Segment Data (Tables)

3 Months Ended

12 Months Ended

Mar. 31, 2015

Dec. 31, 2014

Schedule of Operating Segment Results

The following table presents the company’s reportable segment results for the three months ended March 31, 2015 and 2014.

(In thousands)	iHM		Americas Outdoor Advertising		International Outdoor Advertising		Other		Corporate and other reconciling items		Eliminations		Consolidated
Three Months Ended March 31, 2015
Revenue	$	697,801	$	295,863	$	319,180	$	35,462	$	-	$	(3,742)	$	1,344,564
Direct operating expenses		213,829		146,234		216,737		3,398		-		(1,679)		578,519
Selling, general and administrative expenses		261,349		55,637		71,493		29,772		-		(2,063)		416,188
Depreciation and amortization		60,742		50,340		42,441		7,666		9,264		-		170,453
Corporate expenses		-		-		-		-		77,288		-		77,288
Other operating expense, net		-		-		-		-		(8,974)		-		(8,974)
Operating income (loss)	$	161,881	$	43,652	$	(11,491)	$	(5,374)	$	(95,526)	$	-	$	93,142
Intersegment revenues	$	-	$	1,101	$	-	$	2,641	$	-	$	-	$	3,742
Capital expenditures	$	11,913	$	16,695	$	25,105	$	1,051	$	1,691	$	-	$	56,455
Share-based compensation expense	$	-	$	-	$	-	$	-	$	2,524	$	-	$	2,524
Three Months Ended March 31, 2014
Revenue	$	670,347	$	290,610	$	344,641	$	41,495	$	-	$	(4,545)	$	1,342,548
Direct operating expenses		211,946		143,364		238,149		6,388		-		(2,159)		597,688
Selling, general and administrative expenses		253,345		56,368		76,581		30,728		-		(2,386)		414,636
Depreciation and amortization		60,324		49,712		48,331		8,719		7,785		-		174,871
Corporate expenses		-		-		-		-		72,705		-		72,705
Other operating income, net		-		-		-		-		165		-		165
Operating income (loss)	$	144,732	$	41,166	$	(18,420)	$	(4,340)	$	(80,325)	$	-	$	82,813
Intersegment revenues	$	-	$	976	$	-	$	3,569	$	-	$	-	$	4,545
Capital expenditures	$	10,292	$	16,444	$	20,862	$	1,807	$	18,003	$	-	$	67,408
Share-based compensation expense	$	-	$	-	$	-	$	-	$	3,036	$	-	$	3,036

The following table presents the Company’s revised reportable segment results for the years ended December 31, 2014, 2013 and 2012.

(In thousands)	iHM		Americas Outdoor   Advertising		International   Outdoor Advertising		Other			Corporate and other   reconciling   items			Eliminations			Consolidated
Year Ended December 31, 2014
Revenue	$	3,161,503	$	1,350,623	$	1,610,636	$	212,676		$	-		$	(16,905	)	$	6,318,533
Direct operating expenses		927,674		605,771		991,117		24,009			-			(7,621	)		2,540,950
Selling, general and administrative expenses		1,018,930		233,641		314,878		122,448			-			(9,274	)		1,680,623
Depreciation and amortization		240,868		203,928		198,143		33,543			34,416			-			710,898
Impairment charges		-		-		-		-			24,176			-			24,176
Corporate expenses		-		-		-		-			320,341			(10	)		320,331
Other operating income, net		-		-		-		-			40,031			-			40,031
Operating income (loss)	$	974,031	$	307,283	$	106,498	$	32,676		$	(338,902	)	$	-		$	1,081,586
Intersegment revenues	$	10	$	3,436	$	-	$	13,459		$	-		$	-		$	16,905
Segment assets	$	7,720,181	$	3,664,574	$	1,680,598	$	277,388		$	697,501		$	-		$	14,040,242
Capital expenditures	$	50,403	$	109,727	$	117,480	$	5,744		$	34,810		$	-			318,164
Share-based compensation expense	$	-	$	-	$	-	$	-		$	10,713		$	-		$	10,713
Year Ended December 31, 2013
Revenue	$	3,131,595	$	1,385,757	$	1,560,433	$	181,993		$	-		$	(16,734	)	$	6,243,044
Direct operating expenses		953,577		610,750		983,978		25,271			-			(8,556	)		2,565,020
Selling, general and administrative expenses		984,704		243,456		300,116		118,830			-			(8,178	)		1,638,928
Depreciation and amortization		262,136		206,031		194,493		39,291			28,877			-			730,828
Impairment charges		-		-		-		-			16,970			-			16,970
Corporate expenses		-		-		-		-			313,514			-			313,514
Other operating income, net		-		-		-		-			22,998			-			22,998
Operating income (loss)	$	931,178	$	325,520	$	81,846	$	(1,399	)	$	(336,363	)	$	-		$	1,000,782
Intersegment revenues	$	-	$	2,473	$	-	$	14,261		$	-		$	-		$	16,734
Segment assets	$	7,933,564	$	3,823,347	$	1,899,648	$	534,363		$	906,380		$	-		$	15,097,302
Capital expenditures	$	75,742	$	96,590	$	100,949	$	9,933		$	41,312		$	-		$	324,526
Share-based compensation expense	$	-	$	-	$	-	$	-		$	16,715		$	-		$	16,715
Year Ended December 31, 2012
Revenue	$	3,084,780	$	1,367,669	$	1,579,275	$	231,667		$	-		$	(16,507	)	$	6,246,884
Direct operating expenses		888,914		625,852		977,640		25,088			-			(12,965	)		2,504,529
Selling, general and administrative expenses		959,182		262,645		312,017		129,987			-			(3,542	)		1,660,289
Depreciation and amortization		262,409		200,372		196,909		45,568			24,027			-			729,285
Impairment charges		-		-		-		-			37,651			-			37,651
Corporate expenses		-		-		-		-			293,207			-			293,207
Other operating income, net		-		-		-		-			48,127			-			48,127
Operating income (loss)	$	974,275	$	278,800	$	92,709	$	31,024		$	(306,758	)	$	-		$	1,070,050
Intersegment revenues	$	-	$	1,175	$	80	$	15,252		$	-		$	-		$	16,507
Segment assets	$	8,061,701	$	3,991,147	$	2,100,397	$	815,435		$	1,324,033		$	-		$	16,292,713
Capital expenditures	$	65,821	$	130,786	$	136,990	$	17,438		$	39,245		$	-		$	390,280
Share-based compensation expense	$	-	$	-	$	-	$	-		$	28,540		$	-		$	28,540