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Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Revenues:        
Billboard $ 188.5 $ 305.8 $ 459.4 $ 556.8
Transit and other 44.4 154.1 158.8 274.8
Total revenues 232.9 459.9 618.2 831.6
Expenses:        
Operating 154.0 240.3 378.8 457.2
Selling, general and administrative 62.4 81.5 141.9 154.8
Restructuring charges 4.7 0.0 4.7 0.3
Net (gain) loss on dispositions (5.2) 0.4 (5.3) (1.1)
Depreciation 21.2 21.4 42.2 42.5
Amortization 21.7 27.6 48.0 52.3
Total expenses 258.8 371.2 610.3 706.0
Operating income (loss) (25.9) 88.7 7.9 125.6
Interest expense, net (33.3) (33.9) (63.1) (66.6)
Other income, net 0.0 0.0 0.2 0.1
Income (loss) before benefit (provision) for income taxes and equity in earnings of investee companies (59.2) 54.8 (55.0) 59.1
Benefit (provision) for income taxes 1.5 (6.2) 3.2 (5.2)
Equity in earnings of investee companies, net of tax (0.3) 1.7 0.1 2.5
Net income (loss) before allocation to non-controlling interests (58.0) 50.3 (51.7) 56.4
Net income (loss) attributable to non-controlling interests (0.1) 0.0 0.1 0.0
Net income (loss) attributable to OUTFRONT Media Inc. $ (57.9) $ 50.3 $ (51.8) $ 56.4
Net income (loss) per common share:        
Basic (in dollars per share) $ (0.44) $ 0.35 $ (0.40) $ 0.39
Diluted (in dollars per share) $ (0.44) $ 0.35 $ (0.40) $ 0.39
Weighted average shares outstanding:        
Basic (in shares) 144.4 142.3 144.1 141.5
Diluted (in shares) 144.4 142.9 144.1 142.0