XML 50 R4.htm IDEA: XBRL DOCUMENT v3.20.1
Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Revenues:    
Billboard $ 270.9 $ 251.0
Transit and other 114.4 120.7
Total revenues 385.3 371.7
Expenses:    
Operating 224.8 216.9
Selling, general and administrative 79.5 73.3
Restructuring charges 0.0 0.3
Net gain on dispositions (0.1) (1.5)
Depreciation 21.0 21.1
Amortization 26.3 24.7
Total expenses 351.5 334.8
Operating income 33.8 36.9
Interest expense, net (29.8) (32.7)
Other income, net 0.2 0.1
Income before benefit for income taxes and equity in earnings of investee companies 4.2 4.3
Benefit for income taxes 1.7 1.0
Equity in earnings of investee companies, net of tax 0.4 0.8
Net income before allocation to non-controlling interests 6.3 6.1
Net income attributable to non-controlling interests 0.2 0.0
Net income attributable to OUTFRONT Media Inc. $ 6.1 $ 6.1
Net income per common share:    
Basic (in dollars per share) $ 0.04 $ 0.04
Diluted (in dollars per share) $ 0.04 $ 0.04
Weighted average shares outstanding:    
Basic (in shares) 143.9 140.7
Diluted (in shares) 144.7 141.1