, 3.0% for our Americas outdoor and International outdoor segments, and 2.0% for our Other segment (beyond 2024).
•
In order to risk adjust the cash flow projections in determining fair value, we utilized a discount rate of approximately 8.0% to 11.5% for each of our reporting units.

Based on our annual assessment using the assumptions described above, a hypothetical 10% reduction in the estimated fair value in each of our reporting units would not result in a material impairment condition.

While we believe we have made reasonable estimates and utilized appropriate assumptions to calculate the estimated fair value of our reporting units, it is possible a material change could occur. If future results are not consistent with our assumptions and estimates, we may be exposed to impairment charges in the future. The following table shows the decline in the fair value of each of our reportable segments that would result from a 100 basis point decline in our discrete and terminal period revenue growth rate and profit margin assumptions and a 100 basis point increase in our discount rate assumption:
(In thousands)
 
Revenue
 
Profit
 
Discount
Description
 
Growth Rate
 
Margin
 
Rates
iHM
 
$
1,180,000

 
$
310,000

 
$
1,150,000

Americas Outdoor
 
$
820,000

 
$
170,000

 
$
780,000

International Outdoor
 
$
260,000

 
$
210,000

 
$
220,000


CAUTIONARY STATEMENT CONCERNING FORWARD-LOOKING STATEMENTS
The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements made by us or on our behalf.  Except for the historical information, this report contains various forward-looking statements which represent our expectations or beliefs concerning future events, including, without limitation, our future operating and financial performance, our liquidity, our ability to comply with the covenants in the agreements governing our indebtedness and the availability of capital and the terms thereof.  Statements expressing expectations and projections with respect to future matters are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.  We caution that these forward-looking statements involve a number of risks and uncertainties and are subject to many variables which could impact our future performance.  These statements are made on the basis of management’s views and assumptions, as of the time the statements are made, regarding future events and performance.  There can be no assurance, however, that management’s expectations will necessarily come to pass.  Actual future events and performance may differ materially from the expectations reflected in our forward-looking statements.  We do not intend, nor do we undertake any duty, to update any forward-looking statements.
A wide range of factors could materially affect future developments and performance, including but not limited to:
•
our ability to continue as a going concern;
•
the impact of our substantial indebtedness, including the effect of our leverage on our financial position and earnings;
•
our ability to generate sufficient cash from operations and liquidity-generating transactions and our need to allocate significant amounts of our cash to make payments on our indebtedness, which in turn could reduce our financial flexibility and ability to fund other activities;
•
risks associated with weak or uncertain global economic conditions and their impact on the capital markets;
•
other general economic and political conditions in the United States and in other countries in which we currently do business, including those resulting from recessions, political events and acts or threats of terrorism or military conflicts;
•
industry conditions, including competition;
•
the level of expenditures on advertising;
•
legislative or regulatory requirements;
•
fluctuations in operating costs;
•
technological changes and innovations;

37


•
changes in labor conditions, including programming, program hosts and management;
•
capital expenditure requirements;
•
risks of doing business in foreign countries;
•
fluctuations in exchange rates and currency values;
•
the outcome of pending and future litigation;
•
taxes and tax disputes;
•
changes in interest rates;
•
shifts in population and other demographics;
•
access to capital markets and borrowed indebtedness;
•
our ability to implement our business strategies;
•
the risk that we may not be able to integrate the operations of acquired businesses successfully;
•
the risk that our strategic revenue and efficiency initiatives may not be entirely successful or that any cost savings achieved from such strategic revenue and efficiency initiatives may not persist; and
•
certain other factors set forth in our other filings with the SEC.
This list of factors that may affect future performance and the accuracy of forward-looking statements is illustrative and is not intended to be exhaustive.  Accordingly, all forward-looking statements should be evaluated with the understanding of their inherent uncertainty.
ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK
Required information is presented under “Market Risk” within Item 2 of this Part I.
ITEM 4. CONTROLS AND PROCEDURES
As required by Rule 13a-15(b) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), under the supervision and with the participation of management, including our Chief Executive Officer and our Chief Financial Officer, we have carried out an evaluation of the effectiveness of the design and operation of our disclosure controls and procedures (as defined in Rule 13a-15(e) under the Exchange Act) as of the end of the period covered by this report.  Our disclosure controls and procedures are designed to provide reasonable assurance that information we are required to disclose in reports that are filed or submitted under the Exchange Act is accumulated and communicated to our management, including our Chief Executive Officer and our Chief Financial Officer, as appropriate to allow timely decisions regarding required disclosure and is recorded, processed, summarized and reported within the time periods specified by the SEC.  Based on that evaluation, our Chief Executive Officer and our Chief Financial Officer concluded that our disclosure controls and procedures were effective as of September 30, 2017 at the reasonable assurance level.
There were no changes in our internal control over financial reporting that occurred during the quarter ended September 30, 2017 that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

38


PART II -- OTHER INFORMATION
ITEM 1.  LEGAL PROCEEDINGS
We currently are involved in certain legal proceedings arising in the ordinary course of business and, as required, have accrued an estimate of the probable costs for the resolution of those claims for which the occurrence of loss is probable and the amount can be reasonably estimated.  These estimates have been developed in consultation with counsel and are based upon an analysis of potential results, assuming a combination of litigation and settlement strategies.  It is possible, however, that future results of operations for any particular period could be materially affected by changes in our assumptions or the effectiveness of our strategies related to these proceedings.  Additionally, due to the inherent uncertainty of litigation, there can be no assurance that the resolution of any particular claim or proceeding would not have a material adverse effect on our financial condition or results of operations.
Although we are involved in a variety of legal proceedings in the ordinary course of business, a large portion of our litigation arises in the following contexts: commercial disputes; defamation matters; employment and benefits related claims; governmental fines; intellectual property claims; and tax disputes.
Stockholder Litigation
On May 9, 2016, a stockholder of Clear Channel Outdoor Holdings, Inc. ("CCOH") filed a derivative lawsuit in the Court of Chancery of the State of Delaware, captioned GAMCO Asset Management Inc. v. iHeartMedia Inc. et al., C.A. No. 12312-VCS. The complaint names as defendants the Company, iHeartCommunications, Inc. ("iHeartCommunications"), an indirect subsidiary of the Company, Bain Capital Partners, LLC and Thomas H. Lee Partners, L.P. (together, the "Sponsor Defendants"), the Company's private equity sponsors and majority owners, and the members of CCOH's board of directors. CCOH also is named as a nominal defendant. The complaint alleges that CCOH has been harmed by the intercompany agreements with iHeartCommunications, CCOH’s lack of autonomy over its own cash and the actions of the defendants in serving the interests of the Company, iHeartCommunications and the Sponsor Defendants to the detriment of CCOH and its minority stockholders. Specifically, the complaint alleges that the defendants have breached their fiduciary duties by causing CCOH to: (i) continue to loan cash to iHeartCommunications under the intercompany note at below-market rates; (ii) abandon its growth and acquisition strategies in favor of transactions that would provide cash to the Company and iHeartCommunications; (iii) issue new debt in the CCIBV note offering (the "CCIBV Note Offering") to provide cash to the Company and iHeartCommunications through a dividend; and (iv) effect the sales of certain outdoor markets in the U.S. (the "Outdoor Asset Sales") allegedly to provide cash to the Company and iHeartCommunications through a dividend. The complaint also alleges that the Company, iHeartCommunications and the Sponsor Defendants aided and abetted the directors' breaches of their fiduciary duties. The complaint further alleges that the Company, iHeartCommunications and the Sponsor Defendants were unjustly enriched as a result of these transactions and that these transactions constituted a waste of corporate assets for which the defendants are liable to CCOH. The plaintiff is seeking, among other things, a ruling that the defendants breached their fiduciary duties to CCOH and that the Company, iHeartCommunications and the Sponsor Defendants aided and abetted the CCOH board of directors' breaches of fiduciary duty, rescission of payments made by CCOH to iHeartCommunications and its affiliates pursuant to dividends declared in connection with the CCIBV Note Offering and Outdoor Asset Sales, and an order requiring the Company, iHeartCommunications and the Sponsor Defendants to disgorge all profits they have received as a result of the alleged fiduciary misconduct.
On July 20, 2016, the defendants filed a motion to dismiss plaintiff's verified stockholder derivative complaint for failure to state a claim upon which relief can be granted. On November 23, 2016, the Court granted defendants’ motion to dismiss all claims brought by the plaintiff.  On December 19, 2016, the plaintiff filed a notice of appeal of the ruling. The oral hearing on the appeal was held on October 11, 2017. On October 12, 2017, the Supreme Court of Delaware affirmed the lower court's ruling, dismissing the case.
International Outdoor Investigation
On April 21, 2015, inspections were conducted at the premises of Clear Channel in Denmark and Sweden as part of an investigation by Danish competition authorities.  Additionally, on the same day, Clear Channel UK received a communication from the UK competition authorities, also in connection with the investigation by Danish competition authorities. Clear Channel and its affiliates are cooperating with the national competition authorities.

ITEM 1A.  RISK FACTORS
For information regarding our risk factors, please refer to Item 1A in our Annual Report on Form 10-K for the year ended December 31, 2016 (the "Annual Report") and our Quarterly Reports on Form 10-Q. There have not been any material changes

39


in the risk factors disclosed in our Annual Report and Quarterly Reports, except that we are updating the risk factor entitled "To service our debt obligations and to fund our operations and our capital expenditures, we require a significant amount of cash to meet our needs, which depends on many factors beyond our control" as set forth below:
To service our debt obligations and to fund our operations and our capital expenditures, we require a significant amount of cash to meet our needs, which depends on many factors beyond our control, and management has determined that there is substantial doubt as to our ability to continue as a going concern for a period within 12 months following November 8, 2017 based on the uncertainty about these factors
To service our debt obligations and to fund our operations and our capital expenditures, we require a significant amount of cash.  Our primary sources of liquidity are cash on hand, cash flow from operations, borrowing capacity under iHeartCommunications' domestic receivables-based credit facility, subject to the limitations contained in iHeartCommunications' material financing agreements, and cash from liquidity-generating transactions.  As of September 30, 2017, we had $286.4 million of cash and cash equivalents on our balance sheet, including $222.4 million of cash and cash equivalents held by our subsidiary, CCOH.  As of September 30, 2017, we had a borrowing base of $499.1 million under iHeartCommunications' receivables-based credit facility, had $365.0 million of outstanding borrowings and $49.1 million of outstanding letters of credit, resulting in $85.0 million of excess availability.  However, any incremental borrowings under iHeartCommunications' receivables-based credit facility may be further limited by the terms contained in iHeartCommunications' material financing agreements.
During the second quarter of 2014, the FASB issued ASU No. 2014-15, Presentation of Financial Statements - Going Concern (Subtopic 205-40): Disclosure of Uncertainties about an Entity's Ability to Continue as a Going Concern. This update provides U.S. GAAP guidance on management's responsibility in evaluating whether there is substantial doubt about a company's ability to continue as a going concern and about related footnote disclosures.  We adopted this standard for the year ended December 31, 2016. Under this standard, we are required to evaluate whether there is substantial doubt about our ability to continue as a going concern each reporting period, including interim periods. In evaluating our ability to continue as a going concern, management considered the conditions and events that could raise substantial doubt about our ability to continue as a going concern for a period of 12 months following the date our financial statements were issued (November 8, 2017). Management considered our current financial condition and liquidity sources, including current funds available, forecasted future cash flows and our conditional and unconditional obligations due before November 8, 2018.
A substantial amount of our cash requirements are for debt service obligations. Our current forecast indicates we will continue to incur net losses and generate negative cash flows from operating activities as a result of our indebtedness and significant related interest expense. At September 30, 2017, the Company had debt maturities totaling $366.9 million, $308.5 million (net of $277.1 million due to certain of our subsidiaries) and $8,368.9 million in 2017, 2018 and 2019, respectively. In October 2017, iHeartCommunications exchanged $45.0 million principal amount of 11.25% Priority Guarantee Notes due 2021 that were held by a subsidiary of iHeartCommunications for $45.0 million principal amount of 10.0% Senior Notes due 2018 that were held by unaffiliated third parties. After the exchanges, our debt maturities in the next 12 months include, (i) $365.0 million outstanding under iHeartCommunications' receivables-based credit facility, which matures on December 24, 2017, (ii) $51.5 million of 10% Senior Notes due January 15, 2018, (iii) $175.0 million of 6.875% Senior Notes due June 15, 2018, (iv) $24.8 million of contractual AHYDO catch-up payments to be made on iHeartCommunications' 14% Senior Notes due 2021 on the interest payment due on August 1, 2018. Our forecast includes approximately $1.8 billion in cash interest payments in the next 12 months, of which $344.6 million is payable in the fourth quarter of 2017 and $548.2 million is payable in the first quarter of 2018. In addition, in certain circumstances, a committee of the CCOH board of directors formed for the specific purpose of monitoring the Intercompany Note (the “CCOH Intercompany Note Committee”) has the non-exclusive authority to demand payments under the Intercompany Note, as long as the CCOH board of directors declares a simultaneous dividend equal to the amount so demanded.  As of November 8, 2017, the CCOH Intercompany Note Committee has the right pursuant to the terms of the settlement of the derivative litigation filed by CCOH’s stockholders regarding the Intercompany Note but not the obligation, to make a demand on the Intercompany Note. If the CCOH Intercompany Note Committee exercises this right to demand a full repayment of the Intercompany Note and the CCOH board of directors declares a simultaneous dividend, based on the balance of the Intercompany Note outstanding at September 30, 2017, approximately $110.4 million would be payable to the public stockholders of CCOH. If we are unable to refinance the amounts outstanding under the receivables-based credit facility, the 10% Senior Notes due January 15, 2018, and/or the 6.875% Senior Notes due June 15, 2018 and take other steps to create additional liquidity, forecasted cash flows are not sufficient for us to meet our obligations, including upcoming interest payments and maturities on our outstanding debt, as they become due in the ordinary course of business for a period of 12 months following November 8, 2017.
While we continue to work toward completing the notes exchange offers and the term loan offers or other similar transactions, refinancing the maturity of the receivables-based credit facility and taking other actions to create additional liquidity, there is no assurance that the notes exchange offers and the term loan offers or other similar transactions will be completed, that the amounts outstanding under the receivables-based credit facility will be refinanced or that we will be able to create additional

40


liquidity. Our ability to meet our obligations as they become due in the ordinary course of business for the next 12 months will depend on our ability to achieve forecasted results, our ability to conserve cash, our ability to refinance the amounts outstanding under the receivables-based credit facility, our ability to successfully complete the notes exchange offers and the term loan offers or other similar transactions and achieve sufficient cash interest savings therefrom and our ability to complete other liquidity-generating transactions. Based on the uncertainty of achieving these actions and the significance of the forecasted future negative cash flows resulting from our substantial debt balance, including anticipated future interest cash payments (including interest due in the fourth quarter of 2017 and in 2018) and the maturities of the $365.0 million in current borrowings under iHeartCommunications' receivables-based credit facility that matures December 24, 2017, the $51.5 million aggregate principal amount of 10% Senior Notes due January 15, 2018, the $175.0 million aggregate principal amount of 6.875% Senior Notes due June 15, 2018 and the $24.8 million of contractual AHYDO catch-up payments to be made on iHeartCommunications' 14% Senior Notes due 2021 beginning with the interest payment due on August 1, 2018, management has determined that there is substantial doubt as to our ability to continue as a going concern for a period of 12 months following November 8, 2017.
If we are unable to complete any of the actions described in the paragraph above, or otherwise generate incremental liquidity, or if there are material adverse developments in our business, results of operations or liquidity, we may be forced to further reduce or delay our business activities and capital expenditures, sell material assets, seek additional capital or be required to file for bankruptcy court protection. We cannot assure you that we would be able to accomplish any of these alternatives on a timely basis or on satisfactory terms, if at all.
In connection with the cash management arrangements for CCOH, iHeartCommunications maintains an intercompany revolving promissory note payable by iHeartCommunications to CCOH (the "Intercompany Note"), which matures on December 15, 2017. As of September 30, 2017, the balance of the Note was $1,051.3 million, all of which is payable on demand. While we intend to extend the maturity of the Intercompany Note prior to its maturity, the principal amount outstanding under the Intercompany Note is subject to demand by CCOH or the CCOH Intercompany Note Committee. We cannot assure you that we will have sufficient cash to make such a payment if CCOH or the CCOH Independent Note Committee demanded payment of the Intercompany Note in full.
The covenants in iHeartCommunications' senior secured credit facilities include a requirement that we receive an opinion from our auditors in connection with our year-end audit that is not subject to a “going concern” or like qualification or exception. Even if we are able to successfully refinance the amounts outstanding under iHeartCommunications' receivables-based credit facility and manage our liquidity challenges through the end of 2017, if we are unable to improve our liquidity forecast for 2018 and refinance or extend a significant portion of our substantial 2019 debt maturities prior to the completion of the audit of our 2017 financial statements, we anticipate that our auditor’s year-end opinion will contain a “going concern” qualification, and, if we are unable to obtain a waiver of the covenant in the senior secured credit facilities that requires us to deliver an unqualified auditor’s opinion, it will trigger a default under the senior secured credit facilities. We cannot assure you that we will be able to obtain such a waiver or amendment.
ITEM 2.  UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
The following table sets forth the purchases of shares of our Class A common stock made during the quarter ended September 30, 2017 by or on behalf of us or an affiliated purchaser:
Period
Total Number of Shares Purchased(1)
 
Average Price Paid per Share(1)
 
Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs
 
Maximum Number (or Approximate Dollar Value) of Shares that May Yet Be Purchased Under the Plans or Programs
July 1 through July 31
103,987

 
$
1.40

 
—

 
$
—

August 1 through August 31
182

 
1.75

 
—

 
—

September 1 through September 30
548

 
1.63

 
—

 
—

Total
104,717

 
$
1.33

 
—

 
$
—

(1)
The shares indicated consist of shares of our Class A common stock tendered by employees to us during the three months ended September 30, 2017 to satisfy the employees’ tax withholding obligation in connection with the vesting and release of restricted shares, which are repurchased by us based on their fair market value on the date the relevant transaction occurs.
ITEM 3.  DEFAULTS UPON SENIOR SECURITIES
None.

41


ITEM 4.  MINE SAFETY DISCLOSURES
Not applicable.
ITEM 5.  OTHER INFORMATION
None.
ITEM 6. EXHIBITS
Exhibit Number
 
Description
4.1
 
10.1
 

31.1*
 
31.2*
 
32.1**
 
32.2**
 
101*
 
Interactive Data Files.
____________
*    Filed herewith.
**    Furnished herewith.

42


Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
 
IHEARTMEDIA, INC.
 
 
 
 
November 8, 2017
 
 
/s/ SCOTT D. HAMILTON
 
Scott D. Hamilton
 
Senior Vice President, Chief Accounting Officer and Assistant Secretary

43
 EX-10.1 2 ihmedia2017q3-exhibit101.htm EXHIBIT 10.1 Exhibit


EXHIBIT 10.1 - FIRST AMENDMENT TO EMPLOYMENT AGREEMENT, EFFECTIVE AS OF MAY 1, 2017, BETWEEN SCOTT D. HAMILTON AND IHEARTMEDIA MANAGEMENT SERVICES, INC.

1


FIRST AMENDMENT TO EMPLOYMENT AGREEMENT

WHEREAS, iHeartMedia Management Services, Inc. (formerly known as Clear Channel Management Services, Inc.) (“Company”) and Scott D. Hamilton (“Employee”) entered into an Employment Agreement effective May 1, 2014 (“Agreement”);

WHEREAS, the parties desire to amend the above-referenced Agreement;

NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged by the parties hereto, the parties enter into this First Amendment to Employment Agreement (“First Amendment”).

1.
This First Amendment is effective May 1, 2017.

2.
Section 1 (Term of Employment) of the Agreement is hereby deleted in its entirety and replaced as follows:

1.    TERM OF EMPLOYMENT

This Agreement commences May 1, 2014 (“Effective Date”) and ends on April 30, 2020 (the “Employment Period”), and shall be automatically extended for additional two (2) year periods, unless either Company or Employee gives written notice of non-renewal that the Employment Period shall not be extended. Notice must be provided between October 1st and November 1st prior to the end of the then applicable Employment Period (the “Notice of Non-Renewal Period”). The term “Employment Period” shall refer to the Employment Period if and as so extended.

3.
Subsection (a) (Base Salary) of Section 4 (Compensation) of the Agreement is deleted in its entirety and replaced as follows:

(a)
Base Salary. Employee shall be paid an annualized salary of Four Hundred Twenty-Five Thousand Dollars ($425,000.00) (“Base Salary”). The Base Salary shall be payable in accordance with the Company’s regular payroll practices and pursuant to Company policy, which may be amended from time to time. Employee is eligible for annual salary increases commensurate with Company policy.

4.
Subsection (c) (Annual Bonus) of Section 4 (Compensation) of the Agreement is deleted in its entirety and replaced as follows:

(c)
Annual Bonus. Employee’s bonus Target shall be seventy percent (70%) of Employee’s annual Base Salary. Eligibility for an Annual Bonus is based on financial and performance criteria established by Company and approved in the annual budget, pursuant to the terms of the applicable bonus plan which operates at the discretion of Company and its Board of Directors, and is not a guarantee of compensation. The payment of any Bonus shall be paid no later than March 15 each calendar year following the year in which the Bonus was earned, within the Short-Term Deferral period under the Internal Revenue Code Section 409A (“Section 409A”) and applicable regulations.

5.
This First Amendment represents the complete and total understanding of the parties with respect to the content thereof, and cannot be modified or altered except if done so in writing, and executed by all parties. All other provisions of the Agreement shall remain in full force and effect.





IN WITNESS WHEREOF, the parties hereto have executed this First Amendment on the date written below and upon full execution by all parties, this Agreement shall be effective as set forth in Section 1 above.

EMPLOYEE:


_____________________________________            Date: _________________________
Scott D. Hamilton

COMPANY:


_____________________________________            Date: _________________________
Rich Bressler
President & Chief Financial Officer



APPROVED & PREPARED BY: LW/tg



 EX-31.1 3 ihmedia2017q3-exhibit311.htm EXHIBIT 31.1 Exhibit


EXHIBIT 31.1 - CERTIFICATION PURSUANT TO RULES 13A-14(A) AND 15D-14(A) UNDER THE SECURITIES EXCHANGE ACT OF 1934, AS ADOPTED PURSUANT TO SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002
 
I, Robert W. Pittman, certify that:
1.
I have reviewed this Quarterly Report on Form 10-Q of iHeartMedia, Inc.;
2.
Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
3.
Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;
4.
The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:
(a)
Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
(b)
Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
(c)
Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
(d)
Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and
5.
The registrant’s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):
(a)
All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and
(b)
Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.
Date: November 8, 2017

/s/ Robert W. Pittman
Robert W. Pittman
Chairman and Chief Executive Officer



 EX-31.2 4 ihmedia2017q3-exhibit312.htm EXHIBIT 31.2 Exhibit


EXHIBIT 31.2 - CERTIFICATION PURSUANT TO RULES 13A-14(A) AND 15D-14(A) UNDER THE SECURITIES EXCHANGE ACT OF 1934, AS ADOPTED PURSUANT TO SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002
 
I, Richard J. Bressler, certify that:
1.
I have reviewed this Quarterly Report on Form 10-Q of iHeartMedia, Inc.;
2.
Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
3.
Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;
4.
The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:
(a)
Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
(b)
Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
(c)
Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
(d)
Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and
5.
The registrant’s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):
(a)
All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and
(b)
Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.
Date: November 8, 2017

/s/ Richard J. Bressler
Richard J. Bressler
President and Chief Financial Officer



 EX-32.1 5 ihmedia2017q3-exhibit321.htm EXHIBIT 32.1 Exhibit


EXHIBIT 32.1 – CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350, AS ADOPTED PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002
 
This certification is provided pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, and accompanies the Quarterly Report on Form 10-Q for the quarter ended September 30, 2017 as filed with the Securities and Exchange Commission on the date hereof (the “Form 10-Q”) of iHeartMedia, Inc. (the “Company”).  The undersigned hereby certifies that to his knowledge, the Form 10-Q fully complies with the requirements of Section 13(a) or Section 15(d) of the Securities Exchange Act of 1934 and that the information contained in the Form 10-Q fairly presents, in all material respects, the financial condition and results of operations of the Company.
Dated: November 8, 2017

By:
/s/ Robert W. Pittman
Name:
Robert W. Pittman
Title:
Chairman and Chief Executive Officer



 EX-32.2 6 ihmedia2017q3-exhibit322.htm EXHIBIT 32.2 Exhibit


EXHIBIT 32.2 – CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350, AS ADOPTED PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002
 
This certification is provided pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, and accompanies the Quarterly Report on Form 10-Q for the quarter ended September 30, 2017 as filed with the Securities and Exchange Commission on the date hereof (the “Form 10-Q”) of iHeartMedia, Inc. (the “Company”).  The undersigned hereby certifies that to his knowledge, the Form 10-Q fully complies with the requirements of Section 13(a) or Section 15(d) of the Securities Exchange Act of 1934 and that the information contained in the Form 10-Q fairly presents, in all material respects, the financial condition and results of operations of the Company.
Dated: November 8, 2017

By:
/s/ Richard J. Bressler
Name:
Richard J. Bressler
Title:
President and Chief Financial Officer



 EX-101.INS 7 ihrt-20170930.xml XBRL INSTANCE DOCUMENT 0001400891 2017-01-01 2017-09-30 0001400891 us-gaap:CommonClassBMember 2017-11-06 0001400891 ihrt:CommonClassDMember 2017-11-06 0001400891 us-gaap:CommonClassAMember 2017-11-06 0001400891 us-gaap:CommonClassCMember 2017-11-06 0001400891 2016-12-31 0001400891 2017-09-30 0001400891 us-gaap:CommonClassBMember 2017-09-30 0001400891 ihrt:CommonClassDMember 2016-12-31 0001400891 us-gaap:CommonClassCMember 2017-09-30 0001400891 us-gaap:CommonClassCMember 2016-12-31 0001400891 us-gaap:CommonClassBMember 2016-12-31 0001400891 us-gaap:CommonClassAMember 2017-09-30 0001400891 us-gaap:CommonClassAMember 2016-12-31 0001400891 ihrt:CommonClassDMember 2017-09-30 0001400891 us-gaap:TreasuryStockMember 2017-09-30 0001400891 us-gaap:TreasuryStockMember 2016-12-31 0001400891 2016-07-01 2016-09-30 0001400891 2016-01-01 2016-09-30 0001400891 2017-07-01 2017-09-30 0001400891 2015-12-31 0001400891 2016-09-30 0001400891 ihrt:A10SeniorNotesDue2018Member us-gaap:SeniorNotesMember us-gaap:SubsequentEventMember 2017-11-08 2017-11-08 0001400891 us-gaap:RevolvingCreditFacilityMember 2017-09-30 0001400891 ihrt:A10SeniorNotesDue2018Member us-gaap:SeniorNotesMember us-gaap:SubsequentEventMember 2017-10-31 0001400891 ihrt:A10SeniorNotesDue2018Member us-gaap:SeniorNotesMember 2017-09-30 0001400891 ihrt:SeniorNotesDue20186875Member us-gaap:SeniorNotesMember 2017-09-30 0001400891 us-gaap:SubsidiariesMember ihrt:PriorityGuaranteeNotesDue2021Member us-gaap:NotesPayableOtherPayablesMember us-gaap:SubsequentEventMember 2017-10-01 2017-10-31 0001400891 ihrt:A14SeniorNotesDue2021Member us-gaap:SeniorNotesMember 2017-09-30 0001400891 ihrt:A14SeniorNotesDue2021Member us-gaap:SeniorNotesMember us-gaap:SubsequentEventMember 2017-11-08 0001400891 us-gaap:ScenarioForecastMember 2017-12-31 0001400891 us-gaap:ScenarioForecastMember 2018-03-31 0001400891 ihrt:A10SeniorNotesDue2018Member us-gaap:SeniorNotesMember us-gaap:SubsequentEventMember 2017-11-08 0001400891 ihrt:A10SeniorNotesDue2018Member us-gaap:NotesPayableOtherPayablesMember us-gaap:SubsequentEventMember 2017-10-01 2017-10-31 0001400891 us-gaap:SubsidiariesMember 2017-09-30 0001400891 ihrt:PriorityGuaranteeNotesDue2021Member us-gaap:NotesPayableOtherPayablesMember us-gaap:SubsequentEventMember 2017-10-31 0001400891 us-gaap:SubsidiariesMember us-gaap:RevolvingCreditFacilityMember us-gaap:LineOfCreditMember us-gaap:SubsequentEventMember 2017-11-08 0001400891 us-gaap:RevolvingCreditFacilityMember us-gaap:LineOfCreditMember us-gaap:SubsequentEventMember 2017-11-08 0001400891 ihrt:SeniorNotesDue20186875Member us-gaap:SeniorNotesMember us-gaap:SubsequentEventMember 2017-11-08 0001400891 2016-01-01 2016-12-31 0001400891 2015-01-01 2015-12-31 0001400891 us-gaap:CorporateAndOtherMember 2017-01-01 2017-09-30 0001400891 ihrt:InternationalOutdoorAdvertisingMember 2016-01-01 2016-12-31 0001400891 ihrt:IHMMember 2017-01-01 2017-09-30 0001400891 us-gaap:DisposalGroupDisposedOfBySaleNotDiscontinuedOperationsMember 2016-01-01 2016-12-31 0001400891 us-gaap:DisposalGroupHeldforsaleNotDiscontinuedOperationsMember ihrt:AmericasOutdoorAdvertisingMember 2017-01-01 2017-09-30 0001400891 ihrt:IHMMember 2016-01-01 2016-12-31 0001400891 us-gaap:CorporateAndOtherMember 2016-01-01 2016-12-31 0001400891 us-gaap:DisposalGroupHeldforsaleNotDiscontinuedOperationsMember ihrt:InternationalOutdoorAdvertisingMember 2016-01-01 2016-12-31 0001400891 us-gaap:DisposalGroupDisposedOfBySaleNotDiscontinuedOperationsMember ihrt:AmericasOutdoorAdvertisingMember 2017-01-01 2017-09-30 0001400891 us-gaap:DisposalGroupHeldforsaleNotDiscontinuedOperationsMember ihrt:IHMMember 2017-01-01 2017-09-30 0001400891 us-gaap:DisposalGroupHeldforsaleNotDiscontinuedOperationsMember 2016-01-01 2016-12-31 0001400891 us-gaap:DisposalGroupDisposedOfBySaleNotDiscontinuedOperationsMember ihrt:AmericasOutdoorAdvertisingMember 2016-01-01 2016-12-31 0001400891 ihrt:AmericasOutdoorAdvertisingMember 2016-01-01 2016-12-31 0001400891 ihrt:AmericasOutdoorAdvertisingMember 2017-01-01 2017-09-30 0001400891 us-gaap:DisposalGroupHeldforsaleNotDiscontinuedOperationsMember ihrt:AmericasOutdoorAdvertisingMember 2016-01-01 2016-12-31 0001400891 us-gaap:DisposalGroupDisposedOfBySaleNotDiscontinuedOperationsMember ihrt:IHMMember 2016-01-01 2016-12-31 0001400891 us-gaap:DisposalGroupHeldforsaleNotDiscontinuedOperationsMember us-gaap:CorporateAndOtherMember 2016-01-01 2016-12-31 0001400891 us-gaap:CorporateAndOtherMember 2016-12-31 0001400891 ihrt:AmericasOutdoorAdvertisingMember 2015-12-31 0001400891 ihrt:InternationalOutdoorAdvertisingMember 2017-01-01 2017-09-30 0001400891 ihrt:InternationalOutdoorAdvertisingMember 2015-12-31 0001400891 us-gaap:DisposalGroupDisposedOfBySaleNotDiscontinuedOperationsMember ihrt:InternationalOutdoorAdvertisingMember 2017-01-01 2017-09-30 0001400891 ihrt:AmericasOutdoorAdvertisingMember 2016-12-31 0001400891 us-gaap:DisposalGroupHeldforsaleNotDiscontinuedOperationsMember ihrt:IHMMember 2016-01-01 2016-12-31 0001400891 us-gaap:CorporateAndOtherMember 2015-12-31 0001400891 ihrt:IHMMember 2015-12-31 0001400891 us-gaap:DisposalGroupDisposedOfBySaleNotDiscontinuedOperationsMember 2017-01-01 2017-09-30 0001400891 us-gaap:DisposalGroupDisposedOfBySaleNotDiscontinuedOperationsMember us-gaap:CorporateAndOtherMember 2016-01-01 2016-12-31 0001400891 us-gaap:DisposalGroupDisposedOfBySaleNotDiscontinuedOperationsMember ihrt:IHMMember 2017-01-01 2017-09-30 0001400891 ihrt:IHMMember 2016-12-31 0001400891 us-gaap:CorporateAndOtherMember 2017-09-30 0001400891 ihrt:AmericasOutdoorAdvertisingMember 2017-09-30 0001400891 ihrt:InternationalOutdoorAdvertisingMember 2017-09-30 0001400891 us-gaap:DisposalGroupDisposedOfBySaleNotDiscontinuedOperationsMember us-gaap:CorporateAndOtherMember 2017-01-01 2017-09-30 0001400891 us-gaap:DisposalGroupDisposedOfBySaleNotDiscontinuedOperationsMember ihrt:InternationalOutdoorAdvertisingMember 2016-01-01 2016-12-31 0001400891 us-gaap:DisposalGroupHeldforsaleNotDiscontinuedOperationsMember 2017-01-01 2017-09-30 0001400891 ihrt:InternationalOutdoorAdvertisingMember 2016-12-31 0001400891 us-gaap:DisposalGroupHeldforsaleNotDiscontinuedOperationsMember us-gaap:CorporateAndOtherMember 2017-01-01 2017-09-30 0001400891 us-gaap:DisposalGroupHeldforsaleNotDiscontinuedOperationsMember ihrt:InternationalOutdoorAdvertisingMember 2017-01-01 2017-09-30 0001400891 ihrt:IHMMember 2017-09-30 0001400891 ihrt:TowersTransmittersAndStudioEquipmentMember 2017-09-30 0001400891 us-gaap:FurnitureAndFixturesMember 2017-09-30 0001400891 us-gaap:ConstructionInProgressMember 2017-09-30 0001400891 us-gaap:LandBuildingsAndImprovementsMember 2016-12-31 0001400891 us-gaap:ConstructionInProgressMember 2016-12-31 0001400891 us-gaap:BuildingMember 2016-12-31 0001400891 us-gaap:FurnitureAndFixturesMember 2016-12-31 0001400891 us-gaap:LandBuildingsAndImprovementsMember 2017-09-30 0001400891 ihrt:TowersTransmittersAndStudioEquipmentMember 2016-12-31 0001400891 us-gaap:BuildingMember 2017-09-30 0001400891 us-gaap:DisposalGroupDisposedOfBySaleNotDiscontinuedOperationsMember ihrt:OutdooMarketIndianapolisMember 2017-01-01 2017-01-31 0001400891 ihrt:AcquisitionOfCertainAssetsInAtlantaGeorgiaFromFairwayMediaGroupLLCMember 2017-01-01 2017-01-31 0001400891 ihrt:InternationalOutdoorAdvertisingMember 2016-01-01 2016-09-30 0001400891 ihrt:AcquisitionOfCertainAssetsInAtlantaGeorgiaFromFairwayMediaGroupLLCMember 2017-01-31 0001400891 ihrt:TalentContractsMember 2017-09-30 0001400891 ihrt:PermanentEasementsMember 2016-12-31 0001400891 us-gaap:OtherIntangibleAssetsMember 2017-09-30 0001400891 us-gaap:OtherIntangibleAssetsMember 2016-12-31 0001400891 ihrt:PermanentEasementsMember 2017-09-30 0001400891 ihrt:TransitStreetFurnitureAndOtherOutdoorContractualRightsMember 2017-09-30 0001400891 ihrt:RepresentationContractsMember 2017-09-30 0001400891 ihrt:RepresentationContractsMember 2016-12-31 0001400891 ihrt:TalentContractsMember 2016-12-31 0001400891 us-gaap:CustomerRelationshipsMember 2016-12-31 0001400891 ihrt:TransitStreetFurnitureAndOtherOutdoorContractualRightsMember 2016-12-31 0001400891 us-gaap:CustomerRelationshipsMember 2017-09-30 0001400891 ihrt:InternationalOutdoorAdvertisingMember 2016-07-01 2016-09-30 0001400891 ihrt:InternationalOutdoorAdvertisingMember 2017-07-01 2017-09-30 0001400891 ihrt:PriorityGuaranteeNotesDue2022Member 2017-09-30 0001400891 ihrt:TermLoanFacilitiesMember 2016-12-31 0001400891 ihrt:ReceivablesBasedFacility1Member 2016-12-31 0001400891 ihrt:SeniorNotesDue2021Member 2016-12-31 0001400891 ihrt:PriorityGuaranteeNotesDue2019Member 2016-12-31 0001400891 ihrt:TermLoanFacilitiesMember 2017-09-30 0001400891 ihrt:PriorityGuaranteeNotesMember 2016-12-31 0001400891 ihrt:PurchaseAccountingAdjustmentsAndOriginalIssueDiscountMember 2017-09-30 0001400891 ihrt:SubisidarySeniorNotesMember 2016-12-31 0001400891 ihrt:SubsidiarySeniorRevolvingCreditFacilityMember 2017-09-30 0001400891 ihrt:PriorityGuaranteeNotesDue2022Member 2016-12-31 0001400891 ihrt:PriorityGuaranteeNotesDue2021Member 2017-09-30 0001400891 ihrt:PriorityGuaranteeNotesMember 2017-09-30 0001400891 ihrt:IheartcommunicationsLegacyNotesMember 2016-12-31 0001400891 ihrt:PurchaseAccountingAdjustmentsAndOriginalIssueDiscountMember 2016-12-31 0001400891 ihrt:ReceivablesBasedFacility1Member 2017-09-30 0001400891 ihrt:SeniorNotesDue2021Member 2017-09-30 0001400891 ihrt:OtherSecuredSubsidiaryLongTermDebtMember 2016-12-31 0001400891 ihrt:SubsidiarySeniorSubordinatedNotesDue2020Member 2016-12-31 0001400891 ihrt:ClearChannelInternationalBvSeniorNotesDue2020Member 2016-12-31 0001400891 ihrt:PriorityGuaranteeNotesDue2019Member 2017-09-30 0001400891 ihrt:SubsidiarySeniorRevolvingCreditFacilityMember 2016-12-31 0001400891 ihrt:IheartcommunicationsLegacyNotesMember 2017-09-30 0001400891 ihrt:SubsidiarySeniorSubordinatedNotesDue2020Member 2017-09-30 0001400891 ihrt:PriorityGuaranteeNotesDue2023Member 2016-12-31 0001400891 ihrt:A10SeniorNotesDue2018Member 2016-12-31 0001400891 ihrt:OtherIheartcommunicationsSubsidiaryDebtMember 2016-12-31 0001400891 ihrt:PriorityGuaranteeNotesDue2023Member 2017-09-30 0001400891 ihrt:PriorityGuaranteeNotesDue2021Member 2016-12-31 0001400891 ihrt:OtherIheartcommunicationsSubsidiaryDebtMember 2017-09-30 0001400891 ihrt:ClearChannelInternationalBvSeniorNotesDue2020Member 2017-09-30 0001400891 ihrt:A10SeniorNotesDue2018Member 2017-09-30 0001400891 ihrt:OtherSecuredSubsidiaryLongTermDebtMember 2017-09-30 0001400891 ihrt:SubisidarySeniorNotesMember 2017-09-30 0001400891 us-gaap:SubsidiariesMember ihrt:SeniorNotesDue2016Member ihrt:IheartcommunicationsLegacyNotesMember 2017-09-30 0001400891 ihrt:SeniorNotesDue2021Member 2017-01-01 2017-09-30 0001400891 ihrt:PriorityGuaranteeNotesDue2021Member us-gaap:NotesPayableOtherPayablesMember 2017-02-07 2017-02-07 0001400891 ihrt:ClearChannelInternationalB.V.Member ihrt:ClearChannelInternationalBvSeniorNotesDue2020Member us-gaap:SeniorNotesMember 2017-08-14 2017-08-14 0001400891 ihrt:ClearChannelInternationalBvSeniorNotesDue2020Member us-gaap:SeniorNotesMember 2017-08-14 0001400891 ihrt:ClearChannelInternationalB.V.Member ihrt:ClearChannelInternationalBvSeniorNotesDue2020Member us-gaap:SeniorNotesMember 2017-08-14 0001400891 us-gaap:SubsidiariesMember ihrt:A10SeniorNotesDue2018Member us-gaap:SeniorNotesMember 2017-07-10 2017-07-10 0001400891 ihrt:PriorityGuaranteeNotesDue2021Member us-gaap:NotesPayableOtherPayablesMember 2017-07-10 0001400891 us-gaap:SubsidiariesMember ihrt:PriorityGuaranteeNotesDue2021Member us-gaap:NotesPayableOtherPayablesMember 2017-07-10 2017-07-10 0001400891 ihrt:PriorityGuaranteeNotesDue2021Member us-gaap:NotesPayableOtherPayablesMember 2017-02-07 0001400891 ihrt:LettersOfCreditCollateralizedMember 2017-09-30 0001400891 us-gaap:SubsidiariesMember ihrt:PriorityGuaranteeNotesDue2021Member us-gaap:SeniorNotesMember 2017-02-07 2017-02-07 0001400891 us-gaap:RevolvingCreditFacilityMember ihrt:SubsidiarySeniorRevolvingCreditFacilityMember 2017-09-30 0001400891 us-gaap:SubsidiariesMember us-gaap:RevolvingCreditFacilityMember us-gaap:LineOfCreditMember 2017-09-30 0001400891 us-gaap:SubsidiariesMember ihrt:PriorityGuaranteeNotesDue2021Member us-gaap:NotesPayableOtherPayablesMember 2017-02-07 2017-02-07 0001400891 ihrt:BankGuaranteesCollaterizedMember 2017-09-30 0001400891 us-gaap:SubsidiariesMember ihrt:A10SeniorNotesDue2018Member us-gaap:SeniorNotesMember 2017-02-07 2017-02-07 0001400891 us-gaap:SubsidiariesMember us-gaap:RevolvingCreditFacilityMember us-gaap:LineOfCreditMember 2017-01-31 2017-01-31 0001400891 us-gaap:FinancialGuaranteeMember 2017-09-30 0001400891 us-gaap:SubsidiariesMember us-gaap:RevolvingCreditFacilityMember us-gaap:LineOfCreditMember 2017-07-31 2017-07-31 0001400891 us-gaap:SuretyBondMember 2017-09-30 0001400891 ihrt:A10SeniorNotesDue2018Member us-gaap:SeniorNotesMember 2017-07-10 0001400891 us-gaap:FinancialStandbyLetterOfCreditMember 2017-09-30 0001400891 us-gaap:ParentMember 2016-01-01 2016-09-30 0001400891 us-gaap:NoncontrollingInterestMember 2015-12-31 0001400891 us-gaap:NoncontrollingInterestMember 2016-09-30 0001400891 us-gaap:NoncontrollingInterestMember 2016-01-01 2016-09-30 0001400891 us-gaap:ParentMember 2016-09-30 0001400891 us-gaap:ParentMember 2015-12-31 0001400891 us-gaap:ParentMember 2017-01-01 2017-09-30 0001400891 us-gaap:NoncontrollingInterestMember 2017-01-01 2017-09-30 0001400891 us-gaap:ParentMember 2016-12-31 0001400891 us-gaap:NoncontrollingInterestMember 2017-09-30 0001400891 us-gaap:NoncontrollingInterestMember 2016-12-31 0001400891 us-gaap:ParentMember 2017-09-30 0001400891 ihrt:IHeartMediaSegmentMember 2017-01-01 2017-09-30 0001400891 ihrt:IHeartMediaSegmentMember 2016-01-01 2016-09-30 0001400891 ihrt:IHeartMediaSegmentMember 2017-07-01 2017-09-30 0001400891 ihrt:IHeartMediaSegmentMember 2016-07-01 2016-09-30 0001400891 us-gaap:MaterialReconcilingItemsMember 2017-07-01 2017-09-30 0001400891 us-gaap:IntersegmentEliminationMember 2016-07-01 2016-09-30 0001400891 ihrt:CorporateAndReconcilingItemsMember 2017-07-01 2017-09-30 0001400891 us-gaap:OperatingSegmentsMember ihrt:AmericasOutdoorAdvertisingMember 2017-07-01 2017-09-30 0001400891 us-gaap:OperatingSegmentsMember us-gaap:CorporateAndOtherMember 2016-07-01 2016-09-30 0001400891 ihrt:CorporateAndReconcilingItemsMember 2016-07-01 2016-09-30 0001400891 us-gaap:OperatingSegmentsMember ihrt:AmericasOutdoorAdvertisingMember 2016-07-01 2016-09-30 0001400891 us-gaap:OperatingSegmentsMember us-gaap:CorporateAndOtherMember 2017-07-01 2017-09-30 0001400891 us-gaap:OperatingSegmentsMember ihrt:InternationalOutdoorAdvertisingMember 2017-07-01 2017-09-30 0001400891 us-gaap:MaterialReconcilingItemsMember 2016-07-01 2016-09-30 0001400891 us-gaap:IntersegmentEliminationMember ihrt:InternationalOutdoorAdvertisingMember 2017-07-01 2017-09-30 0001400891 us-gaap:IntersegmentEliminationMember 2017-07-01 2017-09-30 0001400891 us-gaap:IntersegmentEliminationMember ihrt:IHMMember 2016-07-01 2016-09-30 0001400891 us-gaap:OperatingSegmentsMember ihrt:IHMMember 2017-07-01 2017-09-30 0001400891 us-gaap:OperatingSegmentsMember ihrt:IHMMember 2016-07-01 2016-09-30 0001400891 us-gaap:OperatingSegmentsMember ihrt:InternationalOutdoorAdvertisingMember 2016-07-01 2016-09-30 0001400891 us-gaap:IntersegmentEliminationMember ihrt:AmericasOutdoorAdvertisingMember 2016-07-01 2016-09-30 0001400891 us-gaap:IntersegmentEliminationMember ihrt:AmericasOutdoorAdvertisingMember 2017-07-01 2017-09-30 0001400891 us-gaap:IntersegmentEliminationMember ihrt:InternationalOutdoorAdvertisingMember 2016-07-01 2016-09-30 0001400891 us-gaap:IntersegmentEliminationMember ihrt:IHMMember 2017-07-01 2017-09-30 0001400891 us-gaap:OperatingSegmentsMember ihrt:IHMMember 2017-01-01 2017-09-30 0001400891 us-gaap:OperatingSegmentsMember ihrt:InternationalOutdoorAdvertisingMember 2016-01-01 2016-09-30 0001400891 ihrt:CorporateAndReconcilingItemsMember 2017-01-01 2017-09-30 0001400891 us-gaap:MaterialReconcilingItemsMember 2017-01-01 2017-09-30 0001400891 us-gaap:OperatingSegmentsMember ihrt:AmericasOutdoorAdvertisingMember 2016-01-01 2016-09-30 0001400891 us-gaap:OperatingSegmentsMember ihrt:IHMMember 2016-01-01 2016-09-30 0001400891 us-gaap:OperatingSegmentsMember ihrt:InternationalOutdoorAdvertisingMember 2017-01-01 2017-09-30 0001400891 us-gaap:OperatingSegmentsMember ihrt:AmericasOutdoorAdvertisingMember 2017-01-01 2017-09-30 0001400891 ihrt:CorporateAndReconcilingItemsMember 2016-01-01 2016-09-30 0001400891 us-gaap:OperatingSegmentsMember us-gaap:CorporateAndOtherMember 2016-01-01 2016-09-30 0001400891 us-gaap:MaterialReconcilingItemsMember 2016-01-01 2016-09-30 0001400891 us-gaap:IntersegmentEliminationMember ihrt:InternationalOutdoorAdvertisingMember 2016-01-01 2016-09-30 0001400891 us-gaap:IntersegmentEliminationMember ihrt:IHMMember 2016-01-01 2016-09-30 0001400891 us-gaap:IntersegmentEliminationMember ihrt:AmericasOutdoorAdvertisingMember 2017-01-01 2017-09-30 0001400891 us-gaap:IntersegmentEliminationMember 2016-01-01 2016-09-30 0001400891 us-gaap:OperatingSegmentsMember us-gaap:CorporateAndOtherMember 2017-01-01 2017-09-30 0001400891 us-gaap:IntersegmentEliminationMember 2017-01-01 2017-09-30 0001400891 us-gaap:IntersegmentEliminationMember ihrt:InternationalOutdoorAdvertisingMember 2017-01-01 2017-09-30 0001400891 us-gaap:IntersegmentEliminationMember ihrt:IHMMember 2017-01-01 2017-09-30 0001400891 us-gaap:IntersegmentEliminationMember ihrt:AmericasOutdoorAdvertisingMember 2016-01-01 2016-09-30 xbrli:shares iso4217:USD xbrli:shares xbrli:pure iso4217:USD false --12-31 Q3 2017 2017-09-30 10-Q 0001400891 0 32079841 555556 58967502 Non-accelerated Filer iHeartMedia, Inc. 110400000 22126000 32953000 15000000.0 0.02 P12M 6300000 1800000000 8368900000 308500000 277100000 366900000 -894000 495000 -1389000 -1558000 -1235000 -323000 1000000000.0 1000000000 142600000 157217000 1364404000 1433019000 724793000 718458000 2372340000 2636313000 -355876000 -317208000 2070603000 2072091000 23200000 21000000 81800000 75400000 36600000 32200000 129200000 118700000 30200000 26000000 105700000 98000000 49100000 45900000 161700000 149200000 33882000 40510000 51806000 42682000 55600000 167700000 49500000 148200000 8000000 8000000 8500000 8500000 8000000 8000000 0 0 0 0 0 8000000 8000000 0 0 0 0 0 7631000 7631000 0 0 0 0 0 7631000 7631000 0 0 0 0 0 12862247000 12257260000 2504687000 2027474000 55602000 0 772678000 542910000 845030000 286370000 222400000 -229768000 -558660000 0.001 0.001 0.001 0.001 0.001 0.001 0.001 0.001 200000000 400000000 150000000 100000000 200000000 400000000 150000000 100000000 0 31502448 555556 58967502 0 32680481 555556 58967502 0 31000 1000 59000 0 32000 1000 59000 -28977000 -336328000 -233569000 -771761000 1235000 6365000 4289000 10342000 -27742000 -329963000 -229280000 -761419000 9339000 56340000 -7349000 37638000 476400000 476400000 241400000 15600000 45000000 476400000 57100000 150000000.0 16700000000 15800000000 0.1 0.1 0.14 0.09 0.1125 0.09 0.10625 0.09 0.06875 0.14 0.1125 0.0875 0.100 0.1125 0.14 0.1 0.1125 0.085 0.087 123003000 102341000 -3726000 -14097000 9400000 12505000 1457095000 1460882000 200103000 215410000 158453000 9019000 0 47242000 60691000 37018000 4483000 476053000 26780000 0 140883000 182506000 113075000 12809000 149749000 7846000 0 47035000 58089000 32886000 3893000 443650000 24769000 0 137689000 174946000 95149000 11097000 591740000 0 0 142989000 229668000 219261000 -178000 1771590000 0 0 421039000 704097000 645199000 1255000 621895000 0 0 141609000 265795000 214491000 0 1807534000 0 0 427181000 773327000 607023000 3000 28900000 -0.41 -4.76 -2.92 -9.55 -0.41 -4.76 -2.92 -9.55 -919000 7971000 -0.245 -0.132 -0.008 -0.067 -12100000 2168722000 0 229413000 281060000 426752000 1012380000 219117000 2339286000 0 236157000 292932000 469982000 1103001000 237214000 127795000 30007000 34815000 38326000 44958000 2909230000 159782000 253511000 319384000 563863000 1222519000 390171000 2935573000 162920000 253350000 319384000 587099000 1222518000 390302000 740508000 596287000 -46533000 21602000 227765000 30149000 157556000 157556000 0 0 4128887000 534683000 3288481000 223892000 81831000 4066575000 515414000 3288481000 180849000 81831000 4083589000 518409000 3288481000 194868000 81831000 2300000 2252000 2252000 0 0 0 -7049000 -1998000 0 -5051000 0 18081000 654000 0 17427000 0 7300000 7300000 7274000 0 0 7274000 0 1600000 1591000 0 0 1591000 1600000 0 37652000 6934000 0 30718000 0 10337000 10337000 0 0 0 1817000 0 0 1817000 0 89000 89000 0 0 0 17300000 28800000 36600000 144500000 72100000 700000 700000 6000000 6000000 14500000 1600000 -22917000 -321204000 -244133000 -751638000 1117000 -926000 -2238000 -2240000 5613000 42243000 2051000 50143000 39288000 31668000 -16909000 60984000 -60515000 -37819000 37550000 3847000 -92947000 -78087000 -39660000 9419000 -41435000 8399000 17836000 41306000 2413899000 2408184000 0 459852000 1389793000 470250000 1388747000 1434482000 1426438000 1426400000 264170000 149533000 344600000 548200000 12862247000 12257260000 1674574000 1859621000 365000000 75000000.0 535000000.0 85000000 365000000 365000000 20364988000 347028000 225000000 475000000 27954000 -166961000 1729168000 2725000000 2200000000 20614900000 96482000 375000000 475000000 25588000 -142796000 1763925000 2725000000 2200000000 342908000 619003000 175000000 51500000 24800000 175000000 20022080000 19995897000 1196676000 1152066000 135778000 114133000 74542000 74542000 0 43540000 43540000 0 953000 575000 378000 -322583000 137066000 366312000 -144980000 -272578000 -558717000 -558700000 -35001000 -402397000 -248177000 -810429000 6471000 38950000 1993000 8648000 -35001000 -402397000 -248177000 -810429000 9900000 29500000 39400000 2438000 2438000 0 -7323000 -47054000 2223000 -11244000 299352000 -104966000 0 78266000 298128000 18281000 9643000 972780000 -67970000 0 201476000 764952000 56117000 18205000 228305000 -107598000 0 73254000 247971000 7417000 7261000 653026000 -243852000 0 189559000 658142000 35464000 13713000 55065000 77876000 227450000 276511000 7356000 43797000 2883000 40914000 13010000 44665000 9880000 34785000 7259000 72434000 18897000 49010000 0 -32823000 -3904000 -28919000 -6207000 -4563000 -485000 -4078000 100000 -700000 0 0 193000 -3551000 -358000 -3193000 0 0 -290000 -635000 -64000 -571000 -320000 -218000 -23000 -195000 86832000 87442000 -610000 0 0 0 0 252348000 252958000 -610000 0 0 0 0 77967000 78906000 -939000 0 0 0 0 233487000 236237000 -2750000 0 0 0 0 960966000 977152000 593973000 618575000 -505000 -505000 0 0 0 0 0 219768000 219768000 0 0 0 0 0 -13215000 -13215000 0 0 0 0 0 24785000 24785000 0 0 0 0 0 2575000 3693000 0 953000 93371000 41083000 33911000 29498000 3464000 3224000 77333000 3596000 0 19114000 23238000 30803000 582000 201038000 7682000 0 47808000 46303000 97487000 1758000 48324000 2802000 0 5118000 14009000 26211000 184000 184944000 7440000 0 48749000 44353000 83851000 551000 184586000 230209000 800000 156000000 156000000 60000000 0 60000000 -1644000 -5604000 3256000 5059000 604044000 71320000 43100000 -28530000 -363447000 38950000 -402397000 -246184000 -801781000 8648000 -810429000 4320502000 350760000 2684673000 91655000 622848000 570566000 4524376000 356222000 2807023000 93850000 689227000 578054000 1948162000 1888063000 751486000 735997000 20042000 20936000 -13767000 -13767000 -2173000 -2433000 25000000 1728000 25909000 226640000 5385000 15600000 45000000 -12733952000 -13544381000 1566582000 0 1152000 1152000 0 0 -1152000 322997000 857099000 346224000 41414000 4542852000 0 2031000 2031000 0 0 -2031000 931058000 2463899000 1035263000 114663000 1537416000 0 1656000 1656000 0 0 -1656000 316587000 859531000 328502000 34452000 4457106000 0 5444000 5444000 0 0 -5444000 919967000 2501084000 942167000 99332000 12925802000 20987000 1999815000 575000000 1000000000 950000000 1750000000 330000000 0 6300000000 13199042000 8681000 1999815000 825546000 1000000000 950000000 1750000000 365000000 0 6300000000 421700000 0 -542000 54500000 268612000 71664000 27466000 1281849000 0 -1421000 167660000 812344000 220872000 82394000 438654000 0 -717000 54689000 287676000 73708000 23298000 1336563000 0 -2694000 165538000 894669000 204531000 74519000 3484000 3484000 0 0 0 0 0 10350000 10350000 0 0 0 0 0 3539000 3539000 0 0 0 0 0 9020000 9020000 0 0 0 0 0 3900000 11500000 3800000 11400000 10350000 8191000 2159000 9020000 7153000 1867000 -10606681000 178160000 -10784841000 -10962780000 157619000 -11120399000 -10885475000 135778000 -11021253000 -11677715000 114133000 -11791848000 389920 581707 2119000 2442000 84650000 84510000 85072000 84900000 84650000 84510000 85072000 84900000 <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:8px;text-align:justify;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;font-weight:bold;">COMMITMENTS AND CONTINGENCIES</font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company and its subsidiaries are involved in certain legal proceedings arising in the ordinary course of business and, as required, have accrued an estimate of the probable costs for the resolution of those claims for which the occurrence of loss is probable and the amount can be reasonably estimated. These estimates have been developed in consultation with counsel and are based upon an analysis of potential results, assuming a combination of litigation and settlement strategies. It is possible, however, that future results of operations for any particular period could be materially affected by changes in the Company&#8217;s assumptions or the effectiveness of its strategies related to these proceedings. Additionally, due to the inherent uncertainty of litigation, there can be no assurance that the resolution of any particular claim or proceeding would not have a material adverse effect on the Company&#8217;s financial condition or results of operations.</font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Although the Company is involved in a variety of legal proceedings in the ordinary course of business, a large portion of the Company&#8217;s litigation arises in the following contexts: commercial disputes; defamation matters; employment and benefits related claims; governmental fines; intellectual property claims; and tax disputes.</font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">International Outdoor Investigation</font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On&#160;April 21, 2015, inspections were conducted at the premises of Clear Channel in Denmark and Sweden as part of an investigation by Danish competition authorities.&#160; Additionally, on the same day, Clear Channel UK received a communication from the UK competition authorities, also in connection with the investigation by Danish competition authorities. Clear Channel and its affiliates are cooperating with the national competition authorities.</font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Stockholder Litigation</font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On May 9, 2016, a stockholder of Clear Channel Outdoor Holdings, Inc. ("CCOH") filed a derivative lawsuit in the Court of Chancery of the State of Delaware, captioned GAMCO Asset Management Inc. v. iHeartMedia Inc. et al., C.A. No. 12312-VCS. The complaint names as defendants </font><font style="font-family:inherit;font-size:10pt;">the Company, iHeartCommunications, Inc. ("iHeartCommunications"), an indirect subsidiary of the Company</font><font style="font-family:inherit;font-size:10pt;">, Bain Capital Partners, LLC and Thomas H. Lee Partners, L.P. (together, the "Sponsor Defendants"), </font><font style="font-family:inherit;font-size:10pt;">the Company's</font><font style="font-family:inherit;font-size:10pt;"> private equity sponsors and majority owners, and the members of CCOH's board of directors. CCOH also is named as a nominal defendant. The complaint alleges that CCOH has been harmed by the intercompany agreements with </font><font style="font-family:inherit;font-size:10pt;">iHeartCommunications</font><font style="font-family:inherit;font-size:10pt;">, CCOH&#8217;s lack of autonomy over its own cash and the actions of the defendants in serving the interests of </font><font style="font-family:inherit;font-size:10pt;">the Company, iHeartCommunications</font><font style="font-family:inherit;font-size:10pt;"> and the Sponsor Defendants to the detriment of CCOH and its minority stockholders. Specifically, the complaint alleges that the defendants have breached their fiduciary duties by causing CCOH to: (i) continue to loan cash to </font><font style="font-family:inherit;font-size:10pt;">iHeartCommunications</font><font style="font-family:inherit;font-size:10pt;"> under the intercompany note at below-market rates; (ii) abandon its growth and acquisition strategies in favor of transactions that would provide cash to </font><font style="font-family:inherit;font-size:10pt;">the Company and iHeartCommunications</font><font style="font-family:inherit;font-size:10pt;">; (iii) issue new debt in the CCIBV note offering (the "CCIBV Note Offering") to provide cash to </font><font style="font-family:inherit;font-size:10pt;">the Company and iHeartCommunications</font><font style="font-family:inherit;font-size:10pt;"> through a dividend; and (iv) effect the sales of certain outdoor markets in the U.S. (the "Outdoor Asset Sales") allegedly to provide cash to </font><font style="font-family:inherit;font-size:10pt;">the Company and iHeartCommunications</font><font style="font-family:inherit;font-size:10pt;"> through a dividend. The complaint also alleges that </font><font style="font-family:inherit;font-size:10pt;">the Company, iHeartCommunications</font><font style="font-family:inherit;font-size:10pt;"> and the Sponsor Defendants aided and abetted the directors' breaches of their fiduciary duties. The complaint further alleges that </font><font style="font-family:inherit;font-size:10pt;">the Company, iHeartCommunications</font><font style="font-family:inherit;font-size:10pt;"> and the Sponsor Defendants were unjustly enriched as a result of these transactions and that these transactions constituted a waste of corporate assets for which the defendants are liable to CCOH. The plaintiff is seeking, among other things, a ruling that the defendants breached their fiduciary duties to CCOH and that </font><font style="font-family:inherit;font-size:10pt;">the Company, iHeartCommunications</font><font style="font-family:inherit;font-size:10pt;"> and the Sponsor Defendants aided and abetted the CCOH board of directors' breaches of fiduciary duty, rescission of payments made by CCOH to </font><font style="font-family:inherit;font-size:10pt;">iHeartCommunications</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">its</font><font style="font-family:inherit;font-size:10pt;"> affiliates pursuant to dividends declared in connection with the CCIBV Note Offering and Outdoor Asset Sales, and an order requiring </font><font style="font-family:inherit;font-size:10pt;">the Company, iHeartCommunications</font><font style="font-family:inherit;font-size:10pt;"> and the Sponsor Defendants to disgorge all profits they have received as a result of the alleged fiduciary misconduct.</font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On July 20, 2016, the defendants filed a motion to dismiss plaintiff's verified stockholder derivative complaint for failure to state a claim upon which relief can be granted. On November 23, 2016, the Court granted defendants' motion to dismiss all claims brought by the plaintiff. On December 19, 2016, the plaintiff filed a notice of appeal of the ruling. The oral hearing on the appeal was held on October 11, 2017. On October 12, 2017, the Supreme Court of Delaware affirmed the lower court's ruling, dismissing the case.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The accompanying consolidated financial statements were prepared by the Company pursuant to the rules and regulations of the </font><font style="font-family:inherit;font-size:10pt;">Securities and Exchange Commission (&#8220;SEC&#8221;)</font><font style="font-family:inherit;font-size:10pt;"> and, in the opinion of management, include all normal and recurring adjustments necessary to present fairly the results of the interim periods shown. Certain information and footnote disclosures normally included in financial statements prepared in accordance with U.S. generally accepted accounting principles (&#8220;GAAP&#8221;) have been condensed or omitted pursuant to such SEC rules and regulations. Management believes that the disclosures made are adequate to make the information presented not misleading. Due to seasonality and other factors, the results for the interim periods may not be indicative of results for the full year. The financial statements contained herein should be read in conjunction with the consolidated financial statements and notes thereto included in the Company&#8217;s </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;">&#160;Annual Report on Form&#160;10-K.</font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;background-color:#ffffff;">Th</font><font style="font-family:inherit;font-size:10pt;">e consolidated financial statements include the accounts of the Company and its subsidiaries. Also included in the consolidated financial statements are entities for which the Company has a controlling financial interest or is the primary beneficiary. Investments in companies in which the Company owns 20% to 50% of the voting common stock or otherwise exercises significant influence over operating and financial policies of the company are accounted for under the equity method. All significant intercompany transactions are eliminated in the consolidation process. Certain prior-period amounts have been reclassified to conform to the </font><font style="font-family:inherit;font-size:10pt;">2017</font><font style="font-family:inherit;font-size:10pt;"> presentation.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;font-weight:bold;">LONG-TERM DEBT</font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Long-term debt outstanding as of </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;"> consisted of the following:</font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.80506822612085%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:67%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:14%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:14%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">(In thousands)</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">September 30,<br clear="none"/>2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">December 31,<br clear="none"/>2016</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Senior Secured Credit Facilities</font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(1)</sup></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6,300,000</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6,300,000</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Receivables Based Credit Facility Due 2017</font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(2)</sup></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">365,000</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">330,000</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9.0% Priority Guarantee Notes Due 2019</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,999,815</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,999,815</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9.0% Priority Guarantee Notes Due 2021</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,750,000</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,750,000</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">11.25% Priority Guarantee Notes Due 2021</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">825,546</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">575,000</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9.0% Priority Guarantee Notes Due 2022</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,000,000</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,000,000</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">10.625% Priority Guarantee Notes Due 2023</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">950,000</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">950,000</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Subsidiary Revolving Credit Facility Due 2018</font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(3)</sup></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Other secured subsidiary debt</font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(4)</sup></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8,681</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">20,987</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total consolidated secured debt</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">13,199,042</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">12,925,802</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">14.0% Senior Notes Due 2021</font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(5)</sup></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,763,925</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,729,168</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Legacy Notes</font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(6)</sup></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">475,000</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">475,000</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">10.0% Senior Notes Due 2018</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">96,482</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">347,028</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Subsidiary Senior Notes due 2022</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,725,000</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,725,000</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Subsidiary Senior Subordinated Notes due 2020</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,200,000</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,200,000</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Clear Channel International B.V. Senior Notes due 2020</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">375,000</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">225,000</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Other subsidiary debt</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">25,588</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">27,954</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Purchase accounting adjustments and original issue discount</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(142,796</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(166,961</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Long-term debt fees</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(102,341</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(123,003</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total debt</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">20,614,900</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">20,364,988</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Less: current portion</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">619,003</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">342,908</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total long-term debt</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">19,995,897</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">20,022,080</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div><table cellpadding="0" cellspacing="0" style="padding-bottom:0px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:36px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:0px;"><font style="font-family:inherit;font-size:10pt;">(1)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Term Loan D and Term Loan E mature in 2019.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-bottom:0px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:36px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:0px;"><font style="font-family:inherit;font-size:10pt;">(2)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Receivables Based Credit Facility, which matures December 24, 2017, provides for borrowings up to the lesser of $</font><font style="font-family:inherit;font-size:10pt;">535.0 million</font><font style="font-family:inherit;font-size:10pt;"> (the revolving credit commitment) or the borrowing base, subject to certain limitations contained in </font><font style="font-family:inherit;font-size:10pt;">iHeartCommunications'</font><font style="font-family:inherit;font-size:10pt;"> material financing agreements.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-bottom:0px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:36px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:0px;"><font style="font-family:inherit;font-size:10pt;">(3)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Subsidiary Revolving Credit Facility provides for borrowings up to $</font><font style="font-family:inherit;font-size:10pt;">75.0 million</font><font style="font-family:inherit;font-size:10pt;"> (the revolving credit commitment).</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-bottom:0px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:36px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:0px;"><font style="font-family:inherit;font-size:10pt;">(4)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Other secured subsidiary debt matures at various dates from 2017 through 2045.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-bottom:0px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:36px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:0px;"><font style="font-family:inherit;font-size:10pt;">(5)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The </font><font style="font-family:inherit;font-size:10pt;">14.0%</font><font style="font-family:inherit;font-size:10pt;"> Senior Notes due 2021 are subject to required payments at various dates from 2018 through 2021. </font><font style="font-family:inherit;font-size:10pt;">2.0%</font><font style="font-family:inherit;font-size:10pt;"> per annum of the interest is paid through the issuance of payment-in-kind notes in the first and third quarters.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-bottom:0px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:36px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:0px;"><font style="font-family:inherit;font-size:10pt;">(6)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">iHeartCommunications'</font><font style="font-family:inherit;font-size:10pt;"> Legacy Notes, all of which were issued prior to the acquisition of </font><font style="font-family:inherit;font-size:10pt;">iHeartCommunications</font><font style="font-family:inherit;font-size:10pt;"> by </font><font style="font-family:inherit;font-size:10pt;">the Company</font><font style="font-family:inherit;font-size:10pt;"> in 2008, consist of Senior Notes maturing at various dates in 2018 and 2027, as well as </font><font style="font-family:inherit;font-size:10pt;">$57.1 million</font><font style="font-family:inherit;font-size:10pt;"> of Senior Notes due 2016 held by a subsidiary of the Company that remain outstanding but are eliminated for purposes of consolidation of the Company&#8217;s financial statements.</font></div></td></tr></table><div style="line-height:120%;padding-bottom:0px;text-align:justify;padding-left:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company&#8217;s weighted average interest rate was </font><font style="font-family:inherit;font-size:10pt;">8.7%</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">8.5%</font><font style="font-family:inherit;font-size:10pt;"> as of </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">, respectively. The aggregate market value of the Company&#8217;s debt based on market prices for which quotes were available was approximately $</font><font style="font-family:inherit;font-size:10pt;">15.8 billion</font><font style="font-family:inherit;font-size:10pt;"> and $</font><font style="font-family:inherit;font-size:10pt;">16.7 billion</font><font style="font-family:inherit;font-size:10pt;"> as of </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">, respectively. Under the fair value hierarchy established by ASC 820-10-35, the market value of the Company&#8217;s debt is classified as either Level 1 or Level 2.</font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On January 31, 2017, </font><font style="font-family:inherit;font-size:10pt;">iHeartCommunications</font><font style="font-family:inherit;font-size:10pt;"> repaid </font><font style="font-family:inherit;font-size:10pt;">$25.0 million</font><font style="font-family:inherit;font-size:10pt;"> of the amount borrowed under </font><font style="font-family:inherit;font-size:10pt;">its</font><font style="font-family:inherit;font-size:10pt;"> receivables-based credit facility. On July 31, 2017, </font><font style="font-family:inherit;font-size:10pt;">iHeartCommunications</font><font style="font-family:inherit;font-size:10pt;"> borrowed an additional </font><font style="font-family:inherit;font-size:10pt;">$60.0 million</font><font style="font-family:inherit;font-size:10pt;"> on </font><font style="font-family:inherit;font-size:10pt;">its</font><font style="font-family:inherit;font-size:10pt;"> receivables-based credit facility, bringing the total amount outstanding under this facility as of </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2017</font><font style="font-family:inherit;font-size:10pt;"> to </font><font style="font-family:inherit;font-size:10pt;">$365.0 million</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On February 7, 2017, </font><font style="font-family:inherit;font-size:10pt;">iHeartCommunications</font><font style="font-family:inherit;font-size:10pt;"> completed an exchange offer by issuing </font><font style="font-family:inherit;font-size:10pt;">$476.4 million</font><font style="font-family:inherit;font-size:10pt;"> in aggregate principal amount of </font><font style="font-family:inherit;font-size:10pt;">11.25%</font><font style="font-family:inherit;font-size:10pt;"> Priority Guarantee Notes due 2021 in exchange for </font><font style="font-family:inherit;font-size:10pt;">$476.4 million</font><font style="font-family:inherit;font-size:10pt;"> of aggregate principal amount outstanding of </font><font style="font-family:inherit;font-size:10pt;">its</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">10.0%</font><font style="font-family:inherit;font-size:10pt;"> Senior Notes due 2018. Of the </font><font style="font-family:inherit;font-size:10pt;">$476.4 million</font><font style="font-family:inherit;font-size:10pt;"> principal amount of </font><font style="font-family:inherit;font-size:10pt;">11.25%</font><font style="font-family:inherit;font-size:10pt;"> Priority Guarantee Notes due 2021 issued in the exchange offer, </font><font style="font-family:inherit;font-size:10pt;">$241.4 million</font><font style="font-family:inherit;font-size:10pt;"> principal amount was issued to subsidiaries of </font><font style="font-family:inherit;font-size:10pt;">iHeartCommunications</font><font style="font-family:inherit;font-size:10pt;"> that participated in the exchange offer.</font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On March 15, 2017, </font><font style="font-family:inherit;font-size:10pt;">iHeartCommunications</font><font style="font-family:inherit;font-size:10pt;"> commenced exchange offers (the &#8220;notes exchange offers&#8221;) to exchange certain series of </font><font style="font-family:inherit;font-size:10pt;">its</font><font style="font-family:inherit;font-size:10pt;"> outstanding debt securities (the &#8220;Existing Notes&#8221;) for new securities of </font><font style="font-family:inherit;font-size:10pt;">the Company</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;">iHeartCommunications</font><font style="font-family:inherit;font-size:10pt;"> and CC Outdoor Holdings, Inc., a wholly-owned subsidiary of </font><font style="font-family:inherit;font-size:10pt;">the Company</font><font style="font-family:inherit;font-size:10pt;">, and concurrent consent solicitations with respect to the terms of the Existing Notes. On March 15, 2017, the Company also commenced offers (the &#8220;term loan offers&#8221;) to amend its outstanding Term Loan D and Term Loan E under its senior secured credit facilities and/or to issue new securities of </font><font style="font-family:inherit;font-size:10pt;">the Company</font><font style="font-family:inherit;font-size:10pt;">, CC Outdoor Holdings, Inc., Broader Media, LLC and/or </font><font style="font-family:inherit;font-size:10pt;">iHeartCommunications</font><font style="font-family:inherit;font-size:10pt;"> to the lenders depending on the scenario in which the notes exchange offers and the term loan offers close. The terms of the notes exchange offers and the term loan offers have been revised and are subject to substantial further revision, and the offers may never be consummated, on the terms currently proposed or otherwise. Both the notes exchange offers and the term loan offers were open as of </font><font style="font-family:inherit;font-size:10pt;">November&#160;8, 2017</font><font style="font-family:inherit;font-size:10pt;">. </font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On July 10, 2017, a subsidiary of </font><font style="font-family:inherit;font-size:10pt;">iHeartCommunications</font><font style="font-family:inherit;font-size:10pt;"> exchanged </font><font style="font-family:inherit;font-size:10pt;">$15.6 million</font><font style="font-family:inherit;font-size:10pt;"> aggregate principal amount of </font><font style="font-family:inherit;font-size:10pt;">11.25%</font><font style="font-family:inherit;font-size:10pt;"> Priority Guarantee Notes due 2021 that were held by a subsidiary of </font><font style="font-family:inherit;font-size:10pt;">iHeartCommunications</font><font style="font-family:inherit;font-size:10pt;"> for </font><font style="font-family:inherit;font-size:10pt;">$15.6 million</font><font style="font-family:inherit;font-size:10pt;"> aggregate principal amount of </font><font style="font-family:inherit;font-size:10pt;">its</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">10.0%</font><font style="font-family:inherit;font-size:10pt;"> Senior Notes due 2018 that were held by an unaffiliated third party.</font></div><div style="line-height:120%;padding-bottom:0px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On August&#160;14, 2017, Clear Channel International B.V. (&#8220;CCIBV&#8221;), an indirect subsidiary of the Company, issued </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">$150.0</font><font style="font-family:inherit;font-size:10pt;"> million in aggregate principal amount of </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">8.75%</font><font style="font-family:inherit;font-size:10pt;"> Senior Notes due 2020 (the &#8220;New Notes&#8221;). The New Notes were issued as additional notes under the indenture governing CCIBV&#8217;s existing </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">8.75%</font><font style="font-family:inherit;font-size:10pt;"> Senior Notes due 2020 and were issued at a premium, resulting in </font><font style="font-family:inherit;font-size:10pt;">$156.0 million</font><font style="font-family:inherit;font-size:10pt;"> in proceeds. &#160;The New Notes mature on December&#160;15, 2020 and bear interest at a rate of </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">8.75%</font><font style="font-family:inherit;font-size:10pt;">&#160;per annum, payable semi-annually in arrears on June&#160;15 and December&#160;15 of each year.</font></div><div style="line-height:120%;padding-bottom:0px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In October 2017, a subsidiary of </font><font style="font-family:inherit;font-size:10pt;">iHeartCommunications</font><font style="font-family:inherit;font-size:10pt;"> exchanged </font><font style="font-family:inherit;font-size:10pt;">$45.0 million</font><font style="font-family:inherit;font-size:10pt;"> aggregate principal amount of </font><font style="font-family:inherit;font-size:10pt;">11.25%</font><font style="font-family:inherit;font-size:10pt;"> Priority Guarantee Notes due 2021 that were held by a subsidiary of </font><font style="font-family:inherit;font-size:10pt;">iHeartCommunications</font><font style="font-family:inherit;font-size:10pt;"> for </font><font style="font-family:inherit;font-size:10pt;">$45.0 million</font><font style="font-family:inherit;font-size:10pt;"> aggregate principal amount of </font><font style="font-family:inherit;font-size:10pt;">10.0%</font><font style="font-family:inherit;font-size:10pt;"> Senior Notes due 2018 that were held by unaffiliated third parties.</font></div><div style="line-height:120%;padding-bottom:8px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Surety Bonds, Letters of Credit and Guarantees</font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As of </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2017</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;">the Company and its subsidiaries</font><font style="font-family:inherit;font-size:10pt;"> had outstanding surety bonds, commercial standby letters of credit and bank guarantees of $</font><font style="font-family:inherit;font-size:10pt;">72.1 million</font><font style="font-family:inherit;font-size:10pt;">, $</font><font style="font-family:inherit;font-size:10pt;">144.5 million</font><font style="font-family:inherit;font-size:10pt;"> and $</font><font style="font-family:inherit;font-size:10pt;">36.6 million</font><font style="font-family:inherit;font-size:10pt;">, respectively. Bank guarantees and letters of credit of $</font><font style="font-family:inherit;font-size:10pt;">17.3 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$28.8 million</font><font style="font-family:inherit;font-size:10pt;">, respectively, were backed by cash collateral. These surety bonds, letters of credit and bank guarantees relate to various operational matters including insurance, bid, concession and performance bonds as well as other items.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">INCOME TAXES</font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Income Tax Expense</font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company&#8217;s income tax expense for the </font><font style="font-family:inherit;font-size:10pt;">three and nine</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;">, respectively, consisted of the following components:</font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="16" rowspan="1"></td></tr><tr><td style="width:33%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:14%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:14%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:14%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:14%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">(In thousands)</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Three Months Ended September 30,</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Nine Months Ended September 30,</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2016</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Current tax benefit (expense)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">7,349</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(9,339</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(37,638</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(56,340</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Deferred tax benefit (expense)</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(9,400</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,726</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(12,505</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">14,097</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Income tax expense</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(2,051</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(5,613</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(50,143</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(42,243</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The effective tax rates for the three months ended </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;"> were </font><font style="font-family:inherit;font-size:10pt;">(0.8)%</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">(24.5)%</font><font style="font-family:inherit;font-size:10pt;">, respectively. The effective tax rates for the </font><font style="font-family:inherit;font-size:10pt;">nine</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;"> were </font><font style="font-family:inherit;font-size:10pt;">(6.7)%</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">(13.2)%</font><font style="font-family:inherit;font-size:10pt;">, respectively. The </font><font style="font-family:inherit;font-size:10pt;">2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;"> effective tax rates were primarily impacted by the valuation allowance recorded against deferred tax assets resulting from current period net operating losses in U.S. federal, state and certain foreign jurisdictions due to uncertainty regarding the Company's ability to realize those assets in future periods.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:8px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">New Accounting Pronouncements</font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">During the third quarter of 2015, the FASB issued ASU 2015-14, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Revenue from Contracts with Customers (Topic 606): Deferral of the Effective Date</font><font style="font-family:inherit;font-size:10pt;">. This update provides a one-year deferral of the effective date for ASU No. 2014-09, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Revenue from Contracts with Customers</font><font style="font-family:inherit;font-size:10pt;">.&#160; ASU No. 2014-09 provides guidance for the recognition, measurement and disclosure of revenue resulting from contracts with customers and will supersede virtually all of the current revenue recognition guidance under U.S. GAAP.&#160; The standard is effective for the first interim period within annual reporting periods beginning after December 15, 2017. The two permitted transition methods under the new standard are the full retrospective method, in which case the standard would be applied to each prior reporting period presented and the cumulative effect of applying the standard would be recognized at the earliest period shown, or the modified retrospective method, in which case the cumulative effect of applying the standard would be recognized at the date of initial application. The Company expects to utilize the full retrospective method. The Company has substantially completed its evaluation of the potential changes from adopting the new standard on its future financial reporting and disclosures, which included reviews of contractual terms for all of the Company&#8217;s significant revenue streams and the development of an implementation plan. The Company continues to execute on its implementation plan, including detailed policy drafting and training of segment personnel. Based on its evaluation, the Company does not expect material changes to its 2016 or 2017 consolidated revenues, operating income or balance sheets as a result of the implementation of this standard.</font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">During the first quarter of 2016, the FASB issued ASU No. 2016-02, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Leases (Topic 842)</font><font style="font-family:inherit;font-size:10pt;">. The new leasing standard presents significant changes to the balance sheets of lessees. Lessor accounting is updated to align with certain changes in the lessee model and the new revenue recognition standard which was issued in the third quarter of 2015. The standard is effective for annual periods, and for interim periods within those annual periods, beginning after December 15, 2018. The Company is currently evaluating the impact of the provisions of this new standard on its consolidated financial statements.</font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">During the first quarter of 2017, the FASB issued ASU 2017-04, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Intangibles - Goodwill and Other (Topic 350)</font><font style="font-family:inherit;font-size:10pt;">. This update eliminates the requirement to calculate the implied fair value of goodwill to measure a goodwill impairment charge. Entities will record an impairment charge based on the excess of a reporting unit's carrying amount over its fair value. The standard is effective for annual and any interim impairment tests performed for periods beginning after December 15, 2019. The Company is currently evaluating the impact of the provisions of this new standard on its consolidated financial statements.</font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">During the second quarter of 2017, the FASB issued ASU 2017-09, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Compensation - Stock Compensation (Topic 718)</font><font style="font-family:inherit;font-size:10pt;">. This update mandates that entities will apply the modification accounting guidance if the value, vesting conditions or classification of a stock-based award changes. Entities will have to make all of the disclosures about modifications that are required today, in addition to disclosing that compensation expense hasn't changed. Additionally, the new guidance also clarifies that a modification to an award could be significant and therefore require disclosure, even if the modification accounting is not required. The guidance will be applied prospectively to awards modified on or after the adoption date and is effective for annual periods, and interim periods within those annual periods, beginning after December 15, 2017. The Company is currently evaluating the impact of the provisions of this new standard on its consolidated financial statements.</font></div></div><div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Going Concern Considerations </font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">During the second quarter of 2014, the FASB issued ASU No. 2014-15, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Presentation of Financial Statements - Going Concern (Subtopic 205-40): Disclosure of Uncertainties about an Entity's Ability to Continue as a Going Concern</font><font style="font-family:inherit;font-size:10pt;">. This update provides U.S. GAAP guidance on management&#8217;s responsibility in evaluating whether there is substantial doubt about a company&#8217;s ability to continue as a going concern and about related footnote disclosures.&#160; The Company adopted this standard for the year ended December 31, 2016. Under this standard, the Company is required to evaluate whether there is substantial doubt about its ability to continue as a going concern each reporting period, including interim periods.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:8px;text-align:justify;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;font-weight:bold;">OTHER INFORMATION</font></div><div style="line-height:120%;padding-bottom:8px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Other Comprehensive Income (Loss)</font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">There was </font><font style="font-family:inherit;font-size:10pt;">no</font><font style="font-family:inherit;font-size:10pt;"> change in deferred income tax liabilities resulting from adjustments to comprehensive loss for the three and </font><font style="font-family:inherit;font-size:10pt;">nine</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2017</font><font style="font-family:inherit;font-size:10pt;">. The total increase (decrease) in deferred income tax liabilities of other adjustments to comprehensive loss for the three and </font><font style="font-family:inherit;font-size:10pt;">nine</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2016</font><font style="font-family:inherit;font-size:10pt;"> was </font><font style="font-family:inherit;font-size:10pt;">$0.1 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$(0.7) million</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Trade and Barter</font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Trade and barter transactions represent the exchange of advertising spots or display space for merchandise, services or other assets in the ordinary course of business.&#160; These transactions are recorded at the estimated fair market value of the advertising spots or display space or the fair value of the merchandise or services or other assets received, whichever is most readily determinable.&#160; Trade and barter revenues and expenses from continuing operations are included in consolidated revenue and selling, general and administrative expenses, respectively.</font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Trade and barter revenues for the Company were </font><font style="font-family:inherit;font-size:10pt;">$49.1 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$30.2 million</font><font style="font-family:inherit;font-size:10pt;"> for the three months ended </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;">, respectively, and </font><font style="font-family:inherit;font-size:10pt;">$161.7 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$105.7 million</font><font style="font-family:inherit;font-size:10pt;"> for the nine months ended </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;">, respectively. Trade and barter expenses for the Company were </font><font style="font-family:inherit;font-size:10pt;">$36.6 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$23.2 million</font><font style="font-family:inherit;font-size:10pt;"> for the three months ended </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;">, respectively, and </font><font style="font-family:inherit;font-size:10pt;">$129.2 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$81.8 million</font><font style="font-family:inherit;font-size:10pt;"> for the nine months ended </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;">, respectively. </font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Trade and barter revenues for our iHeartMedia segment were </font><font style="font-family:inherit;font-size:10pt;">$45.9 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$26.0 million</font><font style="font-family:inherit;font-size:10pt;"> for the three months ended </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;">, respectively, and </font><font style="font-family:inherit;font-size:10pt;">$149.2 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$98.0 million</font><font style="font-family:inherit;font-size:10pt;"> for the nine months ended </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;">, respectively. Trade and barter expenses for our iHeartMedia segment were </font><font style="font-family:inherit;font-size:10pt;">$32.2 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$21.0 million</font><font style="font-family:inherit;font-size:10pt;"> for the three months ended </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;">, respectively, and </font><font style="font-family:inherit;font-size:10pt;">$118.7 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$75.4 million</font><font style="font-family:inherit;font-size:10pt;"> for the nine months ended </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;">, respectively. </font></div><div style="line-height:174%;padding-bottom:8px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Investments</font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">During the third quarter of 2017 the Company determined that some of its investments had declined in value. Such decline in value was considered to be other than temporary, and the Company recorded a loss on investments of </font><font style="font-family:inherit;font-size:10pt;">$1.6 million</font><font style="font-family:inherit;font-size:10pt;"> to state the investments at their estimated fair value. During the third quarter of 2016 the Company recorded a loss on investments of </font><font style="font-family:inherit;font-size:10pt;">$14.5 million</font><font style="font-family:inherit;font-size:10pt;"> on one of its investments.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:8px;text-align:justify;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;font-weight:bold;"> PROPERTY, PLANT AND EQUIPMENT, INTANGIBLE ASSETS AND GOODWILL</font></div><div style="line-height:120%;padding-bottom:8px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Dispositions</font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In January 2017, Americas outdoor sold its Indianapolis, Indiana market to Fairway Media Group, LLC in exchange for certain assets in Atlanta, Georgia with a fair value of </font><font style="font-family:inherit;font-size:10pt;">$39.4 million</font><font style="font-family:inherit;font-size:10pt;">, plus </font><font style="font-family:inherit;font-size:10pt;">$43.1 million</font><font style="font-family:inherit;font-size:10pt;"> in cash, net of closing costs. The assets acquired as part of the transaction consisted of </font><font style="font-family:inherit;font-size:10pt;">$9.9 million</font><font style="font-family:inherit;font-size:10pt;"> in fixed assets and </font><font style="font-family:inherit;font-size:10pt;">$29.5 million</font><font style="font-family:inherit;font-size:10pt;"> in intangible assets (including </font><font style="font-family:inherit;font-size:10pt;">$2.3 million</font><font style="font-family:inherit;font-size:10pt;"> in goodwill). The Company recognized a net gain of </font><font style="font-family:inherit;font-size:10pt;">$28.9 million</font><font style="font-family:inherit;font-size:10pt;"> related to the sale, which is included within Other operating income (expense), net.</font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">During the third quarter of 2017, Americas outdoor sold its ownership interest in a joint venture in Canada. As a result, the Company recognized a net loss on sale of </font><font style="font-family:inherit;font-size:10pt;">$12.1 million</font><font style="font-family:inherit;font-size:10pt;">, including a </font><font style="font-family:inherit;font-size:10pt;">$6.3 million</font><font style="font-family:inherit;font-size:10pt;"> cumulative translation adjustment, which is included within Other operating income (expense), net.</font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Property, Plant and Equipment</font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company&#8217;s property, plant and equipment consisted of the following classes of assets as of </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2017</font><font style="font-family:inherit;font-size:10pt;"> and December 31, </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;">, respectively:</font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.80506822612085%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:67%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:14%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:14%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">(In thousands)</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">September 30,<br clear="none"/>2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">December 31,<br clear="none"/>2016</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Land, buildings and improvements</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">578,054</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">570,566</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Structures</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,807,023</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,684,673</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Towers, transmitters and studio equipment</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">356,222</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">350,760</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Furniture and other equipment</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">689,227</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">622,848</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Construction in progress</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">93,850</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">91,655</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,524,376</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,320,502</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Less: accumulated depreciation</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,636,313</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,372,340</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Property, plant and equipment, net</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,888,063</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,948,162</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:8px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Indefinite-lived Intangible Assets</font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company&#8217;s indefinite-lived intangible assets consist of Federal Communications Commission (&#8220;FCC&#8221;) broadcast licenses in its iHM segment and billboard permits in its Americas outdoor advertising segment. Due to significant differences in both business practices and regulations, billboards in the International outdoor segment are subject to long-term, finite contracts unlike the Company&#8217;s permits in the United States and Canada.&#160; Accordingly, there are </font><font style="font-family:inherit;font-size:10pt;">no</font><font style="font-family:inherit;font-size:10pt;"> indefinite-lived intangible assets in the International outdoor segment.</font></div><div style="line-height:174%;padding-bottom:8px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Annual Impairment Test on Indefinite-lived Intangible Assets</font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company performs its annual impairment test on indefinite-lived intangible assets as of July 1 of each year.</font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The impairment tests for indefinite-lived intangible assets consist of a comparison between the fair value of the indefinite-lived intangible asset at the market level with its carrying amount. If the carrying amount of the indefinite-lived intangible asset exceeds its fair value, an impairment loss is recognized equal to that excess. After an impairment loss is recognized, the adjusted carrying amount of the indefinite-lived asset is its new accounting basis. The fair value of the indefinite-lived asset is determined using the direct valuation method as prescribed in ASC&#160;805-20-S99. Under the direct valuation method, the fair value of the indefinite-lived assets is calculated at the market level as prescribed by ASC&#160;350-30-35. The Company engaged a third-party valuation firm, to assist it in the development of the assumptions and the Company&#8217;s determination of the fair value of its indefinite-lived intangible assets.</font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The application of the direct valuation method attempts to isolate the income that is attributable to the indefinite-lived intangible asset alone (that is, apart from tangible and identified intangible assets and goodwill). It is based upon modeling a hypothetical &#8220;greenfield&#8221; build-up to a &#8220;normalized&#8221; enterprise that, by design, lacks inherent goodwill and whose only other assets have essentially been paid for (or added) as part of the build-up process. The Company forecasts revenue, expenses, and cash flows over a ten-year period for each of its markets in its application of the direct valuation method. The Company also calculates a &#8220;normalized&#8221; residual year which represents the perpetual cash flows of each market. The residual year cash flow was capitalized to arrive at the terminal value of the licenses in each market.</font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Under the direct valuation method, it is assumed that rather than acquiring indefinite-lived intangible assets as part of a going concern business, the buyer hypothetically develops indefinite-lived intangible assets and builds a new operation with similar attributes from scratch. Thus, the buyer incurs start-up costs during the build-up phase which are normally associated with going concern value. Initial capital costs are deducted from the discounted cash flow model which results in value that is directly attributable to the indefinite-lived intangible assets.</font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The key assumptions using the direct valuation method are market revenue growth rates, market share, profit margin, duration and profile of the build-up period, estimated start-up capital costs and losses incurred during the build-up period, the risk-adjusted discount rate and terminal values. This data is populated using industry normalized information representing an average FCC license or billboard permit within a market.</font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company recognized impairment charges related to its indefinite-lived intangible assets within one iHM radio market of </font><font style="font-family:inherit;font-size:10pt;">$6.0 million</font><font style="font-family:inherit;font-size:10pt;"> during the three and nine months ended </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2017</font><font style="font-family:inherit;font-size:10pt;">. The Company recognized impairment charges related to its indefinite-lived intangible assets of </font><font style="font-family:inherit;font-size:10pt;">$0.7 million</font><font style="font-family:inherit;font-size:10pt;"> during the three and nine months ended </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2016</font><font style="font-family:inherit;font-size:10pt;">. </font></div><div style="line-height:120%;padding-bottom:8px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Other Intangible Assets</font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Other intangible assets include definite-lived intangible assets and permanent easements.&#160; The Company&#8217;s definite-lived intangible assets primarily include transit and street furniture contracts, talent and representation contracts, customer and advertiser relationships, and site-leases and other contractual rights, all of which are amortized over the shorter of either the respective lives of the agreements or over the period of time the assets are expected to contribute directly or indirectly to the Company&#8217;s future cash flows. Permanent easements are indefinite-lived intangible assets which include certain rights to use real property not owned by the Company.&#160; The Company periodically reviews the appropriateness of the amortization periods related to its definite-lived intangible assets.&#160; These assets are recorded at cost.</font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table presents the gross carrying amount and accumulated amortization for each major class of other intangible assets as of </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">, respectively:</font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.80506822612085%;border-collapse:collapse;text-align:left;"><tr><td colspan="16" rowspan="1"></td></tr><tr><td style="width:41%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">(In thousands)</font></div></td><td colspan="7" style="vertical-align:top;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:top;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Gross Carrying Amount</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accumulated Amortization</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Gross Carrying Amount</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accumulated Amortization</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:12px;text-indent:-12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Transit, street furniture and other outdoor<br clear="none"/>contractual rights</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">587,099</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(469,982</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">563,863</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(426,752</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Customer / advertiser relationships</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,222,518</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,103,001</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,222,519</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,012,380</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Talent contracts</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">319,384</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(292,932</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">319,384</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(281,060</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Representation contracts</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">253,350</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(236,157</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">253,511</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(229,413</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Permanent easements</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">162,920</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">159,782</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Other</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">390,302</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(237,214</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">390,171</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(219,117</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,935,573</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(2,339,286</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,909,230</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(2,168,722</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:13px;padding-top:16px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total amortization expense related to definite-lived intangible assets for the three months ended </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;"> was </font><font style="font-family:inherit;font-size:10pt;">$49.5 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$55.6 million</font><font style="font-family:inherit;font-size:10pt;">, respectively. Total amortization expense related to definite-lived intangible assets for the </font><font style="font-family:inherit;font-size:10pt;">nine months ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;"> was </font><font style="font-family:inherit;font-size:10pt;">$148.2 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$167.7 million</font><font style="font-family:inherit;font-size:10pt;">, respectively.</font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As acquisitions and dispositions occur in the future, amortization expense may vary.&#160; The following table presents the Company&#8217;s estimate of amortization expense for each of the five succeeding fiscal years for definite-lived intangible assets:</font></div><div style="line-height:120%;padding-bottom:13px;text-align:left;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:159px;border-collapse:collapse;text-align:left;"><tr><td colspan="4" rowspan="1"></td></tr><tr><td style="width:89px;" rowspan="1" colspan="1"></td><td style="width:9px;" rowspan="1" colspan="1"></td><td style="width:56px;" rowspan="1" colspan="1"></td><td style="width:4px;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">(In thousands)</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2018</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:top;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">127,795</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2019</font></div></td><td colspan="2" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">44,958</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2020</font></div></td><td colspan="2" style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">38,326</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2021</font></div></td><td colspan="2" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">34,815</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2022</font></div></td><td colspan="2" style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">30,007</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:8px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Goodwill</font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Annual Impairment Test to Goodwill</font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company performs its annual impairment test on goodwill as of July 1 of each year.</font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Each of the U.S. radio markets and outdoor advertising markets are components of the Company. The U.S. radio markets are aggregated into a single reporting unit and the U.S. outdoor advertising markets are aggregated into a single reporting unit for purposes of the goodwill impairment test using the guidance in ASC&#160;350-20-55. The Company also determined that each country within its Americas outdoor segment and International outdoor segment constitutes a separate reporting unit.</font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The goodwill impairment test is a two-step process. The first step, used to screen for potential impairment, compares the fair value of the reporting unit with its carrying amount, including goodwill. If applicable, the second step, used to measure the amount of the impairment loss, compares the implied fair value of the reporting unit goodwill with the carrying amount of that goodwill.</font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Each of the Company&#8217;s reporting units is valued using a discounted cash flow model which requires estimating future cash flows expected to be generated from the reporting unit and discounting such cash flows to their present value using a risk-adjusted discount rate. Terminal values were also estimated and discounted to their present value. Assessing the recoverability of goodwill requires the Company to make estimates and assumptions about sales, operating margins, growth rates and discount rates based on its budgets, business plans, economic projections, anticipated future cash flows and marketplace data. There are inherent uncertainties related to these factors and management&#8217;s judgment in applying these factors.</font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company recognized goodwill impairment of </font><font style="font-family:inherit;font-size:10pt;">$1.6 million</font><font style="font-family:inherit;font-size:10pt;"> during the three and nine months ended </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2017</font><font style="font-family:inherit;font-size:10pt;"> related to one market in the Company's International outdoor segment. The Company recognized goodwill impairment of </font><font style="font-family:inherit;font-size:10pt;">$7.3 million</font><font style="font-family:inherit;font-size:10pt;"> during the three and nine months ended </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2016</font><font style="font-family:inherit;font-size:10pt;"> related to one market in the Company's International outdoor segment.</font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table presents the changes in the carrying amount of goodwill in each of the Company&#8217;s reportable segments:</font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.80506822612085%;border-collapse:collapse;text-align:left;"><tr><td colspan="20" rowspan="1"></td></tr><tr><td style="width:26%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">(In thousands)</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">iHM</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Americas Outdoor Advertising</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">International Outdoor Advertising</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Other</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Consolidated</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Balance as of December&#160;31, 2015</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,288,481</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">534,683</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">223,892</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">81,831</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,128,887</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Impairment</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(7,274</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(7,274</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Dispositions</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(6,934</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(30,718</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(37,652</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Foreign currency</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,998</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(5,051</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(7,049</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Assets held for sale</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(10,337</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(10,337</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Balance as of December&#160;31, 2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,288,481</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">515,414</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">180,849</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">81,831</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,066,575</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Impairment</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,591</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,591</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Acquisitions</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,252</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,252</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Dispositions</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,817</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,817</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Foreign currency</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">654</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">17,427</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">18,081</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Assets held for sale</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">89</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">89</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Balance as of September&#160;30, 2017</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,288,481</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">518,409</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">194,868</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">81,831</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,083,589</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company&#8217;s property, plant and equipment consisted of the following classes of assets as of </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2017</font><font style="font-family:inherit;font-size:10pt;"> and December 31, </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;">, respectively:</font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.80506822612085%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:67%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:14%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:14%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">(In thousands)</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">September 30,<br clear="none"/>2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">December 31,<br clear="none"/>2016</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Land, buildings and improvements</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">578,054</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">570,566</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Structures</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,807,023</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,684,673</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Towers, transmitters and studio equipment</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">356,222</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">350,760</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Furniture and other equipment</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">689,227</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">622,848</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Construction in progress</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">93,850</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">91,655</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,524,376</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,320,502</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Less: accumulated depreciation</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,636,313</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,372,340</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Property, plant and equipment, net</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,888,063</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,948,162</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:8px;text-align:justify;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;font-weight:bold;">CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS</font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company</font><font style="font-family:inherit;font-size:10pt;"> is a party to a management agreement with certain affiliates of Bain Capital Partners, LLC and Thomas H. Lee Partners, L.P. (together, the "Sponsors") and certain other parties pursuant to which such affiliates of the Sponsors will provide management and financial advisory services until 2018. These agreements require management fees to be paid to such affiliates of the Sponsors for such services at a rate not greater than $</font><font style="font-family:inherit;font-size:10pt;">15.0 million</font><font style="font-family:inherit;font-size:10pt;"> per year, plus reimbursable expenses. For the three and </font><font style="font-family:inherit;font-size:10pt;">nine</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2017</font><font style="font-family:inherit;font-size:10pt;">, the Company recognized management fees and reimbursable expenses of </font><font style="font-family:inherit;font-size:10pt;">$3.8 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$11.4 million</font><font style="font-family:inherit;font-size:10pt;">, and </font><font style="font-family:inherit;font-size:10pt;">$3.9 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$11.5 million</font><font style="font-family:inherit;font-size:10pt;"> for the three and </font><font style="font-family:inherit;font-size:10pt;">nine</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2016</font><font style="font-family:inherit;font-size:10pt;">, respectively.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company&#8217;s income tax expense for the </font><font style="font-family:inherit;font-size:10pt;">three and nine</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;">, respectively, consisted of the following components:</font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="16" rowspan="1"></td></tr><tr><td style="width:33%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:14%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:14%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:14%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:14%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">(In thousands)</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Three Months Ended September 30,</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Nine Months Ended September 30,</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2016</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Current tax benefit (expense)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">7,349</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(9,339</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(37,638</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(56,340</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Deferred tax benefit (expense)</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(9,400</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,726</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(12,505</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">14,097</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Income tax expense</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(2,051</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(5,613</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(50,143</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(42,243</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table shows the changes in </font><font style="font-family:inherit;font-size:10pt;">stockholders'</font><font style="font-family:inherit;font-size:10pt;"> deficit attributable to the Company and the noncontrolling interests of subsidiaries in which the Company has a majority, but not total, ownership interest:</font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="12" rowspan="1"></td></tr><tr><td style="width:56%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">(In thousands)</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Noncontrolling</font></div><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Interests</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Consolidated</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Balance as of January 1, 2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(11,021,253</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">135,778</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(10,885,475</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net income (loss)</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(810,429</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8,648</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(801,781</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Dividends declared and other payments to noncontrolling interests</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(43,540</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(43,540</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Share-based compensation</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,867</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">7,153</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9,020</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Purchases of additional noncontrolling interest</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(378</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(575</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(953</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Disposal of noncontrolling interest</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(2,438</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(2,438</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Foreign currency translation adjustments</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">34,785</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9,880</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">44,665</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Unrealized holding loss on marketable securities</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(195</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(23</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(218</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Reclassification adjustments</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,078</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">485</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,563</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Other, net</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(323</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,235</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,558</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Balances as of September&#160;30, 2017</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(11,791,848</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">114,133</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(11,677,715</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr></table></div></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="12" rowspan="1"></td></tr><tr><td style="width:56%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">(In thousands)</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Noncontrolling</font></div><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Interests</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Consolidated</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Balance as of January 1, 2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(10,784,841</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">178,160</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(10,606,681</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net income (loss)</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(402,397</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">38,950</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(363,447</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Dividends declared and other payments to noncontrolling interests</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(74,542</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(74,542</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Share-based compensation</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,159</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8,191</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">10,350</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Foreign currency translation adjustments</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">40,914</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,883</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">43,797</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Unrealized holding loss on marketable securities</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(571</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(64</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(635</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Reclassification adjustments</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">28,919</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,904</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">32,823</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Other adjustments to comprehensive loss</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(3,193</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(358</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(3,551</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Other, net</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,389</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">495</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(894</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Balances as of September&#160;30, 2016</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(11,120,399</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">157,619</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(10,962,780</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Long-term debt outstanding as of </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;"> consisted of the following:</font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.80506822612085%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:67%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:14%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:14%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">(In thousands)</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">September 30,<br clear="none"/>2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">December 31,<br clear="none"/>2016</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Senior Secured Credit Facilities</font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(1)</sup></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6,300,000</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6,300,000</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Receivables Based Credit Facility Due 2017</font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(2)</sup></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">365,000</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">330,000</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9.0% Priority Guarantee Notes Due 2019</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,999,815</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,999,815</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9.0% Priority Guarantee Notes Due 2021</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,750,000</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,750,000</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">11.25% Priority Guarantee Notes Due 2021</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">825,546</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">575,000</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9.0% Priority Guarantee Notes Due 2022</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,000,000</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,000,000</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">10.625% Priority Guarantee Notes Due 2023</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">950,000</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">950,000</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Subsidiary Revolving Credit Facility Due 2018</font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(3)</sup></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Other secured subsidiary debt</font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(4)</sup></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8,681</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">20,987</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total consolidated secured debt</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">13,199,042</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">12,925,802</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">14.0% Senior Notes Due 2021</font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(5)</sup></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,763,925</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,729,168</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Legacy Notes</font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(6)</sup></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">475,000</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">475,000</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">10.0% Senior Notes Due 2018</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">96,482</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">347,028</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Subsidiary Senior Notes due 2022</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,725,000</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,725,000</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Subsidiary Senior Subordinated Notes due 2020</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,200,000</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,200,000</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Clear Channel International B.V. Senior Notes due 2020</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">375,000</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">225,000</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Other subsidiary debt</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">25,588</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">27,954</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Purchase accounting adjustments and original issue discount</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(142,796</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(166,961</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Long-term debt fees</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(102,341</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(123,003</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total debt</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">20,614,900</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">20,364,988</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Less: current portion</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">619,003</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">342,908</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total long-term debt</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">19,995,897</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">20,022,080</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div><table cellpadding="0" cellspacing="0" style="padding-bottom:0px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:36px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:0px;"><font style="font-family:inherit;font-size:10pt;">(1)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Term Loan D and Term Loan E mature in 2019.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-bottom:0px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:36px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:0px;"><font style="font-family:inherit;font-size:10pt;">(2)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Receivables Based Credit Facility, which matures December 24, 2017, provides for borrowings up to the lesser of $</font><font style="font-family:inherit;font-size:10pt;">535.0 million</font><font style="font-family:inherit;font-size:10pt;"> (the revolving credit commitment) or the borrowing base, subject to certain limitations contained in </font><font style="font-family:inherit;font-size:10pt;">iHeartCommunications'</font><font style="font-family:inherit;font-size:10pt;"> material financing agreements.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-bottom:0px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:36px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:0px;"><font style="font-family:inherit;font-size:10pt;">(3)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Subsidiary Revolving Credit Facility provides for borrowings up to $</font><font style="font-family:inherit;font-size:10pt;">75.0 million</font><font style="font-family:inherit;font-size:10pt;"> (the revolving credit commitment).</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-bottom:0px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:36px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:0px;"><font style="font-family:inherit;font-size:10pt;">(4)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Other secured subsidiary debt matures at various dates from 2017 through 2045.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-bottom:0px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:36px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:0px;"><font style="font-family:inherit;font-size:10pt;">(5)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The </font><font style="font-family:inherit;font-size:10pt;">14.0%</font><font style="font-family:inherit;font-size:10pt;"> Senior Notes due 2021 are subject to required payments at various dates from 2018 through 2021. </font><font style="font-family:inherit;font-size:10pt;">2.0%</font><font style="font-family:inherit;font-size:10pt;"> per annum of the interest is paid through the issuance of payment-in-kind notes in the first and third quarters.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-bottom:0px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:36px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:0px;"><font style="font-family:inherit;font-size:10pt;">(6)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">iHeartCommunications'</font><font style="font-family:inherit;font-size:10pt;"> Legacy Notes, all of which were issued prior to the acquisition of </font><font style="font-family:inherit;font-size:10pt;">iHeartCommunications</font><font style="font-family:inherit;font-size:10pt;"> by </font><font style="font-family:inherit;font-size:10pt;">the Company</font><font style="font-family:inherit;font-size:10pt;"> in 2008, consist of Senior Notes maturing at various dates in 2018 and 2027, as well as </font><font style="font-family:inherit;font-size:10pt;">$57.1 million</font><font style="font-family:inherit;font-size:10pt;"> of Senior Notes due 2016 held by a subsidiary of the Company that remain outstanding but are eliminated for purposes of consolidation of the Company&#8217;s financial statements.</font></div></td></tr></table><div style="line-height:120%;padding-bottom:0px;text-align:justify;padding-left:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">COMPUTATION OF LOSS PER SHARE</font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="16" rowspan="1"></td></tr><tr><td style="width:53%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">(In thousands, except per share data)</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Three Months Ended<br clear="none"/>September 30,</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Nine Months Ended<br clear="none"/>September 30,</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2016</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">NUMERATOR:</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net loss attributable to the Company &#8211; common shares</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(248,177</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(35,001</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(810,429</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(402,397</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">DENOMINATOR:</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Weighted average common shares outstanding - basic</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">85,072</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">84,650</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">84,900</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">84,510</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Weighted average common shares outstanding - diluted</font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(1)</sup></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">85,072</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">84,650</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">84,900</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">84,510</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net loss attributable to the Company per common share:</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Basic</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(2.92</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(0.41</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(9.55</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(4.76</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Diluted</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(2.92</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(0.41</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(9.55</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(4.76</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr></table></div></div><table cellpadding="0" cellspacing="0" style="padding-bottom:13px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:36px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:0px;"><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(1)</sup>&#160;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Outstanding equity awards of </font><font style="font-family:inherit;font-size:10pt;">8.5 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">8.0 million</font><font style="font-family:inherit;font-size:10pt;"> for the three months ended </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;">, respectively, and </font><font style="font-family:inherit;font-size:10pt;">8.5 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">8.0 million</font><font style="font-family:inherit;font-size:10pt;"> for the </font><font style="font-family:inherit;font-size:10pt;">nine</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;">, respectively, were not included in the computation of diluted earnings per share because to do so would have been antidilutive.</font></div></td></tr></table></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table presents the gross carrying amount and accumulated amortization for each major class of other intangible assets as of </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">, respectively:</font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.80506822612085%;border-collapse:collapse;text-align:left;"><tr><td colspan="16" rowspan="1"></td></tr><tr><td style="width:41%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">(In thousands)</font></div></td><td colspan="7" style="vertical-align:top;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:top;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Gross Carrying Amount</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accumulated Amortization</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Gross Carrying Amount</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accumulated Amortization</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:12px;text-indent:-12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Transit, street furniture and other outdoor<br clear="none"/>contractual rights</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">587,099</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(469,982</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">563,863</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(426,752</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Customer / advertiser relationships</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,222,518</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,103,001</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,222,519</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,012,380</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Talent contracts</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">319,384</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(292,932</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">319,384</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(281,060</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Representation contracts</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">253,350</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(236,157</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">253,511</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(229,413</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Permanent easements</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">162,920</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">159,782</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Other</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">390,302</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(237,214</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">390,171</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(219,117</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,935,573</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(2,339,286</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,909,230</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(2,168,722</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table presents the changes in the carrying amount of goodwill in each of the Company&#8217;s reportable segments:</font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.80506822612085%;border-collapse:collapse;text-align:left;"><tr><td colspan="20" rowspan="1"></td></tr><tr><td style="width:26%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">(In thousands)</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">iHM</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Americas Outdoor Advertising</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">International Outdoor Advertising</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Other</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Consolidated</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Balance as of December&#160;31, 2015</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,288,481</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">534,683</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">223,892</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">81,831</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,128,887</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Impairment</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(7,274</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(7,274</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Dispositions</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(6,934</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(30,718</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(37,652</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Foreign currency</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,998</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(5,051</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(7,049</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Assets held for sale</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(10,337</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(10,337</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Balance as of December&#160;31, 2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,288,481</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">515,414</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">180,849</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">81,831</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,066,575</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Impairment</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,591</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,591</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Acquisitions</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,252</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,252</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Dispositions</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,817</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,817</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Foreign currency</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">654</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">17,427</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">18,081</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Assets held for sale</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">89</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">89</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Balance as of September&#160;30, 2017</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,288,481</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">518,409</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">194,868</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">81,831</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,083,589</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table presents the Company's reportable segment results for the three and </font><font style="font-family:inherit;font-size:10pt;">nine</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;">:</font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.80506822612085%;border-collapse:collapse;text-align:left;"><tr><td colspan="28" rowspan="1"></td></tr><tr><td style="width:18%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-style:italic;">(In thousands)</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">iHM</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Americas Outdoor </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">International Outdoor </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Other</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Corporate and other reconciling items</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Eliminations</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Consolidated</font></div></td></tr><tr><td colspan="28" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">Three Months Ended September 30, 2017</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Revenue</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">859,531</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">316,587</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">328,502</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">34,452</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(1,656</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">1,537,416</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Direct operating expenses</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">265,795</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">141,609</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">214,491</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">621,895</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:12px;text-indent:-12px;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Selling, general and administrative expenses</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">287,676</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">54,689</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">73,708</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">23,298</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(717</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">438,654</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Corporate expenses</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">78,906</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(939</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">77,967</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:12px;text-indent:-12px;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Depreciation and amortization</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">58,089</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">47,035</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">32,886</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">3,893</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">7,846</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">149,749</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Impairment charges</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">7,631</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">7,631</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:12px;text-indent:-12px;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Other operating expense, net</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(13,215</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(13,215</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Operating income (loss)</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">247,971</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">73,254</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">7,417</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">7,261</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(107,598</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">228,305</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Intersegment revenues</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">1,656</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">1,656</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Capital expenditures </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">14,009</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">5,118</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">26,211</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">184</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">2,802</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">48,324</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:12px;text-indent:-12px;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Share-based compensation expense</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">3,539</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">3,539</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td colspan="28" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">Three Months Ended September 30, 2016</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Revenue</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">857,099</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">322,997</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">346,224</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">41,414</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(1,152</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">1,566,582</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Direct operating expenses</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">229,668</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">142,989</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">219,261</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(178</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">591,740</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:12px;text-indent:-12px;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Selling, general and administrative expenses</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">268,612</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">54,500</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">71,664</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">27,466</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(542</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">421,700</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Corporate expenses</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">87,442</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(610</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">86,832</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:12px;text-indent:-12px;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Depreciation and amortization</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">60,691</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">47,242</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">37,018</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">4,483</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">9,019</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">158,453</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Impairment charges</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">8,000</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">8,000</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:12px;text-indent:-12px;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Other operating expense, net</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(505</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(505</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:12px;text-indent:-12px;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Operating income (loss)</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">298,128</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">78,266</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">18,281</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">9,643</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(104,966</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">299,352</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Intersegment revenues</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">1,152</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">1,152</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Capital expenditures</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">23,238</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">19,114</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">30,803</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">582</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">3,596</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">77,333</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:12px;text-indent:-12px;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Share-based compensation expense</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">3,484</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">3,484</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div><div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.80506822612085%;border-collapse:collapse;text-align:left;"><tr><td colspan="28" rowspan="1"></td></tr><tr><td style="width:18%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-style:italic;">(In thousands)</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">iHM</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Americas Outdoor </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">International Outdoor </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Other</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Corporate and other reconciling items</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Eliminations</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Consolidated</font></div></td></tr><tr><td colspan="8" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">Nine Months Ended September 30, 2017</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Revenue</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">2,501,084</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">919,967</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">942,167</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">99,332</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(5,444</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">4,457,106</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Direct operating expenses</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">773,327</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">427,181</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">607,023</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">3</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">1,807,534</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:12px;text-indent:-12px;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Selling, general and administrative expenses</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">894,669</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">165,538</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">204,531</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">74,519</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(2,694</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">1,336,563</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Corporate expenses</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">236,237</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(2,750</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">233,487</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:12px;text-indent:-12px;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Depreciation and amortization</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">174,946</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">137,689</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">95,149</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">11,097</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">24,769</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">443,650</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Impairment charges</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">7,631</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">7,631</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:12px;text-indent:-12px;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Other operating income, net</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">24,785</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">24,785</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Operating income (loss)</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">658,142</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">189,559</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">35,464</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">13,713</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(243,852</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">653,026</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Intersegment revenues </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">5,444</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">5,444</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Capital expenditures</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">44,353</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">48,749</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">83,851</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">551</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">7,440</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">184,944</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:12px;text-indent:-12px;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Share-based compensation expense</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">9,020</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">9,020</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td colspan="8" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">Nine Months Ended September 30, 2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Revenue</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">2,463,899</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">931,058</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">1,035,263</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">114,663</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(2,031</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">4,542,852</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Direct operating expenses</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">704,097</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">421,039</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">645,199</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">1,255</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">1,771,590</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:12px;text-indent:-12px;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Selling, general and administrative expenses</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">812,344</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">167,660</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">220,872</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">82,394</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(1,421</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">1,281,849</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Corporate expenses</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">252,958</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(610</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">252,348</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:12px;text-indent:-12px;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Depreciation and amortization</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">182,506</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">140,883</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">113,075</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">12,809</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">26,780</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">476,053</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Impairment charges</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">8,000</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">8,000</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:12px;text-indent:-12px;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Other operating income, net</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">219,768</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">219,768</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:12px;text-indent:-12px;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Operating income (loss)</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">764,952</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">201,476</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">56,117</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">18,205</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(67,970</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">972,780</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Intersegment revenues</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">2,031</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">2,031</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Capital expenditures</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">46,303</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">47,808</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">97,487</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">1,758</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">7,682</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">201,038</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:12px;text-indent:-12px;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Share-based compensation expense</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">10,350</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">10,350</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table presents the Company&#8217;s estimate of amortization expense for each of the five succeeding fiscal years for definite-lived intangible assets:</font></div><div style="line-height:120%;padding-bottom:13px;text-align:left;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:159px;border-collapse:collapse;text-align:left;"><tr><td colspan="4" rowspan="1"></td></tr><tr><td style="width:89px;" rowspan="1" colspan="1"></td><td style="width:9px;" rowspan="1" colspan="1"></td><td style="width:56px;" rowspan="1" colspan="1"></td><td style="width:4px;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">(In thousands)</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2018</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:top;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">127,795</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2019</font></div></td><td colspan="2" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">44,958</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2020</font></div></td><td colspan="2" style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">38,326</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2021</font></div></td><td colspan="2" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">34,815</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2022</font></div></td><td colspan="2" style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">30,007</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:8px;text-align:justify;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;font-weight:bold;">SEGMENT DATA</font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company&#8217;s reportable segments, which it believes best reflect how the Company is currently managed, are iHM, Americas outdoor advertising and International outdoor advertising.&#160; Revenue and expenses earned and charged between segments are recorded at estimated fair value and eliminated in consolidation.&#160; The iHM segment provides media and entertainment services via broadcast and digital delivery and also includes the Company&#8217;s events and national syndication businesses.&#160; The Americas outdoor advertising segment consists of operations primarily in the United States, Canada and Latin America.&#160; The International outdoor advertising segment primarily includes operations in Europe and Asia.&#160; The Other category includes the Company&#8217;s media representation business as well as other general support services and initiatives that are ancillary to the Company&#8217;s other businesses.&#160; Corporate includes infrastructure and support, including information technology, human resources, legal, finance and administrative functions for each of the Company&#8217;s reportable segments, as well as overall executive, administrative and support functions. Share-based payments are recorded in corporate expense.</font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table presents the Company's reportable segment results for the three and </font><font style="font-family:inherit;font-size:10pt;">nine</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;">:</font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.80506822612085%;border-collapse:collapse;text-align:left;"><tr><td colspan="28" rowspan="1"></td></tr><tr><td style="width:18%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-style:italic;">(In thousands)</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">iHM</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Americas Outdoor </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">International Outdoor </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Other</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Corporate and other reconciling items</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Eliminations</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Consolidated</font></div></td></tr><tr><td colspan="28" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">Three Months Ended September 30, 2017</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Revenue</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">859,531</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">316,587</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">328,502</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">34,452</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(1,656</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">1,537,416</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Direct operating expenses</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">265,795</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">141,609</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">214,491</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">621,895</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:12px;text-indent:-12px;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Selling, general and administrative expenses</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">287,676</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">54,689</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">73,708</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">23,298</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(717</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">438,654</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Corporate expenses</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">78,906</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(939</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">77,967</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:12px;text-indent:-12px;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Depreciation and amortization</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">58,089</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">47,035</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">32,886</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">3,893</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">7,846</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">149,749</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Impairment charges</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">7,631</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">7,631</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:12px;text-indent:-12px;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Other operating expense, net</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(13,215</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(13,215</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Operating income (loss)</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">247,971</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">73,254</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">7,417</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">7,261</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(107,598</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">228,305</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Intersegment revenues</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">1,656</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">1,656</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Capital expenditures </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">14,009</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">5,118</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">26,211</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">184</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">2,802</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">48,324</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:12px;text-indent:-12px;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Share-based compensation expense</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">3,539</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">3,539</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td colspan="28" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">Three Months Ended September 30, 2016</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Revenue</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">857,099</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">322,997</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">346,224</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">41,414</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(1,152</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">1,566,582</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Direct operating expenses</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">229,668</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">142,989</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">219,261</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(178</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">591,740</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:12px;text-indent:-12px;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Selling, general and administrative expenses</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">268,612</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">54,500</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">71,664</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">27,466</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(542</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">421,700</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Corporate expenses</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">87,442</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(610</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">86,832</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:12px;text-indent:-12px;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Depreciation and amortization</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">60,691</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">47,242</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">37,018</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">4,483</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">9,019</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">158,453</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Impairment charges</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">8,000</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">8,000</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:12px;text-indent:-12px;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Other operating expense, net</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(505</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(505</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:12px;text-indent:-12px;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Operating income (loss)</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">298,128</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">78,266</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">18,281</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">9,643</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(104,966</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">299,352</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Intersegment revenues</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">1,152</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">1,152</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Capital expenditures</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">23,238</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">19,114</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">30,803</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">582</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">3,596</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">77,333</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:12px;text-indent:-12px;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Share-based compensation expense</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">3,484</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">3,484</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div><div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.80506822612085%;border-collapse:collapse;text-align:left;"><tr><td colspan="28" rowspan="1"></td></tr><tr><td style="width:18%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-style:italic;">(In thousands)</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">iHM</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Americas Outdoor </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">International Outdoor </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Other</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Corporate and other reconciling items</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Eliminations</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Consolidated</font></div></td></tr><tr><td colspan="8" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">Nine Months Ended September 30, 2017</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Revenue</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">2,501,084</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">919,967</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">942,167</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">99,332</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(5,444</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">4,457,106</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Direct operating expenses</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">773,327</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">427,181</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">607,023</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">3</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">1,807,534</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:12px;text-indent:-12px;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Selling, general and administrative expenses</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">894,669</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">165,538</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">204,531</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">74,519</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(2,694</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">1,336,563</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Corporate expenses</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">236,237</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(2,750</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">233,487</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:12px;text-indent:-12px;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Depreciation and amortization</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">174,946</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">137,689</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">95,149</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">11,097</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">24,769</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">443,650</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Impairment charges</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">7,631</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">7,631</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:12px;text-indent:-12px;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Other operating income, net</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">24,785</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">24,785</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Operating income (loss)</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">658,142</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">189,559</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">35,464</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">13,713</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(243,852</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">653,026</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Intersegment revenues </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">5,444</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">5,444</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Capital expenditures</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">44,353</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">48,749</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">83,851</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">551</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">7,440</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">184,944</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:12px;text-indent:-12px;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Share-based compensation expense</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">9,020</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">9,020</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td colspan="8" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">Nine Months Ended September 30, 2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Revenue</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">2,463,899</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">931,058</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">1,035,263</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">114,663</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(2,031</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">4,542,852</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Direct operating expenses</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">704,097</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">421,039</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">645,199</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">1,255</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">1,771,590</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:12px;text-indent:-12px;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Selling, general and administrative expenses</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">812,344</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">167,660</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">220,872</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">82,394</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(1,421</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">1,281,849</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Corporate expenses</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">252,958</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(610</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">252,348</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:12px;text-indent:-12px;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Depreciation and amortization</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">182,506</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">140,883</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">113,075</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">12,809</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">26,780</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">476,053</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Impairment charges</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">8,000</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">8,000</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:12px;text-indent:-12px;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Other operating income, net</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">219,768</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">219,768</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:12px;text-indent:-12px;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Operating income (loss)</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">764,952</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">201,476</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">56,117</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">18,205</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(67,970</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">972,780</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Intersegment revenues</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">2,031</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">2,031</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Capital expenditures</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">46,303</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">47,808</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">97,487</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">1,758</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">7,682</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">201,038</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:12px;text-indent:-12px;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Share-based compensation expense</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">10,350</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">10,350</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:8px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">BASIS OF</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">PRESENTATION</font></div><div style="line-height:120%;padding-bottom:8px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Preparation of Interim Financial Statements</font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">All references in this Quarterly Report on Form 10-Q to the &#8220;Company,&#8221; &#8220;we,&#8221; &#8220;us&#8221; and &#8220;our&#8221; refer to </font><font style="font-family:inherit;font-size:10pt;">iHeartMedia, Inc.</font><font style="font-family:inherit;font-size:10pt;"> and its consolidated subsidiaries. The Company&#8217;s reportable segments are iHeartMedia (&#8220;iHM&#8221;), Americas outdoor advertising (&#8220;Americas outdoor&#8221; or &#8220;Americas outdoor advertising&#8221;) and International outdoor advertising (&#8220;International outdoor&#8221; or &#8220;International outdoor advertising&#8221;).</font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The accompanying consolidated financial statements were prepared by the Company pursuant to the rules and regulations of the </font><font style="font-family:inherit;font-size:10pt;">Securities and Exchange Commission (&#8220;SEC&#8221;)</font><font style="font-family:inherit;font-size:10pt;"> and, in the opinion of management, include all normal and recurring adjustments necessary to present fairly the results of the interim periods shown. Certain information and footnote disclosures normally included in financial statements prepared in accordance with U.S. generally accepted accounting principles (&#8220;GAAP&#8221;) have been condensed or omitted pursuant to such SEC rules and regulations. Management believes that the disclosures made are adequate to make the information presented not misleading. Due to seasonality and other factors, the results for the interim periods may not be indicative of results for the full year. The financial statements contained herein should be read in conjunction with the consolidated financial statements and notes thereto included in the Company&#8217;s </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;">&#160;Annual Report on Form&#160;10-K.</font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;background-color:#ffffff;">Th</font><font style="font-family:inherit;font-size:10pt;">e consolidated financial statements include the accounts of the Company and its subsidiaries. Also included in the consolidated financial statements are entities for which the Company has a controlling financial interest or is the primary beneficiary. Investments in companies in which the Company owns 20% to 50% of the voting common stock or otherwise exercises significant influence over operating and financial policies of the company are accounted for under the equity method. All significant intercompany transactions are eliminated in the consolidation process. Certain prior-period amounts have been reclassified to conform to the </font><font style="font-family:inherit;font-size:10pt;">2017</font><font style="font-family:inherit;font-size:10pt;"> presentation.</font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Going Concern Considerations </font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">During the second quarter of 2014, the FASB issued ASU No. 2014-15, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Presentation of Financial Statements - Going Concern (Subtopic 205-40): Disclosure of Uncertainties about an Entity's Ability to Continue as a Going Concern</font><font style="font-family:inherit;font-size:10pt;">. This update provides U.S. GAAP guidance on management&#8217;s responsibility in evaluating whether there is substantial doubt about a company&#8217;s ability to continue as a going concern and about related footnote disclosures.&#160; The Company adopted this standard for the year ended December 31, 2016. Under this standard, the Company is required to evaluate whether there is substantial doubt about its ability to continue as a going concern each reporting period, including interim periods.</font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In evaluating the Company&#8217;s ability to continue as a going concern, management considered the conditions and events that could raise substantial doubt about the Company&#8217;s ability to continue as a going concern for 12 months following the date the Company&#8217;s financial statements were issued (</font><font style="font-family:inherit;font-size:10pt;">November&#160;8, 2017</font><font style="font-family:inherit;font-size:10pt;">). Management considered the Company&#8217;s current financial condition and liquidity sources, including current funds available, forecasted future cash flows and the Company&#8217;s conditional and unconditional obligations due before </font><font style="font-family:inherit;font-size:10pt;">November&#160;8,</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">2018</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As of </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2017</font><font style="font-family:inherit;font-size:10pt;">, the Company had </font><font style="font-family:inherit;font-size:10pt;">$286.4 million</font><font style="font-family:inherit;font-size:10pt;"> of cash and cash equivalents on its balance sheet, including </font><font style="font-family:inherit;font-size:10pt;">$222.4 million</font><font style="font-family:inherit;font-size:10pt;"> of cash and cash equivalents held by the Company's subsidiary, Clear Channel Outdoor Holdings, Inc. ("CCOH"). As of </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2017</font><font style="font-family:inherit;font-size:10pt;">, the Company had </font><font style="font-family:inherit;font-size:10pt;">$85.0 million</font><font style="font-family:inherit;font-size:10pt;"> of excess availability under </font><font style="font-family:inherit;font-size:10pt;">iHeartCommunications'</font><font style="font-family:inherit;font-size:10pt;"> receivables-based credit facility, subject to limitations in </font><font style="font-family:inherit;font-size:10pt;">iHeartCommunications'</font><font style="font-family:inherit;font-size:10pt;"> material financing agreements. A substantial amount of the Company's cash requirements are for debt service obligations. Although the Company has generated operating income in excess of </font><font style="font-family:inherit;font-size:10pt;">$1.0 billion</font><font style="font-family:inherit;font-size:10pt;"> in each of the years ended December 31, 2016 and 2015, the Company incurred net losses and had negative cash flows from operations for each of these years as a result of significant cash interest payments arising from the Company's substantial debt balance. For the </font><font style="font-family:inherit;font-size:10pt;">nine</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2017</font><font style="font-family:inherit;font-size:10pt;">, the Company used cash of </font><font style="font-family:inherit;font-size:10pt;">$558.7 million</font><font style="font-family:inherit;font-size:10pt;"> for operating activities, which included cash paid for interest of </font><font style="font-family:inherit;font-size:10pt;">$1,426.4 million</font><font style="font-family:inherit;font-size:10pt;">. The Company's current forecast indicates it will continue to incur net losses and generate negative cash flows from operating activities as a result of the Company's indebtedness and significant related interest expense. At </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2017</font><font style="font-family:inherit;font-size:10pt;">, the Company had debt maturities totaling </font><font style="font-family:inherit;font-size:10pt;">$366.9 million</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;">$308.5 million</font><font style="font-family:inherit;font-size:10pt;"> (net of $</font><font style="font-family:inherit;font-size:10pt;">277.1 million</font><font style="font-family:inherit;font-size:10pt;"> due to certain of our subsidiaries) and </font><font style="font-family:inherit;font-size:10pt;">$8,368.9 million</font><font style="font-family:inherit;font-size:10pt;"> in 2017, 2018 and 2019, respectively. In October 2017, </font><font style="font-family:inherit;font-size:10pt;">iHeartCommunications</font><font style="font-family:inherit;font-size:10pt;"> exchanged </font><font style="font-family:inherit;font-size:10pt;">$45.0 million</font><font style="font-family:inherit;font-size:10pt;"> principal amount of </font><font style="font-family:inherit;font-size:10pt;">11.25%</font><font style="font-family:inherit;font-size:10pt;"> Priority Guarantee Notes due 2021 that were held by a subsidiary of </font><font style="font-family:inherit;font-size:10pt;">iHeartCommunications</font><font style="font-family:inherit;font-size:10pt;"> for </font><font style="font-family:inherit;font-size:10pt;">$45.0 million</font><font style="font-family:inherit;font-size:10pt;"> principal amount of </font><font style="font-family:inherit;font-size:10pt;">10.0%</font><font style="font-family:inherit;font-size:10pt;"> Senior Notes due 2018 that were held by unaffiliated third parties. After the exchanges, the Company's debt maturities in the next 12 months include, (i) </font><font style="font-family:inherit;font-size:10pt;">$365.0 million</font><font style="font-family:inherit;font-size:10pt;"> outstanding under </font><font style="font-family:inherit;font-size:10pt;">iHeartCommunications'</font><font style="font-family:inherit;font-size:10pt;"> receivables-based credit facility, which matures on December 24, 2017, (ii) </font><font style="font-family:inherit;font-size:10pt;">$51.5 million</font><font style="font-family:inherit;font-size:10pt;"> of </font><font style="font-family:inherit;font-size:10pt;">10%</font><font style="font-family:inherit;font-size:10pt;"> Senior Notes due January 15, 2018, (iii) </font><font style="font-family:inherit;font-size:10pt;">$175.0 million</font><font style="font-family:inherit;font-size:10pt;"> of </font><font style="font-family:inherit;font-size:10pt;">6.875%</font><font style="font-family:inherit;font-size:10pt;"> Senior Notes due June 15, 2018 and (iv) </font><font style="font-family:inherit;font-size:10pt;">$24.8 million</font><font style="font-family:inherit;font-size:10pt;"> of contractual AHYDO catch-up payments to be made on </font><font style="font-family:inherit;font-size:10pt;">iHeartCommunications'</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">14%</font><font style="font-family:inherit;font-size:10pt;"> Senior Notes due 2021 on the interest payment due on August 1, 2018. The Company's forecast includes approximately </font><font style="font-family:inherit;font-size:10pt;">$1.8 billion</font><font style="font-family:inherit;font-size:10pt;"> in cash interest payments in the next 12 months, of which </font><font style="font-family:inherit;font-size:10pt;">$344.6 million</font><font style="font-family:inherit;font-size:10pt;"> is payable in the quarter ended December 31, 2017 and </font><font style="font-family:inherit;font-size:10pt;">$548.2 million</font><font style="font-family:inherit;font-size:10pt;"> is payable in the first quarter of 2018. In addition, in certain circumstances, a committee of the CCOH board of directors formed for the specific purpose of monitoring the Intercompany Note (the &#8220;CCOH Intercompany Note Committee&#8221;) has the non-exclusive authority to demand payments under the Intercompany Note, as long as the CCOH board of directors declares a simultaneous dividend equal to the amount so demanded.&#160; As of </font><font style="font-family:inherit;font-size:10pt;">November&#160;8, 2017</font><font style="font-family:inherit;font-size:10pt;">, the CCOH Intercompany Note Committee has the right pursuant to the terms of the settlement of the derivative litigation filed by CCOH&#8217;s stockholders regarding the Intercompany Note but not the obligation, to make a demand on the Intercompany Note. If the CCOH Intercompany Note Committee exercises this right to demand a full repayment of the Intercompany Note and the CCOH board of directors declares a simultaneous dividend, based on the balance of the Intercompany Note outstanding at September 30, 2017, approximately </font><font style="font-family:inherit;font-size:10pt;">$110.4 million</font><font style="font-family:inherit;font-size:10pt;"> would be payable to the public stockholders of CCOH. If the Company is unable to refinance the amounts outstanding under the receivables-based credit facility, the </font><font style="font-family:inherit;font-size:10pt;">10%</font><font style="font-family:inherit;font-size:10pt;"> Senior Notes due January 15, 2018, and/or the </font><font style="font-family:inherit;font-size:10pt;">6.875%</font><font style="font-family:inherit;font-size:10pt;"> Senior Notes due June 15, 2018 and take other steps to create additional liquidity, forecasted cash flows are not sufficient for the Company to meet its obligations, including upcoming interest payments and maturities on the Company's outstanding debt, as they become due in the ordinary course of business for a period of 12 months following </font><font style="font-family:inherit;font-size:10pt;">November&#160;8, 2017</font><font style="font-family:inherit;font-size:10pt;">. As discussed below, the Company has plans to reduce its principal and interest obligations and to create additional liquidity.</font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company is in advanced negotiations with potential lenders to refinance the amounts outstanding under </font><font style="font-family:inherit;font-size:10pt;">iHeartCommunications'</font><font style="font-family:inherit;font-size:10pt;"> receivables-based credit facility and currently expects to refinance the amounts outstanding under that facility prior to its maturity. In addition, management is taking actions to maximize cash available to meet the Company&#8217;s obligations as they become due in the ordinary course of business. In addition, as more fully described in Note 3, the Company launched notes exchange offers and term loan offers in March 2017, which notes exchange offers and term loan offers remain open as of </font><font style="font-family:inherit;font-size:10pt;">November&#160;8, 2017</font><font style="font-family:inherit;font-size:10pt;">. The Company has engaged in discussions with many of its lenders and noteholders regarding the terms of the global exchange offers and term loan offers, which have been revised since launch and remain subject to substantial further revision, but no agreement has been reached with respect to those discussions and the discussions remain ongoing. These actions are intended to mitigate those conditions which raise substantial doubt of the Company&#8217;s ability to continue as a going concern for a period within </font><font style="font-family:inherit;font-size:10pt;">12 months</font><font style="font-family:inherit;font-size:10pt;"> following </font><font style="font-family:inherit;font-size:10pt;">November&#160;8, 2017</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">While the Company continues to work toward completing the notes exchange offers and the term loan offers or other similar transactions, refinancing the amounts outstanding under the receivables-based credit facility and taking other actions to create additional liquidity, there is no assurance that the notes exchange offers and the term loan offers or other similar transactions, will be completed, that the amount outstanding under the receivables-based credit facility will be refinanced or that the Company will be able to create additional liquidity. The Company&#8217;s ability to meet its obligations as they become due in the ordinary course of business for the next 12 months will depend on its ability to achieve forecasted results, its ability to conserve cash, its ability to refinance the amounts outstanding under </font><font style="font-family:inherit;font-size:10pt;">iHeartCommunications'</font><font style="font-family:inherit;font-size:10pt;"> receivables-based credit facility, its ability to successfully complete the notes exchange offers and the term loan offers or other similar transactions and achieve sufficient cash interest savings therefrom and its ability to complete other liquidity-generating transactions. Based on the uncertainty of achieving these actions and the significance of the forecasted future negative cash flows resulting from the Company's substantial debt balance, including anticipated future cash interest payments (including interest due in the fourth quarter of 2017 and in 2018) and the maturities of the </font><font style="font-family:inherit;font-size:10pt;">$365.0 million</font><font style="font-family:inherit;font-size:10pt;"> in current borrowings under </font><font style="font-family:inherit;font-size:10pt;">iHeartCommunications'</font><font style="font-family:inherit;font-size:10pt;"> receivables-based credit facility that matures December 24, 2017, the </font><font style="font-family:inherit;font-size:10pt;">$51.5 million</font><font style="font-family:inherit;font-size:10pt;"> aggregate principal amount of </font><font style="font-family:inherit;font-size:10pt;">10%</font><font style="font-family:inherit;font-size:10pt;"> Senior Notes due January 15, 2018, the </font><font style="font-family:inherit;font-size:10pt;">$175.0 million</font><font style="font-family:inherit;font-size:10pt;"> aggregate principal amount of </font><font style="font-family:inherit;font-size:10pt;">6.875%</font><font style="font-family:inherit;font-size:10pt;"> Senior Notes due June 15, 2018 and the </font><font style="font-family:inherit;font-size:10pt;">$24.8 million</font><font style="font-family:inherit;font-size:10pt;"> of contractual AHYDO catch-up payments to be made on </font><font style="font-family:inherit;font-size:10pt;">iHeartCommunications'</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">14%</font><font style="font-family:inherit;font-size:10pt;"> Senior Notes due 2021 beginning with the interest payment due on August 1, 2018, management has determined that there is substantial doubt as to the Company&#8217;s ability to continue as a going concern for a period of </font><font style="font-family:inherit;font-size:10pt;">12 months</font><font style="font-family:inherit;font-size:10pt;"> following </font><font style="font-family:inherit;font-size:10pt;">November&#160;8, 2017</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;padding-bottom:8px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">New Accounting Pronouncements</font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">During the third quarter of 2015, the FASB issued ASU 2015-14, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Revenue from Contracts with Customers (Topic 606): Deferral of the Effective Date</font><font style="font-family:inherit;font-size:10pt;">. This update provides a one-year deferral of the effective date for ASU No. 2014-09, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Revenue from Contracts with Customers</font><font style="font-family:inherit;font-size:10pt;">.&#160; ASU No. 2014-09 provides guidance for the recognition, measurement and disclosure of revenue resulting from contracts with customers and will supersede virtually all of the current revenue recognition guidance under U.S. GAAP.&#160; The standard is effective for the first interim period within annual reporting periods beginning after December 15, 2017. The two permitted transition methods under the new standard are the full retrospective method, in which case the standard would be applied to each prior reporting period presented and the cumulative effect of applying the standard would be recognized at the earliest period shown, or the modified retrospective method, in which case the cumulative effect of applying the standard would be recognized at the date of initial application. The Company expects to utilize the full retrospective method. The Company has substantially completed its evaluation of the potential changes from adopting the new standard on its future financial reporting and disclosures, which included reviews of contractual terms for all of the Company&#8217;s significant revenue streams and the development of an implementation plan. The Company continues to execute on its implementation plan, including detailed policy drafting and training of segment personnel. Based on its evaluation, the Company does not expect material changes to its 2016 or 2017 consolidated revenues, operating income or balance sheets as a result of the implementation of this standard.</font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">During the first quarter of 2016, the FASB issued ASU No. 2016-02, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Leases (Topic 842)</font><font style="font-family:inherit;font-size:10pt;">. The new leasing standard presents significant changes to the balance sheets of lessees. Lessor accounting is updated to align with certain changes in the lessee model and the new revenue recognition standard which was issued in the third quarter of 2015. The standard is effective for annual periods, and for interim periods within those annual periods, beginning after December 15, 2018. The Company is currently evaluating the impact of the provisions of this new standard on its consolidated financial statements.</font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">During the first quarter of 2017, the FASB issued ASU 2017-04, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Intangibles - Goodwill and Other (Topic 350)</font><font style="font-family:inherit;font-size:10pt;">. This update eliminates the requirement to calculate the implied fair value of goodwill to measure a goodwill impairment charge. Entities will record an impairment charge based on the excess of a reporting unit's carrying amount over its fair value. The standard is effective for annual and any interim impairment tests performed for periods beginning after December 15, 2019. The Company is currently evaluating the impact of the provisions of this new standard on its consolidated financial statements.</font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">During the second quarter of 2017, the FASB issued ASU 2017-09, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Compensation - Stock Compensation (Topic 718)</font><font style="font-family:inherit;font-size:10pt;">. This update mandates that entities will apply the modification accounting guidance if the value, vesting conditions or classification of a stock-based award changes. Entities will have to make all of the disclosures about modifications that are required today, in addition to disclosing that compensation expense hasn't changed. Additionally, the new guidance also clarifies that a modification to an award could be significant and therefore require disclosure, even if the modification accounting is not required. The guidance will be applied prospectively to awards modified on or after the adoption date and is effective for annual periods, and interim periods within those annual periods, beginning after December 15, 2017. The Company is currently evaluating the impact of the provisions of this new standard on its consolidated financial statements.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;font-weight:bold;"></font><font style="font-family:inherit;font-size:11pt;font-weight:bold;">STOCKHOLDERS&#8217; DEFICIT</font><font style="font-family:inherit;font-size:11pt;font-weight:bold;"> </font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company reports its noncontrolling interests in consolidated subsidiaries as a component of equity separate from the Company&#8217;s equity.&#160; The following table shows the changes in </font><font style="font-family:inherit;font-size:10pt;">stockholders'</font><font style="font-family:inherit;font-size:10pt;"> deficit attributable to the Company and the noncontrolling interests of subsidiaries in which the Company has a majority, but not total, ownership interest:</font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="12" rowspan="1"></td></tr><tr><td style="width:56%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">(In thousands)</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Noncontrolling</font></div><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Interests</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Consolidated</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Balance as of January 1, 2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(11,021,253</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">135,778</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(10,885,475</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net income (loss)</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(810,429</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8,648</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(801,781</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Dividends declared and other payments to noncontrolling interests</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(43,540</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(43,540</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Share-based compensation</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,867</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">7,153</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9,020</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Purchases of additional noncontrolling interest</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(378</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(575</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(953</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Disposal of noncontrolling interest</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(2,438</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(2,438</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Foreign currency translation adjustments</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">34,785</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9,880</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">44,665</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Unrealized holding loss on marketable securities</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(195</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(23</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(218</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Reclassification adjustments</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,078</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">485</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,563</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Other, net</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(323</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,235</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,558</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Balances as of September&#160;30, 2017</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(11,791,848</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">114,133</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(11,677,715</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr></table></div></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="12" rowspan="1"></td></tr><tr><td style="width:56%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">(In thousands)</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Noncontrolling</font></div><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Interests</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Consolidated</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Balance as of January 1, 2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(10,784,841</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">178,160</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(10,606,681</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net income (loss)</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(402,397</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">38,950</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(363,447</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Dividends declared and other payments to noncontrolling interests</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(74,542</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(74,542</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Share-based compensation</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,159</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8,191</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">10,350</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Foreign currency translation adjustments</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">40,914</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,883</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">43,797</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Unrealized holding loss on marketable securities</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(571</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(64</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(635</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Reclassification adjustments</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">28,919</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,904</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">32,823</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Other adjustments to comprehensive loss</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(3,193</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(358</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(3,551</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Other, net</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,389</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">495</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(894</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Balances as of September&#160;30, 2016</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(11,120,399</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">157,619</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(10,962,780</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company</font><font style="font-family:inherit;font-size:10pt;"> 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.</font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">COMPUTATION OF LOSS PER SHARE</font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="16" rowspan="1"></td></tr><tr><td style="width:53%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">(In thousands, except per share data)</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Three Months Ended<br clear="none"/>September 30,</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Nine Months Ended<br clear="none"/>September 30,</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2016</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2016</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">NUMERATOR:</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net loss attributable to the Company &#8211; common shares</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(248,177</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(35,001</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(810,429</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(402,397</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">DENOMINATOR:</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Weighted average common shares outstanding - basic</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">85,072</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">84,650</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">84,900</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">84,510</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Weighted average common shares outstanding - diluted</font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(1)</sup></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">85,072</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">84,650</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">84,900</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">84,510</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net loss attributable to the Company per common share:</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Basic</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(2.92</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(0.41</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(9.55</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(4.76</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Diluted</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(2.92</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(0.41</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(9.55</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(4.76</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr></table></div></div><table cellpadding="0" cellspacing="0" style="padding-bottom:13px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:36px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:0px;"><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(1)</sup>&#160;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Outstanding equity awards of </font><font style="font-family:inherit;font-size:10pt;">8.5 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">8.0 million</font><font style="font-family:inherit;font-size:10pt;"> for the three months ended </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;">, respectively, and </font><font style="font-family:inherit;font-size:10pt;">8.5 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">8.0 million</font><font style="font-family:inherit;font-size:10pt;"> for the </font><font style="font-family:inherit;font-size:10pt;">nine</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;">, respectively, were not included in the computation of diluted earnings per share because to do so would have been antidilutive.</font></div></td></tr></table></div> EX-101.SCH 8 ihrt-20170930.xsd XBRL TAXONOMY EXTENSION SCHEMA DOCUMENT 2101100 - Disclosure - BASIS OF PRESENTATION link:presentationLink link:calculationLink link:definitionLink 2401402 - Disclosure - BASIS OF PRESENTATION (Detail) link:presentationLink link:calculationLink link:definitionLink 2201201 - Disclosure - BASIS OF PRESENTATION (Policies) link:presentationLink link:calculationLink link:definitionLink 2122100 - Disclosure - CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS link:presentationLink link:calculationLink link:definitionLink 2422401 - Disclosure - CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS (Detail) link:presentationLink link:calculationLink link:definitionLink 2108100 - Disclosure - COMMITMENTS AND CONTINGENCIES link:presentationLink link:calculationLink link:definitionLink 1001000 - Statement - CONSOLIDATED BALANCE SHEETS link:presentationLink link:calculationLink link:definitionLink 1001501 - Statement - CONSOLIDATED BALANCE SHEETS (Parenthetical) link:presentationLink link:calculationLink link:definitionLink 1004000 - Statement - CONSOLIDATED STATEMENTS OF CASH FLOWS link:presentationLink link:calculationLink link:definitionLink 1002000 - Statement - CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS link:presentationLink link:calculationLink link:definitionLink 0001000 - Document - Document and Entity Information link:presentationLink link:calculationLink link:definitionLink 2115100 - Disclosure - INCOME TAXES link:presentationLink link:calculationLink link:definitionLink 2415403 - Disclosure - INCOME TAXES - Narrative (Detail) link:presentationLink link:calculationLink link:definitionLink 2415402 - Disclosure - INCOME TAXES - Schedule of Components of Income Tax Expense (Detail) link:presentationLink link:calculationLink link:definitionLink 2315301 - Disclosure - INCOME TAXES (Tables) link:presentationLink link:calculationLink link:definitionLink 2105100 - Disclosure - LONG-TERM DEBT link:presentationLink link:calculationLink link:definitionLink 2405403 - Disclosure - LONG-TERM DEBT - Additional Information - Narrative (Detail) link:presentationLink link:calculationLink link:definitionLink 2405402 - Disclosure - LONG-TERM DEBT - Schedule Of Long-Term Debt Outstanding (Detail) link:presentationLink link:calculationLink link:definitionLink 2405402 - Disclosure - LONG-TERM DEBT - Schedule Of Long-Term Debt Outstanding (Detail) link:presentationLink link:calculationLink link:definitionLink 2405404 - Disclosure - LONG-TERM DEBT - Surety Bonds, Letters of Credit and Guarantees - Narrative (Detail) link:presentationLink link:calculationLink link:definitionLink 2305301 - Disclosure - LONG-TERM DEBT (Tables) link:presentationLink link:calculationLink link:definitionLink 2119100 - Disclosure - OTHER INFORMATION link:presentationLink link:calculationLink link:definitionLink 2419401 - Disclosure - OTHER INFORMATION (Detail) link:presentationLink link:calculationLink link:definitionLink 2102100 - Disclosure - PROPERTY, PLANT AND EQUIPMENT, INTANGIBLE ASSETS AND GOODWILL link:presentationLink link:calculationLink link:definitionLink 2402402 - Disclosure - PROPERTY, PLANT AND EQUIPMENT, INTANGIBLE ASSETS AND GOODWILL - Narrative (Detail) link:presentationLink link:calculationLink link:definitionLink 2402406 - Disclosure - PROPERTY, PLANT AND EQUIPMENT, INTANGIBLE ASSETS AND GOODWILL - Schedule Of Changes In Carrying Amount Of Goodwill (Detail) link:presentationLink link:calculationLink link:definitionLink 2402405 - Disclosure - PROPERTY, PLANT AND EQUIPMENT, INTANGIBLE ASSETS AND GOODWILL - Schedule Of Future Amortization Expense (Detail) link:presentationLink link:calculationLink link:definitionLink 2402404 - Disclosure - PROPERTY, PLANT AND EQUIPMENT, INTANGIBLE ASSETS AND GOODWILL - Schedule Of Gross Carrying Amount and Accumulated Amortization for Other Intangible Assets (Detail) link:presentationLink link:calculationLink link:definitionLink 2402403 - Disclosure - PROPERTY, PLANT AND EQUIPMENT, INTANGIBLE ASSETS AND GOODWILL - Schedule Of Property, Plant And Equipment (Detail) link:presentationLink link:calculationLink link:definitionLink 2302301 - Disclosure - PROPERTY, PLANT AND EQUIPMENT, INTANGIBLE ASSETS AND GOODWILL (Tables) link:presentationLink link:calculationLink link:definitionLink 2120100 - Disclosure - SEGMENT DATA link:presentationLink link:calculationLink link:definitionLink 2420402 - Disclosure - SEGMENT DATA (Detail) link:presentationLink link:calculationLink link:definitionLink 2320301 - Disclosure - SEGMENT DATA (Tables) link:presentationLink link:calculationLink link:definitionLink 2116100 - Disclosure - STOCKHOLDERS' DEFICIT link:presentationLink link:calculationLink link:definitionLink 2416403 - Disclosure - STOCKHOLDERS' DEFICIT - COMPUTATION OF LOSS PER SHARE (Detail) link:presentationLink link:calculationLink link:definitionLink 2416402 - Disclosure - STOCKHOLDERS' DEFICIT - Schedule of Changes in Stockholders' Deficit (Detail) link:presentationLink link:calculationLink link:definitionLink 2316301 - Disclosure - STOCKHOLDERS' DEFICIT (Tables) link:presentationLink link:calculationLink link:definitionLink EX-101.CAL 9 ihrt-20170930_cal.xml XBRL TAXONOMY EXTENSION CALCULATION LINKBASE DOCUMENT EX-101.DEF 10 ihrt-20170930_def.xml XBRL TAXONOMY EXTENSION DEFINITION LINKBASE DOCUMENT EX-101.LAB 11 ihrt-20170930_lab.xml XBRL TAXONOMY EXTENSION LABEL LINKBASE DOCUMENT Income Tax Disclosure [Abstract] Effective tax rates Effective Income Tax Rate Reconciliation, Percent Debt Disclosure [Abstract] Schedule of Guarantor Obligations [Table] Schedule of Guarantor Obligations [Table] Guarantor Obligations, Nature [Axis] Guarantor Obligations, Nature [Axis] Guarantor Obligations, Nature [Domain] Guarantor Obligations, Nature [Domain] Surety bonds Surety Bond [Member] Commercial standby letters of credit Financial Standby Letter of Credit [Member] Bank guarantees Financial Guarantee [Member] Bank guarantees backed by cash collateral Bank Guarantees Collaterized [Member] Letters of credit backed by cash collateral Letters Of Credit Collateralized [Member] Letters Of Credit Collateralized [Member] Guarantor Obligations [Line Items] Guarantor Obligations [Line Items] Guarantees obligations Guarantor Obligations, Current Carrying Value INCOME TAXES Income Tax Disclosure [Text Block] Accounting Policies [Abstract] Schedule of Long-term Debt Instruments [Table] Schedule of Long-term Debt Instruments [Table] Scenario [Axis] Scenario [Axis] Scenario, Unspecified [Domain] Scenario, Unspecified [Domain] Scenario, Forecast Scenario, Forecast [Member] Subsequent Event Type [Axis] Subsequent Event Type [Axis] Subsequent Event Type [Domain] Subsequent Event Type [Domain] Subsequent Event Subsequent Event [Member] Long-term Debt, Type [Axis] Long-term Debt, Type [Axis] Long-term Debt, Type [Domain] Long-term Debt, Type [Domain] Priority Guarantee Notes Notes Payable, Other Payables [Member] Receivables based credit facility Line of Credit [Member] Senior Notes Senior Notes [Member] Debt Instrument [Axis] Debt Instrument [Axis] Debt Instrument, Name [Domain] Debt Instrument, Name [Domain] 11.25% Priority Guarantee Notes Due 2021 Priority Guarantee Notes Due 2021 [Member] 10.0% Senior Notes due 2018 10% Senior Notes Due 2018 [Member] 10% Senior Notes Due 2018 [Member] 6.875% Senior Notes due June 15, 2018 Senior Notes Due 2018 6875 [Member] 14% Senior Notes Due 2021 14% Senior Notes Due 2021 [Member] 14% Senior Notes Due 2021 [Member] Credit Facility [Axis] Credit Facility [Axis] Credit Facility [Domain] Credit Facility [Domain] Receivables based credit facility Revolving Credit Facility [Member] Legal Entity [Axis] Legal Entity [Axis] Entity [Domain] Entity [Domain] Subsidiary Subsidiaries [Member] Debt Instrument [Line Items] Debt Instrument [Line Items] Cash and cash equivalents Cash and Cash Equivalents, at Carrying Value Excess availability under receivables based credit facility Line of Credit Facility, Remaining Borrowing Capacity Operating income (in excess of) Threshold For Operating Income Generated Threshold For Operating Income Generated Cash used for operating activities Net Cash Provided by (Used in) Operating Activities Cash paid for interest Interest Paid, Net Debt maturities in 2017 Long-Term Debt, Maturities, Repayments Of Principal And Interest, Remainder Of Fiscal Year Long-Term Debt, Maturities, Repayments Of Principal And Interest, Remainder Of Fiscal Year Debt maturities in 2018 Long-Term Debt, Maturities, Repayments Of Principal And Interest In Year Two Long-Term Debt, Maturities, Repayments Of Principal And Interest In Year Two Debt maturities in 2019 Long-Term Debt, Maturities, Repayments Of Principal And Interest In Year Three Long-Term Debt, Maturities, Repayments Of Principal And Interest In Year Three Aggregate principal amount of notes exchanged that were held by a subsidiary Repayments of Related Party Debt Stated interest rate Debt Instrument, Interest Rate, Stated Percentage Aggregate principal amount of Notes issued Debt Conversion, Converted Instrument, Amount Outstanding under receivables based credit facility Line of Credit, Current Current portion of long-term debt Long-term Debt, Current Maturities Cash interest payments in the next 12 months Long-Term Debt, Maturities, Repayments Of Interest In Next Twelve Months Long-Term Debt, Maturities, Repayments Of Interest In Next Twelve Months Cash interest payment obligations Interest Payable, Current Amount of Due from iHeartCommunications Note payable to stockholders of CCOH Amount Payable to Public Shareholders of Subsidiary, If Rights Are Exercised Amount Payable to Public Shareholders of Subsidiary, If Rights Are Exercised Period to refinance or extend the maturity of receivables based credit facility Debt Instrument, Period To Refinance Or Extend Term Of Instrument Before Substantial Doubt In Ability To Continue As A Going Concern Debt Instrument, Period To Refinance Or Extend Term Of Instrument Before Substantial Doubt In Ability To Continue As A Going Concern Statement of Financial Position [Abstract] Statement [Table] Statement [Table] Class of Stock [Axis] Class of Stock [Axis] Class of Stock [Domain] Class of Stock [Domain] Class A Common Stock Common Class A [Member] Class B Common Stock Common Class B [Member] Class C Common Stock Common Class C [Member] Class D Common Stock Common Class D [Member] Common Class D [Member] Statement [Line Items] Statement [Line Items] CURRENT ASSETS Assets, Current [Abstract] Cash and cash equivalents Accounts receivable, net of allowance of $40,510 in 2017 and $33,882 in 2016 Accounts Receivable, Net, Current Prepaid expenses Prepaid Expense, Current Assets held for sale Disposal Group, Including Discontinued Operation, Assets, Current Other current assets Other Assets, Current Total Current Assets Assets, Current PROPERTY, PLANT AND EQUIPMENT Property, Plant and Equipment, Net [Abstract] Structures, net Machinery and Equipment, Gross Other property, plant and equipment, net Property, Plant and Equipment, Other, Gross INTANGIBLE ASSETS AND GOODWILL Intangible Assets, Net (Including Goodwill) [Abstract] Indefinite-lived intangibles - licenses Indefinite-Lived Intangible Assets (Excluding Goodwill) Indefinite-lived intangibles - permits Other Indefinite-lived Intangible Assets Other intangibles, net Finite-Lived Intangible Assets, Net Goodwill Goodwill OTHER ASSETS Prepaid Expense and Other Assets, Noncurrent [Abstract] Other assets Other Assets, Noncurrent Total Assets Assets CURRENT LIABILITIES Liabilities, Current [Abstract] Accounts payable Accounts Payable, Current Accrued expenses Accrued Liabilities, Current Accrued interest Deferred income Deferred Revenue, Current Total Current Liabilities Liabilities, Current Long-term debt Long-term Debt, Excluding Current Maturities Deferred income taxes Deferred Income Tax Liabilities, Net Other long-term liabilities Other Liabilities, Noncurrent Commitments and contingent liabilities (Note 4) Commitments and Contingencies STOCKHOLDERS’ DEFICIT Stockholders' Equity Attributable to Parent [Abstract] Noncontrolling interest Stockholders' Equity Attributable to Noncontrolling Interest Common stock issued Common Stock, Value, Issued Additional paid-in capital Additional Paid in Capital Accumulated deficit Retained Earnings (Accumulated Deficit) Accumulated other comprehensive loss Accumulated Other Comprehensive Income (Loss), Net of Tax Cost of shares (581,707 in 2017 and 389,920 in 2016) held in treasury Treasury Stock, Value Total Stockholders' Deficit Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest Total Liabilities and Stockholders' Deficit Liabilities and Equity Property, Plant and Equipment [Abstract] Schedule of Property, Plant and Equipment Property, Plant and Equipment [Table Text Block] Schedule of Gross Carrying Amount and Accumulated Amortization for Other Intangible Assets Schedule of Finite-Lived Intangible Assets [Table Text Block] Schedule of Future Amortization Expense Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block] Schedule of Changes In Carrying Amount Of Goodwill Schedule of Goodwill [Table Text Block] Segment Reporting [Abstract] Schedule of Segment Reporting Information, by Segment [Table] Schedule of Segment Reporting Information, by Segment [Table] Consolidation Items [Axis] Consolidation Items [Axis] Consolidation Items [Domain] Consolidation Items [Domain] Operating segments Operating Segments [Member] Corporate and other reconciling items Corporate And Reconciling Items [Member] Corporate And Reconciling Items [Member] Eliminations Segment Reconciling Items [Member] Intersegment revenues Intersegment Eliminations [Member] Segments [Axis] Segments [Axis] Segments [Domain] Segments [Domain] iHM iHM [Member] iHM [Member] Americas Outdoor Americas Outdoor Advertising [Member] Americas Outdoor Advertising [Member] International Outdoor International Outdoor Advertising [Member] International Outdoor Advertising [Member] Other Corporate and Other [Member] Segment Reporting Information [Line Items] Segment Reporting Information [Line Items] Revenue Revenues Direct operating expenses Direct Operating Costs Selling, general and administrative expenses Selling, General and Administrative Expense Corporate expenses Other General and Administrative Expense Depreciation and amortization Depreciation, Depletion and Amortization Impairment charges Asset Impairment Charges Other operating income, net Other Operating Income (Expense), Net Operating income (loss) Operating Income (Loss) Capital expenditures Payments to Acquire Property, Plant, and Equipment Share-based compensation expense Share-based Compensation BASIS OF PRESENTATION Significant Accounting Policies [Text Block] Property, Plant and Equipment [Table] Property, Plant and Equipment [Table] Property, Plant and Equipment, Type [Axis] Property, Plant and Equipment, Type [Axis] Property, Plant and Equipment, Type [Domain] Property, Plant and Equipment, Type [Domain] Land, buildings and improvements Land, Buildings and Improvements [Member] Structures Building [Member] Towers, transmitters and studio equipment Towers Transmitters And Studio Equipment [Member] Towers Transmitters And Studio Equipment [Member] Furniture and other equipment Furniture and Fixtures [Member] Construction in progress Construction in Progress [Member] Property, Plant and Equipment [Line Items] Property, Plant and Equipment [Line Items] Property, plant and equipment, gross Property, Plant and Equipment, Gross Less: accumulated depreciation Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment Property, plant and equipment, net Property, Plant and Equipment, Net Equity [Abstract] STOCKHOLDERS' DEFICIT Stockholders' Equity Note Disclosure [Text Block] Commitments and Contingencies Disclosure [Abstract] COMMITMENTS AND CONTINGENCIES Commitments and Contingencies Disclosure [Text Block] Schedule of Reportable Segment Results Schedule of Segment Reporting Information, by Segment [Table Text Block] Principles of Consolidation Consolidation, Policy [Policy Text Block] Going Concern Considerations and New Accounting Pronouncements New Accounting Pronouncements, Policy [Policy Text Block] Senior Secured Credit Facilities Term Loan Facilities [Member] Term Loan Facilities [Member] Receivables Based Credit Facility Due 2017 Receivables Based Facility 1 [Member] Receivables Based Facility 1 [Member] 9.0% Priority Guarantee Notes Due 2019 Priority Guarantee Notes Due 2019 [Member] 9.0% Priority Guarantee Notes Due 2021 Priority Guarantee Notes [Member] Priority Guarantee Notes [Member] 9.0% Priority Guarantee Notes Due 2022 Priority Guarantee Notes Due 2022 [Member] 10.625% Priority Guarantee Notes Due 2023 Priority Guarantee Notes Due 2023 [Member] Subsidiary Revolving Credit Facility Due 2018 Subsidiary Senior Revolving Credit Facility [Member] Subsidiary Senior Revolving Credit Facility [Member] Other secured subsidiary debt Other Secured Subsidiary Long Term Debt [Member] Other Secured Subsidiary Long Term Debt [Member] 14.0% Senior Notes Due 2021 Senior Notes Due 2021 [Member] Legacy Notes iHeartCommunications Legacy Notes [Member] 10.0% Senior Notes Due 2018 Subsidiary Senior Notes due 2022 Subisidary Senior Notes [Member] Subsidiary Senior Subordinated Notes due 2020 Subsidiary Senior Subordinated Notes due 2020 [Member] Clear Channel International B.V. Senior Notes due 2020 Clear Channel International B.V. Senior Notes Due 2020 [Member] Other subsidiary debt Other iHeartCommunications Subsidiary Debt [Member] Purchase accounting adjustments and original issue discount Purchase Accounting Adjustments And Original Issue Discount [Member] Purchase Accounting Adjustments And Original Issue Discount [Member] Senior Notes due 2016 Senior Notes Due 2016 [Member] Revolving credit commitment Total consolidated secured debt Secured Debt Long-term Debt Long-term Debt Long-term debt fees Debt Issuance Costs, Net Less: current portion Total long-term debt Maximum borrowings provided under credit facility Line of Credit Facility, Maximum Borrowing Capacity Interest paid per annum through issuance of payment-in-kind notes (as a percent) Debt Instrument, Percentage Of Interest, Paid-In-Kind Debt Instrument, Percentage Of Interest, Paid-In-Kind Senior notes due 2016 Debt Instrument, Face Amount Schedule of Subsidiary or Equity Method Investee [Table] Schedule of Subsidiary or Equity Method Investee [Table] Equity Components [Axis] Equity Components [Axis] Equity Component [Domain] Equity Component [Domain] The Company Parent [Member] Noncontrolling Interests Noncontrolling Interest [Member] Subsidiary or Equity Method Investee [Line Items] Subsidiary or Equity Method Investee [Line Items] Increase (Decrease) in Stockholders' Equity Increase (Decrease) in Stockholders' Equity [Roll Forward] Beginning Balances Net income (loss) Net Income (Loss), Including Portion Attributable to Noncontrolling Interest Dividends declared and other payments to noncontrolling interests Noncontrolling Interest, Decrease from Distributions to Noncontrolling Interest Holders Share-based compensation Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures Purchase of additional noncontrolling interests Noncontrolling Interest, Decrease from Redemptions or Purchase of Interests Disposal of noncontrolling interest Noncontrolling Interest, Decrease from Deconsolidation Foreign currency translation adjustments Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax Unrealized holding gain (loss) on marketable securities Other Comprehensive Income (Loss), Unrealized Holding Gain (Loss) on Securities Arising During Period, Net of Tax Reclassification adjustments Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI for Sale of Securities, Net of Tax Other adjustments to comprehensive loss Other Comprehensive Income, Other, Net of Tax Other, net Other Comprehensive Income (Loss), Other Adjustments, Net Of Tax Other Comprehensive Income (Loss), Other Adjustments, Net Of Tax Ending Balances SEGMENT DATA Segment Reporting Disclosure [Text Block] Related Party Transactions [Abstract] CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS Related Party Transactions Disclosure [Text Block] Income Statement [Abstract] Revenue Operating expenses: Operating Expenses [Abstract] Direct operating expenses (excludes depreciation and amortization) Selling, general and administrative expenses (excludes depreciation and amortization) Corporate expenses (excludes depreciation and amortization) Depreciation and amortization Impairment charges Other operating income (expense), net Interest expense Interest Expense Loss on investments, net Realized Gain (Loss) on Marketable Securities, Cost Method Investments, and Other Investments Equity in earnings (loss) of nonconsolidated affiliates Income (Loss) from Equity Method Investments Gain on extinguishment of debt Gain (Loss) on Extinguishment of Debt Other income (expense), net Nonoperating Income (Expense) Income (loss) before income taxes Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest Income tax expense Income Tax Expense (Benefit) Consolidated net income (loss) Less amount attributable to noncontrolling interest Net Income (Loss) Attributable to Noncontrolling Interest Net income (loss) attributable to the Company Net Income (Loss) Attributable to Parent Other comprehensive income (loss), net of tax: Other Comprehensive Income (Loss), Net of Tax [Abstract] Foreign currency translation adjustments Unrealized holding loss on marketable securities Reclassification adjustments Other adjustments to comprehensive income (loss) Other comprehensive income Other Comprehensive Income (Loss), Net of Tax Comprehensive income (loss) Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest Less amount attributable to noncontrolling interest Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest Comprehensive income (loss) attributable to the Company Comprehensive Income (Loss), Net of Tax, Attributable to Parent Net loss attributable to the Company per common share: Earnings Per Share [Abstract] Basic (in dollars per share) Earnings Per Share, Basic Weighted average common shares outstanding - Basic Weighted Average Number of Shares Outstanding, Basic Diluted (in dollars per share) Earnings Per Share, Diluted Weighted average common shares outstanding - Diluted Weighted Average Number of Shares Outstanding, Diluted 2018 Finite-Lived Intangible Assets, Amortization Expense, Next Twelve Months 2019 Finite-Lived Intangible Assets, Amortization Expense, Year Two 2020 Finite-Lived Intangible Assets, Amortization Expense, Year Three 2021 Finite-Lived Intangible Assets, Amortization Expense, Year Four 2022 Finite-Lived Intangible Assets, Amortization Expense, Year Five Current tax benefit (expense) Current Income Tax Expense (Benefit) Deferred tax benefit (expense) Deferred Income Tax Expense (Benefit) Income tax expense Schedule of Indefinite-Lived Intangible Assets [Table] Schedule of Indefinite-Lived Intangible Assets [Table] Indefinite-lived Intangible Assets [Line Items] Indefinite-lived Intangible Assets [Line Items] Indefinite-lived intangible assets in International outdoor segment Impairment charges related to intangible assets Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) Total amortization expense related to definite-lived intangible assets Amortization of Intangible Assets Goodwill impairment Goodwill, Impairment Loss Disposal Groups, Including Discontinued Operations [Table] Disposal Groups, Including Discontinued Operations [Table] Noncash or Part Noncash Acquisitions by Unique Description [Axis] Noncash or Part Noncash Acquisitions by Unique Description [Axis] Noncash or Part Noncash Acquisition, Name [Domain] Noncash or Part Noncash Acquisition, Name [Domain] Certain assets in Atlanta, Georgia Acquisition Of Certain Assets In Atlanta, Georgia From Fairway Media Group, LLC [Member] Acquisition Of Certain Assets In Atlanta, Georgia From Fairway Media Group, LLC [Member] Disposal Group Classification [Axis] Disposal Group Classification [Axis] Disposal Group Classification [Domain] Disposal Group Classification [Domain] Disposed of by sale Disposal Group, Disposed of by Sale, Not Discontinued Operations [Member] Disposal Group Name [Axis] Disposal Group Name [Axis] Disposal Group Name [Domain] Disposal Group Name [Domain] Indianapolis, Indiana market Outdoor Market Indianapolis [Member] Disposal Groups, Including Discontinued Operations [Line Items] Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items] Fair value of assets acquired Noncash or Part Noncash Acquisition, Value of Assets Acquired Cash proceeds from disposal Proceeds from Sale of Property, Plant, and Equipment Fixed assets acquired Noncash or Part Noncash Acquisition, Fixed Assets Acquired Intangible assets acquired Noncash or Part Noncash Acquisition, Intangible Assets Acquired Goodwill included in intangible assets acquired Net gain related to sale Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal Net loss on sale of ownership interest in joint venture Equity Method Investment, Realized Gain (Loss) on Disposal Cumulative translation adjustment Equity Method Investment, Cumulative Translation Adjustment Equity Method Investment, Cumulative Translation Adjustment Schedule of Changes in Stockholders' Deficit Comprehensive Income (Loss) [Table Text Block] Computation of Loss Per Share Schedule of Earnings Per Share, Basic and Diluted [Table Text Block] Document And Entity Information [Abstract] Document And Entity Information (Abstract) Entity Registrant Name Entity Registrant Name Entity Central Index Key Entity Central Index Key Current Fiscal Year End Date Current Fiscal Year End Date Entity Filer Category Entity Filer Category Document Type Document Type Document Period End Date Document Period End Date Document Fiscal Year Focus Document Fiscal Year Focus Document Fiscal Period Focus Document Fiscal Period Focus Amendment Flag Amendment Flag Document Information [Table] Document Information [Table] Common class A Common class B Common class C Common class D Document Information [Line Items] Document Information [Line Items] Entity Common Stock, Shares Outstanding Entity Common Stock, Shares Outstanding LONG-TERM DEBT Debt Disclosure [Text Block] Other Income and Expenses [Abstract] OTHER INFORMATION Other Income and Other Expense Disclosure [Text Block] Weighted average interest rate Debt, Weighted Average Interest Rate Aggregate market value of debt Debt Instrument, Fair Value Disclosure Line of Credit Facility [Table] Line of Credit Facility [Table] Clear Channel International B.V. Clear Channel International B.V. [Member] Clear Channel International B.V. [Member] Clear Channel International B.V. Senior Notes Due 2020 Line of Credit Facility [Line Items] Line of Credit Facility [Line Items] Borrowings repaid under receivables based credit facility Repayments of Lines of Credit Additional borrowed on receivables based credit facility Proceeds from Lines of Credit Outstanding borrowings under facility Long-term Line of Credit Aggregate principal amount of Notes exchanged Debt Conversion, Original Debt, Amount Debt instrument, face amount Proceeds from issuance of senior notes Proceeds from Issuance of Senior Long-term Debt Statement of Cash Flows [Abstract] Cash flows from operating activities: Net Cash Provided by (Used in) Operating Activities [Abstract] Consolidated net loss Reconciling items: Adjustments to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities [Abstract] Deferred taxes Provision for doubtful accounts Provision for Doubtful Accounts Amortization of deferred financing charges and note discounts, net Amortization of Debt Issuance Costs and Discounts Share-based compensation Gain on disposal of operating and other assets Gain (Loss) on Disposition of Assets Loss on investments, net Equity in loss of nonconsolidated affiliates Gain on extinguishment of debt Barter and trade income Barter and Trade Income Barter and Trade Income Foreign exchange transaction (gain) loss Foreign Currency Transaction Gain (Loss), before Tax Changes in operating assets and liabilities, net of effects of acquisitions and dispositions: Increase (Decrease) in Operating Capital [Abstract] (Increase) decrease in accounts receivable Increase (Decrease) in Accounts Receivable Increase in prepaid expenses and other current assets Increase (Decrease) in Prepaid Expense and Other Assets Decrease in accrued expenses Increase (Decrease) in Accrued Liabilities Increase (decrease) in accounts payable Increase (Decrease) in Other Accounts Payable and Accrued Liabilities Decrease in accrued interest Increase (Decrease) in Interest Payable, Net Increase in deferred income Increase (Decrease) in Deferred Revenue Changes in other operating assets and liabilities Increase (Decrease) in Other Operating Assets and Liabilities, Net Net cash provided by (used for) operating activities Cash flows from investing activities: Net Cash Provided by (Used in) Investing Activities [Abstract] Purchases of other investments Payments to Acquire Other Investments Proceeds from sale of other investments Proceeds from Sale of Available-for-sale Securities, Equity Purchases of property, plant and equipment Proceeds from disposal of assets Proceeds from Sale of Productive Assets Purchases of other operating assets Payments to Acquire Other Productive Assets Change in other, net Payments for (Proceeds from) Other Investing Activities Net cash provided by (used for) investing activities Net Cash Provided by (Used in) Investing Activities Cash flows from financing activities: Net Cash Provided by (Used in) Financing Activities [Abstract] Draws on credit facilities Payments on credit facilities Proceeds from long-term debt Proceeds from Issuance of Long-term Debt Payments on long-term debt Repayments of Long-term Debt Payments to purchase noncontrolling interests Payments for Repurchase of Redeemable Noncontrolling Interest Dividends and other payments to noncontrolling interests Payments of Ordinary Dividends, Noncontrolling Interest Change in other, net Proceeds from (Payments for) Other Financing Activities Net cash provided by (used for) financing activities Net Cash Provided by (Used in) Financing Activities Effect of exchange rate changes on cash Effect of Exchange Rate on Cash and Cash Equivalents Net decrease in cash and cash equivalents Cash and Cash Equivalents, Period Increase (Decrease) Cash and cash equivalents at beginning of period Cash and cash equivalents at end of period SUPPLEMENTAL DISCLOSURES: Supplemental Cash Flow Information [Abstract] Cash paid for interest Cash paid for taxes Income Taxes Paid Schedule of Finite-Lived Intangible Assets [Table] Schedule of Finite-Lived Intangible Assets [Table] Finite-Lived Intangible Assets by Major Class [Axis] Finite-Lived Intangible Assets by Major Class [Axis] Finite-Lived Intangible Assets, Major Class Name [Domain] Finite-Lived Intangible Assets, Major Class Name [Domain] Transit, street furniture and other outdoor contractual rights Transit Street Furniture And Other Outdoor Contractual Rights [Member] Transit Street Furniture And Other Outdoor Contractual Rights [Member] Customer / advertiser relationships Customer Relationships [Member] Talent contracts Talent Contracts [Member] Talent Contracts [Member] Representation contracts Representation Contracts [Member] Representation Contracts [Member] Permanent easements Permanent Easements [Member] Permanent Easements [Member] Other Other Intangible Assets [Member] Finite-Lived Intangible Assets [Line Items] Finite-Lived Intangible Assets [Line Items] Gross Carrying Amount Finite-Lived Intangible Assets, Gross Accumulated Amortization Finite-Lived Intangible Assets, Accumulated Amortization Schedule of Components of Income Tax Expense Schedule of Components of Income Tax Expense (Benefit) [Table Text Block] Maximum management fees per year Management Fee Rate Per Year Amount Contractual maximum amount of expenses related to the managing member or general partner for management of the day-to-day business functions of the limited liability company (LLC) or limited partnership (LP). Management fees and reimbursable expenses Sponsor Fees Allowance for receivables Allowance for Doubtful Accounts Receivable, Current Treasury stock Treasury Stock [Member] Class of Stock [Line Items] Class of Stock [Line Items] Common stock, par value (in dollars per share) Common Stock, Par or Stated Value Per Share Common stock, shares authorized Common Stock, Shares Authorized Common stock, shares issued Common Stock, Shares, Issued Treasury stock, shares Treasury Stock, Shares NUMERATOR: Earnings Per Share, Basic and Diluted [Abstract] Net loss attributable to the Company – common shares Net Income (Loss) Available to Common Stockholders, Basic DENOMINATOR: Weighted Average Number of Shares Outstanding Reconciliation [Abstract] Weighted average common shares outstanding - basic Weighted average common shares outstanding - diluted Net loss attributable to the Company per common share: Outstanding equity awards excluded from computation of diluted earnings per share (in shares) Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount Schedule of Goodwill [Table] Schedule of Goodwill [Table] Dispositions Assets held for sale Disposal Group, Held-for-sale, Not Discontinued Operations [Member] iHM Americas Outdoor Advertising International Outdoor Advertising Other Goodwill [Line Items] Goodwill [Line Items] Goodwill Goodwill [Roll Forward] Beginning balance Impairment Acquisitions Goodwill, Acquired During Period Dispositions and assets held for sale Goodwill, Written off Related to Sale of Business Unit Foreign currency Goodwill, Foreign Currency Translation Gain (Loss) Ending balance Change in deferred income tax liabilities Other Comprehensive Income (Loss), Tax iHeartMedia segment iHeartMedia Segment [Member] iHeartMedia Segment [Member] Trade and barter revenues Advertising Barter Transactions, Advertising Barter Revenue Trade and barter expenses Advertising Barter Transactions, Advertising Barter Costs Other than temporary loss on investments Other than Temporary Impairment Losses, Investments Schedule of Long-Term Debt Outstanding Schedule of Debt [Table Text Block] PROPERTY, PLANT AND EQUIPMENT, INTANGIBLE ASSETS AND GOODWILL Property, Plant and Equipment Disclosure [Text Block] EX-101.PRE 12 ihrt-20170930_pre.xml XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE DOCUMENT XML 13 R1.htm IDEA: XBRL DOCUMENT v3.8.0.1
Document and Entity Information - shares
 9 Months Ended
Sep. 30, 2017
Nov. 06, 2017
Document And Entity Information [Abstract]    
Entity Registrant Name iHeartMedia, Inc.  
Entity Central Index Key 0001400891  
Current Fiscal Year End Date --12-31  
Entity Filer Category Non-accelerated Filer  
Document Type 10-Q  
Document Period End Date Sep. 30, 2017  
Document Fiscal Year Focus 2017  
Document Fiscal Period Focus Q3  
Amendment Flag false  
Common class A    
Document Information [Line Items]    
Entity Common Stock, Shares Outstanding   32,079,841
Common class B    
Document Information [Line Items]    
Entity Common Stock, Shares Outstanding   555,556
Common class C    
Document Information [Line Items]    
Entity Common Stock, Shares Outstanding   58,967,502
Common class D    
Document Information [Line Items]    
Entity Common Stock, Shares Outstanding   0
XML 14 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
CURRENT ASSETS    
Cash and cash equivalents $ 286,370 $ 845,030
Accounts receivable, net of allowance of $40,510 in 2017 and $33,882 in 2016 1,433,019 1,364,404
Prepaid expenses 230,209 184,586
Assets held for sale 0 55,602
Other current assets 77,876 55,065
Total Current Assets 2,027,474 2,504,687
PROPERTY, PLANT AND EQUIPMENT    
Structures, net 1,152,066 1,196,676
Other property, plant and equipment, net 735,997 751,486
INTANGIBLE ASSETS AND GOODWILL    
Indefinite-lived intangibles - licenses 2,408,184 2,413,899
Indefinite-lived intangibles - permits 977,152 960,966
Other intangibles, net 596,287 740,508
Goodwill 4,083,589 4,066,575
OTHER ASSETS    
Other assets 276,511 227,450
Total Assets 12,257,260 12,862,247
CURRENT LIABILITIES    
Accounts payable 157,217 142,600
Accrued expenses 718,458 724,793
Accrued interest 149,533 264,170
Deferred income 215,410 200,103
Current portion of long-term debt 619,003 342,908
Total Current Liabilities 1,859,621 1,674,574
Long-term debt 19,995,897 20,022,080
Deferred income taxes 1,460,882 1,457,095
Other long-term liabilities 618,575 593,973
Commitments and contingent liabilities (Note 4)
STOCKHOLDERS’ DEFICIT    
Noncontrolling interest 114,133 135,778
Additional paid-in capital 2,072,091 2,070,603
Accumulated deficit (13,544,381) (12,733,952)
Accumulated other comprehensive loss (317,208) (355,876)
Cost of shares (581,707 in 2017 and 389,920 in 2016) held in treasury (2,442) (2,119)
Total Stockholders' Deficit (11,677,715) (10,885,475)
Total Liabilities and Stockholders' Deficit 12,257,260 12,862,247
Class A Common Stock    
STOCKHOLDERS’ DEFICIT    
Common stock issued 32 31
Class B Common Stock    
STOCKHOLDERS’ DEFICIT    
Common stock issued 1 1
Class C Common Stock    
STOCKHOLDERS’ DEFICIT    
Common stock issued 59 59
Class D Common Stock    
STOCKHOLDERS’ DEFICIT    
Common stock issued $ 0 $ 0
XML 15 R3.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
Statement of Financial Position [Abstract]    
Allowance for receivables $ 40,510 $ 33,882
Class A Common Stock    
Class of Stock [Line Items]    
Common stock, par value (in dollars per share) $ 0.001 $ 0.001
Common stock, shares authorized 400,000,000 400,000,000
Common stock, shares issued 32,680,481 31,502,448
Class B Common Stock    
Class of Stock [Line Items]    
Common stock, par value (in dollars per share) $ 0.001 $ 0.001
Common stock, shares authorized 150,000,000 150,000,000
Common stock, shares issued 555,556 555,556
Class C Common Stock    
Class of Stock [Line Items]    
Common stock, par value (in dollars per share) $ 0.001 $ 0.001
Common stock, shares authorized 100,000,000 100,000,000
Common stock, shares issued 58,967,502 58,967,502
Class D Common Stock    
Class of Stock [Line Items]    
Common stock, par value (in dollars per share) $ 0.001 $ 0.001
Common stock, shares authorized 200,000,000 200,000,000
Common stock, shares issued 0 0
Treasury stock    
Class of Stock [Line Items]    
Treasury stock, shares 581,707 389,920
XML 16 R4.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Income Statement [Abstract]        
Revenue $ 1,537,416 $ 1,566,582 $ 4,457,106 $ 4,542,852
Operating expenses:        
Direct operating expenses (excludes depreciation and amortization) 621,895 591,740 1,807,534 1,771,590
Selling, general and administrative expenses (excludes depreciation and amortization) 438,654 421,700 1,336,563 1,281,849
Corporate expenses (excludes depreciation and amortization) 77,967 86,832 233,487 252,348
Depreciation and amortization 149,749 158,453 443,650 476,053
Impairment charges 7,631 8,000 7,631 8,000
Other operating income (expense), net (13,215) (505) 24,785 219,768
Operating income (loss) 228,305 299,352 653,026 972,780
Interest expense 470,250 459,852 1,388,747 1,389,793
Loss on investments, net (2,173) (13,767) (2,433) (13,767)
Equity in earnings (loss) of nonconsolidated affiliates (2,238) 1,117 (2,240) (926)
Gain on extinguishment of debt 0 157,556 0 157,556
Other income (expense), net 2,223 (7,323) (11,244) (47,054)
Income (loss) before income taxes (244,133) (22,917) (751,638) (321,204)
Income tax expense (2,051) (5,613) (50,143) (42,243)
Consolidated net income (loss) (246,184) (28,530) (801,781) (363,447)
Less amount attributable to noncontrolling interest 1,993 6,471 8,648 38,950
Net income (loss) attributable to the Company (248,177) (35,001) (810,429) (402,397)
Other comprehensive income (loss), net of tax:        
Foreign currency translation adjustments 13,010 7,356 44,665 43,797
Unrealized holding loss on marketable securities (320) (290) (218) (635)
Reclassification adjustments 6,207 0 4,563 32,823
Other adjustments to comprehensive income (loss) 0 193 0 (3,551)
Other comprehensive income 18,897 7,259 49,010 72,434
Comprehensive income (loss) (229,280) (27,742) (761,419) (329,963)
Less amount attributable to noncontrolling interest 4,289 1,235 10,342 6,365
Comprehensive income (loss) attributable to the Company $ (233,569) $ (28,977) $ (771,761) $ (336,328)
Net loss attributable to the Company per common share:        
Basic (in dollars per share) $ (2.92) $ (0.41) $ (9.55) $ (4.76)
Weighted average common shares outstanding - Basic 85,072 84,650 84,900 84,510
Diluted (in dollars per share) $ (2.92) $ (0.41) $ (9.55) $ (4.76)
Weighted average common shares outstanding - Diluted 85,072 84,650 84,900 84,510
XML 17 R5.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Cash flows from operating activities:    
Consolidated net loss $ (801,781) $ (363,447)
Reconciling items:    
Impairment charges 7,631 8,000
Depreciation and amortization 443,650 476,053
Deferred taxes 12,505 (14,097)
Provision for doubtful accounts 20,936 20,042
Amortization of deferred financing charges and note discounts, net 42,682 51,806
Share-based compensation 9,020 10,350
Gain on disposal of operating and other assets (30,149) (227,765)
Loss on investments, net 2,433 13,767
Equity in loss of nonconsolidated affiliates 2,240 926
Gain on extinguishment of debt 0 (157,556)
Barter and trade income (32,953) (22,126)
Foreign exchange transaction (gain) loss (21,602) 46,533
Changes in operating assets and liabilities, net of effects of acquisitions and dispositions:    
(Increase) decrease in accounts receivable (60,984) 16,909
Increase in prepaid expenses and other current assets (41,306) (17,836)
Decrease in accrued expenses (37,819) (60,515)
Increase (decrease) in accounts payable 9,419 (39,660)
Decrease in accrued interest (78,087) (92,947)
Increase in deferred income 3,847 37,550
Changes in other operating assets and liabilities (8,399) 41,435
Net cash provided by (used for) operating activities (558,717) (272,578)
Cash flows from investing activities:    
Purchases of other investments (29,498) (33,911)
Proceeds from sale of other investments 5,059 3,256
Purchases of property, plant and equipment (184,944) (201,038)
Proceeds from disposal of assets 71,320 604,044
Purchases of other operating assets (3,224) (3,464)
Change in other, net (3,693) (2,575)
Net cash provided by (used for) investing activities (144,980) 366,312
Cash flows from financing activities:    
Draws on credit facilities 60,000 0
Payments on credit facilities (25,909) (1,728)
Proceeds from long-term debt 156,000 800
Payments on long-term debt (5,385) (226,640)
Payments to purchase noncontrolling interests (953) 0
Dividends and other payments to noncontrolling interests (41,083) (93,371)
Change in other, net (5,604) (1,644)
Net cash provided by (used for) financing activities 137,066 (322,583)
Effect of exchange rate changes on cash 7,971 (919)
Net decrease in cash and cash equivalents (558,660) (229,768)
Cash and cash equivalents at beginning of period 845,030 772,678
Cash and cash equivalents at end of period 286,370 542,910
SUPPLEMENTAL DISCLOSURES:    
Cash paid for interest 1,426,438 1,434,482
Cash paid for taxes $ 31,668 $ 39,288
XML 18 R6.htm IDEA: XBRL DOCUMENT v3.8.0.1
BASIS OF PRESENTATION
 9 Months Ended
Sep. 30, 2017
Accounting Policies [Abstract]  
BASIS OF PRESENTATION
BASIS OF PRESENTATION
Preparation of Interim Financial Statements
All references in this Quarterly Report on Form 10-Q to the “Company,” “we,” “us” and “our” refer to iHeartMedia, Inc. and its consolidated subsidiaries. The Company’s reportable segments are iHeartMedia (“iHM”), Americas outdoor advertising (“Americas outdoor” or “Americas outdoor advertising”) and International outdoor advertising (“International outdoor” or “International outdoor advertising”).
The accompanying consolidated financial statements were prepared by the Company pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”) and, in the opinion of management, include all normal and recurring adjustments necessary to present fairly the results of the interim periods shown. Certain information and footnote disclosures normally included in financial statements prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) have been condensed or omitted pursuant to such SEC rules and regulations. Management believes that the disclosures made are adequate to make the information presented not misleading. Due to seasonality and other factors, the results for the interim periods may not be indicative of results for the full year. The financial statements contained herein should be read in conjunction with the consolidated financial statements and notes thereto included in the Company’s 2016 Annual Report on Form 10-K.
The consolidated financial statements include the accounts of the Company and its subsidiaries. Also included in the consolidated financial statements are entities for which the Company has a controlling financial interest or is the primary beneficiary. Investments in companies in which the Company owns 20% to 50% of the voting common stock or otherwise exercises significant influence over operating and financial policies of the company are accounted for under the equity method. All significant intercompany transactions are eliminated in the consolidation process. Certain prior-period amounts have been reclassified to conform to the 2017 presentation.
Going Concern Considerations
During the second quarter of 2014, the FASB issued ASU No. 2014-15, Presentation of Financial Statements - Going Concern (Subtopic 205-40): Disclosure of Uncertainties about an Entity's Ability to Continue as a Going Concern. This update provides U.S. GAAP guidance on management’s responsibility in evaluating whether there is substantial doubt about a company’s ability to continue as a going concern and about related footnote disclosures.  The Company adopted this standard for the year ended December 31, 2016. Under this standard, the Company is required to evaluate whether there is substantial doubt about its ability to continue as a going concern each reporting period, including interim periods.
In evaluating the Company’s ability to continue as a going concern, management considered the conditions and events that could raise substantial doubt about the Company’s ability to continue as a going concern for 12 months following the date the Company’s financial statements were issued (November 8, 2017). Management considered the Company’s current financial condition and liquidity sources, including current funds available, forecasted future cash flows and the Company’s conditional and unconditional obligations due before November 8, 2018.
As of September 30, 2017, the Company had $286.4 million of cash and cash equivalents on its balance sheet, including $222.4 million of cash and cash equivalents held by the Company's subsidiary, Clear Channel Outdoor Holdings, Inc. ("CCOH"). As of September 30, 2017, the Company had $85.0 million of excess availability under iHeartCommunications' receivables-based credit facility, subject to limitations in iHeartCommunications' material financing agreements. A substantial amount of the Company's cash requirements are for debt service obligations. Although the Company has generated operating income in excess of $1.0 billion in each of the years ended December 31, 2016 and 2015, the Company incurred net losses and had negative cash flows from operations for each of these years as a result of significant cash interest payments arising from the Company's substantial debt balance. For the nine months ended September 30, 2017, the Company used cash of $558.7 million for operating activities, which included cash paid for interest of $1,426.4 million. The Company's current forecast indicates it will continue to incur net losses and generate negative cash flows from operating activities as a result of the Company's indebtedness and significant related interest expense. At September 30, 2017, the Company had debt maturities totaling $366.9 million, $308.5 million (net of $277.1 million due to certain of our subsidiaries) and $8,368.9 million in 2017, 2018 and 2019, respectively. In October 2017, iHeartCommunications exchanged $45.0 million principal amount of 11.25% Priority Guarantee Notes due 2021 that were held by a subsidiary of iHeartCommunications for $45.0 million principal amount of 10.0% Senior Notes due 2018 that were held by unaffiliated third parties. After the exchanges, the Company's debt maturities in the next 12 months include, (i) $365.0 million outstanding under iHeartCommunications' receivables-based credit facility, which matures on December 24, 2017, (ii) $51.5 million of 10% Senior Notes due January 15, 2018, (iii) $175.0 million of 6.875% Senior Notes due June 15, 2018 and (iv) $24.8 million of contractual AHYDO catch-up payments to be made on iHeartCommunications' 14% Senior Notes due 2021 on the interest payment due on August 1, 2018. The Company's forecast includes approximately $1.8 billion in cash interest payments in the next 12 months, of which $344.6 million is payable in the quarter ended December 31, 2017 and $548.2 million is payable in the first quarter of 2018. In addition, in certain circumstances, a committee of the CCOH board of directors formed for the specific purpose of monitoring the Intercompany Note (the “CCOH Intercompany Note Committee”) has the non-exclusive authority to demand payments under the Intercompany Note, as long as the CCOH board of directors declares a simultaneous dividend equal to the amount so demanded.  As of November 8, 2017, the CCOH Intercompany Note Committee has the right pursuant to the terms of the settlement of the derivative litigation filed by CCOH’s stockholders regarding the Intercompany Note but not the obligation, to make a demand on the Intercompany Note. If the CCOH Intercompany Note Committee exercises this right to demand a full repayment of the Intercompany Note and the CCOH board of directors declares a simultaneous dividend, based on the balance of the Intercompany Note outstanding at September 30, 2017, approximately $110.4 million would be payable to the public stockholders of CCOH. If the Company is unable to refinance the amounts outstanding under the receivables-based credit facility, the 10% Senior Notes due January 15, 2018, and/or the 6.875% Senior Notes due June 15, 2018 and take other steps to create additional liquidity, forecasted cash flows are not sufficient for the Company to meet its obligations, including upcoming interest payments and maturities on the Company's outstanding debt, as they become due in the ordinary course of business for a period of 12 months following November 8, 2017. As discussed below, the Company has plans to reduce its principal and interest obligations and to create additional liquidity.
The Company is in advanced negotiations with potential lenders to refinance the amounts outstanding under iHeartCommunications' receivables-based credit facility and currently expects to refinance the amounts outstanding under that facility prior to its maturity. In addition, management is taking actions to maximize cash available to meet the Company’s obligations as they become due in the ordinary course of business. In addition, as more fully described in Note 3, the Company launched notes exchange offers and term loan offers in March 2017, which notes exchange offers and term loan offers remain open as of November 8, 2017. The Company has engaged in discussions with many of its lenders and noteholders regarding the terms of the global exchange offers and term loan offers, which have been revised since launch and remain subject to substantial further revision, but no agreement has been reached with respect to those discussions and the discussions remain ongoing. These actions are intended to mitigate those conditions which raise substantial doubt of the Company’s ability to continue as a going concern for a period within 12 months following November 8, 2017.
While the Company continues to work toward completing the notes exchange offers and the term loan offers or other similar transactions, refinancing the amounts outstanding under the receivables-based credit facility and taking other actions to create additional liquidity, there is no assurance that the notes exchange offers and the term loan offers or other similar transactions, will be completed, that the amount outstanding under the receivables-based credit facility will be refinanced or that the Company will be able to create additional liquidity. The Company’s ability to meet its obligations as they become due in the ordinary course of business for the next 12 months will depend on its ability to achieve forecasted results, its ability to conserve cash, its ability to refinance the amounts outstanding under iHeartCommunications' receivables-based credit facility, its ability to successfully complete the notes exchange offers and the term loan offers or other similar transactions and achieve sufficient cash interest savings therefrom and its ability to complete other liquidity-generating transactions. Based on the uncertainty of achieving these actions and the significance of the forecasted future negative cash flows resulting from the Company's substantial debt balance, including anticipated future cash interest payments (including interest due in the fourth quarter of 2017 and in 2018) and the maturities of the $365.0 million in current borrowings under iHeartCommunications' receivables-based credit facility that matures December 24, 2017, the $51.5 million aggregate principal amount of 10% Senior Notes due January 15, 2018, the $175.0 million aggregate principal amount of 6.875% Senior Notes due June 15, 2018 and the $24.8 million of contractual AHYDO catch-up payments to be made on iHeartCommunications' 14% Senior Notes due 2021 beginning with the interest payment due on August 1, 2018, management has determined that there is substantial doubt as to the Company’s ability to continue as a going concern for a period of 12 months following November 8, 2017.
New Accounting Pronouncements
During the third quarter of 2015, the FASB issued ASU 2015-14, Revenue from Contracts with Customers (Topic 606): Deferral of the Effective Date. This update provides a one-year deferral of the effective date for ASU No. 2014-09, Revenue from Contracts with Customers.  ASU No. 2014-09 provides guidance for the recognition, measurement and disclosure of revenue resulting from contracts with customers and will supersede virtually all of the current revenue recognition guidance under U.S. GAAP.  The standard is effective for the first interim period within annual reporting periods beginning after December 15, 2017. The two permitted transition methods under the new standard are the full retrospective method, in which case the standard would be applied to each prior reporting period presented and the cumulative effect of applying the standard would be recognized at the earliest period shown, or the modified retrospective method, in which case the cumulative effect of applying the standard would be recognized at the date of initial application. The Company expects to utilize the full retrospective method. The Company has substantially completed its evaluation of the potential changes from adopting the new standard on its future financial reporting and disclosures, which included reviews of contractual terms for all of the Company’s significant revenue streams and the development of an implementation plan. The Company continues to execute on its implementation plan, including detailed policy drafting and training of segment personnel. Based on its evaluation, the Company does not expect material changes to its 2016 or 2017 consolidated revenues, operating income or balance sheets as a result of the implementation of this standard.
During the first quarter of 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842). The new leasing standard presents significant changes to the balance sheets of lessees. Lessor accounting is updated to align with certain changes in the lessee model and the new revenue recognition standard which was issued in the third quarter of 2015. The standard is effective for annual periods, and for interim periods within those annual periods, beginning after December 15, 2018. The Company is currently evaluating the impact of the provisions of this new standard on its consolidated financial statements.
During the first quarter of 2017, the FASB issued ASU 2017-04, Intangibles - Goodwill and Other (Topic 350). This update eliminates the requirement to calculate the implied fair value of goodwill to measure a goodwill impairment charge. Entities will record an impairment charge based on the excess of a reporting unit's carrying amount over its fair value. The standard is effective for annual and any interim impairment tests performed for periods beginning after December 15, 2019. The Company is currently evaluating the impact of the provisions of this new standard on its consolidated financial statements.
During the second quarter of 2017, the FASB issued ASU 2017-09, Compensation - Stock Compensation (Topic 718). This update mandates that entities will apply the modification accounting guidance if the value, vesting conditions or classification of a stock-based award changes. Entities will have to make all of the disclosures about modifications that are required today, in addition to disclosing that compensation expense hasn't changed. Additionally, the new guidance also clarifies that a modification to an award could be significant and therefore require disclosure, even if the modification accounting is not required. The guidance will be applied prospectively to awards modified on or after the adoption date and is effective for annual periods, and interim periods within those annual periods, beginning after December 15, 2017. The Company is currently evaluating the impact of the provisions of this new standard on its consolidated financial statements.
XML 19 R7.htm IDEA: XBRL DOCUMENT v3.8.0.1
PROPERTY, PLANT AND EQUIPMENT, INTANGIBLE ASSETS AND GOODWILL
 9 Months Ended
Sep. 30, 2017
Property, Plant and Equipment [Abstract]  
PROPERTY, PLANT AND EQUIPMENT, INTANGIBLE ASSETS AND GOODWILL
PROPERTY, PLANT AND EQUIPMENT, INTANGIBLE ASSETS AND GOODWILL
Dispositions
In January 2017, Americas outdoor sold its Indianapolis, Indiana market to Fairway Media Group, LLC in exchange for certain assets in Atlanta, Georgia with a fair value of $39.4 million, plus $43.1 million in cash, net of closing costs. The assets acquired as part of the transaction consisted of $9.9 million in fixed assets and $29.5 million in intangible assets (including $2.3 million in goodwill). The Company recognized a net gain of $28.9 million related to the sale, which is included within Other operating income (expense), net.
During the third quarter of 2017, Americas outdoor sold its ownership interest in a joint venture in Canada. As a result, the Company recognized a net loss on sale of $12.1 million, including a $6.3 million cumulative translation adjustment, which is included within Other operating income (expense), net.
Property, Plant and Equipment
The Company’s property, plant and equipment consisted of the following classes of assets as of September 30, 2017 and December 31, 2016, respectively:
(In thousands)
September 30,
2017
 
December 31,
2016
Land, buildings and improvements
$
578,054

 
$
570,566

Structures
2,807,023

 
2,684,673

Towers, transmitters and studio equipment
356,222

 
350,760

Furniture and other equipment
689,227

 
622,848

Construction in progress
93,850

 
91,655

 
4,524,376

 
4,320,502

Less: accumulated depreciation
2,636,313

 
2,372,340

Property, plant and equipment, net
$
1,888,063

 
$
1,948,162


Indefinite-lived Intangible Assets
The Company’s indefinite-lived intangible assets consist of Federal Communications Commission (“FCC”) broadcast licenses in its iHM segment and billboard permits in its Americas outdoor advertising segment. Due to significant differences in both business practices and regulations, billboards in the International outdoor segment are subject to long-term, finite contracts unlike the Company’s permits in the United States and Canada.  Accordingly, there are no indefinite-lived intangible assets in the International outdoor segment.
Annual Impairment Test on Indefinite-lived Intangible Assets
The Company performs its annual impairment test on indefinite-lived intangible assets as of July 1 of each year.
The impairment tests for indefinite-lived intangible assets consist of a comparison between the fair value of the indefinite-lived intangible asset at the market level with its carrying amount. If the carrying amount of the indefinite-lived intangible asset exceeds its fair value, an impairment loss is recognized equal to that excess. After an impairment loss is recognized, the adjusted carrying amount of the indefinite-lived asset is its new accounting basis. The fair value of the indefinite-lived asset is determined using the direct valuation method as prescribed in ASC 805-20-S99. Under the direct valuation method, the fair value of the indefinite-lived assets is calculated at the market level as prescribed by ASC 350-30-35. The Company engaged a third-party valuation firm, to assist it in the development of the assumptions and the Company’s determination of the fair value of its indefinite-lived intangible assets.
The application of the direct valuation method attempts to isolate the income that is attributable to the indefinite-lived intangible asset alone (that is, apart from tangible and identified intangible assets and goodwill). It is based upon modeling a hypothetical “greenfield” build-up to a “normalized” enterprise that, by design, lacks inherent goodwill and whose only other assets have essentially been paid for (or added) as part of the build-up process. The Company forecasts revenue, expenses, and cash flows over a ten-year period for each of its markets in its application of the direct valuation method. The Company also calculates a “normalized” residual year which represents the perpetual cash flows of each market. The residual year cash flow was capitalized to arrive at the terminal value of the licenses in each market.
Under the direct valuation method, it is assumed that rather than acquiring indefinite-lived intangible assets as part of a going concern business, the buyer hypothetically develops indefinite-lived intangible assets and builds a new operation with similar attributes from scratch. Thus, the buyer incurs start-up costs during the build-up phase which are normally associated with going concern value. Initial capital costs are deducted from the discounted cash flow model which results in value that is directly attributable to the indefinite-lived intangible assets.
The key assumptions using the direct valuation method are market revenue growth rates, market share, profit margin, duration and profile of the build-up period, estimated start-up capital costs and losses incurred during the build-up period, the risk-adjusted discount rate and terminal values. This data is populated using industry normalized information representing an average FCC license or billboard permit within a market.
The Company recognized impairment charges related to its indefinite-lived intangible assets within one iHM radio market of $6.0 million during the three and nine months ended September 30, 2017. The Company recognized impairment charges related to its indefinite-lived intangible assets of $0.7 million during the three and nine months ended September 30, 2016.
Other Intangible Assets
Other intangible assets include definite-lived intangible assets and permanent easements.  The Company’s definite-lived intangible assets primarily include transit and street furniture contracts, talent and representation contracts, customer and advertiser relationships, and site-leases and other contractual rights, all of which are amortized over the shorter of either the respective lives of the agreements or over the period of time the assets are expected to contribute directly or indirectly to the Company’s future cash flows. Permanent easements are indefinite-lived intangible assets which include certain rights to use real property not owned by the Company.  The Company periodically reviews the appropriateness of the amortization periods related to its definite-lived intangible assets.  These assets are recorded at cost.
The following table presents the gross carrying amount and accumulated amortization for each major class of other intangible assets as of September 30, 2017 and December 31, 2016, respectively:
(In thousands)
September 30, 2017
 
December 31, 2016
 
Gross Carrying Amount
 
Accumulated Amortization
 
Gross Carrying Amount
 
Accumulated Amortization
Transit, street furniture and other outdoor
contractual rights
$
587,099

 
$
(469,982
)
 
$
563,863

 
$
(426,752
)
Customer / advertiser relationships
1,222,518

 
(1,103,001
)
 
1,222,519

 
(1,012,380
)
Talent contracts
319,384

 
(292,932
)
 
319,384

 
(281,060
)
Representation contracts
253,350

 
(236,157
)
 
253,511

 
(229,413
)
Permanent easements
162,920

 
—

 
159,782

 
—

Other
390,302

 
(237,214
)
 
390,171

 
(219,117
)
Total
$
2,935,573

 
$
(2,339,286
)
 
$
2,909,230

 
$
(2,168,722
)

Total amortization expense related to definite-lived intangible assets for the three months ended September 30, 2017 and 2016 was $49.5 million and $55.6 million, respectively. Total amortization expense related to definite-lived intangible assets for the nine months ended September 30, 2017 and 2016 was $148.2 million and $167.7 million, respectively.
As acquisitions and dispositions occur in the future, amortization expense may vary.  The following table presents the Company’s estimate of amortization expense for each of the five succeeding fiscal years for definite-lived intangible assets:
(In thousands)
 
2018
$
127,795

2019
44,958

2020
38,326

2021
34,815

2022
30,007


Goodwill
Annual Impairment Test to Goodwill
The Company performs its annual impairment test on goodwill as of July 1 of each year.
Each of the U.S. radio markets and outdoor advertising markets are components of the Company. The U.S. radio markets are aggregated into a single reporting unit and the U.S. outdoor advertising markets are aggregated into a single reporting unit for purposes of the goodwill impairment test using the guidance in ASC 350-20-55. The Company also determined that each country within its Americas outdoor segment and International outdoor segment constitutes a separate reporting unit.
The goodwill impairment test is a two-step process. The first step, used to screen for potential impairment, compares the fair value of the reporting unit with its carrying amount, including goodwill. If applicable, the second step, used to measure the amount of the impairment loss, compares the implied fair value of the reporting unit goodwill with the carrying amount of that goodwill.
Each of the Company’s reporting units is valued using a discounted cash flow model which requires estimating future cash flows expected to be generated from the reporting unit and discounting such cash flows to their present value using a risk-adjusted discount rate. Terminal values were also estimated and discounted to their present value. Assessing the recoverability of goodwill requires the Company to make estimates and assumptions about sales, operating margins, growth rates and discount rates based on its budgets, business plans, economic projections, anticipated future cash flows and marketplace data. There are inherent uncertainties related to these factors and management’s judgment in applying these factors.
The Company recognized goodwill impairment of $1.6 million during the three and nine months ended September 30, 2017 related to one market in the Company's International outdoor segment. The Company recognized goodwill impairment of $7.3 million during the three and nine months ended September 30, 2016 related to one market in the Company's International outdoor segment.
The following table presents the changes in the carrying amount of goodwill in each of the Company’s reportable segments:
(In thousands)
iHM
 
Americas Outdoor Advertising
 
International Outdoor Advertising
 
Other
 
Consolidated
Balance as of December 31, 2015
$
3,288,481

 
$
534,683

 
$
223,892

 
$
81,831

 
$
4,128,887

Impairment
—

 
—

 
(7,274
)
 
—

 
(7,274
)
Dispositions
—

 
(6,934
)
 
(30,718
)
 
—

 
(37,652
)
Foreign currency
—

 
(1,998
)
 
(5,051
)
 
—

 
(7,049
)
Assets held for sale
—

 
(10,337
)
 
—

 
—

 
(10,337
)
Balance as of December 31, 2016
$
3,288,481

 
$
515,414

 
$
180,849

 
$
81,831

 
$
4,066,575

Impairment
—

 
—

 
(1,591
)
 
—

 
(1,591
)
Acquisitions
—

 
2,252

 
—

 
—

 
2,252

Dispositions
—

 
—

 
(1,817
)
 
—

 
(1,817
)
Foreign currency
—

 
654

 
17,427

 
—

 
18,081

Assets held for sale
—

 
89

 
—

 
—

 
89

Balance as of September 30, 2017
$
3,288,481

 
$
518,409

 
$
194,868

 
$
81,831

 
$
4,083,589
XML 20 R8.htm IDEA: XBRL DOCUMENT v3.8.0.1
LONG-TERM DEBT
 9 Months Ended
Sep. 30, 2017
Debt Disclosure [Abstract]  
LONG-TERM DEBT
LONG-TERM DEBT
Long-term debt outstanding as of September 30, 2017 and December 31, 2016 consisted of the following:
(In thousands)
September 30,
2017
 
December 31,
2016
Senior Secured Credit Facilities(1)
$
6,300,000

 
$
6,300,000

Receivables Based Credit Facility Due 2017(2)
365,000

 
330,000

9.0% Priority Guarantee Notes Due 2019
1,999,815

 
1,999,815

9.0% Priority Guarantee Notes Due 2021
1,750,000

 
1,750,000

11.25% Priority Guarantee Notes Due 2021
825,546

 
575,000

9.0% Priority Guarantee Notes Due 2022
1,000,000

 
1,000,000

10.625% Priority Guarantee Notes Due 2023
950,000

 
950,000

Subsidiary Revolving Credit Facility Due 2018(3)
—

 
—

Other secured subsidiary debt(4)
8,681

 
20,987

Total consolidated secured debt
13,199,042

 
12,925,802

 
 
 
 
14.0% Senior Notes Due 2021(5)
1,763,925

 
1,729,168

Legacy Notes(6)
475,000

 
475,000

10.0% Senior Notes Due 2018
96,482

 
347,028

Subsidiary Senior Notes due 2022
2,725,000

 
2,725,000

Subsidiary Senior Subordinated Notes due 2020
2,200,000

 
2,200,000

Clear Channel International B.V. Senior Notes due 2020
375,000

 
225,000

Other subsidiary debt
25,588

 
27,954

Purchase accounting adjustments and original issue discount
(142,796
)
 
(166,961
)
Long-term debt fees
(102,341
)
 
(123,003
)
Total debt
20,614,900

 
20,364,988

Less: current portion
619,003

 
342,908

Total long-term debt
$
19,995,897

 
$
20,022,080

(1)
Term Loan D and Term Loan E mature in 2019.
(2)
The Receivables Based Credit Facility, which matures December 24, 2017, provides for borrowings up to the lesser of $535.0 million (the revolving credit commitment) or the borrowing base, subject to certain limitations contained in iHeartCommunications' material financing agreements.
(3)
The Subsidiary Revolving Credit Facility provides for borrowings up to $75.0 million (the revolving credit commitment).
(4)
Other secured subsidiary debt matures at various dates from 2017 through 2045.
(5)
The 14.0% Senior Notes due 2021 are subject to required payments at various dates from 2018 through 2021. 2.0% per annum of the interest is paid through the issuance of payment-in-kind notes in the first and third quarters.
(6)
iHeartCommunications' Legacy Notes, all of which were issued prior to the acquisition of iHeartCommunications by the Company in 2008, consist of Senior Notes maturing at various dates in 2018 and 2027, as well as $57.1 million of Senior Notes due 2016 held by a subsidiary of the Company that remain outstanding but are eliminated for purposes of consolidation of the Company’s financial statements.

The Company’s weighted average interest rate was 8.7% and 8.5% as of September 30, 2017 and December 31, 2016, respectively. The aggregate market value of the Company’s debt based on market prices for which quotes were available was approximately $15.8 billion and $16.7 billion as of September 30, 2017 and December 31, 2016, respectively. Under the fair value hierarchy established by ASC 820-10-35, the market value of the Company’s debt is classified as either Level 1 or Level 2.
On January 31, 2017, iHeartCommunications repaid $25.0 million of the amount borrowed under its receivables-based credit facility. On July 31, 2017, iHeartCommunications borrowed an additional $60.0 million on its receivables-based credit facility, bringing the total amount outstanding under this facility as of September 30, 2017 to $365.0 million.
On February 7, 2017, iHeartCommunications completed an exchange offer by issuing $476.4 million in aggregate principal amount of 11.25% Priority Guarantee Notes due 2021 in exchange for $476.4 million of aggregate principal amount outstanding of its 10.0% Senior Notes due 2018. Of the $476.4 million principal amount of 11.25% Priority Guarantee Notes due 2021 issued in the exchange offer, $241.4 million principal amount was issued to subsidiaries of iHeartCommunications that participated in the exchange offer.
On March 15, 2017, iHeartCommunications commenced exchange offers (the “notes exchange offers”) to exchange certain series of its outstanding debt securities (the “Existing Notes”) for new securities of the Company, iHeartCommunications and CC Outdoor Holdings, Inc., a wholly-owned subsidiary of the Company, and concurrent consent solicitations with respect to the terms of the Existing Notes. On March 15, 2017, the Company also commenced offers (the “term loan offers”) to amend its outstanding Term Loan D and Term Loan E under its senior secured credit facilities and/or to issue new securities of the Company, CC Outdoor Holdings, Inc., Broader Media, LLC and/or iHeartCommunications to the lenders depending on the scenario in which the notes exchange offers and the term loan offers close. The terms of the notes exchange offers and the term loan offers have been revised and are subject to substantial further revision, and the offers may never be consummated, on the terms currently proposed or otherwise. Both the notes exchange offers and the term loan offers were open as of November 8, 2017.
On July 10, 2017, a subsidiary of iHeartCommunications exchanged $15.6 million aggregate principal amount of 11.25% Priority Guarantee Notes due 2021 that were held by a subsidiary of iHeartCommunications for $15.6 million aggregate principal amount of its 10.0% Senior Notes due 2018 that were held by an unaffiliated third party.
On August 14, 2017, Clear Channel International B.V. (“CCIBV”), an indirect subsidiary of the Company, issued $150.0 million in aggregate principal amount of 8.75% Senior Notes due 2020 (the “New Notes”). The New Notes were issued as additional notes under the indenture governing CCIBV’s existing 8.75% Senior Notes due 2020 and were issued at a premium, resulting in $156.0 million in proceeds.  The New Notes mature on December 15, 2020 and bear interest at a rate of 8.75% per annum, payable semi-annually in arrears on June 15 and December 15 of each year.

In October 2017, a subsidiary of iHeartCommunications exchanged $45.0 million aggregate principal amount of 11.25% Priority Guarantee Notes due 2021 that were held by a subsidiary of iHeartCommunications for $45.0 million aggregate principal amount of 10.0% Senior Notes due 2018 that were held by unaffiliated third parties.
Surety Bonds, Letters of Credit and Guarantees
As of September 30, 2017, the Company and its subsidiaries had outstanding surety bonds, commercial standby letters of credit and bank guarantees of $72.1 million, $144.5 million and $36.6 million, respectively. Bank guarantees and letters of credit of $17.3 million and $28.8 million, respectively, were backed by cash collateral. These surety bonds, letters of credit and bank guarantees relate to various operational matters including insurance, bid, concession and performance bonds as well as other items.
XML 21 R9.htm IDEA: XBRL DOCUMENT v3.8.0.1
COMMITMENTS AND CONTINGENCIES
 9 Months Ended
Sep. 30, 2017
Commitments and Contingencies Disclosure [Abstract]  
COMMITMENTS AND CONTINGENCIES
COMMITMENTS AND CONTINGENCIES
The Company and its subsidiaries are involved in certain legal proceedings arising in the ordinary course of business and, as required, have accrued an estimate of the probable costs for the resolution of those claims for which the occurrence of loss is probable and the amount can be reasonably estimated. These estimates have been developed in consultation with counsel and are based upon an analysis of potential results, assuming a combination of litigation and settlement strategies. It is possible, however, that future results of operations for any particular period could be materially affected by changes in the Company’s assumptions or the effectiveness of its strategies related to these proceedings. Additionally, due to the inherent uncertainty of litigation, there can be no assurance that the resolution of any particular claim or proceeding would not have a material adverse effect on the Company’s financial condition or results of operations.
Although the Company is involved in a variety of legal proceedings in the ordinary course of business, a large portion of the Company’s litigation arises in the following contexts: commercial disputes; defamation matters; employment and benefits related claims; governmental fines; intellectual property claims; and tax disputes.
International Outdoor Investigation
On April 21, 2015, inspections were conducted at the premises of Clear Channel in Denmark and Sweden as part of an investigation by Danish competition authorities.  Additionally, on the same day, Clear Channel UK received a communication from the UK competition authorities, also in connection with the investigation by Danish competition authorities. Clear Channel and its affiliates are cooperating with the national competition authorities.
Stockholder Litigation
On May 9, 2016, a stockholder of Clear Channel Outdoor Holdings, Inc. ("CCOH") filed a derivative lawsuit in the Court of Chancery of the State of Delaware, captioned GAMCO Asset Management Inc. v. iHeartMedia Inc. et al., C.A. No. 12312-VCS. The complaint names as defendants the Company, iHeartCommunications, Inc. ("iHeartCommunications"), an indirect subsidiary of the Company, Bain Capital Partners, LLC and Thomas H. Lee Partners, L.P. (together, the "Sponsor Defendants"), the Company's private equity sponsors and majority owners, and the members of CCOH's board of directors. CCOH also is named as a nominal defendant. The complaint alleges that CCOH has been harmed by the intercompany agreements with iHeartCommunications, CCOH’s lack of autonomy over its own cash and the actions of the defendants in serving the interests of the Company, iHeartCommunications and the Sponsor Defendants to the detriment of CCOH and its minority stockholders. Specifically, the complaint alleges that the defendants have breached their fiduciary duties by causing CCOH to: (i) continue to loan cash to iHeartCommunications under the intercompany note at below-market rates; (ii) abandon its growth and acquisition strategies in favor of transactions that would provide cash to the Company and iHeartCommunications; (iii) issue new debt in the CCIBV note offering (the "CCIBV Note Offering") to provide cash to the Company and iHeartCommunications through a dividend; and (iv) effect the sales of certain outdoor markets in the U.S. (the "Outdoor Asset Sales") allegedly to provide cash to the Company and iHeartCommunications through a dividend. The complaint also alleges that the Company, iHeartCommunications and the Sponsor Defendants aided and abetted the directors' breaches of their fiduciary duties. The complaint further alleges that the Company, iHeartCommunications and the Sponsor Defendants were unjustly enriched as a result of these transactions and that these transactions constituted a waste of corporate assets for which the defendants are liable to CCOH. The plaintiff is seeking, among other things, a ruling that the defendants breached their fiduciary duties to CCOH and that the Company, iHeartCommunications and the Sponsor Defendants aided and abetted the CCOH board of directors' breaches of fiduciary duty, rescission of payments made by CCOH to iHeartCommunications and its affiliates pursuant to dividends declared in connection with the CCIBV Note Offering and Outdoor Asset Sales, and an order requiring the Company, iHeartCommunications and the Sponsor Defendants to disgorge all profits they have received as a result of the alleged fiduciary misconduct.
On July 20, 2016, the defendants filed a motion to dismiss plaintiff's verified stockholder derivative complaint for failure to state a claim upon which relief can be granted. On November 23, 2016, the Court granted defendants' motion to dismiss all claims brought by the plaintiff. On December 19, 2016, the plaintiff filed a notice of appeal of the ruling. The oral hearing on the appeal was held on October 11, 2017. On October 12, 2017, the Supreme Court of Delaware affirmed the lower court's ruling, dismissing the case.
XML 22 R10.htm IDEA: XBRL DOCUMENT v3.8.0.1
INCOME TAXES
 9 Months Ended
Sep. 30, 2017
Income Tax Disclosure [Abstract]  
INCOME TAXES
INCOME TAXES
Income Tax Expense
The Company’s income tax expense for the three and nine months ended September 30, 2017 and 2016, respectively, consisted of the following components:
(In thousands)
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2017
 
2016
 
2017
 
2016
Current tax benefit (expense)
$
7,349

 
$
(9,339
)
 
$
(37,638
)
 
$
(56,340
)
Deferred tax benefit (expense)
(9,400
)
 
3,726

 
(12,505
)
 
14,097

Income tax expense
$
(2,051
)
 
$
(5,613
)
 
$
(50,143
)
 
$
(42,243
)

The effective tax rates for the three months ended September 30, 2017 and 2016 were (0.8)% and (24.5)%, respectively. The effective tax rates for the nine months ended September 30, 2017 and 2016 were (6.7)% and (13.2)%, respectively. The 2017 and 2016 effective tax rates were primarily impacted by the valuation allowance recorded against deferred tax assets resulting from current period net operating losses in U.S. federal, state and certain foreign jurisdictions due to uncertainty regarding the Company's ability to realize those assets in future periods.
XML 23 R11.htm IDEA: XBRL DOCUMENT v3.8.0.1
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.
XML 24 R12.htm IDEA: XBRL DOCUMENT v3.8.0.1
OTHER INFORMATION
 9 Months Ended
Sep. 30, 2017
Other Income and Expenses [Abstract]  
OTHER INFORMATION
OTHER INFORMATION
Other Comprehensive Income (Loss)
There was no change in deferred income tax liabilities resulting from adjustments to comprehensive loss for the three and nine months ended September 30, 2017. The total increase (decrease) in deferred income tax liabilities of other adjustments to comprehensive loss for the three and nine months ended September 30, 2016 was $0.1 million and $(0.7) million.
Trade and Barter
Trade and barter transactions represent the exchange of advertising spots or display space for merchandise, services or other assets in the ordinary course of business.  These transactions are recorded at the estimated fair market value of the advertising spots or display space or the fair value of the merchandise or services or other assets received, whichever is most readily determinable.  Trade and barter revenues and expenses from continuing operations are included in consolidated revenue and selling, general and administrative expenses, respectively.
Trade and barter revenues for the Company were $49.1 million and $30.2 million for the three months ended September 30, 2017 and 2016, respectively, and $161.7 million and $105.7 million for the nine months ended September 30, 2017 and 2016, respectively. Trade and barter expenses for the Company were $36.6 million and $23.2 million for the three months ended September 30, 2017 and 2016, respectively, and $129.2 million and $81.8 million for the nine months ended September 30, 2017 and 2016, respectively.
Trade and barter revenues for our iHeartMedia segment were $45.9 million and $26.0 million for the three months ended September 30, 2017 and 2016, respectively, and $149.2 million and $98.0 million for the nine months ended September 30, 2017 and 2016, respectively. Trade and barter expenses for our iHeartMedia segment were $32.2 million and $21.0 million for the three months ended September 30, 2017 and 2016, respectively, and $118.7 million and $75.4 million for the nine months ended September 30, 2017 and 2016, respectively.
Investments
During the third quarter of 2017 the Company determined that some of its investments had declined in value. Such decline in value was considered to be other than temporary, and the Company recorded a loss on investments of $1.6 million to state the investments at their estimated fair value. During the third quarter of 2016 the Company recorded a loss on investments of $14.5 million on one of its investments.
XML 25 R13.htm IDEA: XBRL DOCUMENT v3.8.0.1
SEGMENT DATA
 9 Months Ended
Sep. 30, 2017
Segment Reporting [Abstract]  
SEGMENT DATA
SEGMENT DATA
The Company’s reportable segments, which it believes best reflect how the Company is currently managed, are iHM, Americas outdoor advertising and International outdoor advertising.  Revenue and expenses earned and charged between segments are recorded at estimated fair value and eliminated in consolidation.  The iHM segment provides media and entertainment services via broadcast and digital delivery and also includes the Company’s events and national syndication businesses.  The Americas outdoor advertising segment consists of operations primarily in the United States, Canada and Latin America.  The International outdoor advertising segment primarily includes operations in Europe and Asia.  The Other category includes the Company’s media representation business as well as other general support services and initiatives that are ancillary to the Company’s other businesses.  Corporate includes infrastructure and support, including information technology, human resources, legal, finance and administrative functions for each of the Company’s reportable segments, as well as overall executive, administrative and support functions. Share-based payments are recorded in corporate expense.
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
XML 26 R14.htm IDEA: XBRL DOCUMENT v3.8.0.1
CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS
 9 Months Ended
Sep. 30, 2017
Related Party Transactions [Abstract]  
CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS
CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS
The Company is a party to a management agreement with certain affiliates of Bain Capital Partners, LLC and Thomas H. Lee Partners, L.P. (together, the "Sponsors") and certain other parties pursuant to which such affiliates of the Sponsors will provide management and financial advisory services until 2018. These agreements require management fees to be paid to such affiliates of the Sponsors for such services at a rate not greater than $15.0 million per year, plus reimbursable expenses. For the three and nine months ended September 30, 2017, the Company recognized management fees and reimbursable expenses of $3.8 million and $11.4 million, and $3.9 million and $11.5 million for the three and nine months ended September 30, 2016, respectively.
XML 27 R15.htm IDEA: XBRL DOCUMENT v3.8.0.1
BASIS OF PRESENTATION (Policies)
 9 Months Ended
Sep. 30, 2017
Accounting Policies [Abstract]  
Principles of Consolidation
The accompanying consolidated financial statements were prepared by the Company pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”) and, in the opinion of management, include all normal and recurring adjustments necessary to present fairly the results of the interim periods shown. Certain information and footnote disclosures normally included in financial statements prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) have been condensed or omitted pursuant to such SEC rules and regulations. Management believes that the disclosures made are adequate to make the information presented not misleading. Due to seasonality and other factors, the results for the interim periods may not be indicative of results for the full year. The financial statements contained herein should be read in conjunction with the consolidated financial statements and notes thereto included in the Company’s 2016 Annual Report on Form 10-K.
The consolidated financial statements include the accounts of the Company and its subsidiaries. Also included in the consolidated financial statements are entities for which the Company has a controlling financial interest or is the primary beneficiary. Investments in companies in which the Company owns 20% to 50% of the voting common stock or otherwise exercises significant influence over operating and financial policies of the company are accounted for under the equity method. All significant intercompany transactions are eliminated in the consolidation process. Certain prior-period amounts have been reclassified to conform to the 2017 presentation.
Going Concern Considerations and New Accounting Pronouncements
New Accounting Pronouncements
During the third quarter of 2015, the FASB issued ASU 2015-14, Revenue from Contracts with Customers (Topic 606): Deferral of the Effective Date. This update provides a one-year deferral of the effective date for ASU No. 2014-09, Revenue from Contracts with Customers.  ASU No. 2014-09 provides guidance for the recognition, measurement and disclosure of revenue resulting from contracts with customers and will supersede virtually all of the current revenue recognition guidance under U.S. GAAP.  The standard is effective for the first interim period within annual reporting periods beginning after December 15, 2017. The two permitted transition methods under the new standard are the full retrospective method, in which case the standard would be applied to each prior reporting period presented and the cumulative effect of applying the standard would be recognized at the earliest period shown, or the modified retrospective method, in which case the cumulative effect of applying the standard would be recognized at the date of initial application. The Company expects to utilize the full retrospective method. The Company has substantially completed its evaluation of the potential changes from adopting the new standard on its future financial reporting and disclosures, which included reviews of contractual terms for all of the Company’s significant revenue streams and the development of an implementation plan. The Company continues to execute on its implementation plan, including detailed policy drafting and training of segment personnel. Based on its evaluation, the Company does not expect material changes to its 2016 or 2017 consolidated revenues, operating income or balance sheets as a result of the implementation of this standard.
During the first quarter of 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842). The new leasing standard presents significant changes to the balance sheets of lessees. Lessor accounting is updated to align with certain changes in the lessee model and the new revenue recognition standard which was issued in the third quarter of 2015. The standard is effective for annual periods, and for interim periods within those annual periods, beginning after December 15, 2018. The Company is currently evaluating the impact of the provisions of this new standard on its consolidated financial statements.
During the first quarter of 2017, the FASB issued ASU 2017-04, Intangibles - Goodwill and Other (Topic 350). This update eliminates the requirement to calculate the implied fair value of goodwill to measure a goodwill impairment charge. Entities will record an impairment charge based on the excess of a reporting unit's carrying amount over its fair value. The standard is effective for annual and any interim impairment tests performed for periods beginning after December 15, 2019. The Company is currently evaluating the impact of the provisions of this new standard on its consolidated financial statements.
During the second quarter of 2017, the FASB issued ASU 2017-09, Compensation - Stock Compensation (Topic 718). This update mandates that entities will apply the modification accounting guidance if the value, vesting conditions or classification of a stock-based award changes. Entities will have to make all of the disclosures about modifications that are required today, in addition to disclosing that compensation expense hasn't changed. Additionally, the new guidance also clarifies that a modification to an award could be significant and therefore require disclosure, even if the modification accounting is not required. The guidance will be applied prospectively to awards modified on or after the adoption date and is effective for annual periods, and interim periods within those annual periods, beginning after December 15, 2017. The Company is currently evaluating the impact of the provisions of this new standard on its consolidated financial statements.
Going Concern Considerations
During the second quarter of 2014, the FASB issued ASU No. 2014-15, Presentation of Financial Statements - Going Concern (Subtopic 205-40): Disclosure of Uncertainties about an Entity's Ability to Continue as a Going Concern. This update provides U.S. GAAP guidance on management’s responsibility in evaluating whether there is substantial doubt about a company’s ability to continue as a going concern and about related footnote disclosures.  The Company adopted this standard for the year ended December 31, 2016. Under this standard, the Company is required to evaluate whether there is substantial doubt about its ability to continue as a going concern each reporting period, including interim periods.
XML 28 R16.htm IDEA: XBRL DOCUMENT v3.8.0.1
PROPERTY, PLANT AND EQUIPMENT, INTANGIBLE ASSETS AND GOODWILL (Tables)
 9 Months Ended
Sep. 30, 2017
Property, Plant and Equipment [Abstract]  
Schedule of Property, Plant and Equipment
The Company’s property, plant and equipment consisted of the following classes of assets as of September 30, 2017 and December 31, 2016, respectively:
(In thousands)
September 30,
2017
 
December 31,
2016
Land, buildings and improvements
$
578,054

 
$
570,566

Structures
2,807,023

 
2,684,673

Towers, transmitters and studio equipment
356,222

 
350,760

Furniture and other equipment
689,227

 
622,848

Construction in progress
93,850

 
91,655

 
4,524,376

 
4,320,502

Less: accumulated depreciation
2,636,313

 
2,372,340

Property, plant and equipment, net
$
1,888,063

 
$
1,948,162
Schedule of Gross Carrying Amount and Accumulated Amortization for Other Intangible Assets
The following table presents the gross carrying amount and accumulated amortization for each major class of other intangible assets as of September 30, 2017 and December 31, 2016, respectively:
(In thousands)
September 30, 2017
 
December 31, 2016
 
Gross Carrying Amount
 
Accumulated Amortization
 
Gross Carrying Amount
 
Accumulated Amortization
Transit, street furniture and other outdoor
contractual rights
$
587,099

 
$
(469,982
)
 
$
563,863

 
$
(426,752
)
Customer / advertiser relationships
1,222,518

 
(1,103,001
)
 
1,222,519

 
(1,012,380
)
Talent contracts
319,384

 
(292,932
)
 
319,384

 
(281,060
)
Representation contracts
253,350

 
(236,157
)
 
253,511

 
(229,413
)
Permanent easements
162,920

 
—

 
159,782

 
—

Other
390,302

 
(237,214
)
 
390,171

 
(219,117
)
Total
$
2,935,573

 
$
(2,339,286
)
 
$
2,909,230

 
$
(2,168,722
)
Schedule of Future Amortization Expense
The following table presents the Company’s estimate of amortization expense for each of the five succeeding fiscal years for definite-lived intangible assets:
(In thousands)
 
2018
$
127,795

2019
44,958

2020
38,326

2021
34,815

2022
30,007
Schedule of Changes In Carrying Amount Of Goodwill
The following table presents the changes in the carrying amount of goodwill in each of the Company’s reportable segments:
(In thousands)
iHM
 
Americas Outdoor Advertising
 
International Outdoor Advertising
 
Other
 
Consolidated
Balance as of December 31, 2015
$
3,288,481

 
$
534,683

 
$
223,892

 
$
81,831

 
$
4,128,887

Impairment
—

 
—

 
(7,274
)
 
—

 
(7,274
)
Dispositions
—

 
(6,934
)
 
(30,718
)
 
—

 
(37,652
)
Foreign currency
—

 
(1,998
)
 
(5,051
)
 
—

 
(7,049
)
Assets held for sale
—

 
(10,337
)
 
—

 
—

 
(10,337
)
Balance as of December 31, 2016
$
3,288,481

 
$
515,414

 
$
180,849

 
$
81,831

 
$
4,066,575

Impairment
—

 
—

 
(1,591
)
 
—

 
(1,591
)
Acquisitions
—

 
2,252

 
—

 
—

 
2,252

Dispositions
—

 
—

 
(1,817
)
 
—

 
(1,817
)
Foreign currency
—

 
654

 
17,427

 
—

 
18,081

Assets held for sale
—

 
89

 
—

 
—

 
89

Balance as of September 30, 2017
$
3,288,481

 
$
518,409

 
$
194,868

 
$
81,831

 
$
4,083,589
XML 29 R17.htm IDEA: XBRL DOCUMENT v3.8.0.1
LONG-TERM DEBT (Tables)
 9 Months Ended
Sep. 30, 2017
Debt Disclosure [Abstract]  
Schedule of Long-Term Debt Outstanding
Long-term debt outstanding as of September 30, 2017 and December 31, 2016 consisted of the following:
(In thousands)
September 30,
2017
 
December 31,
2016
Senior Secured Credit Facilities(1)
$
6,300,000

 
$
6,300,000

Receivables Based Credit Facility Due 2017(2)
365,000

 
330,000

9.0% Priority Guarantee Notes Due 2019
1,999,815

 
1,999,815

9.0% Priority Guarantee Notes Due 2021
1,750,000

 
1,750,000

11.25% Priority Guarantee Notes Due 2021
825,546

 
575,000

9.0% Priority Guarantee Notes Due 2022
1,000,000

 
1,000,000

10.625% Priority Guarantee Notes Due 2023
950,000

 
950,000

Subsidiary Revolving Credit Facility Due 2018(3)
—

 
—

Other secured subsidiary debt(4)
8,681

 
20,987

Total consolidated secured debt
13,199,042

 
12,925,802

 
 
 
 
14.0% Senior Notes Due 2021(5)
1,763,925

 
1,729,168

Legacy Notes(6)
475,000

 
475,000

10.0% Senior Notes Due 2018
96,482

 
347,028

Subsidiary Senior Notes due 2022
2,725,000

 
2,725,000

Subsidiary Senior Subordinated Notes due 2020
2,200,000

 
2,200,000

Clear Channel International B.V. Senior Notes due 2020
375,000

 
225,000

Other subsidiary debt
25,588

 
27,954

Purchase accounting adjustments and original issue discount
(142,796
)
 
(166,961
)
Long-term debt fees
(102,341
)
 
(123,003
)
Total debt
20,614,900

 
20,364,988

Less: current portion
619,003

 
342,908

Total long-term debt
$
19,995,897

 
$
20,022,080

(1)
Term Loan D and Term Loan E mature in 2019.
(2)
The Receivables Based Credit Facility, which matures December 24, 2017, provides for borrowings up to the lesser of $535.0 million (the revolving credit commitment) or the borrowing base, subject to certain limitations contained in iHeartCommunications' material financing agreements.
(3)
The Subsidiary Revolving Credit Facility provides for borrowings up to $75.0 million (the revolving credit commitment).
(4)
Other secured subsidiary debt matures at various dates from 2017 through 2045.
(5)
The 14.0% Senior Notes due 2021 are subject to required payments at various dates from 2018 through 2021. 2.0% per annum of the interest is paid through the issuance of payment-in-kind notes in the first and third quarters.
(6)
iHeartCommunications' Legacy Notes, all of which were issued prior to the acquisition of iHeartCommunications by the Company in 2008, consist of Senior Notes maturing at various dates in 2018 and 2027, as well as $57.1 million of Senior Notes due 2016 held by a subsidiary of the Company that remain outstanding but are eliminated for purposes of consolidation of the Company’s financial statements.
XML 30 R18.htm IDEA: XBRL DOCUMENT v3.8.0.1
INCOME TAXES (Tables)
 9 Months Ended
Sep. 30, 2017
Income Tax Disclosure [Abstract]  
Schedule of Components of Income Tax Expense
The Company’s income tax expense for the three and nine months ended September 30, 2017 and 2016, respectively, consisted of the following components:
(In thousands)
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2017
 
2016
 
2017
 
2016
Current tax benefit (expense)
$
7,349

 
$
(9,339
)
 
$
(37,638
)
 
$
(56,340
)
Deferred tax benefit (expense)
(9,400
)
 
3,726

 
(12,505
)
 
14,097

Income tax expense
$
(2,051
)
 
$
(5,613
)
 
$
(50,143
)
 
$
(42,243
)
XML 31 R19.htm IDEA: XBRL DOCUMENT v3.8.0.1
STOCKHOLDERS' DEFICIT (Tables)
 9 Months Ended
Sep. 30, 2017
Equity [Abstract]  
Schedule of Changes in Stockholders' Deficit
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
)
Computation of Loss Per Share
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.
XML 32 R20.htm IDEA: XBRL DOCUMENT v3.8.0.1
SEGMENT DATA (Tables)
 9 Months Ended
Sep. 30, 2017
Segment Reporting [Abstract]  
Schedule of Reportable Segment Results
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
XML 33 R21.htm IDEA: XBRL DOCUMENT v3.8.0.1
BASIS OF PRESENTATION (Detail) - USD ($)
 1 Months Ended 9 Months Ended 12 Months Ended
Nov. 08, 2017
Jul. 10, 2017
Feb. 07, 2017
Oct. 31, 2017
Sep. 30, 2017
Sep. 30, 2016
Dec. 31, 2016
Dec. 31, 2015
Mar. 31, 2018
Dec. 31, 2017
Debt Instrument [Line Items]                    
Cash and cash equivalents         $ 286,370,000 $ 542,910,000 $ 845,030,000 $ 772,678,000    
Operating income (in excess of)             1,000,000,000 $ 1,000,000,000.0    
Cash used for operating activities         558,717,000 272,578,000        
Cash paid for interest         1,426,438,000 $ 1,434,482,000        
Debt maturities in 2017         366,900,000          
Debt maturities in 2018         308,500,000          
Debt maturities in 2019         8,368,900,000          
Current portion of long-term debt         619,003,000   342,908,000      
Cash interest payments in the next 12 months         1,800,000,000          
Cash interest payment obligations         149,533,000   $ 264,170,000      
Amount of Due from iHeartCommunications Note payable to stockholders of CCOH         110,400,000          
Subsidiary                    
Debt Instrument [Line Items]                    
Cash and cash equivalents         222,400,000          
Debt maturities in 2018         277,100,000          
Receivables based credit facility                    
Debt Instrument [Line Items]                    
Excess availability under receivables based credit facility         $ 85,000,000          
11.25% Priority Guarantee Notes Due 2021                    
Debt Instrument [Line Items]                    
Stated interest rate         11.25%          
10.0% Senior Notes due 2018                    
Debt Instrument [Line Items]                    
Stated interest rate         10.00%          
Priority Guarantee Notes | 11.25% Priority Guarantee Notes Due 2021                    
Debt Instrument [Line Items]                    
Stated interest rate   11.25% 11.25%              
Aggregate principal amount of Notes issued     $ 241,400,000              
Priority Guarantee Notes | 11.25% Priority Guarantee Notes Due 2021 | Subsidiary                    
Debt Instrument [Line Items]                    
Aggregate principal amount of notes exchanged that were held by a subsidiary   $ 15,600,000                
Aggregate principal amount of Notes issued     476,400,000              
Senior Notes | 11.25% Priority Guarantee Notes Due 2021 | Subsidiary                    
Debt Instrument [Line Items]                    
Aggregate principal amount of Notes issued     $ 476,400,000              
Senior Notes | 10.0% Senior Notes due 2018                    
Debt Instrument [Line Items]                    
Stated interest rate   10.00%     10.00%          
Senior Notes | 10.0% Senior Notes due 2018 | Subsidiary                    
Debt Instrument [Line Items]                    
Aggregate principal amount of Notes issued   $ 15,600,000                
Senior Notes | 6.875% Senior Notes due June 15, 2018                    
Debt Instrument [Line Items]                    
Stated interest rate         6.875%          
Current portion of long-term debt         $ 175,000,000          
Senior Notes | 14% Senior Notes Due 2021                    
Debt Instrument [Line Items]                    
Stated interest rate         14.00%          
Subsequent Event | Priority Guarantee Notes | 11.25% Priority Guarantee Notes Due 2021                    
Debt Instrument [Line Items]                    
Stated interest rate       11.25%            
Subsequent Event | Priority Guarantee Notes | 11.25% Priority Guarantee Notes Due 2021 | Subsidiary                    
Debt Instrument [Line Items]                    
Aggregate principal amount of notes exchanged that were held by a subsidiary       $ 45,000,000            
Subsequent Event | Priority Guarantee Notes | 10.0% Senior Notes due 2018                    
Debt Instrument [Line Items]                    
Aggregate principal amount of Notes issued       $ 45,000,000            
Subsequent Event | Receivables based credit facility | Receivables based credit facility                    
Debt Instrument [Line Items]                    
Outstanding under receivables based credit facility $ 365,000,000                  
Subsequent Event | Receivables based credit facility | Receivables based credit facility | Subsidiary                    
Debt Instrument [Line Items]                    
Outstanding under receivables based credit facility 365,000,000                  
Subsequent Event | Senior Notes | 10.0% Senior Notes due 2018                    
Debt Instrument [Line Items]                    
Stated interest rate       10.00%            
Current portion of long-term debt $ 51,500,000                  
Period to refinance or extend the maturity of receivables based credit facility 12 months                  
Subsequent Event | Senior Notes | 6.875% Senior Notes due June 15, 2018                    
Debt Instrument [Line Items]                    
Current portion of long-term debt $ 175,000,000                  
Subsequent Event | Senior Notes | 14% Senior Notes Due 2021                    
Debt Instrument [Line Items]                    
Stated interest rate 14.00%                  
Current portion of long-term debt $ 24,800,000                  
Scenario, Forecast                    
Debt Instrument [Line Items]                    
Cash interest payment obligations                 $ 548,200,000 $ 344,600,000
XML 34 R22.htm IDEA: XBRL DOCUMENT v3.8.0.1
PROPERTY, PLANT AND EQUIPMENT, INTANGIBLE ASSETS AND GOODWILL - Narrative (Detail) - USD ($)
 1 Months Ended 3 Months Ended 9 Months Ended 12 Months Ended
Jan. 31, 2017
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Dec. 31, 2016
Dec. 31, 2015
Indefinite-lived Intangible Assets [Line Items]              
Indefinite-lived intangible assets in International outdoor segment   $ 2,408,184,000   $ 2,408,184,000   $ 2,413,899,000  
Impairment charges related to intangible assets   6,000,000 $ 700,000 6,000,000 $ 700,000    
Total amortization expense related to definite-lived intangible assets   49,500,000 55,600,000 148,200,000 167,700,000    
Goodwill impairment       1,591,000   7,274,000  
Disposal Groups, Including Discontinued Operations [Line Items]              
Goodwill included in intangible assets acquired   4,083,589,000   4,083,589,000   4,066,575,000 $ 4,128,887,000
Net loss on sale of ownership interest in joint venture   12,100,000          
Cumulative translation adjustment   6,300,000          
Disposed of by sale | Indianapolis, Indiana market              
Disposal Groups, Including Discontinued Operations [Line Items]              
Cash proceeds from disposal $ 43,100,000            
Net gain related to sale 28,900,000            
International Outdoor              
Indefinite-lived Intangible Assets [Line Items]              
Indefinite-lived intangible assets in International outdoor segment   0   0      
Goodwill impairment   1,600,000 $ 7,300,000 1,591,000 $ 7,300,000 7,274,000  
Disposal Groups, Including Discontinued Operations [Line Items]              
Goodwill included in intangible assets acquired   $ 194,868,000   $ 194,868,000   $ 180,849,000 $ 223,892,000
Certain assets in Atlanta, Georgia              
Disposal Groups, Including Discontinued Operations [Line Items]              
Fair value of assets acquired 39,400,000            
Fixed assets acquired 9,900,000            
Intangible assets acquired 29,500,000            
Goodwill included in intangible assets acquired $ 2,300,000            
XML 35 R23.htm IDEA: XBRL DOCUMENT v3.8.0.1
PROPERTY, PLANT AND EQUIPMENT, INTANGIBLE ASSETS AND GOODWILL - Schedule Of Property, Plant And Equipment (Detail) - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
Property, Plant and Equipment [Line Items]    
Property, plant and equipment, gross $ 4,524,376 $ 4,320,502
Less: accumulated depreciation 2,636,313 2,372,340
Property, plant and equipment, net 1,888,063 1,948,162
Land, buildings and improvements    
Property, Plant and Equipment [Line Items]    
Property, plant and equipment, gross 578,054 570,566
Structures    
Property, Plant and Equipment [Line Items]    
Property, plant and equipment, gross 2,807,023 2,684,673
Towers, transmitters and studio equipment    
Property, Plant and Equipment [Line Items]    
Property, plant and equipment, gross 356,222 350,760
Furniture and other equipment    
Property, Plant and Equipment [Line Items]    
Property, plant and equipment, gross 689,227 622,848
Construction in progress    
Property, Plant and Equipment [Line Items]    
Property, plant and equipment, gross $ 93,850 $ 91,655
XML 36 R24.htm IDEA: XBRL DOCUMENT v3.8.0.1
PROPERTY, PLANT AND EQUIPMENT, INTANGIBLE ASSETS AND GOODWILL - Schedule Of Gross Carrying Amount and Accumulated Amortization for Other Intangible Assets (Detail) - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
Finite-Lived Intangible Assets [Line Items]    
Gross Carrying Amount $ 2,935,573 $ 2,909,230
Accumulated Amortization (2,339,286) (2,168,722)
Transit, street furniture and other outdoor contractual rights    
Finite-Lived Intangible Assets [Line Items]    
Gross Carrying Amount 587,099 563,863
Accumulated Amortization (469,982) (426,752)
Customer / advertiser relationships    
Finite-Lived Intangible Assets [Line Items]    
Gross Carrying Amount 1,222,518 1,222,519
Accumulated Amortization (1,103,001) (1,012,380)
Talent contracts    
Finite-Lived Intangible Assets [Line Items]    
Gross Carrying Amount 319,384 319,384
Accumulated Amortization (292,932) (281,060)
Representation contracts    
Finite-Lived Intangible Assets [Line Items]    
Gross Carrying Amount 253,350 253,511
Accumulated Amortization (236,157) (229,413)
Permanent easements    
Finite-Lived Intangible Assets [Line Items]    
Gross Carrying Amount 162,920 159,782
Accumulated Amortization 0 0
Other    
Finite-Lived Intangible Assets [Line Items]    
Gross Carrying Amount 390,302 390,171
Accumulated Amortization $ (237,214) $ (219,117)
XML 37 R25.htm IDEA: XBRL DOCUMENT v3.8.0.1
PROPERTY, PLANT AND EQUIPMENT, INTANGIBLE ASSETS AND GOODWILL - Schedule Of Future Amortization Expense (Detail)
$ in Thousands
Sep. 30, 2017
USD ($)
Property, Plant and Equipment [Abstract]  
2018 $ 127,795
2019 44,958
2020 38,326
2021 34,815
2022 $ 30,007
XML 38 R26.htm IDEA: XBRL DOCUMENT v3.8.0.1
PROPERTY, PLANT AND EQUIPMENT, INTANGIBLE ASSETS AND GOODWILL - Schedule Of Changes In Carrying Amount Of Goodwill (Detail) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Dec. 31, 2016
Goodwill          
Beginning balance     $ 4,066,575 $ 4,128,887 $ 4,128,887
Impairment     (1,591)   (7,274)
Acquisitions     2,252    
Foreign currency     18,081   (7,049)
Ending balance $ 4,083,589   4,083,589   4,066,575
iHM          
Goodwill          
Beginning balance     3,288,481 3,288,481 3,288,481
Impairment     0   0
Acquisitions     0    
Foreign currency     0   0
Ending balance 3,288,481   3,288,481   3,288,481
Americas Outdoor Advertising          
Goodwill          
Beginning balance     515,414 534,683 534,683
Impairment     0   0
Acquisitions     2,252    
Foreign currency     654   (1,998)
Ending balance 518,409   518,409   515,414
International Outdoor Advertising          
Goodwill          
Beginning balance     180,849 223,892 223,892
Impairment (1,600) $ (7,300) (1,591) (7,300) (7,274)
Acquisitions     0    
Foreign currency     17,427   (5,051)
Ending balance 194,868   194,868   180,849
Other          
Goodwill          
Beginning balance     81,831 $ 81,831 81,831
Impairment     0   0
Acquisitions     0    
Foreign currency     0   0
Ending balance $ 81,831   81,831   81,831
Dispositions          
Goodwill          
Dispositions and assets held for sale     (1,817)   (37,652)
Dispositions | iHM          
Goodwill          
Dispositions and assets held for sale     0   0
Dispositions | Americas Outdoor Advertising          
Goodwill          
Dispositions and assets held for sale     0   (6,934)
Dispositions | International Outdoor Advertising          
Goodwill          
Dispositions and assets held for sale     (1,817)   (30,718)
Dispositions | Other          
Goodwill          
Dispositions and assets held for sale     0   0
Assets held for sale          
Goodwill          
Dispositions and assets held for sale     (89)   (10,337)
Assets held for sale | iHM          
Goodwill          
Dispositions and assets held for sale     0   0
Assets held for sale | Americas Outdoor Advertising          
Goodwill          
Dispositions and assets held for sale     (89)   (10,337)
Assets held for sale | International Outdoor Advertising          
Goodwill          
Dispositions and assets held for sale     0   0
Assets held for sale | Other          
Goodwill          
Dispositions and assets held for sale     $ 0   $ 0
XML 39 R27.htm IDEA: XBRL DOCUMENT v3.8.0.1
LONG-TERM DEBT - Schedule Of Long-Term Debt Outstanding (Detail) - USD ($)
 9 Months Ended
Sep. 30, 2017
Dec. 31, 2016
Debt Instrument [Line Items]    
Total consolidated secured debt $ 13,199,042,000 $ 12,925,802,000
Long-term Debt 20,614,900,000 20,364,988,000
Long-term debt fees (102,341,000) (123,003,000)
Less: current portion 619,003,000 342,908,000
Total long-term debt 19,995,897,000 20,022,080,000
Senior Secured Credit Facilities    
Debt Instrument [Line Items]    
Total consolidated secured debt 6,300,000,000 6,300,000,000
Receivables Based Credit Facility Due 2017    
Debt Instrument [Line Items]    
Total consolidated secured debt 365,000,000 330,000,000
Maximum borrowings provided under credit facility 535,000,000.0  
9.0% Priority Guarantee Notes Due 2019    
Debt Instrument [Line Items]    
Total consolidated secured debt $ 1,999,815,000 1,999,815,000
Stated interest rate 9.00%  
9.0% Priority Guarantee Notes Due 2021    
Debt Instrument [Line Items]    
Total consolidated secured debt $ 1,750,000,000 1,750,000,000
Stated interest rate 9.00%  
11.25% Priority Guarantee Notes Due 2021    
Debt Instrument [Line Items]    
Total consolidated secured debt $ 825,546,000 575,000,000
Stated interest rate 11.25%  
9.0% Priority Guarantee Notes Due 2022    
Debt Instrument [Line Items]    
Total consolidated secured debt $ 1,000,000,000 1,000,000,000
Stated interest rate 9.00%  
10.625% Priority Guarantee Notes Due 2023    
Debt Instrument [Line Items]    
Total consolidated secured debt $ 950,000,000 950,000,000
Stated interest rate 10.625%  
Subsidiary Revolving Credit Facility Due 2018    
Debt Instrument [Line Items]    
Total consolidated secured debt $ 0 0
Subsidiary Revolving Credit Facility Due 2018 | Revolving credit commitment    
Debt Instrument [Line Items]    
Maximum borrowings provided under credit facility 75,000,000.0  
Other secured subsidiary debt    
Debt Instrument [Line Items]    
Total consolidated secured debt 8,681,000 20,987,000
14.0% Senior Notes Due 2021    
Debt Instrument [Line Items]    
Long-term Debt $ 1,763,925,000 1,729,168,000
Stated interest rate 14.00%  
Interest paid per annum through issuance of payment-in-kind notes (as a percent) 2.00%  
Legacy Notes    
Debt Instrument [Line Items]    
Long-term Debt $ 475,000,000 475,000,000
10.0% Senior Notes Due 2018    
Debt Instrument [Line Items]    
Long-term Debt $ 96,482,000 347,028,000
Stated interest rate 10.00%  
Subsidiary Senior Notes due 2022    
Debt Instrument [Line Items]    
Long-term Debt $ 2,725,000,000 2,725,000,000
Subsidiary Senior Subordinated Notes due 2020    
Debt Instrument [Line Items]    
Long-term Debt 2,200,000,000 2,200,000,000
Clear Channel International B.V. Senior Notes due 2020    
Debt Instrument [Line Items]    
Long-term Debt 375,000,000 225,000,000
Other subsidiary debt    
Debt Instrument [Line Items]    
Long-term Debt 25,588,000 27,954,000
Purchase accounting adjustments and original issue discount    
Debt Instrument [Line Items]    
Long-term Debt (142,796,000) $ (166,961,000)
Senior Notes due 2016 | Legacy Notes | Subsidiary    
Debt Instrument [Line Items]    
Senior notes due 2016 $ 57,100,000  
XML 40 R28.htm IDEA: XBRL DOCUMENT v3.8.0.1
LONG-TERM DEBT - Additional Information - Narrative (Detail) - USD ($)
 1 Months Ended 9 Months Ended
Aug. 14, 2017
Jul. 31, 2017
Jul. 10, 2017
Feb. 07, 2017
Jan. 31, 2017
Oct. 31, 2017
Sep. 30, 2017
Sep. 30, 2016
Dec. 31, 2016
Debt Disclosure [Abstract]                  
Weighted average interest rate             8.70%   8.50%
Aggregate market value of debt             $ 15,800,000,000   $ 16,700,000,000
Line of Credit Facility [Line Items]                  
Borrowings repaid under receivables based credit facility             25,909,000 $ 1,728,000  
Additional borrowed on receivables based credit facility             $ 60,000,000 $ 0  
11.25% Priority Guarantee Notes Due 2021                  
Line of Credit Facility [Line Items]                  
Stated interest rate             11.25%    
11.25% Priority Guarantee Notes Due 2021 | Priority Guarantee Notes                  
Line of Credit Facility [Line Items]                  
Aggregate principal amount of Notes issued       $ 241,400,000          
Stated interest rate     11.25% 11.25%          
10.0% Senior Notes Due 2018                  
Line of Credit Facility [Line Items]                  
Stated interest rate             10.00%    
10.0% Senior Notes Due 2018 | Senior Notes                  
Line of Credit Facility [Line Items]                  
Stated interest rate     10.00%       10.00%    
Clear Channel International B.V. Senior Notes Due 2020 | Senior Notes                  
Line of Credit Facility [Line Items]                  
Stated interest rate 8.75%                
Subsequent Event | 11.25% Priority Guarantee Notes Due 2021 | Priority Guarantee Notes                  
Line of Credit Facility [Line Items]                  
Stated interest rate           11.25%      
Subsequent Event | 10.0% Senior Notes Due 2018 | Priority Guarantee Notes                  
Line of Credit Facility [Line Items]                  
Aggregate principal amount of Notes issued           $ 45,000,000      
Subsequent Event | 10.0% Senior Notes Due 2018 | Senior Notes                  
Line of Credit Facility [Line Items]                  
Stated interest rate           10.00%      
Subsidiary | Receivables based credit facility | Receivables based credit facility                  
Line of Credit Facility [Line Items]                  
Borrowings repaid under receivables based credit facility         $ 25,000,000        
Additional borrowed on receivables based credit facility   $ 60,000,000              
Outstanding borrowings under facility             $ 365,000,000    
Subsidiary | 11.25% Priority Guarantee Notes Due 2021 | Priority Guarantee Notes                  
Line of Credit Facility [Line Items]                  
Aggregate principal amount of Notes issued       $ 476,400,000          
Aggregate principal amount of notes exchanged that were held by a subsidiary     $ 15,600,000            
Subsidiary | 11.25% Priority Guarantee Notes Due 2021 | Senior Notes                  
Line of Credit Facility [Line Items]                  
Aggregate principal amount of Notes issued       476,400,000          
Subsidiary | 10.0% Senior Notes Due 2018 | Senior Notes                  
Line of Credit Facility [Line Items]                  
Aggregate principal amount of Notes issued     $ 15,600,000            
Aggregate principal amount of Notes exchanged       $ 476,400,000          
Subsidiary | Subsequent Event | 11.25% Priority Guarantee Notes Due 2021 | Priority Guarantee Notes                  
Line of Credit Facility [Line Items]                  
Aggregate principal amount of notes exchanged that were held by a subsidiary           $ 45,000,000      
Clear Channel International B.V. | Clear Channel International B.V. Senior Notes Due 2020 | Senior Notes                  
Line of Credit Facility [Line Items]                  
Debt instrument, face amount $ 150,000,000.0                
Proceeds from issuance of senior notes $ 156,000,000                
XML 41 R29.htm IDEA: XBRL DOCUMENT v3.8.0.1
LONG-TERM DEBT - Surety Bonds, Letters of Credit and Guarantees - Narrative (Detail)
$ in Millions
Sep. 30, 2017
USD ($)
Surety bonds  
Guarantor Obligations [Line Items]  
Guarantees obligations $ 72.1
Commercial standby letters of credit  
Guarantor Obligations [Line Items]  
Guarantees obligations 144.5
Bank guarantees  
Guarantor Obligations [Line Items]  
Guarantees obligations 36.6
Bank guarantees backed by cash collateral  
Guarantor Obligations [Line Items]  
Guarantees obligations 17.3
Letters of credit backed by cash collateral  
Guarantor Obligations [Line Items]  
Guarantees obligations $ 28.8
XML 42 R30.htm IDEA: XBRL DOCUMENT v3.8.0.1
INCOME TAXES - Schedule of Components of Income Tax Expense (Detail) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Income Tax Disclosure [Abstract]        
Current tax benefit (expense) $ 7,349 $ (9,339) $ (37,638) $ (56,340)
Deferred tax benefit (expense) (9,400) 3,726 (12,505) 14,097
Income tax expense $ (2,051) $ (5,613) $ (50,143) $ (42,243)
XML 43 R31.htm IDEA: XBRL DOCUMENT v3.8.0.1
INCOME TAXES - Narrative (Detail)
 3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Income Tax Disclosure [Abstract]        
Effective tax rates (0.80%) (24.50%) (6.70%) (13.20%)
XML 44 R32.htm IDEA: XBRL DOCUMENT v3.8.0.1
STOCKHOLDERS' DEFICIT - Schedule of Changes in Stockholders' Deficit (Detail) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Increase (Decrease) in Stockholders' Equity        
Beginning Balances     $ (10,885,475) $ (10,606,681)
Net income (loss) $ (246,184) $ (28,530) (801,781) (363,447)
Dividends declared and other payments to noncontrolling interests     (43,540) (74,542)
Share-based compensation     9,020 10,350
Purchase of additional noncontrolling interests     (953)  
Disposal of noncontrolling interest     (2,438)  
Foreign currency translation adjustments 13,010 7,356 44,665 43,797
Unrealized holding gain (loss) on marketable securities (320) (290) (218) (635)
Reclassification adjustments 6,207 0 4,563 32,823
Other adjustments to comprehensive loss 0 193 0 (3,551)
Other, net     (1,558) (894)
Ending Balances (11,677,715) (10,962,780) (11,677,715) (10,962,780)
The Company        
Increase (Decrease) in Stockholders' Equity        
Beginning Balances     (11,021,253) (10,784,841)
Net income (loss)     (810,429) (402,397)
Dividends declared and other payments to noncontrolling interests     0 0
Share-based compensation     1,867 2,159
Purchase of additional noncontrolling interests     (378)  
Disposal of noncontrolling interest     0  
Foreign currency translation adjustments     34,785 40,914
Unrealized holding gain (loss) on marketable securities     (195) (571)
Reclassification adjustments     4,078 28,919
Other adjustments to comprehensive loss       (3,193)
Other, net     (323) (1,389)
Ending Balances (11,791,848) (11,120,399) (11,791,848) (11,120,399)
Noncontrolling Interests        
Increase (Decrease) in Stockholders' Equity        
Beginning Balances     135,778 178,160
Net income (loss)     8,648 38,950
Dividends declared and other payments to noncontrolling interests     (43,540) (74,542)
Share-based compensation     7,153 8,191
Purchase of additional noncontrolling interests     (575)  
Disposal of noncontrolling interest     (2,438)  
Foreign currency translation adjustments     9,880 2,883
Unrealized holding gain (loss) on marketable securities     (23) (64)
Reclassification adjustments     485 3,904
Other adjustments to comprehensive loss       (358)
Other, net     (1,235) 495
Ending Balances $ 114,133 $ 157,619 $ 114,133 $ 157,619
XML 45 R33.htm IDEA: XBRL DOCUMENT v3.8.0.1
STOCKHOLDERS' DEFICIT - COMPUTATION OF LOSS PER SHARE (Detail) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 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 85,072 84,650 84,900 84,510
Net loss attributable to the Company per common share:        
Basic (in dollars per share) $ (2.92) $ (0.41) $ (9.55) $ (4.76)
Diluted (in dollars per share) $ (2.92) $ (0.41) $ (9.55) $ (4.76)
Outstanding equity awards excluded from computation of diluted earnings per share (in shares) 8,500 8,000 8,500 8,000
XML 46 R34.htm IDEA: XBRL DOCUMENT v3.8.0.1
OTHER INFORMATION (Detail) - USD ($)
 3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Other Income and Expenses [Abstract]        
Change in deferred income tax liabilities $ 0 $ 100,000 $ 0 $ (700,000)
Segment Reporting Information [Line Items]        
Trade and barter revenues 49,100,000 30,200,000 161,700,000 105,700,000
Trade and barter expenses 36,600,000 23,200,000 129,200,000 81,800,000
Other than temporary loss on investments 1,600,000 14,500,000    
iHeartMedia segment        
Segment Reporting Information [Line Items]        
Trade and barter revenues 45,900,000 26,000,000 149,200,000 98,000,000
Trade and barter expenses $ 32,200,000 $ 21,000,000 $ 118,700,000 $ 75,400,000
XML 47 R35.htm IDEA: XBRL DOCUMENT v3.8.0.1
SEGMENT DATA (Detail) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Segment Reporting Information [Line Items]        
Revenue $ 1,537,416 $ 1,566,582 $ 4,457,106 $ 4,542,852
Direct operating expenses 621,895 591,740 1,807,534 1,771,590
Selling, general and administrative expenses 438,654 421,700 1,336,563 1,281,849
Corporate expenses 77,967 86,832 233,487 252,348
Depreciation and amortization 149,749 158,453 443,650 476,053
Impairment charges 7,631 8,000 7,631 8,000
Other operating income, net (13,215) (505) 24,785 219,768
Operating income (loss) 228,305 299,352 653,026 972,780
Capital expenditures 48,324 77,333 184,944 201,038
Share-based compensation expense 3,539 3,484 9,020 10,350
Operating segments | iHM        
Segment Reporting Information [Line Items]        
Revenue 859,531 857,099 2,501,084 2,463,899
Direct operating expenses 265,795 229,668 773,327 704,097
Selling, general and administrative expenses 287,676 268,612 894,669 812,344
Corporate expenses 0 0 0 0
Depreciation and amortization 58,089 60,691 174,946 182,506
Impairment charges 0 0 0 0
Other operating income, net 0 0 0 0
Operating income (loss) 247,971 298,128 658,142 764,952
Capital expenditures 14,009 23,238 44,353 46,303
Share-based compensation expense 0 0 0 0
Operating segments | Americas Outdoor        
Segment Reporting Information [Line Items]        
Revenue 316,587 322,997 919,967 931,058
Direct operating expenses 141,609 142,989 427,181 421,039
Selling, general and administrative expenses 54,689 54,500 165,538 167,660
Corporate expenses 0 0 0 0
Depreciation and amortization 47,035 47,242 137,689 140,883
Impairment charges 0 0 0 0
Other operating income, net 0 0 0 0
Operating income (loss) 73,254 78,266 189,559 201,476
Capital expenditures 5,118 19,114 48,749 47,808
Share-based compensation expense 0 0 0 0
Operating segments | International Outdoor        
Segment Reporting Information [Line Items]        
Revenue 328,502 346,224 942,167 1,035,263
Direct operating expenses 214,491 219,261 607,023 645,199
Selling, general and administrative expenses 73,708 71,664 204,531 220,872
Corporate expenses 0 0 0 0
Depreciation and amortization 32,886 37,018 95,149 113,075
Impairment charges 0 0 0 0
Other operating income, net 0 0 0 0
Operating income (loss) 7,417 18,281 35,464 56,117
Capital expenditures 26,211 30,803 83,851 97,487
Share-based compensation expense 0 0 0 0
Operating segments | Other        
Segment Reporting Information [Line Items]        
Revenue 34,452 41,414 99,332 114,663
Direct operating expenses 0 (178) 3 1,255
Selling, general and administrative expenses 23,298 27,466 74,519 82,394
Corporate expenses 0 0 0 0
Depreciation and amortization 3,893 4,483 11,097 12,809
Impairment charges 0 0 0 0
Other operating income, net 0 0 0 0
Operating income (loss) 7,261 9,643 13,713 18,205
Capital expenditures 184 582 551 1,758
Share-based compensation expense 0 0 0 0
Corporate and other reconciling items        
Segment Reporting Information [Line Items]        
Revenue 0 0 0 0
Direct operating expenses 0 0 0 0
Selling, general and administrative expenses 0 0 0 0
Corporate expenses 78,906 87,442 236,237 252,958
Depreciation and amortization 7,846 9,019 24,769 26,780
Impairment charges 7,631 8,000 7,631 8,000
Other operating income, net (13,215) (505) 24,785 219,768
Operating income (loss) (107,598) (104,966) (243,852) (67,970)
Capital expenditures 2,802 3,596 7,440 7,682
Share-based compensation expense 3,539 3,484 9,020 10,350
Eliminations        
Segment Reporting Information [Line Items]        
Revenue (1,656) (1,152) (5,444) (2,031)
Direct operating expenses 0 0 0 0
Selling, general and administrative expenses (717) (542) (2,694) (1,421)
Corporate expenses (939) (610) (2,750) (610)
Depreciation and amortization 0 0 0 0
Impairment charges 0 0 0 0
Other operating income, net 0 0 0 0
Operating income (loss) 0 0 0 0
Capital expenditures 0 0 0 0
Share-based compensation expense 0 0 0 0
Intersegment revenues        
Segment Reporting Information [Line Items]        
Revenue 1,656 1,152 5,444 2,031
Intersegment revenues | iHM        
Segment Reporting Information [Line Items]        
Revenue 0 0 0 0
Intersegment revenues | Americas Outdoor        
Segment Reporting Information [Line Items]        
Revenue 1,656 1,152 5,444 2,031
Intersegment revenues | International Outdoor        
Segment Reporting Information [Line Items]        
Revenue $ 0 $ 0 $ 0 $ 0
XML 48 R36.htm IDEA: XBRL DOCUMENT v3.8.0.1
CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS (Detail) - USD ($)
 3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Related Party Transactions [Abstract]        
Maximum management fees per year     $ 15,000,000.0  
Management fees and reimbursable expenses $ 3,800,000 $ 3,900,000 $ 11,400,000 $ 11,500,000
EXCEL 49 Financial_Report.xlsx IDEA: XBRL DOCUMENT begin 644 Financial_Report.xlsx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end XML 50 Show.js IDEA: XBRL DOCUMENT /** * Rivet Software Inc. * * @copyright Copyright (c) 2006-2011 Rivet Software, Inc. All rights reserved. * Version 2.4.0.3 * */ var Show = {}; Show.LastAR = null, Show.hideAR = function(){ Show.LastAR.style.display = 'none'; }; Show.showAR = function ( link, id, win ){ if( Show.LastAR ){ Show.hideAR(); } var ref = link; do { ref = ref.nextSibling; } while (ref && ref.nodeName != 'TABLE'); if (!ref || ref.nodeName != 'TABLE') { var tmp = win ? win.document.getElementById(id) : document.getElementById(id); if( tmp ){ ref = tmp.cloneNode(true); ref.id = ''; link.parentNode.appendChild(ref); } } if( ref ){ ref.style.display = 'block'; Show.LastAR = ref; } }; Show.toggleNext = function( link ){ var ref = link; do{ ref = ref.nextSibling; }while( ref.nodeName != 'DIV' ); if( ref.style && ref.style.display && ref.style.display == 'none' ){ ref.style.display = 'block'; if( link.textContent ){ link.textContent = link.textContent.replace( '+', '-' ); }else{ link.innerText = link.innerText.replace( '+', '-' ); } }else{ ref.style.display = 'none'; if( link.textContent ){ link.textContent = link.textContent.replace( '-', '+' ); }else{ link.innerText = link.innerText.replace( '-', '+' ); } } }; XML 51 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; white-space: normal; /* word-wrap: break-word; */ } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; overflow: hidden; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } XML 53 FilingSummary.xml IDEA: XBRL DOCUMENT 3.8.0.1 html 222 193 1 false 65 0 false 4 false false R1.htm 0001000 - Document - Document and Entity Information Sheet http://www.iheartmedia.com/role/DocumentAndEntityInformation Document and Entity Information Cover 1 false false R2.htm 1001000 - Statement - CONSOLIDATED BALANCE SHEETS Sheet http://www.iheartmedia.com/role/ConsolidatedBalanceSheets CONSOLIDATED BALANCE SHEETS Statements 2 false false R3.htm 1001501 - Statement - CONSOLIDATED BALANCE SHEETS (Parenthetical) Sheet http://www.iheartmedia.com/role/ConsolidatedBalanceSheetsParenthetical CONSOLIDATED BALANCE SHEETS (Parenthetical) Statements 3 false false R4.htm 1002000 - Statement - CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS Sheet http://www.iheartmedia.com/role/ConsolidatedStatementsOfComprehensiveLoss CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS Statements 4 false false R5.htm 1004000 - Statement - CONSOLIDATED STATEMENTS OF CASH FLOWS Sheet http://www.iheartmedia.com/role/ConsolidatedStatementsOfCashFlows CONSOLIDATED STATEMENTS OF CASH FLOWS Statements 5 false false R6.htm 2101100 - Disclosure - BASIS OF PRESENTATION Sheet http://www.iheartmedia.com/role/BasisOfPresentation BASIS OF PRESENTATION Notes 6 false false R7.htm 2102100 - Disclosure - PROPERTY, PLANT AND EQUIPMENT, INTANGIBLE ASSETS AND GOODWILL Sheet http://www.iheartmedia.com/role/PropertyPlantAndEquipmentIntangibleAssetsAndGoodwill PROPERTY, PLANT AND EQUIPMENT, INTANGIBLE ASSETS AND GOODWILL Notes 7 false false R8.htm 2105100 - Disclosure - LONG-TERM DEBT Sheet http://www.iheartmedia.com/role/LongTermDebt LONG-TERM DEBT Notes 8 false false R9.htm 2108100 - Disclosure - COMMITMENTS AND CONTINGENCIES Sheet http://www.iheartmedia.com/role/CommitmentsAndContingencies COMMITMENTS AND CONTINGENCIES Notes 9 false false R10.htm 2115100 - Disclosure - INCOME TAXES Sheet http://www.iheartmedia.com/role/IncomeTaxes INCOME TAXES Notes 10 false false R11.htm 2116100 - Disclosure - STOCKHOLDERS' DEFICIT Sheet http://www.iheartmedia.com/role/StockholdersDeficit STOCKHOLDERS' DEFICIT Notes 11 false false R12.htm 2119100 - Disclosure - OTHER INFORMATION Sheet http://www.iheartmedia.com/role/OtherInformation OTHER INFORMATION Notes 12 false false R13.htm 2120100 - Disclosure - SEGMENT DATA Sheet http://www.iheartmedia.com/role/SegmentData SEGMENT DATA Notes 13 false false R14.htm 2122100 - Disclosure - CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS Sheet http://www.iheartmedia.com/role/CertainRelationshipsAndRelatedPartyTransactions CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS Notes 14 false false R15.htm 2201201 - Disclosure - BASIS OF PRESENTATION (Policies) Sheet http://www.iheartmedia.com/role/BasisOfPresentationPolicies BASIS OF PRESENTATION (Policies) Policies 15 false false R16.htm 2302301 - Disclosure - PROPERTY, PLANT AND EQUIPMENT, INTANGIBLE ASSETS AND GOODWILL (Tables) Sheet http://www.iheartmedia.com/role/PropertyPlantAndEquipmentIntangibleAssetsAndGoodwillTables PROPERTY, PLANT AND EQUIPMENT, INTANGIBLE ASSETS AND GOODWILL (Tables) Tables http://www.iheartmedia.com/role/PropertyPlantAndEquipmentIntangibleAssetsAndGoodwill 16 false false R17.htm 2305301 - Disclosure - LONG-TERM DEBT (Tables) Sheet http://www.iheartmedia.com/role/LongTermDebtTables LONG-TERM DEBT (Tables) Tables http://www.iheartmedia.com/role/LongTermDebt 17 false false R18.htm 2315301 - Disclosure - INCOME TAXES (Tables) Sheet http://www.iheartmedia.com/role/IncomeTaxesTables INCOME TAXES (Tables) Tables http://www.iheartmedia.com/role/IncomeTaxes 18 false false R19.htm 2316301 - Disclosure - STOCKHOLDERS' DEFICIT (Tables) Sheet http://www.iheartmedia.com/role/StockholdersDeficitTables STOCKHOLDERS' DEFICIT (Tables) Tables http://www.iheartmedia.com/role/StockholdersDeficit 19 false false R20.htm 2320301 - Disclosure - SEGMENT DATA (Tables) Sheet http://www.iheartmedia.com/role/SegmentDataTables SEGMENT DATA (Tables) Tables http://www.iheartmedia.com/role/SegmentData 20 false false R21.htm 2401402 - Disclosure - BASIS OF PRESENTATION (Detail) Sheet http://www.iheartmedia.com/role/BasisOfPresentationDetail BASIS OF PRESENTATION (Detail) Details http://www.iheartmedia.com/role/BasisOfPresentationPolicies 21 false false R22.htm 2402402 - Disclosure - PROPERTY, PLANT AND EQUIPMENT, INTANGIBLE ASSETS AND GOODWILL - Narrative (Detail) Sheet http://www.iheartmedia.com/role/PropertyPlantAndEquipmentIntangibleAssetsAndGoodwillNarrativeDetail PROPERTY, PLANT AND EQUIPMENT, INTANGIBLE ASSETS AND GOODWILL - Narrative (Detail) Details http://www.iheartmedia.com/role/PropertyPlantAndEquipmentIntangibleAssetsAndGoodwillTables 22 false false R23.htm 2402403 - Disclosure - PROPERTY, PLANT AND EQUIPMENT, INTANGIBLE ASSETS AND GOODWILL - Schedule Of Property, Plant And Equipment (Detail) Sheet http://www.iheartmedia.com/role/PropertyPlantAndEquipmentIntangibleAssetsAndGoodwillScheduleOfPropertyPlantAndEquipmentDetail PROPERTY, PLANT AND EQUIPMENT, INTANGIBLE ASSETS AND GOODWILL - Schedule Of Property, Plant And Equipment (Detail) Details 23 false false R24.htm 2402404 - Disclosure - PROPERTY, PLANT AND EQUIPMENT, INTANGIBLE ASSETS AND GOODWILL - Schedule Of Gross Carrying Amount and Accumulated Amortization for Other Intangible Assets (Detail) Sheet http://www.iheartmedia.com/role/PropertyPlantAndEquipmentIntangibleAssetsAndGoodwillScheduleOfGrossCarryingAmountAndAccumulatedAmortizationForOtherIntangibleAssetsDetail PROPERTY, PLANT AND EQUIPMENT, INTANGIBLE ASSETS AND GOODWILL - Schedule Of Gross Carrying Amount and Accumulated Amortization for Other Intangible Assets (Detail) Details 24 false false R25.htm 2402405 - Disclosure - PROPERTY, PLANT AND EQUIPMENT, INTANGIBLE ASSETS AND GOODWILL - Schedule Of Future Amortization Expense (Detail) Sheet http://www.iheartmedia.com/role/PropertyPlantAndEquipmentIntangibleAssetsAndGoodwillScheduleOfFutureAmortizationExpenseDetail PROPERTY, PLANT AND EQUIPMENT, INTANGIBLE ASSETS AND GOODWILL - Schedule Of Future Amortization Expense (Detail) Details 25 false false R26.htm 2402406 - Disclosure - PROPERTY, PLANT AND EQUIPMENT, INTANGIBLE ASSETS AND GOODWILL - Schedule Of Changes In Carrying Amount Of Goodwill (Detail) Sheet http://www.iheartmedia.com/role/PropertyPlantAndEquipmentIntangibleAssetsAndGoodwillScheduleOfChangesInCarryingAmountOfGoodwillDetail PROPERTY, PLANT AND EQUIPMENT, INTANGIBLE ASSETS AND GOODWILL - Schedule Of Changes In Carrying Amount Of Goodwill (Detail) Details 26 false false R27.htm 2405402 - Disclosure - LONG-TERM DEBT - Schedule Of Long-Term Debt Outstanding (Detail) Sheet http://www.iheartmedia.com/role/LongTermDebtScheduleOfLongTermDebtOutstandingDetail LONG-TERM DEBT - Schedule Of Long-Term Debt Outstanding (Detail) Details 27 false false R28.htm 2405403 - Disclosure - LONG-TERM DEBT - Additional Information - Narrative (Detail) Sheet http://www.iheartmedia.com/role/LongTermDebtAdditionalInformationNarrativeDetail LONG-TERM DEBT - Additional Information - Narrative (Detail) Details 28 false false R29.htm 2405404 - Disclosure - LONG-TERM DEBT - Surety Bonds, Letters of Credit and Guarantees - Narrative (Detail) Sheet http://www.iheartmedia.com/role/LongTermDebtSuretyBondsLettersOfCreditAndGuaranteesNarrativeDetail LONG-TERM DEBT - Surety Bonds, Letters of Credit and Guarantees - Narrative (Detail) Details 29 false false R30.htm 2415402 - Disclosure - INCOME TAXES - Schedule of Components of Income Tax Expense (Detail) Sheet http://www.iheartmedia.com/role/IncomeTaxesScheduleOfComponentsOfIncomeTaxExpenseDetail INCOME TAXES - Schedule of Components of Income Tax Expense (Detail) Details 30 false false R31.htm 2415403 - Disclosure - INCOME TAXES - Narrative (Detail) Sheet http://www.iheartmedia.com/role/IncomeTaxesNarrativeDetail INCOME TAXES - Narrative (Detail) Details 31 false false R32.htm 2416402 - Disclosure - STOCKHOLDERS' DEFICIT - Schedule of Changes in Stockholders' Deficit (Detail) Sheet http://www.iheartmedia.com/role/StockholdersDeficitScheduleOfChangesInStockholdersDeficitDetail STOCKHOLDERS' DEFICIT - Schedule of Changes in Stockholders' Deficit (Detail) Details 32 false false R33.htm 2416403 - Disclosure - STOCKHOLDERS' DEFICIT - COMPUTATION OF LOSS PER SHARE (Detail) Sheet http://www.iheartmedia.com/role/StockholdersDeficitComputationOfLossPerShareDetail STOCKHOLDERS' DEFICIT - COMPUTATION OF LOSS PER SHARE (Detail) Details 33 false false R34.htm 2419401 - Disclosure - OTHER INFORMATION (Detail) Sheet http://www.iheartmedia.com/role/OtherInformationDetail OTHER INFORMATION (Detail) Details http://www.iheartmedia.com/role/OtherInformation 34 false false R35.htm 2420402 - Disclosure - SEGMENT DATA (Detail) Sheet http://www.iheartmedia.com/role/SegmentDataDetail SEGMENT DATA (Detail) Details http://www.iheartmedia.com/role/SegmentDataTables 35 false false R36.htm 2422401 - Disclosure - CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS (Detail) Sheet http://www.iheartmedia.com/role/CertainRelationshipsAndRelatedPartyTransactionsDetail CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS (Detail) Details http://www.iheartmedia.com/role/CertainRelationshipsAndRelatedPartyTransactions 36 false false All Reports Book All Reports ihrt-20170930.xml ihrt-20170930.xsd ihrt-20170930_cal.xml ihrt-20170930_def.xml ihrt-20170930_lab.xml ihrt-20170930_pre.xml http://fasb.org/us-gaap/2016-01-31 http://xbrl.sec.gov/dei/2014-01-31 true true ZIP 55 0001400891-17-000040-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0001400891-17-000040-xbrl.zip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ɶ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