| In millions, except per share items | Dec-31-15 | Dec-31-14 | Dec-31-13 | Dec-31-12 | Dec-31-11 | Dec-26-10 | Dec-27-09 | Dec-28-08 |
| | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
| Revenues: |
| Broadcast | 1,150.4 | 644.0 | 260.3 | | | | | |
| Digital | 154.5 | 30.9 | 9.6 | | | | | |
| Publishing | | | | | | | | 436.9 |
| Other | | | | | | | | 360.5 |
| Total revenues | 1,304.9 | 675.0 | 269.9 | 228.2 | 174.5 | 304.8 | 657.6 | 797.4 |
| Revenue growth [+] | 93.3% | 150.1% | 18.3% | 30.7% | -42.7% | -53.7% | -17.5% | -11.0% |
| Broadcast | 78.6% | 147.4% | | | | | | |
| Digital | 399.4% | 222.0% | | | | | | |
| Publishing | | | | | | | | -16.8% |
| Cost of goods sold | 1,222.9 | 559.9 | 236.1 | 172.7 | 153.2 | 263.2 | 690.7 | 1,661.9 |
| Gross profit | 82.0 | 115.1 | 33.8 | 55.5 | 21.3 | 41.6 | -33.1 | -864.6 |
| Gross margin | 6.3% | 17.1% | 12.5% | 24.3% | 12.2% | 13.6% | -5.0% | -108.4% |
| Selling, general and administrative [+] | 365.3 | 204.5 | 90.3 | 78.5 | 66.0 | 116.7 | 94.0 | 111.5 |
| Sales and marketing | 315.0 | 171.5 | 71.2 | 55.0 | 53.9 | 81.1 | | |
| General and administrative | 50.4 | 33.0 | 19.0 | 23.5 | 12.2 | 35.6 | | |
| Other selling, general and administrative | 315.0 | 171.5 | 71.2 | 55.0 | 53.9 | 81.1 | | |
| Equity in earnings | | | | | | | 0.7 | |
| Other operating expenses | -618.0 | -316.3 | -129.5 | -94.8 | -81.6 | -139.9 | -237.4 | -179.8 |
| EBITDA [+] | 334.7 | 226.9 | 73.1 | 71.7 | 36.9 | 88.5 | 111.0 | -795.9 |
| EBITDA growth | 47.5% | 210.5% | 1.9% | 94.6% | -58.3% | -20.3% | -113.9% | -578.7% |
| EBITDA margin | 25.6% | 33.6% | 27.1% | 31.4% | 21.1% | 29.0% | 16.9% | -99.8% |
| Depreciation and amortization | 168.1 | 66.6 | 25.8 | 16.2 | 13.9 | 40.7 | 46.0 | 51.6 |
| EBITA | 166.5 | 160.4 | 47.3 | 55.6 | 23.0 | 47.7 | 65.0 | -847.5 |
| EBITA margin | 12.8% | 23.8% | 17.5% | 24.3% | 13.2% | 15.7% | 9.9% | -106.3% |
| Amortization of intangibles | | | | | | 6.2 | 13.2 | 20.3 |
| EBIT [+] | 166.5 | 160.4 | 47.3 | 55.6 | 23.0 | 41.6 | 51.8 | -867.8 |
| EBIT growth | 3.9% | 239.0% | -14.8% | 141.9% | -44.8% | -19.7% | -106.0% | -1088.1% |
| EBIT margin | 12.8% | 23.8% | 17.5% | 24.3% | 13.2% | 13.6% | 7.9% | -108.8% |
| Non-recurring items [+] | 84.6 | 45.3 | 13.5 | 0.1 | 1.7 | 0.0 | 84.2 | -3.3 |
| Asset impairment | 52.9 | | | | 1.0 | | 84.2 | |
| Loss (gain) on sale of assets | -0.3 | -8.9 | 0.4 | 0.1 | 0.7 | 0.0 | | |
| Unusual expense | | | | | | | | -3.3 |
| Interest expense | 119.6 | 45.7 | 12.7 | 7.8 | 7.2 | | 42.0 | 43.4 |
| Interest expense | 119.6 | 45.7 | 12.7 | 7.8 | 7.2 | | 42.0 | 43.4 |
| Other income (expense), net [+] | 2.6 | 39.6 | -4.5 | 8.7 | 182.7 | -70.1 | 1.0 | -3.4 |
| Gain (loss) on debt retirement | -3.6 | -3.5 | -4.5 | | -0.9 | | | |
| Other | 6.2 | 0.1 | 0.0 | 8.7 | -0.7 | 1.0 | 1.0 | -1.0 |
| Pre-tax income | -35.0 | 109.0 | 16.7 | 56.3 | 196.7 | -28.5 | -73.4 | -911.4 |
| Income taxes | 4.7 | 52.5 | 12.3 | 20.4 | 92.8 | 10.0 | -28.6 | -288.2 |
| Tax rate | | 48.1% | 73.9% | 36.2% | 47.2% | | 39.0% | 31.6% |
| Minority interest | -0.3 | 3.0 | -1.8 | 0.0 | | | | |
| Earnings from continuing ops | -39.5 | 53.5 | 6.1 | 35.9 | 103.9 | -38.5 | -53.8 | -623.3 |
| Earnings from discontinued ops | | | | | | 15.9 | 9.0 | |
| Net income | -39.5 | 53.5 | 6.1 | 35.9 | 103.9 | -22.6 | -44.8 | -631.9 |
| Net margin | -3.0% | 7.9% | 2.3% | 15.7% | 59.5% | -7.4% | -6.8% | -79.2% |
| |
| Basic EPS [+] | ($0.31) | $0.60 | $0.12 | $0.82 | $1.91 | ($1.73) | ($1.93) | ($28.21) |
| Growth | -151.5% | 416.9% | -86.0% | -56.8% | -210.5% | -10.8% | -93.1% | -6369.1% |
| Diluted EPS [+] | ($0.31) | $0.59 | $0.10 | $0.53 | $1.14 | ($1.73) | ($1.93) | ($28.21) |
| Growth | -152.2% | 513.5% | -81.8% | -53.6% | -166.0% | -10.8% | -93.1% | -11510.9% |
| |
| |
| Shares outstanding (basic) [+] | 128.6 | 89.9 | 53.3 | 43.6 | 54.5 | 22.3 | 27.8 | 22.1 |
| Growth | 43.1% | 68.6% | 22.4% | -20.1% | 144.1% | -19.7% | 25.9% | 7.7% |
| Shares outstanding (diluted) [+] | 128.6 | 91.1 | 64.1 | 68.1 | 91.3 | 22.3 | 27.8 | 22.1 |
| Growth | 41.3% | 42.0% | -5.8% | -25.5% | 308.8% | -19.7% | 25.9% | -40.9% |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |