0000739708 2015-01-01 2015-06-30 0000739708 2015-06-30 0000739708 us-gaap:CorporateAndOtherMember 2014-01-01 2014-06-30 0000739708 2015-01-01 2015-03-31 0000739708 us-gaap:FinancialGuaranteeMember 2015-06-30 0000739708 cik0000739708:AmericasOutdoorMember 2015-01-01 2015-06-30 0000739708 cik0000739708:RadioBroadcastingMember 2014-01-01 2014-06-30 0000739708 us-gaap:AllOtherSegmentsMember 2014-01-01 2014-06-30 0000739708 us-gaap:NoncontrollingInterestMember 2015-01-01 2015-06-30 0000739708 2014-01-01 2014-06-30 0000739708 2015-04-01 2015-06-30 0000739708 2014-04-01 2014-06-30 0000739708 cik0000739708:BroadcastCommunicationTowerSitesMember 2015-06-30 0000739708 cik0000739708:RadioBroadcastingMember 2015-01-01 2015-06-30 0000739708 cik0000739708:AmericasOutdoorAdvertisingMember 2015-01-01 2015-06-30 0000739708 cik0000739708:InternationalOutdoorAdvertisingMember 2015-01-01 2015-06-30 0000739708 us-gaap:AllOtherSegmentsMember 2015-04-01 2015-06-30 0000739708 us-gaap:CorporateAndOtherMember us-gaap:OperatingSegmentsMember 2015-04-01 2015-06-30 0000739708 cik0000739708:InternationalOutdoorAdvertisingMember 2014-04-01 2014-06-30 0000739708 cik0000739708:AmericasOutdoorAdvertisingMember 2014-01-01 2014-06-30 0000739708 us-gaap:IntersegmentEliminationMember us-gaap:OperatingSegmentsMember 2014-01-01 2014-06-30 0000739708 us-gaap:NoncontrollingInterestMember 2014-12-31 0000739708 us-gaap:MaximumMember cik0000739708:VerticalBridgeHoldingsMember cik0000739708:BroadcastCommunicationTowerSitesMember 2014-12-11 0000739708 us-gaap:AllOtherSegmentsMember us-gaap:OperatingSegmentsMember 2014-01-01 2014-06-30 0000739708 cik0000739708:BankGuranteesCollaterizedMember 2015-06-30 0000739708 us-gaap:ParentMember 2015-01-01 2015-06-30 0000739708 cik0000739708:InternationalOutdoorAdvertisingMember 2014-01-01 2014-06-30 0000739708 2014-12-31 0000739708 us-gaap:RevolvingCreditFacilityMember 2015-06-30 0000739708 us-gaap:IntersegmentEliminationMember 2015-01-01 2015-06-30 0000739708 us-gaap:AllOtherSegmentsMember 2015-01-01 2015-06-30 0000739708 cik0000739708:AmericasOutdoorAdvertisingMember 2015-04-01 2015-06-30 0000739708 us-gaap:IntersegmentEliminationMember 2015-04-01 2015-06-30 0000739708 cik0000739708:RadioBroadcastingMember 2015-04-01 2015-06-30 0000739708 cik0000739708:RadioBroadcastingMember 2014-04-01 2014-06-30 0000739708 cik0000739708:PriorityGuaranteeNotesDue2019Member 2015-06-30 0000739708 us-gaap:CommonClassAMember cik0000739708:CcFincoLlcMember 2015-04-01 2015-04-02 0000739708 us-gaap:CommonClassAMember 2015-06-30 0000739708 us-gaap:ConstructionInProgressMember 2014-12-31 0000739708 us-gaap:BuildingMember 2014-12-31 0000739708 cik0000739708:RepresentationContractsMember 2014-12-31 0000739708 cik0000739708:RadioMember 2014-01-01 2014-12-31 0000739708 2014-01-01 2014-12-31 0000739708 cik0000739708:PriorityGuaranteeNotesMember 2015-06-30 0000739708 cik0000739708:BroadcastCommunicationTowerSitesMember 2015-07-16 0000739708 cik0000739708:InternationalOutdoorAdvertisingMember 2015-04-01 2015-06-30 0000739708 us-gaap:OperatingSegmentsMember cik0000739708:AmericasOutdoorAdvertisingMember 2015-04-01 2015-06-30 0000739708 us-gaap:ParentMember 2014-01-01 2014-06-30 0000739708 cik0000739708:InternationalOutdoorMember 2015-01-01 2015-06-30 0000739708 us-gaap:NoncontrollingInterestMember 2013-12-31 0000739708 us-gaap:CustomerRelationshipsMember 2015-06-30 0000739708 us-gaap:OperatingSegmentsMember cik0000739708:AmericasOutdoorAdvertisingMember 2014-01-01 2014-06-30 0000739708 cik0000739708:AmericasOutdoorMember 2015-06-30 0000739708 cik0000739708:OtherGoodwillMember 2015-01-01 2015-06-30 0000739708 cik0000739708:SeniorNotesDue2018Member 2015-06-30 0000739708 cik0000739708:OtherGoodwillMember 2014-01-01 2014-12-31 0000739708 us-gaap:ConstructionInProgressMember 2015-06-30 0000739708 us-gaap:IntersegmentEliminationMember 2014-01-01 2014-06-30 0000739708 us-gaap:CorporateAndOtherMember 2015-01-01 2015-06-30 0000739708 cik0000739708:BroadcastCommunicationTowerSitesMember 2015-04-01 2015-06-30 0000739708 us-gaap:ParentMember 2013-12-31 0000739708 cik0000739708:OtherGoodwillMember 2015-06-30 0000739708 us-gaap:CommonClassAMember 2014-12-31 0000739708 cik0000739708:PriorityGuaranteeNotesDue2019Member 2014-12-31 0000739708 cik0000739708:InternationalOutdoorMember 2014-01-01 2014-12-31 0000739708 cik0000739708:OtherIheartcommunicationsSubsidiaryDebtMember 2015-06-30 0000739708 us-gaap:FurnitureAndFixturesMember 2015-06-30 0000739708 cik0000739708:TalentContractsMember 2015-06-30 0000739708 cik0000739708:PurchaseAccountingAdjustmentsAndOriginalIssueDiscountMember 2015-06-30 0000739708 us-gaap:OtherIntangibleAssetsMember 2015-06-30 0000739708 cik0000739708:ExecutiveOfficeBuildingAndDataAdministrativeServiceCenterMember 2015-01-01 2015-03-31 0000739708 cik0000739708:RadioMember 2013-12-31 0000739708 cik0000739708:DataAndAdministrativeServiceCenterMember 2015-01-01 2015-03-31 0000739708 cik0000739708:PriorityGuaranteeNotesDue2021Member 2014-12-31 0000739708 cik0000739708:TransitStreetFurnitureAndOtherOutdoorContractualRightsMember 2015-06-30 0000739708 cik0000739708:OtherSecuredSubsidiaryLongTermDebtMember 2015-06-30 0000739708 cik0000739708:TransitStreetFurnitureAndOtherOutdoorContractualRightsMember 2014-12-31 0000739708 us-gaap:ParentMember 2015-06-30 0000739708 cik0000739708:ReceivablesBasedFacility1Member 2015-06-30 0000739708 us-gaap:OperatingSegmentsMember cik0000739708:InternationalOutdoorAdvertisingMember 2015-01-01 2015-06-30 0000739708 cik0000739708:AmericasOutdoorAdvertisingMember 2014-04-01 2014-06-30 0000739708 us-gaap:CorporateAndOtherMember 2014-04-01 2014-06-30 0000739708 us-gaap:CommonClassAMember cik0000739708:CcFincoLlcMember 2015-01-01 2015-01-31 0000739708 cik0000739708:OtherGoodwillMember 2014-12-31 0000739708 cik0000739708:TalentContractsMember 2014-12-31 0000739708 us-gaap:CorporateAndOtherMember 2015-04-01 2015-06-30 0000739708 us-gaap:AllOtherSegmentsMember 2014-04-01 2014-06-30 0000739708 us-gaap:NoncontrollingInterestMember 2014-01-01 2014-06-30 0000739708 cik0000739708:RepresentationContractsMember 2015-06-30 0000739708 cik0000739708:SeniorNotes2021Member 2015-06-30 0000739708 cik0000739708:RadioMember 2015-01-01 2015-06-30 0000739708 cik0000739708:PermanentEasementsMember 2015-06-30 0000739708 us-gaap:OtherIntangibleAssetsMember 2014-12-31 0000739708 us-gaap:CustomerRelationshipsMember 2014-12-31 0000739708 cik0000739708:IheartcommunicationsLegacyNotesMember 2015-06-30 0000739708 cik0000739708:InternationalOutdoorMember 2015-06-30 0000739708 us-gaap:FinancialStandbyLetterOfCreditMember 2015-06-30 0000739708 us-gaap:OperatingSegmentsMember cik0000739708:AmericasOutdoorAdvertisingMember 2015-01-01 2015-06-30 0000739708 us-gaap:IntersegmentEliminationMember 2014-04-01 2014-06-30 0000739708 us-gaap:OperatingSegmentsMember cik0000739708:RadioBroadcastingMember 2014-01-01 2014-06-30 0000739708 us-gaap:OperatingSegmentsMember 2014-01-01 2014-06-30 0000739708 cik0000739708:TowersTransmittersAndStudioEquipmentMember 2014-12-31 0000739708 cik0000739708:BroadcastCommunicationTowerSitesMember 2015-07-15 2015-07-16 0000739708 us-gaap:OperatingSegmentsMember cik0000739708:AmericasOutdoorAdvertisingMember 2014-04-01 2014-06-30 0000739708 us-gaap:OperatingSegmentsMember cik0000739708:RadioBroadcastingMember 2014-04-01 2014-06-30 0000739708 cik0000739708:PriorityGuaranteeNotesDue2022Member 2014-12-31 0000739708 2013-04-12 0000739708 us-gaap:CorporateAndOtherMember us-gaap:OperatingSegmentsMember 2014-01-01 2014-06-30 0000739708 2008-12-31 0000739708 us-gaap:FurnitureAndFixturesMember 2014-12-31 0000739708 us-gaap:SuretyBondMember 2015-06-30 0000739708 cik0000739708:VerticalBridgeHoldingsMember cik0000739708:BroadcastCommunicationTowerSitesMember 2015-04-03 0000739708 us-gaap:OperatingSegmentsMember cik0000739708:RadioBroadcastingMember 2015-01-01 2015-06-30 0000739708 cik0000739708:AmericasOutdoorMember 2014-01-01 2014-12-31 0000739708 us-gaap:CorporateAndOtherMember us-gaap:OperatingSegmentsMember 2015-01-01 2015-06-30 0000739708 us-gaap:AllOtherSegmentsMember us-gaap:OperatingSegmentsMember 2015-01-01 2015-06-30 0000739708 us-gaap:IntersegmentEliminationMember us-gaap:OperatingSegmentsMember 2014-04-01 2014-06-30 0000739708 us-gaap:CorporateAndOtherMember us-gaap:OperatingSegmentsMember 2014-04-01 2014-06-30 0000739708 cik0000739708:SubsidiarySeniorRevolvingCreditFacilityMember 2015-06-30 0000739708 cik0000739708:SubsidiarySeniorSubordinatedNotesDue2020Member 2014-12-31 0000739708 cik0000739708:PermanentEasementsMember 2014-12-31 0000739708 us-gaap:LandBuildingsAndImprovementsMember 2015-06-30 0000739708 2013-12-31 0000739708 us-gaap:OperatingSegmentsMember cik0000739708:RadioBroadcastingMember 2015-04-01 2015-06-30 0000739708 us-gaap:AllOtherSegmentsMember us-gaap:OperatingSegmentsMember 2015-04-01 2015-06-30 0000739708 cik0000739708:OtherGoodwillMember 2013-12-31 0000739708 cik0000739708:TermLoanFacilitiesMember 2015-06-30 0000739708 cik0000739708:PriorityGuaranteeNotesDue2023Member 2015-06-30 0000739708 cik0000739708:InternationalOutdoorMember 2013-12-31 0000739708 cik0000739708:SubisidarySeniorNotesMember 2015-06-30 0000739708 cik0000739708:RadioMember 2015-06-30 0000739708 us-gaap:CommonClassAMember 2010-08-09 0000739708 us-gaap:OperatingSegmentsMember cik0000739708:InternationalOutdoorAdvertisingMember 2014-01-01 2014-06-30 0000739708 cik0000739708:PriorityGuaranteeNotesDue2021Member 2015-06-30 0000739708 cik0000739708:PriorityGuaranteeNotesDue2023Member 2014-12-31 0000739708 cik0000739708:TermLoanCMember 2015-02-25 2015-02-26 0000739708 cik0000739708:VerticalBridgeHoldingsMember cik0000739708:BroadcastCommunicationTowerSitesMember 2015-04-01 2015-04-03 0000739708 cik0000739708:PriorityGuaranteeNotesDue2022Member 2015-06-30 0000739708 us-gaap:OperatingSegmentsMember 2015-01-01 2015-06-30 0000739708 cik0000739708:TermLoanBMember 2015-02-25 2015-02-26 0000739708 cik0000739708:AmericasOutdoorMember 2013-12-31 0000739708 cik0000739708:SubsidiarySeniorSubordinatedNotesDue2020Member 2015-06-30 0000739708 us-gaap:OperatingSegmentsMember 2014-04-01 2014-06-30 0000739708 us-gaap:LandBuildingsAndImprovementsMember 2014-12-31 0000739708 cik0000739708:InternationalOutdoorMember 2014-12-31 0000739708 us-gaap:CommonClassAMember cik0000739708:CcFincoLlcMember 2015-04-02 0000739708 cik0000739708:AmericasOutdoorMember 2014-12-31 0000739708 cik0000739708:TowersTransmittersAndStudioEquipmentMember 2015-06-30 0000739708 us-gaap:OperatingSegmentsMember 2015-04-01 2015-06-30 0000739708 us-gaap:AllOtherSegmentsMember us-gaap:OperatingSegmentsMember 2014-04-01 2014-06-30 0000739708 us-gaap:IntersegmentEliminationMember us-gaap:OperatingSegmentsMember 2015-04-01 2015-06-30 0000739708 us-gaap:MinimumMember cik0000739708:SeniorToggleNotesMember 2015-06-30 0000739708 us-gaap:ParentMember 2014-06-30 0000739708 us-gaap:OperatingSegmentsMember cik0000739708:InternationalOutdoorAdvertisingMember 2015-04-01 2015-06-30 0000739708 2014-06-30 0000739708 us-gaap:NoncontrollingInterestMember 2014-06-30 0000739708 cik0000739708:SeniorCashPayNotesMember 2015-06-30 0000739708 us-gaap:OperatingSegmentsMember cik0000739708:InternationalOutdoorAdvertisingMember 2014-04-01 2014-06-30 0000739708 cik0000739708:ReceivablesBasedFacility1Member 2015-06-30 0000739708 us-gaap:ParentMember 2014-12-31 0000739708 us-gaap:NoncontrollingInterestMember 2015-06-30 0000739708 cik0000739708:RadioMember 2014-12-31 0000739708 us-gaap:BuildingMember 2015-06-30 0000739708 cik0000739708:BroadcastCommunicationTowerSitesMember 2015-04-03 0000739708 us-gaap:IntersegmentEliminationMember us-gaap:OperatingSegmentsMember 2015-01-01 2015-06-30 0000739708 us-gaap:MaximumMember cik0000739708:SeniorToggleNotesMember 2015-06-30 0000739708 us-gaap:CommonClassAMember 2015-06-30 0000739708 us-gaap:CommonClassAMember 2014-12-31 0000739708 cik0000739708:SeniorNotesDue2018Member 2014-12-31 0000739708 cik0000739708:SeniorNotes2021Member 2014-12-31 0000739708 cik0000739708:OtherSecuredSubsidiaryLongTermDebtMember 2014-12-31 0000739708 cik0000739708:TermLoanFacilitiesMember 2014-12-31 0000739708 cik0000739708:SubsidiarySeniorRevolvingCreditFacilityMember 2014-12-31 0000739708 cik0000739708:SubisidarySeniorNotesMember 2014-12-31 0000739708 cik0000739708:PurchaseAccountingAdjustmentsAndOriginalIssueDiscountMember 2014-12-31 0000739708 cik0000739708:OtherIheartcommunicationsSubsidiaryDebtMember 2014-12-31 0000739708 cik0000739708:IheartcommunicationsLegacyNotesMember 2014-12-31 0000739708 cik0000739708:ReceivablesBasedFacility1Member 2014-12-31 0000739708 cik0000739708:PriorityGuaranteeNotesMember 2014-12-31 iso4217:USD xbrli:pure xbrli:shares iso4217:USD xbrli:shares cik0000739708:signs cik0000739708:permits cik0000739708:Stations 2015-06-30 1934310000 -177492000 2600000 54200000 0 0 17374000 15000000 28099000 12736000 2725000 227042000 1242558000 -690000 -199268000 220830000 108100000 <div><table style='border-collapse:collapse;' ><tr style='height:15pt;' ><td colspan='12' rowspan='1' style='width:540pt;text-align:left;border-color:Black;min-width:540pt;' ><font style='font-family:Times New Roman;font-size:11pt;font-weight:bold;color:#000000;' >NOTE 5 &#8211; INCOME TAXES</font></td></tr><tr style='height:15pt;' ><td style='width:196.5pt;text-align:left;border-color:Black;min-width:196.5pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' ></td></tr><tr style='height:15pt;' ><td colspan='12' rowspan='1' style='width:540pt;text-align:left;border-color:Black;min-width:540pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >Income Tax Benefit (Expense)</font></td></tr><tr style='height:30pt;' ><td colspan='12' rowspan='1' style='width:540pt;text-align:left;border-color:Black;min-width:540pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >The Company&#8217;s income tax benefit (expense) for the three and six months ended June 30, 2015 and 2014, respectively, consisted of the following components:</font></td></tr><tr style='height:15pt;' ><td style='width:196.5pt;text-align:left;border-color:Black;min-width:196.5pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' ></td></tr><tr style='height:15pt;' ><td style='width:196.5pt;text-align:left;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;color:#000000;' >(In thousands)</font></td><td colspan='5' rowspan='1' style='width:168pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:168pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Three Months Ended June 30,</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td colspan='5' rowspan='1' style='width:168pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:168pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Six Months Ended June 30,</font></td></tr><tr style='height:15pt;' ><td style='width:196.5pt;text-align:left;border-color:Black;min-width:196.5pt;' ></td><td colspan='2' rowspan='1' style='width:80.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:80.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2015</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:80.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:80.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2014</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:80.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:80.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2015</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:80.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:80.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2014</font></td></tr><tr style='height:15pt;' ><td style='width:196.5pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Current tax benefit (expense)</font></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:71.25pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (23,309)</font></td><td style='width:7.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:71.25pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 7,492 </font></td><td style='width:7.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:71.25pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (63,694)</font></td><td style='width:7.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:71.25pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (35,587)</font></td></tr><tr style='height:15pt;' ><td style='width:196.5pt;text-align:left;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Deferred tax benefit (expense)</font></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 1,232 </font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (6,871)</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (14,988)</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (32,179)</font></td></tr><tr style='height:15pt;' ><td style='width:196.5pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Income tax benefit (expense)</font></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:71.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (22,077)</font></td><td style='width:7.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:71.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 621 </font></td><td style='width:7.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:71.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (78,682)</font></td><td style='width:7.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:71.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (67,766)</font></td></tr></table></div> 0 637149000 0 7611000 0 0 <div><table style='border-collapse:collapse;' ><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:142.5pt;text-align:left;border-color:Black;min-width:142.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >Goodwill</font></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:left;border-color:Black;min-width:67.5pt;' ></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:left;border-color:Black;min-width:67.5pt;' ></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:left;border-color:Black;min-width:67.5pt;' ></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:left;border-color:Black;min-width:67.5pt;' ></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:left;border-color:Black;min-width:67.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:left;border-color:Black;min-width:67.5pt;' ></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:left;border-color:Black;min-width:67.5pt;' ></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:left;border-color:Black;min-width:67.5pt;' ></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:left;border-color:Black;min-width:67.5pt;' ></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:left;border-color:Black;min-width:67.5pt;' ></td></tr><tr style='height:12.75pt;' ><td colspan='16' rowspan='1' style='width:540pt;text-align:justify;border-color:Black;min-width:540pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >The following table presents the changes in the carrying amount of goodwill in each of the Company&#8217;s reportable segments:</font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:left;border-color:Black;min-width:67.5pt;' ></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:left;border-color:Black;min-width:67.5pt;' ></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:left;border-color:Black;min-width:67.5pt;' ></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:left;border-color:Black;min-width:67.5pt;' ></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:left;border-color:Black;min-width:67.5pt;' ></td></tr><tr style='height:39.75pt;' ><td colspan='2' rowspan='1' style='width:142.5pt;text-align:left;border-color:Black;min-width:142.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;color:#000000;' >(In thousands)</font></td><td colspan='2' rowspan='1' style='width:76.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:76.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >iHM</font></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td colspan='2' rowspan='1' style='width:76.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:76.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Americas Outdoor Advertising</font></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td colspan='2' rowspan='1' style='width:76.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:76.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >International Outdoor Advertising</font></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td colspan='2' rowspan='1' style='width:76.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:76.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other</font></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td colspan='2' rowspan='1' style='width:76.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:76.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Consolidated</font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:142.5pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:142.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Balance as of December 31, 2013</font></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCECFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 3,234,807 </font></td><td style='width:3.75pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCECFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 585,227 </font></td><td style='width:3.75pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCECFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 264,907 </font></td><td style='width:3.75pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCECFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 117,246 </font></td><td style='width:3.75pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCECFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 4,202,187 </font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Acquisitions</font></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 17,900 </font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > - </font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > - </font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 299 </font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 18,199 </font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:135pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Foreign currency</font></td><td style='width:9pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > - </font></td><td style='width:3.75pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (653)</font></td><td style='width:3.75pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (32,369)</font></td><td style='width:3.75pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > - </font></td><td style='width:3.75pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (33,022)</font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other</font></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 60 </font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > - </font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > - </font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > - </font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 60 </font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:142.5pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:142.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Balance as of December 31, 2014</font></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCECFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 3,252,767 </font></td><td style='width:3.75pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCECFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 584,574 </font></td><td style='width:3.75pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCECFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 232,538 </font></td><td style='width:3.75pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCECFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 117,545 </font></td><td style='width:3.75pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCECFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 4,187,424 </font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Acquisitions</font></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > - </font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > - </font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > - </font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > - </font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > - </font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:135pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Foreign currency</font></td><td style='width:9pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > - </font></td><td style='width:3.75pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (312)</font></td><td style='width:3.75pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (9,340)</font></td><td style='width:3.75pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > - </font></td><td style='width:3.75pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (9,652)</font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other</font></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > - </font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > - </font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > - </font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > - </font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > - </font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:142.5pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:142.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Balance as of June 30, 2015</font></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;background-color:#CCECFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 3,252,767 </font></td><td style='width:3.75pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;background-color:#CCECFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 584,262 </font></td><td style='width:3.75pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;background-color:#CCECFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 223,198 </font></td><td style='width:3.75pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;background-color:#CCECFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 117,545 </font></td><td style='width:3.75pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;background-color:#CCECFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 4,177,772 </font></td></tr></table></div> 0 0 224140000 411 5484000 123341000 7090000 13200000 297239000 0000739708 500000000 <div><p style='text-align:left;margin-top:0pt;margin-bottom:6pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >New Accounting Pronouncements</font></p><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;color:#000000;' >During the first quarter of 2015, the Company adopted the Financial Accounting Standards Board&#8217;s (&#8220;FASB&#8221;) ASU No. 2014-08, </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;color:#000000;' >Presentation of Financial Statements (Topic 205) and Property, Plant, and Equipment (Topic 360), Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >. This update provides guidance for the recognition, measurement and disclosure of discontinued operations. The update is effective for annual periods beginning on or after 15 December 2014 and interim periods within those years. The adoption of this guidance did not have a material effect on the Company&#8217;s consolidated financial statements. </font></p><p style='text-align:justify;line-height:12pt;' ></p><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;color:#000000;' >During the first</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > quarter of 201</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >, the FASB issued ASU No. 201</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >02</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >, </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;color:#000000;' >Consolidation (Topic 810), Amend</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;color:#000000;' >ments to the Consolidation Analysis</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >. This new standard </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >eliminates the deferral of FAS 167, which has allowed entities with interest in certain investment funds to follow the previous consolidation guidance in FIN 46(R) and makes other changes to both the v</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >ariable interest model and the voting model</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >. The standard is effective for annual periods</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >, and for</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > interim periods within those annual periods, beginning after December 15, 2015. The Company is currently evaluating the impact of the provisions of this new</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > standard on its financial position and results of operations.</font></p><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;color:#000000;' > </font></p></div> 0 0 Non-accelerated Filer 808354000 0 71000 -9665208000 2411294000 -14449000 -4287000 75000000 0 3148000 439367000 141111000 6651000 -12637000 123600000 35587000 56857000 0 51113000 0 341286000 272781000 266523000 269367000 29458000 1999815000 2886000 Q2 22200000 500000000 95671000 2999582000 206338000 0 52638000 <div><table style='border-collapse:collapse;' ><tr style='height:24pt;' ><td colspan='7' rowspan='1' style='width:540pt;text-align:left;border-color:Black;min-width:540pt;' ><font style='font-family:Times New Roman;font-size:11pt;font-weight:bold;color:#000000;' >NOTE 3 &#8211; LONG-TERM DEBT</font></td></tr><tr style='height:12.75pt;' ><td colspan='7' rowspan='1' style='width:540pt;text-align:left;border-color:Black;min-width:540pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Long-term debt outstanding as of June 30, 2015 and December 31, 2014 consisted of the following:</font></td></tr><tr style='height:12.75pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:364.5pt;text-align:left;border-color:Black;min-width:364.5pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:left;border-color:Black;min-width:67.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:left;border-color:Black;min-width:67.5pt;' ></td></tr><tr style='height:15pt;' ><td colspan='2' rowspan='1' style='width:379.5pt;text-align:left;border-color:Black;min-width:379.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;color:#000000;' >(In thousands)</font></td><td colspan='2' rowspan='1' style='width:76.5pt;text-align:center;border-color:Black;min-width:76.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >June 30,</font></td><td colspan='1' rowspan='2' style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:76.5pt;text-align:center;border-color:Black;min-width:76.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >December 31,</font></td></tr><tr style='height:15pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:364.5pt;text-align:left;border-color:Black;min-width:364.5pt;' ></td><td colspan='2' rowspan='1' style='width:76.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:76.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2015</font></td><td colspan='2' rowspan='1' style='width:76.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:76.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2014</font></td></tr><tr style='height:15.75pt;' ><td colspan='2' rowspan='1' style='width:379.5pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:379.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Senior Secured Credit Facilities</font>^{<font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font>}</td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > $6,300,000 </font></td><td style='width:7.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > $7,231,222 </font></td></tr><tr style='height:15.75pt;' ><td colspan='2' rowspan='1' style='width:379.5pt;text-align:left;border-color:Black;min-width:379.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Receivables Based Credit Facility Due 2017</font>^{<font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(2)</font>}</td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > - </font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > - </font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:379.5pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:379.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >9.0% Priority Guarantee Notes Due 2019</font></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 1,999,815 </font></td><td style='width:7.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 1,999,815 </font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:379.5pt;text-align:left;border-color:Black;min-width:379.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >9.0% Priority Guarantee Notes Due 2021</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 1,750,000 </font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 1,750,000 </font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:379.5pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:379.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >11.25% Priority Guarantee Notes Due 2021</font></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 575,000 </font></td><td style='width:7.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 575,000 </font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:379.5pt;text-align:left;border-color:Black;min-width:379.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >9.0% Priority Guarantee Notes Due 2022</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 1,000,000 </font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 1,000,000 </font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:379.5pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:379.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >10.625% Priority Guarantee Notes Due 2023</font></td><td style='width:9pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 950,000 </font></td><td style='width:7.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > - </font></td></tr><tr style='height:15.75pt;' ><td colspan='2' rowspan='1' style='width:379.5pt;text-align:left;border-color:Black;min-width:379.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Subsidiary Revolving Credit Facility Due 2018</font>^{<font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(3)</font>}</td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > - </font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > - </font></td></tr><tr style='height:15.75pt;' ><td colspan='2' rowspan='1' style='width:379.5pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:379.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other Secured Subsidiary Debt</font>^{<font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(4)</font>}</td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 17,404 </font></td><td style='width:7.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 19,257 </font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:379.5pt;text-align:left;border-color:Black;min-width:379.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total Consolidated Secured Debt</font></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 12,592,219 </font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 12,575,294 </font></td></tr><tr style='height:12.75pt;' ><td style='width:15pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:15pt;' ></td><td style='width:364.5pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:364.5pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ></td><td style='width:7.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ></td></tr><tr style='height:15.75pt;' ><td colspan='2' rowspan='1' style='width:379.5pt;text-align:left;border-color:Black;min-width:379.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >14.0% Senior Notes Due 2021</font>^{<font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(5)</font>}</td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 1,678,314 </font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 1,661,697 </font></td></tr><tr style='height:15.75pt;' ><td colspan='2' rowspan='1' style='width:379.5pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:379.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >The Company&#39;s Legacy Notes</font>^{<font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(6)</font>}</td><td style='width:9pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 667,900 </font></td><td style='width:7.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 667,900 </font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:379.5pt;text-align:left;border-color:Black;min-width:379.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >10.0% Senior Notes Due 2018</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 730,000 </font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 730,000 </font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:379.5pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:379.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Subsidiary Senior Notes due 2022</font></td><td style='width:9pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 2,725,000 </font></td><td style='width:7.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 2,725,000 </font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:379.5pt;text-align:left;border-color:Black;min-width:379.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Subsidiary Senior Subordinated Notes due 2020</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 2,200,000 </font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 2,200,000 </font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:379.5pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:379.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other Subsidiary Debt</font></td><td style='width:9pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 302 </font></td><td style='width:7.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 1,024 </font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:379.5pt;text-align:left;border-color:Black;min-width:379.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Purchase accounting adjustments and original issue discount </font></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (219,207)</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (234,897)</font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:379.5pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:379.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total debt</font></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 20,374,528 </font></td><td style='width:7.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 20,326,018 </font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:379.5pt;text-align:left;border-color:Black;min-width:379.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Less: current portion</font></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 2,725 </font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 3,604 </font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:379.5pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:379.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total long-term debt</font></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 20,371,803 </font></td><td style='width:7.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;background-color:#CCECFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 20,322,414 </font></td></tr><tr style='height:12.75pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:364.5pt;text-align:left;border-color:Black;min-width:364.5pt;' ></td><td style='width:9pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:67.5pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:67.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' >^{<font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font>}</td><td colspan='6' rowspan='1' style='width:525pt;text-align:left;border-color:Black;min-width:525pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Term Loan D and Term Loan E mature in 2019.</font></td></tr><tr style='height:26.25pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' >^{<font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(2)</font>}</td><td colspan='6' rowspan='1' style='width:525pt;text-align:left;border-color:Black;min-width:525pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >The Receivables Based Credit Facility provides for borrowings up to the lesser of $535.0 million (the revolving credit commitment) or the borrowing base, subject to certain limitations contained in the Company&#39;s material financing agreements.</font></td></tr><tr style='height:12.75pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' >^{<font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(3)</font>}</td><td colspan='6' rowspan='1' style='width:525pt;text-align:left;border-color:Black;min-width:525pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >The Subsidiary Revolving Credit Facility provides for borrowings up to $75.0 million (the revolving credit commitment).</font></td></tr><tr style='height:12.75pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' >^{<font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(4)</font>}</td><td colspan='6' rowspan='1' style='width:525pt;text-align:left;border-color:Black;min-width:525pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other secured subsidiary debt matures at various dates from 2015 through 2045.</font></td></tr><tr style='height:12.75pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' >^{<font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(5)</font>}</td><td colspan='6' rowspan='1' style='width:525pt;text-align:left;border-color:Black;min-width:525pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >The 14.0% Senior Notes due 2021are subject to required payments at various dates from 2018 through 2021.</font></td></tr><tr style='height:25.5pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' >^{<font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(6)</font>}</td><td colspan='6' rowspan='1' style='width:525pt;text-align:left;border-color:Black;min-width:525pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >The Company&#39;s Legacy Notes, all of which were issued prior to the acquisition of the Company by Parent in 2008, consist of Senior Notes maturing at various dates in 2016, 2018 and 2027.</font></td></tr></table></div> 238313000 1476684000 7700000 0 18199000 1750000000 13626945000 100754000 -80346000 7 63694000 27327000 40956000 1062000 -1759000 -610820000 -9426000 No 3018289000 0 245531000 1222518000 0 2070000 -60000 2202219000 17900000 584262000 Yes 0 730000000 0 2699064000 70953000 0 0 42564000 862565000 2972702000 154902000 0 133200000 0 0 0 0 3700000 381533000 0 0 15664000 74013000 386380000 -25237000 -621281000 57622000 5100000 -8942166000 117545000 0 34200000 1999815000 -32369000 302000 0 158404000 0 66300000 563168000 223044000 387449000 1434232000 -1463000 2278000 0 -197289000 141421000 0 319384000 43102000000 504025000 -219207000 0 -5320000 0 1849642000 iHeartCommunications, Inc. 0 183737000 99559000 618000 0 414099000 34300000 19233000 3234807000 8100000 0 --12-31 575000000 465228000 17404000 716723000 114817000 -10438253000 -10240776000 297160000 80592000 452957000 -405000 820000 31816000 5818000 535000000 120000000 101453000 56649000 0 75502000 0 0 0 0 -705000 20400000 117545000 223936000 0 2015 No -165000 0 1562081000 286892000 615265000 -51419000 -610820000 1733000 55502000 0 0 0 3900000 9143000 0 30910000 4902000 47227000 0 9673000 -3309000 6651000 0 0 215977000 13626945000 348933000 -13343000 0 18407000 295946000 146669000 31752000 75176000 250681000 6348000 9673000 1678314000 0 -1463000 171641000 220130000000 388160000 16225000 634956000 2172946 177249000 765596000 0 0 667900000 223198000 -9389000 0 -8414000 108600000 <div><table style='border-collapse:collapse;' ><tr style='height:12.75pt;' ><td colspan='6' rowspan='1' style='width:540pt;text-align:left;border-color:Black;min-width:540pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >Property, Plant and Equipment</font></td></tr><tr style='height:28.5pt;' ><td colspan='6' rowspan='1' style='width:540pt;text-align:justify;border-color:Black;min-width:540pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >The Company&#8217;s property, plant and equipment consisted of the following classes of assets as of June 30, 2015 and December 31, 2014, respectively:</font></td></tr><tr style='height:12.75pt;' ><td style='width:379.5pt;text-align:right;border-color:Black;min-width:379.5pt;' ></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:left;border-color:Black;min-width:67.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:left;border-color:Black;min-width:67.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:379.5pt;text-align:left;border-color:Black;min-width:379.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;color:#000000;' >(In thousands)</font></td><td colspan='2' rowspan='1' style='width:76.5pt;text-align:center;border-color:Black;min-width:76.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >June 30,</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:76.5pt;text-align:center;border-color:Black;min-width:76.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >December 31,</font></td></tr><tr style='height:12.75pt;' ><td style='width:379.5pt;text-align:left;border-color:Black;min-width:379.5pt;' ></td><td colspan='2' rowspan='1' style='width:76.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:76.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2015</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:76.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:76.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2014</font></td></tr><tr style='height:12.75pt;' ><td style='width:379.5pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:379.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Land, buildings and improvements</font></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 626,050 </font></td><td style='width:7.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 731,925 </font></td></tr><tr style='height:12.75pt;' ><td style='width:379.5pt;text-align:left;border-color:Black;min-width:379.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Structures</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 3,005,159 </font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 2,999,582 </font></td></tr><tr style='height:12.75pt;' ><td style='width:379.5pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:379.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Towers, transmitters and studio equipment</font></td><td style='width:9pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 341,815 </font></td><td style='width:7.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 453,044 </font></td></tr><tr style='height:12.75pt;' ><td style='width:379.5pt;text-align:left;border-color:Black;min-width:379.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Furniture and other equipment</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 563,168 </font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 536,255 </font></td></tr><tr style='height:12.75pt;' ><td style='width:379.5pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:379.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Construction in progress</font></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 70,953 </font></td><td style='width:7.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 95,671 </font></td></tr><tr style='height:12.75pt;' ><td style='width:379.5pt;text-align:left;border-color:Black;min-width:379.5pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 4,607,145 </font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 4,816,477 </font></td></tr><tr style='height:12.75pt;' ><td style='width:379.5pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:379.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Less: accumulated depreciation</font></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 2,202,219 </font></td><td style='width:7.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 2,117,413 </font></td></tr><tr style='height:12.75pt;' ><td style='width:379.5pt;text-align:left;border-color:Black;min-width:379.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other property, plant and equipment, net</font></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 2,404,926 </font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 2,699,064 </font></td></tr></table></div> 38127000 -47314000 15526000 2163000 434662000 0 157880000 0 26877000 40040000 82175000 31776000 0 -9160000 0 0 4902000 9160000 453044000 <div><p style='text-align:justify;margin-top:0pt;margin-bottom:6pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:11pt;font-weight:bold;margin-left:0pt;' >NOTE 4</font><font style='font-family:Times New Roman;font-size:11pt;font-weight:bold;' > &#8211; COMMITMENTS AND CONTINGENCIES</font></p><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company and its subsidiaries are involved in certain legal proceedings arising in the ordinary course of business and, as required, have accrued an estimate of the probable costs for the resolution of those </font><font style='font-family:Times New Roman;font-size:10pt;' >claims for which the occurrence of loss is probable and the amount can be reasonably estimated. These estimates have been developed in consultation with counsel and are based upon an analysis of potential results, assuming a combination of litigation and </font><font style='font-family:Times New Roman;font-size:10pt;' >settlement strategies. It is possible, however, that future results of operations for any particular period could be materially affected by changes in the Company&#8217;s assumptions or the effectiveness of the Company&#8217;s strategies related to these proceedings.</font><font style='font-family:Times New Roman;font-size:10pt;' > Additionally, due to the inherent uncertainty of litigation, there can be no assurance that the resolution of any particular claim or proceeding would not have a material adverse effect on the Company&#8217;s financial condition or results of operations.</font></p><p style='text-align:justify;line-height:12pt;' ></p><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Alth</font><font style='font-family:Times New Roman;font-size:10pt;' >ough the Company is involved in a variety of legal proceedings in the ordinary course of business, a large portion of the Company&#8217;s litigation arises in the following contexts: commercial disputes; defamation matters; employment and benefits related claims</font><font style='font-family:Times New Roman;font-size:10pt;' >; governmental fines; intellectual property claims; and tax disputes.</font></p><p style='text-align:justify;line-height:12pt;' ></p><p style='text-align:justify;margin-top:0pt;margin-bottom:6pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >Los Angeles Litigation</font></p><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >In 2008, Summit Media, LLC, one of the Company&#8217;s competitors, sued the City of Los Angeles (the &#8220;City&#8221;), Clear Channel Outdoor, Inc. </font><font style='font-family:Times New Roman;font-size:10pt;' >(&#8220;CCOI&#8221;) </font><font style='font-family:Times New Roman;font-size:10pt;' >and </font><font style='font-family:Times New Roman;font-size:10pt;' >OUTFRONT Media Inc. (form</font><font style='font-family:Times New Roman;font-size:10pt;' >erly CBS Outdoor Americas Inc.)</font><font style='font-family:Times New Roman;font-size:10pt;' > in Los Angeles Superior Court (Case No. BS116611) challenging the validity of a settlement agreement that had been entered into in November 2006 among the parties and pursuant to which </font><font style='font-family:Times New Roman;font-size:10pt;' >CCOI</font><font style='font-family:Times New Roman;font-size:10pt;' > had taken d</font><font style='font-family:Times New Roman;font-size:10pt;' >own existing billboards and converted 83 existing signs from static displays to digital displays. In 2009</font><font style='font-family:Times New Roman;font-size:10pt;' >,</font><font style='font-family:Times New Roman;font-size:10pt;' > the Los Angeles Superior Court ruled that the settlement agreement constituted an ultra vires act of the City, and nullified its existence. After f</font><font style='font-family:Times New Roman;font-size:10pt;' >urther proceedings, on April 12, 2013</font><font style='font-family:Times New Roman;font-size:10pt;' >,</font><font style='font-family:Times New Roman;font-size:10pt;' > the Los Angeles Superior Court invalidated 82 digital modernization permits issued to </font><font style='font-family:Times New Roman;font-size:10pt;' >CCOI</font><font style='font-family:Times New Roman;font-size:10pt;' > (77 of which displays were operating at the time of the ruling) and </font><font style='font-family:Times New Roman;font-size:10pt;' >CCOI</font><font style='font-family:Times New Roman;font-size:10pt;' > was req</font><font style='font-family:Times New Roman;font-size:10pt;' >uired to turn off the electrical power to all affected digital displays on April 15, 2013. The digital display structures remain intact but digital displays are currently prohibited in the City. </font><font style='font-family:Times New Roman;font-size:10pt;' >CCOI</font><font style='font-family:Times New Roman;font-size:10pt;' > is seeking permits under the ex</font><font style='font-family:Times New Roman;font-size:10pt;' >isting City sign code to either wrap the LED faces with vinyl or convert the LED faces to traditional static signs and has obtained a number of such permits. </font><font style='font-family:Times New Roman;font-size:10pt;' >CCOI</font><font style='font-family:Times New Roman;font-size:10pt;' > is also pursuing a new ordinance to permit digital signage in the Cit</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font></p><p style='text-align:justify;line-height:12pt;' ></p><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >International Outdoor Investigation </font></p><p style='text-align:justify;line-height:12pt;' ></p><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >On&#160;April 21, 2015, inspections were conducted at the premises of Clear Channel in Denmark and Sweden as part of an investigation by Danish competition authorities.&#160; Additionally, on the same day</font><font style='font-family:Times New Roman;font-size:10pt;' >,</font><font style='font-family:Times New Roman;font-size:10pt;' > Clear</font><font style='font-family:Times New Roman;font-size:10pt;' > Channel UK received a communication from the UK competition authorities, also in connection with the investigation by Danish competition authorities. Clear Channel and its affiliates are cooperating with the national competition authorities.</font></p><p style='text-align:justify;line-height:12pt;' ></p><p style='text-align:justify;line-height:12pt;' ></p><p style='text-align:justify;line-height:12pt;' ></p></div> 27086000 0 756322000 false 20371803000 1599859000 4902000 -54466000 2145000 7767000 5899000 -9714000 -1232000 -7443000 91780000 700713000 0 -2934000 0 8655000 122424000 871719000 -536403000 22077000 -1979000 300000 0 42771000 222630000 0 0 1094000 0 82197000 -4991000 0 197105000000 0 <div><table style='border-collapse:collapse;' ><tr style='height:25.5pt;' ><td colspan='13' rowspan='1' style='width:540pt;text-align:justify;border-color:Black;min-width:540pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >The following table presents the gross carrying amount and accumulated amortization for each major class of other intangible assets as of June 30, 2015 and December 31, 2014, respectively:</font></td></tr><tr style='height:12.75pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:204pt;text-align:left;border-color:Black;min-width:204pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:left;border-color:Black;min-width:67.5pt;' ></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:left;border-color:Black;min-width:67.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:left;border-color:Black;min-width:67.5pt;' ></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:left;border-color:Black;min-width:67.5pt;' ></td></tr><tr style='height:15pt;' ><td colspan='2' rowspan='1' style='width:219pt;text-align:left;border-color:Black;min-width:219pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;color:#000000;' >(In thousands)</font></td><td colspan='5' rowspan='1' style='width:156.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:156.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >June 30, 2015</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='5' rowspan='1' style='width:156.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:156.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >December 31, 2014</font></td></tr><tr style='height:26.25pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:204pt;text-align:center;border-color:Black;min-width:204pt;' ></td><td colspan='2' rowspan='1' style='width:76.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:76.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Gross Carrying Amount</font></td><td style='width:3.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td colspan='2' rowspan='1' style='width:76.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:76.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Accumulated Amortization</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:76.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:76.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Gross Carrying Amount</font></td><td style='width:3.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td colspan='2' rowspan='1' style='width:76.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:76.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Accumulated Amortization</font></td></tr><tr style='height:25.5pt;' ><td colspan='2' rowspan='1' style='width:219pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:219pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Transit, street furniture and other outdoor</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > contractual rights</font></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 675,466 </font></td><td style='width:3.75pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (465,228)</font></td><td style='width:7.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 716,723 </font></td><td style='width:3.75pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (476,523)</font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:219pt;text-align:left;border-color:Black;min-width:219pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Customer / advertiser relationships</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 1,222,518 </font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (831,137)</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 1,222,518 </font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (765,596)</font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:219pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:219pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Talent contracts</font></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 319,384 </font></td><td style='width:3.75pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;text-align:center;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (238,231)</font></td><td style='width:7.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 319,384 </font></td><td style='width:3.75pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (223,936)</font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:219pt;text-align:left;border-color:Black;min-width:219pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Representation contracts</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 241,158 </font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (215,977)</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 238,313 </font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (206,338)</font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:219pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:219pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Permanent easements</font></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 171,641 </font></td><td style='width:3.75pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;text-align:center;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > - </font></td><td style='width:7.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 171,271 </font></td><td style='width:3.75pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > - </font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:219pt;text-align:left;border-color:Black;min-width:219pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other</font></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 388,122 </font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (183,737)</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 388,160 </font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (177,249)</font></td></tr><tr style='height:12.75pt;' ><td style='width:15pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:15pt;' ></td><td style='width:204pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:204pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total</font></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 3,018,289 </font></td><td style='width:3.75pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (1,934,310)</font></td><td style='width:7.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 3,056,369 </font></td><td style='width:3.75pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (1,849,642)</font></td></tr></table></div> 1000000000 77 2018 0 10-Q -3840000 83 0 5818000 536255000 -69288000 130993000000 0 7800000 57800000 1222518000 0 781500000 0 367 88722000 1822000 0 13698000 -52321000 1059975000 0 0 6437000 -653000 1083979000 16211000 679000 -4942000 248675000 0 14037000 0 5280000 15277000 -3309000 11019000 0 0 0 0 0 0 10392000 0 <div><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The ac</font><font style='font-family:Times New Roman;font-size:10pt;' >companying consolidated financial statements were prepared by </font><font style='font-family:Times New Roman;font-size:10pt;' >the Company</font><font style='font-family:Times New Roman;font-size:10pt;' > pursuant to the rules and regulations of the </font><font style='font-family:Times New Roman;font-size:10pt;' >Securities and Exchange Commission (&#8220;SEC&#8221;)</font><font style='font-family:Times New Roman;font-size:10pt;' > and,</font><font style='font-family:Times New Roman;font-size:10pt;' > in the opinion of management, include all normal and recurring adjustments necessary to p</font><font style='font-family:Times New Roman;font-size:10pt;' >resent fairly the results of the interim periods shown. Certain information and footnote disclosures normally included in financial statements prepared in accordance with U.S. generally accepted accounting principles (&#8220;GAAP&#8221;) have been condensed or omitted</font><font style='font-family:Times New Roman;font-size:10pt;' > pursuant to such SEC rules and regulations. Management believes that the disclosures made are adequate to make the information presented not misleading. Due to seasonality and other factors, the results for the interim periods </font><font style='font-family:Times New Roman;font-size:10pt;' >may not be</font><font style='font-family:Times New Roman;font-size:10pt;' > indicative of res</font><font style='font-family:Times New Roman;font-size:10pt;' >ults for the full year. The financial statements contained herein should be read in conjunction with the consolidated financial statements and notes thereto included in </font><font style='font-family:Times New Roman;font-size:10pt;' >the Company&#8217;s</font><font style='font-family:Times New Roman;font-size:10pt;' > 2</font><font style='font-family:Times New Roman;font-size:10pt;' >014&#160;Annual Report on Form&#160;10-K.</font></p><p style='text-align:justify;line-height:12pt;' ></p><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >We are a holding company and have no s</font><font style='font-family:Times New Roman;font-size:10pt;' >ignificant assets other than the ownership interests in our subsidiaries. All of our operations and all of our operating assets are held by our subsidiaries. Certain of our outstanding indebtedness is fully and unconditionally guaranteed on a joint and se</font><font style='font-family:Times New Roman;font-size:10pt;' >veral basis by our parent, iHeartMedia Capital I, LLC (&#8220;Capital I&#8221;), and certain of our </font><font style='font-family:Times New Roman;font-size:10pt;' >direct and indirect</font><font style='font-family:Times New Roman;font-size:10pt;' > wholly-owned domestic subsidiaries. Not all of our subsidiaries guarantee our obligations under such outstanding indebtedness. For a presentation of the allo</font><font style='font-family:Times New Roman;font-size:10pt;' >cation of assets, liabilities, equity, revenues and expenses attributable to the guarantors of our indebtedness in conformity with the SEC&#8217;s Regulation S-X Rule 3-10(d), please refer to Note 10 to the consolidated financial statements of Parent as of and f</font><font style='font-family:Times New Roman;font-size:10pt;' >or the period ending June 30, 2015.</font></p><p style='text-align:justify;line-height:12pt;' ></p><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The consolidated financial statements include the accounts of the Company and its subsidiaries. Also included in the consolidated financial statements are entities for which the Company has a controlling financial inte</font><font style='font-family:Times New Roman;font-size:10pt;' >rest or is the primary beneficiary. Investments in companies in which the Company owns </font><font style='font-family:Times New Roman;font-size:10pt;' >20</font><font style='font-family:Times New Roman;font-size:10pt;' >%</font><font style='font-family:Times New Roman;font-size:10pt;' > to </font><font style='font-family:Times New Roman;font-size:10pt;' >50</font><font style='font-family:Times New Roman;font-size:10pt;' >%</font><font style='font-family:Times New Roman;font-size:10pt;' > of the voting common stock or otherwise exercises significant influence over operating</font><font style='font-family:Times New Roman;font-size:10pt;' > and financial policies of the c</font><font style='font-family:Times New Roman;font-size:10pt;' >ompany are accounted for under the equi</font><font style='font-family:Times New Roman;font-size:10pt;' >ty method. All significant intercompany transactions are eliminated in the consolidation process. </font><font style='font-family:Times New Roman;font-size:10pt;' >Certain prior-period amounts have been reclassified to conform to the </font><font style='font-family:Times New Roman;font-size:10pt;' >201</font><font style='font-family:Times New Roman;font-size:10pt;' >5</font><font style='font-family:Times New Roman;font-size:10pt;' > presentation.</font></p><p style='text-align:justify;line-height:12pt;' ></p></div> 0 19200000000 2200000000 0 626050000 -8696635000 -118000 -382712000 12592219000 2000000 0.084 -577000 2009000 -7492000 0 83397000 0 2639000 0 0 47889000 <div><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >All references in this Quarterly Report on Form 10-Q to the &#8220;Company,&#8221; &#8220;we,&#8221; &#8220;us&#8221; and &#8220;our&#8221; refer to </font><font style='font-family:Times New Roman;font-size:10pt;' >iHeartCommunications</font><font style='font-family:Times New Roman;font-size:10pt;' >, Inc.</font><font style='font-family:Times New Roman;font-size:10pt;' > and its consolidated subsidiaries. </font><font style='font-family:Times New Roman;font-size:10pt;' >The Company&#8217;s reportable segments are iHeartMedia (&#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >iHM</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221;), Americas outdoor advertising (&#8220;Americas outdoor&#8221; or &#8220;Americas outdoor advertising&#8221;) and International outdoor advertising (&#8220;International outdoor&#8221; or &#8220;International outdoor advertising&#8221;). </font></p><p style='text-align:justify;line-height:12pt;' ></p></div> 675466000 32560000 117246000 96220000 6300000000 950000000 264907000 4177772000 424163000 9673000 32179000 -46204000 The leases entered into as a part of these transactions are for a term of fifteen years and include three optional five-year renewal periods. 31280000 126767000 0 0 2097000 83115000 0 0 0 0 2117413000 -3026000 2725000000 36115000000 20684000 0 299000 3252767000 497418000 100000000 4202187000 -12121822000 0 575000000 119555000 0 0 -604169000 -19928000 6871000 527872000 0 0 149712000 0 58448000 -5023000 0 15200000 4816477000 <div><table style='border-collapse:collapse;' ><tr style='height:27pt;' ><td colspan='5' rowspan='1' style='width:536.25pt;text-align:justify;border-color:Black;min-width:536.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >As acquisitions and dispositions occur in the future, amortization expense may vary. The following table presents the Company&#8217;s estimate of amortization expense for each of the five succeeding fiscal years for definite-lived intangible assets:</font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;text-align:justify;border-color:Black;min-width:60pt;' ></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:408.75pt;text-align:left;border-color:Black;min-width:408.75pt;' ></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:67.5pt;text-align:left;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;color:#000000;' >(In thousands)</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:408.75pt;text-align:left;border-color:Black;min-width:408.75pt;' ></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:67.5pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2016</font></td><td style='width:15pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 220,130 </font></td><td style='width:408.75pt;text-align:left;border-color:Black;min-width:408.75pt;' ></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:67.5pt;text-align:left;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2017</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 197,105 </font></td><td style='width:408.75pt;text-align:left;border-color:Black;min-width:408.75pt;' ></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:67.5pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2018</font></td><td style='width:15pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:15pt;' ></td><td style='width:45pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 130,993 </font></td><td style='width:408.75pt;text-align:left;border-color:Black;min-width:408.75pt;' ></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:67.5pt;text-align:left;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2019</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 43,102 </font></td><td style='width:408.75pt;text-align:left;border-color:Black;min-width:408.75pt;' ></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:67.5pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2020</font></td><td style='width:15pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:15pt;' ></td><td style='width:45pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 36,115 </font></td><td style='width:408.75pt;text-align:left;border-color:Black;min-width:408.75pt;' ></td></tr></table></div> -439432000 -975000 60700000 369200000 40742000 2404926000 1000000000 0 0 0 168394000 412199000 -12232000 -0.222 7443000 2513000 0 0 0 0 476523000 0 0 916100000 32396000 -9652000 20374528000 585227000 0 2200000000 0 0 24465000 0 1369299000 2185836000 0 7152000 -616339000 731254000 0 24922000 -0.875 0 -3621000 5186000 -3701000 -1942000 3495000 57346000 0 344346000 0 2782000 4615000 28099000 241158000 238231000 4607145000 0 0 -60000 731925000 232538000 0 319384000 0.9 0 0 0 0 584574000 0 -1036000 564538000 833564000 -133000 67696000 5900000 0 -2861000 32359000 0 82 -10593000 0 0 -33022000 197477000 388122000 -9340000 -312000 341815000 3056369000 0 0 -10240776000 0 81566000 0 120313000 0 0 2403000 3701000 3039000 0 -97167000 3521000 0 0 0 21683000 0 0 730216000 0 -1463000 -3822000 4927000 0 112983000 0 15414000 1079000 153875000 0 -5696000 0.11 49848000 -15820000 207200000 23309000 0.004 -0.126 0 241826000 806337000 81823000 0 -4615000 -1681000 9083000 0 59230000 0 0.09 51500000 23400000 17900000 52200000 0 2403000 80592000 0 436859000 0 -9557800000 0.1 1538502000 0 0 0 259269000 0 0 2782000 81000 -9315242000 242558000 0.1075 59571000 100754000 0 0 0 1314000 0 598000 -600000 0 0 0 0 840701000 0 0 47878000 0 0 8200000 22200000 0.14 0.09 0 8440000 31500000 <div><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >During the first quarter of 2015, in connection with the appointment of the new chief executive officer for Clear Channel Outdoor Holdings, Inc. (&#8220;CCOH&#8221;) and a new chief executive officer for the Americas outdoor business, the Company reevaluated its segme</font><font style='font-family:Times New Roman;font-size:10pt;' >nt reporting and determined that its Latin American operations should be managed by its Americas outdoor leadership team. As a result, the operations of Latin America are no longer reflected within the Company&#8217;s International outdoor segment and are inclu</font><font style='font-family:Times New Roman;font-size:10pt;' >ded in the results of its Americas outdoor segment</font><font style='font-family:Times New Roman;font-size:10pt;' >. In addition, the Company reorganized a portion of its </font><font style='font-family:Times New Roman;font-size:10pt;' >national representation business</font><font style='font-family:Times New Roman;font-size:10pt;' > such that the cost of sales personnel for </font><font style='font-family:Times New Roman;font-size:10pt;' >iHM</font><font style='font-family:Times New Roman;font-size:10pt;' > radio stations are now included in the </font><font style='font-family:Times New Roman;font-size:10pt;' >iHM</font><font style='font-family:Times New Roman;font-size:10pt;' > segment and </font><font style='font-family:Times New Roman;font-size:10pt;' >its national re</font><font style='font-family:Times New Roman;font-size:10pt;' >presentation business</font><font style='font-family:Times New Roman;font-size:10pt;' > no longer charges </font><font style='font-family:Times New Roman;font-size:10pt;' >iHM</font><font style='font-family:Times New Roman;font-size:10pt;' > for intercompany cost allocations. Accordingly, the Company</font><font style='font-family:Times New Roman;font-size:10pt;' > has recast the corresponding segment disclosures for prior periods to include Latin America within the Americas outdoor segment and has also recast the</font><font style='font-family:Times New Roman;font-size:10pt;' > corresponding segment disclosures to reflect internal representation services as direct expenses of </font><font style='font-family:Times New Roman;font-size:10pt;' >iHM</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font></p><p style='text-align:justify;line-height:12pt;' ></p></div> 0.1125 16400000 0 0.10625 29900000 457024000 0 0 61638000 798438000 439005000 154902000 831137000 -9889348000 171271000 197477000 3252767000 0 3005159000 1065978000 1542361000 67766000 -10461000 -48034000 360 9 0 -84507000 455655000 0 0 68422000 -1628000 227059000 0.09 0.1175 2065781000 500000 500000 0.001 0.001 500000000 500000000 500000000 500000000 90287000 708151000 730000000 1661697000 19257000 1084865000 454863000 -11682390000 7231222000 14040242000 1563888000 14040242000 0 1206727000 2725000000 176048000 191572000 224140000 -234897000 1024000 0 667900000 4187424000 799475000 1066748000 20326018000 19700000000 0 12575294000 136299000 2411071000 2101132000 132258000 -308590000 1364285000 1614199000 20322414000 2180143000 289065000 3604000 252900000 1395248000 -9665208000 1750000000 0.081 174062000 303567000 418928000 440605000 -1628000 0 -621000 82197000 -16000 644870000 -186631000 1630154000 14852000 -172400000 4902000 -47503000 -171779000 12157000 <div><p style='text-align:left;margin-top:0pt;margin-bottom:6pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >NOTE 1 &#8211; BASIS OF </font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;' >PRESENTATION</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:6pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >Preparation o</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;' >f Interim Financial Statements</font></p><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >All references in this Quarterly Report on Form 10-Q to the &#8220;Company,&#8221; &#8220;we,&#8221; &#8220;us&#8221; and &#8220;our&#8221; refer to </font><font style='font-family:Times New Roman;font-size:10pt;' >iHeartCommunications</font><font style='font-family:Times New Roman;font-size:10pt;' >, Inc.</font><font style='font-family:Times New Roman;font-size:10pt;' > and its consolidated subsidiaries. </font><font style='font-family:Times New Roman;font-size:10pt;' >The Company&#8217;s reportable segments are iHeartMedia (&#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >iHM</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221;), Americas outdoor advertising (&#8220;Americas outdoor&#8221; or &#8220;Americas outdoor advertising&#8221;) and International outdoor advertising (&#8220;International outdoor&#8221; or &#8220;International outdoor advertising&#8221;). </font></p><p style='text-align:justify;line-height:12pt;' ></p><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The ac</font><font style='font-family:Times New Roman;font-size:10pt;' >companying consolidated financial statements were prepared by </font><font style='font-family:Times New Roman;font-size:10pt;' >the Company</font><font style='font-family:Times New Roman;font-size:10pt;' > pursuant to the rules and regulations of the </font><font style='font-family:Times New Roman;font-size:10pt;' >Securities and Exchange Commission (&#8220;SEC&#8221;)</font><font style='font-family:Times New Roman;font-size:10pt;' > and,</font><font style='font-family:Times New Roman;font-size:10pt;' > in the opinion of management, include all normal and recurring adjustments necessary to p</font><font style='font-family:Times New Roman;font-size:10pt;' >resent fairly the results of the interim periods shown. Certain information and footnote disclosures normally included in financial statements prepared in accordance with U.S. generally accepted accounting principles (&#8220;GAAP&#8221;) have been condensed or omitted</font><font style='font-family:Times New Roman;font-size:10pt;' > pursuant to such SEC rules and regulations. Management believes that the disclosures made are adequate to make the information presented not misleading. Due to seasonality and other factors, the results for the interim periods </font><font style='font-family:Times New Roman;font-size:10pt;' >may not be</font><font style='font-family:Times New Roman;font-size:10pt;' > indicative of res</font><font style='font-family:Times New Roman;font-size:10pt;' >ults for the full year. The financial statements contained herein should be read in conjunction with the consolidated financial statements and notes thereto included in </font><font style='font-family:Times New Roman;font-size:10pt;' >the Company&#8217;s</font><font style='font-family:Times New Roman;font-size:10pt;' > 2</font><font style='font-family:Times New Roman;font-size:10pt;' >014&#160;Annual Report on Form&#160;10-K.</font></p><p style='text-align:justify;line-height:12pt;' ></p><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >We are a holding company and have no s</font><font style='font-family:Times New Roman;font-size:10pt;' >ignificant assets other than the ownership interests in our subsidiaries. All of our operations and all of our operating assets are held by our subsidiaries. Certain of our outstanding indebtedness is fully and unconditionally guaranteed on a joint and se</font><font style='font-family:Times New Roman;font-size:10pt;' >veral basis by our parent, iHeartMedia Capital I, LLC (&#8220;Capital I&#8221;), and certain of our </font><font style='font-family:Times New Roman;font-size:10pt;' >direct and indirect</font><font style='font-family:Times New Roman;font-size:10pt;' > wholly-owned domestic subsidiaries. Not all of our subsidiaries guarantee our obligations under such outstanding indebtedness. For a presentation of the allo</font><font style='font-family:Times New Roman;font-size:10pt;' >cation of assets, liabilities, equity, revenues and expenses attributable to the guarantors of our indebtedness in conformity with the SEC&#8217;s Regulation S-X Rule 3-10(d), please refer to Note 10 to the consolidated financial statements of Parent as of and f</font><font style='font-family:Times New Roman;font-size:10pt;' >or the period ending June 30, 2015.</font></p><p style='text-align:justify;line-height:12pt;' ></p><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The consolidated financial statements include the accounts of the Company and its subsidiaries. Also included in the consolidated financial statements are entities for which the Company has a controlling financial inte</font><font style='font-family:Times New Roman;font-size:10pt;' >rest or is the primary beneficiary. Investments in companies in which the Company owns </font><font style='font-family:Times New Roman;font-size:10pt;' >20</font><font style='font-family:Times New Roman;font-size:10pt;' >%</font><font style='font-family:Times New Roman;font-size:10pt;' > to </font><font style='font-family:Times New Roman;font-size:10pt;' >50</font><font style='font-family:Times New Roman;font-size:10pt;' >%</font><font style='font-family:Times New Roman;font-size:10pt;' > of the voting common stock or otherwise exercises significant influence over operating</font><font style='font-family:Times New Roman;font-size:10pt;' > and financial policies of the c</font><font style='font-family:Times New Roman;font-size:10pt;' >ompany are accounted for under the equi</font><font style='font-family:Times New Roman;font-size:10pt;' >ty method. All significant intercompany transactions are eliminated in the consolidation process. </font><font style='font-family:Times New Roman;font-size:10pt;' >Certain prior-period amounts have been reclassified to conform to the </font><font style='font-family:Times New Roman;font-size:10pt;' >201</font><font style='font-family:Times New Roman;font-size:10pt;' >5</font><font style='font-family:Times New Roman;font-size:10pt;' > presentation.</font></p><p style='text-align:justify;line-height:12pt;' ></p><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >During the first quarter of 2015, in connection with the appointment of the new chief executive officer for Clear Channel Outdoor Holdings, Inc. (&#8220;CCOH&#8221;) and a new chief executive officer for the Americas outdoor business, the Company reevaluated its segme</font><font style='font-family:Times New Roman;font-size:10pt;' >nt reporting and determined that its Latin American operations should be managed by its Americas outdoor leadership team. As a result, the operations of Latin America are no longer reflected within the Company&#8217;s International outdoor segment and are inclu</font><font style='font-family:Times New Roman;font-size:10pt;' >ded in the results of its Americas outdoor segment</font><font style='font-family:Times New Roman;font-size:10pt;' >. In addition, the Company reorganized a portion of its </font><font style='font-family:Times New Roman;font-size:10pt;' >national representation business</font><font style='font-family:Times New Roman;font-size:10pt;' > such that the cost of sales personnel for </font><font style='font-family:Times New Roman;font-size:10pt;' >iHM</font><font style='font-family:Times New Roman;font-size:10pt;' > radio stations are now included in the </font><font style='font-family:Times New Roman;font-size:10pt;' >iHM</font><font style='font-family:Times New Roman;font-size:10pt;' > segment and </font><font style='font-family:Times New Roman;font-size:10pt;' >its national re</font><font style='font-family:Times New Roman;font-size:10pt;' >presentation business</font><font style='font-family:Times New Roman;font-size:10pt;' > no longer charges </font><font style='font-family:Times New Roman;font-size:10pt;' >iHM</font><font style='font-family:Times New Roman;font-size:10pt;' > for intercompany cost allocations. Accordingly, the Company</font><font style='font-family:Times New Roman;font-size:10pt;' > has recast the corresponding segment disclosures for prior periods to include Latin America within the Americas outdoor segment and has also recast the</font><font style='font-family:Times New Roman;font-size:10pt;' > corresponding segment disclosures to reflect internal representation services as direct expenses of </font><font style='font-family:Times New Roman;font-size:10pt;' >iHM</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font></p><p style='text-align:justify;line-height:12pt;' ></p><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company is a Texas corporation with all of its common stock being held by Capital I. All of Capital I&#8217;s interests are held by iHeartMedia Capita</font><font style='font-family:Times New Roman;font-size:10pt;' >l II, LLC, a direct, wholly-owned subsidiary of iHeartMedia, Inc. (&#8220;Parent&#8221;). Parent was formed in May 2007 by private equity funds sponsored by Bain Capital Partners, LLC and Thomas H. Lee Partners, L.P. (together, the &#8220;Sponsors&#8221;) for the purpose of acqui</font><font style='font-family:Times New Roman;font-size:10pt;' >ring the business of the Company.</font></p><p style='text-align:justify;line-height:12pt;' ></p><p style='text-align:justify;margin-top:0pt;margin-bottom:6pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >Om</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;' >ission of Per Share Information</font></p><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Net loss per share information is not presented as Capital I owns 100% of the Company&#8217;s common stock. The Company does not have any publicly traded common stock</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font></p></div><p style='line-height:20pt;' /><div><p style='text-align:left;margin-top:0pt;margin-bottom:6pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >New Accounting Pronouncements</font></p><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;color:#000000;' >During the first quarter of 2015, the Company adopted the Financial Accounting Standards Board&#8217;s (&#8220;FASB&#8221;) ASU No. 2014-08, </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;color:#000000;' >Presentation of Financial Statements (Topic 205) and Property, Plant, and Equipment (Topic 360), Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >. This update provides guidance for the recognition, measurement and disclosure of discontinued operations. The update is effective for annual periods beginning on or after 15 December 2014 and interim periods within those years. The adoption of this guidance did not have a material effect on the Company&#8217;s consolidated financial statements. </font></p><p style='text-align:justify;line-height:12pt;' ></p><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;color:#000000;' >During the first</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > quarter of 201</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >, the FASB issued ASU No. 201</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >02</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >, </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;color:#000000;' >Consolidation (Topic 810), Amend</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;color:#000000;' >ments to the Consolidation Analysis</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >. This new standard </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >eliminates the deferral of FAS 167, which has allowed entities with interest in certain investment funds to follow the previous consolidation guidance in FIN 46(R) and makes other changes to both the v</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >ariable interest model and the voting model</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >. The standard is effective for annual periods</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >, and for</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > interim periods within those annual periods, beginning after December 15, 2015. The Company is currently evaluating the impact of the provisions of this new</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > standard on its financial position and results of operations.</font></p><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;color:#000000;' > </font></p></div> <div><p style='text-align:left;margin-top:0pt;margin-bottom:6pt;line-height:13.8pt;' ><font style='font-family:Times New Roman;font-size:11pt;font-weight:bold;margin-left:0pt;' >NOTE 2 &#8211; </font><font style='font-family:Times New Roman;font-size:11pt;font-weight:bold;' >Property, plant and equipment, </font><font style='font-family:Times New Roman;font-size:11pt;font-weight:bold;' >INTANGIBLE</font><font style='font-family:Times New Roman;font-size:11pt;font-weight:bold;' > ASSETS AND GOODWILL</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:6pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >Dispositions</font></p><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >During the</font><font style='font-family:Times New Roman;font-size:10pt;' > first quarter of 2015</font><font style='font-family:Times New Roman;font-size:10pt;' >, the Company sold </font><font style='font-family:Times New Roman;font-size:10pt;' >two</font><font style='font-family:Times New Roman;font-size:10pt;' > office building</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > located in San Antonio, T</font><font style='font-family:Times New Roman;font-size:10pt;' >exas</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >for </font><font style='font-family:Times New Roman;font-size:10pt;' >$3</font><font style='font-family:Times New Roman;font-size:10pt;' >4</font><font style='font-family:Times New Roman;font-size:10pt;' >.3</font><font style='font-family:Times New Roman;font-size:10pt;' > million. Concurrently with the sale of these properties, the Company entered into lease agreements for the continued use of the buildings, pursuant to which the Company will have annual lease payments of $2.6 million. The Company recognized a gain of $8</font><font style='font-family:Times New Roman;font-size:10pt;' >.1 million on the sale of </font><font style='font-family:Times New Roman;font-size:10pt;' >one of the buildings</font><font style='font-family:Times New Roman;font-size:10pt;' >, which </font><font style='font-family:Times New Roman;font-size:10pt;' >is being</font><font style='font-family:Times New Roman;font-size:10pt;' > recognized over the term of the lease. </font></p><p style='text-align:justify;line-height:12pt;' ></p><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;color:#000000;' >On December 11, 2014, Parent announced that its subsidiary had entered into an agreement with Vertical Bridge Holdings, LLC (&#8220;Vertical Bridge&#8221;) for the</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > sale of up to 411 of our broadcast communications tower sites. </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >On April&#160;3, 2015, </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >an affiliate of </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Parent and certain of the Company&#8217;s subsidiaries completed </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >the first closing for the</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > sale of </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >367</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > of the Company&#8217;s broadcast communica</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >tions tower sites and related assets for </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$369.2</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > million.&#160;Simultaneous with the </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >sale</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >, the Company entered into lease agreements for the continued use of </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >360 of the </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >towers</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > sold. The Company incurred $5.1</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > million in relation to these lease agreements in the </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >three months ended June 30, 2015. Upon completion of the transaction, the Company realized a net gain of $207.2 million, of which $108.1 million will be deferred and recognized over the lease term. </font><font style='font-family:Times New Roman;font-size:10pt;' >On July</font><font style='font-family:Times New Roman;font-size:10pt;' > 16</font><font style='font-family:Times New Roman;font-size:10pt;' >, 2015, Parent and certain of the Company&#8217;s su</font><font style='font-family:Times New Roman;font-size:10pt;' >bsidiaries completed </font><font style='font-family:Times New Roman;font-size:10pt;' >the second closing for the </font><font style='font-family:Times New Roman;font-size:10pt;' >sale of </font><font style='font-family:Times New Roman;font-size:10pt;' >an additional nine</font><font style='font-family:Times New Roman;font-size:10pt;' > of the Company&#8217;s broadcast communication tower sites and related assets for </font><font style='font-family:Times New Roman;font-size:10pt;' >approximately </font><font style='font-family:Times New Roman;font-size:10pt;' >$</font><font style='font-family:Times New Roman;font-size:10pt;' >5.9</font><font style='font-family:Times New Roman;font-size:10pt;' > million. Simultaneous with the sale, the Company entered into lease agreements for the</font><font style='font-family:Times New Roman;font-size:10pt;' > continued use of </font><font style='font-family:Times New Roman;font-size:10pt;' >seven of </font><font style='font-family:Times New Roman;font-size:10pt;' >the towers</font><font style='font-family:Times New Roman;font-size:10pt;' >, pursuant to which the Company will have annual lease payments of $0.3 million. </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >The leases entered into as a part of these transactions are for a term of fifteen years and include three optional five-year renewal peri</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >ods</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:12.75pt;' ><td colspan='6' rowspan='1' style='width:540pt;text-align:left;border-color:Black;min-width:540pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >Property, Plant and Equipment</font></td></tr><tr style='height:28.5pt;' ><td colspan='6' rowspan='1' style='width:540pt;text-align:justify;border-color:Black;min-width:540pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >The Company&#8217;s property, plant and equipment consisted of the following classes of assets as of June 30, 2015 and December 31, 2014, respectively:</font></td></tr><tr style='height:12.75pt;' ><td style='width:379.5pt;text-align:right;border-color:Black;min-width:379.5pt;' ></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:left;border-color:Black;min-width:67.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:left;border-color:Black;min-width:67.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:379.5pt;text-align:left;border-color:Black;min-width:379.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;color:#000000;' >(In thousands)</font></td><td colspan='2' rowspan='1' style='width:76.5pt;text-align:center;border-color:Black;min-width:76.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >June 30,</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:76.5pt;text-align:center;border-color:Black;min-width:76.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >December 31,</font></td></tr><tr style='height:12.75pt;' ><td style='width:379.5pt;text-align:left;border-color:Black;min-width:379.5pt;' ></td><td colspan='2' rowspan='1' style='width:76.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:76.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2015</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:76.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:76.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2014</font></td></tr><tr style='height:12.75pt;' ><td style='width:379.5pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:379.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Land, buildings and improvements</font></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 626,050 </font></td><td style='width:7.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 731,925 </font></td></tr><tr style='height:12.75pt;' ><td style='width:379.5pt;text-align:left;border-color:Black;min-width:379.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Structures</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 3,005,159 </font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 2,999,582 </font></td></tr><tr style='height:12.75pt;' ><td style='width:379.5pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:379.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Towers, transmitters and studio equipment</font></td><td style='width:9pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 341,815 </font></td><td style='width:7.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 453,044 </font></td></tr><tr style='height:12.75pt;' ><td style='width:379.5pt;text-align:left;border-color:Black;min-width:379.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Furniture and other equipment</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 563,168 </font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 536,255 </font></td></tr><tr style='height:12.75pt;' ><td style='width:379.5pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:379.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Construction in progress</font></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 70,953 </font></td><td style='width:7.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 95,671 </font></td></tr><tr style='height:12.75pt;' ><td style='width:379.5pt;text-align:left;border-color:Black;min-width:379.5pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 4,607,145 </font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 4,816,477 </font></td></tr><tr style='height:12.75pt;' ><td style='width:379.5pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:379.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Less: accumulated depreciation</font></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 2,202,219 </font></td><td style='width:7.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 2,117,413 </font></td></tr><tr style='height:12.75pt;' ><td style='width:379.5pt;text-align:left;border-color:Black;min-width:379.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other property, plant and equipment, net</font></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 2,404,926 </font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 2,699,064 </font></td></tr></table></div><p style='line-height:20pt;' /><div><p style='text-align:left;margin-top:0pt;margin-bottom:6pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >Indefinite-lived Intangible Assets</font></p><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company&#8217;s indefinite-lived intangible assets consist of Federal Communications Commission (&#8220;FCC&#8221;) broadcast licenses in its iHM segment and billboard permits in its Americas outdoor advertising segment. Due to </font><font style='font-family:Times New Roman;font-size:10pt;' >significant differences in both business practices and regulations, billboards in the International outdoor advertising segment and in Latin America are subject to long-term, finite contracts, unlike the Company&#8217;s permits in the United States and Canada. A</font><font style='font-family:Times New Roman;font-size:10pt;' >ccordingly, there are no indefinite-lived intangible assets in the International outdoor advertising segment.</font></p><p style='text-align:justify;line-height:12pt;' ></p><p style='text-align:justify;margin-top:0pt;margin-bottom:6pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >Other Intangible Assets</font></p><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Other intangible assets include definite-lived intangible assets and permanent easements. The Company&#8217;s definite-lived i</font><font style='font-family:Times New Roman;font-size:10pt;' >ntangible assets include primarily transit and street furniture contracts, talent and representation contracts, customer and advertiser relationships, and site-leases, all of which are amortized over the respective lives of the agreements</font><font style='font-family:Times New Roman;font-size:10pt;' > or over the peri</font><font style='font-family:Times New Roman;font-size:10pt;' >od of time the assets are expected to contribute directly or indirectly to the Company&#8217;s future cash flows. Permanent easements are indefinite-lived intangible assets which include certain rights to use real property not owned by the Company. The Company </font><font style='font-family:Times New Roman;font-size:10pt;' >periodically reviews the appropriateness of the amortization periods related to its definite-lived intangible assets. These assets are recorded at cost.</font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:25.5pt;' ><td colspan='13' rowspan='1' style='width:540pt;text-align:justify;border-color:Black;min-width:540pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >The following table presents the gross carrying amount and accumulated amortization for each major class of other intangible assets as of June 30, 2015 and December 31, 2014, respectively:</font></td></tr><tr style='height:12.75pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:204pt;text-align:left;border-color:Black;min-width:204pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:left;border-color:Black;min-width:67.5pt;' ></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:left;border-color:Black;min-width:67.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:left;border-color:Black;min-width:67.5pt;' ></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:left;border-color:Black;min-width:67.5pt;' ></td></tr><tr style='height:15pt;' ><td colspan='2' rowspan='1' style='width:219pt;text-align:left;border-color:Black;min-width:219pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;color:#000000;' >(In thousands)</font></td><td colspan='5' rowspan='1' style='width:156.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:156.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >June 30, 2015</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='5' rowspan='1' style='width:156.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:156.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >December 31, 2014</font></td></tr><tr style='height:26.25pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:204pt;text-align:center;border-color:Black;min-width:204pt;' ></td><td colspan='2' rowspan='1' style='width:76.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:76.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Gross Carrying Amount</font></td><td style='width:3.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td colspan='2' rowspan='1' style='width:76.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:76.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Accumulated Amortization</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:76.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:76.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Gross Carrying Amount</font></td><td style='width:3.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td colspan='2' rowspan='1' style='width:76.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:76.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Accumulated Amortization</font></td></tr><tr style='height:25.5pt;' ><td colspan='2' rowspan='1' style='width:219pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:219pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Transit, street furniture and other outdoor</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > contractual rights</font></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 675,466 </font></td><td style='width:3.75pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (465,228)</font></td><td style='width:7.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 716,723 </font></td><td style='width:3.75pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (476,523)</font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:219pt;text-align:left;border-color:Black;min-width:219pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Customer / advertiser relationships</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 1,222,518 </font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (831,137)</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 1,222,518 </font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (765,596)</font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:219pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:219pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Talent contracts</font></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 319,384 </font></td><td style='width:3.75pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;text-align:center;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (238,231)</font></td><td style='width:7.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 319,384 </font></td><td style='width:3.75pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (223,936)</font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:219pt;text-align:left;border-color:Black;min-width:219pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Representation contracts</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 241,158 </font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (215,977)</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 238,313 </font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (206,338)</font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:219pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:219pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Permanent easements</font></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 171,641 </font></td><td style='width:3.75pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;text-align:center;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > - </font></td><td style='width:7.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 171,271 </font></td><td style='width:3.75pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > - </font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:219pt;text-align:left;border-color:Black;min-width:219pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other</font></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 388,122 </font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (183,737)</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 388,160 </font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (177,249)</font></td></tr><tr style='height:12.75pt;' ><td style='width:15pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:15pt;' ></td><td style='width:204pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:204pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total</font></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 3,018,289 </font></td><td style='width:3.75pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (1,934,310)</font></td><td style='width:7.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 3,056,369 </font></td><td style='width:3.75pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (1,849,642)</font></td></tr></table></div><p style='line-height:20pt;' /><div><p style='text-align:justify;margin-top:0pt;margin-bottom:10pt;line-height:13.8pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;color:#000000;' >Total amortization expense related to definite-lived intangible assets for the three months ended June 30, 2015 and 2014 was $60.7 million and $66.3 million, respectively. Total amortization expense related to definite-lived intangible assets for the six months ended June 30, 2015 and 2014 was $123.6 million and $133.2 million, respectively.</font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:27pt;' ><td colspan='5' rowspan='1' style='width:536.25pt;text-align:justify;border-color:Black;min-width:536.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >As acquisitions and dispositions occur in the future, amortization expense may vary. The following table presents the Company&#8217;s estimate of amortization expense for each of the five succeeding fiscal years for definite-lived intangible assets:</font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;text-align:justify;border-color:Black;min-width:60pt;' ></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:408.75pt;text-align:left;border-color:Black;min-width:408.75pt;' ></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:67.5pt;text-align:left;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;color:#000000;' >(In thousands)</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:408.75pt;text-align:left;border-color:Black;min-width:408.75pt;' ></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:67.5pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2016</font></td><td style='width:15pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 220,130 </font></td><td style='width:408.75pt;text-align:left;border-color:Black;min-width:408.75pt;' ></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:67.5pt;text-align:left;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2017</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 197,105 </font></td><td style='width:408.75pt;text-align:left;border-color:Black;min-width:408.75pt;' ></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:67.5pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2018</font></td><td style='width:15pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:15pt;' ></td><td style='width:45pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 130,993 </font></td><td style='width:408.75pt;text-align:left;border-color:Black;min-width:408.75pt;' ></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:67.5pt;text-align:left;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2019</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 43,102 </font></td><td style='width:408.75pt;text-align:left;border-color:Black;min-width:408.75pt;' ></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:67.5pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2020</font></td><td style='width:15pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:15pt;' ></td><td style='width:45pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 36,115 </font></td><td style='width:408.75pt;text-align:left;border-color:Black;min-width:408.75pt;' ></td></tr></table></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:142.5pt;text-align:left;border-color:Black;min-width:142.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >Goodwill</font></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:left;border-color:Black;min-width:67.5pt;' ></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:left;border-color:Black;min-width:67.5pt;' ></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:left;border-color:Black;min-width:67.5pt;' ></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:left;border-color:Black;min-width:67.5pt;' ></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:left;border-color:Black;min-width:67.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:left;border-color:Black;min-width:67.5pt;' ></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:left;border-color:Black;min-width:67.5pt;' ></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:left;border-color:Black;min-width:67.5pt;' ></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:left;border-color:Black;min-width:67.5pt;' ></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:left;border-color:Black;min-width:67.5pt;' ></td></tr><tr style='height:12.75pt;' ><td colspan='16' rowspan='1' style='width:540pt;text-align:justify;border-color:Black;min-width:540pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >The following table presents the changes in the carrying amount of goodwill in each of the Company&#8217;s reportable segments:</font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:left;border-color:Black;min-width:67.5pt;' ></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:left;border-color:Black;min-width:67.5pt;' ></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:left;border-color:Black;min-width:67.5pt;' ></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:left;border-color:Black;min-width:67.5pt;' ></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:left;border-color:Black;min-width:67.5pt;' ></td></tr><tr style='height:39.75pt;' ><td colspan='2' rowspan='1' style='width:142.5pt;text-align:left;border-color:Black;min-width:142.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;color:#000000;' >(In thousands)</font></td><td colspan='2' rowspan='1' style='width:76.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:76.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >iHM</font></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td colspan='2' rowspan='1' style='width:76.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:76.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Americas Outdoor Advertising</font></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td colspan='2' rowspan='1' style='width:76.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:76.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >International Outdoor Advertising</font></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td colspan='2' rowspan='1' style='width:76.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:76.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other</font></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td colspan='2' rowspan='1' style='width:76.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:76.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Consolidated</font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:142.5pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:142.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Balance as of December 31, 2013</font></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCECFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 3,234,807 </font></td><td style='width:3.75pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCECFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 585,227 </font></td><td style='width:3.75pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCECFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 264,907 </font></td><td style='width:3.75pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCECFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 117,246 </font></td><td style='width:3.75pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCECFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 4,202,187 </font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Acquisitions</font></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 17,900 </font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > - </font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > - </font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 299 </font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 18,199 </font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:135pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Foreign currency</font></td><td style='width:9pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > - </font></td><td style='width:3.75pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (653)</font></td><td style='width:3.75pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (32,369)</font></td><td style='width:3.75pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > - </font></td><td style='width:3.75pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (33,022)</font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other</font></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 60 </font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > - </font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > - </font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > - </font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 60 </font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:142.5pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:142.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Balance as of December 31, 2014</font></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCECFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 3,252,767 </font></td><td style='width:3.75pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCECFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 584,574 </font></td><td style='width:3.75pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCECFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 232,538 </font></td><td style='width:3.75pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCECFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 117,545 </font></td><td style='width:3.75pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCECFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 4,187,424 </font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Acquisitions</font></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > - </font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > - </font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > - </font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > - </font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > - </font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:135pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Foreign currency</font></td><td style='width:9pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > - </font></td><td style='width:3.75pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (312)</font></td><td style='width:3.75pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (9,340)</font></td><td style='width:3.75pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > - </font></td><td style='width:3.75pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (9,652)</font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other</font></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > - </font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > - </font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > - </font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > - </font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > - </font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:142.5pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:142.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Balance as of June 30, 2015</font></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;background-color:#CCECFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 3,252,767 </font></td><td style='width:3.75pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;background-color:#CCECFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 584,262 </font></td><td style='width:3.75pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;background-color:#CCECFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 223,198 </font></td><td style='width:3.75pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;background-color:#CCECFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 117,545 </font></td><td style='width:3.75pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3.75pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;background-color:#CCECFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 4,177,772 </font></td></tr></table></div> <div><table style='border-collapse:collapse;' ><tr style='height:24pt;' ><td colspan='7' rowspan='1' style='width:540pt;text-align:left;border-color:Black;min-width:540pt;' ><font style='font-family:Times New Roman;font-size:11pt;font-weight:bold;color:#000000;' >NOTE 3 &#8211; LONG-TERM DEBT</font></td></tr><tr style='height:12.75pt;' ><td colspan='7' rowspan='1' style='width:540pt;text-align:left;border-color:Black;min-width:540pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Long-term debt outstanding as of June 30, 2015 and December 31, 2014 consisted of the following:</font></td></tr><tr style='height:12.75pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:364.5pt;text-align:left;border-color:Black;min-width:364.5pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:left;border-color:Black;min-width:67.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:left;border-color:Black;min-width:67.5pt;' ></td></tr><tr style='height:15pt;' ><td colspan='2' rowspan='1' style='width:379.5pt;text-align:left;border-color:Black;min-width:379.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;color:#000000;' >(In thousands)</font></td><td colspan='2' rowspan='1' style='width:76.5pt;text-align:center;border-color:Black;min-width:76.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >June 30,</font></td><td colspan='1' rowspan='2' style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:76.5pt;text-align:center;border-color:Black;min-width:76.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >December 31,</font></td></tr><tr style='height:15pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:364.5pt;text-align:left;border-color:Black;min-width:364.5pt;' ></td><td colspan='2' rowspan='1' style='width:76.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:76.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2015</font></td><td colspan='2' rowspan='1' style='width:76.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:76.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2014</font></td></tr><tr style='height:15.75pt;' ><td colspan='2' rowspan='1' style='width:379.5pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:379.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Senior Secured Credit Facilities</font>^{<font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font>}</td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > $6,300,000 </font></td><td style='width:7.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > $7,231,222 </font></td></tr><tr style='height:15.75pt;' ><td colspan='2' rowspan='1' style='width:379.5pt;text-align:left;border-color:Black;min-width:379.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Receivables Based Credit Facility Due 2017</font>^{<font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(2)</font>}</td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > - </font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > - </font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:379.5pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:379.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >9.0% Priority Guarantee Notes Due 2019</font></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 1,999,815 </font></td><td style='width:7.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 1,999,815 </font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:379.5pt;text-align:left;border-color:Black;min-width:379.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >9.0% Priority Guarantee Notes Due 2021</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 1,750,000 </font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 1,750,000 </font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:379.5pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:379.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >11.25% Priority Guarantee Notes Due 2021</font></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 575,000 </font></td><td style='width:7.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 575,000 </font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:379.5pt;text-align:left;border-color:Black;min-width:379.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >9.0% Priority Guarantee Notes Due 2022</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 1,000,000 </font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 1,000,000 </font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:379.5pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:379.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >10.625% Priority Guarantee Notes Due 2023</font></td><td style='width:9pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 950,000 </font></td><td style='width:7.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > - </font></td></tr><tr style='height:15.75pt;' ><td colspan='2' rowspan='1' style='width:379.5pt;text-align:left;border-color:Black;min-width:379.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Subsidiary Revolving Credit Facility Due 2018</font>^{<font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(3)</font>}</td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > - </font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > - </font></td></tr><tr style='height:15.75pt;' ><td colspan='2' rowspan='1' style='width:379.5pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:379.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other Secured Subsidiary Debt</font>^{<font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(4)</font>}</td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 17,404 </font></td><td style='width:7.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 19,257 </font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:379.5pt;text-align:left;border-color:Black;min-width:379.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total Consolidated Secured Debt</font></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 12,592,219 </font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 12,575,294 </font></td></tr><tr style='height:12.75pt;' ><td style='width:15pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:15pt;' ></td><td style='width:364.5pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:364.5pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ></td><td style='width:7.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ></td></tr><tr style='height:15.75pt;' ><td colspan='2' rowspan='1' style='width:379.5pt;text-align:left;border-color:Black;min-width:379.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >14.0% Senior Notes Due 2021</font>^{<font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(5)</font>}</td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 1,678,314 </font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 1,661,697 </font></td></tr><tr style='height:15.75pt;' ><td colspan='2' rowspan='1' style='width:379.5pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:379.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >The Company&#39;s Legacy Notes</font>^{<font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(6)</font>}</td><td style='width:9pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 667,900 </font></td><td style='width:7.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 667,900 </font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:379.5pt;text-align:left;border-color:Black;min-width:379.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >10.0% Senior Notes Due 2018</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 730,000 </font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 730,000 </font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:379.5pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:379.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Subsidiary Senior Notes due 2022</font></td><td style='width:9pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 2,725,000 </font></td><td style='width:7.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 2,725,000 </font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:379.5pt;text-align:left;border-color:Black;min-width:379.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Subsidiary Senior Subordinated Notes due 2020</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 2,200,000 </font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 2,200,000 </font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:379.5pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:379.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other Subsidiary Debt</font></td><td style='width:9pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 302 </font></td><td style='width:7.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 1,024 </font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:379.5pt;text-align:left;border-color:Black;min-width:379.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Purchase accounting adjustments and original issue discount </font></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (219,207)</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (234,897)</font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:379.5pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:379.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total debt</font></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 20,374,528 </font></td><td style='width:7.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 20,326,018 </font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:379.5pt;text-align:left;border-color:Black;min-width:379.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Less: current portion</font></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 2,725 </font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 3,604 </font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:379.5pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:379.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total long-term debt</font></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 20,371,803 </font></td><td style='width:7.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;background-color:#CCECFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;background-color:#CCECFF;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 20,322,414 </font></td></tr><tr style='height:12.75pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:364.5pt;text-align:left;border-color:Black;min-width:364.5pt;' ></td><td style='width:9pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:67.5pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:67.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:67.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' >^{<font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font>}</td><td colspan='6' rowspan='1' style='width:525pt;text-align:left;border-color:Black;min-width:525pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Term Loan D and Term Loan E mature in 2019.</font></td></tr><tr style='height:26.25pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' >^{<font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(2)</font>}</td><td colspan='6' rowspan='1' style='width:525pt;text-align:left;border-color:Black;min-width:525pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >The Receivables Based Credit Facility provides for borrowings up to the lesser of $535.0 million (the revolving credit commitment) or the borrowing base, subject to certain limitations contained in the Company&#39;s material financing agreements.</font></td></tr><tr style='height:12.75pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' >^{<font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(3)</font>}</td><td colspan='6' rowspan='1' style='width:525pt;text-align:left;border-color:Black;min-width:525pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >The Subsidiary Revolving Credit Facility provides for borrowings up to $75.0 million (the revolving credit commitment).</font></td></tr><tr style='height:12.75pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' >^{<font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(4)</font>}</td><td colspan='6' rowspan='1' style='width:525pt;text-align:left;border-color:Black;min-width:525pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other secured subsidiary debt matures at various dates from 2015 through 2045.</font></td></tr><tr style='height:12.75pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' >^{<font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(5)</font>}</td><td colspan='6' rowspan='1' style='width:525pt;text-align:left;border-color:Black;min-width:525pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >The 14.0% Senior Notes due 2021are subject to required payments at various dates from 2018 through 2021.</font></td></tr><tr style='height:25.5pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' >^{<font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(6)</font>}</td><td colspan='6' rowspan='1' style='width:525pt;text-align:left;border-color:Black;min-width:525pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >The Company&#39;s Legacy Notes, all of which were issued prior to the acquisition of the Company by Parent in 2008, consist of Senior Notes maturing at various dates in 2016, 2018 and 2027.</font></td></tr></table></div><p style='line-height:20pt;' /><div><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;color:#000000;' >The Company&#8217;s we</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >ighted average interest rates as of</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >June 30, 2015 and December 31, 2014</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > were </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8.4</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >% and </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8.1</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >%, respectively. The aggregate market value of the Company&#8217;s debt based on market prices for which quotes were available was approximately $19.2 billion and $19.7</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > billion as of</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >June 30, 2015 and December 31, 2014</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >, respectively. Under the fair value hierarchy established by ASC 820-10-35, the market value of the Company&#8217;s debt is classified as either Level 1 or Level 2.</font></p><p style='text-align:justify;line-height:12pt;' ></p><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;color:#000000;' >Debt Issuance</font></p><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;color:#000000;' >&#160;</font></p><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;color:#000000;' >On February 26, 2015, the Company</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > iss</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >ued at par $950.0</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >&#160;</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >million aggregate principal amount of</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >&#160;</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >10.625% Priority Guarantee Notes due 2023.&#160; The notes mature on March 15, 2023 and bear interest at a rate of 10.625% per annum, payable semi-annually in arrears on March 15 and September 15 of each y</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >ear, beginning on September 15, 2015.&#160; T</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >he Company </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >used the net proceeds from the offering primarily to prepay its term loan facilities due 2016.</font></p><p style='text-align:justify;line-height:12pt;' ></p><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;color:#000000;' >Duri</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >ng the first quarter of 2015, </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >the Company </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >borrowed $120.0 mi</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >llion principal amount unde</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >r </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >its </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >r</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >eceivables </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >b</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >ased </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >credit f</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >acility due 2017</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >. During the second quarter of 2015, all outstanding amounts under the receivables based credit facility were repaid</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >.</font></p><p style='text-align:justify;line-height:12pt;' ></p><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ></p></div><p style='line-height:20pt;' /><div><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;color:#000000;' >Debt Repayments, Maturities and Other</font></p><p style='text-align:justify;line-height:12pt;' ></p><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;color:#000000;' >On February 26, 2015, </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >the Company </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >prepaid at par $916.1</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >&#160;</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >million of loans outstanding under its Term Loan B facility and $15.2</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >&#160;</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >million of loans outstanding under its Term Loan C asset sale facility, using the net proceeds of the Priority Guarantee Notes due 2023 issued on such date.</font></p></div><p style='line-height:20pt;' /><div><p style='text-align:left;margin-top:0pt;margin-bottom:6pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >Surety Bonds, Letters of Credit and </font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;' >G</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;' >uarantees</font></p><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >As of </font><font style='font-family:Times New Roman;font-size:10pt;' >June 30,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2015</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >the Company </font><font style='font-family:Times New Roman;font-size:10pt;' >had outstanding surety bonds, commercial standby letters of credit and bank guarantees of $57.8</font><font style='font-family:Times New Roman;font-size:10pt;' >&#160;million</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >$</font><font style='font-family:Times New Roman;font-size:10pt;' >108.6</font><font style='font-family:Times New Roman;font-size:10pt;' >&#160;million</font><font style='font-family:Times New Roman;font-size:10pt;' > and $54.2</font><font style='font-family:Times New Roman;font-size:10pt;' > milli</font><font style='font-family:Times New Roman;font-size:10pt;' >on</font><font style='font-family:Times New Roman;font-size:10pt;' >, respectively</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font><font style='font-family:Times New Roman;font-size:10pt;' > Bank guarantees of </font><font style='font-family:Times New Roman;font-size:10pt;' >$13.2 million</font><font style='font-family:Times New Roman;font-size:10pt;' > were cash secured. These surety bonds, letters of credit and bank guarantees relate to various operational matters including insurance, bid, concession and performance bonds as well as other items.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font></p></div> <div><table style='border-collapse:collapse;' ><tr style='height:24.75pt;' ><td colspan='10' rowspan='1' style='width:540pt;text-align:left;border-color:Black;min-width:540pt;' ><font style='font-family:Times New Roman;font-size:11pt;font-weight:bold;color:#000000;' >NOTE 6 &#8211; SHAREHOLDER&#8217;S DEFICIT</font></td></tr><tr style='height:41.25pt;' ><td colspan='10' rowspan='1' style='width:540pt;text-align:justify;border-color:Black;min-width:540pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >The Company reports its noncontrolling interests in consolidated subsidiaries as a component of equity separate from the Company&#8217;s equity. The following table shows the changes in shareholder&#8217;s deficit attributable to the Company and the noncontrolling interests of subsidiaries in which the Company has a majority, but not total, ownership interest:</font></td></tr><tr style='height:12.75pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:269.25pt;text-align:left;border-color:Black;min-width:269.25pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' ></td></tr><tr style='height:25.5pt;' ><td colspan='2' rowspan='1' style='width:284.25pt;text-align:left;border-color:Black;min-width:284.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;color:#000000;' >(In thousands)</font></td><td colspan='2' rowspan='1' style='width:80.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:80.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >The Company</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:80.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:80.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Noncontrolling </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Interests</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:80.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:80.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Consolidated</font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:284.25pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:284.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Balances as of January 1, 2015</font></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:71.25pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (9,889,348)</font></td><td style='width:7.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:71.25pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 224,140 </font></td><td style='width:7.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:71.25pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (9,665,208)</font></td></tr><tr style='height:12.75pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:269.25pt;text-align:left;border-color:Black;min-width:269.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net income (loss)</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:right;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (439,432)</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:right;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 5,484 </font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:right;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (433,948)</font></td></tr><tr style='height:12.75pt;' ><td style='width:15pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:15pt;' ></td><td style='width:269.25pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:269.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Dividends and other payments to noncontrolling interests</font></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > - </font></td><td style='width:7.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (28,099)</font></td><td style='width:7.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (28,099)</font></td></tr><tr style='height:12.75pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:269.25pt;text-align:left;border-color:Black;min-width:269.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Purchase of additional noncontrolling interests</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:right;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (40,742)</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:right;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (1,822)</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:right;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (42,564)</font></td></tr><tr style='height:12.75pt;' ><td style='width:15pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:15pt;' ></td><td style='width:269.25pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:269.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Foreign currency translation adjustments</font></td><td style='width:9pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (69,288)</font></td><td style='width:7.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (10,593)</font></td><td style='width:7.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (79,881)</font></td></tr><tr style='height:12.75pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:269.25pt;text-align:left;border-color:Black;min-width:269.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Unrealized holding gain on marketable securities</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:right;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 618 </font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:right;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 71 </font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:right;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 689 </font></td></tr><tr style='height:12.75pt;' ><td style='width:15pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:15pt;' ></td><td style='width:269.25pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:269.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other adjustments to comprehensive loss</font></td><td style='width:9pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (1,036)</font></td><td style='width:7.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (118)</font></td><td style='width:7.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (1,154)</font></td></tr><tr style='height:12.75pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:269.25pt;text-align:left;border-color:Black;min-width:269.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Reclassifications</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:right;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > - </font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:right;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > - </font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:right;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > - </font></td></tr><tr style='height:12.75pt;' ><td style='width:15pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:15pt;' ></td><td style='width:269.25pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:269.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other, net</font></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;background-color:#CCECFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 975 </font></td><td style='width:7.5pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;background-color:#CCECFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 8,414 </font></td><td style='width:7.5pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;background-color:#CCECFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 9,389 </font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:284.25pt;text-align:left;border-color:Black;min-width:284.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Balances as of June 30, 2015</font></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:71.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(10,438,253)</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:71.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >197,477 </font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:71.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(10,240,776)</font></td></tr></table></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:30pt;' ><td colspan='2' rowspan='1' style='width:284.25pt;text-align:left;border-color:Black;min-width:284.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;color:#000000;' >(In thousands)</font></td><td colspan='2' rowspan='1' style='width:80.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:80.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >The Company</font></td><td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' ></td><td colspan='2' rowspan='1' style='width:80.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:80.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Noncontrolling </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Interests</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:80.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:80.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Consolidated</font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:284.25pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:284.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Balances as of January 1, 2014</font></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:71.25pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(8,942,166)</font></td><td style='width:8.25pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:8.25pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:71.25pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 245,531 </font></td><td style='width:7.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:71.25pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(8,696,635)</font></td></tr><tr style='height:12.75pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:269.25pt;text-align:left;border-color:Black;min-width:269.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net income (loss)</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:right;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (610,820)</font></td><td style='width:8.25pt;text-align:right;border-color:Black;min-width:8.25pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:right;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 6,651 </font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:right;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (604,169)</font></td></tr><tr style='height:12.75pt;' ><td style='width:15pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:15pt;' ></td><td style='width:269.25pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:269.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Dividends and other payments to noncontrolling interests</font></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > - </font></td><td style='width:8.25pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:8.25pt;' ></td><td style='width:9pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (9,673)</font></td><td style='width:7.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (9,673)</font></td></tr><tr style='height:12.75pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:269.25pt;text-align:left;border-color:Black;min-width:269.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Foreign currency translation adjustments</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:right;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (9,426)</font></td><td style='width:8.25pt;text-align:right;border-color:Black;min-width:8.25pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:right;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (5,023)</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:right;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (14,449)</font></td></tr><tr style='height:12.75pt;' ><td style='width:15pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:15pt;' ></td><td style='width:269.25pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:269.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Unrealized holding gain on marketable securities</font></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 598 </font></td><td style='width:8.25pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:8.25pt;' ></td><td style='width:9pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 81 </font></td><td style='width:7.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 679 </font></td></tr><tr style='height:12.75pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:269.25pt;text-align:left;border-color:Black;min-width:269.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Reclassifications</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:right;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 3,309 </font></td><td style='width:8.25pt;text-align:right;border-color:Black;min-width:8.25pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:right;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > - </font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:right;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 3,309 </font></td></tr><tr style='height:12.75pt;' ><td style='width:15pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:15pt;' ></td><td style='width:269.25pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:269.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other, net</font></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 705 </font></td><td style='width:8.25pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:8.25pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 4,991 </font></td><td style='width:7.5pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 5,696 </font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:284.25pt;text-align:left;border-color:Black;min-width:284.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Balances as of June 30, 2014</font></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:71.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (9,557,800)</font></td><td style='width:8.25pt;text-align:right;border-color:Black;min-width:8.25pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:71.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 242,558 </font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:71.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (9,315,242)</font></td></tr></table></div><p style='line-height:20pt;' /><div><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company does not have any compensation plans under which it grants awards to employees. Parent and CCOH have granted </font><font style='font-family:Times New Roman;font-size:10pt;' >restricted stock, restricted stock units and </font><font style='font-family:Times New Roman;font-size:10pt;' >options to purchase shares of their Class </font><font style='font-family:Times New Roman;font-size:10pt;' >A</font><font style='font-family:Times New Roman;font-size:10pt;' > common stock to certain key individuals.</font></p></div> <div><p style='text-align:left;margin-top:0pt;margin-bottom:6pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:11pt;font-weight:bold;margin-left:0pt;color:#000000;' >NOTE </font><font style='font-family:Times New Roman;font-size:11pt;font-weight:bold;color:#000000;' >9</font><font style='font-family:Times New Roman;font-size:11pt;font-weight:bold;' > &#8211; CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:6pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;color:#000000;' >The Company is a party to a management agreement with certain affiliates of the Sponsors and certain other parties pursuant to which such affiliates of the Sponsors will </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >provide management and financial advisory services until 2018. These agreements require management fees to be paid to such affiliates of the Sponsors for such services at a rate not greater than $15.0 million per year, plus reimbursable expenses. For the</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > three months ended </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >June 30,</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2015</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > and </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >, the Company recognized management fees and reimbursable expenses of $3.</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >9</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > million and $</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3.7</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > million, respectively. For the </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >six</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > months ended </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >June 30,</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2015</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > and </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >,</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > the Company recognized management fees and reimbursable expenses of $</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7.8</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > million and $</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7.7</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > million, respectively.</font></p></div><p style='line-height:20pt;' /><div><p style='text-align:justify;margin-top:0pt;margin-bottom:6pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;color:#000000;' >Stock Purchases</font></p><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;color:#000000;' >On August&#160;9, 2010, </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >we</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > announced that </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >our</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > board of directors approved a stock purchase program under which </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >we</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > or </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >our</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > subsidiaries may purchase up to an aggregate of $</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >100.0</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >&#160;million of the Class&#160;A common stock of Parent and/or the Class&#160;A common stock of CCOH. The stock purchase program </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >did</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >not </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >have a fixed expiration date and </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >could</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > be modified, suspended or terminated at any time at </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >our</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > discretion.</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > As o</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >f December 31, 2014, an aggregate $34.2 million was available under this program. In January 2015, CC </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Finco</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >, LLC (&#8220;CC </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Finco</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >&#8221;), an indirect wholly-owned subsidiary of the Company, purchased 2,000,000 shares of CCOH&#8217;s Class A common stock for $20.4 million.</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > On April 2, 2015, CC </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Finco</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > purchased an additional 2,172,946 shares of CCOH&#8217;s Class A common stock for $22.2 million</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >, increasing </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >our</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > collective holdings to represent slightly more than </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >90</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >% of the outstanding shares of CCOH&#8217;s common s</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >tock on a fully-diluted basis, assuming the conversion of all of CCOH&#8217;s Class B common stock into Class A common stock. As a result of this purchase, the stock purchase program concluded. The purchase of shares in excess of the amount available under the s</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >tock purchase program was separately approved by the board of directors.</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font></p><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ></p></div> -509138000 2944423000 78682000 -439432000 505341000 -355266000 -79881000 338847000 689000 -359000 -1154000 1193784000 -519778000 0 -2201000 -10640000 0 157880000 91780000 579000 840351000 36102000 -433948000 5484000 894728000 <div><table style='border-collapse:collapse;' ><tr style='height:15pt;' ><td colspan='12' rowspan='1' style='width:540pt;text-align:left;border-color:Black;min-width:540pt;' ><font style='font-family:Times New Roman;font-size:11pt;font-weight:bold;color:#000000;' >NOTE 5 &#8211; INCOME TAXES</font></td></tr><tr style='height:15pt;' ><td style='width:196.5pt;text-align:left;border-color:Black;min-width:196.5pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' ></td></tr><tr style='height:15pt;' ><td colspan='12' rowspan='1' style='width:540pt;text-align:left;border-color:Black;min-width:540pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >Income Tax Benefit (Expense)</font></td></tr><tr style='height:30pt;' ><td colspan='12' rowspan='1' style='width:540pt;text-align:left;border-color:Black;min-width:540pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >The Company&#8217;s income tax benefit (expense) for the three and six months ended June 30, 2015 and 2014, respectively, consisted of the following components:</font></td></tr><tr style='height:15pt;' ><td style='width:196.5pt;text-align:left;border-color:Black;min-width:196.5pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' ></td></tr><tr style='height:15pt;' ><td style='width:196.5pt;text-align:left;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;color:#000000;' >(In thousands)</font></td><td colspan='5' rowspan='1' style='width:168pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:168pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Three Months Ended June 30,</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td colspan='5' rowspan='1' style='width:168pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:168pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Six Months Ended June 30,</font></td></tr><tr style='height:15pt;' ><td style='width:196.5pt;text-align:left;border-color:Black;min-width:196.5pt;' ></td><td colspan='2' rowspan='1' style='width:80.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:80.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2015</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:80.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:80.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2014</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:80.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:80.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2015</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:80.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:80.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2014</font></td></tr><tr style='height:15pt;' ><td style='width:196.5pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Current tax benefit (expense)</font></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:71.25pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (23,309)</font></td><td style='width:7.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:71.25pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 7,492 </font></td><td style='width:7.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:71.25pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (63,694)</font></td><td style='width:7.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:71.25pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (35,587)</font></td></tr><tr style='height:15pt;' ><td style='width:196.5pt;text-align:left;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Deferred tax benefit (expense)</font></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 1,232 </font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (6,871)</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (14,988)</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (32,179)</font></td></tr><tr style='height:15pt;' ><td style='width:196.5pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Income tax benefit (expense)</font></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:71.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (22,077)</font></td><td style='width:7.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:71.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 621 </font></td><td style='width:7.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:71.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (78,682)</font></td><td style='width:7.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:71.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (67,766)</font></td></tr></table></div><p style='line-height:20pt;' /><div><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The </font><font style='font-family:Times New Roman;font-size:10pt;' >effective tax rates </font><font style='font-family:Times New Roman;font-size:10pt;' >for the three and </font><font style='font-family:Times New Roman;font-size:10pt;' >six</font><font style='font-family:Times New Roman;font-size:10pt;' > months ended </font><font style='font-family:Times New Roman;font-size:10pt;' >June 30,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2015</font><font style='font-family:Times New Roman;font-size:10pt;' > were</font><font style='font-family:Times New Roman;font-size:10pt;' > (</font><font style='font-family:Times New Roman;font-size:10pt;' >87.5</font><font style='font-family:Times New Roman;font-size:10pt;' >)</font><font style='font-family:Times New Roman;font-size:10pt;' >% and (</font><font style='font-family:Times New Roman;font-size:10pt;' >22.2</font><font style='font-family:Times New Roman;font-size:10pt;' >)%, respectively</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font><font style='font-family:Times New Roman;font-size:10pt;' >The effective tax rates for the three and </font><font style='font-family:Times New Roman;font-size:10pt;' >six</font><font style='font-family:Times New Roman;font-size:10pt;' > months ended </font><font style='font-family:Times New Roman;font-size:10pt;' >June 30,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' > were </font><font style='font-family:Times New Roman;font-size:10pt;' >0.4</font><font style='font-family:Times New Roman;font-size:10pt;' >% and</font><font style='font-family:Times New Roman;font-size:10pt;' > (</font><font style='font-family:Times New Roman;font-size:10pt;' >12.6</font><font style='font-family:Times New Roman;font-size:10pt;' >)</font><font style='font-family:Times New Roman;font-size:10pt;' >%</font><font style='font-family:Times New Roman;font-size:10pt;' >, respectively. </font><font style='font-family:Times New Roman;font-size:10pt;' >The effective tax rates </font><font style='font-family:Times New Roman;font-size:10pt;' >for the three and </font><font style='font-family:Times New Roman;font-size:10pt;' >six</font><font style='font-family:Times New Roman;font-size:10pt;' > months ended </font><font style='font-family:Times New Roman;font-size:10pt;' >June 30,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2015</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >and </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >were primarily impacted by the valuation allowance recorded against deferred tax assets resulting from </font><font style='font-family:Times New Roman;font-size:10pt;' >applicable</font><font style='font-family:Times New Roman;font-size:10pt;' > period net operating losses in U.S. federal, state and certain foreign jurisdictions due to the uncertainty of the ability to utilize</font><font style='font-family:Times New Roman;font-size:10pt;' > those assets in future periods</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font></p></div> 14988000 <div><p style='text-align:left;margin-top:0pt;margin-bottom:6pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:11pt;font-weight:bold;margin-left:0pt;' >NOTE </font><font style='font-family:Times New Roman;font-size:11pt;font-weight:bold;' >7</font><font style='font-family:Times New Roman;font-size:11pt;font-weight:bold;' > &#8212; OTHER INFORMATION</font></p></div><p style='line-height:20pt;' /><div><p style='text-align:left;margin-top:0pt;margin-bottom:6pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >Other Comprehensive Income (Loss)</font></p><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The total </font><font style='font-family:Times New Roman;font-size:10pt;' >(decrease) </font><font style='font-family:Times New Roman;font-size:10pt;' >increase </font><font style='font-family:Times New Roman;font-size:10pt;' >in deferre</font><font style='font-family:Times New Roman;font-size:10pt;' >d income tax liabilities of other comprehensive income (loss) related to </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >oreign currency translation adjustments and other </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >or the quarters ended </font><font style='font-family:Times New Roman;font-size:10pt;' >June 30,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2015</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' > were $</font><font style='font-family:Times New Roman;font-size:10pt;' >0</font><font style='font-family:Times New Roman;font-size:10pt;' >.0</font><font style='font-family:Times New Roman;font-size:10pt;' > millio</font><font style='font-family:Times New Roman;font-size:10pt;' >n and $</font><font style='font-family:Times New Roman;font-size:10pt;' >0.0</font><font style='font-family:Times New Roman;font-size:10pt;' > million, respectively</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >The total (decrease) increase in deferred income tax liabilities of other comprehensive income (loss) related to foreign currency translation adjustments and other for the </font><font style='font-family:Times New Roman;font-size:10pt;' >six</font><font style='font-family:Times New Roman;font-size:10pt;' > mont</font><font style='font-family:Times New Roman;font-size:10pt;' >hs </font><font style='font-family:Times New Roman;font-size:10pt;' >ended </font><font style='font-family:Times New Roman;font-size:10pt;' >June 30,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2015</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' > were </font><font style='font-family:Times New Roman;font-size:10pt;' >$</font><font style='font-family:Times New Roman;font-size:10pt;' >(</font><font style='font-family:Times New Roman;font-size:10pt;' >0.6) million and $8.2 million</font><font style='font-family:Times New Roman;font-size:10pt;' >,</font><font style='font-family:Times New Roman;font-size:10pt;' > respectively.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' > </font></p></div><p style='line-height:20pt;' /><div><p style='text-align:left;margin-top:0pt;margin-bottom:6pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >Barter and Trade</font></p><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Barte</font><font style='font-family:Times New Roman;font-size:10pt;' >r and trade revenues and expenses from continuing operations are included in consolidated revenue and selling, general and administrative expenses, respectively. Barter and trade revenues </font><font style='font-family:Times New Roman;font-size:10pt;' >were $</font><font style='font-family:Times New Roman;font-size:10pt;' >22.2</font><font style='font-family:Times New Roman;font-size:10pt;' > million and $</font><font style='font-family:Times New Roman;font-size:10pt;' >17.9</font><font style='font-family:Times New Roman;font-size:10pt;' > million </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >for the three months ended June 30, 2015 and 2014</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >, respectively</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >,</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > and $</font><font style='font-family:Times New Roman;font-size:10pt;' >52.2</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >million and $</font><font style='font-family:Times New Roman;font-size:10pt;' >31.5</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > million</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >for the six months ended June 30, 2015 and 2014</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >,</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > respectively</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font><font style='font-family:Times New Roman;font-size:10pt;' > Barter and trade expenses </font><font style='font-family:Times New Roman;font-size:10pt;' >were $</font><font style='font-family:Times New Roman;font-size:10pt;' >23.4</font><font style='font-family:Times New Roman;font-size:10pt;' > million and $</font><font style='font-family:Times New Roman;font-size:10pt;' >16.4</font><font style='font-family:Times New Roman;font-size:10pt;' > million </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >for the three months ended June 30, 2015 and 2014</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >, respectively</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >,</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > and $</font><font style='font-family:Times New Roman;font-size:10pt;' >51.5</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >million and $</font><font style='font-family:Times New Roman;font-size:10pt;' >29.9</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > million</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >for the six months ended June 30, 2015 and 2014</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >,</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > respectively</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font><font style='font-family:Times New Roman;font-size:10pt;' > </font></p></div> 950000000 101473000 50620000 122638000 -239606000 236375000 124877000 -61342000 393637000 42564000 12848000 2602000 -6126000 579000 -69575000 -4300000 4927000 38342000 -62044000 56230000 931324000 120000000 3970000 0 31494000 73764000 28994000 36546000 28099000 10021000 <div><table style='border-collapse:collapse;' ><tr style='height:24.75pt;' ><td colspan='10' rowspan='1' style='width:540pt;text-align:left;border-color:Black;min-width:540pt;' ><font style='font-family:Times New Roman;font-size:11pt;font-weight:bold;color:#000000;' >NOTE 6 &#8211; SHAREHOLDER&#8217;S DEFICIT</font></td></tr><tr style='height:41.25pt;' ><td colspan='10' rowspan='1' style='width:540pt;text-align:justify;border-color:Black;min-width:540pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >The Company reports its noncontrolling interests in consolidated subsidiaries as a component of equity separate from the Company&#8217;s equity. The following table shows the changes in shareholder&#8217;s deficit attributable to the Company and the noncontrolling interests of subsidiaries in which the Company has a majority, but not total, ownership interest:</font></td></tr><tr style='height:12.75pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:269.25pt;text-align:left;border-color:Black;min-width:269.25pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' ></td></tr><tr style='height:25.5pt;' ><td colspan='2' rowspan='1' style='width:284.25pt;text-align:left;border-color:Black;min-width:284.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;color:#000000;' >(In thousands)</font></td><td colspan='2' rowspan='1' style='width:80.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:80.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >The Company</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:80.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:80.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Noncontrolling </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Interests</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:80.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:80.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Consolidated</font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:284.25pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:284.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Balances as of January 1, 2015</font></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:71.25pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (9,889,348)</font></td><td style='width:7.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:71.25pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 224,140 </font></td><td style='width:7.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:71.25pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (9,665,208)</font></td></tr><tr style='height:12.75pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:269.25pt;text-align:left;border-color:Black;min-width:269.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net income (loss)</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:right;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (439,432)</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:right;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 5,484 </font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:right;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (433,948)</font></td></tr><tr style='height:12.75pt;' ><td style='width:15pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:15pt;' ></td><td style='width:269.25pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:269.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Dividends and other payments to noncontrolling interests</font></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > - </font></td><td style='width:7.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (28,099)</font></td><td style='width:7.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (28,099)</font></td></tr><tr style='height:12.75pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:269.25pt;text-align:left;border-color:Black;min-width:269.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Purchase of additional noncontrolling interests</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:right;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (40,742)</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:right;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (1,822)</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:right;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (42,564)</font></td></tr><tr style='height:12.75pt;' ><td style='width:15pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:15pt;' ></td><td style='width:269.25pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:269.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Foreign currency translation adjustments</font></td><td style='width:9pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (69,288)</font></td><td style='width:7.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (10,593)</font></td><td style='width:7.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (79,881)</font></td></tr><tr style='height:12.75pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:269.25pt;text-align:left;border-color:Black;min-width:269.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Unrealized holding gain on marketable securities</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:right;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 618 </font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:right;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 71 </font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:right;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 689 </font></td></tr><tr style='height:12.75pt;' ><td style='width:15pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:15pt;' ></td><td style='width:269.25pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:269.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other adjustments to comprehensive loss</font></td><td style='width:9pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (1,036)</font></td><td style='width:7.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (118)</font></td><td style='width:7.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (1,154)</font></td></tr><tr style='height:12.75pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:269.25pt;text-align:left;border-color:Black;min-width:269.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Reclassifications</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:right;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > - </font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:right;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > - </font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:right;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > - </font></td></tr><tr style='height:12.75pt;' ><td style='width:15pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:15pt;' ></td><td style='width:269.25pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:269.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other, net</font></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;background-color:#CCECFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 975 </font></td><td style='width:7.5pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;background-color:#CCECFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 8,414 </font></td><td style='width:7.5pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;background-color:#CCECFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 9,389 </font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:284.25pt;text-align:left;border-color:Black;min-width:284.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Balances as of June 30, 2015</font></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:71.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(10,438,253)</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:71.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >197,477 </font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:71.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(10,240,776)</font></td></tr></table></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:30pt;' ><td colspan='2' rowspan='1' style='width:284.25pt;text-align:left;border-color:Black;min-width:284.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;color:#000000;' >(In thousands)</font></td><td colspan='2' rowspan='1' style='width:80.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:80.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >The Company</font></td><td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' ></td><td colspan='2' rowspan='1' style='width:80.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:80.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Noncontrolling </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Interests</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:80.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:80.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Consolidated</font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:284.25pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:284.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Balances as of January 1, 2014</font></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:71.25pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(8,942,166)</font></td><td style='width:8.25pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:8.25pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:71.25pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 245,531 </font></td><td style='width:7.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:71.25pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(8,696,635)</font></td></tr><tr style='height:12.75pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:269.25pt;text-align:left;border-color:Black;min-width:269.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net income (loss)</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:right;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (610,820)</font></td><td style='width:8.25pt;text-align:right;border-color:Black;min-width:8.25pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:right;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 6,651 </font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:right;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (604,169)</font></td></tr><tr style='height:12.75pt;' ><td style='width:15pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:15pt;' ></td><td style='width:269.25pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:269.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Dividends and other payments to noncontrolling interests</font></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > - </font></td><td style='width:8.25pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:8.25pt;' ></td><td style='width:9pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (9,673)</font></td><td style='width:7.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (9,673)</font></td></tr><tr style='height:12.75pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:269.25pt;text-align:left;border-color:Black;min-width:269.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Foreign currency translation adjustments</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:right;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (9,426)</font></td><td style='width:8.25pt;text-align:right;border-color:Black;min-width:8.25pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:right;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (5,023)</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:right;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (14,449)</font></td></tr><tr style='height:12.75pt;' ><td style='width:15pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:15pt;' ></td><td style='width:269.25pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:269.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Unrealized holding gain on marketable securities</font></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 598 </font></td><td style='width:8.25pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:8.25pt;' ></td><td style='width:9pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 81 </font></td><td style='width:7.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 679 </font></td></tr><tr style='height:12.75pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:269.25pt;text-align:left;border-color:Black;min-width:269.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Reclassifications</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:right;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 3,309 </font></td><td style='width:8.25pt;text-align:right;border-color:Black;min-width:8.25pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:right;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > - </font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;text-align:right;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 3,309 </font></td></tr><tr style='height:12.75pt;' ><td style='width:15pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:15pt;' ></td><td style='width:269.25pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:269.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other, net</font></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 705 </font></td><td style='width:8.25pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:8.25pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 4,991 </font></td><td style='width:7.5pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:71.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 5,696 </font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:284.25pt;text-align:left;border-color:Black;min-width:284.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Balances as of June 30, 2014</font></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:71.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (9,557,800)</font></td><td style='width:8.25pt;text-align:right;border-color:Black;min-width:8.25pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:71.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 242,558 </font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:71.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (9,315,242)</font></td></tr></table></div> 0 <div><p style='text-align:left;margin-top:0pt;margin-bottom:6pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:11pt;font-weight:bold;margin-left:0pt;color:#000000;' >NOTE </font><font style='font-family:Times New Roman;font-size:11pt;font-weight:bold;color:#000000;' >8</font><font style='font-family:Times New Roman;font-size:11pt;font-weight:bold;color:#000000;' > &#8211; SEGMENT DATA</font></p><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company&#8217;s reportable segments, which it believes best reflect how the Company is currently managed, are </font><font style='font-family:Times New Roman;font-size:10pt;' >iHM</font><font style='font-family:Times New Roman;font-size:10pt;' >, Americas</font><font style='font-family:Times New Roman;font-size:10pt;' > outdoor advertising and International outdoor advertising. Revenue and expenses earned and charged between segments are recorded at </font><font style='font-family:Times New Roman;font-size:10pt;' >estimated </font><font style='font-family:Times New Roman;font-size:10pt;' >fair value and eliminated in consolidation. The </font><font style='font-family:Times New Roman;font-size:10pt;' >iHM</font><font style='font-family:Times New Roman;font-size:10pt;' > segment provides media and entertainment services via broad</font><font style='font-family:Times New Roman;font-size:10pt;' >cast and digital delivery and also includes the Company&#8217;s </font><font style='font-family:Times New Roman;font-size:10pt;' >events and </font><font style='font-family:Times New Roman;font-size:10pt;' >national syndication business</font><font style='font-family:Times New Roman;font-size:10pt;' >es</font><font style='font-family:Times New Roman;font-size:10pt;' >. The Americas outdoor advertising segment consists of operations pri</font><font style='font-family:Times New Roman;font-size:10pt;' >marily in the United States, </font><font style='font-family:Times New Roman;font-size:10pt;' >Canada</font><font style='font-family:Times New Roman;font-size:10pt;' > and Latin America</font><font style='font-family:Times New Roman;font-size:10pt;' >. The International outdoor</font><font style='font-family:Times New Roman;font-size:10pt;' > adv</font><font style='font-family:Times New Roman;font-size:10pt;' >ertising</font><font style='font-family:Times New Roman;font-size:10pt;' > segment primarily incl</font><font style='font-family:Times New Roman;font-size:10pt;' >udes operations in Europe, Asia</font><font style='font-family:Times New Roman;font-size:10pt;' > and Australia</font><font style='font-family:Times New Roman;font-size:10pt;' >. The Other category includes the Com</font><font style='font-family:Times New Roman;font-size:10pt;' >pany&#8217;s media representation business</font><font style='font-family:Times New Roman;font-size:10pt;' > as well as other general support services and init</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >atives </font><font style='font-family:Times New Roman;font-size:10pt;' >that</font><font style='font-family:Times New Roman;font-size:10pt;' > are ancillary to the Company&#8217;s other busi</font><font style='font-family:Times New Roman;font-size:10pt;' >nesses. Corporate includes infrastructure and support, including information technology, human resources, legal, finance</font><font style='font-family:Times New Roman;font-size:10pt;' > and administrative functions for</font><font style='font-family:Times New Roman;font-size:10pt;' > each of the Company&#8217;s </font><font style='font-family:Times New Roman;font-size:10pt;' >reportable </font><font style='font-family:Times New Roman;font-size:10pt;' >segments, as well as overall executive, administrative and support f</font><font style='font-family:Times New Roman;font-size:10pt;' >unctions. Share-based payments are recorded </font><font style='font-family:Times New Roman;font-size:10pt;' >in corporate expense.</font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:24.75pt;' ><td colspan='21' rowspan='1' style='width:552.75pt;text-align:left;border-color:Black;min-width:552.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >During the first quarter of 2015, the Company revised its segment reporting, as discussed in Note 1. The following table presents the Company&#8217;s reportable segment results for the three and six months ended June 30, 2015 and 2014:</font></td></tr><tr style='height:12pt;' ><td style='width:123pt;text-align:left;border-color:Black;min-width:123pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:left;border-color:Black;min-width:49.5pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:left;border-color:Black;min-width:49.5pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:left;border-color:Black;min-width:49.5pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:left;border-color:Black;min-width:49.5pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:left;border-color:Black;min-width:49.5pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:left;border-color:Black;min-width:49.5pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:left;border-color:Black;min-width:51.75pt;' ></td></tr><tr style='height:48.75pt;' ><td style='width:123pt;text-align:left;border-color:Black;min-width:123pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-style:italic;color:#000000;' >(In thousands)</font></td><td colspan='2' rowspan='1' style='width:58.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:58.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >iHM</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:58.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:58.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Americas Outdoor Advertising</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:58.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:58.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >International Outdoor Advertising</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:58.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:58.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Other</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:58.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:58.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Corporate and other reconciling items</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:58.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:58.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Eliminations</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:60.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:60.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Consolidated</font></td></tr><tr style='height:12pt;' ><td colspan='21' rowspan='1' style='width:552.75pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:552.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Three Months Ended June 30, 2015</font></td></tr><tr style='height:12pt;' ><td style='width:123pt;text-align:left;border-color:Black;min-width:123pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Revenue</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 840,701 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 341,286 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 381,533 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 40,040 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > (3,701)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 1,599,859 </font></td></tr><tr style='height:12pt;' ><td style='width:123pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:123pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Direct operating expenses</font></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 241,826 </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 149,712 </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 222,630 </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 3,039 </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > (1,942)</font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 615,265 </font></td></tr><tr style='height:24pt;' ><td style='width:123pt;text-align:left;border-color:Black;min-width:123pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Selling, general and</font><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > administrative expenses</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 266,523 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 57,346 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 75,176 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 26,877 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > (1,759)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 424,163 </font></td></tr><tr style='height:24pt;' ><td style='width:123pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:123pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Depreciation and</font><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > amortization</font></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 59,571 </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 51,113 </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 40,956 </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 7,611 </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 9,143 </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 168,394 </font></td></tr><tr style='height:12pt;' ><td style='width:123pt;text-align:left;border-color:Black;min-width:123pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Corporate expenses</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 80,592 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 80,592 </font></td></tr><tr style='height:12pt;' ><td style='width:123pt;text-align:left;background-color:#DBEEF4;border-color:Black;min-width:123pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Other operating income, net</font></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#DBEEF4;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;background-color:#DAEEF3;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#DBEEF4;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#DBEEF4;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;background-color:#DAEEF3;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#DBEEF4;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#DBEEF4;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;background-color:#DAEEF3;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#DBEEF4;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#DBEEF4;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;background-color:#DAEEF3;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#DBEEF4;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#DBEEF4;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;background-color:#DAEEF3;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 100,754 </font></td><td style='width:3pt;text-align:right;background-color:#DBEEF4;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#DBEEF4;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;background-color:#DAEEF3;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#DBEEF4;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#DBEEF4;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;background-color:#DAEEF3;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 100,754 </font></td></tr><tr style='height:12pt;' ><td style='width:123pt;text-align:left;border-color:Black;min-width:123pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Operating income </font></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 272,781 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 83,115 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 42,771 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 2,513 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 11,019 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 412,199 </font></td></tr><tr style='height:13.5pt;' ><td style='width:123pt;text-align:left;background-color:#DBEEF4;border-color:Black;min-width:123pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Intersegment revenues</font></td><td style='width:9pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#DBEEF4;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;border-top-style:double;border-top-width:3;text-align:right;background-color:#DAEEF3;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#DBEEF4;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#DBEEF4;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;border-top-style:double;border-top-width:3;text-align:right;background-color:#DAEEF3;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 1,062 </font></td><td style='width:3pt;text-align:right;background-color:#DBEEF4;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#DBEEF4;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;border-top-style:double;border-top-width:3;text-align:right;background-color:#DAEEF3;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#DBEEF4;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#DBEEF4;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;border-top-style:double;border-top-width:3;text-align:right;background-color:#DAEEF3;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 2,639 </font></td><td style='width:3pt;text-align:right;background-color:#DBEEF4;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#DBEEF4;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;border-top-style:double;border-top-width:3;text-align:right;background-color:#DAEEF3;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#DBEEF4;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#DBEEF4;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;border-top-style:double;border-top-width:3;text-align:right;background-color:#DAEEF3;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#DBEEF4;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#DBEEF4;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;border-top-style:double;border-top-width:3;text-align:right;background-color:#DAEEF3;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 3,701 </font></td></tr><tr style='height:12pt;' ><td style='width:123pt;text-align:left;border-color:Black;min-width:123pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Capital expenditures</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 15,414 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 15,664 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 31,752 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 2,097 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 3,495 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 68,422 </font></td></tr><tr style='height:24pt;' ><td style='width:123pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:123pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Share-based compensation</font><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > expense</font></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 2,403 </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 2,403 </font></td></tr><tr style='height:12pt;' ><td style='width:123pt;text-align:left;border-color:Black;min-width:123pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;border-color:Black;min-width:51.75pt;' ></td></tr><tr style='height:12pt;' ><td colspan='21' rowspan='1' style='width:552.75pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:552.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Three Months Ended June 30, 2014</font></td></tr><tr style='height:12pt;' ><td style='width:123pt;text-align:left;border-color:Black;min-width:123pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Revenue</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 806,337 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 344,346 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 436,859 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 47,227 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > (4,615)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 1,630,154 </font></td></tr><tr style='height:12pt;' ><td style='width:123pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:123pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Direct operating expenses</font></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 227,059 </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 153,875 </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 259,269 </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 6,348 </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > (1,681)</font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 644,870 </font></td></tr><tr style='height:24pt;' ><td style='width:123pt;text-align:left;border-color:Black;min-width:123pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Selling, general and</font><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > administrative expenses</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 250,681 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 58,448 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 81,823 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 30,910 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > (2,934)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 418,928 </font></td></tr><tr style='height:24pt;' ><td style='width:123pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:123pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Depreciation and</font><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > amortization</font></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 59,230 </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 49,848 </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 47,889 </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 8,655 </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 8,440 </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 174,062 </font></td></tr><tr style='height:12pt;' ><td style='width:123pt;text-align:left;border-color:Black;min-width:123pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Impairment charges</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 4,902 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 4,902 </font></td></tr><tr style='height:12pt;' ><td style='width:123pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:123pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Corporate expenses</font></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 82,197 </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 82,197 </font></td></tr><tr style='height:12pt;' ><td style='width:123pt;text-align:left;border-color:Black;min-width:123pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Other operating expense, net</font></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > (1,628)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > (1,628)</font></td></tr><tr style='height:12pt;' ><td style='width:123pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:123pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Operating income (loss)</font></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 269,367 </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 82,175 </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 47,878 </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 1,314 </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > (97,167)</font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 303,567 </font></td></tr><tr style='height:13.5pt;' ><td style='width:123pt;text-align:left;border-color:Black;min-width:123pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Intersegment revenues</font></td><td style='width:9pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 1,094 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 3,521 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 4,615 </font></td></tr><tr style='height:12pt;' ><td style='width:123pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:123pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Capital expenditures</font></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 10,392 </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 21,683 </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 31,776 </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 1,079 </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 9,083 </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 74,013 </font></td></tr><tr style='height:24.75pt;' ><td style='width:123pt;text-align:left;border-color:Black;min-width:123pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Share-based compensation</font><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > expense</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 2,782 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 2,782 </font></td></tr></table></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:24.75pt;' ><td colspan='21' rowspan='1' style='width:546.75pt;text-align:justify;border-color:Black;min-width:546.75pt;' ></td></tr><tr style='height:12pt;' ><td style='width:110.25pt;text-align:left;border-color:Black;min-width:110.25pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:left;border-color:Black;min-width:51.75pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:left;border-color:Black;min-width:51.75pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:left;border-color:Black;min-width:51.75pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:left;border-color:Black;min-width:49.5pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:left;border-color:Black;min-width:49.5pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:left;border-color:Black;min-width:49.5pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:left;border-color:Black;min-width:51.75pt;' ></td></tr><tr style='height:48.75pt;' ><td style='width:110.25pt;text-align:left;border-color:Black;min-width:110.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-style:italic;color:#000000;' >(In thousands)</font></td><td colspan='2' rowspan='1' style='width:60.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:60.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >iHM</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:60.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:60.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Americas Outdoor Advertising</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:60.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:60.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >International Outdoor Advertising</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:58.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:58.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Other</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:58.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:58.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Corporate and other reconciling items</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:58.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:58.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Eliminations</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:60.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:60.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Consolidated</font></td></tr><tr style='height:12pt;' ><td colspan='21' rowspan='1' style='width:546.75pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:546.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Six Months Ended June 30, 2015</font></td></tr><tr style='height:12pt;' ><td style='width:110.25pt;text-align:left;border-color:Black;min-width:110.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Revenue</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 1,538,502 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 637,149 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 700,713 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 75,502 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > (7,443)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 2,944,423 </font></td></tr><tr style='height:12pt;' ><td style='width:110.25pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:110.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Direct operating expenses</font></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 455,655 </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 295,946 </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 439,367 </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 6,437 </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > (3,621)</font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 1,193,784 </font></td></tr><tr style='height:24pt;' ><td style='width:110.25pt;text-align:left;border-color:Black;min-width:110.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Selling, general and</font><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > administrative expenses</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 527,872 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 112,983 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 146,669 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 56,649 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > (3,822)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 840,351 </font></td></tr><tr style='height:24pt;' ><td style='width:110.25pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:110.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Depreciation and</font><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > amortization</font></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 120,313 </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 101,453 </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 83,397 </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 15,277 </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 18,407 </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 338,847 </font></td></tr><tr style='height:12pt;' ><td style='width:110.25pt;text-align:left;border-color:Black;min-width:110.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Corporate expenses</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 157,880 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 157,880 </font></td></tr><tr style='height:12pt;' ><td style='width:110.25pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:110.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Other operating expense, net</font></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;background-color:#CCECFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;background-color:#CCECFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;background-color:#CCECFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;background-color:#CCECFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;background-color:#CCECFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 91,780 </font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;background-color:#CCECFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;background-color:#CCECFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 91,780 </font></td></tr><tr style='height:12pt;' ><td style='width:110.25pt;text-align:left;border-color:Black;min-width:110.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Operating income (loss)</font></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 434,662 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 126,767 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 31,280 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > (2,861)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > (84,507)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 505,341 </font></td></tr><tr style='height:13.5pt;' ><td style='width:110.25pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:110.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Intersegment revenues</font></td><td style='width:9pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;border-top-style:double;border-top-width:3;text-align:right;background-color:#CCECFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;border-top-style:double;border-top-width:3;text-align:right;background-color:#CCECFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 2,163 </font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;border-top-style:double;border-top-width:3;text-align:right;background-color:#CCECFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;border-top-style:double;border-top-width:3;text-align:right;background-color:#CCECFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 5,280 </font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;border-top-style:double;border-top-width:3;text-align:right;background-color:#CCECFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;border-top-style:double;border-top-width:3;text-align:right;background-color:#CCECFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;border-top-style:double;border-top-width:3;text-align:right;background-color:#CCECFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 7,443 </font></td></tr><tr style='height:12pt;' ><td style='width:110.25pt;text-align:left;border-color:Black;min-width:110.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Capital expenditures</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 27,327 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 32,359 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 56,857 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 3,148 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 5,186 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 124,877 </font></td></tr><tr style='height:24pt;' ><td style='width:110.25pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:110.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Share-based compensation</font><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > expense</font></td><td style='width:9pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 4,927 </font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 4,927 </font></td></tr><tr style='height:12pt;' ><td style='width:110.25pt;text-align:left;border-color:Black;min-width:110.25pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;border-color:Black;min-width:51.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;border-color:Black;min-width:51.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;border-color:Black;min-width:51.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;border-color:Black;min-width:51.75pt;' ></td></tr><tr style='height:12pt;' ><td colspan='21' rowspan='1' style='width:546.75pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:546.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Six Months Ended June 30, 2014</font></td></tr><tr style='height:12pt;' ><td style='width:110.25pt;text-align:left;border-color:Black;min-width:110.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Revenue</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 1,476,684 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 634,956 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 781,500 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 88,722 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > (9,160)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 2,972,702 </font></td></tr><tr style='height:12pt;' ><td style='width:110.25pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:110.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Direct operating expenses</font></td><td style='width:9pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 439,005 </font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 297,239 </font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 497,418 </font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 12,736 </font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > (3,840)</font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 1,242,558 </font></td></tr><tr style='height:24pt;' ><td style='width:110.25pt;text-align:left;border-color:Black;min-width:110.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Selling, general and</font><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > administrative expenses</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 504,025 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 114,817 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 158,404 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 61,638 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > (5,320)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 833,564 </font></td></tr><tr style='height:24pt;' ><td style='width:110.25pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:110.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Depreciation and</font><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > amortization</font></td><td style='width:9pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 119,555 </font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 99,559 </font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 96,220 </font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 17,374 </font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 16,225 </font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 348,933 </font></td></tr><tr style='height:12pt;' ><td style='width:110.25pt;text-align:left;border-color:Black;min-width:110.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Impairment charges</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 4,902 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 4,902 </font></td></tr><tr style='height:12pt;' ><td style='width:110.25pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:110.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Corporate expenses</font></td><td style='width:9pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 154,902 </font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 154,902 </font></td></tr><tr style='height:12pt;' ><td style='width:110.25pt;text-align:left;border-color:Black;min-width:110.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Other operating income, net</font></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > (1,463)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > (1,463)</font></td></tr><tr style='height:12pt;' ><td style='width:110.25pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:110.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Operating income (loss)</font></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;background-color:#CCECFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 414,099 </font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;background-color:#CCECFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 123,341 </font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;background-color:#CCECFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 29,458 </font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;background-color:#CCECFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > (3,026)</font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;background-color:#CCECFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > (177,492)</font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;background-color:#CCECFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;background-color:#CCECFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 386,380 </font></td></tr><tr style='height:13.5pt;' ><td style='width:110.25pt;text-align:left;border-color:Black;min-width:110.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Intersegment revenues</font></td><td style='width:9pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 2,070 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 7,090 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 9,160 </font></td></tr><tr style='height:12pt;' ><td style='width:110.25pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:110.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Capital expenditures</font></td><td style='width:9pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 20,684 </font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 38,127 </font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 52,638 </font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 2,886 </font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 27,086 </font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 141,421 </font></td></tr><tr style='height:24.75pt;' ><td style='width:110.25pt;text-align:left;border-color:Black;min-width:110.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Share-based compensation</font><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > expense</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 5,818 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 5,818 </font></td></tr></table></div> <div><table style='border-collapse:collapse;' ><tr style='height:24.75pt;' ><td colspan='21' rowspan='1' style='width:552.75pt;text-align:left;border-color:Black;min-width:552.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >During the first quarter of 2015, the Company revised its segment reporting, as discussed in Note 1. The following table presents the Company&#8217;s reportable segment results for the three and six months ended June 30, 2015 and 2014:</font></td></tr><tr style='height:12pt;' ><td style='width:123pt;text-align:left;border-color:Black;min-width:123pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:left;border-color:Black;min-width:49.5pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:left;border-color:Black;min-width:49.5pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:left;border-color:Black;min-width:49.5pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:left;border-color:Black;min-width:49.5pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:left;border-color:Black;min-width:49.5pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:left;border-color:Black;min-width:49.5pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:left;border-color:Black;min-width:51.75pt;' ></td></tr><tr style='height:48.75pt;' ><td style='width:123pt;text-align:left;border-color:Black;min-width:123pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-style:italic;color:#000000;' >(In thousands)</font></td><td colspan='2' rowspan='1' style='width:58.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:58.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >iHM</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:58.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:58.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Americas Outdoor Advertising</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:58.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:58.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >International Outdoor Advertising</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:58.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:58.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Other</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:58.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:58.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Corporate and other reconciling items</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:58.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:58.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Eliminations</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:60.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:60.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Consolidated</font></td></tr><tr style='height:12pt;' ><td colspan='21' rowspan='1' style='width:552.75pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:552.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Three Months Ended June 30, 2015</font></td></tr><tr style='height:12pt;' ><td style='width:123pt;text-align:left;border-color:Black;min-width:123pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Revenue</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 840,701 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 341,286 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 381,533 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 40,040 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > (3,701)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 1,599,859 </font></td></tr><tr style='height:12pt;' ><td style='width:123pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:123pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Direct operating expenses</font></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 241,826 </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 149,712 </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 222,630 </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 3,039 </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > (1,942)</font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 615,265 </font></td></tr><tr style='height:24pt;' ><td style='width:123pt;text-align:left;border-color:Black;min-width:123pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Selling, general and</font><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > administrative expenses</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 266,523 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 57,346 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 75,176 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 26,877 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > (1,759)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 424,163 </font></td></tr><tr style='height:24pt;' ><td style='width:123pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:123pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Depreciation and</font><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > amortization</font></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 59,571 </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 51,113 </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 40,956 </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 7,611 </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 9,143 </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 168,394 </font></td></tr><tr style='height:12pt;' ><td style='width:123pt;text-align:left;border-color:Black;min-width:123pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Corporate expenses</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 80,592 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 80,592 </font></td></tr><tr style='height:12pt;' ><td style='width:123pt;text-align:left;background-color:#DBEEF4;border-color:Black;min-width:123pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Other operating income, net</font></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#DBEEF4;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;background-color:#DAEEF3;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#DBEEF4;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#DBEEF4;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;background-color:#DAEEF3;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#DBEEF4;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#DBEEF4;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;background-color:#DAEEF3;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#DBEEF4;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#DBEEF4;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;background-color:#DAEEF3;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#DBEEF4;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#DBEEF4;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;background-color:#DAEEF3;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 100,754 </font></td><td style='width:3pt;text-align:right;background-color:#DBEEF4;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#DBEEF4;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;background-color:#DAEEF3;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#DBEEF4;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#DBEEF4;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;background-color:#DAEEF3;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 100,754 </font></td></tr><tr style='height:12pt;' ><td style='width:123pt;text-align:left;border-color:Black;min-width:123pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Operating income </font></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 272,781 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 83,115 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 42,771 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 2,513 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 11,019 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 412,199 </font></td></tr><tr style='height:13.5pt;' ><td style='width:123pt;text-align:left;background-color:#DBEEF4;border-color:Black;min-width:123pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Intersegment revenues</font></td><td style='width:9pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#DBEEF4;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;border-top-style:double;border-top-width:3;text-align:right;background-color:#DAEEF3;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#DBEEF4;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#DBEEF4;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;border-top-style:double;border-top-width:3;text-align:right;background-color:#DAEEF3;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 1,062 </font></td><td style='width:3pt;text-align:right;background-color:#DBEEF4;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#DBEEF4;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;border-top-style:double;border-top-width:3;text-align:right;background-color:#DAEEF3;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#DBEEF4;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#DBEEF4;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;border-top-style:double;border-top-width:3;text-align:right;background-color:#DAEEF3;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 2,639 </font></td><td style='width:3pt;text-align:right;background-color:#DBEEF4;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#DBEEF4;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;border-top-style:double;border-top-width:3;text-align:right;background-color:#DAEEF3;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#DBEEF4;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#DBEEF4;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;border-top-style:double;border-top-width:3;text-align:right;background-color:#DAEEF3;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#DBEEF4;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#DBEEF4;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;border-top-style:double;border-top-width:3;text-align:right;background-color:#DAEEF3;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 3,701 </font></td></tr><tr style='height:12pt;' ><td style='width:123pt;text-align:left;border-color:Black;min-width:123pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Capital expenditures</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 15,414 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 15,664 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 31,752 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 2,097 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 3,495 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 68,422 </font></td></tr><tr style='height:24pt;' ><td style='width:123pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:123pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Share-based compensation</font><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > expense</font></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 2,403 </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 2,403 </font></td></tr><tr style='height:12pt;' ><td style='width:123pt;text-align:left;border-color:Black;min-width:123pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;border-color:Black;min-width:51.75pt;' ></td></tr><tr style='height:12pt;' ><td colspan='21' rowspan='1' style='width:552.75pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:552.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Three Months Ended June 30, 2014</font></td></tr><tr style='height:12pt;' ><td style='width:123pt;text-align:left;border-color:Black;min-width:123pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Revenue</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 806,337 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 344,346 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 436,859 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 47,227 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > (4,615)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 1,630,154 </font></td></tr><tr style='height:12pt;' ><td style='width:123pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:123pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Direct operating expenses</font></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 227,059 </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 153,875 </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 259,269 </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 6,348 </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > (1,681)</font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 644,870 </font></td></tr><tr style='height:24pt;' ><td style='width:123pt;text-align:left;border-color:Black;min-width:123pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Selling, general and</font><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > administrative expenses</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 250,681 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 58,448 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 81,823 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 30,910 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > (2,934)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 418,928 </font></td></tr><tr style='height:24pt;' ><td style='width:123pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:123pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Depreciation and</font><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > amortization</font></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 59,230 </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 49,848 </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 47,889 </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 8,655 </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 8,440 </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 174,062 </font></td></tr><tr style='height:12pt;' ><td style='width:123pt;text-align:left;border-color:Black;min-width:123pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Impairment charges</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 4,902 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 4,902 </font></td></tr><tr style='height:12pt;' ><td style='width:123pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:123pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Corporate expenses</font></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 82,197 </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 82,197 </font></td></tr><tr style='height:12pt;' ><td style='width:123pt;text-align:left;border-color:Black;min-width:123pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Other operating expense, net</font></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > (1,628)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > (1,628)</font></td></tr><tr style='height:12pt;' ><td style='width:123pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:123pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Operating income (loss)</font></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 269,367 </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 82,175 </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 47,878 </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 1,314 </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > (97,167)</font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 303,567 </font></td></tr><tr style='height:13.5pt;' ><td style='width:123pt;text-align:left;border-color:Black;min-width:123pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Intersegment revenues</font></td><td style='width:9pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 1,094 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 3,521 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 4,615 </font></td></tr><tr style='height:12pt;' ><td style='width:123pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:123pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Capital expenditures</font></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 10,392 </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 21,683 </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 31,776 </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 1,079 </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 9,083 </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 74,013 </font></td></tr><tr style='height:24.75pt;' ><td style='width:123pt;text-align:left;border-color:Black;min-width:123pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Share-based compensation</font><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > expense</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 2,782 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 2,782 </font></td></tr></table></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:24.75pt;' ><td colspan='21' rowspan='1' style='width:546.75pt;text-align:justify;border-color:Black;min-width:546.75pt;' ></td></tr><tr style='height:12pt;' ><td style='width:110.25pt;text-align:left;border-color:Black;min-width:110.25pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:left;border-color:Black;min-width:51.75pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:left;border-color:Black;min-width:51.75pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:left;border-color:Black;min-width:51.75pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:left;border-color:Black;min-width:49.5pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:left;border-color:Black;min-width:49.5pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:left;border-color:Black;min-width:49.5pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:left;border-color:Black;min-width:51.75pt;' ></td></tr><tr style='height:48.75pt;' ><td style='width:110.25pt;text-align:left;border-color:Black;min-width:110.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-style:italic;color:#000000;' >(In thousands)</font></td><td colspan='2' rowspan='1' style='width:60.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:60.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >iHM</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:60.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:60.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Americas Outdoor Advertising</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:60.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:60.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >International Outdoor Advertising</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:58.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:58.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Other</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:58.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:58.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Corporate and other reconciling items</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:58.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:58.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Eliminations</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:60.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:60.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Consolidated</font></td></tr><tr style='height:12pt;' ><td colspan='21' rowspan='1' style='width:546.75pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:546.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Six Months Ended June 30, 2015</font></td></tr><tr style='height:12pt;' ><td style='width:110.25pt;text-align:left;border-color:Black;min-width:110.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Revenue</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 1,538,502 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 637,149 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 700,713 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 75,502 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > (7,443)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 2,944,423 </font></td></tr><tr style='height:12pt;' ><td style='width:110.25pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:110.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Direct operating expenses</font></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 455,655 </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 295,946 </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 439,367 </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 6,437 </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > (3,621)</font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 1,193,784 </font></td></tr><tr style='height:24pt;' ><td style='width:110.25pt;text-align:left;border-color:Black;min-width:110.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Selling, general and</font><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > administrative expenses</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 527,872 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 112,983 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 146,669 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 56,649 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > (3,822)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 840,351 </font></td></tr><tr style='height:24pt;' ><td style='width:110.25pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:110.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Depreciation and</font><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > amortization</font></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 120,313 </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 101,453 </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 83,397 </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 15,277 </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 18,407 </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCEEFF;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;background-color:#CCEEFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 338,847 </font></td></tr><tr style='height:12pt;' ><td style='width:110.25pt;text-align:left;border-color:Black;min-width:110.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Corporate expenses</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 157,880 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 157,880 </font></td></tr><tr style='height:12pt;' ><td style='width:110.25pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:110.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Other operating expense, net</font></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;background-color:#CCECFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;background-color:#CCECFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;background-color:#CCECFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;background-color:#CCECFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;background-color:#CCECFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 91,780 </font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;background-color:#CCECFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;background-color:#CCECFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 91,780 </font></td></tr><tr style='height:12pt;' ><td style='width:110.25pt;text-align:left;border-color:Black;min-width:110.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Operating income (loss)</font></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 434,662 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 126,767 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 31,280 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > (2,861)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > (84,507)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 505,341 </font></td></tr><tr style='height:13.5pt;' ><td style='width:110.25pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:110.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Intersegment revenues</font></td><td style='width:9pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;border-top-style:double;border-top-width:3;text-align:right;background-color:#CCECFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;border-top-style:double;border-top-width:3;text-align:right;background-color:#CCECFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 2,163 </font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;border-top-style:double;border-top-width:3;text-align:right;background-color:#CCECFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;border-top-style:double;border-top-width:3;text-align:right;background-color:#CCECFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 5,280 </font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;border-top-style:double;border-top-width:3;text-align:right;background-color:#CCECFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;border-top-style:double;border-top-width:3;text-align:right;background-color:#CCECFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;border-top-style:double;border-top-width:3;text-align:right;background-color:#CCECFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 7,443 </font></td></tr><tr style='height:12pt;' ><td style='width:110.25pt;text-align:left;border-color:Black;min-width:110.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Capital expenditures</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 27,327 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 32,359 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 56,857 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 3,148 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 5,186 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 124,877 </font></td></tr><tr style='height:24pt;' ><td style='width:110.25pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:110.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Share-based compensation</font><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > expense</font></td><td style='width:9pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 4,927 </font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 4,927 </font></td></tr><tr style='height:12pt;' ><td style='width:110.25pt;text-align:left;border-color:Black;min-width:110.25pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;border-color:Black;min-width:51.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;border-color:Black;min-width:51.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;border-color:Black;min-width:51.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;border-color:Black;min-width:51.75pt;' ></td></tr><tr style='height:12pt;' ><td colspan='21' rowspan='1' style='width:546.75pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:546.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Six Months Ended June 30, 2014</font></td></tr><tr style='height:12pt;' ><td style='width:110.25pt;text-align:left;border-color:Black;min-width:110.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Revenue</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 1,476,684 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 634,956 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 781,500 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 88,722 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > (9,160)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 2,972,702 </font></td></tr><tr style='height:12pt;' ><td style='width:110.25pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:110.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Direct operating expenses</font></td><td style='width:9pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 439,005 </font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 297,239 </font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 497,418 </font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 12,736 </font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > (3,840)</font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 1,242,558 </font></td></tr><tr style='height:24pt;' ><td style='width:110.25pt;text-align:left;border-color:Black;min-width:110.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Selling, general and</font><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > administrative expenses</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 504,025 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 114,817 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 158,404 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 61,638 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > (5,320)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 833,564 </font></td></tr><tr style='height:24pt;' ><td style='width:110.25pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:110.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Depreciation and</font><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > amortization</font></td><td style='width:9pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 119,555 </font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 99,559 </font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 96,220 </font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 17,374 </font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 16,225 </font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 348,933 </font></td></tr><tr style='height:12pt;' ><td style='width:110.25pt;text-align:left;border-color:Black;min-width:110.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Impairment charges</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 4,902 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 4,902 </font></td></tr><tr style='height:12pt;' ><td style='width:110.25pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:110.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Corporate expenses</font></td><td style='width:9pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 154,902 </font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 154,902 </font></td></tr><tr style='height:12pt;' ><td style='width:110.25pt;text-align:left;border-color:Black;min-width:110.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Other operating income, net</font></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > (1,463)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:51.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > (1,463)</font></td></tr><tr style='height:12pt;' ><td style='width:110.25pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:110.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Operating income (loss)</font></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;background-color:#CCECFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 414,099 </font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;background-color:#CCECFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 123,341 </font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;background-color:#CCECFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 29,458 </font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;background-color:#CCECFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > (3,026)</font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;background-color:#CCECFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > (177,492)</font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;background-color:#CCECFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;background-color:#CCECFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 386,380 </font></td></tr><tr style='height:13.5pt;' ><td style='width:110.25pt;text-align:left;border-color:Black;min-width:110.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Intersegment revenues</font></td><td style='width:9pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 2,070 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 7,090 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 9,160 </font></td></tr><tr style='height:12pt;' ><td style='width:110.25pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:110.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Capital expenditures</font></td><td style='width:9pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 20,684 </font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 38,127 </font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 52,638 </font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 2,886 </font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 27,086 </font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;background-color:#CCECFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;text-align:right;background-color:#CCECFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 141,421 </font></td></tr><tr style='height:24.75pt;' ><td style='width:110.25pt;text-align:left;border-color:Black;min-width:110.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Share-based compensation</font><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > expense</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 5,818 </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > - </font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51.75pt;text-align:right;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' > 5,818 </font></td></tr></table></div>