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Consolidated Statements Of Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2015
Mar. 31, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Statement of Comprehensive Income [Abstract]          
Revenue $ 545,369   $ 546,527 $ 1,154,005 $ 1,144,289
Expenses:          
Direct operating [1] 369,619   381,734 774,803 801,376
Marketing 8,047   9,136 16,467 16,129
Research and development 2,039   3,412 4,123 6,886
General and administrative 48,783   48,596 97,339 101,204
Restructuring and lease termination costs (Note 11) 0   0 15,851 557
Depreciation and other 45,174   47,812 87,860 95,754
Amortization of intangible assets 3,309   3,840 6,618 7,682
Goodwill impairment (Note 6) 85,890   0 85,890 0
Total expenses 562,861   494,530 1,088,951 1,029,588
Operating income (loss) (17,492)   51,997 65,054 114,701
Other income (expense), net:          
Loss from equity method investments, net (Note 7) (133)   (10,541) (265) (19,909)
Interest expense, net (12,183)   (12,932) (24,254) (22,580)
Other income (expense), net 642   1,614 (1,704) 966
Total other income (expense), net (11,674)   (21,859) (26,223) (41,523)
Income (loss) from continuing operations before income taxes (29,166)   30,138 38,831 73,178
Income tax expense (18,185)   (6,305) (44,027) (21,739)
Income (loss) from continuing operations (47,351)   23,833 (5,196) 51,439
Income (loss) from discontinued operations, net of tax (Note 12) 1,735   (2,080) (4,821) (6,511)
Net income (loss) (45,616)   21,753 (10,017) 44,928
Foreign currency translation adjustment [2],[3] 473   (336) 3,327 539
Comprehensive income (loss) (45,143)   21,417 (6,690) 45,467
Income (loss) from continuing operations attributable to common shares (Note 13):          
Basic (47,472)   23,016 (5,465) 49,880
Diluted $ (47,472)   $ 23,036 $ (5,465) $ 49,918
Basic earnings (loss) per common share (Note 13):          
Continuing operations $ (2.66)   $ 1.18 $ (0.30) $ 2.30
Discontinued operations 0.10   (0.11) (0.27) (0.30)
Basic earnings (loss) per common share (2.56)   1.07 (0.57) 2.00
Diluted earnings (loss) per common share (Note 13):          
Continuing operations (2.66)   1.15 (0.30) 2.24
Discontinued operations 0.10   (0.10) (0.27) (0.29)
Diluted earnings (loss) per common share $ (2.56)   $ 1.05 $ (0.57) $ 1.95
Weighted average common shares used in basic and diluted per share calculations (Note 13):          
Weighted average common shares - basic 17,848   19,541 18,057 21,730
Weighted Average Number of Shares Outstanding, Diluted [4] 17,848   20,048 18,057 22,298
Dividends declared per common share $ 0.30 $ 0.30 $ 0 $ 0.60 $ 0
[1] “Direct operating” excludes “Depreciation and other” of $29.6 million and $58.0 million for the three and six months ended June 30, 2015, respectively, and $31.4 million and $63.1 million for the three and six months ended June 30, 2014, respectively.
[2] Foreign currency translation adjustment had no tax effect for the six months ended June 30, 2015.
[3] Foreign currency translation adjustment had no tax effect for the three and six months ended June 30, 2015 and 2014, respectively.
[4] Participating securities were included in the calculation of diluted earnings per share using the two-class method, as this calculation was more dilutive than the calculation using the treasury stock method.