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Quarterly Financial Data (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Financial Information (Unaudited)
 
 
2019
(in millions)
 
First
Quarter
 
 
Second
Quarter
 
 
Third
Quarter
 
 
Fourth
Quarter
 
 
Total
Year
Revenues:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
U.S. Media
 
$
338.4

 
 
$
419.6

 
 
$
422.7

 
 
$
448.0

 
 
$
1,628.7

Other
 
33.3

 
 
40.3

 
 
39.8

 
 
40.1

 
 
153.5

Total revenues
 
$
371.7

 
 
$
459.9

 
 
$
462.5

 
 
$
488.1

 
 
$
1,782.2

Adjusted OIBDA:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
U.S. Media
 
$
94.6

 
 
$
145.8

 
 
$
147.3

 
 
$
158.6

 
 
$
546.3

Other
 
1.2

 
 
8.8

 
 
4.3

 
 
7.8

 
 
22.1

Corporate
 
(9.0
)
 
 
(11.0
)
 
 
(11.3
)
 
 
(14.7
)
 
 
(46.0
)
Total Adjusted OIBDA
 
86.8

 
 
143.6

 
 
140.3

 
 
151.7

 
 
522.4

Restructuring charges
 
(0.3
)
 
 

 
 

 
 

 
 
(0.3
)
Net gain (loss) on dispositions
 
1.5

 
 
(0.4
)
 
 
1.9

 
 
0.8

 
 
3.8

Depreciation
 
(21.1
)
 
 
(21.4
)
 
 
(22.4
)
 
 
(22.4
)
 
 
(87.3
)
Amortization
 
(24.7
)
 
 
(27.6
)
 
 
(28.7
)
 
 
(26.2
)
 
 
(107.2
)
Stock-based compensation
 
(5.3
)
 
 
(5.5
)
 
 
(5.6
)
 
 
(5.9
)
 
 
(22.3
)
Total operating income
 
$
36.9

 
 
$
88.7

 
 
$
85.5

 
 
$
98.0

 
 
$
309.1

Operating income (loss):
 
 
 
 
 
 
 
 
 
 
 
 
 
 
U.S. Media
 
$
55.5

 
 
$
101.9

 
 
$
103.1

 
 
$
115.8

 
 
$
376.3

Other
 
(4.0
)
 
 
3.3

 
 
(0.7
)
 
 
2.8

 
 
1.4

Corporate
 
(14.6
)
 
 
(16.5
)
 
 
(16.9
)
 
 
(20.6
)
 
 
(68.6
)
Total operating income
 
$
36.9

 
 
$
88.7

 
 
$
85.5

 
 
$
98.0

 
 
$
309.1

Net income attributable to OUTFRONT Media Inc.
 
$
6.1

 
 
$
50.3

 
 
$
38.7

 
 
$
45.0

 
 
$
140.1

Net income attributable to OUTFRONT Media Inc. per common share:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic
 
$
0.04

 
 
$
0.35

 
 
$
0.27

 
 
$
0.31

 
 
$
0.97

Diluted
 
$
0.04

 
 
$
0.35

 
 
$
0.27

 
 
$
0.31

 
 
$
0.97



 
 
2018
(in millions)
 
First
Quarter
 
 
Second
Quarter
 
 
Third
Quarter
 
 
Fourth
Quarter
 
 
Total
Year
Revenues:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
U.S. Media
 
$
309.9

 
 
$
367.2

 
 
$
379.7

 
 
$
410.0

 
 
$
1,466.8

Other
 
28.0

 
 
34.5

 
 
34.5

 
 
42.4

 
 
139.4

Total revenues
 
$
337.9

 
 
$
401.7

 
 
$
414.2

 
 
$
452.4

 
 
$
1,606.2

Adjusted OIBDA:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
U.S. Media
 
$
88.9

 
 
$
131.2

 
 
$
136.2

 
 
$
143.9

 
 
$
500.2

Other
 
(0.8
)
 
 
4.2

 
 
4.2

 
 
9.7

 
 
17.3

Corporate
 
(6.9
)
 
 
(10.2
)
 
 
(11.1
)
 
 
(9.8
)
 
 
(38.0
)
Total Adjusted OIBDA
 
81.2

 
 
125.2

 
 
129.3

 
 
143.8

 
 
479.5

Restructuring charges
 
(1.1
)
 
 
(0.2
)
 
 
(0.1
)
 
 
(0.7
)
 
 
(2.1
)
Net gain on dispositions
 
0.2

 
 
2.7

 
 
1.3

 
 
1.3

 
 
5.5

Impairment charge
 

 
 
(42.9
)
(a)
 

 
 

 
 
(42.9
)
Depreciation
 
(21.1
)
 
 
(21.3
)
 
 
(21.0
)
 
 
(22.5
)
 
 
(85.9
)
Amortization
 
(22.5
)
 
 
(25.0
)
 
 
(25.8
)
 
 
(25.8
)
 
 
(99.1
)
Stock-based compensation
 
(5.0
)
 
 
(5.6
)
 
 
(4.8
)
 
 
(4.8
)
 
 
(20.2
)
Total operating income
 
$
31.7

 
 
$
32.9

 
 
$
78.9

 
 
$
91.3

 
 
$
234.8

Operating income (loss):
 
 
 
 
 
 
 
 
 
 
 
 
 
 
U.S. Media
 
$
50.6

 
 
$
93.8

 
 
$
96.0

 
 
$
102.4

 
 
$
342.8

Other
 
(7.0
)
 
 
(45.1
)
 
 
(1.2
)
 
 
3.9

 
 
(49.4
)
Corporate
 
(11.9
)
 
 
(15.8
)
 
 
(15.9
)
 
 
(15.0
)
 
 
(58.6
)
Total operating income
 
$
31.7

 
 
$
32.9

 
 
$
78.9

 
 
$
91.3

 
 
$
234.8

Net income (loss) attributable to OUTFRONT Media Inc.
 
$
9.1

 
 
$
(5.2
)
 
 
$
46.8

 
 
$
57.2

 
 
$
107.9

Net income (loss) attributable to OUTFRONT Media Inc. per common share:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic
 
$
0.06

 
 
$
(0.04
)
 
 
$
0.33

 
 
$
0.40

 
 
$
0.76

Diluted
 
$
0.06

 
 
$
(0.04
)
 
 
$
0.33

 
 
$
0.40

 
 
$
0.75