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Consolidated Statements Of Comprehensive Income (Loss) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Consolidated Statements Of Comprehensive Income (Loss)        
Revenue $ 761,326 $ 789,208 $ 1,412,609 $ 1,439,422
Operating expenses:        
Direct operating expenses (excludes depreciation and amortization) 406,895 415,472 800,948 806,852
Selling, general and admin expenses (excludes depreciation and amortization) 132,285 142,937 285,434 266,117
Corporate expenses (excludes depreciation and amortization) 27,838 23,038 52,148 45,021
Depreciation and amortization 99,668 105,600 192,005 207,930
Other operating income - net 2,746 4,300 6,749 9,102
Operating income 97,386 106,461 88,823 122,604
Interest expense 102,953 60,803 170,784 121,786
Interest income on Due from Clear Channel Communications 16,089 10,518 32,069 19,571
Equity in earnings (loss) of nonconsolidated affiliates (157) 673 264 602
Other income (expense) - net (1,631) (277) (2,125) 2,834
Income (loss) before income taxes 8,734 56,572 (51,753) 23,825
Income tax benefit (expense) (8,082) (22,360) 7,212 (5)
Consolidated net income (loss) 652 34,212 (44,541) 23,820
Less amount attributable to noncontrolling interest 8,768 7,517 7,445 6,666
Net income (loss) attributable to the Company (8,116) 26,695 (51,986) 17,154
Other comprehensive income (loss), net of tax:        
Foreign currency translation adjustments (38,343) 28,366 (4,832) 66,385
Unrealized gain (loss) on marketable securities (279) 59 10 148
Reclassification adjustment 91 (1,949) 154 520
Other comprehensive income (loss) (38,531) 26,476 (4,668) 67,053
Comprehensive income (loss) (46,647) 53,171 (56,654) 84,207
Less: amount attributable to noncontrolling interest (1,546) 3,832 (1,735) 6,134
Comprehensive income (loss) attributable to the Company $ (45,101) $ 49,339 $ (54,919) $ 78,073
Net income (loss) attributable to the Company:        
Basic $ (0.02) $ 0.07 $ (0.17) $ 0.04
Weighted average common shares outstanding - Basic 356,944 355,883 356,655 355,839
Diluted $ (0.02) $ 0.07 $ (0.17) $ 0.04
Weighted average common shares outstanding - Diluted 356,944 356,658 356,655 356,624
Dividends declared per share $ 0 $ 0 $ 6.0832 $ 0